The global ophthalmic viscoelastic devices (OVD) industry was valued at USD 2735.67 Million in 2023 and is expected to grow at a CAGR of 4.10% during the forecast period of 2024-2032.
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The global ophthalmic viscoelastic device (OVD) market is being driven by initiatives undertaken by governments that aim at setting guidelines for controlling the rising vision impairment.
Ophthalmic viscoelastic devices (OVD) are used in eye surgeries such as cataract surgery and glaucoma surgery to protect the sensitive eye structures along with generating stress in the anterior chamber and compartmentalizing the inside of an eye. Its application sectors include cataract surgery, glaucoma surgery, corneal transplant, and vitreoretinal surgery. Market Breakup by Product: Market Breakup by Applications: Market Breakup by End Use: Market Breakup by Region:
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The global ophthalmic viscoelastic devices (OVD) industry is being aided by factors like increasing government initiatives that aim at establishing rules to control the rising vision impairment by compelling producers to introduce new ophthalmic equipment in the market. Increasing cataract and glaucoma prevalence, rising number of eye surgeries, and the growing geriatric population are the other factors contributing to the growth of the global ophthalmic viscoelastic devices (OVD) industry. The high cost for ophthalmic surgery might hinder the growth of the global market.
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The report presents a detailed analysis of the following key players in the global ophthalmic viscoelastic devices (OVD) industry, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Applications |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global ophthalmic viscoelastic devices market attained a value of nearly USD 2735.67 Million.
The market is projected to grow at a CAGR of 4.10% between 2024 and 2032.
The major drivers of the market include rising urbanisation, Increasing cataract and glaucoma prevalence, rising number of eye surgeries, and the growing geriatric population.
Increasing initiatives undertaken by governments that aim at setting guidelines for controlling the rising vision impairment are the key industry trends propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Cohesive ophthalmic viscoelastic and dispersive ophthalmic viscoelastic are the two product types.
The leading application sectors include cataract surgery, glaucoma surgery, corneal transplant, and vitreoretinal surgery.
The end use sectors include hospitals and ophthalmic clinics, among others.
The major players in the industry are Bausch & Lomb, Inc., Altacor Ltd., Carl Zeiss Meditec AG, Rumex International Co., Eyekon Medical Inc., Bohus Biotech AB, Shanghai Haohai Biological Technology Co., Ltd., Alcon Vision LLC, Others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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