Ophthalmic Viscoelastic Devices Market, by Product Type (Dispersive Ophthalmic Viscoelastic Devices, and Cohesive Ophthalmic Viscoelastic Devices), by Application (Cataract Surgery, Glaucoma Surgery, Vitreoretinal Surgery, Corneal Transplantation Surgery,

Ophthalmic Viscoelastic Devices Market, by Product Type (Dispersive Ophthalmic Viscoelastic Devices, and Cohesive Ophthalmic Viscoelastic Devices), by Application (Cataract Surgery, Glaucoma Surgery, Vitreoretinal Surgery, Corneal Transplantation Surgery, and Others), by Composition (Sodium Hyaluronate, Chondroitin Sulfate, and Hydroxypropyl Methylcellulose), by End User (Ophthalmic Clinics, Hospitals, and Academic and Research Institutes), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Ophthalmic viscoelastic devices (OVD) are tools used in modern cataract surgeries. They are non-active, clear, and gel-like solutions with viscous and elastic properties. OVDs mainly contain Sodium Hyaluronate, Chondroitin Sulfate, and Hydroxypropyl Methylcellulose. These substances cover and protect the intraocular tissues, ocular structures, and improve visualization. Major role of OVDs is to create and maintain volume in the anterior chamber of the eye, and protect the corneal endothelium during the ophthalmic procedure.
Market Dynamics
Increasing prevalence of ophthalmic diseases such as glaucoma, and cataract is expected to drive the ophthalmic viscoelastic devices (OVD) market growth. For instance, in November 2014, the American Academic of Ophthalmology (AAO) studied the global prevalence of glaucoma and projections of glaucoma burden up to 2040. According to AAO, in 2013, there were an estimated 64.3 million people diagnosed with glaucoma. Moreover, AAO also stated that the number is expected to increase in future.
Key features of the study:
This report provides in-depth analysis of the global ophthalmic viscoelastic devices market, market size (US$ Mn), and compound annual growth rate (CAGR %) over the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrixes for this market
This study also provides key insights about market drivers, restraints, opportunities, new technology launches or approvals, market trends, regional outlook, and competitive strategies adopted by leading players
It profiles leading players in the global ophthalmic viscoelastic devices market based on the following parameters – company overview, financial performance, technology portfolio, geographical presence, distribution strategies, key developments, and strategies
Key players covered as a part of this study include Johnson & Johnson, Rumex International Co., Bausch & Lomb Incorporated., Ophtechnics Unlimited, Truviz Ophthalmic., Beye, LLC, Carl Zeiss Meditec AG, Precision Lens, Iso Clear (Pty) Ltd., and Neu Micromed International Pvt. Ltd
Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to future technology launches, governmental initiatives, technological up-gradation, market expansions, and marketing tactics
The global ophthalmic viscoelastic devices market report caters to various stakeholders in this market, including investors, technology manufacturers, distributors, and suppliers in the global ophthalmic viscoelastic devices industry, research and consulting firms, new entrants, and financial analysts
Detailed Segmentation:
Global Ophthalmic Viscoelastic Devices Market, By Product Type:
Dispersive Ophthalmic Viscoelastic Devices
Cohesive Ophthalmic Viscoelastic Devices
Global Ophthalmic Viscoelastic Devices Market, By Application:
Cataract Surgery
Glaucoma Surgery
Vitreoretinal Surgery
Corneal Transplantation Surgery
Others
Global Ophthalmic Viscoelastic Devices Market, By Composition:
Sodium Hyaluronate
Chondroitin Sulfate
Hydroxypropyl Methylcellulose
Global Ophthalmic Viscoelastic Devices Market, By End User:
Ophthalmic Clinics
Hospitals
Academic and Research Institutes
Global Ophthalmic Viscoelastic Devices Market, By Region:
North America
By Country:
U.S.
Canada
By Product Type:
Dispersive Ophthalmic Viscoelastic Devices
Cohesive Ophthalmic Viscoelastic Devices
By Application:
Cataract Surgery
Glaucoma Surgery
Vitreoretinal Surgery
Corneal Transplantation Surgery
Others
By Composition:
Sodium Hyaluronate
Chondroitin Sulfate
Hydroxypropyl Methylcellulose
By End User:
Ophthalmic Clinics
Hospitals
Academic and Research Institutes
Europe
By Country:
U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe
By Product Type:
Dispersive Ophthalmic Viscoelastic Devices
Cohesive Ophthalmic Viscoelastic Devices
By Application:
Cataract Surgery
Glaucoma Surgery
Vitreoretinal Surgery
Corneal Transplantation Surgery
Others
By Composition:
Sodium Hyaluronate
Chondroitin Sulfate
Hydroxypropyl Methylcellulose
By End User:
Ophthalmic Clinics
Hospitals
Academic and Research Institute
Asia Pacific
By Country:
Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific
By Product Type:
Dispersive Ophthalmic Viscoelastic Devices
Cohesive Ophthalmic Viscoelastic Devices
By Application:
Cataract Surgery
Glaucoma Surgery
Vitreoretinal Surgery
Corneal Transplantation Surgery
Others
By Composition:
Sodium Hyaluronate
Chondroitin Sulfate
Hydroxypropyl Methylcellulose
By End User:
Ophthalmic Clinics
Hospitals
Academic and Research Institute
Latin America
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
By Product Type:
Dispersive Ophthalmic Viscoelastic Devices
Cohesive Ophthalmic Viscoelastic Devices
By Application:
Cataract Surgery
Glaucoma Surgery
Vitreoretinal Surgery
Corneal Transplantation Surgery
Others
By Composition:
Sodium Hyaluronate
Chondroitin Sulfate
Hydroxypropyl Methylcellulose
By End User:
Ophthalmic Clinics
Hospitals
Academic and Research Institute
Middle East
By Country:
GCC
Israel
Rest of Middle East
By Product Type:
Dispersive Ophthalmic Viscoelastic Devices
Cohesive Ophthalmic Viscoelastic Devices
By Application:
Cataract Surgery
Glaucoma Surgery
Vitreoretinal Surgery
Corneal Transplantation Surgery
Others
By Composition:
Sodium Hyaluronate
Chondroitin Sulfate
Hydroxypropyl Methylcellulose
By End User:
Ophthalmic Clinics
Hospitals
Academic and Research Institute
Africa
By Country/Region:
South Africa
Central Africa
North Africa
By Product Type:
Dispersive Ophthalmic Viscoelastic Devices
Cohesive Ophthalmic Viscoelastic Devices
By Application:
Cataract Surgery
Glaucoma Surgery
Vitreoretinal Surgery
Corneal Transplantation Surgery
Others
By Composition:
Sodium Hyaluronate
Chondroitin Sulfate
Hydroxypropyl Methylcellulose
By End User:
Ophthalmic Clinics
Hospitals
Academic and Research Institute
Company Profiles
Johnson & Johnson
Company Overview
Product Portfolio
Financial Performance
Recent Highlights
Strategies
Rumex International Co.
Bausch & Lomb Incorporated.
Ophtechnics Unlimited
Truviz Ophthalmic.
Beye, LLC
Carl Zeiss Meditec AG
Precision Lens
Iso Clear (Pty) Ltd.
Neu Micromed International Pvt. Ltd.
“*” marked represents similar segmentation in other categories in the respective section