Opthalmic Viscoelastic Device (OVD) Market Report: Trends, Forecast and Competitive Analysis to 2030

Opthalmic Viscoelastic Device (OVD) Market Report: Trends, Forecast and Competitive Analysis to 2030

Opthalmic Viscoelastic Device (OVD) Trends and Forecast

The future of the global opthalmic viscoelastic device (OVD) market looks promising with opportunities in the cataract surgery, glaucoma surgery, corneal transplant, and vitreoretinal surgery applications. The global opthalmic viscoelastic device (OVD) market is expected to reach an estimated $3.7 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are growing prevalence of cataract and glaucoma and rising number of eye surgeries performed.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Opthalmic Viscoelastic Device (OVD) by Segment

The study includes a forecast for the global opthalmic viscoelastic device (OVD) by product, application, end use, and region.

Opthalmic Viscoelastic Device (OVD) Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Cohesive Ophthalmic Viscoelastic
• Dispersive Ophthalmic Viscoelastic

Opthalmic Viscoelastic Device (OVD) Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Cataract Surgery
• Glaucoma Surgery
• Corneal Transplant
• Vitreoretinal Surgery

Opthalmic Viscoelastic Device (OVD) Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals
• Ophthalmic Clinics
• Others

Opthalmic Viscoelastic Device (OVD) Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Opthalmic Viscoelastic Device (OVD) Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies opthalmic viscoelastic device (OVD) companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the opthalmic viscoelastic device (OVD) companies profiled in this report include-

• Bausch Health
• Eyekon Medical
• Bohus Biotech
• Carl Zeiss Meditec
• Cima Technology

Opthalmic Viscoelastic Device (OVD) Market Insights

Lucintel forecasts that cohesive ophthalmic viscoelastic will remain the larger segment over the forecast period due to its various advantages, such as longer shelf life, better performance, and have variety of application.

Within this market, cataract surgery is expected to witness the highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period due to growing old age population, increasing patient interest in eye care, and presence of key players in the region.

Features of the Global Opthalmic Viscoelastic Device (OVD) Market

Market Size Estimates: Opthalmic viscoelastic device (OVD) market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Opthalmic viscoelastic device (OVD) market size by product, application, end use, and region in terms of value ($B).

Regional Analysis: Opthalmic viscoelastic device (OVD) market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, applications, end uses, and regions for the opthalmic viscoelastic device (OVD) market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the opthalmic viscoelastic device (OVD) market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the opthalmic viscoelastic device (OVD) market size?

Answer: The global opthalmic viscoelastic device (OVD) market is expected to reach an estimated $3.7 billion by 2030.

Q2. What is the growth forecast for opthalmic viscoelastic device (OVD) market?

Answer: The global opthalmic viscoelastic device (OVD) market is expected to grow with a CAGR of 4.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the opthalmic viscoelastic device (OVD) market?

Answer: The major drivers for this market are growing prevalence of cataract and glaucoma and rising number of eye surgeries performed.

Q4. What are the major segments for opthalmic viscoelastic device (OVD) market?

Answer: The future of the opthalmic viscoelastic device (OVD) market looks promising with opportunities in the cataract surgery, glaucoma surgery, corneal transplant, and vitreoretinal surgery applications.

Q5. Who are the key opthalmic viscoelastic device (OVD) market companies?

Answer: Some of the key opthalmic viscoelastic device (OVD) companies are as follows:

• Bausch Health
• Eyekon Medical
• Bohus Biotech
• Carl Zeiss Meditec
• Cima Technology

Q6. Which opthalmic viscoelastic device (OVD) market segment will be the largest in future?

Answer: Lucintel forecasts that cohesive ophthalmic viscoelastic will remain the larger segment over the forecast period due to its various advantages, such as longer shelf life, better performance, and have variety of application.

Q7. In opthalmic viscoelastic device (OVD) market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to growing old age population, increasing patient interest in eye care, and presence of key players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the opthalmic viscoelastic device (OVD) market by product (cohesive ophthalmic viscoelastic and dispersive ophthalmic viscoelastic), application (cataract surgery, glaucoma surgery, corneal transplant, and vitreoretinal surgery), end use (hospitals, ophthalmic clinics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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