PUBLISHER: Value Market Research | PRODUCT CODE: 1392341
PUBLISHER: Value Market Research | PRODUCT CODE: 1392341
The global demand for Ophthalmic Viscosurgical Devices Market is presumed to reach the market size of nearly USD 791.76 BN by 2030 from USD 500.85 BN in 2022 with a CAGR of 5.22% under the study period 2023 - 2030.
Ophthalmic viscosurgical devices (OVDs) are also known as viscoelastic agents. OVDs are used as a surgical aid in different ophthalmic surgeries, including glaucoma surgery, cataract surgery, and retinal surgery, among others, to guard the delicate ocular structure and maintain space in the anterior chamber of an eye, allowing for speedier and safer surgery. Ophthalmic viscosurgical devices are unique in that they have both fluid and solid properties.
The growing awareness about ocular diseases and the increasing number of eye health awareness programs are projected to cushion the growth of the ophthalmic viscosurgical devices market. The growth in geriatric population, the rising disposable income and changing lifestyles also propel the market's growth within the forecasted period. Furthermore, the growing demand for novel ophthalmic viscosurgical devices has been fueled by technological advancements in ophthalmic surgical equipment. In addition, government and non-government eye screening programmes and schemes that provide funding for ocular procedures are projected to boost market growth. However, the availability of alternative procedures may restrict market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of ophthalmic viscosurgical devices. The growth and trends of ophthalmic viscosurgical devices industry provide a holistic approach to this study.
This section of the ophthalmic viscosurgical devices market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Ophthalmic Viscosurgical Devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the ophthalmic viscosurgical devices market include Alcon, Amring Pharmaceuticals, Bausch & Lomb Incorporated, Bohus Biotech AB, Carl Zeiss Meditec AG, CIMA Technology Inc, Johnson & Johnson Surgical Vision, Inc., Maxigen Biotech Inc., Precision Lens, and Rayner Intraocular Lenses Ltd. among others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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