Overview

Ophthalmic Viscoelastic Devices (OVD) Market Introduction

Global Ophthalmic Viscoelastic Devices (OVD) Market is estimated to value over USD 3.4 billion by 2027 end and register a CAGR of over 5% during the forecast period 2020 to 2027.

Ophthalmic viscoelastic devices (OVDs) are mainly used by ophthalmologists to perform various eye surgeries like cataract and glaucoma surgery. These devices help in protecting the fragile ocular structure coupled with proper pressure generation in the anterior chamber. Furthermore, these devices aid in creating precise eye compartmentalization during surgery, which ultimately results in safer and faster surgery. Thus, it helps in swift patient recovery. The ophthalmologists use various types of ophthalmic devices as per their requirement. All these factors aid in the stimulation of the ophthalmic viscoelastic devices (OVDs) market growth.

 Product-wise, the ophthalmic viscoelastic devices (OVD) market is fragmented into dispersive ophthalmic viscoelastic and cohesive ophthalmic viscoelastic. The cohesive ophthalmic viscoelastic segment possessed the biggest ophthalmic viscoelastic devices market share in 2018. Moreover, this segment is predicted to proliferate with the fastest CAGR during the forecast period due to several benefits they provide especially in cataract surgery. For example, cohesive ophthalmic viscoelastic help in maintaining and creating space in the eye’s anterior segment, reduction of deleterious vector forces and capsular bag inflation before the implantation of the lens. Moreover, cohesive ophthalmic viscoelastic is easy to remove from the eye post-surgery which is another major advantage in the ophthalmic viscoelastic devices (OVD) market growth.

Key market players include Altacor, Bausch Health Companies Inc., Bohus Biotech Ab, Carl Zeiss Meditec Ag, Cima Technology Inc., Eyekon Medical Inc., Haohai Biological Technology, Johnson & Johnson, Novartis International AG (Alcon Inc.), Rumex International Corporation. 

Ophthalmic Viscoelastic Devices (OVD) Market Segmentation:

By Product

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

By End User

  • Hospitals
  • Ophthalmic Clinics
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

FutureWise Key Takeaways:

● Growth Prospects

● SWOT Analysis

● Key Trends

● Key data-points affecting market growth

Objectives of the Study:

• To provide with an exhaustive analysis on the ophthalmic viscoelastic devices (OVD) market by product, by end-user and by region 

• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)

• Evaluate and forecast micro-markets and the overall market 

• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America and Middle East & Africa

• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

• Profiling of companies to evaluate their market shares, strategies, financial and core competencies

$3450

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What you get


  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics