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Global Ophthalmic Viscoelastic Devices Market Growth Prospects, Future Industry Landscape 2032 | Altacor, Bausch Health Companies Inc., Bohus Biotech Ab, Carl Zeiss Meditec Ag, Cima Technology Inc
Ophthalmic Viscoelastic Devices Global Market
The Business Research Company's Ophthalmic Viscoelastic Devices Global Market Report 2023 identifies the surge in the prevalence of cataracts and glaucoma is expected to propel the growth of the ophthalmic viscoelastic devices market going forward. A cataract refers to clouding in the eyes with decrease in vision. Glaucoma is a group of eye conditions that damage the optic nerve, often due to increased pressure inside the eye. It can result in vision loss and blindness if left untreated. An ophthalmic viscoelastic device (OVD) is a gel-like substance that is used during eye surgeries, including cataract surgery and certain glaucoma procedures.
The global ophthalmic viscoelastic devices market size is expected to grow from $2.50 billion in 2022 to $2.61 billion in 2023 at a compound annual growth rate (CAGR) of 4.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ophthalmic viscoelastic devices market size is expected to reach $3.05 billion in 2027 at a CAGR of 4.0%.
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Major players in the ophthalmic viscoelastic devices market are Altacor, Bausch Health Companies Inc., Bohus Biotech Ab, Carl Zeiss Meditec Ag, Cima Technology Inc., Eikon Medical Inc., Haohai Biological Technology Co. Ltd., Johnson & Johnson Pvt. Ltd., Novartis International AG, Rumex International Corporation, Rayner Intraocular Lenses Limited, Aurolab, Ophtechnics Unlimited, Truviz Ophthalmic, and Beye LLC.
A key trend in the Ophthalmic Viscoelastic Devices market includes the Product innovations are a key trend gaining popularity in the ophthalmic viscoelastic devices market. Companies operating in the ophthalmic viscoelastic devices market are adopting new technologies to sustain their position in the market.
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The Ophthalmic Viscoelastic Devices market is segmented -
1) By Product Type: Cohesive Ophthalmic Viscoelastic, Dispersive Ophthalmic Viscoelastic
2) By Application: Cataract Surgery, Glaucoma Surgery, Corneal Transplant, Vitreoretinal Surgery
3) By End User: Hospital, Ophthalmology Clinics, Other End-Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Ophthalmic Viscoelastic Devices market.
The Business Research Company's "Global Ophthalmic Viscoelastic Devices Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Ophthalmic Viscoelastic Devices Market Include:
1. Executive Summary
2. Ophthalmic Viscoelastic Devices Market Characteristics
3. Ophthalmic Viscoelastic Devices Market Trends And Strategies
4. Ophthalmic Viscoelastic Devices Market - Macro Economic Scenario
5. Ophthalmic Viscoelastic Devices Market Size And Growth
……
27. Ophthalmic Viscoelastic Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ophthalmic Viscoelastic Devices Market
29. Ophthalmic Viscoelastic Devices Market Future Outlook and Potential Analysis
30. Appendix
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