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Ophthalmic Viscosurgical Devices Market worth $1,171.29 million by 2030, growing at a CAGR of 8.81% - Exclusive Report by 360iResearch
Ophthalmic Viscosurgical Devices Market | 360iResearch
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Ophthalmic Viscosurgical Devices (OVDs) are essential in ocular surgeries, including cataract extraction, corneal transplantation, glaucoma procedures, and vitreoretinal surgeries, as they protect delicate eye structures, maintain space, and facilitate surgical manipulation. Composed of viscoelastic substances such as hyaluronic acid, chondroitin sulfate, and hydroxypropyl methylcellulose, OVDs are crucial for maintaining the anterior chamber's space, protecting corneal endothelium, enhancing surgical visibility, and easing surgical maneuvers. The primary end-users include hospitals, ophthalmic clinics, and ambulatory surgical centers. Key factors driving market growth include an aging population, technological advancements in OVD formulations, and increasing awareness about eye health and advanced surgical options. Emerging markets in Asia-Pacific and Latin America offer potential opportunities due to expanding healthcare infrastructure and access to advanced eye care. Additionally, product innovations in OVDs with enhanced viscoelastic properties and multifunctional capabilities, along with a growing preference for minimally invasive surgeries, create further growth opportunities. Recommendations for capitalizing on these opportunities include investing in R&D for next-generation OVDs, expanding distribution networks in emerging markets, and collaborating with healthcare providers for training and awareness programs. Challenges in the market include the high cost of advanced OVDs, stringent regulatory requirements, and a competitive market landscape, which could impact new entrants' market share. Areas for innovation and research encompass developing biodegradable OVDs that degrade post-surgery, creating combination products with dual functions, and innovating sustained-release formulations for prolonged therapeutic effects. The dynamic market for OVDs requires companies to focus on innovation, strategic expansion, and collaboration to successfully navigate the evolving landscape and meet the growing demand for ophthalmic surgeries.
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Market Segmentation & Coverage:
This research report categorizes the Ophthalmic Viscosurgical Devices Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Cohesive, Combined, and Dispersive.
Based on Application, market is studied across Cataract Surgery, Glaucoma Surgery, and Keratoplasty.
Based on End User, market is studied across Ambulatory Surgical Center, Eye Specialty Clinics, and Hospitals.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Ophthalmic Viscosurgical Devices Market, highlighting leading vendors and their innovative profiles. These include Advanced BioMatrix, Advin Health Care, ALBOMED GmbH, Alcon Inc., Amring Pharmaceuticals Inc., Bausch & Lomb Incorporated, Beaver-Visitec International, Inc., Bloomage Biotechnology Corporation Limited, Bohus BioTech AB, Carl Zeiss AG, CIMA Technology, Inc., Contipro a.s., Fidia Farmaceutici S.p.A., Henan Universe Intraocular Lens Research and Manufacture Co., Ltd., Ildong Hyaltech Co., Ltd., Johnson & Johnson Services, Inc., Kewpie Corporation, LG Chem Life Sciences, Lifecore Biomedical, Inc., Maxigen Biotech Inc., Ophtechnics Unlimited, Precision Lens, Rayner Group, SERVImed Industrial S.p.A., and Truviz Ophthalmic.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Ophthalmic Viscosurgical Devices Market, by Product
7. Ophthalmic Viscosurgical Devices Market, by Application
8. Ophthalmic Viscosurgical Devices Market, by End User
9. Americas Ophthalmic Viscosurgical Devices Market
10. Asia-Pacific Ophthalmic Viscosurgical Devices Market
11. Europe, Middle East & Africa Ophthalmic Viscosurgical Devices Market
12. Competitive Landscape
13. Competitive Portfolio
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360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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