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Ophthalmic Viscoelastic Devices Global Market Report 2025: Market Size, Growth Drivers, and Emerging Trends
Surge in Cataract Surgeries and Technological Advancements Propels the Growth of Ophthalmic Viscoelastic Devices MarketWhat Is The Projected Market Size Of The Global Ophthalmic Viscoelastic Devices Global Market Report 2025 And Its Growth Rate?
• The ophthalmic viscoelastic devices market grew from $2.65 billion in 2024 to $2.75 billion in 2025, marking a compound annual growth rate (CAGR) of 3.4%.
• This growth can be attributed to a rise in cataract surgeries, advanced ophthalmic surgery techniques, aging population demographics, increased incidence of eye disorders, and increased patient awareness and access to eye care.
• Beyond 2025, the market is expected to see significant growth, reaching $3.35 billion in 2029, depicting a CAGR of 5.1%.
• Key contributors to this forecasted growth include technological improvements in device design, expanding applications in eye surgery, rising demand for premium intraocular lenses, global efforts in eye health and vision care, and the development of ophthalmology through collaborations and training programs.
What Is Driving The Growth In The Ophthalmic Viscoelastic Devices Global Market Report 2025?
The growth of the ophthalmic viscoelastic devices market is primarily propelled by an increase in the prevalence of cataracts and glaucoma. Cataracts result in clouds forming in the eyes, leading to a decrease in vision, while glaucoma is a group of eye conditions damaging the optic nerve due to increased pressure inside the eye. If untreated, glaucoma can lead to vision loss and blindness. The role of ophthalmic viscoelastic devices becomes critical as they are used during eye surgeries, including cataract surgery and certain glaucoma procedures. As per the BrightFocus Foundation, an estimated 80 million individuals are suffering from glaucoma globally, and the number is projected to reach 111 million by 2040. This surge in the prevalence of cataracts and glaucoma drives the growth of the ophthalmic viscoelastic devices market.
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Who Are the Key Players Driving Ophthalmic Viscoelastic Devices Global Market Report 2025 Growth?
• Altacor Ltd.
• Bausch Health Companies Inc.
• Bohus Biotech Ab
• Carl Zeiss Meditec Ag
• Cima Technology Inc.
• Eyekon 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
• Beye LLC
• Alcon Inc.
• Beaver Visitec Limited
• Neu Micromed International Pvt. Ltd.
• Abbott Medical Optics
• Maxigen Biotech Inc.
• Amring Pharmaceuticals Inc.
• OcuCo Ltd.
• Precision Lens Co. Ltd.
• Croma Pharma GmbH
• Medicontur Medical Engineering Ltd.
• Rhein Medical Inc.
• MicroSurgical Technology
• FCI Ophthalmics Inc.
• Hanita Lenses Ltd.
• HOYA Medical Singapore Pte. Ltd.
What Are The Key Trends In The Ophthalmic Viscoelastic Devices Global Market Report 2025?
• Customized ophthalmic solutions
• Regulatory compliance and quality assurance
• Collaborations and partnerships
• Patient preference for premium products
• Continuous research and development
What Are The Segments Of The Global Ophthalmic Viscoelastic Devices Global Market Report 2025?
• By Product Type: Cohesive Ophthalmic Viscoelastic, Dispersive Ophthalmic Viscoelastic
• By Application: Cataract Surgery, Glaucoma Surgery, Corneal Transplant, Vitreoretinal Surgery
• By End User: Hospital, Ophthalmology Clinics, Other End Users
Which Region Leads The Ophthalmic Viscoelastic Devices Global Market Report 2025?
North America was the leading region in the ophthalmic viscoelastic devices market in 2024. However, the fastest-growing region in the global ophthalmic viscoelastic devices market report during the forecast period is expected to be Asia-Pacific. The report covers vast regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Ophthalmic Viscoelastic Devices Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Ophthalmic Viscoelastic Devices Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Ophthalmic Viscoelastic Devices Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Ophthalmic Viscoelastic Devices Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Ophthalmic Viscoelastic Devices Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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