openPR Logo
Press release

Vitreoretinal Surgery of Ophthalmic Viscosurgical Devices Market to reach USD 150 million by 2024

02-17-2018 11:04 AM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Global Market Insights, Inc.

Global Market Insights, Inc.

Growing occurrence of cataract in the aging population along with high life expectancy will promote ophthalmic viscosurgical devices market development. Aging population, more prone to ocular as well as ophthalmic conditions, is expected to boost the industry trends. According to Global Market Insights, Inc., “Ophthalmic Viscosurgical Devices Market size is estimated to reach USD 790 million by 2024.” High incidence of diabetes and rising awareness about regular eye check-ups will favor the market growth. As per international diabetes federation reports, over 550 million population is predicted to suffer from diabetes by 2030.

Dispersive, Combined, and Cohesive are some of the major products of ophthalmic viscosurgical devices industry. Dispersive ophthalmic viscosurgical devices market revenue estimated at USD 130 million in 2015, is expected to grow at a rate of 12% over the coming timeframe. High demand for medium-viscosity dispersive ophthalmic viscosurgical devices for cataract surgeries, due to its beneficial rheological features, will drive the growth.

Request for a sample of this research report -

Cohesive ophthalmic viscosurgical devices market is expected to witness a significant growth over 2016-2024. It plays a vital role in retaining ophthalmic viscosurgical devices in the frontal chamber during phacoemulsification.

Global increase in the proportion of eye surgeries such as refractive surgery, cataract surgery, keratoplasty, vitreoretinal surgery, and canaloplasty will drive the ophthalmic viscosurgical devices industry growth over the next few years.

Cataract surgery, which accounted for over 49% of the global market share in 2015, is expected to witness a healthy growth over the coming seven years. High occurrence of cataract and rising proportion of cataract surgeries will drive the growth.

Rise in percentage of vitreoretinal surgical operations among the aging population along with introduction of low costs vitreoretinal surgical systems will boost ophthalmic viscosurgical devices industry growth.

Browse key industry insights spread across 120 pages with 54 market data tables & 6 figures & charts from this 2017 report Ophthalmic Viscosurgical Devices Market in detail along with the table of contents at:

Below are the regional highlights of Ophthalmic Viscosurgical Devices Market over 2016-2024:

Europe ophthalmic viscosurgical devices industry, which contributed toward 30% of the total revenue in 2015, will witness a noticeable growth over the next few years. Early diagnosis of eye-related problems/disorders and high demand for intraocular lens is expected to nurture the growth. France, Germany, and UK are the key regional revenue pockets.

Favorable government initiatives promoting cataract surgeries along with free treatment are anticipated to drive Latin America ophthalmic viscosurgical devices market over the coming timeframe. In addition to this, rise in occurrence of diabetic retinopathy, high rate of cataract surgeries, and easy availability of new medicines & devices will foster the industry growth. Argentina is forecast to make significant regional revenue contributions.

Make an inquiry for purchasing this report @

Rise in amount of minimally invasive surgical operations, better healthcare amenities, and beneficial compensation policies are estimated to drive the business growth in North America. U.S. ophthalmic viscosurgical devices market, worth USD 110 million in 2015, is expected to drive the regional growth.

Rising elderly patient population vulnerable to suffer from cataract along with high incidence of myopia, diabetic retinopathy, and age-related optic nerve & retinocortical degeneration will boost APAC ophthalmic viscosurgical devices industry size in the near future. Japan and China are expected to contribute substantially towards the regional share.

Product innovations & strategic alliances are few of the key growth strategies by the market players to increase the geographical presence and retain their market position. Key industry participants include Rayner, Bausch & Lomb, Abbott Medical Optics Inc., Maxigen Biotech Inc., Carl Zeiss Meditec, Alcon, Hyaltech Limited, CIMA Technology Inc., and Precision Lens.

Browse Related Reports:

Diabetic Retinopathy Market Size By Type (Proliferative Diabetic Retinopathy, Non-Proliferative Diabetic Retinopathy), By Management (Anti VEGF Drug, Intra-ocular Steroid Injections, Laser Surgeries, Vitrectomy), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Japan, China, Brazil and South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Vitreoretinal Surgery of Ophthalmic Viscosurgical Devices Market to reach USD 150 million by 2024 here

News-ID: 947205 • Views: 461

More Releases from Global Market Insights, Inc.

Peracetic Acid Market to expand 8.5% CAGR till 2025 | Evonik, Kemira Oyj, Solvay …
According to a research report, Peracetic acid market is likely to surpass $1.2 billion by 2025. While having high reactivity, which allows rapid degradation of the material into harmless byproducts, it is also associated to a number of occupational hazards. If the chemical compound is ingested, inhaled or absorbed through dermal exposure, could cause severe side effects, which also includes death. The peracetic acid is normally sprayed on food packaging,
Powder Coatings Market Size By Resin, Application, Substrate, Share & Forecast 2 …
As per the latest report, Powder Coatings Market size is projected to hit USD 17 billion by the end of 2025 and to grow 7% CAGR over the forecasts timeframe. Some of the trends that will be responsible for the growth of this market are stated underneath. The latest technologies and innovations to produce more user-friendly home appliances for making everyday tasks as easy as possible, will drive the home appliance
Nitrocellulose Market to cross US$1.2 billion by 2025 | Nitro Quimica, Hagedorn, …
Nitrocellulose has become a major component in several ink formulations as its significance emanates from its tremendous solvent release and compatibility with a slew of other additives. With the trend towards the petroleum-based products increasing by leaps and bounds, inclination towards nitrocellulose is likely to surge in the ensuing period. Nitrocellulose Market to cross US$1.2 billion by 2025. Get sample copy of this research report @ Nitrocellulose market is expected to
Refinery Catalyst Market Size, Share, Growth Drivers to 2025 | Shell, ExxonMobil …
Refinery catalysts are offered as alkylation, FCC (fluid catalytic cracking), hydro processing and reforming & isomerization. The alkylation catalyst market share among the others will register a CAGR of over 3% over the projected time period. These catalysts tend to primarily convert all the low-molecular-weight alkenes like the mixture of propane and butene accompanied by isobutane into alkylate. Refinery catalyst market to grow at 4% CAGR over 2019-2025. Get sample copy

All 5 Releases

More Releases for Ophthalmic

Actionable Insights in Global Ophthalmic Equipment Market
According to a new market research report published by Global Market Estimates, the Global Ophthalmic Equipment Market is expected to grow at a CAGR of 3.96% during the forecast period. The demand for ophthalmic equipment is projected to be high due to the growing adoption of ophthalmic devices in hospitals and ambulatory surgical centers. Browse 120 Market Data Tables and 90 Figures spread through 180 Pages and in-depth TOC on "Ophthalmic
Ophthalmic Eye Shield Market Segmentation By Material type Aluminium Ophthalmic …
Eye shields are advised for use in the eye while a periorbital surgery to avoid any injury to the globe. Ophthalmic eye shields are used for postoperative ocular protection. Ophthalmic eye shields protect the cornea and retina while any eye surgery or laser treatment. Ophthalmic eye shields are highly preferred for cataract surgeries in the elder population and blepharitis correction especially for children. According to WHO, The World Health Organization,
Ophthalmic Viscosurgical Devices Market Snapshot During 2025
The global ophthalmic viscosurgical devices market is driven by the growing number of cataract procedures held worldwide. In addition to this, the lack of awareness among people regarding the need for regular eye checkups will also heighten the demand for ophthalmic viscosurgical devices in the future. The tendency to procrastinate eye checkups and thus, delayed detection of eye problems will aggravate the demand for these devices, fueling the market’s growth. The
Ophthalmic Lasers Market - Global Industry Analysis 2025
Ophthalmic lasers are used for treatment of wide range of eye problems. Significant accuracy, low-cost, safe procedure, and convenient ophthalmic tools has increased the demand for ophthalmic lasers. Patients prefer ophthalmic lasers treatment due to pain free procedures and easy availability on an outpatient basis. The main constituents of an ophthalmic laser system include foot pedal, laser console, and laser delivery system. The laser energy is transmitted to the patient’s eye
Ophthalmic Lasers Market- Growth Factors
The global ophthalmic lasers market is fragmented in nature, with top five vendors accounting for a modest 35.0% share in it in 2015. The market is characterized by moderate competition. However, in the foreseeable future, competition in the market is likely to heat up on the back of pharmaceutical companies entering it sensing an opportunity in the rising demand for effective surgical products because of the increasing number of ophthalmic
Excimer and Femtosecond Ophthalmic Lasers Market
Global excimer and femtosecond ophthalmic lasers market will expand at a CAGR of 5% over the forecast period, 2016-2026. The global excimer and femtosecond ophthalmic lasers market is expected to witness stable growth in 2016, reaching a value of US$ 666 Mn in terms of revenues. Excimer laser systems will continue to outsell femtosecond lasers. North America will remain the top market, whereas Asia Pacific (excluding China and Japan) is anticipated