openPR Logo
Press release

Ophthalmic Viscosurgical Devices Market : Industry Analysis & Outlook 2017 - 2025

03-08-2018 06:41 AM CET | Health & Medicine

Press release from: TMR Research

Ophthalmic Viscosurgical Devices Market : Industry Analysis &

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 growing geriatric population worldwide is one of the key factors fueling the growth of this market as ocular conditions such as high myopia, diabetic retinopathy, and cataracts are more common in aged people. The growing awareness brought about by campaigns as an effort from various NGOs will fuel the growth of the global ophthalmic viscosurgical market. People are becoming more aware about the seriousness of ocular disorders by such awareness programs and campaigns. On the other hand, the market’s growth is hampered by the lack of awareness among people regarding visual health.

Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1415

The industry players are adopting strategies such as new product launches and strategic partnerships, collaborations, and mergers and acquisitions to gain more market shares. The competitiveness among players is increasing and this is driving them to come up with new developments so as to compete with each other on the basis of new product, better quality, and optimal pricing. Brand loyalty is playing a considerable role within the ophthalmic viscosurgical market.

Global Ophthalmic Viscosurgical Devices Market: Overview

Ophthalmic viscosurgical devices (OVD) are being used for treating cataracts with minimal disturbance to the structure of the eye. These agents or solutions contain chemicals such as hydroxypropyl methylcellulose, chondroitin sulfate, and sodium hyaluronate. The demand for ophthalmic viscosurgical devices is expected to rise in the coming years as they have considerably reduced the occurrence of corneal edema, which used to be a complication of phaco surgery.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1415

Global Ophthalmic Viscosurgical Devices Market: Key Trends

The overall rise in the number of cataract operations across the globe is the key growth driver for the ophthalmic viscosurgical devices market. The report indicates that the demand for dispersive ophthalmic viscosurgical devices will exceed other products in the overall market in the coming years. Medium-viscosity dispersive OVDs are expected gain an accelerated momentum in the near future as they will be used in a rising number of cataract surgeries owing to their rheological properties.

The National Alliance for Eye and Vision Research & National Eye Institute states that over 0.2 million individuals across the U.S. are diagnosed with advanced AMD every year. The institute predicts that the number will double by the end of 2020. Thus, the growing number of ocular and ophthalmic conditions across the globe are expected to fuel the growth of the global ophthalmic viscosurgical devices market in the coming years. Additionally, the high prevalence of diabetes, lifestyle changes, and increasing expenditure on healthcare are also projected to favor market’s growth.

Read Comprehensive Overview of Report@ https://www.tmrresearch.com/ophthalmic-viscosurgical-devices-market

Global Ophthalmic Viscosurgical Devices Market: Market Potential

The global ophthalmic viscosurgical devices market has a tremendous scope. Besides being used for treating glaucoma and cataracts, ophthalmic viscosurgical devices are being proposed to be used for performing iris implant surgeries. However, product recalls are projected to hamper market’s growth. For instance, a few years ago, Bausch & Lomb recalled about 27 gauge sterile cannula packed in Amvisc Plus and Amvisc and Ophthalmic Viscosurgical Devices (OVD) to prevent any injury to the patient. Despite product innovation and strong marketing strategies, such setbacks can restrain the global market in the near future. However, the persistently rising number of eye-related problems are likely to present lucrative opportunities as well.

Global Ophthalmic Viscosurgical Devices Market: Regional Outlook

The global ophthalmic viscosurgical devices Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Presently, North America is leading the global market with U.S. showing a steady demand for ophthalmic viscosurgical devices. Analysts expect that the region will maintain its stance in the coming years due to the high prevalence of cataracts, glaucoma, and diabetic retinopathy. The high incidence of diabetes in the region due to improved diagnostics are expected to have a positive impact on the regional market. Furthermore, supportive reimbursement structure and access to better healthcare are projected to propel the regional market in the coming years.

Europe is expected to follow suit due to a rising pool of geriatrics, who are prone to age-related ocular problems such as cataracts. Furthermore, growing awareness about regular checkups is also expected to boost the regional market in the near future. Meanwhile, Asia Pacific is also expected to show a reasonable growth rate in the coming years due to the high incidence of diabetes in the region that has a high possibility of leading to eye-related complications.

Key Players Mentioned in the Report are:

The key players in the global ophthalmic viscosurgical devices market are Hyaltech, CIMA Technology, Rayner, and Precision Lens. The report has identified Alcon, Carl-Zeiss, Abbott Medical Optics, and Bausch & Lomb as the leading players in the global market. These players are continuously involved in developing new and improved products. Impactful marketing strategies and product innovation are expected to be the important focal points of these players in the global ophthalmic viscosurgical devices market.

About Us

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Ophthalmic Viscosurgical Devices Market : Industry Analysis & Outlook 2017 - 2025 here

News-ID: 969111 • Views: 125

More Releases from TMR Research

Neuroscience Market Current Trends and Future Aspect Analysis 2018 - 2028
Advances in neuroscience research pivot on relentless urge of researchers to understand relationships between neural structures, function, and behaviour. Over the past few decades, a wide slew of neuroimaging technologies have come to the fore, expanding the horizon of the neuroscience market. In conjunction with a growing body of animal models and in vitro studies, human neuroimaging studies have been key enabler for neuroscience research. Neuroscientists have leveraged wide spectrum
Marula Oil Market | Metiista, AFRICAN BOTANICS, Lonza Group, Natural Sourcing, L …
Known to be highly beneficial for skin, the marula oil market will see demand for products based on the oil over the forecast period of 2018-2028. Some of the major brands in the skin care segment are extremely focused on using the oil as a mollifying agent. Besides, the fact that the oil is showing great results in term of cell renewal in skin is also greatly contributing to the
Lecithin Market 2028 | AMERICAN LECITHIN COMPANY, Swanson Health Products, NOW F …
Lecithin has shown great outcomes in terms providing medicinal benefits to patients, especially of cancer and dementia, thereby, creating a healthy demand for itself in the global market. And, as these, with a wide variety of chronic diseases see a massive increase in terms of incidence; the demand will only see an upward rise between 2018 and 2028. And, it is pertinent to note here that plagued with high costs
Annatto Market | Demand for Extravagant Cosmetic Products Boosts the Growth
The demand for food colors has grown significantly in recent years. This demand is expected to boost the growth of global annatto market from 2019 to 2029. Moreover, the growth of the market is also attributed to growth in the demand for packaged food products across the globe. However, the growing health concerns may limit this growth but, the hectic life schedule is projected to stimulate the consumers to incorporate

All 5 Releases


More Releases for 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,
Global Ophthalmic Devices Market Size And Segments
The Business Research Company’s global ophthalmic devices market report, covers the year-on-year growth of the global Ophthalmic Devices market historic and forecast growth. It also includes chapters on the ophthalmic devices market trends, ophthalmic devices market size, ophthalmic devices market geographical analysis, ophthalmic devices market driver and restraints, and ophthalmic devices market leading competitors’ revenues, profiles and market shares. Order The Global Ophthalmic Devices Market Report At: https://www.thebusinessresearchcompany.com/report/ophthalmic-devices-global-market-report Global Ophthalmic Devices Market Segments The
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