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Ophthalmic Viscoelastic Devices Market 2027 Leading Players | Bausch & Lomb, Carl Zeiss AG, Rayner Co, Lifecore Biomedical LLC and More

03-19-2018 10:05 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Ophthalmic Viscoelastic Devices Market 2027 Leading Players |

The ophthalmic viscoelastic devices (OVDs) are the viscoelastic solution used during eye surgery for intent to coat and protect delicate intraocular tissues. This new technique is used in cataract, glaucoma, corneal, and vitreoretinal surgeries. The major driving factor for the market are increasing number of cataract and glaucoma surgeries, favourable reimbursement policies and developments in OVDs. Rising geriatric population, and increasing diabetic population has also contributed in the growth of the market. Whereas, lack of general awareness among people about eye disorders has restrained the growth of market.

The Global Ophthalmic Viscoelastic devices (OVD) Market is expected to reach $ 1,203.26 million by the end of 2027, this market is projected to growing at a CAGR of ~ 11.6 % during 2017-2027.

Rising number of ophthalmic surgeries is the main driver for the global ophthalmic viscoelastic devices market. The global ophthalmic viscoelastic devices market is majorly segmented on the basis of type, application, end user and regions. The global ophthalmic viscoelastic devices market on the type, is segmented into cohesive OVDs, dispersive OVDs and others. Being costlier than dispersive OVDs, Cohesive OVDs segment accounts the largest market share of the global ophthalmic viscoelastic devices market by type.

Key player:

Key players profiled in the report are
Johnson & Johnson,
Alcon Laboratories Inc.,
Bausch & Lomb,
Carl Zeiss AG,
Rayner Company,
Bohus BioTech AB,
Lifecore Biomedical LLC

Get a Sample Copy of This Report @ https://www.marketresearchfuture.com/sample_request/1396 .

Segmentation:

The global ophthalmic viscoelastic devices (OVD) market is segmented on the basis of types, application and end users. Based on types, the market has been segmented as cohesive ophthalmic viscoelastic devices (OVD) and dispersive ophthalmic viscoelastic devices (OVD). Based on the application, the market has been segmented as cataract surgery, glaucoma surgery, corneal transplantation and vitreoretinal surgery. Based on the end users, the market has been segmented as ophthalmic clinics & phaco centers, hospitals and academic & research institutes.

Regional analysis:

In the Americas region, North America commands the largest market share in 2016 at 74.35% in 2016 while South America is expected to be the fastest growing segment with the CAGR of 11.6% during the forecasted period. US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. The faster market uptake of new technology in the US is also an important driver of the market for global ophthalmic viscoelastic devices (OVD). Europe is the second largest market due to large disposable income and rising awareness.

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Asia Pacific region is expected to have the most potential and it is estimated to be led by China and India. Asia pacific region is expected to be the fastest growing segment with the CAGR of 12.0%during the forecasted period. The Middle East & Africa market is led by the gulf nations particularly Saudi Arabia and UAE. The poor regions of Africa are expected to be a laggard due to poor economic and political conditions and poor healthcare penetration.

…Continued

About US:

Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Email: sales@marketresearchfuture.com

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