Reports

Ophthalmic Viscoelastic Devices (OVD) Market

Global Ophthalmic Viscoelastic Devices (OVD) Market Size: By Product: Cohesive Ophthalmic Viscoelastic, Dispersive Ophthalmic Viscoelastic; By Application: Cataract Surgery, Glaucoma Surgery, Corneal Transplant, Vitreoretinal Surgery; By End Use: Hospitals, Ophthalmic Clinics, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Ophthalmic Viscoelastic Devices (OVD) Market Outlook

The global ophthalmic viscoelastic devices (OVD) industry was valued at USD 2,735.67 million in 2023 and is expected to grow at a CAGR of 4.1% during the forecast period of 2024-2032.

 

Ophthalmic Viscoelastic Devices (OVD) Market

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The global ophthalmic viscoelastic device (OVD) market is being driven by initiatives undertaken by governments that aim at setting guidelines for controlling the rising vision impairment.

 

Market Segmentation

Ophthalmic viscoelastic devices (OVD) are used in eye surgeries such as cataract surgery and glaucoma surgery to protect the sensitive eye structures along with generating stress in the anterior chamber and compartmentalizing the inside of an eye. Its application sectors include cataract surgery, glaucoma surgery, corneal transplant, and vitreoretinal surgery. The end-users of the product are:

 

Ophthalmic Viscoelastic Devices (OVD) Market By Segments

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  • Hospitals
  • Ophthalmic Clinics 
  • Others

The ophthalmic viscoelastic device (OVD) market can be further bifurcated based on product type into:

  • Cohesive Ophthalmic Viscoelastic
  • Dispersive Ophthalmic Viscoelastic

The EMR report looks into the regional markets of ophthalmic viscoelastic devices like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Market Analysis

The global ophthalmic viscoelastic devices (OVD) industry is being aided by factors like increasing government initiatives that aim at establishing rules to control the rising vision impairment by compelling producers to introduce new ophthalmic equipment in the market. Increasing cataract and glaucoma prevalence, rising number of eye surgeries, and the growing geriatric population are the other factors contributing to the growth of the global ophthalmic viscoelastic devices (OVD) industry. The high cost for ophthalmic surgery might hinder the growth of the global market.

 

Ophthalmic Viscoelastic Devices (OVD) Market By Region

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global ophthalmic viscoelastic devices (OVD) industry, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Bausch & Lomb, Inc.
  • Altacor Ltd.
  • Carl Zeiss Meditec AG
  • Rumex International Co.
  • Eyekon Medical Inc
  • Bohus Biotech AB
  • Shanghai Haohai Biological Technology Co., Ltd.
  • Alcon Vision LLC
  • Others

The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.

 

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Applications, End Use, Region
Breakup by Product Cohesive Ophthalmic Viscoelastic, Dispersive Ophthalmic Viscoelastic
Breakup by Applications Cataract Surgery, Glaucoma Surgery, Corneal Transplant, Vitreoretinal Surgery
Breakup by End Use Hospitals, Ophthalmic Clinics, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Bausch & Lomb, Inc., Altacor Ltd., Carl Zeiss Meditec AG, Rumex International Co., Eyekon Medical Inc., Bohus Biotech AB, Shanghai Haohai Biological Technology Co., Ltd., Alcon Vision LLC, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Ophthalmic Viscoelastic Devices (OVD) Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Ophthalmic Viscoelastic Devices (OVD) Historical Market (2018-2023) 
    8.3    Global Ophthalmic Viscoelastic Devices (OVD) Market Forecast (2024-2032)
    8.4    Global Ophthalmic Viscoelastic Devices (OVD) Market by Product
        8.4.1    Cohesive Ophthalmic Viscoelastic
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Dispersive Ophthalmic Viscoelastic
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Ophthalmic Viscoelastic Devices (OVD) Market by Application
        8.5.1    Cataract Surgery
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Glaucoma Surgery
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Corneal Transplant
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Vitreoretinal Surgery
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
    8.6    Global Ophthalmic Viscoelastic Devices (OVD) Market by End Use
        8.6.1    Hospitals
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Ophthalmic Clinics
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Others   
    8.7    Global Ophthalmic Viscoelastic Devices (OVD) Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Ophthalmic  Viscoelastic Devices (OVD) Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Ophthalmic Viscoelastic Devices (OVD) Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Ophthalmic Viscoelastic Devices (OVD) Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Ophthalmic Viscoelastic Devices (OVD) Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Ophthalmic Viscoelastic Devices (OVD) Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
17    Competitive Landscape

    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Bausch & Lomb, Inc.
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Altacor Ltd.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Carl Zeiss Meditec AG
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Rumex International Co.
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Eyekon Medical Inc
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications    
        17.2.6    Bohus Biotech AB
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    Shanghai Haohai Biological Technology Co., Ltd.
            17.2.7.1    Company Overview
            17.2.7.2    Product Portfolio
            17.2.7.3    Demographic Reach and Achievements
            17.2.7.4    Certifications
        17.2.8    Alcon Vision LLC
            17.2.8.1    Company Overview
            17.2.8.2    Product Portfolio
            17.2.8.3    Demographic Reach and Achievements
            17.2.8.4    Certifications    
        17.3.9    Others
18    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Ophthalmic Viscoelastic Devices (OVD) Market: Key Industry Highlights, 2018 and 2032
2.    Global Ophthalmic Viscoelastic Devices (OVD) Historical Market: Breakup by Product (USD Million), 2018-2023
3.    Global Ophthalmic Viscoelastic Devices (OVD) Market Forecast: Breakup by Product (USD Million), 2024-2032
4.    Global Ophthalmic Viscoelastic Devices (OVD) Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Ophthalmic Viscoelastic Devices (OVD) Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Ophthalmic Viscoelastic Devices (OVD) Historical Market: Breakup by End Use (USD Million), 2018-2023
7.    Global Ophthalmic Viscoelastic Devices (OVD) Market Forecast: Breakup by End Use (USD Million), 2024-2032
8.    Global Ophthalmic Viscoelastic Devices (OVD) Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Ophthalmic Viscoelastic Devices (OVD) Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Ophthalmic Viscoelastic Devices (OVD) Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Ophthalmic Viscoelastic Devices (OVD) Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Ophthalmic Viscoelastic Devices (OVD) Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Ophthalmic Viscoelastic Devices (OVD) Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Ophthalmic Viscoelastic Devices (OVD) Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Ophthalmic Viscoelastic Devices (OVD) Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Ophthalmic Viscoelastic Devices (OVD) Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Ophthalmic Viscoelastic Devices (OVD) Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Ophthalmic Viscoelastic Devices (OVD) Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Ophthalmic Viscoelastic Devices (OVD) Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Ophthalmic Viscoelastic Devices (OVD) Market Structure

Key Questions Answered in the Report

In 2023, the global ophthalmic viscoelastic devices market attained a value of nearly USD 2,735.67 million.

The market is projected to grow at a CAGR of 4.1% between 2024 and 2032.

The major drivers of the market include rising urbanisation, Increasing cataract and glaucoma prevalence, rising number of eye surgeries, and the growing geriatric population.

Increasing initiatives undertaken by governments that aim at setting guidelines for controlling the rising vision impairment are the key industry trends propelling the growth of the market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Cohesive ophthalmic viscoelastic and dispersive ophthalmic viscoelastic are the two product types.

The leading application sectors include cataract surgery, glaucoma surgery, corneal transplant, and vitreoretinal surgery.

The end use sectors include hospitals and ophthalmic clinics, among others.

The major players in the industry are Bausch & Lomb, Inc., Altacor Ltd., Carl Zeiss Meditec AG, Rumex International Co., Eyekon Medical Inc., Bohus Biotech AB, Shanghai Haohai Biological Technology Co., Ltd., Alcon Vision LLC, Others.

Analyst Review

The global ophthalmic viscoelastic devices market attained a value of USD 2,735.67 million in 2023, driven by the initiatives undertaken by governments that aim at setting guidelines for controlling the rising vision impairment. Aided by increasing cataract and glaucoma prevalence, rising number of eye surgeries, and the growing geriatric population, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4.1%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the ophthalmic viscoelastic devices industry can be segmented into cohesive ophthalmic viscoelastic and dispersive ophthalmic viscoelastic. The leading application sectors include cataract surgery, glaucoma surgery, corneal transplant, and vitreoretinal surgery. The end use sectors include hospitals and ophthalmic clinics, among others. The major regional markets for ophthalmic viscoelastic devices are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Bausch & Lomb, Inc., Altacor Ltd., Carl Zeiss Meditec AG, Rumex International Co., Eyekon Medical Inc., Bohus Biotech AB, Shanghai Haohai Biological Technology Co., Ltd., Alcon Vision LLC, Others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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