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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.
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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.
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:
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The ophthalmic viscoelastic device (OVD) market can be further bifurcated based on product type into:
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.
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.
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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:
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 | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by Applications |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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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
17.2.9 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
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.
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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