Ophthalmic Viscoelastic Devices (OVD) Market Size, Share, Growth, Trends, and Forecast by 2031

MARKET INTRODUCTION

Ophthalmic viscoelastic devices (OVDs) are a standard tool used in ophthalmic surgeries. Over the period, OVDs had acquired a lot of attention owing to their properties and advantages. Ophthalmology is a branch of medicine and surgery that deals with the diagnosis and treatment of eye disorders. OVD has a high impact on ophthalmic surgeries, especially cataract surgeries and other intraocular lens implantation. Many studies had proven that the use of OVD had increased the success rate of the surgeries.

MARKET DYNAMICS

The ophthalmic viscoelastic devices (OVD) market is driving due to an increasing number of cataract and glaucoma surgeries across the globe, developments in OVDs and favorable reimbursement policies. However, general awareness and availability of alternative therapy has restrained the growth of the market. Moreover, increasing prevalence of cataract and glaucoma surgeries, advances in the ophthalmic viscoelastic devices, and the increasing diabetic population are some of the major factors responsible for market growth.

MARKET SCOPE

The "Ophthalmic Viscoelastic Devices (OVD) Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of ophthalmic viscoelastic devices (OVD) market with detailed market segmentation by of product, and end user. The ophthalmic viscoelastic devices (OVD) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in ophthalmic viscoelastic devices (OVD) market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The ophthalmic viscoelastic devices (OVD) market is segmented on the basis of product and end user. Based on product, the market is segmented as cataract surgery, glaucoma surgery, corneal transplant and vitreoretinal surgery. On the basis of end user, the market is categorized as hospitals, ophthalmic clinics and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the ophthalmic viscoelastic devices (OVD) market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The ophthalmic viscoelastic devices (OVD) market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting ophthalmic viscoelastic devices (OVD) market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the ophthalmic viscoelastic devices (OVD) market in these regions.

MARKET PLAYERS

The report covers key developments in the ophthalmic viscoelastic devices (OVD) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from ophthalmic viscoelastic devices (OVD) market are anticipated to have lucrative growth opportunities in the future with the rising demand for ophthalmic viscoelastic devices (OVD) in the global market. Below mentioned is the list of few companies engaged in the ophthalmic viscoelastic devices (OVD) market.

The report also includes the profiles of key players in ophthalmic viscoelastic devices (OVD) market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Altacor
  
•   Bausch Health Companies Inc.
  
•   Bohus Biotech Ab
  
•   Carl Zeiss Meditec Ag
  
•   Cima Technology Inc.
  
•   Eyekon Medical Inc.
  
•   Haohai Biological Technology
  
•   Johnson & Johnson
  
•   Novartis International AG (Alcon Inc.)
  
•   Rumex International Corporation
  
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Ophthalmic Viscoelastic Devices (OVD) Report Scope