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Opthalmic Viscoelastic Device (OVD) Trends and Forecast
The future of the global opthalmic viscoelastic device (OVD) market looks promising with opportunities in the cataract surgery, glaucoma surgery, corneal transplant, and vitreoretinal surgery applications. The global opthalmic viscoelastic device (OVD) market is expected to reach an estimated $3.7 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are growing prevalence of cataract and glaucoma and rising number of eye surgeries performed.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Opthalmic Viscoelastic Device (OVD) by Segment
The study includes a forecast for the global opthalmic viscoelastic device (OVD) by product, application, end use, and region.
Opthalmic Viscoelastic Device (OVD) Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Cohesive Ophthalmic Viscoelastic
• Dispersive Ophthalmic Viscoelastic
Opthalmic Viscoelastic Device (OVD) Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Cataract Surgery
• Glaucoma Surgery
• Corneal Transplant
• Vitreoretinal Surgery
Opthalmic Viscoelastic Device (OVD) Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Ophthalmic Clinics
• Others
Opthalmic Viscoelastic Device (OVD) Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Opthalmic Viscoelastic Device (OVD) Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies opthalmic viscoelastic device (OVD) companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the opthalmic viscoelastic device (OVD) companies profiled in this report include-
• Bausch Health
• Eyekon Medical
• Bohus Biotech
• Carl Zeiss Meditec
• Cima Technology
Opthalmic Viscoelastic Device (OVD) Market Insights
Lucintel forecasts that cohesive ophthalmic viscoelastic will remain the larger segment over the forecast period due to its various advantages, such as longer shelf life, better performance, and have variety of application.
Within this market, cataract surgery is expected to witness the highest growth over the forecast period.
APAC is expected to witness highest growth over the forecast period due to growing old age population, increasing patient interest in eye care, and presence of key players in the region.
Features of the Global Opthalmic Viscoelastic Device (OVD) Market
Market Size Estimates: Opthalmic viscoelastic device (OVD) market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Opthalmic viscoelastic device (OVD) market size by product, application, end use, and region in terms of value ($B).
Regional Analysis: Opthalmic viscoelastic device (OVD) market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, end uses, and regions for the opthalmic viscoelastic device (OVD) market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the opthalmic viscoelastic device (OVD) market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the opthalmic viscoelastic device (OVD) market size?
Answer: The global opthalmic viscoelastic device (OVD) market is expected to reach an estimated $3.7 billion by 2030.
Q2. What is the growth forecast for opthalmic viscoelastic device (OVD) market?
Answer: The global opthalmic viscoelastic device (OVD) market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the opthalmic viscoelastic device (OVD) market?
Answer: The major drivers for this market are growing prevalence of cataract and glaucoma and rising number of eye surgeries performed.
Q4. What are the major segments for opthalmic viscoelastic device (OVD) market?
Answer: The future of the opthalmic viscoelastic device (OVD) market looks promising with opportunities in the cataract surgery, glaucoma surgery, corneal transplant, and vitreoretinal surgery applications.
Q5. Who are the key opthalmic viscoelastic device (OVD) market companies?
Answer: Some of the key opthalmic viscoelastic device (OVD) companies are as follows:
• Bausch Health
• Eyekon Medical
• Bohus Biotech
• Carl Zeiss Meditec
• Cima Technology
Q6. Which opthalmic viscoelastic device (OVD) market segment will be the largest in future?
Answer: Lucintel forecasts that cohesive ophthalmic viscoelastic will remain the larger segment over the forecast period due to its various advantages, such as longer shelf life, better performance, and have variety of application.
Q7. In opthalmic viscoelastic device (OVD) market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing old age population, increasing patient interest in eye care, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the opthalmic viscoelastic device (OVD) market by product (cohesive ophthalmic viscoelastic and dispersive ophthalmic viscoelastic), application (cataract surgery, glaucoma surgery, corneal transplant, and vitreoretinal surgery), end use (hospitals, ophthalmic clinics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Opthalmic Viscoelastic Device (Ovd) Market, Opthalmic Viscoelastic Device (Ovd) Market Size, Opthalmic Viscoelastic Device (Ovd) Market Growth, Opthalmic Viscoelastic Device (Ovd) Market Analysis, Opthalmic Viscoelastic Device (Ovd) Market Report, Opthalmic Viscoelastic Device (Ovd) Market Share, Opthalmic Viscoelastic Device (Ovd) Market Trends, Opthalmic Viscoelastic Device (Ovd) Market Forecast, Opthalmic Viscoelastic Device (Ovd) Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Opthalmic Viscoelastic Device (OVD) Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Opthalmic Viscoelastic Device (OVD) Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Opthalmic Viscoelastic Device (OVD) Market by Product
3.3.1: Cohesive Ophthalmic Viscoelastic
3.3.2: Dispersive Ophthalmic Viscoelastic
3.4: Global Opthalmic Viscoelastic Device (OVD) Market by Application
3.4.1: Cataract Surgery
3.4.2: Glaucoma Surgery
3.4.3: Corneal Transplant
3.4.4: Vitreoretinal Surgery
3.5: Global Opthalmic Viscoelastic Device (OVD) Market by End Use
3.5.1: Hospitals
3.5.2: Ophthalmic Clinics
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Opthalmic Viscoelastic Device (OVD) Market by Region
4.2: North American Opthalmic Viscoelastic Device (OVD) Market
4.2.2: North American Opthalmic Viscoelastic Device (OVD) Market by Application: Cataract Surgery, Glaucoma Surgery, Corneal Transplant, and Vitreoretinal Surgery
4.3: European Opthalmic Viscoelastic Device (OVD) Market
4.3.1: European Opthalmic Viscoelastic Device (OVD) Market by Product: Cohesive Ophthalmic Viscoelastic and Dispersive Ophthalmic Viscoelastic
4.3.2: European Opthalmic Viscoelastic Device (OVD) Market by Application: Cataract Surgery, Glaucoma Surgery, Corneal Transplant, and Vitreoretinal Surgery
4.4: APAC Opthalmic Viscoelastic Device (OVD) Market
4.4.1: APAC Opthalmic Viscoelastic Device (OVD) Market by Product: Cohesive Ophthalmic Viscoelastic and Dispersive Ophthalmic Viscoelastic
4.4.2: APAC Opthalmic Viscoelastic Device (OVD) Market by Application: Cataract Surgery, Glaucoma Surgery, Corneal Transplant, and Vitreoretinal Surgery
4.5: ROW Opthalmic Viscoelastic Device (OVD) Market
4.5.1: ROW Opthalmic Viscoelastic Device (OVD) Market by Product: Cohesive Ophthalmic Viscoelastic and Dispersive Ophthalmic Viscoelastic
4.5.2: ROW Opthalmic Viscoelastic Device (OVD) Market by Application: Cataract Surgery, Glaucoma Surgery, Corneal Transplant, and Vitreoretinal Surgery
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Opthalmic Viscoelastic Device (OVD) Market by Product
6.1.2: Growth Opportunities for the Global Opthalmic Viscoelastic Device (OVD) Market by Application
6.1.3: Growth Opportunities for the Global Opthalmic Viscoelastic Device (OVD) Market by End Use
6.1.4: Growth Opportunities for the Global Opthalmic Viscoelastic Device (OVD) Market by Region
6.2: Emerging Trends in the Global Opthalmic Viscoelastic Device (OVD) Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Opthalmic Viscoelastic Device (OVD) Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Opthalmic Viscoelastic Device (OVD) Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Bausch Health
7.2: Eyekon Medical
7.3: Bohus Biotech
7.4: Carl Zeiss Meditec
7.5: Cima Technology
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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