Ophthalmic viscosurgical devices are used in a variety of ocular surgeries to protect the delicate ocular structure and maintain space in the anterior chamber, allowing for a faster and safer procedure. Sodium hyaluronate, chondroitin sulphate, and hydroxypropyl methylcellulose make up these devices. These ophthalmic viscosurgical devices are commonly used as surgical aids for cataract, glaucoma, and vitrectomy surgeries because they help maintain the anterior chamber during the surgical manoeuvre.
Data Bridge Market Research analyses that the ophthalmic viscosurgical devices market is expected to grow at a CAGR of 8.85% during the forecast period. The “cataract surgery” accounts for the largest application segment in the ophthalmic viscosurgical devices market within the forecasted period.
Some of the major players operating in the ophthalmic viscosurgical devices market are Bausch & Lomb Incorporated, Zeiss International, Johnson & Johnson Private Limited, Rayner Intraocular Lenses Limited, Bohus Biotech AB, NIDEK CO., LTD., Novartis AG, Ellex Medical Lasers Ltd., Ziemer Ophthalmic Systems, HOYA Corporation, Lumenis, STAAR SURGICAL, IRIDEX Corporation, TOPCON CORPORATION, Takagi Ophthalmic Instruments Europe LTD., ACB MOLTENO, Medical Technical Products, BVI, Amring pharmaceutical Inc., Truviz Ophthalmic, Alcon, Abbott, Precision Lens, and Medtronic among others.
Ophthalmic Viscosurgical Devices Market Dynamics
- Increasing Number Of Targeted Patient Pools
The increasing prevalence of diabetes, and an increasing number of cataract and glaucoma surgeries performed are expected to accelerate the overall growth of the market. The ophthalmic viscosurgical devices help in maintaining the anterior chamber during the surgical maneuver and are widely used as surgical aid for performing cataract, glaucoma, and vitrectomy surgeries.
The growing awareness about ocular diseases and growing number of eye health awareness programs are projected to cushion the growth of the market. Moreover, the increasing geriatric population coupled with the rising disposable income, and changing lifestyle also cushions the market’s growth within the forecasted period.
Furthermore, the various technological advancements, preference about minimally invasive or noninvasive, coupled with novel products extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Moreover, the improved quality of devices will further expand the ophthalmic viscosurgical devices market’s growth rate in the future.
For more information on market analysis, see the research report summary on: https://www.databridgemarketresearch.com/reports/global-ophthalmic-viscosurgical-devices-market
The ophthalmic viscosurgical devices market is segmented on the basis of type, source, application and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
On the basis of type, the ophthalmic viscosurgical devices market is segmented into dispersive, cohesive and combined.
On the basis of source, the ophthalmic viscosurgical devices market is segmented into animal, biological and semi-synthetic.
- Cataract Surgery
- Vitreoretinal Surgery
- Refractive Surgery
On the basis of application, the ophthalmic viscosurgical devices market is segmented into cataract surgery, vitreoretinal surgery, refractive surgery and keratoplasty. The cataract surgery dominates the application segment within the market.
- Diagnostic Centers
- Eye Specialty Clinics
On the basis of level of end use, the ophthalmic viscosurgical devices market is segmented into hospitals, diagnostic centers, eye specialty clinics and others.
Ophthalmic Viscosurgical Devices Market Regional Analysis/Insights
The ophthalmic viscosurgical devices market is analyzed and market size insights and trends are provided by country, type, source, application and end use as referenced above. The countries covered in the ophthalmic viscosurgical devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the ophthalmic viscosurgical devices market because of the high prevalence of geriatric population, improved access to ophthalmic care facilities and well-established healthcare infrastructure within the region. Asia-Pacific, on the other hand, is expected to witness significant growth during the forecast period of 2022 to 2029 due to the focus of various established market players to expand their presence owing to germinating diabetic population in this particular region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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