Ophthalmic Viscoelastic devices Market Research Report- Forecast To 2027

Ophthalmic Viscoelastic Devices Market Growth And Trends Analysis By Types (Cohesive Ophthalmic Viscoelastic Devices (Ovds), Dispersive Ophthalmic Viscoelastic Devices (Ovds)) Application (Cataract Surgery, Glaucoma Surgery, Corneal Transplantation, Vitreoretinal Surgery) ,End-User (Ophthalmic Clinics & Phaco Centers, Hospitals, Academic & Research Institutes) - Forecast Till 2027

ID: MRFR/MED/0887-CR | July 2017 | Region: Global | 108 Pages         

1 Report Prologue

2 Introduction

2.1 Scope Of Study

2.2 Research Objective

2.3 Assumptions & Limitations

2.3.1 Assumptions

2.3.2 Limitations

2.4 Market Structure

3 Research Methodology

3.1 Research Process

3.2 Market Size Estimation

3.2.1 Market Share Analysis

3.3 Market Pricing Approach

4 Market Dynamics

4.1 Introduction

4.2 Drivers

4.2.1 Increasing Number Of Cataract And Glaucoma Surgeries

4.2.2 Favourable Reimbursement Policies

4.2.3 Advances In The Ophthalmic Viscoelastic Devices

4.2.4 Increasing Aging Population

4.2.5 Increasing Diabetic Population

4.3 Restraints

4.3.1 Availability Of Alternative Therapy

4.3.2 Lack Of Awareness

4.4 Opportunities

4.4.1 Technological Advances In Ophthalmic Viscoelastic Devices

4.4.2 Development In Phacoemulsification

4.5 Macroeconomic Indicators

5 Market Factor Analysis

5.1 Value Chain Analysis

5.1.1 Introduction

5.1.2 Inputs

5.1.3 Research And Development

5.1.4 Product Development

5.1.5 Manufacturing Process

5.1.6 Marketing And Distribution

5.2 Supply Chain

5.2.1 Introduction

5.3 Porter’s Five Forces Model

5.3.1 Bargaining Power Of Suppliers

5.3.2 Bargaining Power Of Buyers

5.3.3 Threat Of New Entrants

5.3.4 Threat Of Substitutes

5.3.5 Intensity Of Rivalry

5.4 Pricing Analysis

5.5 Investment Opportunity Analysis

6 Global Ophthalmic Viscoelastic Devices (OVDs) Market, Types

6.1 Introduction

6.1.1 Cohesive OVDs

6.1.2 Dispersive OVDs

7 Global Ophthalmic Viscoelastic Devices Market, Application

7.1 Introduction

7.1.1 Cataract Surgery

7.1.2 Glaucoma Surgery

7.1.3 Corneal Transplantation

7.1.4 Vitreoretinal Surgery

8 Global Ophthalmic Viscoelastic Devices Market, End-User

8.1 Introduction

8.1.1 Ophthalmic Clinics & Phaco Centers

8.1.2 Hospitals

8.1.3 Academic & Research Institutes

9 Global Ophthalmic Viscoelastic Devices Market, By Region

9.1 Introduction

9.2 Americas

9.2.1 North America

9.2.1.1 U.S.

9.2.1.2 Canada

9.2.2 South America

9.3 Europe

9.3.1 Western Europe

9.3.1.1 Germany

9.3.1.2 France

9.3.1.3 U.K.

9.3.1.4 Italy

9.3.1.5 Spain

9.3.1.6 Rest Of Western Europe

9.3.2 Eastern Europe

9.4 Asia Pacific

9.4.1 Japan

9.4.2 China

9.4.3 India

9.4.4 Republic Of Korea

9.4.5 Australia

9.4.6 Rest Of Asia-Pacific

9.5 Middle East & Africa

9.5.1 Middle East

9.5.2 Africa

10 Company Landscape

10.1 Company Share Analysis

10.2 Key Developments

11 Company Profiles

11.1 Johnson & Johnson

11.1.1 Company Overview

11.1.2 Product/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.2 Alcon Laboratories, Inc.

11.2.1 Company Overview

11.2.2 Product/Business Segment Overview

11.2.3 Financial Overview

11.2.4 Key Development

11.2.5 SWOT Analysis

11.3 Bausch & Lomb

11.3.1 Company Overview

11.3.2 Product/Business Segment Overview

11.3.3 Financial Overview

11.3.4 Key Developments

11.3.5 SWOT Analysis

11.4 Carl Zeiss AG

11.4.1 Company Overview

11.4.2 Product/Business Segment Overview

11.4.3 Financial Overview

11.4.4 Key Development

11.4.5 SWOT Analysis

11.5 Rayner Company

11.5.1 Company Overview

11.5.2 Product/Business Segment Overview

11.5.3 Key Development

11.5.4 SWOT Analysis

11.6 Bohus BioTech AB

11.6.1 Company Overview

11.6.2 Product/Business Segment Overview

11.6.3 Financial Overview

11.6.4 Key Development

11.6.5 SWOT Analysis

11.7 Lifecore Biomedical, LLC

11.7.1 Company Overview

11.7.2 Product/Business Segment Overview

11.7.3 Key Development

11.7.4 SWOT Analysis

12 Conclusion

12.1 Key Findings

12.1.1 CEO’s Viewpoint

12.1.2 Unmet Needs

12.1.3 Key Companies To Watch

12.1.4 Prediction

13 Appendix

13.1 Discussion Blue Print

13.2 References

14 LIST OF TABLES

TABLE 1 GLOBAL OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, BY TYPES 2020-2027 (USD MILLION) 34

TABLE 2 GLOBAL COHESIVE OVDS MARKET, BY REGION MARKET, BY REGION 2020-2027 (USD MILLION) 34

TABLE 3 GLOBAL DISPERSIVE OVDS MARKET, BY REGION 2020-2027 (USD MILLION) 35

TABLE 4 GLOBAL OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, BY APPLICATION 2020-2027 (USD MILLION) 37

TABLE 5 GLOBAL CATARACT SURGERY MARKET, BY REGION 2020-2027 (USD MILLION) 37

TABLE 6 GLOBAL GLAUCOMA SURGERY MARKET, BY REGION 2020-2027 (USD MILLION) 38

TABLE 7 GLOBAL CORNEAL TRANSPLANTATION MARKET, BY REGION, 2020-2027 (USD MILLION) 38

TABLE 8 GLOBAL VITREORETINAL SURGERY MARKET, BY REGION, 2020-2027 (USD MILLION) 39

TABLE 9 GLOBAL OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, BY REGION, 2020-2027 (USD MILLION) 41

TABLE 10 GLOBAL OPHTHALMIC CLINICS & PHACO CENTERS MARKET, BY REGION, 2020-2027 (USD MILLION) 41

TABLE 11 GLOBAL HOSPITALS MARKET, BY REGION, 2020-2027 (USD MILLION) 42

TABLE 12 GLOBAL ACADEMIC & RESEARCH INSTITUTES (OVD) MARKET, BY REGION, 2020-2027 (USD MILLION) 42

TABLE 13 GLOBAL OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, BY REGION, 2020-2027 (USD MILLION) 44

TABLE 14 AMERICAS OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, BY REGION, 2020-2027 (USD MILLION) 45

TABLE 15 AMERICAS OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPE, 2020-2027 (USD MILLION) 46

TABLE 16 AMERICAS OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 46

TABLE 17 AMERICAS OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 47

TABLE 18 NORTH AMERICA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPE, 2020-2027 (USD MILLION) 47

TABLE 19 NORTH AMERICA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 48

TABLE 20 NORTH AMERICA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 48

TABLE 21 U.S. OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPES, 2020-2027 (USD MILLION) 49

TABLE 22 U.S. OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 49

TABLE 23 U.S. OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 50

TABLE 24 CANADA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPE, 2020-2027 (USD MILLION) 50

TABLE 25 CANADA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 51

TABLE 26 CANADA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 51

TABLE 27 SOUTH AMERICA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPE, 2020-2027 (USD MILLION) 52

TABLE 28 SOUTH AMERICA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 52

TABLE 29 SOUTH AMERICA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 53

TABLE 30 EUROPE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, BY REGION, 2020-2027 (USD MILLION) 54

TABLE 31 EUROPE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPE, 2020-2027 (USD MILLION) 55

TABLE 32 EUROPE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 55

TABLE 33 EUROPE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 56

TABLE 34 WESTERN EUROPE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPE, 2020-2027 (USD MILLION) 56

TABLE 35 WESTERN EUROPE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 57

TABLE 36 WESTERN EUROPE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET,END-USER, 2020-2027 (USD MILLION) 57

TABLE 37 GERMANY OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPE, 2020-2027 (USD MILLION) 58

TABLE 38 GERMANY OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 58

TABLE 39 GERMANY OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USERS, 2020-2027 (USD MILLION) 59

TABLE 40 FRANCE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPE, 2020-2027 (USD MILLION) 59

TABLE 41 FRANCE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 60

TABLE 42 FRANCE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 60

TABLE 43 U.K. OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPE, 2020-2027 (USD MILLION) 61

TABLE 44 U.K. OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 61

TABLE 45 U.K. OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 62

TABLE 46 ITALY OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPE, 2020-2027 (USD MILLION) 62

TABLE 47 ITALY OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 63

TABLE 48 ITALY OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 63

TABLE 49 SPAIN OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPE, 2020-2027 (USD MILLION) 64

TABLE 50 SPAIN OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 64

TABLE 51 SPAIN OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 65

TABLE 52 REST OF WESTERN EUROPE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPE, 2020-2027 (USD MILLION) 65

TABLE 53 REST OF WESTERN EUROPE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 66

TABLE 54 REST OF WESTERN EUROPE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 66

TABLE 55 EASTERN EUROPE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPE, 2020-2027 (USD MILLION) 67

TABLE 56 EASTERN EUROPE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 67

TABLE 57 EASTERN EUROPE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET ,END-USER, 2020-2027 (USD MILLION) 68

TABLE 58 ASIA-PACIFIC OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, BY REGION, 2020-2027 (USD MILLION) 69

TABLE 59 ASIA-PACIFIC OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPES, 2020-2027 (USD MILLION) 70

TABLE 60 ASIA-PACIFIC OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 70

TABLE 61 ASIA-PACIFIC OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 71

TABLE 62 JAPAN OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPES, 2020-2027 (USD MILLION) 71

TABLE 63 JAPAN OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 72

TABLE 64 JAPAN OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 72

TABLE 65 CHINA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPES, 2020-2027 (USD MILLION) 73

TABLE 66 CHINA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 73

TABLE 67 CHINA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 74

TABLE 68 INDIA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPES, 2020-2027 (USD MILLION) 74

TABLE 69 INDIA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 75

TABLE 70 INDIA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 75

TABLE 71 REPUBLIC OF KOREA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPES, 2020-2027 (USD MILLION) 76

TABLE 72 REPUBLIC OF KOREA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 76

TABLE 73 REPUBLIC OF KOREA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 77

TABLE 74 AUSTRALIA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPE, 2020-2027 (USD MILLION) 77

TABLE 75 AUSTRALIA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 78

TABLE 76 AUSTRALIA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 78

TABLE 77 REST OF ASIA-PACIFIC OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPES, 2020-2027 (USD MILLION) 79

TABLE 78 REST OF ASIA-PACIFIC OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 79

TABLE 79 REST OF ASIA-PACIFIC OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 80

TABLE 80 MIDDLE EAST & AFRICA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, BY REGION, 2020-2027 (USD MILLION) 81

TABLE 81 MIDDLE EAST & AFRICA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPES, 2020-2027 (USD MILLION) 82

TABLE 82 MIDDLE EAST & AFRICA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 82

TABLE 83 MIDDLE EAST & AFRICA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USER, 2020-2027 (USD MILLION) 83

TABLE 84 MIDDLE EAST OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPES, 2020-2027 (USD MILLION) 83

TABLE 85 MIDDLE EAST OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 84

TABLE 86 MIDDLE EAST OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET,END-USER, 2020-2027 (USD MILLION) 84

TABLE 87 AFRICA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, TYPES, 2020-2027 (USD MILLION) 85

TABLE 88 AFRICA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, APPLICATION, 2020-2027 (USD MILLION) 85

TABLE 89 AFRICA OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, END-USERSS, 2020-2027 (USD MILLION) 86

TABLE 90 JOHNSON & JOHNSON: KEY DEVELOPMENTS 91

TABLE 91 RAYNER COMPANY: KEY DEVELOPMENT 99

 

15 LIST OF FIGURES

FIGURE 1 GLOBAL OPHTHALMIC VISCOELASTIC DEVICES MARKET SHARE, BY TYPES, 2020 12

FIGURE 2 GLOBAL OPHTHALMIC VISCOELASTIC DEVICES MARKET SHARE, BY APPLICATION, 2020 12

FIGURE 3 GLOBAL OPHTHALMIC VISCOELASTIC DEVICES MARKET SHARE, BY EHD USERS, 2020 13

FIGURE 4 GLOBAL OPHTHALMIC VISCOELASTIC DEVICES MARKET SHARE, BY REGION, 2020 14

FIGURE 5 GLOBAL OPHTHALMIC VISCOELASTIC DEVICES (OVD): MARKET STRUCTURE 16

FIGURE 6 RESEARCH PROCESS 17

FIGURE 7 DRIVERS & RESTRAINTS IMPACT ANALYSIS FOR GLOBAL OPHTHALMIC VISCOELASTIC DEVICES MARKET 21

FIGURE 8 PORTERS FIVE FORCES MODEL 29

FIGURE 9 GLOBAL OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, BY TYPES 2017 & 2027 (USD MILLION) 33

FIGURE 10 GLOBAL OPHTHALMIC VISCOELASTIC DEVICES MARKET, BY APPLICATION 2017 & 2027 (USD MILLION) 36

FIGURE 11 GLOBAL OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, BY END USERS 2017 & 2027 (USD MILLION) 40

FIGURE 12 GLOBAL OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET, BY REGON 2017 & 2027 (USD MILLION) 44

FIGURE 13 AMERICAS OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET SHARE, BY REGION, 2020 45

FIGURE 14 EUROPE OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET SHARE, BY REGION, 2020 54

FIGURE 15 ASIA PACIFIC OPHTHALMIC VISCOELASTIC DEVICES (OVD) MARKET SHARE, BY REGION, 2020 69

FIGURE 16 MIDDLE EAST & AFRICA OPHTHALMIC VISCOELASTIC (OVD) DEVICES MARKET SHARE, BY REGION, 2020 81

FIGURE 17 GLOBAL OPHTHALMIC VISCOELASTIC DEVICES (OVD) COMPANY SHARE ANALYSIS, 2020 (%) 87

FIGURE 18 JOHNSON & JOHNSON (VISION CARE): RECENT FINANCIALS (USD MILLION) 90

FIGURE 19 JOHNSON & JOHNSON (VISION CARE): GEOGRAPHICAL REVENUE, 2020 (%) 90

FIGURE 20 JOHNSON & JOHNSON: SWOT ANALYSIS 91

FIGURE 21 ALCON LABORATORIES, INC.: RECENT FINANCIALS 92

FIGURE 22 ALCON LABORATORIES, INC.: GEOGRAPHICAL MIX, 2020 (%) 93

FIGURE 23 ALCON LABORATORIES, INC.: SEGMENTAL MIX, 2020 (%) 93

FIGURE 24 ALCON LABORATORIES, INC: SWOT ANALYSIS 94

FIGURE 25 BAUSCH & LOMB : RECENT FINANCIALS 95

FIGURE 26 BAUSCH & LOMB: SWOT ANALYSIS 96

FIGURE 27 CARL ZEISS AG: RECENT FINANCIALS 97

FIGURE 28 CARL ZEISS AG: GEOGRAPHICAL MIX, 2020 (%) 98

FIGURE 29 CARL ZEISS AG: SWOT ANALYSIS 98

FIGURE 30 RAYNER COMPANY: SWOT ANALYSIS 100

FIGURE 31 BOHUS BIOTECH AB: RECENT FINANCIALS 101

FIGURE 32 BOHUS BIOTECH AB: SWOT ANALYSIS 102

FIGURE 33 LIFECORE BIOMEDICAL, LLC: SWOT ANALYSIS 103

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Ophthalmic Viscoelastic Devices Market Overview


The ophthalmic viscoelastic devices market size is expected to attain a global market figure worth USD 1,203.26 million during the ongoing forecast period of 2021-2027. During the period, the market is expected to attain a good ophthalmic viscoelastic devices market growth that is likely to be attained at a rising CAGR of 11.6% by the end of the forecast period in 2027. 


The ophthalmic viscoelastic devices market has its major products and services in the form of Ophthalmic viscoelastic devices (OVDs). These products and services are regarded as standard tools that are being recognized for their large-scale and expanded use in ophthalmic surgeries. Over the last decade, the OVDs had gained a large degree of momentum and had acquired a lot of attention owing to their properties and advantages offered in the global market premises. Sodium Hyaluronate is one of the most widely used OVD materials across various locations and market requirements. 


COVID 19 Analysis


The outbreak of the novel coronavirus pandemic has created a lot of issues and ruckus in the functioning of the ophthalmic viscoelastic devices market especially during the ongoing forecast period that will be ending in 2028. The ophthalmic viscoelastic devices market is witnessing the arrival of market conditions that include the less or no availability of raw materials, resources, and skilled labor that might hamper the ability of the market to meet the rising needs of the target audience that have been predicted by the market experts for the ongoing forecast period. The advent of the pandemic has been nothing short of a bad nightmare that has hampered the ability and potential of the audience to meet the rising needs of the audience followed by the expansion targets that have been set for the coming period. The governments are understanding the patterns of the infection spread and also understanding the risks related to the community transmission of the disease. They are taking major steps like imposing lockdown, restrictions, and fines, that are hampering the ophthalmic viscoelastic devices market from functioning as per their true potential. 


However, the economies are facing losses and there is an urgent need to turn to normalcy and get back with the functions of the production and manufacturing units. The governments are lifting the lockdown restrictions and are collaborating with the public and private sector enterprises to increase the funding that will help in adding to the product portfolio followed by the launch of the same at an international scale. also, the global ophthalmic viscoelastic devices market is witnessing a rise of investments from potential market players and investors that has a good role to play in helping the market expand its horizon amid the challenges that are on the way for the market during the forecast period that will be ending in 2028. 


Market Dynamics


Drivers


The major force that is acting as a driving factor for the ophthalmic viscoelastic devices market is that there is an increasing number of cataract and glaucoma surgeries that are being conducted across the globe and in vibrant locations. The rising developments of the market in OVDs and favorable reimbursement policies are striving the market for better expansion and lucrative opportunities for growth during the forecast period that will be ending in 2028. 


Restraints


On the other hand, the ophthalmic viscoelastic devices market is projected to witness a lack of general awareness regarding the market products and availability of alternative therapy that might restrain the growth of the ophthalmic viscoelastic devices market, as per the predictions that have been made for the ongoing forecast period. 


Technology Analysis


OVD is known to have a great impact on the conduction of ophthalmic surgeries, which are especially cataract surgeries alongside others like intraocular lens implantation. There have been many studies that had proven that the use of OVD has increased the success rate of the surgeries that have been conducted on the patients. The use of technology is such that the market has excellent potential for the market during the ongoing forecast period that will be ending in 2028. 


Study Objectives



  • The ophthalmic viscoelastic devices market report helps in understanding the factors that will give rise to the dynamics of the market that are inclusive of the drivers and opportunities followed by the restraints that might challenge the market from growing during the ongoing forecast period that will be ending in 2028. The report also helps to understand the idea of the experts that predict the CAGR growth and attainable revenue of the market for the forecast period.

  • The ophthalmic viscoelastic devices market report aims to understand the basis of the global market segmentation followed by the factors that will help in enhancing the potential of the segments to meet the rising needs of the target audience that is located in various regions, as a part of the global market during the forecast period.

  • The report further helps to draw a comparison and understand the rising degree of competition that is prevailing or likely to prevail amongst the prominent players of the market during the ongoing forecast period that will be ending in 2028. 


Segment Overview


The ophthalmic viscoelastic devices market share is predicted to rise at an excellent market rate during the ongoing forecast period that will be ending in 2028. The market segmentation help in meeting the rising needs of the target audience that is spread in a series of global locations and is on the way to growth and expansion during the ongoing forecast period of 2021-2028. The segments are:


Based on product types


The global ophthalmic viscoelastic devices market has been segmented as cohesive ophthalmic viscoelastic devices (OVD) and dispersive ophthalmic viscoelastic devices (OVD). 


Based on the global market application


The ophthalmic viscoelastic devices market has been segmented on market applications and includes cataract surgery, glaucoma surgery, corneal transplantation, and vitreoretinal surgery. 


Based on the market end-users


The ophthalmic viscoelastic devices market has been segmented based on industry use and includes demand from industries like ophthalmic clinics and phaco centers, hospitals, and academic and research institutes. 


Regional Analysis


The North American region is known to have commanded the largest market share in 2016 at a global CAGR of 74.35%. Also, the South American market is expected to be the fastest-growing segment with a rising CAGR of 11.6% during the forecasted period that will be ending in 2027. The US region accounts for the maximum market share due to a favorable reimbursement scenario alongside a greater degree of expenditure on healthcare. The faster market uptake of new technology and advancements in the US is also an important driver that will benefit the ophthalmic viscoelastic devices market size during the forecast period that will be ending in 2028. The European region is the second-largest market for growth due to large disposable income and rising awareness amongst the target audience. 


Competitive Landscape


The companies are:



  • Johnson & Johnson

  • Alcon Laboratories Inc.

  • Rayner Company

  • Bohus BioTech AB

  • Lifecore Biomedical LLC

  • Bausch & Lomb

  • Carl Zeiss AG 


Recent Developments



  • The ophthalmic viscoelastic devices market size is predicted to be growing at a growth rate of 11.59% during the ongoing forecast period of 2021-2028. The market is witnessing an increasing prevalence of cataract and glaucoma surgeries, alongside the advances in the ophthalmic viscoelastic devices, and the increasing diabetic population is some of the prevalent and dependant factors that are responsible for ophthalmic viscoelastic devices market growth during the ongoing forecast period.

  • Currently, cohesive OVDs are known to account for the largest market share in the global scenario in the ongoing forecast period due to their advantages offered and long history. They can be easily removed from the eye, and they are also known to have high molecular weight and high viscosity, which makes them the perfect agent for maintaining the overall space. There has been a significant amount of growth in the demand for cohesive OVDs, globally.

  • Johnson & Johnson, Alcon Laboratories, Inc., Bausch & Lomb, Carl Zeiss AG are some of the prominent market players in the ophthalmic viscoelastic devices market that are rising their investments for enhancing and expanding their product lines in the market scenario during the ongoing forecast period. 


Intended Audience



  • Global ophthalmic viscoelastic devices (OVD), retailers, manufacturers, traders, and suppliers

  • Research and development (R&D) firms, organizations, and companies

  • Market research firms and consulting service dealers and providers

  • Academic institutions and universities 


Report Overview


The ophthalmic viscoelastic devices market report discusses the working of the market and studies the functioning on the following basis:



  • Market Overview

  • COVID 19 Analysis

  • Market Dynamics

  • Technology Analysis

  • Study Objectives

  • Segment Overview

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments 


The market studies the impact of the pandemic on the market functioning and further, studies the factors that will have a major role to play in the market expansion during the forecast period that will be ending in 2028.

Report Scope:
Report Attribute/Metric Details
  Market Size   2027: USD 1,203.26 Million
  CAGR   11.6 % (2017-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Types, Application and End users
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Johnson & Johnson, Alcon Laboratories Inc., Bausch & Lomb, Carl Zeiss AG, Rayner Company, Bohus BioTech AB, Lifecore Biomedical LLC and others
  Key Market Opportunities   New product launches and R&D Amongst major key Players
  Key Market Drivers

  • Increasing number of cataract and glaucoma surgeries across the globe
  • Developments in OVDs and favourable reimbursement policies

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    Frequently Asked Questions (FAQ) :

    The ophthalmic viscoelastic devices Market Valuation Would Be USD 1,203.26 Million By 2027.

    The ophthalmic viscoelastic devices Market CAGR would be 11.6% During The Forecast Period Of 2017-2027.

    The ophthalmic viscoelastic devices Market Would Gain An Advantage From A Growing Number Of Cataract And Glaucoma Surgeries Across The Globe.

    As Per Valuations Of 2016, North America Had The Maximum Market Share.

    South America Would Be The Fastest-Growing In The Ophthalmic Viscoelastic Devices (OVD) Market.