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South America Ophthalmic Viscoelastic Devices Market

ID: MRFR/MED/54235-HCR
200 Pages
Rahul Gotadki
February 2026

South America Ophthalmic Viscoelastic Devices Market Research Report: Size, Share, Trend Analysis By Types (Cohesive OVDs, Dispersive OVDs), By Applications (Cataract Surgery, Glaucoma Surgery, Corneal Transplantation, Vitreoretinal Surgery), By End Users (Ophthalmic Clinics & Phaco Centers, Hospitals, Academic & Research Institutes) and By Regional (Brazil, Mexico, Argentina, Rest of South America) - Growth Outlook & Industry Forecast 2025 To 2035

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South America Ophthalmic Viscoelastic Devices Market Summary

As per analysis, the South America Ophthalmic Viscoelastic Devices Market is projected to grow from USD 170.4 Million in 2024 to USD 259.2 Million by 2025, exhibiting a compound annual growth rate (CAGR) of 4.99% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The South America Ophthalmic Viscoelastic Devices Market is poised for growth driven by increasing surgical demands and technological advancements.

  • The demand for cataract surgery continues to rise, particularly in Brazil, which remains the largest market in the region.
  • Technological advancements in device design are enhancing surgical outcomes, especially in the glaucoma surgery segment, which is experiencing rapid growth.
  • Regulatory changes and quality standards are shaping the market landscape, influencing both hospitals and ambulatory surgical centers.
  • Key market drivers include the increasing prevalence of eye disorders and government initiatives aimed at improving healthcare access.

Market Size & Forecast

2024 Market Size 170.4 (USD Million)
2035 Market Size 291.2 (USD Million)
CAGR (2025 - 2035) 4.99%

Major Players

Alcon (CH), Bausch + Lomb (US), Johnson & Johnson (US), Carl Zeiss (DE), Hoya Corporation (JP), Santen Pharmaceutical (JP), Abbott Laboratories (US), Merck & Co. (US)

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South America Ophthalmic Viscoelastic Devices Market Trends

The South America Ophthalmic Viscoelastic Devices Market is currently experiencing notable growth, driven by an increasing prevalence of eye disorders and a rising demand for advanced surgical procedures. The region's healthcare infrastructure is gradually improving, which facilitates better access to innovative ophthalmic technologies. Furthermore, the aging population in South America is likely to contribute to a higher incidence of cataracts and other vision-related issues, thereby propelling the need for effective surgical solutions. As a result, manufacturers are focusing on developing high-quality viscoelastic devices that enhance surgical outcomes and patient safety. In addition, the regulatory environment in South America appears to be evolving, with governments emphasizing the importance of quality control and safety standards in medical devices. This shift may encourage local and international companies to invest in research and development, leading to the introduction of novel products tailored to the specific needs of the South American market. Moreover, collaborations between healthcare providers and device manufacturers could foster innovation and improve the overall quality of care in the region. Overall, the South America Ophthalmic Viscoelastic Devices Market seems poised for continued expansion, driven by technological advancements and a growing awareness of eye health among the population.

Rising Demand for Cataract Surgery

The South America Ophthalmic Viscoelastic Devices Market is witnessing an increase in the demand for cataract surgeries. This trend is largely attributed to the aging population, which is more susceptible to cataracts. As awareness of surgical options grows, patients are more likely to seek treatment, thereby driving the need for viscoelastic devices that facilitate these procedures.

Technological Advancements in Device Design

Innovations in the design and formulation of ophthalmic viscoelastic devices are becoming increasingly prominent in South America. Manufacturers are focusing on creating products that offer improved performance, such as enhanced stability and biocompatibility. These advancements are likely to attract more healthcare professionals to adopt these devices in their surgical practices.

Regulatory Changes and Quality Standards

The regulatory landscape for ophthalmic devices in South America is evolving, with a stronger emphasis on quality and safety standards. This shift may lead to increased scrutiny of products entering the market, encouraging manufacturers to prioritize compliance and invest in high-quality materials. Such changes could ultimately enhance patient safety and satisfaction.

South America Ophthalmic Viscoelastic Devices Market Drivers

Rising Geriatric Population

The demographic shift towards an aging population in South America is a significant driver for the Ophthalmic Viscoelastic Devices Market. As the geriatric population continues to grow, the incidence of age-related eye conditions, such as cataracts and macular degeneration, is likely to rise. Reports indicate that by 2030, the number of individuals aged 65 and older in South America will exceed 100 million, creating a substantial demand for surgical interventions. This demographic trend necessitates the use of advanced viscoelastic devices during cataract surgeries, as they play a crucial role in maintaining intraocular pressure and protecting ocular tissues. Consequently, the market is poised for growth as healthcare providers adapt to the needs of this aging population, ensuring that high-quality ophthalmic viscoelastic devices are readily available.

Increasing Prevalence of Eye Disorders

The South America Ophthalmic Viscoelastic Devices Market is experiencing growth due to the rising prevalence of eye disorders, particularly cataracts and glaucoma. According to regional health statistics, the incidence of cataracts is projected to increase significantly, with estimates suggesting that by 2025, over 30% of the population aged 60 and above may be affected. This demographic shift necessitates a greater demand for surgical interventions, thereby driving the need for advanced ophthalmic viscoelastic devices. Furthermore, the growing awareness of eye health and the importance of regular eye examinations contribute to the rising demand for these devices, as patients seek timely treatment options. As healthcare systems in South America continue to evolve, the focus on improving surgical outcomes and patient safety further emphasizes the critical role of viscoelastic devices in ophthalmic procedures.

Growing Awareness and Patient Education

Increasing awareness regarding eye health and the importance of timely surgical interventions is driving the South America Ophthalmic Viscoelastic Devices Market. Educational campaigns and community outreach programs are effectively informing the public about the risks associated with untreated eye conditions, particularly cataracts. As patients become more informed, they are more likely to seek surgical options, thereby increasing the demand for viscoelastic devices. Additionally, the rise of digital health platforms and telemedicine has facilitated access to information, allowing patients to connect with healthcare providers more easily. This trend is expected to continue, with projections indicating a steady increase in patient inquiries about cataract surgeries and the associated technologies. As a result, the market for ophthalmic viscoelastic devices is likely to expand, driven by a more educated patient base seeking optimal surgical outcomes.

Technological Innovations in Surgical Procedures

Technological advancements in surgical techniques and devices are significantly influencing the South America Ophthalmic Viscoelastic Devices Market. Innovations such as minimally invasive surgical methods and the development of new viscoelastic formulations enhance the efficiency and safety of cataract surgeries. For instance, the introduction of cohesive and dispersive viscoelastics allows for better control during surgery, reducing complications and improving patient outcomes. The market is projected to grow at a compound annual growth rate (CAGR) of approximately 6% over the next five years, driven by these technological improvements. Additionally, the integration of digital technologies in surgical settings, such as real-time imaging and automated systems, further enhances the precision of ophthalmic procedures, thereby increasing the reliance on high-quality viscoelastic devices.

Government Initiatives and Healthcare Investments

Government initiatives aimed at improving healthcare infrastructure in South America are playing a pivotal role in the growth of the Ophthalmic Viscoelastic Devices Market. Various countries in the region are investing in healthcare reforms that prioritize eye care services, including the establishment of specialized ophthalmic centers. For example, Brazil's Ministry of Health has launched programs to enhance access to cataract surgeries, which directly correlates with the demand for viscoelastic devices. These investments not only improve surgical capabilities but also foster partnerships with device manufacturers, ensuring the availability of advanced products. As a result, the market is expected to benefit from increased funding and support for eye health initiatives, ultimately leading to a higher adoption rate of ophthalmic viscoelastic devices.

Market Segment Insights

By Application: Cataract Surgery (Largest) vs. Glaucoma Surgery (Fastest-Growing)

The South America Ophthalmic Viscoelastic Devices Market exhibits a diverse range of applications, with cataract surgery securing the largest market share. This dominance is primarily attributed to the high prevalence of cataracts across the region, driven by an aging population and increased awareness of surgical options. Following this, glaucoma surgery is gaining traction as a significant segment, reflecting the rising incidence of glaucoma and the need for advanced surgical interventions. The market distribution showcases cataract surgery as a cornerstone, while other applications carve their niches in response to specific ophthalmic needs.

Cataract Surgery (Dominant) vs. Glaucoma Surgery (Emerging)

Cataract surgery has long been the dominant application in the South America Ophthalmic Viscoelastic Devices Market, thanks to advancements in surgical techniques and the widespread implementation of viscoelastic devices that enhance procedural efficiency. The segment appeals to a broad demographic, addressing the needs of patients experiencing vision impairment due to cataracts. In contrast, glaucoma surgery is an emerging application that is quickly gaining prominence. Factors driving this growth include the increasing awareness of glaucoma's impact on vision health and a shift towards more effective surgical solutions. As more healthcare providers adopt innovative treatment methods for glaucoma, the demand for specialized viscoelastic devices is expected to grow, indicating a dynamic shift in the market landscape.

By End Use: Hospitals (Largest) vs. Ambulatory Surgical Centers (Fastest-Growing)

In the South America Ophthalmic Viscoelastic Devices Market, hospitals are the predominant end-use segment, leveraging their established infrastructure and comprehensive service offerings to capture a significant market share. Ambulatory surgical centers, however, are rapidly gaining traction, driven by increasing demand for outpatient procedures and shorter recovery times. Together, these segments are shaping the landscape of ophthalmic surgeries in the region, with hospitals providing a solid foundation while ambulatory centers inject dynamism into the market.

Hospitals (Dominant) vs. Ambulatory Surgical Centers (Emerging)

Hospitals are the dominant end-use segment, characterized by high patient volume and the capability to conduct complex procedures. They benefit from advanced technologies and skilled healthcare professionals, making them the preferred choice for major ophthalmic surgeries. In contrast, ambulatory surgical centers are emerging as a significant force, favored for their efficiency and lower operational costs. These centers are increasingly sought after for elective procedures, allowing patients to undergo surgery and return home the same day. The shift toward minimally invasive surgeries and outpatient care is solidifying the position of ambulatory centers, positioning them as a crucial player in the evolving ophthalmic landscape.

By Product Type: Dispersive Viscoelastic Devices (Largest) vs. Combination Viscoelastic Devices (Fastest-Growing)

In the South America Ophthalmic Viscoelastic Devices Market, Dispersive Viscoelastic Devices hold the largest market share, valued for their ability to maintain intraocular pressure and protect the corneal endothelium during cataract surgeries. Their established presence and clinical reliability make them a preferred choice among ophthalmic surgeons. On the other hand, Combination Viscoelastic Devices, which incorporate both dispersive and cohesive properties, are gaining ground due to their versatility and effectiveness in various surgical applications. This segment's market share continues to grow as surgeons seek options that can provide optimal performance under diverse surgical conditions.

Dispersive Viscoelastic Devices (Dominant) vs. Combination Viscoelastic Devices (Emerging)

Dispersive Viscoelastic Devices are characterized by their high molecular weight, providing excellent protection to the ocular tissues during surgery. They are highly effective at maintaining space within the anterior segment of the eye and minimizing trauma. As the dominant product type, they are widely used in procedures like cataract extractions. In contrast, Combination Viscoelastic Devices are emerging as a competitive option, leveraging the benefits of both cohesive and dispersive properties. They offer the surgeon greater flexibility, often used in complex surgeries where both stability and protection are required. This adaptability is driving their popularity, positioning them strongly in a rapidly evolving market.

By Material Type: Sodium Hyaluronate (Largest) vs. Chondroitin Sulfate (Fastest-Growing)

In the South America Ophthalmic Viscoelastic Devices Market, Sodium Hyaluronate stands out as the largest material type due to its widespread use in surgical procedures and its established efficacy in maintaining ocular hydration and viscosity. Following closely is Chondroitin Sulfate, which, while not as dominant currently, has gained attention for its unique properties, leading to a growing market share in specific applications, particularly in cataract surgeries.

Sodium Hyaluronate (Dominant) vs. Chondroitin Sulfate (Emerging)

Sodium Hyaluronate remains the dominant material in the South America ophthalmic viscoelastic devices landscape, attributed to its high biocompatibility and proven effectiveness in a variety of eye surgeries. It is favored for its ability to retain moisture, thereby improving surgical outcomes and patient comfort. In contrast, Chondroitin Sulfate is emerging as a notable alternative, garnering attention for its potential to enhance healing and reduce inflammation during post-operative recovery. As surgeons increasingly seek biocompatible options with additional therapeutic benefits, Chondroitin Sulfate is positioned for significant growth in the upcoming years, capitalizing on the innovation and demand for enhanced surgical solutions.

Get more detailed insights about South America Ophthalmic Viscoelastic Devices Market

Regional Insights

The South America Ophthalmic Viscoelastic Devices Market is characterized by a diverse regional landscape, with significant contributions from Brazil, Mexico, Argentina, and the Rest of South America. Brazil stands as a key player in this market, driven by its large population and a growing prevalence of eye-related disorders, which necessitates advanced surgical interventions.

Mexico also plays a vital role, with an increasing healthcare infrastructure and a rise in ophthalmic surgical procedures contributing to market growth. Argentina's emphasis on improving healthcare services, accompanied by an uptick in eye surgeries, creates a substantial demand for ophthalmic viscoelastic devices.Meanwhile, the Rest of South America reflects a mix of emerging markets where government initiatives and an escalating focus on eye health significantly impact market dynamics.

Collectively, these regions exhibit a trend towards modernization in healthcare facilities, fostering greater accessibility to advanced ophthalmic solutions. The rising awareness of eye health and the increasing incidence of cataracts and glaucoma in the population are further pushing demand across these regions, showcasing a promising growth trajectory for the South America Ophthalmic Viscoelastic Devices Market.

Key Players and Competitive Insights

The Ophthalmic Viscoelastic Devices Market in South America is characterized by a competitive landscape that is increasingly shaped by innovation, strategic partnerships, and regional expansion. Key players such as Alcon (CH), Bausch + Lomb (US), and Johnson & Johnson (US) are actively pursuing strategies that emphasize product development and market penetration. Alcon (CH), for instance, has focused on enhancing its product portfolio through continuous innovation, which appears to be a critical driver of its competitive edge. Meanwhile, Bausch + Lomb (US) has been leveraging strategic partnerships to bolster its distribution channels, thereby enhancing its market presence. Johnson & Johnson (US) seems to be concentrating on digital transformation initiatives, which may facilitate improved customer engagement and operational efficiency, collectively shaping a dynamic competitive environment.

The business tactics employed by these companies reflect a nuanced understanding of the market's structure, which is moderately fragmented. Localizing manufacturing and optimizing supply chains are prevalent strategies that enable these firms to respond swiftly to regional demands. The collective influence of these key players suggests a competitive structure where innovation and operational efficiency are paramount, allowing them to navigate the complexities of the market effectively.

In December 2025, Alcon (CH) announced the launch of a new line of advanced viscoelastic devices designed specifically for cataract surgery, which is anticipated to enhance surgical outcomes. This strategic move underscores Alcon's commitment to innovation and positions the company to capture a larger share of the growing surgical market in South America. The introduction of these devices may not only improve patient outcomes but also strengthen Alcon's competitive positioning against its rivals.

In November 2025, Bausch + Lomb (US) entered into a strategic alliance with a local distributor in Brazil, aimed at expanding its reach in the South American market. This partnership is likely to enhance Bausch + Lomb's distribution capabilities, allowing for more efficient product delivery and increased market penetration. Such collaborations may prove essential in navigating the diverse regulatory landscapes across the region, thereby solidifying the company's foothold in the market.

In October 2025, Johnson & Johnson (US) unveiled a new digital platform designed to streamline the purchasing process for ophthalmic devices, which could significantly enhance customer experience. This initiative reflects a broader trend towards digitalization within the industry, suggesting that Johnson & Johnson is keen on leveraging technology to differentiate itself from competitors. The platform may facilitate better customer engagement and operational efficiencies, aligning with the company's strategic focus on innovation.

As of January 2026, the competitive trends within the Ophthalmic Viscoelastic Devices Market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are playing a pivotal role in shaping the current landscape, enabling companies to enhance their capabilities and market reach. Looking ahead, it appears that competitive differentiation will evolve from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability, which may ultimately redefine the market dynamics.

Key Companies in the South America Ophthalmic Viscoelastic Devices Market include

Industry Developments

The South America Ophthalmic Viscoelastic Devices Market has seen significant developments recently, driven by increasing eye surgeries and advancements in technology. In October 2023, Bausch Health announced the launch of a new viscoelastic device specifically designed for cataract surgery, which has garnered attention for its innovative formulation.

Additionally, in September 2023, Alcon expanded its product range in Brazil, aiming to enhance service and availability in the region. Current affairs indicate that companies like AbbVie and Medtronic are focusing on strategic partnerships to elevate their market presence.

Market valuations have experienced growth, with forecasts showing an upward trend driven by an aging population and rising awareness about eye health in South America. Notably, in August 2023, Hoya Corporation acquired a small local firm specializing in eye health solutions to diversify its offerings.

Furthermore, competitive dynamics among key players, including Carl Zeiss AG and Santen Pharmaceutical, highlight a healthy growth environment for Ophthalmic Viscoelastic Devices, which are becoming increasingly essential in surgical procedures across countries like Brazil and Argentina. The evolving regulatory landscape is also facilitating the introduction of new technologies in the region.

 

Future Outlook

South America Ophthalmic Viscoelastic Devices Market Future Outlook

The South America Ophthalmic Viscoelastic Devices Market is projected to grow at a 4.99% CAGR from 2025 to 2035, driven by increasing surgical procedures and technological advancements.

New opportunities lie in:

  • Expansion of product lines to include biodegradable viscoelastics.
  • Development of strategic partnerships with local healthcare providers.
  • Investment in digital marketing strategies targeting ophthalmic surgeons.

By 2035, the market is expected to solidify its position as a key player in ophthalmic innovations.

Market Segmentation

South America Ophthalmic Viscoelastic Devices Market End Use Outlook

  • Hospitals
  • Ambulatory Surgical Centers
  • Ophthalmology Clinics

South America Ophthalmic Viscoelastic Devices Market Application Outlook

  • Cataract Surgery
  • Glaucoma Surgery
  • Corneal Surgery
  • Retinal Surgery

South America Ophthalmic Viscoelastic Devices Market Product Type Outlook

  • Dispersive Viscoelastic Devices
  • Cohesive Viscoelastic Devices
  • Combination Viscoelastic Devices

South America Ophthalmic Viscoelastic Devices Market Material Type Outlook

  • Sodium Hyaluronate
  • Chondroitin Sulfate
  • Hyaluronic Acid

Report Scope

MARKET SIZE 2024170.4(USD Million)
MARKET SIZE 2025259.2(USD Million)
MARKET SIZE 2035291.2(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.99% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledAlcon (CH), Bausch + Lomb (US), Johnson & Johnson (US), Carl Zeiss (DE), Hoya Corporation (JP), Santen Pharmaceutical (JP), Abbott Laboratories (US), Merck & Co. (US)
Segments CoveredApplication, End Use, Product Type, Material Type
Key Market OpportunitiesGrowing demand for advanced surgical procedures drives innovation in South America Ophthalmic Viscoelastic Devices Market.
Key Market DynamicsRising demand for advanced surgical procedures drives growth in South America Ophthalmic Viscoelastic Devices Market.
Countries CoveredBrazil, Mexico, Argentina, Rest of South America
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FAQs

What is the current valuation of the South America Ophthalmic Viscoelastic Devices Market?

The market valuation was 170.4 USD Million in 2024.

What is the projected market size for the South America Ophthalmic Viscoelastic Devices Market by 2035?

The market is expected to reach 291.2 USD Million by 2035.

What is the expected CAGR for the South America Ophthalmic Viscoelastic Devices Market during the forecast period?

The expected CAGR for the market from 2025 to 2035 is 4.99%.

Which application segment had the highest valuation in 2024?

Cataract Surgery had the highest valuation at 68.4 USD Million in 2024.

What are the projected values for the Glaucoma Surgery segment by 2035?

The Glaucoma Surgery segment is projected to reach 57.6 USD Million by 2035.

Which end-use segment is anticipated to grow the most by 2035?

The Hospitals segment is expected to grow to 115.0 USD Million by 2035.

What is the market value of Combination Viscoelastic Devices in 2024?

The market value for Combination Viscoelastic Devices was 70.4 USD Million in 2024.

Which material type is projected to have the highest valuation by 2035?

Sodium Hyaluronate is projected to reach 145.0 USD Million by 2035.

Who are the key players in the South America Ophthalmic Viscoelastic Devices Market?

Key players include Alcon, Bausch + Lomb, Johnson & Johnson, and others.

What is the expected growth trend for the South America Ophthalmic Viscoelastic Devices Market?

The market is likely to experience steady growth, driven by advancements in surgical techniques and increasing demand.

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