Global Ophthalmic Viscoelastic Device (OVD) Market Size, Share, New Trends, Growth, And Outlook to 2013-2028

The global ophthalmic viscoelastic devices market is driven by the increasing prevalence of ocular dysfunction.

According to the first World report on vision issued by the World Health Organization in October 2019, over 1 billion people worldwide are living with vision impairment because they do not get the care they need for conditions like short and farsightedness, glaucoma, and cataract.The increasing popularity of cataract surgery has played a significant role in the growth of the ophthalmic viscoelastic devices market.

Cataract surgery can correct refractive errors such as nearsightedness and farsightedness, among other problems.

It has also been found to provide some degree of vision improvement to those with severe cataract conditions.Currently, there are two types of ophthalmic viscoelastic devices available in the ophthalmic viscoelastic devices market: open and closed systems.

It has been found that this form of treatment is effective in treating children and adults with different degrees of strabismus (crossing and turning of the eye).

On the other hand, the closed system consists of a lens-fitted or nose-and-throat mask that has an intraocular pressure sensor and holds the patient's head up with a backpack or headband.The most advanced form of ophthalmic viscoelastic device is the sodium hyaluronate formulation.

Ophthalmic Viscoelastic Devices (Ovd) 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 2027Market ScopeMarket Research Future (MRFR) expects the ophthalmic viscoelastic devices or OVD to touch 1,203.26 million by 2027-end.

Meanwhile, the global market is presumed to clock in a CAGR of around 11.6% between 2020 and 2027.Growth Boosters and DeterrentsThe World Health Organization/WHO reveals that cataract is the leading cause of 54% of blindness worldwide, representing almost 25 million individuals in 2010.

Cataract is identified as a common ocular disorder across the globe and its prevalence rate is exceptionally high in developed nations where the geriatric population is quite large.

The National Institutes of Health says that roughly 25 million Americans are affected by cataract and close to 50% of the population in the US is expected to develop the eye disorder by the age of 85 years in the years to come.

In short, the rising burden of cataract and glaucoma and the consequent increase in the number of eye surgeries performed will ultimately propel the demand for OVDs in the near future.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/1396 Market SegmentationThe MRFR report presents a detailed framework of the ophthalmic viscoelastic devices industry, throwing light on a couple of segments including types, application and end users.The key types of ophthalmic viscoelastic devices include cohesive ophthalmic viscoelastic devices (OVD) as well as dispersive ophthalmic viscoelastic devices (OVD).Top applications include glaucoma surgery, cataract surgery, vitreoretinal surgery, and corneal transplantation.The industry end users covered in the MRFR study are hospitals, academic & research institutes and ophthalmic clinics & phaco centers.Regional AnalysisThe ophthalmic viscoelastic devices industry has been regionally segregated into APAC/Asia Pacific, MEA/Middle East & Africa, North America as well as Europe.In 2016, North America commanded the biggest share of 74.35% while South America was identified as the fastest expanding market at a rate of 11.6% the same year.

The US is the highest grosser in the regional market, considering the supportive reimbursement scenario as well as the sizeable spending on healthcare.

The global “Ophthalmic Device Market” research report addresses the need for an industry- and economy-wide database beneficial for the business management that could potentially offer development and profitability in the market.

It also draws focus on technologies, volume, materials & markets, and in-depth market analysis of the Ophthalmic Device sector.

@ https://www.reportsanddata.com/sample-enquiry-form/2387 The Ophthalmic Device market intelligence study includes a separate section dedicated to crucial parameters like the pricing structure of vital feedstock and value chain analysis, along with the study of major suppliers of the raw materials.

It also offers other pivotal information about the Ophthalmic Device market as part of a wide-ranging analysis of the supply chain, along with other aspects like prominent distributors and the consumer base.In market segmentation by manufacturers, the report covers the following companies- Bausch + Lomb, Johnson & Johnson, Alcon, Topcon, Carl Zeiss Meditec, Essilor, Nidek, Haag-Streit, Ziemer Ophthalmic Systems, and Staar Surgical, among others.Furthermore, the research report projects the changes in the supply-demand dynamics, market value, market competition, leading market players, and market estimations from 2019 to 2027.

Please visit @ https://www.reportsanddata.com/discount-enquiry-form/2387Scope of the Research:The report offers an in-depth assessment of the competitive scenario, taking into consideration the market shares held by leading companies.

It also discusses the supply-demand dynamics and key participants with vital business intelligence and helps them with a research-backed forecast for the global Ophthalmic Device market.The evaluation includes the forecast, a summary of the competitive landscape, the market shares of competitors, as well as the market trends, demands, opportunities and challenges existing in the sector, and elaborate product analysis.

Cataract Surgery Device Market by Device Type (Intraocular lens (IOL), Ophthalmic Viscoelastic Device (OVD), Phacoemulsification Equipment and Femtosecond Laser Equipment) by End-Users (Ophthalmology Centers, Hospitals, Clinics) - Forecast to 2022Global Cataract Surgery Device Market In-Depth competition analysis of the major companies in the report, sector of the report includes the market depictions, requirements, and product portrayals, manufacture, competence, contact figures, cost, and revenueMajor Key PlayersThe key strategies followed by the players operating in the global Cataract Surgery Device Market were innovation, product development, acquisition, and expansion.Alcon, Inc. (U.S), Abbott Laboratories (U.S.), Carl Zeiss Meditech AG (Germany), Essilor International S.A. (France), Opcon Corporation (Japan), Allergan, Inc. (U.S.), Bausch & Lomb, Inc. (U.S.), NIDEK Co., Ltd. (Japan), STAAR Surgical Company (U.S.) and others.Market Segment AnalysisThe global cataract surgery device market has been segmented based on device type and end-users.

By device type, the market has been segmented into intraocular lens (IOL), Ophthalmic Viscoelastic Device (OVD), Phacoemulsification Equipment and Femtosecond Laser Equipment.

The intraocular lens (IOL) segment accounts for 79% share of the global market and is poised to exhibit significant growth over the forecast period.

By end users, the market has been segmented into hospitals, clinics, ophthalmology centers, and others.Key Study Highlights:This report for Cataract Surgery Device Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market.

The report also gives a broad study of the different market segments and regions.Regional AnalysisGeographically, the global Cataract Surgery Device Market has been divided into the Americas, Europe, Asia-Pacific, and the Middle East and Africa.Browse Full Report Page Enabled with complete Table of Content at https://www.marketresearchfuture.com/reports/cataract-surgery-device-market-2115Chapter 9.

Global Cataract Surgery Device Market By Region9.1 Introduction9.2 America9.2.1 North America9.2.1.1 U.S.9.2.1.2 Canada9.2.2 South America9.3 Europe9.3.1 Western Europe9.3.1.1 Germany9.3.1.2 France9.3.1.3 Italy9.3.1.4 Spain9.3.1.5 U.K.9.3.1.6 Rest Of Western Europe9.3.2 Eastern Europe9.4 Asia Pacific9.4.1 Japan9.4.2 China9.4.3 India9.4.4 Australia9.4.5 Republic Of Korea9.4.6 Rest Of Asia Pacific9.5 The Middle East & Africa9.5.1 United Arab Emirates9.5.2 Saudi Arabia9.5.3 Oman9.5.4 Kuwait9.5.5 Qatar9.5.6 Rest Of The Middle East & AfricaAbout Market Research Future: MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.Contact:+1 646 845 9312 | Email: [email protected]