Us Ophthalmic Viscosurgical Devices Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Ophthalmic Viscosurgical Devices Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The US ophthalmic viscosurgical devices (OVD) market is experiencing remarkable growth, driven by advancements in medical technology and the increasing demand for eye surgeries. These devices play a crucial role in ophthalmic procedures, particularly cataract surgeries, by maintaining eye pressure and protecting delicate ocular tissues during surgery. The market's expansion is largely attributed to the growing aging population, higher prevalence of cataracts, and technological innovations in viscosurgical products.
OVDs are utilized to maintain the anterior chamber of the eye, improve surgical visibility, and facilitate smoother surgical procedures. As the demand for minimally invasive surgeries rises, ophthalmic viscosurgical devices are becoming indispensable. The increasing number of cataract surgeries, fueled by the aging population in the United States, is contributing to the steady growth of this market. In 2024, the number of cataract surgeries performed in the US is expected to reach millions, further boosting demand for OVDs.
The market is segmented into different product types, including hydroxypropyl methylcellulose (HPMC), sodium hyaluronate, and other advanced OVDs. Sodium hyaluronate-based OVDs hold the largest share in the market due to their superior viscoelastic properties and ability to provide extended intraocular stability. These devices are not only used in cataract surgeries but also in retinal surgeries, further expanding their applications.
Market players are continuously innovating, focusing on the development of high-quality, cost-effective OVDs with enhanced biocompatibility and stability. Technological advancements in materials science have led to the creation of next-generation ophthalmic viscosurgical devices that offer better performance and safety profiles. This is crucial, as safety is a primary concern for both surgeons and patients during eye surgeries.
As the US ophthalmic viscosurgical devices market continues to evolve, it is expected to witness substantial growth in the coming years. The ongoing improvements in surgical techniques, combined with the increasing adoption of advanced OVDs, are set to drive this market further. Factors such as the rising number of ophthalmic surgeries and advancements in technology are key drivers that will shape the future of this industry. Market participants are keen on expanding their product portfolios and forming strategic alliances to maintain a competitive edge.
In addition to the increased adoption of minimally invasive techniques, the market for ophthalmic viscosurgical devices is also benefiting from the global rise in ophthalmic awareness and the growing preference for outpatient procedures. These trends, coupled with the emergence of more affordable treatment options, are creating a favorable environment for market growth.
Overall, the US ophthalmic viscosurgical devices market is poised for significant expansion, driven by continued advancements in technology and a growing demand for eye care treatments. The presence of leading market players and an increasing focus on improving surgical outcomes will undoubtedly contribute to the market's success in the future. With key market players investing in innovation and research, the ophthalmic viscosurgical devices market is expected to witness a surge in both demand and technological advancements.
The market for ophthalmic devices, including ophthalmic viscosurgical devices, is also expected to experience a parallel growth trend similar to that of the 100 Gigabit Fiber Optic Transceiver Market, which has seen substantial investments due to technological improvements and the demand for high-speed data transfer. Just as fiber optics play a crucial role in the telecommunications industry, ophthalmic devices are becoming increasingly essential in the medical field.
Get an In-Depth Research Analysis of the Global Ophthalmic Viscosurgical Devices Market Size And Forecast [2025-2032]
Abbott Medical Optics
Carl-Zeiss
Novartis
Johnson & Johnson
Roche
Pfizer
Allergan
Hyaltech
Valeant Pharma
CIMA Technology
Rayner
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Ophthalmic Viscosurgical Devices Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Ophthalmic Viscosurgical Devices Market
Viscoelastic Devices
Intraocular Tamponades
Ocular Surface Protectors
Cataract Surgery
Corneal Surgery
Glaucoma Surgery
Retinal Surgery
Hospitals
Ambulatory Surgical Centers (ASCs)
Ophthalmology Clinics
Sodium Hyaluronate
Chondroitin Sulfate
Other Natural Polymers
Synthetic Polymers
Direct Sales
Distributors
Online Platforms
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Ophthalmic Viscosurgical Devices Market Research Analysis
1. Introduction of the Global Ophthalmic Viscosurgical Devices Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Ophthalmic Viscosurgical Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Ophthalmic Viscosurgical Devices Market, By Type
6. Global Ophthalmic Viscosurgical Devices Market, By Application
7. Global Ophthalmic Viscosurgical Devices Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Ophthalmic Viscosurgical Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/