Pune, India -- (SBWIRE) -- 05/14/2018 -- Ophthalmic Viscoelastic Devices Market Scenario:
Ophthalmic viscoelastic devices (OVDs) are regarded as a standard tool used in the ophthalmic surgeries. Over the last decade, OVDs had acquired a lot of attention owing to their properties and advantages. Sodium Hyaluronate is the most widely used OVD material. OVD has a great impact on ophthalmic surgeries, especially cataract surgeries and other intraocular lens implantation. Many studies had proven that use of OVD has increased the success rate of the surgeries.
The major driving factor for the Ophthalmic Viscoelastic Devices Market are increasing number of cataract and glaucoma surgeries across the globe, developments in OVDs and favourable reimbursement policies. On the other hand lack of general awareness and availability of alternative therapy has restrained the growth of the market.
The Global Ophthalmic Viscoelastic Devices (OVD) Market is segmented on the basis of types, application and end users. Based on types, the market has been segmented as cohesive ophthalmic viscoelastic devices (OVD) and dispersive ophthalmic viscoelastic devices (OVD). Based on the application, the market has been segmented as cataract surgery, glaucoma surgery, corneal transplantation and vitreoretinal surgery. Based on the end users, the market has been segmented as ophthalmic clinics & phaco centers, hospitals and academic & research institutes.
Key players of Global Ophthalmic Viscoelastic Devices (OVD) Market:
Key players profiled in the report are Johnson & Johnson, Alcon Laboratories Inc., Bausch & Lomb, Carl Zeiss AG, Rayner Company, Bohus BioTech AB, Lifecore Biomedical LLC and others.
Ophthalmic Viscoelastic Devices (OVD) Market Regional Analysis:
In the Americas region, North America commands the largest market share in 2016 at 74.35% in 2016 while South America is expected to be the fastest growing segment with the CAGR of 11.6% during the forecasted period. US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. The faster market uptake of new technology in the US is also an important driver of the market for global ophthalmic viscoelastic devices (OVD). Europe is the second largest market due to large disposable income and rising awareness. Asia Pacific region is expected to have the most potential and it is estimated to be led by China and India. Asia pacific region is expected to be the fastest growing segment with the CAGR of 12.0%during the forecasted period. The Middle East & Africa market is led by the gulf nations particularly Saudi Arabia and UAE. The poor regions of Africa are expected to be a laggard due to poor economic and political conditions and poor healthcare penetration.
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Key players of Global Ophthalmic Viscoelastic Devices (OVD) Market:
Johnson & Johnson, Alcon Laboratories Inc., Bausch & Lomb, Carl Zeiss AG, Rayner Company, Bohus BioTech AB, Lifecore Biomedical LLC and others.
Major TOC for Ophthalmic Viscoelastic Devices (OVD) Market:
TABLE OF CONTENTS
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
…T.O.C Continued
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