Health & Safety Industry Today
Ophthalmic Viscosurgical Devices Market will grow at lucrative CAGR of 10% till 2024
Japan ophthalmic viscosurgical devices market was more than USD 12 million in 2015 and is expected to exceed USD 41 million by 2024. Japan witnesses the fastest growing aging population offering a healthy business growth platform over the forecast period.
Published 19 September 2017
The Industry outlook report “Ophthalmic Viscosurgical Devices Market By Product (Dispersive, Cohesive, Combined), By Application (Cataract Surgery, Vitreoretinal Surgery, Canaloplasty, Refractive Surgery, Keratoplasty), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Japan, China, India, Australia, Malaysia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” by Global Market Insights, Inc. says Ophthalmic Viscosurgical Devices Market share is to reach USD 790 million by 2024.
Demand is primarily generated by growing elderly population associated with high potential for ophthalmic surgeries. Longer life expectancy and growing shift towards an older average age has led to increased incidences of cataract driving the global ophthalmic viscosurgical devices market. OVDs are an integral part of the modern anterior segment surgery. The introduction of different multifocal IOL options that can fill gaps throughout the complete range of vision has strongly improved patient satisfaction and the quality of distance vision.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1134
Most common eye diseases affecting the older age group include advanced age-linked macular degeneration, diabetic retinopathy, cataracts, glaucoma, and blindness or poor vision. Many older people develop macular degeneration as part of the body's natural aging process. Cataract surgery was the highest revenue generating application in 2015 due to high global prevalence. Increasing number of vitreoretinal surgeries among geriatric people will drive procedure demand. Development of a low-cost vitreoretinal surgical system designed for emerging regions will expand vitreoretinal surgery demand.
Dispersive OVDs market offers advantages of using the viscoelastic soft-shell technique for routine cases, especially for complex procedures, which could result in more than 12% CAGR by 2024. Cohesive ophthalmic viscosurgical devices market will seize close to 40% share by 2024, due to their tendency to stick together and move as a mass, which plays an important role in OVD retention in the anterior chamber during phacoemulsification. Some of the available viscous cohesive OVDs are Provisc, Healon, Amvisc and Amvisc Plus.
Europe ophthalmic viscosurgical devices market, especially across Germany, UK and France will experience notable growth; the region accounted for more than 30% o fhte 2015 global revenue. Demographic shift is set to lead to an increase in the overall sales of Intraocular Lens (IOLs). Age-related macular degeneration (AMD), glaucoma and diabetic retinopathy are the most common cause of blindness in Europe.
Browse key industry insights spread across 120 pages with 54 market data tables & 6 figures & charts from this 2017 report “Ophthalmic Viscosurgical Devices Market” in detail along with the table of contents at:
https://www.gminsights.com/industry-analysis/ophthalmic-viscosurgical-devices-market
Increasing diabetic retinopathy cases and cataract surgical rates coupled with availability of new drugs and devices will boost the Latin America ophthalmic viscosurgical devices market size. The region is filled with immense potential for growth; with Vision 2020 advocacy, governments are considering cataract surgery as a priority, providing treatment free of cost. Argentina could be a profitable region with significantly high number of surgeries being conducted.
2015 U.S. ophthalmic viscosurgical devices market was valued over USD 125 million and is forecast to rise during the coming years with growing geriatric population base, increasing number of minimally invasive surgeries and favorable government policies.
Japan ophthalmic viscosurgical devices market share has witnessed highest gains in 2015 due to prevalence of diabetic retinopathy, high myopia, optic nerve and retinochoroidal degeneration. Cataract prevalence is one of the major cause of blindness in China which will drive the regional ophthalmic viscosurgical devices market over the forecast period. Pure sodium hyaluronate product is currently widely used in China.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1134
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://www.gminsights.com/blogs
Connect with us: Facebook | Google+ | LinkedIn | Twitter
Demand is primarily generated by growing elderly population associated with high potential for ophthalmic surgeries. Longer life expectancy and growing shift towards an older average age has led to increased incidences of cataract driving the global ophthalmic viscosurgical devices market. OVDs are an integral part of the modern anterior segment surgery. The introduction of different multifocal IOL options that can fill gaps throughout the complete range of vision has strongly improved patient satisfaction and the quality of distance vision.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1134
Most common eye diseases affecting the older age group include advanced age-linked macular degeneration, diabetic retinopathy, cataracts, glaucoma, and blindness or poor vision. Many older people develop macular degeneration as part of the body's natural aging process. Cataract surgery was the highest revenue generating application in 2015 due to high global prevalence. Increasing number of vitreoretinal surgeries among geriatric people will drive procedure demand. Development of a low-cost vitreoretinal surgical system designed for emerging regions will expand vitreoretinal surgery demand.
Dispersive OVDs market offers advantages of using the viscoelastic soft-shell technique for routine cases, especially for complex procedures, which could result in more than 12% CAGR by 2024. Cohesive ophthalmic viscosurgical devices market will seize close to 40% share by 2024, due to their tendency to stick together and move as a mass, which plays an important role in OVD retention in the anterior chamber during phacoemulsification. Some of the available viscous cohesive OVDs are Provisc, Healon, Amvisc and Amvisc Plus.
Europe ophthalmic viscosurgical devices market, especially across Germany, UK and France will experience notable growth; the region accounted for more than 30% o fhte 2015 global revenue. Demographic shift is set to lead to an increase in the overall sales of Intraocular Lens (IOLs). Age-related macular degeneration (AMD), glaucoma and diabetic retinopathy are the most common cause of blindness in Europe.
Browse key industry insights spread across 120 pages with 54 market data tables & 6 figures & charts from this 2017 report “Ophthalmic Viscosurgical Devices Market” in detail along with the table of contents at:
https://www.gminsights.com/industry-analysis/ophthalmic-viscosurgical-devices-market
Increasing diabetic retinopathy cases and cataract surgical rates coupled with availability of new drugs and devices will boost the Latin America ophthalmic viscosurgical devices market size. The region is filled with immense potential for growth; with Vision 2020 advocacy, governments are considering cataract surgery as a priority, providing treatment free of cost. Argentina could be a profitable region with significantly high number of surgeries being conducted.
2015 U.S. ophthalmic viscosurgical devices market was valued over USD 125 million and is forecast to rise during the coming years with growing geriatric population base, increasing number of minimally invasive surgeries and favorable government policies.
Japan ophthalmic viscosurgical devices market share has witnessed highest gains in 2015 due to prevalence of diabetic retinopathy, high myopia, optic nerve and retinochoroidal degeneration. Cataract prevalence is one of the major cause of blindness in China which will drive the regional ophthalmic viscosurgical devices market over the forecast period. Pure sodium hyaluronate product is currently widely used in China.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1134
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://www.gminsights.com/blogs
Connect with us: Facebook | Google+ | LinkedIn | Twitter
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