Medical Device Ophthalmic Viscoelastic Devices Market | Page 2

REPORT DESCRIPTION Ophthalmic Viscoelastic Devices Market – Overview The global ophthalmic viscoelastic devices market is expected to witness significant growth due to increasing number of cataract and glaucoma surgeries. Moreover, increasing prevalence of diabetes also contributes to eye disorders. According to WHO, around 422 million people were affected by diabetes worldwide in 2016. Similarly, according to American Academy of Ophthalmology, in 2013, around 48,229 corneal transplants and 2 million cataract surgery in 2014 were performed in the U.S. Furthermore, education, awareness about eye health, increasing spending power of the populace on healthcare sector, and favorable reimbursements policies in the developed economies also contribute to growth of the OVDs market. Ophthalmic viscoelastic devices (OVD) are basic tools used in modern cataract surgeries. They are non- active, clear, and gel-like solutions with viscous and elastic properties. OVDs mainly contain sodium hyaluronate. The viscoelasticity of OVD substance keeps the vitreous face in the proper position and prevents it from flat chambers during surgery. These substances cover and protect the intraocular tissues, ocular structures, and improves visualization.