Ophthalmic Viscosurgical Devices Market : Dynamics, Segments, Size Ophthalmic Viscosurgical Devices Healthcare | Page 6

Ophthalmic Viscosurgical Devices Market
The ophthalmic viscosurgical devices market are expected to show exponential growth over the forecast
period due to rising number of cataract surgeries globally. According to National Alliance for Eye and
Vision Research & National Eye Institute, 0.2 million people across the U.S. are diagnosed age-related
macular degeneration, and this number is expected to double by the end of 2020. Favorable
reimbursement policies in developed countries will lead to increasing demand of ophthalmic viscosurgical
devices. There are various ophthalmic viscosurgical devices are available in the market, and it is broadly
classified as cohesive OVD and depressive OVD. Dispersive OVD is expected to gain maximum market
share by product type due to its excellent coating and high protection. Based on end user, ophthalmic
viscosurgical devices market is segmented as hospitals, ambulatory surgical centers, and specialty eye
clinics. Among all end user, hospital segment is expected to dominate the market share owing to more
number of cataract surgeries in hospitals.
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On the basis of geography, ophthalmic viscosurgical devices market is classified in five key region viz.
North America, Latin America, Europe, Asia-Pacific and Middle East and Africa. North America is expected
to dominate the ophthalmic viscosurgical devices market by region due to high incidences of cataract
surgeries.
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