Global Ophthalmic Viscoelastic Devices Market Size 2024, Forecast To 2033

The ophthalmic viscoelastic devices market size has grown steadily in recent years. It will grow from $2.61 billion in 2023 to $2.73 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historic period can be attributed to rise in cataract surgeries, advancements in ophthalmic surgery techniques, aging population demographics, increased incidence of eye disorders, increased patient awareness and access to eye care. The ophthalmic viscoelastic devices market size is expected to see steady growth in the next few years. It will grow to $3.2 billion in 2028 at a compound annual growth rate (CAGR) of 4.0%. The growth in the forecast period can be attributed to technological refinements in device design, expanding applications in eye surgery, rising demand for premium intraocular lenses, global efforts in eye health and vision care, market penetration in emerging economies, collaborations and training programs in ophthalmology. Major trends in the forecast period include customized ophthalmic solutions, regulatory compliance and quality assurance, collaborations and partnerships, patient preference for premium products, continuous research and development.