Ophthalmic Devices are those devices which are used for vision correction or in ophthalmic diagnostic interventions. Ophthalmic Viscoelastic Devices (OVD) are essential tools in ocular surgery, especially in anterior segment surgery. GlobalData uses proprietary data and analytics to provide a comprehensive report on the ophthalmic viscoelastic devices (ovd) market in South Korea. Buy the latest report here.

In 2023, GlobalData’s Market Model methodology determined that the leading player in the ophthalmic viscoelastic devices (ovd) market in South Korea was Carl Zeiss Meditec followed by Alcon, Bausch & Lomb, Rayner Intraocular Lenses, Aurolab and Johnson & Johnson Vision Care.

Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.

OVD are the viscoelastic materials used to maintain space in the eye during surgery. Typically, OVDs are pre-packaged in a syringe and are applied using a small tube. Essential properties of OVDs are tied to their physicochemical and rheological properties. Different types of OVDs that are available include higher viscosity cohesive OVD and lower viscosity dispersive OVD. OVDs with both cohesive and dispersive viscoelastic properties are not covered. Ophthalmic Viscoelastic Devices include Cohesive OVD, Dispersive OVD, and Viscoadaptive OVD.

The ophthalmic viscoelastic devices (ovd) market in South Korea can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.

For the latest analysis of the market size ophthalmic viscoelastic devices (ovd) in South Korea, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Medical Intelligence Center Market Models are the gold standard of medical device market valuation, company share estimation and market trend forecasting. GlobalData uses a patient-based forecast model or installed base methodology to determine the market size for therapeutic indications and capital equipment expenditures. Estimates are based on a number of sources, including primary research—KOL and industry contact interviews—and secondary research, such as company reports, press releases, published articles, proprietary databases, and general news media.