Ophthalmic viscoelastic devices market seen reaching $3.47 billion by 2030

11 hours ago
By AI, Created 12:40 UTC, Aug 20, 2026, AGP -

The ophthalmic viscoelastic devices market is projected to grow from $2.72 billion in 2025 to $3.47 billion by 2030, driven by rising eye surgeries, aging populations and demand for safer procedures. North America led the market in 2025, while Asia-Pacific is expected to be the fastest-growing region.

Why it matters: - Ophthalmic viscoelastic devices help make eye surgery safer by protecting tissues and maintaining space inside the eye. - Rising surgical volumes and demand for better outcomes are supporting market growth across cataract, corneal transplant and retinal procedures. - The market outlook points to stronger demand for advanced materials and minimally invasive techniques.

What happened: - The Business Research Company said the global ophthalmic viscoelastic devices market is expected to rise from $2.72 billion in 2025 to $2.85 billion in 2026. - The company forecast the market will reach $3.47 billion by 2030. - The projected compound annual growth rate is 4.7% for 2025 to 2026 and 5.1% through 2030. - The report was published Aug. 20, 2026, from London. - The company also posted a free sample report and the full market report.

The details: - Ophthalmic viscoelastic devices, or OVDs, are gel-like substances used during certain eye surgeries. - OVDs create and maintain space inside the eye, protect intraocular tissues and help surgeons maneuver instruments. - The devices are typically transparent, viscous and elastic, and are designed to mimic natural eye fluids. - Historical growth has been driven by more cataract surgeries, an aging global population, wider use of intraocular surgical techniques, more ophthalmology clinics and better access to eye care. - Future growth is tied to demand for superior surgical outcomes, efforts to reduce complications, more advanced ophthalmic surgery centers, higher eye care investment and adoption of new viscoelastic materials. - Expected product trends include advanced viscoelastic formulations, dual-property devices, stronger tissue protection, minimally invasive eye surgery and improved shelf stability and biocompatibility. - The report says North America held the largest market share in 2025. - The report says Asia-Pacific will be the fastest-growing region during the forecast period. - Coverage spans Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The 2026 report package includes market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics, key technologies and future trend analysis.

Between the lines: - Cataract surgery is a major demand driver because it is already a large share of overall surgery volume in the UK and is still projected to climb. - NHS England said in May 2023 that cataract surgery accounted for 6% of all surgical procedures performed annually in the UK, with more than 450,000 operations each year. - NHS England projected cataract surgeries would rise 25% by 2027 and 50% by 2035. - The market's growth rate is steady rather than explosive, which suggests a mature but expanding segment tied to broader eye-care capacity.

What's next: - Market growth will likely track surgical volumes, especially in cataract care and other procedures that rely on OVDs. - Adoption of newer viscoelastic formulations and dual-property devices may shape product competition through 2030. - Investment in eye-care infrastructure and advanced surgery centers should remain a key demand driver.

The bottom line: - Ophthalmic viscoelastic devices are set for steady expansion as global eye surgery volumes rise and hospitals push for safer, more precise procedures.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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