Ocular Adhesive Market Size, Share & Trends Analysis Report By Type, By Application (Tissue Engineering, Conjunctival Surgery, Refractive Surgery, Vitreo Retinal Surgery, And Corneal Surgery), By End-user, And By Region, And Segment Forecasts, 2022 To 2030

The ocular adhesive market is growing rapidly due to its increasing application in treating corneal wounds and refractive surgeries. The major factors that are driving the growth of the global ocular adhesives market include the increasing cases of corneal ulcers and the rising prevalence of refractive errors. Additionally, the rising demand for ocular adhesives as an alternative to traditional wound closure procedures using sutures is driving the market. However, the high cost associated with ocular adhesives may hinder the market growth.

Ocular adhesive are often used as an alternative to the traditional wound closure techniques, i.e., sutures in ophthalmic surgery. The ocular adhesives are easy to use and can minimize complications after surgery. The ocular adhesives are non-toxic, biocompatible, easily applicable, quickly seal the surgical site, offer permeability to essential gases and nutrients, and act as a microbial barrier. Also, they are cost-effective, possess long shelf life, and ability to easily incorporate biological compounds and drugs. Owing to a wide range of advantages and characteristics, ocular adhesives are used in all ophthalmic surgeries such as refractive surgery, cataract, conjunctiva, and corneal surgeries, etc.

The ocular adhesive market is segmented based on type into natural adhesives and synthetic adhesives. Natural adhesives are usually made up of naturally derived polymers, such as proteins, polysaccharides, chondroitin, dextran, and hyaluronic acid. Whereas synthetic adhesives are based on polyethylene glycol (PEG), cyanoacrylates, dendrimer, and other synthetic polymers. Based on application, the ocular adhesive market is segmented into tissue engineering, conjunctival surgery, refractive surgery, vitreoretinal surgery, and corneal surgery. Additionally, based on the end-user, the market is segmented into hospitals, ophthalmic clinics, and ambulatory surgical centers.

Ocular Adhesive Market: Segmentation

The application of ocular adhesives has resulted in better eye vision and lower surgical time. These ocular adhesives are used in wound closure thus improving post-surgical conditions without conceding the wound strength. Every type of ocular adhesives has its specific advantages and limitations and thus are applied in diverse indications.

Major companies operating in the ocular adhesive market are Johnson & Johnson, Hyperbranch Medical Technology Inc., Reliance Life-Sciences, Ocular Therapeutix Inc., Connexicon Medical Ltd., Thermogenesis Corp., Medline Industries, Concord Drugs Limited, Baxter Ag, and CSL Behring Gmbh,