Retinal Prosthesis Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type ( Argus II, Retina Implant, Alpha-IMS, Implantable Miniature Telescope (IMT), Other ); Application ( People with Partial Blindness, People with Complete Blindness, Retina Implant Alpha AMS) and Geography
Report Code: TIPRE00019285 No. of Pages: 150 Category: Medical Device Status: Upcoming
MARKET INTRODUCTION
Retinal prosthesis, a type of bionic eye, are implantable electronic devices intended to stimulate the sensation of vision in the eyes of individuals with significant retinal diseases such as age-related macular degeneration or retinitis pigmentosa where the optic nerve and visual cortex are unaffected. The restoration of vision can be achieved by creating devices, retinal prostheses, that receive and process incoming light and then transmit the information in the form of electrical impulses to the remaining inner retinal layers for visual function.
MARKET DYNAMICS
Factors such as growing burden of eye diseases across the globe and the technological advancements in the implants will spur the demand for retinal prosthesis market. Additionally, rising R&D due to high healthcare expenditure and growing awareness regarding degenerative conditions will boost the market growth to significant extent over the forecast period. However, high cost of retinal prosthesis impede the growth of the market in the forecasted period.
MARKET SCOPE
The "Global Retinal Prosthesis Market Analysis to 2027" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of Retinal Prosthesis market with detailed market segmentation by type, application, and geography. The global Retinal Prosthesis market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Retinal Prosthesis market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global retinal prosthesis market is segmented on type, and application. Based on type, the global retinal prosthesis market is segmented into argus II, retina implant, alpha-IMS, implantable miniature telescope (IMT), and others. Based on application, the global retinal prosthesis market is segmented into people with partial blindness, people with complete blindness, and retina implant alpha AMS.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Retinal Prosthesis market based on various segments. It also provides market size and forecast estimates from year 2019 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Retinal Prosthesis market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Retinal Prosthesis market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Retinal Prosthesis market in these regions.
The reports cover key developments in the Retinal Prosthesis market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Retinal Prosthesis market are anticipated to lucrative growth opportunities in the future with the rising demand for Retinal Prosthesis market in the global market. Below mentioned is the list of few companies engaged in the Retinal Prosthesis market.
The report also includes the profiles of key Retinal Prosthesis market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Retinal prosthesis, a type of bionic eye, are implantable electronic devices intended to stimulate the sensation of vision in the eyes of individuals with significant retinal diseases such as age-related macular degeneration or retinitis pigmentosa where the optic nerve and visual cortex are unaffected. The restoration of vision can be achieved by creating devices, retinal prostheses, that receive and process incoming light and then transmit the information in the form of electrical impulses to the remaining inner retinal layers for visual function.
MARKET DYNAMICS
Factors such as growing burden of eye diseases across the globe and the technological advancements in the implants will spur the demand for retinal prosthesis market. Additionally, rising R&D due to high healthcare expenditure and growing awareness regarding degenerative conditions will boost the market growth to significant extent over the forecast period. However, high cost of retinal prosthesis impede the growth of the market in the forecasted period.
MARKET SCOPE
The "Global Retinal Prosthesis Market Analysis to 2027" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of Retinal Prosthesis market with detailed market segmentation by type, application, and geography. The global Retinal Prosthesis market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Retinal Prosthesis market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global retinal prosthesis market is segmented on type, and application. Based on type, the global retinal prosthesis market is segmented into argus II, retina implant, alpha-IMS, implantable miniature telescope (IMT), and others. Based on application, the global retinal prosthesis market is segmented into people with partial blindness, people with complete blindness, and retina implant alpha AMS.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Retinal Prosthesis market based on various segments. It also provides market size and forecast estimates from year 2019 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Retinal Prosthesis market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Retinal Prosthesis market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Retinal Prosthesis market in these regions.
The reports cover key developments in the Retinal Prosthesis market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Retinal Prosthesis market are anticipated to lucrative growth opportunities in the future with the rising demand for Retinal Prosthesis market in the global market. Below mentioned is the list of few companies engaged in the Retinal Prosthesis market.
The report also includes the profiles of key Retinal Prosthesis market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Koninklijke Philips N.V.
- Retina Implant AG
- Second Sight
- Bionic Eye Technologies, Inc
- Bionic Vision Technologies.
- VisionCare Ophthalmic Technologies, Inc.
- Abbott
- NanoRetina
- Center for Neural Interfaces
- NIDEK CO., LTD.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.