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Europe Artificial Retina Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023
Europe Artificial Retina Market
Market Outline: Europe Artificial Retina Market
Artificial retina is the medical device consists an array of microelectrodes. These devices are implanted into eyes of people those are blind due to the retinal disease. These devices are used in the retinal degenerative disease that causes the damage of photoreceptor cells of retina and leads to complete vision loss. Majorly occurring retinal degenerative diseases include retinitis pigmentosa and age-related macular degeneration. Retinal implants are made up of carbon nanotube biomimetic film with a transmitter and video processing units. These devices restore the vision by capturing light, convert into electrical signals and form an image by stimulating the neurons in retina.
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Market Dynamics: Europe Artificial Retina Market
Drivers:
• Increase in the prevalence of vision impaired patients
• Adoption of newer devices
• Increase in the R&D for the innovation of newer devices
Restraints:
• Stringent regulatory policies for product approval
• Product recall
• High R&D expenditure
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Market Scope: Europe Artificial Retina Market
Europe artificial retina market is segmented on the basis of implant type, disease type, end user, and region
Based on the implant type, Europe artificial retina market is segmented into the following:
• Epiretinal Implants
• Subretinal Implants
Based on the disease type, Europe artificial retina market is segmented into the following:
• Retinitis Pigmentosa
• Age-related Macular Degeneration
• Others
Based on the end user, Europe artificial retina market is segmented into the following:
• Hospitals
• Clinics
• Ambulatory Surgical Centers
Based on the Country, Europe Artificial retina market is segmented into the following:
• Germany
• France
• U.K
• Italy
• Spain
• Russia
• Poland
• Rest of Europe
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Competition Assessment: Europe Artificial Retina Market
Some of the players in the Europe Artificial retina market include:
• Second sight Medical Products, Inc. (U.S.)
• Retina Implant AG (Germany)
• Nidek co. Ltd. (Japan)
• Intelligent Medical implants (Germany)
• Pixium Vision (France)
Notable Market Developments: Artificial Retina Market
• In November 2017, Second Sight received German approval to begin the Argus II, a retinal prosthesis system study in retinitis pigmentosa patients
Key Features of the Report:
• The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key marketdevelopments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
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About Precision Business Insights
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