Press release
Artificial Eye Market is forecasted to reach USD 3.1 Billion by 2030 : Cognitive Market Research
Artificial Eye Market is forecasted to reach USD 3.1 Billion by 2030 : Cognitive Market Research
A form of cranial prosthesis known as an ocular prosthesis, artificial eye, or glass eye replaces a missing natural eye after an enucleation, evisceration, orbital exenteration. The rise in the number of people suffering from complete or partial blindness is a vital factor escalating the market growth, Moreover, the availability of comparably less expensive alternative treatments and the high cost of therapy are anticipated to limit market growth. The market will expand in the upcoming years due to low-cost artificial eye implantation techniques and other technological advancements in the manufacture of these prosthetics.
Summary:
The Global Artificial Eye market was valued at USD 1.8 Billion in 2022 and is projected to reach USD 3.1 Billion by 2030, registering a CAGR of 7.1% for the forecast period 2023-2030.
Market Dynamics:
• Increasing the geriatric population is expected to grow the Artificial Eye market
The aging population is one of the key factors contributing to the increased prevalence of eye problems. Age-related eye disorders are more likely to occur due to increasing age. Among the most prevalent age-related eye conditions are cataracts, glaucoma, macular degeneration(AMD), and diabetic retinopathy. If ignored these disorders can result in gradual eyesight loss, impacting everyday activities and general quality of life. Moreover, refractive errors and age-related eye problems also increased, resulting in visual impairment. Many people around the world are affected by myopia, hyperopia, and presbyopia. These problems result in the form of anomalies in the eye's shape, which makes it difficult to focus on objects at different distances, thus the use of eye machines and artificial eyes are driving the market growth.
Restraining factor for Artificial Eye Market
• The high cost of devices is restraining the Artificial Eye Market (Available on- https://www.cognitivemarketresearch.com/artificial-eye-market-report)
Market Segmentation:
Type:
• Moulded Prosthesis
• Cosmetic Shell
Product Type:
• Integrated
• Semi-integrated
• Non-integrated
Integrated implants are made of permeable material such as porous polyethylene. These materials enable the tissue in the eye socket to grow into the implant, consequently making it an effective body part. This allows them to function as an integral part of the body. The porosity nature of integrated implants facilitates fibrovascular ingrowth throughout the implant making it possible for the insertion of posts.
Technology:
• Electronic
• Mechanical
The electronic market is expanding at a rapid rate as the industry is been driven by a number of factors technological development and digitalization is the most booming market. The market for consumer electronics is currently lucrative. Due to the existence of multiple major manufacturers, an expanding population has led to the market growth of the segment
End User:
• Hospitals
• Ambulatory surgical centers
• Others
Shell Type:
• Single shell
• Double shell
Get free sample pages of latest published Artificial Eye Market Report: https://www.cognitivemarketresearch.com/artificial-eye-market-report#request_sample
Competitive Analysis for Artificial Eye Market:
• Alcon Inc
• Bionic Vision Technologies
• Carl Zeiss AG
• Erickson Laboratories and F.AD
• Muller Sohne GmbH and Co. KG
• Ferdinand A. Forster GmbH
• Integrated Orbital Implants
• International Prosthetic Eye Center
• Marie Allen Ocularist Ltd
• Midwest Eye Laboratories
• Molteno Ophthalmic
• Nano Retina
• Others (Available on- https://www.cognitivemarketresearch.com/artificial-eye-market-report)
Regional Analysis:
North America's artificial eye market is forecasted to experience a positive outlook over the coming years due to supportive government policies, expanding healthcare landscape, increasing medical tourism, and rising healthcare costs in the region. According to the CDC, the annual economic impact of vision-related health problems in the United States is around USD 51.4 billion. The frequency of various vision impairments and chronic eye disorders is rising across the diverse economies of North America, which will boost the value of artificial eyes.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research Methodology Review Complete Research Methodology
Chapter 3 Executive Summary of Gate Driver IC Market
• 3.1 Global Gate Driver IC Market Size 2018 - 2030, (USD Million)
• 3.2 Global Gate Driver IC Value, Absolute & Opportunity Analysis
• 3.3 Global Gate Driver IC Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Gate Driver IC Market Statistics 2022: Snapshot
Chapter 4 Global Gate Driver IC Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Gate Driver IC Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Gate Driver IC Industry Mergers and Acquisition Analysis
• 5.3 Global Gate Driver IC New Launches Analysis
• 5.4 Company Categorization
• 5.5 Global Gate Driver IC Top Winning Strategies, by Manufacturers (2018-2022)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Gate Driver IC Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Gate Driver IC Market by Product Type Segmentation Analysis (2018-2030)
Chapter 11 Global Gate Driver IC Market by Technology Segmentation Analysis (2018-2030)
Chapter 12 Global Gate Driver IC Market by End User Segmentation Analysis (2018-2030)
Chapter 13 Global Gate Driver IC Market by Shell Type Segmentation Analysis (2018-2030)
Chapter 14 Global Gate Driver IC Market Regional Analysis
Chapter 15 North America Gate Driver IC Market Outlook (2018 - 2030)
Chapter 16 Europe Gate Driver IC Market Outlook (2018 - 2030)
Chapter 17 Asia Pacific Gate Driver IC Market Outlook (2018 - 2030)
Chapter 18 Latin America Gate Driver IC Market Outlook (2018 - 2030)
Chapter 19 Middle East and Africa Gate Driver IC Market Outlook (2018 - 2030)
Chapter 20 Research Findings
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To know more the Artificial Eye Market TOC click here: https://www.cognitivemarketresearch.com/artificial-eye-market-report#table_of_contents
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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