Press release
Artificial Retina Market expected to reach $5,878.4 Thousand by 2031 | CAGR of 8.3%
Artificial retina is a minimally invasive surgical device that is implanted in the layer of degenerated photoreceptor cells in patient with various degenerative retinal disease such as retinitis pigmentosa and age-related macular degeneration. Retinitis pigmentosa is an inherited eye disease which affects the light sensitive layer of cells in the back of the eye and cause breakdown of this layer slowly over the time, that further led to vision loss. The artificial retina system consists of carbon nanotube biomimetic film, protective eyeglasses with a camera, digital projector, and portable processor. The wireless implant collects sigarels from the small camera located on the protective eyeglasses and sends the signal to portable processor and the image is created by digital projector. There are different types of artificial retina used in vision impairment conditions: epiretinal implant, subretinal implant, and others.๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Nano Retina, Nidek Co., Ltd., Nano Retina,, Axorus, Aetna Inc., Labtician Ophthalmics, Inc., Intelligent Medical implants,, LambdaVision, Inc., Second Sight,, Bionic Vision Australia,, Pixium Vision, Optobionics,, Nidek Co. Ltd.,, Retina Implant AG,, Medtronic, Pixium Vision,, Optobionics, Bionic Vision Technologies, Vivani Medical Inc., Altris, Inc.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/11243
On the basis of product type, the market is classified into epiretinal implants, subretinal implants and others (suprachoroidal implants and scleral cavity implant). The subretinal implants segment was the highest revenue contributor to the market in 2021. The same segment is expected to be the fastest growing segment during the forecast period, owing to availability of subretinal implant, and the rise in R&D activities for developing advanced subretinal implants. In addition, subretinal implant has various advantages over epiretinal implants such as subretinal implant does not require any external hardware beyond the implanted micro photodiodes array and have simple design.
Region wise, the market is studied into North America and LAMEA. North America has the highest market share in 2021, and is expected to maintain its lead during the forecast period. However, LAMEA is expected to exhibit fastest growth during the forecast period, owing to improvement in healthcare awareness, rise in R&D activities for developing innovative artificial retina systems, development in healthcare facilities, and surge in healthcare expenditure.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/11243
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Product innovation is a key artificial retina market trend. The ophthalmic industry has become more competitive over the last few years. Established ophthalmic product categories have become more mature, in turn offering low level of market opportunity for players. Most companies are emphasizing on price level strategy in order to enhance their business presence worldwide. However, the pricing trend could potentially benefit the company on a shorter scale during theโฆ
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Artificial Retina is new hope for blind people and helps blind person to see objects. Artificial retina is placed either in the internal surface of the retina or outer surface of retina. There are around 1.5 million people suffering from retinitis pigmentosa which ultimately causes blindness. Approximately, 280 million people with visual impairment and about 40 million people are completely blind.
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Some of theโฆ
Artificial Retina Market Insights With Key Players Nano-Retina, Second Sights, a โฆ
Artificial retina market is a major breakthrough in medical devices industry, wherein many universities and leading medical devices companies are conducting research to offer vision to over 285 million visually impaired population worldwide. These devices are mainly nanorod carbon nanotube biomimetic films along with accessory devices such as transmitter and video processing unit (VPU). As such progressive development towards artificial retina is expected to create high ROI for engagedโฆ
Artificial Retina Market Unique Scenario by Key Vendors Like: Second Sight, Nano โฆ
Global Market for Artificial Retina is growing steady and expected to continue its growth near future. Global Artificial Retina Market is expected to grow US$ 102.9 million by 2023 at CAGR of 2.1%.
Global Artificial Retina Market - Key Players
Some of the key players in this market are:
Second Sight (US)
Nano Retina (Israel)
Retina Implant AG (Germany)
Pixium Vision (France)
Bionic Vision Australia
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Global Artificial Retina Market - Segments
Global Artificial Retinaโฆ
