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Artificial Retina Market expected to reach $5,878.4 Thousand by 2031 | CAGR of 8.3%

10-12-2023 04:17 AM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Artificial Retina Market

Artificial Retina Market

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.

๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ :
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…๐จ๐ซ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ 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.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/11243

๐•๐€๐‹๐”๐„ ๐๐‘๐Ž๐๐Ž๐’๐ˆ๐“๐ˆ๐Ž๐๐’ ๐‘๐„๐‹๐€๐“๐„๐ƒ ๐“๐Ž ๐“๐‡๐„ ๐‘๐„๐๐Ž๐‘๐“:

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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