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Artificial Retina Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

10-12-2023 03:49 PM CET | Health & Medicine

Press release from: Orion Market Research

Artificial Retina Market is Anticipated to Increase at a Stable

The global artificial retina market is anticipated to grow at a CAGR of 8.1% during the forecast period (2023-2030). Retinal diseases are increasingly causing visual impairment on a global scale. According to the National Library of Medicine, retinal disorders affect 52.4% of individuals aged 60 years and above. Common retinal disorders include AMD, hypertensive retinopathy, ERM, BRVO, and DR. These disorders become more prevalent with age and are often associated with hypertension and prior cataract surgery. Hence, companies are dedicating their efforts to product development, employing various strategies such as partnerships, mergers, and acquisitions.

For instance, in August 2022, Second Sight merged with Nano Precision Medical, a biotech startup that is developing its own implant for drug delivery. Second Sight's technologies are now being spun out into a new company called Cortigent. Cortigent will not be developing or building any retinal-device upgrades for the Argus II, however, it will continue to provide replacement parts for existing users. The company's focus will be on developing the Orion brain implant, which is designed to restore vision to blind people. Cortigent is also developing a new device to help people recover mobility after suffering a stroke.

To Request a Sample of our Report on Artificial Retina Market: https://www.omrglobal.com/request-sample/artificial-retina-market

Market Coverage

• The market number available for - 2022-2030

• Base year- 2022

• Forecast period- 2023-2030

Segment Covered-

· By Type

· By End User

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

• Competitive Landscape- includes Altris, Inc., Axorus, Bionic Vision Technologies, Intelligent Implants, Ltd., Labtician Ophthalmics, Inc., and others.

Artificial Retina Market Report Segment

By Type

• Epiretinal Implants

• Subretinal Implants

• Epineural Implants

By End User

• Hospital

• Clinics

• Research Institutes

A full Report of Artificial Retina Market is Available @ https://www.omrglobal.com/industry-reports/artificial-retina-market

Artificial Retina Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

• Altris, Inc.

• Axorus

• Bionic Vision Technologies

• Intelligent Implants, Ltd.

• Labtician Ophthalmics, Inc.

• LambdaVision, Inc.

• Medtronic

• Nano Retina

• Nidek Co. Ltd.

• Optobionics

• Retina Implant AG

• Vivani Medical Inc.

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/artificial-retina-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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