Press release
Artificial Retina Market Analysis, Size, Trends and Future Growth, 2023
Explore Report Sample at: https://www.psmarketresearch.com/market-analysis/artificial-retina-market/report-sample
Retinal implants hold the promise of restoring vision with tiny prosthetic devices that capture light, convert it into electrical signals and then stimulate the neurons in the retina so that the brain can form an image. Retinal implants are used to treat AMD and RP and are generally used in multi-specialty hospitals, ophthalmic clinics, and research institutes.
Increase in the prevalence of visually impaired patients, growing healthcare expenditure, rising government investment in R&D for artificial retina, and rise in geriatric population are the key factors driving the artificial retina market, globally. According to the World Health Organization (WHO) Prevention of Blindness and Deafness Programme, around 285 million people are visually impaired worldwide, 39 million are blind and 246 million have low vision (severe or moderate visual impairment), and the top causes of the blindness are cataracts, glaucoma and AMD.
The players in the market are in the process of receiving the CE approval for the artificial retinal implants. For instance, in September 2017, Pixium Vision, announced that it has received CE approval from European Medicines Agency (EMA) on its epi-retinal IRISII system, for outer retinal degeneration, including Retinitis Pigmentosa. Before that, in March 2016, Retina Implant AG, received CE certification for its RETINA IMPLANT Alpha AMS subretinal implant, which can restore part of the sight of blind people suffering from RP. A shorter than expected lifespan of the device was noticed in this set of patients. This presents no risk to the patients with retinal implants, since the innovative exchangeable design of IRISII allows for a replacement of the device. A first replacement was already completed successfully during the clinical study.
Explore Report at: https://www.psmarketresearch.com/market-analysis/artificial-retina-market
Some of the key players operating in the artificial retina industry include Nano Retina, Second Sight Medical Products, Inc., Optobionics, Aetna Inc., Pixium Vision, Retina Implant AG and Bionic Vision Technologies Pty Ltd.
About P&S Market Research
P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.
With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.
Contact:
P&S Market Research
Executive – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Artificial Retina Market Analysis, Size, Trends and Future Growth, 2023 here
News-ID: 870435 • Views: …
More Releases from P&S Market Research - Medical Devices
Global Beauty Devices Market Is Driven By Increasing Prevalence Of Skin Diseases
According to the study, the global beauty devices market is likely to grow from $27.8 billion in 2016 to $94.3 billion by 2023. Increasing prevalence of skin diseases, growing aging population, increasing hormonal disorders and high disposable income are some of the major factors driving the growth of the global beauty devices market. The market is further expected to gain revenue due to increasing hormonal disorders and increasing awareness about…
Medical Connectors Market 2023 - Global Industry Trends, Analysis, Growth and Fu …
Global medical connectors market is forecasted to attain a value of $2.8 billion by 2023, growing at CAGR of 6.3% during 2017-2023. The growth in the market is boosted by the rising demand for miniaturized connectors, progress in the medical devices industry, increasing geriatric population and surgeries and increasing prevalence of chronic diseases.
Explore Report Sample at: https://www.psmarketresearch.com/market-analysis/medical-connector-market/report-sample
Based on product, the medical connectors market has been categorized into board to board,…
Sterilization Technology Market - Global Industry Analysis, Size, Growth and Dem …
Global sterilization technology market is forecasted to attain $7.5 billion value by 2023, growing at a CAGR of 9.0% during 2017-2023. The boost in demand of sterilization processes is due to the increasing prevalence of healthcare associated infections (HAIs), growing demand for sterilized pharmaceutical products, expanding demand for less invasive surgical procedures, and growing aging population.
Explore Report Sample at: https://www.psmarketresearch.com/market-analysis/sterilization-technology-market/report-sample
In terms of products & services, the sterilization technology market has…
Dialysis Market Analysis, Size, Share, Trends and Future Scope
Dialysis is a process that involves clinical purification of blood, by removing waste such as urea, creatinine, and excess water from blood and is majorly used as an artificial replacement of kidney function in the patients. Dialysis also find its application in patients suffering from chronic renal failure, renal diseases, and kidney transplant. According to the Centers for Disease Control and Prevention (CDC), around 4.9 million adults were diagnosed with…
More Releases for Retina
Artificial Retina Market Revenue 2019: Nano-Retina, Second Sights
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 the…
Artificial Retina Market Analysis 2019 with Second Sight, Nano Retina, Retina Im …
Artificial retina manufacturers are collaborating with hospitals to provide product and service which is key driver for the market. MRFR Analysis indicates that Product innovation is a key trend followed in artificial retina market.
Increasing prevalence of visually impaired population coupled with growing healthcare expenditure across developed and developing countries alike is expected to propel the growth of Artificial Retina market in the recent future. A various statistic indicates that, the…
Artificial Retina Market - Nano-Retina, Second Sights, and Optobionics
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 engaged in…
Artificial Retina Market 2018 Key Players: SECOND SIGHT, Nano Retina, Retina Imp …
The, Artificial Retina Market inquire about report is developing with the quick pace; chiefly due the prospering Healthcare Sector. As per a current report distributed by the Market Research Future, The Artificial Retina Industry Research report is blasting and anticipated that would pick up unmistakable quality over the conjecture time frame. The Market is anticipated to exhibit a colossal development by 2023, outperforming its past development records as far as…
Artificial Retina Market 2017: Key Players- SECOND SIGHT, Nano Retina, Retina Im …
The Global Artificial Retina Market research report is growing with the rapid pace; mainly due the burgeoning Healthcare Sector. The study report Global Artificial Retina Market covers the market analysis for the regions - North America, Europe, Asia Pacific/ Southeast Asia and Row and country analysis of China, Japan, and India focusing on top manufacturers in world market and the market share they hold including their contribution to the market…
Artificial Retina Market 2017: Key Players- SECOND SIGHT, Nano Retina, Retina Im …
Market Research Future adds new report of “Artificial Retina Market Research Report” it contains Company information, geographical data and Table of Content
Global Artificial Retina Market information, by Type of Retinal implant (Epiretinal Implants, Subretinal Implants), by End User (Eye hospitals, Research laboratories, and others) - Forecast to 2023
Get a Copy of Sample Report @ https://www.marketresearchfuture.com/sample_request/2812
Segments: …
