Retinal Prosthesis Market Analysis, Innovation Trends and Current Business Trends by 2025

The global Retinal Prosthesis market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Retinal Prosthesis market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

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Biocompatibility and long stability of the material used for making retinal implants are the main challenges within the global retinal implants market. These technical challenges have induced manufacturers and researchers to explore the utilization of latest materials and mixtures that will be best suited for human eyes. This issue acts as a serious restraint of the market still as a major opportunity for medical device manufacturers and researchers.

Retinal implants are biomedical microchips designed to produce visual perception to people who have lost vision due to chronic eye diseases like retinitis pigments and age-related macular degeneration. These conditions cause slow degeneration of photoreceptor cells in the retina of human eyes, leading to gradual loss of sight. However, a number of the inner retinal neurons capable of transmitting signals from photoreceptors to the brain are preserved in most cases. Electrical stimulation of these remaining retinal neurons with the help of retinal implants, that are basically microchips containing an array of light-sensitive diodes capable of converting incident light into electrical signals, will help reintroduce some vision to patients.

Market Insights

The global Retinal Prosthesis market is segregated on the basis of Type as Argus II and Implantable Miniature Telescope. Based on Application the global Retinal Prosthesis market is segmented in People with Partial Blindness, People with Complete Blindness, and Retina Implant Alpha AMS.

Competitive Rivalry

Philips Healthcare, Retina Implant, Second Sight Medical Products, Bionic Eye Technologies, Bionic Vision Australia, Vision Care Ophthalmic Technologies, Abbott Vascular and others are among the major players in the global Retinal Prosthesis market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Retinal Prosthesis Market has been segmented as below:

The Retinal Prosthesis Market is segmented on the lines of Retinal Prosthesis Market, By Type, Retinal Prosthesis Market, By Application, Retinal Prosthesis Market, By Region and Retinal Prosthesis Market, By Company.

Retinal Prosthesis Market, By Type this market is segmented on the basis of Argus II and Implantable Miniature Telescope. Retinal Prosthesis Market, By Application this market is segmented on the basis of People with Partial Blindness, People with Complete Blindness and Retina Implant Alpha AMS. Retinal Prosthesis Market, By Region this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World. Retinal Prosthesis Market, By Company this market is segmented on the basis of Philips Healthcare, Retina Implant, Second Sight Medical Products, Bionic Eye Technologies, Bionic Vision Australia, Vision Care Ophthalmic Technologies and Abbott Vascular.

The report covers:

  • Global Retinal Prosthesis market sizes from 2015 to 2024, along with CAGR for 2018-2024
  • Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
  • Global Retinal Prosthesis market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Retinal Prosthesis market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Report Scope:

The global Retinal Prosthesis market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Retinal Prosthesis market share. Major industry players with significant revenue share include Philips Healthcare, Retina Implant, Second Sight Medical Products, Bionic Eye Technologies, Bionic Vision Australia, Vision Care Ophthalmic Technologies, Abbott Vascular, and others.

Reasons to Buy this Report:

  • Gain detailed insights on the Retinal Prosthesis industry trends
  • Find complete analysis on the market status
  • Identify the Retinal Prosthesis market opportunities and growth segments
  • Analyze competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

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Table of Contents:

  1. Introduction
     1.1 Key Insights
    1.2 Report Overview
    1.3 Markets Covered
    1.4 Stakeholders
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
     4.1 Introduction
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Challenges
    4.2 Porter’s Five Force Analysis
  5. Retinal Prosthesis Market, By Type
  6. Retinal Prosthesis Market, By Application
  7. Retinal Prosthesis Market, By Geography
  8. Competitive Insights
  9. Company Profiles
     9.1 Philips Healthcare
    9.1.1 Company Overview
    9.1.2 Product/Service Landscape
    9.1.3 Financial Overview
    9.1.4 Recent Developments
    9.2 Retina Implant
    9.2.1 Company Overview
    9.2.2 Product/Service Landscape
    9.2.3 Financial Overview
    9.2.4 Recent Developments
    9.3 Second Sight Medical Products
    9.3.1 Company Overview
    9.3.2 Product/Service Landscape
    9.3.3 Financial Overview
    9.3.4 Recent Developments
    9.4 Bionic Eye Technologies
    9.4.1 Company Overview
    9.4.2 Product/Service Landscape
    9.4.3 Financial Overview
    9.4.4 Recent Developments
    9.5 Bionic Vision Australia
    9.5.1 Company Overview
    9.5.2 Product/Service Landscape
    9.5.3 Financial Overview
    9.5.4 Recent Developments
    9.6 Vision Care Ophthalmic Technologies
    9.6.1 Company Overview
    9.6.2 Product/Service Landscape
    9.6.3 Financial Overview
    9.6.4 Recent Developments
    9.7 Abbott Vascular
    9.7.1 Company Overview
    9.7.2 Product/Service Landscape
    9.7.3 Financial Overview
    9.7.4 Recent Developments

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