Artificial Retina Market Trends Estimates High Demand By 2026 - PowerPoint PPT Presentation

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Artificial Retina Market Trends Estimates High Demand By 2026

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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. – PowerPoint PPT presentation

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Title: Artificial Retina Market Trends Estimates High Demand By 2026


1
Artificial Retina Market Growing Rapidly Due To
Rising Innovation By 2026
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 early
development of the product. A lot of players in
the artificial retina market are making major
investments in RD activities related to the
same. These devices are expected to cater to
various visual impaired conditions ranging from
age- related macular degeneration (AMD) to
retinispigmentosa (RP). As per independent
estimates, in 2016, there were over 100,000
people suffering from RP in the U.S. Advent of
this novel technology could unlock the market
opportunities for players. A major breakthrough
in this regard was in 2013, when the U.S. FDA
approved Argus II Retinal Prosthesis Systemthe
first implanted device to treat population with
RP. The market for such revolutionary products is
expected to be shaped by various regulatory
norms worldwide. Request Sample Copy of
Research Report https//www.coherentmarketinsigh
ts.com/insight/request-sample/13 Artificial
Retina Market Dynamics 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
2
  • worldwide. However, the pricing trend could
    potentially benefit the company on a shorter
    scale during the forecast period. Most major
    players stand to gain from investing in RD
    activities to capitalize on long-term lucrative
    opportunities due to patent products and
    innovative technologies. In recent times, the
    artificial retina market has also witnessed the
    emergence of various startups especially in the
    high growth markets for U.S. and Israel.
    Artificial retina would create value-oriented
    customers in near future for these manufacturers.
  • Increasing prevalence of visually impaired
    population coupled with growing healthcare
    expenditure across developed and developing
    countries alike is expected to drive growth of
    the eye care market in the near future. As per
    the statistics released by the U.S. government,
    the healthcare sector is expected to contribute
    around 20 towards the overall GDP. Moreover,
    there has been increase in healthcare spending
    owing to implementation of Medicare and
    Obamacare in the country. A similar trend is
    observed in Europe, albeit at a relatively slower
    pace.
  • Report includes chapters which deeply display the
    following deliverable about industry
  • Artificial Retina Market Research Objective and
    Assumption
  • Artificial Retina Market Purview - Report
    Description, Executive Summary, and Coherent
    Opportunity Map (COM)
  • Artificial Retina Market Dynamics, Regulations,
    and Trends Analysis - Market Dynamics,
    Regulatory Scenario, Industry Trend, Merger and
    Acquisitions, New system Launch/Approvals, Value
    Chain Analysis, Porters Analysis, and PEST
    Analysis
  • Global Artificial Retina Market, By Regions
  • Artificial Retina Market Competition by
    Manufacturers including Production, Share,
    Revenue, Average Price, Manufacturing Base
    Distribution, Sales Area and Product Type.
  • Artificial Retina Market Manufacturers
    Profiles/Analysis including Company Basic
    Information, Manufacturing Base and Its
    Competitors.
  • Artificial Retina Market Manufacturing Cost
    Analysis including Key Raw Materials and Key
    Suppliers of Raw Materials.
  • Industrial Chain, Sourcing Strategy and
    Downstream Buyers including Upstream Raw
    Materials Sourcing and Downstream Buyers
  • Marketing Strategy Analysis, Distributors/Traders
    including Marketing Channel, Market Positioning
    and Distributors/Traders List.
  • Market Effect Factors Analysis including
    Technology Progress/Risk, Consumer Needs/Customer
    Preference Change and Economic/Political
    Environmental Change.
  • Artificial Retina Market Forecast including
    Production, Consumption, Import and Export
    Forecast by Type, Applications and Region.
  • Research Findings and Conclusion

3
  • Some of the key players in the global artificial
    retina market are Nano-Retina, Second Sights,
    and Optobionics.
  • Table of Contents of Artificial Retina Market
    Market Report
  • Research Objective and assumption
  • Market Purview
  • Market Dynamics, Regulations, and Trends Analysis
  • Artificial Retina Market Market, By Advanced
    Water Meters, 2018 - 2026 (USD Million)
  • Artificial Retina Market Market, By Service, 2018
    - 2026 (USD Million)
  • Artificial Retina Market Market, By Solution,
    2018 - 2026 (USD Million)
  • Artificial Retina Market Market, By Regions, 2018
    - 2026 (USD Million)
  • Competitive Landscape
  • Inquire Here Before Purchase https//www.coherent
    marketinsights.com/insight/talk-to-analyst/13
  • Artificial Retina Market Regional Analysis
  • North America and Europe are expected to dominate
    the overall artificial retina market throughout
    the forecast period (20162024). This is
    primarily attributed to robust healthcare
    infrastructure and high spending on healthcare
    RD in these regions. The healthcare industry in
    North America is undergoing major transformation
    following the implementation of various
    healthcare reforms. Moreover, the region is home
    to over 10 million visually impaired population
    seeking effective treatment. Every year, 50
    thousand people go blind in North America.
    Advancements in development of artificial retina
    is projected to create lucrative growth
    opportunities for market players in the region.
    Most of the countries in Europe and North
    America have healthcare spending of over 10 of
    overall GDP.
  • Asia Pacific is projected to emerge as the next
    big market for industry players. The region is
    home to over 55 of the global visually impaired
    population. The rate of RP is highest in Asia
    Pacific compared to other regions. However, the
    artificial retina market in the region is
    projected to grow at relatively slower pace
    through the forecast period. The region is
    expected to be primarily driven by high demand
    in Japan, followed by China and India,
    respectively.

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4
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1-206-701-6702 Email sales_at_coherentmarketinsigh
ts.com
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