Title: Artificial Retina Market Trends Estimates High Demand By 2026
1Artificial 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.
About Coherent Market Insights Coherent Market
Insights is a prominent market research and
consulting firm offering action-ready syndicated
research reports, custom market analysis,
consulting services, and competitive analysis
through various recommendations related to
emerging market trends, technologies, and
potential absolute dollar opportunity.
4Contact Us Mr. Shah Coherent Market Insights
1001 4th Ave, 3200 Seattle, WA 98154 Tel
1-206-701-6702 Email sales_at_coherentmarketinsigh
ts.com