Artificial Retina Market Worldwide Industry Analysis, Future Demand and Forecast till 2029
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.
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Market: https://www.omrglobal.com/request-sample/artificial-retina-market
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The market number available for – 2022-2030
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Base year- 2022
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Forecast period- 2023-2030
Segment
Covered-
·
By Type
·
By End User
Regions Covered-
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North America
·
Europe
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Asia-Pacific
·
Rest of the World
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Competitive Landscape- includes Altris,
Inc., Axorus, Bionic Vision Technologies, Intelligent Implants, Ltd., Labtician
Ophthalmics, Inc., and others.
Artificial Retina
Market Report Segment
By Type
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Epiretinal Implants
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Subretinal Implants
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Epineural Implants
By End User
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Hospital
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Clinics
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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
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Latin America
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Middle East and Africa
Company Profiles
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Altris, Inc.
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Axorus
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Bionic Vision Technologies
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Intelligent Implants, Ltd.
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Labtician Ophthalmics, Inc.
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LambdaVision, Inc.
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Medtronic
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Nano Retina
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Nidek Co. Ltd.
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Optobionics
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Retina Implant AG
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Vivani Medical Inc.
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