The Global Retinal Implant Market has a rate of CAGR of 11.20% in the forecast period 2022 to 2029
Global Retinal Implant Market-Global Industry Trends & Forecast to 2029
· Data Bridge Market Research analyses that the retinal implant market which was USD 31 billion in 2021, would rocket up to USD 72.48 billion by 2029, and is expected to undergo a CAGR of 11.20% during the forecast period 2022 to 2029.
· In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
· The employment of advanced image processing algorithms and data transfer systems, as well as developing nanofabrication and conductive polymerization techniques, is driving demand for retinal implants in developed North American and European countries.
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Global Retinal Implant Market Scope
The retinal implant market is segmented on the basis of device type, and end-user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Device Type
· Retina implant alpha AMS
· Implantable miniature telescope
· Argus II
· Others
End-user
· Hospitals
· Ambulatory Surgical Centers
· Other
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Retinal implant Market Regional Analysis/Insights
The retinal implant market is analysed and market size insights and trends are provided by country, device type, and end-user as referenced above.
The countries covered in the retinal implant market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Competitive Landscape and Retinal Implant Market Share Analysis
Some of the major players operating in the retinal implant market are:
· Abbott (U.S)
· Bionic Vision Technologies (U.S)
· Drägerwerk AG & Co. KGaA (Germany)
· Labtician Ophthalmics, Inc. (Canada)
· Nano Retina (Israel)
· Koninklijke Philips N.V. (Netherlands)
· Pixium Vision (France)
· Retina Implant AG (Germany)
· Second Sight (U.S)
· VisionCare, Inc. (U.S)
· Visus Technology, Inc. (U.S)
· Boston Retinal Implant Project (U.S)
· IMI Intelligent Medical Implants AG (Germany)
· Cicor Management AG (Switzerland)
COVID-19 Impact on Retinal Implant Market
COVID-19, a highly contagious respiratory virus, presents unique challenges to ophthalmology practice as a high-volume, office-based specialty. Our ophthalmology clinic implemented many operational adjustments in response to the COVID-19 epidemic to improve patient and provider safety while preserving critical clinical activities. The goal of this study was to see how pandemic-era metrics affected retina clinic performance and patient satisfaction and estimate future clinic flow to anticipate operational performance under growing patient and provider numbers.
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