Bionic Eye Market

Global Bionic Eye Market Research Report, By Types (External Eye And Implanted Eye), By Technology (Electronic And Mechanical) By End Users (Hospitals, Clinics And Others) - Forecast Till 2023

Study objectives global bionic eye market

• Detail Information about the present and forecasted market with its key players that influences the market on global scale.


• Detail analysis of the market with respect to all the possible segmentation of the market.


• Detail information about the factors affecting the growth of the global bionic eye market


• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global bionic eye market.


• Analysis of the market of the different factors like- price analysis, supply chain analysis, porters five force analysis etc.


• Detail information on the possible segments and sub segments of the market. And regional analysis of the market- America, Europe, Asia Pacific and Middle East and Africa.


• Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped


• Detail information on trends and the opportunities in various regions. 

Intended Audience

• Research and Development (R&D) Companies


• Bionic eye manufacturing company


• Government and Independent Research Laboratories


• Government and Independent Regulatory Authorities


• Contract Research Organizations (CROs)


• Medical Research Laboratories


• Academic Medical Institutes and Universities

Figure 1- Global bionic eye market, by region

Market Scenario:
Bionic eye is also referred as visual prosthetic. It is the artificial visual devices use to restore the visual function of the patient suffering from complete or partial blindness. Many devices and surgeries are developed so as to cure the blindness of the people. Global bionic eye market is driven by increasing number of people suffering from complete or partial blindness. Furthermore, increasing complications of eye due to ageing is another factor for the growth of the market. According to WHO, approximately 250 million people of 50 years age are visually impaired. In many of the developing countries mare than 80 % of people are suffering from eye sight problems while nearly 50% of people did not able to take a proper treatment due to financial conditions. Increasing prevalence of diseases affecting eye sight, technological development and increasing prevalence of diseases like diabetes is also contributed in the growth of the market. While high cost of the treatment may hamper the growth of the market.
Global bionic eye market is growing at a CAGR of 9.8% during forecasted period 2017-2023. 

Segmentation
Global bionic eye market is segmented on the basis of type into external eye and implanted eye. External eye is further sub segmented into retinal prosthesis and microsystem-based visual prosthesis (MIVP). On the basis of technology they are segmented into electronic and mechanical and on the basis of end user he market is segmented into hospitals, clinics and others 

Regional Analysis
On regional basis, America dominates the global bionic eye market. Development in technology and increasing people suffering from eye sight problem due to increasing prevalence of diabetes has driven the growth of the market. Europe commands the second largest market for the bionic eye which is followed by Asia Pacific. 

Key Players for global bionic eye market
Retina Implant AG (Germany), Second Sight (US), Bionic Vision Australia (Australia), The Bionic Eye (UK), Pixium Vision (France), iBionics (Canada)

Market Assessment

The report for global bionic eye market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.