Retinal Implant Trends and Forecast
The future of the global retinal implant market looks promising with opportunities in the hospital, outpatient facility and research & manufacturing markets. The global retinal implant market is expected to reach an estimated $67.3 million by 2030 with a CAGR of 8.4% from 2024 to 2030. The major drivers for this market are increase prevalence of retinal diseases globally, growing number of elderly people, and rising incidence of the targeted diseases.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Retinal Implant by Segment
The study includes a forecast for the global retinal implant by type, end use, and region.
Retinal Implant Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Retina Implant Alpha AMS
• Implantable Miniature Telescope
• Argus II
• Others
Retinal Implant Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Outpatient Facilities
• Research & Manufacturing
• Others
Retinal Implant Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Retinal Implant Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies retinal implant companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the retinal implant companies profiled in this report include-
• Vivani Medical
• Pixium Vision
• Boston Retinal Implant Project
• Nano Retina
• Labtician Ophthalmics
• LambdaVision
• Bionic Vision Technologies
• Nidek
• Retina Implant
• Optobionics
Retinal Implant Market Insights
Lucintel forecasts that retina implant alpha AMS will remain the largest segment over the forecast period due to high incidence of macular degeneration linked to aging.
Within this market, hospital will remain the largest segment due to the accessibility of ocular specialists.
North America will remain the largest region over the forecast period due to an established and robust pharmaceutical industry exists in the region.
Features of the Global Retinal Implant Market
Market Size Estimates: Retinal implant market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Retinal implant market size by type, end use, and region in terms of value ($M).
Regional Analysis: Retinal implant market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, end uses, and regions for the retinal implant market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the retinal implant market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the retinal implant market size?
Answer: The global retinal implant market is expected to reach an estimated $67.3 million by 2030.
Q2. What is the growth forecast for retinal implant market?
Answer: The global retinal implant market is expected to grow with a CAGR of 8.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the retinal implant market?
Answer: The major drivers for this market are increase prevalence of retinal diseases globally, growing number of elderly people, and rising incidence of the targeted diseases.
Q4. What are the major segments for retinal implant market?
Answer: The future of the retinal implant market looks promising with opportunities in the hospital, outpatient facility and research & manufacturing markets.
Q5. Who are the key retinal implant market companies?
Answer: Some of the key retinal implant companies are as follows:
• Vivani Medical
• Pixium Vision
• Boston Retinal Implant Project
• Nano Retina
• Labtician Ophthalmics
• LambdaVision
• Bionic Vision Technologies
• Nidek
• Retina Implant
• Optobionics
Q6. Which retinal implant market segment will be the largest in future?
Answer: Lucintel forecasts that retina implant alpha AMS will remain the largest segment over the forecast period due to high incidence of macular degeneration linked to aging.
Q7. In retinal implant market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to an established and robust pharmaceutical industry exists in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the retinal implant market by type (retina implant alpha AMS, implantable miniature telescope, argus II, and others), end use (hospitals, outpatient facilities, research & manufacturing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Retinal Implant Market, Retinal Implant Market Size, Retinal Implant Market Growth, Retinal Implant Market Analysis, Retinal Implant Market Report, Retinal Implant Market Share, Retinal Implant Market Trends, Retinal Implant Market Forecast, Retinal Implant Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.