Artificial Retina Market: By Implant Type (Epiretinal Implants, Subretinal Implants), By Disease Type (Retinitis Pigmentosa, Age-related Macular Degeneration, Others), By End Users (Hospitals, Clinics, Ambulatory Surgical Centers), and Geography

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Artificial Retina Market size was valued at USD 21,125.6 million in 2023 and is poised to grow at a CAGR of 20.2% from 2024-2030. An artificial retina is a medical device consists an array of microelectrodes. Artificial Retina Market is implanted into the eyes of people who are blind due to retinal disease. These devices are used in retinal degenerative disease that causes damage to photoreceptor cells of the retina and leads to complete vision loss. Majorly occurring retinal degenerative diseases include retinitis pigmentosa and age-related macular degeneration. Retinal implants are made up of carbon nanotube biomimetic film with a transmitter and video processing units. These devices restore vision by capturing light, convert into electrical signals, and form an image by stimulating the neurons in the retina. Impact of COVID-19 on With the expanding number of COVID-19 diseases universally, limitations on various developments in the Artificial Retina Market are expanding. As the worldwide economy battles with the pandemic circumstance, its effect on the worldwide exchange and store network is becoming inferable from the quick debilitating of worldwide speculation streams. Severe regulation measures forced by administrations of different nations and preventive measures to control the impact of the incidence have prompted a critical limitation in transportation, driving a thump on impact internationally. This is encouraging an interest and supply hole, consequently bringing about diminished creation of stress help supplements. This pattern is required to keep inferable from the vulnerability in the Artificial Retina Market and measures to address the inventory/request lop-sidedness.

Artificial Retina Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

20.2%

Largest Market

North America

Fastest Growing Market

Asia-Pacific
Artificial Retina Market Dynamics

Artificial Retina Market Drivers are: Increase in the prevalence of vision impaired patients coupled with rise in geriatric population Rise in R&D for the innovation of newer devices, Government support for the R&D activities for the innovation of newer devices. Restraints:Stringent regulatory policies for product approval, High cost of artificial retina treatment and High R&D expenditure.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019 to 2023) and forecast (2024 to 2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Artificial Retina Market Segmentation

By Implant Type
  • Epiretinal Implants
  • Subretinal Implants
By Disease Type
  • Retinitis Pigmentosa
  • Age-related Macular Degeneration
  • Others
By End User
  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Frequently Asked Questions

The Artificial Retina Market size was valued at USD 21,125.6 million in 2023 and is poised to grow at a CAGR of 20.2% from 2024-2030

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

The Artificial Retina Market Key players are Nano Retina (Israel), Second sight Medical Products, Inc. (U.S.), Retina Implant AG (Germany), Optobionics (U.S.), Intelligent Medical implants (Germany)

1.Executive Summary
2.Global Artificial Retina Market Introduction 
2.1.Global Artificial Retina Market  - Taxonomy
2.2.Global Artificial Retina Market  - Definitions
2.2.1.Implant Type
2.2.2.Disease Type
2.2.3.End User
2.2.4.Region
3.Global Artificial Retina Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Artificial Retina Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Artificial Retina Market  By Implant Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Epiretinal Implants
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Subretinal Implants
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Artificial Retina Market  By Disease Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Retinitis Pigmentosa
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Age-related Macular Degeneration
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Others
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Artificial Retina Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Hospitals
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Clinics
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Ambulatory Surgical Centers
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
8.Global Artificial Retina Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Artificial Retina Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Implant Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Epiretinal Implants
9.1.2.Subretinal Implants
9.2.  Disease Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Retinitis Pigmentosa
9.2.2.Age-related Macular Degeneration
9.2.3.Others
9.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Hospitals
9.3.2.Clinics
9.3.3.Ambulatory Surgical Centers
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Artificial Retina Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Implant Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Epiretinal Implants
10.1.2.Subretinal Implants
10.2.  Disease Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Retinitis Pigmentosa
10.2.2.Age-related Macular Degeneration
10.2.3.Others
10.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Hospitals
10.3.2.Clinics
10.3.3.Ambulatory Surgical Centers
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Artificial Retina Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Implant Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Epiretinal Implants
11.1.2.Subretinal Implants
11.2.  Disease Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Retinitis Pigmentosa
11.2.2.Age-related Macular Degeneration
11.2.3.Others
11.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Hospitals
11.3.2.Clinics
11.3.3.Ambulatory Surgical Centers
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Artificial Retina Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Implant Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Epiretinal Implants
12.1.2.Subretinal Implants
12.2.  Disease Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Retinitis Pigmentosa
12.2.2.Age-related Macular Degeneration
12.2.3.Others
12.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Hospitals
12.3.2.Clinics
12.3.3.Ambulatory Surgical Centers
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Artificial Retina Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Implant Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Epiretinal Implants
13.1.2.Subretinal Implants
13.2.  Disease Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Retinitis Pigmentosa
13.2.2.Age-related Macular Degeneration
13.2.3.Others
13.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Hospitals
13.3.2.Clinics
13.3.3.Ambulatory Surgical Centers
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Nano Retina (Israel)
14.2.2.Second sight Medical Products, Inc. (U.S.)
14.2.3.Retina Implant AG (Germany)
14.2.4.Optobionics (U.S.)
14.2.5.Intelligent Medical implants (Germany)
14.2.6.Nidek co. Ltd. (Japan)
14.2.7.Bionic Vision (Australia)
14.2.8.Pixium Vision (France)
15. Research Methodology 
16. Appendix and Abbreviations 
  • Nano Retina (Israel)
  • Second sight Medical Products, Inc. (U.S.)
  • Retina Implant AG (Germany)
  • Optobionics (U.S.)
  • Intelligent Medical implants (Germany)
  • Nidek co. Ltd. (Japan)
  • Bionic Vision (Australia)
  • Pixium Vision (France)

Adjacent Markets