PUBLISHER: TechNavio | PRODUCT CODE: 1581876
PUBLISHER: TechNavio | PRODUCT CODE: 1581876
Artificial Retina Market 2024-2028
The artificial retina market is forecasted to grow by USD 8594.7 mn during 2023-2028, accelerating at a CAGR of 11.6% during the forecast period. The report on the artificial retina market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in prevalence of retinal diseases, rising geriatric population, and advances in artificial retina.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 10.1% |
CAGR | 11.6% |
Incremental Value | $8594.7 mn |
Technavio's artificial retina market is segmented as below:
By Disease Type
By Geographical Landscape
This study identifies the escalating investment in ophthalmological research and development and innovations as one of the prime reasons driving the artificial retina market growth during the next few years. Also, increasing prevalence of vision impairment and rising government expenditure in healthcare will lead to sizable demand in the market.
The report on the artificial retina market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading artificial retina market vendors that include Aetna Inc., Alcon Inc., Bausch Lomb Corp., Bionic Eye Technologies Inc., Bionic Vision Technologies, Carl Zeiss AG, Nano Retina, NIDEK Co. Ltd., Optobionics, and PIXIUM VISION. Also, the artificial retina market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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