The global Retinal Implant Market is expected to reach USD 74.7 million by 2026. A retinal implant is also termed as “the Argus® II retinal prosthesis system” or “bionic eye”. These implantable devices are planned to supplant phototransduction within the eyes of persons with major retinal illnesses such as age-related macular degeneration or retinitis pigmentosa. The retinal implant market is estimated to grow at a CAGR of 10.6% over the forecast period as the scope and its applications are rising enormously across the globe.
The factors that are playing a major role in the growth of the retinal implant market are the rising occurrence of degenerative conditions, increasing disposable income in emerging countries, the growing aging population, and the development of enhanced and efficient technology. However, the high cost of research, lack of trained personnel, and development, and lack of medical reimbursement are the factors that may restrain overall market growth in the years to come. The retinal implant industry is segmented based on type, device type, application, and region.
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Suprachoroidal implants, epiretinal implants, and subretinal implants are the types that could be explored in the retinal implant in the forecast period. Alpha IMS, Argus II, and an implantable telescope are the device types that could be explored in the retinal implant in the forecast period.
The market may be categorized based on applications like total blindness, retinal degenerative diseases, and others that could be explored in the forecast period. The retinal degenerative sector accounted for the substantial market share of the retinal implant and is estimated to lead the overall market in the years to come.
Globally, North America accounted for the significant market share of the retinal implant and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be developed infrastructure, growing eye-related diseases, and the rising use of technologically enhanced devices. The United States is a major consumer of retinal implants in this region. Instead, Europe and the Asia Pacific are also estimated to have a positive influence on future growth.
Europe is the second-largest region with a significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The aspects that may be ascribed to the growth comprise the growing geriatric population, growing awareness among consumers regarding eye care, the growing number of patients suffering from retinitis pigmentosa (RP), and age-related macular degeneration (AMD), and developing healthcare infrastructure. Developing countries like India and China are the major consumers of retinal implants in this region.
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The key players of retinal implant market are Philips Healthcare, Second Sight Medical Products, Inc., Hamilton Medical AG, Retina Implant AG, Bionic Vision Australia, Dräger Medical GmbH, VisionCare Ophthalmic Technologies, Inc., Visus Technology, Inc., and Abbott Vascular, Bionic Eye Technologies, Inc. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
Market Segment:
Retinal Implant Device Type Outlook (Revenue USD Million; 2014 - 2026)
- Retina Implant Alpha AMS
- Implantable Miniature Telescope
- Argus II
- Others
Retinal Implant Regional Outlook (Revenue, USD Million; 2014 - 2026)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- the Asia Pacific
- Japan
- China
- Latin America
- Brazil
- MEA
- Saudi Arabia
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These implantable devices are planned to supplant photo transduction within the eyes of persons with major retinal illnesses such as age-related macular degeneration or retinitis pigmentosa.
The retinal implant market is estimated to grow at a CAGR of 10.6% over the forecast period as the scope and its applications are rising enormously across the globe.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/retinal-implant-market/request-sample Market Synopsis of Retinal Implant Market: The factors that are playing a major role in the growth of retinal implant market are rising occurrence of degenerative conditions, increasing disposable income in emerging countries, growing aging population, and development of enhanced and efficient technology.
However, the high cost of research, lack of trained personnel's, and development and lack of medical reimbursement are the factors that may restrain overall market growth in the years to come.
Suprachoroidal implants, epiretinal implants, and subretinal implants are the types that could be explored in the retinal implant in the forecast period.
Alpha IMS, Argus II, and an implantable telescope are the device types that could be explored in the retinal implant in the forecast period.
Global Retinal Implant Market is expected to reach USD 74.7 million by 2026.
These implantable devices are planned to supplant photo transduction within the eyes of persons with major retinal illnesses such as age-related macular degeneration or retinitis pigmentosa.
The retinal implant market is estimated to grow at a CAGR of 10.6% over the forecast period as the scope and its applications are rising enormously across the globe.The factors that are playing a major role in the growth of retinal implant market are rising occurrence of degenerative conditions, increasing disposable income in emerging countries, growing aging population, and development of enhanced and efficient technology.
However, the high cost of research, lack of trained personnel's, and development and lack of medical reimbursement are the factors that may restrain overall market growth in the years to come.
Retinal implant industry is segmented based on type, device type, application, and region.Suprachoroidal implants, epiretinal implants, and subretinal implants are the types that could be explored in the retinal implant in the forecast period.
Alpha IMS, Argus II, and an implantable telescope are the device types that could be explored in the retinal implant in the forecast period.The market may be categorized based on applications like total blindness, retinal degenerative diseases, and others that could be explored in the forecast period.
The global Drill Pipe Market size is expected to value at USD 1.31 billion by 2025.
In addition, the development of advanced drilling techniques coupled with high-end productivity are expected to foster market growth in the upcoming years.
Globally, the drill pipe market is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest in research and development of the market.
Yet, substantial recovery in the oilfield activities and stabilizing crude oil costs are anticipated to fuel market growth in next five years.
In addition, factors responsible for robust growth of the API grade drill pipes segment include higher market penetration and easy installation.
The key players in the drill pipe industry are National Oilwell Varco (NOV) Co., Inter Drill Asia Ltd., Superior Drill Pipe Manufacturing Inc., DP Master Manufacturing Pvt., Ltd., Shanghai Hilong Drill Pipe Co., Ltd., TPS TECHNITUBE RÖHRENWERKE GmbH, Tenaris Co., Drill Pipe International LLC, VallourecS.A., and RK Pipe LLC.
The global dimer acid market size is expected to value at USD 2.30 billion by 2024.
Rapid industrialization in developing economies across Asia Pacific and North America is anticipated to stimulate market expansion over the forecast period.In addition, rise in the number of manufacturing activities in the BRICS economies such as, Brazil, India, Russia, China, and South Africa is projected to expand market reach of dimer acid industry in the upcoming years.
Growing number of infrastructure activities for better residential as well as public infrastructure, particularly in Asia Pacific region are propelling market growth, in the recent years.
Globally, the dimer acid market is predicted to grow at CAGR of 4.0% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.Download Free Sample Report @ https://www.millioninsights.com/industry-reports/dimer-acid-market/request-sampleIncreasing demand from building & construction sector is predicted to amplify market value of dimer acid over the forecast period.
These chemicals are also widely adopted for drilling, refining, and hydraulic fracturing activities.
Rise in the number of drilling activities across the globe to meet growing energy demand is estimated to favor growth of oilfield chemicals, thus fostering dimer acid demand as well.The dimer acid market is broadly categorized into three major segments based on the application type such as nonreactive polyamide resins, reactive polyamide resins, and oilfield chemicals.
13 February 2020 - Global Facial Injectables Market is expected to reach USD 17.2 billion by 2025.
Facial injectable is also termed as facial filler, or facial injections, or injectable fillers are the products like calcium hydroxylapatite, collagen, and hyaluronic acid that revitalize facial skin by reducing and eradicating wrinkles, enhancing lips, raising scar depressions, and altering soft-tissue volume loss through facial injections.
Probably the results are temporary that lasts from few months to years.
The Facial Injectable Market is estimated to grow at a significant CAGR of 11.5% over the forecast period as the scope and its applications are rising enormously across the globe.Growing demand from middle age populace, growing urbanization, and increasing esthetic standards are documented as major factors of Facial Injectables Market that are estimated to enhance the growth in the years to come.
However, its side effects and high cost may restrain overall market growth in the coming years.
Facial Injectables industry is segmented based on product type, end user, and region.Request a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/facial-injectables-marketAnti-aging/ Anti-wrinkle Injections and Dermal Fillers/Injectable Implants are the product types that could be explored in Facial Injectables in the forecast period.
