Retinal Implant Market Size, Share & Trends Analysis Report By Device Type (Retina Implant Alpha AMS, Implantable Miniature Telescope, and Argus II), By Region, And Segment Forecasts, 2018 - 2026

Published: Oct, 2018 | Pages: 59 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global retinal implant market size is expected to reach USD 74.7 million by 2026, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 10.6% over the forecast period. Increasing prevalence of target diseases, and rising geriatric population are the key driving factors for the market. Rising capability of restoring vision is anticipated to bode well for demand over the forecast period.

Laser therapy and Photodynamic Therapy (PTD) and some of the conventional treatments available for Retinitis Pigmentosa (RP) and Age-Related Macular Degeneration (AMD). Drugs such as Lucentis, Macugen, Eylea, and Vitamin A are a part of therapeutic treatment. Such treatments aid in reducing disease progression and thereby, delaying blindness. However, none of these treatments can completely cure the disease and restore vision. As a result, treatment procedures that restore vision are highly in demand.

Currently approved devices are capable of restoring vision with the help of electrodes, camera chips, lenses, software, and other tools. Moreover, implantable miniature telescope, Argus II is easy to use and enables patients to carry out their daily activities with ease. Furthermore, these devices can be used for a prolonged period of time, eliminating the need for another surgery. Therefore, the capability of advanced implantable devices to restore vision is expected to propel the market growth in near future.

Increasing geriatric population and rising disposable income in developing economies such as Japan, China, and India are also expected to boost the retinal implant market over the forecast period. Moreover, increasing healthcare expenditure by governments and private sectors and initiatives by major market players to operate in untapped regions are also anticipated to propel the growth in the forthcoming years.

Further key findings from the study suggest:

• In terms of revenue, implantable miniature telescope segment is projected to expand at the highest CAGR over the forecast period. Increasing prevalence of AMD among geriatric population and usage of implantable devices to treat vision problems might drive the segment's growth over the forecast period

• In 2026, Asia-Pacific market is expected to witness the fastest CAGR over the forecast period owing to increasing geriatric population and disposable income

• VisionCare, Inc.; Retina Implant AG; and Second Sight Medical Products, Inc. are expected to dominate the retinal implant market over the forecast period.

 Table of Contents

Chapter 1 Executive Summary
                   1.1 Market Snapshot

Chapter 2 Research Methodology
                   2.1 Information Procurement
                   2.2 Data Analysis
                   2.3 Region Wise Market Calculation
                       2.3.1. Region wise market: base estimates
                       2.3.2. Global market: CAGR calculation
                   2.4 Region Based Segment Share Calculation
                   2.5 List of Secondary Sources (Partial List)

Chapter 3 Market Variables, Trends & Scope
                   3.1 Market Segmentation & Scope
                   3.2 Market Driver Analysis
                       3.2.1. Rising prevalence of target diseases
                       3.2.2. Capability of restoring vision
                   3.3 Market Restraint Analysis
                       3.3.1. High cost of commercially available products
                   3.4 Penetration & Growth Prospect Mapping: Device Type
                   3.5 Retinal Implant Market - SWOT Analysis, By Factor (Political & Legal, Economic And Technological)
                   3.6 Growth Potential by Target Condition
                   3.7 Product Development: Clinical Trial Overview

Chapter 4 Device Type Estimates & Trend Analysis
                   4.1 Retinal Implant Market: Device Type Movement Analysis
                   4.2 Retina Implant Alpha AMS
                       4.2.1. Retina Implant Alpha AMS market, 2014 - 2026 (USD million)
                   4.3 Implantable Miniature Telescope (IMT)
                       4.3.1. IMT market, 2014 - 2026 (USD million)
                   4.4 Argus II
                       4.4.1. Argus II market, 2014 - 2026 (USD million)
                   4.5 Others
                       4.5.1. Other retinal implant market, 2014 - 2026 (USD million)

Chapter 5 Regional Estimates & Trend Analysis, by Device Type
                   5.1 Retinal Implant Market Share By Region, 2017 & 2026
                   5.2 North America
                       5.2.1.North America retinal implant market, 2014 - 2026 (USD million)
                       5.2.2. U.S.
                           5.2.2.1 U.S. retinal implant market, 2014 - 2026 (USD million)
                       5.2.3. Canada
                           5.2.3.1 Canada retinal implant market, 2014 - 2026 (USD million)
                   5.3 Europe
                       5.3.1.Europe retinal implant market, 2014 - 2026 (USD million)
                       5.3.2. U.K.
                           5.3.2.1 U.K. retinal implant market, 2014 - 2026 (USD million)
                       5.3.3. Germany
                           5.3.3.1 Germany retinal implant market, 2014 - 2026 (USD million)
                   5.4 Asia Pacific
                       5.4.1. Asia Pacific retinal implant market, 2014 - 2026 (USD million)
                       5.4.2. Japan
                           5.4.2.1 Japan retinal implant market, 2014 - 2026 (USD million)
                       5.4.3. China
                           5.4.3.1 China retinal implant market, 2014 - 2026 (USD million)
                   5.5 Latin America
                       5.5.1. Latin America retinal implant market, 2014 - 2026 (USD million)
                       5.5.2. Brazil
                           5.5.2.1 Brazil retinal implant market, 2014 - 2026 (USD million)
                   5.6 MEA
                       5.6.1. MEA retinal implant market, 2014 - 2026 (USD million)
                       5.6.2. Saudi Arabia
                           5.6.2.1 Saudi Arabia retinal implant market, 2014 - 2026 (USD million)

Chapter 6 Competitive Landscape
                   6.1 Company Profiles
                       6.1.1. Second Sight Medical Products, Inc.
                           6.1.1.1 Company Overview
                           6.1.1.2 Financial Performance
                           6.1.1.3 Product Benchmarking
                           6.1.1.4 Strategic Initiatives
                       6.1.2. Retina Implant AG
                           6.1.2.1 Company Overview
                           6.1.2.2 Product Benchmarking
                           6.1.2.3 Strategic Initiatives
                       6.1.3. VisionCare, Inc.
                           6.1.3.1 Company Overview
                           6.1.3.2 Product Benchmarking
                           6.1.2.3 Strategic Initiatives

List of Tables

TABLE 1 Global Retinal Implant Market, by Region, 2014 - 2026 (USD Million)
TABLE 2 Global Retinal Implant Market, by Device Type, 2014 - 2026 (USD Million)
TABLE 3 North America Retinal Implant Market, by Device Type, 2014 - 2026 (USD Million)
TABLE 4 U.S. Retinal Implant Market, by Device Type, 2014 - 2026 (USD Million)
TABLE 5 Canada Retinal Implant Market, by Device Type, 2014 - 2026 (USD Million)
TABLE 6 Europe Retinal Implant Market, by Region, 2014 - 2026 (USD Million)
TABLE 7 Europe Retinal Implant Market, by Device Type, 2014 - 2026 (USD Million)
TABLE 8 U.K. Retinal Implant Market, by Device Type, 2014 - 2026 (USD Million)
TABLE 9 Germany Retinal Implant Market, by Device Type, 2014 - 2026 (USD Million)
TABLE 10 Asia Pacific Retinal Implant Market, by Region, 2014 - 2026 (USD Million)
TABLE 11 Asia Pacific Retinal Implant Market, by Device Type, 2014 - 2026 (USD Million)
TABLE 12 Japan Retinal Implant Market, by Device Type, 2014 - 2026 (USD Million)
TABLE 13 China Retinal Implant Market, by Device Type, 2014 - 2026 (USD Million)
TABLE 14 Latin America Retinal Implant Market, by Region, 2014 - 2026 (USD Million)
TABLE 15 Latin America Retinal Implant Market, by Device Type, 2014 - 2026 (USD Million)
TABLE 16 Brazil Retinal Implant Market, by Device Type, 2014 - 2026 (USD Million)
TABLE 17 Middle East & Africa Retinal Implant Market, by Region, 2014 - 2026 (USD Million)
TABLE 18 Middle East & Africa Retinal Implant Market, by Device Type, 2014 - 2026 (USD Million)
TABLE 19 Saudi Arabia Retinal Implant Market, by Device Type, 2014 - 2026 (USD Million)

List of Figures

FIG. 1 Market summary (USD million), 2017
FIG. 2 Market research process
FIG. 3 Information procurement
FIG. 4 Primary research pattern
FIG. 5 Market research approaches
FIG. 6 Value chain based sizing & forecasting
FIG. 7 QFD modelling for market share assessment
FIG. 8 Market trends & outlook
FIG. 9 Market segmentation & scope
FIG. 10 Market driver relevance analysis (Current & future impact)
FIG. 11 U.S. growth in number of AMD patients, million (2010, 2030, 2050)
FIG. 12 Market restraint relevance analysis (Current & future impact)
FIG. 13 Penetration & growth prospect mapping
FIG. 14 SWOT analysis, by factor (political & legal, economic and technological)
FIG. 15 Growth potential by target condition
FIG. 16 Retinal implant market, device type outlook key takeaways
FIG. 17 Retinal implant market: Device type movement analysis
FIG. 18 Retina Implant Alpha AMS market, 2014 - 2026 (USD million)
FIG. 19 IMT market, 2014 - 2026 (USD million)
FIG. 20 Argus II market, 2014 - 2026 (USD million)
FIG. 21 Other retinal implant market, 2014 - 2026 (USD million)
FIG. 22 Regional market place: Key takeaways
FIG. 23 Regional outlook, 2017 & 2026
FIG. 24 North America retinal implant market, 2014 - 2026 (USD million)
FIG. 25 U.S. retinal implant market, 2014 - 2026 (USD million)
FIG. 26 Canada retinal implant market, 2014 - 2026 (USD million)
FIG. 27 Europe retinal implant market, 2014 - 2026 (USD million)
FIG. 28 U.K. retinal implant market, 2014 - 2026 (USD million)
FIG. 29 Germany retinal implant market, 2014 - 2026 (USD million)
FIG. 30 Asia Pacific retinal implant market, 2014 - 2026 (USD million)
FIG. 31 Japan retinal implant market, 2014 - 2026 (USD million)
FIG. 32 China retinal implant market, 2014 - 2026 (USD million)
FIG. 33 Latin America retinal implant market, 2014 - 2026 (USD million)
FIG. 34 Brazil retinal implant market, 2014 - 2026 (USD million)
FIG. 35 MEA retinal implant market, 2014 - 2026 (USD million)
FIG. 36 Saudi Arabia retinal implant market, 2014 - 2026 (USD million)