Bionic Eye Market to Garner Exponential Accruals by 2023 Registering a Modest CAGR during 2017-2023; Asserts MRFR

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A Broad Analysis of the “Worldwide Bionic Eye market “methodology of the leading organizations in the exactness of import/export utilization, market activity figures, cost, value, revenue and gross edges.

Global Bionic Eye Market -Scenario

Bionic eye is also referred as visual prosthetic. It is the artificial visual devices use to restore the visual function of the patient suffering from complete or partial blindness.

Many devices and surgeries are developed so as to cure the blindness of the people. Global bionic eye market is driven by increasing number of people suffering from complete or partial blindness.

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Global Bionic Eye Market -Key Players

  • Retina Implant AG (Germany)
  • Second Sight (US)
  • Bionic Vision Australia (Australia)
  • The Bionic Eye (UK)
  • Pixium Vision (France)
  • iBionics (Canada) 

 

Furthermore, increasing complications of eye due to ageing is another factor for the growth of the market. According to WHO, approximately 250 million people of 50 years age are visually impaired?

Global Bionic Eye Market is growing at a CAGR of 9.8% during forecasted period 2017-2023.

In many of the developing countries mare than 80 % of people are suffering from eye sight problems while nearly 50% of people did not able to take a proper treatment due to financial conditions.

Global Bionic Eye Market -Segmentation

Global bionic eye market is segmented on the basis of type into external eye and implanted eye. External eye is further sub segmented into retinal prosthesis and microsystem-based visual prosthesis (MIVP).

On the basis of technology they are segmented into electronic and mechanical and on the basis of end user he market is segmented into hospitals, clinics and others

Global Bionic Eye Market -Regional Analysis

On regional basis, America dominates the global bionic eye market. Development in technology and increasing people suffering from eye sight problem due to increasing prevalence of diabetes has driven the growth of the market.

Europe commands the second largest market for the bionic eye which is followed by Asia Pacific.

Some Points form Table of Content

1 Introduction

1.1 Definition

1.2 Scope of Study

1.2.1 Research Objective

1.2.2 Assumptions & Limitations

1.2.2.1 Assumptions

1.2.2.2 Limitations

1.3 Market Structure

 

2 Research Methodology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

 

3 Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Macroeconomic Indicators

..Continued

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