Bionic Eye Market
Bionic Eye Market Analysis by External and Implanted for Hospitals and Ophthalmic Clinics from 2023 to 2033
Analysis of Bionic Eye Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Bionic Eye Market Outlook (2023 to 2033)
The global bionic eye market is valued at US$ 297.1 million in 2023 and is expected to reach US$ 1 billion by 2033. As per this study by Fact.MR, worldwide demand for bionic eyes is predicted to increase rapidly at a CAGR of 13% during the next 10 years.
A bionic eye or artificial eye is an electronic implant that is surgically implanted into a patient's eye to allow the transmission of light or the transformation of ambient light into impulses that can be processed by the brain, in those who have experienced a major retinal loss. An internal microprocessor, an external camera, and a transmitter are all features of the bionic eye.
Before transmitting high-frequency radio waves, the camera is equipped with glasses to assist in the generation of visual data from the environment. The bionic eye is a synthetic organ created to mimic the functions of the diseased organ so that it can keep working properly.
External eye and implanted eye are terms used to treat a specific area of the eyes. Based on the issue, respective bionic eye surgeries are suggested. Since the synthetic lens is surgically and permanently implanted inside the eye, the phrase ‘implanted eye’ is used. The eyelids and surrounding tissues, conjunctiva, the lacrimal system, the cornea, and the anterior chamber are all areas, where external eye treatment is performed.
External bionic eye surgeries accounted for a major share of around 55% in 2022. One of the major areas on which market players concentrate their efforts is eye care technological development for better patient outcomes.
The use of bionic eye solutions is projected to expand due to the rising prevalence of age-related vision loss brought on by macular degeneration and resulting in blurred vision. The rising incidence of vision loss and increasing cases of accidents and injuries are boosting the growth of the bionic eye market.
- The National Institutes of Health (NIH) estimated that macular degeneration affected nearly 5 million Americans over the age of 40 in 2020.
| Report Attributes | Details |
|---|---|
| Bionic Eye Market Size (2023E) | US$ 297.1 Million |
| Forecasted Market Value (2033F) | US$ 1 Billion |
| Global Market Growth Rate (2023 to 2033) | 13% CAGR |
| Leading Regional Market | North America |
| Key Companies Profiled | Nano Retina Ltd.;Monash Vision Group;Second Sight Medical Products;Pixium Vision;Nidek Co. Ltd.;MetaModal LLC;Bionic Vision Technologies;Biomedical Technologies S.L. |
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Why are Sales of Bionic Eyes Surging Worldwide?
“Rising Prevalence of Eye-related Disorders”
A person's ability to see may be harmed by several eye-related disorders if they are not treated on time. Among the most prevalent eye disorders globally are diabetic retinopathy, cataract, and glaucoma.
- WHO estimates that the prevalence of distant vision impairment is four times greater in low- and middle-income countries than in high-income ones. There are at least 2.2 billion blind or vision-impaired individuals across the globe, out of which, at least 1 billion are still unaddressed or ignored treatment.
- The same source estimates that in high-income regions including North America, Western Europe, and Asia Pacific, rates of untreated near vision impairment are thought to be less than 10%, compared to rates that are anticipated to be high than 80% in central, eastern, and western sub-Saharan Africa.
Several factors, including inheritance, illness, and injury, can result in full, partial, or colour vision loss. In some cases of hereditary blindness, such as retinitis pigmentosa, the photoreceptors (the rods and cones) are destroyed, causing visual loss but leaving the majority of the other retinal cells intact. The optic nerve and visual circuitry may sustain long-term damage from other conditions, such as glaucoma or acute eye injury.
Owing to these variations, researchers are striving to produce several forms of bionic eye implants based on the percentage of eye blindness; among these types, the retinal implant & cortical implant are exhibiting the most promising results.
“Rapid Developments in Bionic Eye Technologies”
Those with untreated and preventable blindness or vision impairment are treated with the bionic eye. External and implanted eye supports are highly sought-after with the most recent advancements in penetrating eye care technologies.
Bionic eye implants are becoming more widely used to treat target patients. This can be due to bionic eye technology being readily available and easier to utilize for end users. Sales of bionic eye solutions are also increasing due to the rising research expenditures into cutting-edge tactics for sight restoration.
The future of bionic eyes depends on improved electrodes that give implant users eyesight and more realistic vision. These changes undoubtedly are expected to increase the adoption of bionic eye transplants. To improve eyesight, the new bionic/artificial eye lenses are about to change affected lenses. The major goal is to improve visual quality while restoring eyesight at all distances.
The electrodes on the implant activate the retinal cells and transfer visual information to the brain using a particular pair of glasses and electronic data. The modern bionic eye implant is easier for the user to use and requires less upkeep. Thus, the ongoing technological advancements are expected to boost the market for bionic eyes in the coming 10 years.
Which Obstacles Need to Be Tackled By Suppliers of Bionic Eye Technologies?
“High Overall Treatment Cost”
Demand for bionic eyes is expected to experience slower growth in developing regions due to the high cost of eye care operations. Bionic eye transplantation is a complex procedure. It is a form of treatment that makes use of the brain's ability to correct vision. The bionic eye is a high-end product made with cutting-edge technologies.
The technique requires the use of 3D cameras and contemporary tools which raises the treatment's overall cost. Some people with lower incomes across the globe cannot afford bionic eye procedures because of their overall treatment costs. Thus, such aspects are expected to hamper the adoption of bionic eye systems during the forecast period.
“Lack of Knowledge about Bionic Eye Technology in Developing Regions”
One difficulty encountered by companies in the bionic eye market is the lack of knowledge about bionic eye treatments among common people. New medical procedures are quickly adopted in developed regions.
More people are conscious of bionic eye treatments in developed regions such as North America and Europe. However, some people in underdeveloped countries are unaware of such technologies. It is crucial to raise public knowledge of the treatment and its advantages in developing regions. Lack of awareness might impede the bionic eye market growth in developing regions to some extent.
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Country-wise Analysis
Will Rising Prevalence of Diabetes Benefit Producers of Bionic Eyes in the United States?
“High Prevalence of Diabetes Leading to Retinal Disorders”
The presence of well-established healthcare infrastructure, the growing rate of the geriatric population, and increasing cases of diabetic retinopathy are boosting demand for bionic eye systems in the United States.
Cases of diabetes have sharply risen in the United States over the last ten years. The main factor contributing to new instances of blindness in adults in the United States between the ages of 20 to 74 is diabetic retinopathy.
- According to the Centers for Disease Control and Prevention (CDC) in 2020, around 4.1 million Americans were living with diabetic retinopathy, and close to 900,000 were at risk of vision-damaging retinopathy. Thus, the rising cases of diabetic retinopathies are expected to boost demand for bionic eye surgeries in the United States.
What is the Demand Outlook for Bionic Eye Treatment Procedures in Germany?
“Older Population More at Risk of Eye-related Diseases”
The market for bionic eyes in Germany is anticipated to experience substantial growth over the forecast period. This can be attributed to the rising incidence and prevalence of eye-related conditions such as macular degeneration, presbyopia, and diabetic retinopathy among the ageing population. Additionally, as bionic eye models with advanced technologies become more widely available, a greater number of patients in the country are choosing to undergo bionic eye surgeries to treat their eye-related conditions.
As the older generation is more vulnerable to eye-related disorders, demand for bionic eye treatment procedures is expected to increase healthily during the forecast period.
- Germany had 16.2 million residents over the age of 67 as of the end of 2021, according to figures from the Federal Statistical Office (Destatis) from January 2022. Thus, according to this data, the risk of eye disorders can be assumed.
Why is Australia Viewed as an Opportunistic Marketplace for Bionic Eye Manufacturers?
“Introduction of Highly Improved Bionic Eye Care Solutions”
In the Asia Pacific region, Australia is booming in the field of bionic eye technology. Rapid technological advancements are supporting the demand growth. Along with this, the presence of advanced medical infrastructure and skilled ophthalmologists & researchers is benefitting the bionic eye sector to grow significantly.
- The Food and Drug Administration (FDA) of the United States designated Australia's bionic eye system developed by Bionic Vision Technologies, the Centre for Eye Research Australia, the Bionics Institute, the University of Melbourne, and CSIRO's Data61, as a breakthrough device.
- This ground-breaking technology aims to restore the functional vision of the vast number of individuals who have lost their eyesight due to retinitis pigmentosa.
Category-wise Analysis
Why are Electronic Bionic Eye Technologies Gaining Immense Traction?
“Advanced Features and Designs Aiding Product Demand Growth”
Electronic eye implants and mechanical eye implants are two types of bionic eye technologies. The rising number of clinical trials & increasing adoption rates are driving demand for electronic bionic eye treatment procedures. These are implants for neural stimulation in the patient's eyes.
A battery-operated gadget worn by the patient decodes the visual data obtained from the video camera on the spectacles and converts it into electrical simulation data. The implanted stimulation device receives the information after that.
It is anticipated that during the projected period, sales of mechanical eye implants are expected to grow at a healthy pace. When age-related macular degeneration has reached its most mature stage, these implants are utilized to treat it. To enlarge the visual projection onto the retina, these devices are inserted into the posterior chamber of the eye.
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Competitive Landscape
According to Fact.MR, a market research and competitive intelligence provider, key players in the bionic eye market are using various marketing tactics such as acquisitions to broaden their portfolio range and to expand internationally, more investments in R&D to launch innovative products & to gain a major position in the worldwide market.
Second Sight Medical Products, Pixium Vision, Nidek Co. Ltd., MetaModal LLC, and Bionic Vision Technologies are some of the leading companies in the bionic eye market.
- 13 September 2022: The first patient in the PRIMAvera pivotal trial for atrophic dry age-related macular degeneration was successfully implanted with 'Prima System' in Italy, according to Pixium Vision, a bioelectronics company that creates novel bionic vision systems to help people who have lost their sight.
Key Segments of Bionic Eye Industry Research
-
By Eye Type :
- External
- Implanted
-
By Technology :
- Electronic
- Mechanical
-
By End User :
- Hospitals
- Ophthalmic Clinics
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Global Market Demand (US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Eye Type
- 6.1. External
- 6.2. Implanted
- 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Technology
- 7.1. Electronic
- 7.2. Mechanical
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by End User
- 8.1. Hospitals
- 8.2. Ophthalmic Clinics
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East and Africa (MEA)
- 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. South Asia & Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. Nano Retina Ltd.
- 17.2. Monash Vision Group
- 17.3. Second Sight Medical Products
- 17.4. Pixium Vision
- 17.5. Nidek Co. Ltd.
- 17.6. MetaModal LLC
- 17.7. Bionic Vision Technologies
- 17.8. Biomedical Technologies S.L.
- 18. Assumptions And Acronyms Used
- 19. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Eye Type, 2018 to 2022
Table 02: Global Market Value (US$ Mn) Analysis, by Eye Type, 2023 to 2033
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Eye Type, 2023 to 2033
Table 04: Global Market Value (US$ Mn) Analysis, by Technology, 2018 to 2022
Table 05: Global Market Value (US$ Mn) Analysis, by Technology, 2023 to 2033
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Technology, 2023 to 2033
Table 07: Global Market Value (US$ Mn) Analysis, by End User, 2018 to 2022
Table 08: Global Market Value (US$ Mn) Analysis, by End User, 2023 to 2033
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by End User, 2023 to 2033
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2022
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2023 to 2033
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2023 to 2033
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 16: North America Market Value (US$ Mn) Analysis, by Eye Type, 2018 to 2022
Table 17: North America Market Value (US$ Mn) Analysis, by Eye Type, 2023 to 2033
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Eye Type, 2023 to 2033
Table 19: North America Market Value (US$ Mn) Analysis, by Technology, 2018 to 2022
Table 20: North America Market Value (US$ Mn) Analysis, by Technology, 2023 to 2033
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Technology, 2023 to 2033
Table 22: North America Market Value (US$ Mn) Analysis, by End User, 2018 to 2022
Table 23: North America Market Value (US$ Mn) Analysis, by End User, 2023 to 2033
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End User, 2023 to 2033
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 28: Latin America Market Value (US$ Mn) Analysis, by Eye Type, 2018 to 2022
Table 29: Latin America Market Value (US$ Mn) Analysis, by Eye Type, 2023 to 2033
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Eye Type, 2023 to 2033
Table 31: Latin America Market Value (US$ Mn) Analysis, by Technology, 2018 to 2022
Table 32: Latin America Market Value (US$ Mn) Analysis, by Technology, 2023 to 2033
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Technology, 2023 to 2033
Table 34: Latin America Market Value (US$ Mn) Analysis, by End User, 2018 to 2022
Table 35: Latin America Market Value (US$ Mn) Analysis, by End User, 2023 to 2033
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End User, 2023 to 2033
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 40: Europe Market Value (US$ Mn) Analysis, by Eye Type, 2018 to 2022
Table 41: Europe Market Value (US$ Mn) Analysis, by Eye Type, 2023 to 2033
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Eye Type, 2023 to 2033
Table 43: Europe Market Value (US$ Mn) Analysis, by Technology, 2018 to 2022
Table 44: Europe Market Value (US$ Mn) Analysis, by Technology, 2023 to 2033
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Technology, 2023 to 2033
Table 46: Europe Market Value (US$ Mn) Analysis, by End User, 2018 to 2022
Table 47: Europe Market Value (US$ Mn) Analysis, by End User, 2023 to 2033
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by End User, 2023 to 2033
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 52: East Asia Market Value (US$ Mn) Analysis, by Eye Type, 2018 to 2022
Table 53: East Asia Market Value (US$ Mn) Analysis, by Eye Type, 2023 to 2033
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Eye Type, 2023 to 2033
Table 55: East Asia Market Value (US$ Mn) Analysis, by Technology, 2018 to 2022
Table 56: East Asia Market Value (US$ Mn) Analysis, by Technology, 2023 to 2033
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Technology, 2023 to 2033
Table 58: East Asia Market Value (US$ Mn) Analysis, by End User, 2018 to 2022
Table 59: East Asia Market Value (US$ Mn) Analysis, by End User, 2023 to 2033
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by End User, 2023 to 2033
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Eye Type, 2018 to 2022
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Eye Type, 2023 to 2033
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Eye Type, 2023 to 2033
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Technology, 2018 to 2022
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Technology, 2023 to 2033
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Technology, 2023 to 2033
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by End User, 2018 to 2022
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by End User, 2023 to 2033
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by End User, 2023 to 2033
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 76: MEA Market Value (US$ Mn) Analysis, by Eye Type, 2018 to 2022
Table 77: MEA Market Value (US$ Mn) Analysis, by Eye Type, 2023 to 2033
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Eye Type, 2023 to 2033
Table 79: MEA Market Value (US$ Mn) Analysis, by Technology, 2018 to 2022
Table 80: MEA Market Value (US$ Mn) Analysis, by Technology, 2023 to 2033
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Technology, 2023 to 2033
Table 82: MEA Market Value (US$ Mn) Analysis, by End User, 2018 to 2022
Table 83: MEA Market Value (US$ Mn) Analysis, by End User, 2023 to 2033
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by End User, 2023 to 2033
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 04: Global Market Incremental $ Opportunity, 2023 to 2033
Figure 05: Global Market Share and BPS Analysis by Eye Type, 2023 & 2033
Figure 06: Global Market Y-o-Y Growth Projections by Eye Type, 2023 to 2033
Figure 07: Global Market Attractiveness Analysis by Eye Type, 2023 to 2033
Figure 08: Global Market Share and BPS Analysis by Technology, 2023 & 2033
Figure 09: Global Market Y-o-Y Growth Projections by Technology, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 11: Global Market Share and BPS Analysis by End User, 2023 & 2033
Figure 12: Global Market Y-o-Y Growth Projections by End User, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by End User, 2023 to 2033
Figure 14: Global Market Share and BPS Analysis by Region, 2023 & 2033
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2033
Figure 20: North America Market Incremental $ Opportunity, 2023 to 2033
Figure 21: North America Market Share Analysis by Country, 2023 & 2033
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 24: North America Market Share and BPS Analysis by Eye Type, 2023 & 2033
Figure 25: North America Market Y-o-Y Growth Projections by Eye Type, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis by Eye Type, 2023 to 2033
Figure 27: North America Market Share and BPS Analysis by Technology, 2023 & 2033
Figure 28: North America Market Y-o-Y Growth Projections by Technology, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 30: North America Market Share and BPS Analysis by End User, 2023 & 2033
Figure 31: North America Market Y-o-Y Growth Projections by End User, 2023 to 2033
Figure 32: North America Market Attractiveness Analysis by End User, 2023 to 2033
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 36: Latin America Market Incremental $ Opportunity, 2023 to 2033
Figure 37: Latin America Market Share Analysis by Country, 2023 & 2033
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 39: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 40: Latin America Market Share and BPS Analysis by Eye Type, 2023 & 2033
Figure 41: Latin America Market Y-o-Y Growth Projections by Eye Type, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis by Eye Type, 2023 to 2033
Figure 43: Latin America Market Share and BPS Analysis by Technology, 2023 & 2033
Figure 44: Latin America Market Y-o-Y Growth Projections by Technology, 2023 to 2033
Figure 45: Latin America Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 46: Latin America Market Share and BPS Analysis by End User, 2023 & 2033
Figure 47: Latin America Market Y-o-Y Growth Projections by End User, 2023 to 2033
Figure 48: Latin America Market Attractiveness Analysis by End User, 2023 to 2033
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 52: Europe Market Incremental $ Opportunity, 2023 to 2033
Figure 53: Europe Market Share Analysis by Country, 2023 & 2033
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 55: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 56: Europe Market Share and BPS Analysis by Eye Type, 2023 & 2033
Figure 57: Europe Market Y-o-Y Growth Projections by Eye Type, 2023 to 2033
Figure 58: Europe Market Attractiveness Analysis by Eye Type, 2023 to 2033
Figure 59: Europe Market Share and BPS Analysis by Technology, 2023 & 2033
Figure 60: Europe Market Y-o-Y Growth Projections by Technology, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 62: Europe Market Share and BPS Analysis by End User, 2023 & 2033
Figure 63: Europe Market Y-o-Y Growth Projections by End User, 2023 to 2033
Figure 64: Europe Market Attractiveness Analysis by End User, 2023 to 2033
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 68: East Asia Market Incremental $ Opportunity, 2023 to 2033
Figure 69: East Asia Market Share Analysis by Country, 2023 & 2033
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 71: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 72: East Asia Market Share and BPS Analysis by Eye Type, 2023 & 2033
Figure 73: East Asia Market Y-o-Y Growth Projections by Eye Type, 2023 to 2033
Figure 74: East Asia Market Attractiveness Analysis by Eye Type, 2023 to 2033
Figure 75: East Asia Market Share and BPS Analysis by Technology, 2023 & 2033
Figure 76: East Asia Market Y-o-Y Growth Projections by Technology, 2023 to 2033
Figure 77: East Asia Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 78: East Asia Market Share and BPS Analysis by End User, 2023 & 2033
Figure 79: East Asia Market Y-o-Y Growth Projections by End User, 2023 to 2033
Figure 80: East Asia Market Attractiveness Analysis by End User, 2023 to 2033
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2023 to 2033
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2023 & 2033
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Eye Type, 2023 & 2033
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Eye Type, 2023 to 2033
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Eye Type, 2023 to 2033
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Technology, 2023 & 2033
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Technology, 2023 to 2033
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 94: South Asia & Oceania Market Share and BPS Analysis by End User, 2023 & 2033
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by End User, 2023 to 2033
Figure 96: South Asia & Oceania Market Attractiveness Analysis by End User, 2023 to 2033
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 100: MEA Market Incremental $ Opportunity, 2023 to 2033
Figure 101: MEA Market Share Analysis by Country, 2023 & 2033
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 103: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 104: MEA Market Share and BPS Analysis by Eye Type, 2023 & 2033
Figure 105: MEA Market Y-o-Y Growth Projections by Eye Type, 2023 to 2033
Figure 106: MEA Market Attractiveness Analysis by Eye Type, 2023 to 2033
Figure 107: MEA Market Share and BPS Analysis by Technology, 2023 & 2033
Figure 108: MEA Market Y-o-Y Growth Projections by Technology, 2023 to 2033
Figure 109: MEA Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 110: MEA Market Share and BPS Analysis by End User, 2023 & 2033
Figure 111: MEA Market Y-o-Y Growth Projections by End User, 2023 to 2033
Figure 112: MEA Market Attractiveness Analysis by End User, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the current value of the bionic eye market?
The global bionic eye market is valued at US$ 297.1 million by 2023.
What is the estimated growth rate for the bionic eye market?
Sales of bionic eye solutions are expected to increase at a CAGR of 13% from 2023 to 2033.
What is the projected market value for bionic eye solutions by 2033?
Bionic eye technology demand is predicted to reach a market value of US$ 1 billion by 2033.
Who are the key manufacturers of bionic eyes?
Nidek Co. Ltd., MetaModal LLC, and Bionic Vision Technologies are some of the leading bionic eye manufacturing companies.
Which country is expected to be highly profitable for manufacturers of bionic eyes in Asia Pacific?
Australia is emerging as a lucrative market for bionic eye producers.
Bionic Eye Market