Retinal Implant Market Overview, End-User
Analysis and Growth Prospect till 2026
“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.”
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 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.
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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 t