Artificial retina market by implant type, disease type, end user, and region. KePosted by saikrishna on October 23rd, 2018 High surge in the global artificial retina market and its current and future trends
Artificial retina is the medical device consists an array of microelectrodes. These devices are implanted into eyes of people those are blind due to the retinal disease. These devices are used in the retinal degenerative disease that causes the damage of photoreceptor cells of retina and leads to complete vision loss. These devices restore the vision by capturing light, convert into electrical signals and form an image by stimulating the neurons in retina. Some of the driving factors responsible for the growth of artificial retina market are increase in the prevalence of vision impaired patients coupled with rise in geriatric population, rise in R&D for the innovation of newer devices and government support for the R&D activities for the innovation of newer devices. However, stringent regulatory policies for product approval, high cost of artificial retina treatment and high R&D expenditure are hampering the global artificial retina market. The artificial retina market is divided into following categories-
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