by The global bionic eye market size was estimated to be around US$ 286.1 million in 2022. It is projected to reach US$ 1,074.64 million by 2032, indicating a CAGR of 14.2% from 2023 to 2032.
Key Takeaways
- North America contributed more than 46% of revenue share in 2022.
- Asia Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
- By type, the external eye segment has held the largest market share of 62% in 2022.
- By type, the implanted eye segment is anticipated to grow at a remarkable CAGR of 18.1% between 2023 and 2032.
- By technology, the electronic segment generated over 72% of revenue share in 2022.
- By technology, the mechanical segment is expected to expand at the fastest CAGR over the projected period.
- By indication, the vision loss and impairment segment generated over 68% of revenue share in 2022.
- By indication, the dry age-related macular degeneration segment is expected to expand at the fastest CAGR of 17.5% in the projected period.
- By end-users, the hospitals segment had the largest market share of 59% in 2022.
- By end-users, the ophthalmic clinics segment is expected to expand at the fastest CAGR over the projected period.
The market research report on the Bionic eye market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Bionic eye products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.
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Bionic Eye Market Scope
| Report Coverage | Details |
| Growth Rate from 2023 to 2032 | CAGR of 14.2% |
| Market Size in 2023 | USD 325.30 Million |
| Market Size by 2032 | USD 1,074.64 Million |
| Largest Market | North America |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Type, By Technology, and By End Users |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Read More: Zirconium Market Size to Garner USD 3.80 Billion by 2032
The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.
Focusing on the global Bionic eye market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Bionic eye market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.
Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Bionic eye products across different countries and applications.
Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.
The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.
This in-depth research report offers valuable insights into the Bionic eye market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.
The competitive landscape section of the report provides detailed information on Bionic eye market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Bionic eye market.
Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report
Reasons to Purchase this Report:
- Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
- In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
- Market size in USD million and volume in million units provided for each segment and sub-segment.
- Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
- Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.
Bionic Eye Market Players
- Second Sight Medical Products, Inc.
- Pixium Vision
- Retina Implant AG
- Bionic Vision Australia
- iBionics
- Nano Retina
- The Johns Hopkins University
- MicroOptical
- Bionic Eye Technologies
- Optobionics Corporation
- Biomedical Technologies Inc.
- Monash Vision Group
- Nano Retina (Israel)
- MetaModal LLC
- Neostrata Company, Inc.
- Intelligent Retinal Implant System
Market Segmentations
By Type
- External Eye
- Implanted Eye
By Technology
- Electronic
- Mechanical
By End Users
- Hospitals
- Ophthalmic Clinics
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Bionic Eye Market
5.1. COVID-19 Landscape: Bionic Eye Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Bionic Eye Market, By Type
8.1. Bionic Eye Market Revenue and Volume, by Type, 2023-2032
8.1.1 External Eye
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Implanted Eye
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Bionic Eye Market, By Technology
9.1. Bionic Eye Market Revenue and Volume, by Technology, 2023-2032
9.1.1. Electronic
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Mechanical
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Bionic Eye Market, By End Users
10.1. Bionic Eye Market Revenue and Volume, by End Users, 2023-2032
10.1.1. Hospitals
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Ophthalmic Clinics
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
10.1.3. Others
10.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Bionic Eye Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.1.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.1.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.1.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.1.4.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.1.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.1.5.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.2.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.2.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.2.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.2.4.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.2.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.2.5.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.2.6.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.2.6.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.2.7.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.2.7.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.3.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.3.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.3.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.3.4.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.3.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.3.5.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.3.6.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.3.6.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.3.7.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.3.7.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.4.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.4.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.4.4.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.4.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.4.5.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.4.6.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.4.6.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.4.7.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.4.7.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.5.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.5.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.5.4.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.5.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.5.5.3. Market Revenue and Volume Forecast, by End Users (2020-2032)
Chapter 12. Company Profiles
12.1. Second Sight Medical Products, Inc.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Pixium Vision
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Retina Implant AG
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Bionic Vision Australia
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. iBionics
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Nano Retina
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. The Johns Hopkins University
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. MicroOptical
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Bionic Eye Technologies
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Optobionics Corporation
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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