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Bionic Eye Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global bionic eye market reached a value of US$ XX Million in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

The bionic eye is a visual prosthetic device used for restoring vision in a defective eye with complete or partial blindness. It consists of a camera and microelectrodes that are surgically placed in or near the eye and is connected to the optic nerve to transmit impulses to the brain. The bionic eye converts the light into a high-contrast representation, a portion of which is transmitted for further processing. Electrical stimulation through the surviving optic nerves enables the individual to perceive small spots of light or phosphenes, which are converted to images, thereby enabling the individual to see.

 

 
 

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Bionic Eye Market Trends:

The increasing prevalence of macular degeneration and other eye-related disorders across the globe is one of the key factors driving the growth of the market. The eyesight is further aggravated in patients suffering from conditions, such as diabetes, cardiovascular disorders (CVDs) and obesity, thereby positively impacting the demand for bionic eyes. Moreover, rising awareness among the masses regarding the available treatment alternatives for complete or partial blindness is providing a thrust to the market growth. Various healthcare institutions are also conducting extensive research and development (R&D) activities to improving the efficiency of bionic eyes and reducing the cost of production for mass utilization. Additionally, the development of infrared (IR) and battery-powered bionic eyes is also contributing to the market growth. Other factors, including rising geriatric population, which is more susceptible to chronic eye-related ailments, along with significant improvements in the healthcare infrastructure, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global bionic eye market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, technology and end user.

Breakup by Type:

  • External Eye
  • Implanted Eye
     

Breakup by Technology:

 

 
 

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  • Electronic
  • Mechanical
     

Breakup by End User:

  • Hospitals
  • Ophthalmic Clinics
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AAV Media LLC, Bionic Vision Technologies, iBIONICS, Monash Vision Group, NIDEK Co. Ltd., Pixium Vision and Second Sight Medical Products Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Type, Technology, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered AAV Media LLC, Bionic Vision Technologies, iBIONICS, Monash Vision Group, NIDEK Co. Ltd., Pixium Vision and Second Sight Medical Products Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global bionic eye market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global bionic eye market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global bionic eye market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Bionic Eye Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    External Eye
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Implanted Eye
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Technology
    7.1    Electronic
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Mechanical
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by End User
    8.1    Hospitals
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Ophthalmic Clinics
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    AAV Media LLC
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Bionic Vision Technologies
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    iBIONICS
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Monash Vision Group
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    NIDEK Co. Ltd.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 SWOT Analysis
        14.3.6    Pixium Vision
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
        14.3.7    Second Sight Medical Products Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials

List of Figures

Figure 1: Global: Bionic Eye Market: Major Drivers and Challenges
Figure 2: Global: Bionic Eye Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Bionic Eye Market: Breakup by Type (in %), 2021
Figure 5: Global: Bionic Eye Market: Breakup by Technology (in %), 2021
Figure 6: Global: Bionic Eye Market: Breakup by End User (in %), 2021
Figure 7: Global: Bionic Eye Market: Breakup by Region (in %), 2021
Figure 8: Global: Bionic Eye (External Eye) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Bionic Eye (External Eye) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Bionic Eye (Implanted Eye) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Bionic Eye (Implanted Eye) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Bionic Eye (Electronic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Bionic Eye (Electronic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Bionic Eye (Mechanical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Bionic Eye (Mechanical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Bionic Eye (Hospitals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Bionic Eye (Hospitals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Bionic Eye (Ophthalmic Clinics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Bionic Eye (Ophthalmic Clinics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Bionic Eye (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Bionic Eye (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: North America: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: North America: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: United States: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: United States: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Canada: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Canada: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Asia-Pacific: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Asia-Pacific: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: China: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: China: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Japan: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Japan: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: India: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: India: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: South Korea: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: South Korea: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Australia: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Australia: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Indonesia: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Indonesia: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Others: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Others: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Europe: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Europe: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Germany: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Germany: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: France: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: France: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: United Kingdom: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: United Kingdom: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Italy: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Italy: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Spain: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Spain: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Russia: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Russia: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Latin America: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Latin America: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Brazil: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Brazil: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Mexico: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Mexico: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Middle East and Africa: Bionic Eye Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Middle East and Africa: Bionic Eye Market: Breakup by Country (in %), 2021
Figure 70: Middle East and Africa: Bionic Eye Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Global: Bionic Eye Industry: SWOT Analysis
Figure 72: Global: Bionic Eye Industry: Value Chain Analysis
Figure 73: Global: Bionic Eye Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Bionic Eye Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Bionic Eye Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Bionic Eye Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Bionic Eye Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Bionic Eye Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Bionic Eye Market: Competitive Structure
Table 7: Global: Bionic Eye Market: Key Players


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