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Bionic Eye Market 2027

Bionic eye is a processor chip that is placed in the back of the eye. This devices are utilized to treat the blindness in the people. Global bionic eye market is growing at a high rate. Growing demand for the bionic eye and increasing number of visually impair

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Bionic Eye Market 2027

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  1. Bionic Eye Market Research Report – Global Forecast till 2027 P a g e | 1 Copyright © 2017 Market Research Future.

  2. Bionic Eye Market Research Report – Global Forecast till 2027 1Summary: Bionic eye is a processor chip that is placed in the back of the eye. This devices are utilized to treat the blindness in the people. Global bionic eye market is growing at a high rate. Growing demand for the bionic eye and increasing number of visually impaired individuals across the world are the major factors driving the growth of the market. Increasing standard of living in developing is further influencing the growth of the market. According to WHO (World Health Organization), number of visually impaired is continuously growing and about 90% of this patient are living in developing countries. Increasing individuals having vitamin deficiency and growing diseases related to blindness is also contributed in the growth of the market. Adjacent to this increasing aging population across the world is also influencing the growth of market. While high cost and limited surgical professionals of the treatment can hamper the growth of the market. The market is forecasted to demonstrate a double digit growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period 2017–2023. Key Players: Bionic Eye Alliance Inc.(U.S), Camurus (Sweden), Henkel Corporation (U.S), Ashland Inc. (U.S.), 3M Company (U.S.), Adhesives Research (U.S.), Yparex B.V. (the Netherlands), EcoSynthetix Inc. (Canada), Adhbio (Spain) are some of the prominent players at the forefront of competition in the Global Bio adhesive Market and are profiled in MRFR Analysis. P a g e | 2 Copyright © 2017 Market Research Future.

  3. Bionic Eye Market Research Report – Global Forecast till 2027 2 Segmentation: Global bionic eye market is segmented on the basis of type into external eye and implanted eye. External eye is further sub segmented into retinal prosthesis and microsystem-based visual prosthesis (MIVP). On the basis of technology, they are segmented into electronic and mechanical and on the basis of end user he market is segmented into hospitals, clinics, and others. P a g e | 3 Copyright © 2017 Market Research Future.

  4. Bionic Eye Market Research Report – Global Forecast till 2027 3 Regional Analysis: Global bionic eye market is segmented on the basis of geographies or regions which mainly includes Americas, Europe, Asia Pacific, and Middle East & Africa. Americas is dominating the global market for bionic eye with more than 40% share of the total market in 2016. The major factor for the growth of the market include due to high incidence of prevalence of individuals with eye issues, rising healthcare expenditure, increasing technology advancement and presence of major manufacturers furthermore influence the growth of market in Americas. Europe holds the second largest share of the global bionic eye market. Asia Pacific is the fastest growing bionic eye market across the globe. In Asia-Pacific there is wide range of opportunities for bionic eye market due to the presence of developing countries, companies grabbing these opportunities and expanding their presence in the region. These rising development in the region is further influencing the growth of the market. The Middle East & Africa holds the least share of the global market due to limited availability of medical facilities. The UAE, Saudi Arabia, and Kuwait are expected to drive the Middle East & African market. Whereas, the African region is expected to witness a moderate growth. P a g e | 4 Copyright © 2017 Market Research Future.

  5. Bionic Eye Market Research Report – Global Forecast till 2027 P a g e | 5 Copyright © 2017 Market Research Future.

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