Demand On Global Hair Transplant Market Size, News, Latest Updates, Demand and Forecast

  

Hair Transplant Market Overview

Market Research Future (MRFR) studied the Global Hair Transplant Market 2020 through the review period till 2023. As per MRFR study, the hair transplant marker is expected to rise at 24.0% CAGR through the review period. By 2023, the global market of hair transplant is expected to value at USD 23,881.9 Mn. COVID 19 assessment for the global hair transplant market is offered. The extensive application of hair transplant to treat male pattern baldness can underpin the market surge. The availability of over-the-counter (OTC) hair restoration solutions can promote the market growth. The rise in surgical procedures, increase in consumption of drugs, and changes in lifestyle are other cause that are observed to cause baldness, thus can favor the hair transplant market.

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The availability of advanced hair transplant procedures can favor the market expansion. In addition, the increase in case of success with hair transplantation procedures can promote the market rise by the end of the review period. The introduction of robotic-assisted and automated hair transplantation techniques can also boost the market.

Hair Transplant Market Key Players

DICAMAT, Cole Instruments Inc., Restoration Robotics Inc., Ethics hair Instruments, Bernstein Medical, and Bosley are some companies in the Covid19 analysis on Hair Transplant Market that are listed by MRFR. Different organic and inorganic expansion strategies adopted by these companies can aid them gain competitive advantage over their competitors. Mergers & acquisitions, partnerships and collaborations, product launches, and joint ventures are some of the growth plans that are adopted by these players.

Hair Transplant Market Segmentation

The segment study of the global hair transplant market is done by surgery type, surgical method, and end user.

The surgical method-based segments of the hair transplant market are follicular unit extraction (FUE), and follicular unit transplantation (FUT) among others. The follicular unit transplantation segment can dominated the market. The follicular unit extraction sub-segments are robotic hair transplantation, follicular isolation technique, and automated FUE hair transplantation.

The surgery type-based segments of the hair transplant market are eyebrow transplant, head hair transplant, and frontal hairline lowering or reconstruction among others.

The end user-based segments of the global hair transplant market are hospitals, trichology clinics, and dermatologic clinics among others.

Global Hair Transplant Market, by Surgical Method

• Follicular Unit Transplantation (FUT)
• Follicular Unit Extraction (FUE)
• Follicular Isolation Technique
• Robotic Hair Transplantation
• Automated FUE Hair Transplantation
• Others

Global Hair Transplant Market, by Surgery Type

• Head Hair Transplant
• Eyebrow Transplant
• Frontal Hairline Lowering or Reconstruction
• Others

Global Hair Transplant Market, by End User

• Trichology Clinics
• Hospitals
• Dermatologic Clinics
• Others

 

Hair Transplant Market Regional Analysis

North America hair transplant market can rise a decent pace across the evaluation period as surge in the emphasis on skincare, changing lifestyle of people, extensive use of cosmetics, and rise in the demand for restoration of hair can are reported. In North America, an increase in hair transplant procedure is observed due to high psychological stress, poor dietary habits, reduced nutritional levels as the age progresses, and hormonal changes.

In Asia Pacific, the hair transplant market is expected to surge due to increase in cases of baldness.  In addition, rise in incidences of stress and workload and deterioration of mental and physical health among youth, lifestyle disorders, rising prevalence of skin disease, rise in social influence, psychological stress, and peer pressure among others can bolster APAC hair transplant market for the review period.

In Europe, the prevalence of unhealthy eating habits among adults and the teenage populace, mounting need for technological advancement in the skincare industry, low price for hair transplant treatment, and surge in urbanization can cause the UK, and Germany to head the regional market.

In the Middle East and Africa, the hair transplant market can surge at high pace as the awareness about less invasive hair transplant procedure is observed to spread. Rise in spending on medical infrastructure development can favor MEA hair transplant market by 2023

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Analysis On Global Duloxetine API Market, by Application, Research Report and Forecast to 2023

 Duloxetine API Market Information: by Application (Major Depressive Disorder, Generalized Anxiety Disorder (GAD), Fibromyalgia, Neuropathic Pain, Chronic Musculoskeletal Pain), by Region (Americas, Europe, Asia-Pacific, Others) - Forecast till 2023

Duloxetine Active Pharmaceutical Ingredients (API) Market Analysis

The global duloxetine API market is likely to touch USD 3,985.0 million at a 3.52% CAGR between 2017- 2023, reveals the new Market Research Future (MRFR) report. Active pharmaceutical ingredients or API are utilized to manufacture pharmaceutical formulations. Duloxetine is an effective serotonin-norepinephrine reuptake inhibitor that is used to treat anxiety and depression. Besides, it is also used to relieve neuropathic pain in those with ongoing pain due to medical conditions like fibromyalgia, chronic back pain, or arthritis, or those suffering from diabetes

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Duloxetine blocks the reabsorption of serotonin and neurotransmitters norepinephrine in the brain. Serotonin is a naturally occurring neurotransmitter that plays an imperative role in various bodily functions such as pain perception, gastrointestinal function, and mood regulation. Noradrenaline or norepinephrine is both a neurotransmitter and a hormone. This chiefly acts in the locus coeruleus, which is a part of the brainstem. It impacts how people perceive the thought process, blood pressure, movement, emotions, mood, and pain. Duloxetine helps to boost the amount of norepinephrine and serotonin in the brain. Such chemicals stop the movement of the pain signals in the brain and keep mental balance. Chronic musculoskeletal pain, neuropathic pain, fibromyalgia, generalized anxiety disorder, major depressive disorder, and others are some of its key applications. 

Various factors are adding to the duloxetine API market share. Such factors, as revealed by the latest MRFR report, include the increasing trend of outsourcing, rising prevalence of anxiety, rising penetration of generic drugs, and increasing cases of depression. Besides, the burgeoning demand for newly made small molecule drugs is also adding market growth. 

Duloxetine Active Pharmaceutical Ingredients (API) Market Segment analysis

The global Duloxetine Active Pharmaceutical Ingredients (API) Market has been segmented into application. Based on application, the market has been segmented into major depressive disorder, generalized anxiety disorder, fibromyalgia, neuropathic pain, chronic musculoskeletal pain, and others. The chronic musculoskeletal pain accounted for a market value of USD 200.0 million in 2017.

Regional Analysis

Geographically, the Americas is expected to dominate the global duloxetine API market. In this region, North America is expected to dominate the market owing to the increasing incidence of chronic diseases such as psychological disorders, diabetes, increasing government focus on generic drugs, and technological advancements in the manufacturing processes of APIs. In Europe, the market growth is majorly due to the increasing pharmaceutical sector. Additionally, in Europe, countries such as the UK, Germany, and France have a higher demand for API and thereby drive the growth of the overall market. The Asia-Pacific market for duloxetine API is considered to be growing significantly due to the rising healthcare spending and a growing number of contract manufacturing organizations (CMOs). In this region, Japan accounted for a market share of 13.7% in 2017. Moreover, the Middle East and Africa accounted for the least share of the market. The low market share is due to the limited number of companies manufacturing duloxetine API.

Key Findings of the Study:

• Global duloxetine API market is projected to reach USD 3,985.0 million by 2023 with 3.52% CAGR during the review period of 2018 to 2023.
• Americas accounted for the largest share in the region due to the rapidly growing prevalence of anxiety and depression.
• Some of the players operating in the duloxetine API market include Lupin, Teva Pharmaceutical Limited, Sun Pharmaceutical Industries Ltd, Aurobindo Pharma, Lupin, Zydus Cadila, among others.

This research report provides insights, on various levels of analysis such as industry analysis, market share analysis, leading market players, and their profiles. This report also helps in studying the target segments by providing views on emerging and high-growth segments and market conclusion. Together the market data comprises and discusses basic assessments on the competitive scenarios and strategies of the global duloxetine API market, including the high-growth regions and their political, economic, and technological environments. Furthermore, the project report also provides views over historical market values as well as, pricing and cost analysis of the same.

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Diabetes Monitors Market Trends 2020 | Latest Research Report, Size, Share, Growth Factors and Demand

  Global Diabetes Monitors Market Research Report By Sample (Blood, Sweat, Urine), Type (Point Sample Test-Based Glucose Monitors, CGM, Component (Lancet, Glucose Test Strips, Sensors (Enzyme Based and Enzyme Free Sensors)), End Users - Forecast till 2023

Market Highlights

Market Research Future (MRFR) evaluated the diabetes monitors market 2020 for the forecast period 2017-2023. By 2023, the diabetes monitor market can rise at 8.3% CAGR.

The increase in low fiber food intake is leading to rise in metabolic diseases. Among these, most are diabetic patients. Along with the rise in cases of type 1 diabetes, type 2 diabetes cases are also observed to peak. Diabetes is a silent killer and requires periodic check-up. Often, frequent visit to clinics becomes tedious. Hence, are large number of patients prefer diabetes monitor that can check blood glucose level at home. At the same time, to monitor types of diabetes and also, gestational diabetes, hospitals and clinics highly rely on diabetes monitors. Other type of diabetes, such as monogenic diabetes and cystic fibrosis-related diabetes can also be checked by diabetes monitors. These are some factors that are observed to promote the expansion of the diabetes market in the years ahead. Other causes that can favor the   diabetes monitoring market are technological innovations, hefty research funds, rise in diabetes cases, rapid approval by regulatory bodies, and expansion of world obesity population. On the contrary, high diagnosis and treatment expense for diabetes, and lack of good reimbursement policies can limit the diabetes monitors market rise in the years to come.

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Market Segmentation

 

The segment assessment of the diabetes monitors market is done by type, sample, end-users, and component.

The sample based segment of the diabetes monitors market are sweat samples, blood samples, and urine samples among others.

The type based segment of the diabetes market are continuous glucose monitors (CGM), point sample test based glucose monitors, and enzyme free sensor based glucose monitors. The continuous glucose monitors are used largely. Re-usable sensor-based and Disposable sensor-based are two popular types of CGM.

The component based segment of the diabetes monitor market are sensors, lancet, and glucose test strips. Sensors sub-segments are enzyme-free sensors and enzyme-based sensors.

The end –users based segment of the diabetes monitor market are hospitals, diagnostic clinics, and home. The home segment to earn decent revenue for the world market.

 

Regional Analysis

 

Trends of the diabetes monitors market is assessed across EU, the Americas, APAC, and the MEA. The expansion of the diabetes patient in North America due to sedentary life style and high intake of low fiber content diet can tout North America diabetes monitor market in the analysis period. According to National Diabetes Statistics Report, a considerable population of the U.S. has type 1 diabetes. In addition, increase in cases of type 2 diabetes in the region is also creating the demand for diabetes monitors. These are identified as factors that can boost the regional market in the analysis period. In Europe, the diabetes monitor market can earn high revenue in the approaching years due to similar growth factors that are observed in North America. In addition, the rise in support from the regional government are observed to make substantial investment in the healthcare domain for effective innovations that can improve the momentum of Europe market. In Asia Pacific, the rise in the need for cost-effective glucose monitoring devices by the large pool of patient can drive the expansion of the regional diabetes monitor market. In MEA, the market can experience moderate growth as technical development in the region is yet to match the rest of the World.

Major Key Players

MRFR lists some noteworthy diabetes monitor marketers. They are; Abbott Laboratories, Panasonic, Dexcom, Inc., F. Medtronic, Hoffmann-La Roche Ltd, Sanofi, and LifeScan, Inc.

List of Tables

TABLE 1 GLOBAL DIABETES MONITORS MARKET,BY SAMPLE USD MILLION 2014-2023 41

TABLE 2 GLOBAL DIABETES MONITOR MARKET FOR BLOOD SAMPLE USD MILLION 2014 – 2023 42

TABLE 3 GLOBAL DIABETES MONITOR MARKET FOR SWEAT SAMPLE USD MILLION 2014 – 2023 43

TABLE 4 GLOBAL DIABETES MONITORS MARKET BY TYPE USD MILLION 2014 - 2023 45

TABLE 5 GLOBAL CONTINUOUS GLUCOSE MONITORS MARKET BY TYPE USD MILLION 2014 – 2023 46

TABLE 6 GLOBAL DIABETES MONITOR MARKET FOR POINT SAMPLE TEST BASED GLUCOSE MONITORS

USD MILLION 2014 – 2023 47

TABLE 7 GLOBAL DIABETES MONITOR MARKET FOR CONTINUOUS GLUCOSE MONITORS

USD MILLION 2014 – 2023 47

TABLE 8 GLOBAL DIABETES MONITOR MARKET FOR ENZYME FREE SENSOR BASED GLUCOSE MONITORS

USD MILLION 2014 – 2023 48

TABLE 9 GLOBAL DIABETES MONITORS MARKET BY COMPONENTS USD MILLION 2014 – 2023 49

TABLE 10 GLOBAL DIABETES MONITORS SENSORS MARKET BY TYPE USD MILLION 2014 – 2023 50

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
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NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

 

 

 

 

 AI in Drug Discovery Market Overview

Artificial intelligence (AI) has become an integral part of the drug discovery procedures as they are capable of unfolding the new aspects and are less time consuming, which makes them suitable for developing new products. This technique has found its primary usage in developing drugs for most complex diseases like pancreatic cancer and others. It has less faulty mechanisms and reduces any human-powered mistakes. All the factors mentioned above have attracted medical professionals, providing an instant and constant boost to this market.

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The pharmaceuticals and IT industries are collaborating to make this technology cheap and effective, which has helped the market gain desired growth. After observing the market and seeing the potentials, the major market players make hefty investments in AI, which has boosted the market and expanded the market stakes at the same time. As technology advances, the success rates are also increasing, which has increased its adoption, followed by increasing awareness in the developing regions.

Apart from the uses and features, the global AI in drug discovery market faces challenges from the high costs, lack of skilled personnel, and struggling healthcare system in weaker economies, which has degraded the market’s overall growth. This report provides a comprehensive outlook on competition, opportunities, drivers & restraints, and other factors affecting the local and global AI in drug discovery market. The global market is anticipated to register approximately a 40 % annual growth during this period.

AI in Drug Discovery Market Regional Classification

The AI in drug discovery market has gained global adoption due to its increase in chronic diseases, demands for better drugs, and a rise in healthcare standards. The Asia Pacific, North America, Europe, and the rest of the world are the major market studies for global AI in drug discovery market. The North American region is leading the market due to the presence of key manufacturers, demands for advanced technologies, increasing research & development activities, a well-established healthcare system, rigid regulations, and other factors. The Asia Pacific region will register the fastest growth rates due to the vast population covers, rapid urbanization, fast-developing healthcare systems, increasing health issues, and other factors.

AI in Drug Discovery Market Division

The global AI in drug discovery market is segmented into classes as follows:

The global AI in drug discovery market is segmented by software and services based on products.

The global AI in drug discovery market is segmented by large and small molecules based on molecule types.

Based on technology, the global AI in drug discovery market is segmented into deep learning, machine learning, and others.

Based on indication, the global AI in drug discovery market is segmented into neurodegenerative diseases, metabolic diseases, and others.

Based on applications, the global AI in drug discovery market is segmented into target screening, drug optimization, repurposing, and others.

Industry News

The global AI in drug discovery market has gained instant growth and is constantly moving towards stable future stances. The global market is led by the North American region, whereas the Asia Pacific region will register the fastest growth.

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Key Players

• Microsoft Corporation
• IBM Corporation
• Google (A Subsidiary of Alphabet Inc.)
• Atomwise, Inc.
• Deep Genomics
• Cloud Pharmaceuticals, Inc.
• Insilico Medicine
• BenevolentAI
• Exscientia
• Cyclica
• Bioage
• Numerate
• Numedii, Inc.
• Envisagenics
• Twoxar, Incorporated
• Owkin, Inc.
• Xtalpi, Inc.
• Verge Genomics
• Berg LLC

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Ligation Devices Market 2020| Business Strategies, Demand, Key Country Analysis with Forecast 2024

 Global Ligation Devices Market Report: By Product (Handheld Instruments, Accessories), Procedure (Minimally Invasive Surgery, Open Surgery), and Application (Gastrointestinal and Abdominal, Gynecological, Urological Applications)—Global Forecast till 2024

Market Highlights
Ligation devices are used during surgeries for closing incisions or to join separated organs/tissue parts. Favorable reimbursement policies, rising healthcare expenditure, an increasing number of surgeries, and growing research and development expenditures are the factors driving the market growth. According to the Centers for Disease Control and Prevention in 2017, Coronary heart disease (CHD) was estimated to be the most common type of heart disease within the US and was projected to cause 370,000 per year. However, the high cost of surgery and related side effects are estimated to restraint the market growth.

The global ligation devices market is expected to register a CAGR of 6.7% during the forecast period of 2019 to 2024.

Market Research Future (MRFR) recognizes the following companies as the key players in the global Ligation Devices Market that includes Medtronic, Johnson & Johnson, The Cooper Companies, Inc., Conmed Corporation, B. Braun Melsungen AG, Teleflex Incorporated, Olympus Corporation, Applied Medical Resources Corporation, Grena Think Medical, Genicon, Inc.

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Regional Analysis

The Americas dominated the global ligation devices market in 2018. Factors such as increasing healthcare expenditure and the rising incidence of chronic diseases are the major drivers within the region.

In 2018, it was estimated that Europe stood second in the global ligation devices market owing to increasing awareness, government support, development of technologically advanced medical products, and a growing number of surgeries. Moreover, the presence of developed economies (Germany, France, UK) boosts the market growth.

Asia-Pacific was the fastest growing region for the global ligation devices market in 2018. Factors such as increasing healthcare infrastructure, favorable government policies, an increasing number of surgeries and rising medical tourism drive the market growth within the region. According to the Indian Brand Equity Foundation in 2017, the Indian healthcare sector was estimated to be one of the fastest growing industries and is estimated to reach USD 280 billion by 2020 with a CAGR of 22.87% from 2015.

On the other hand, the Middle East and Africa held the least share in the global ligation devices market. Factors such as the presence of poor economies and low per capita income, especially within the African region make the market to lag within the region.

Segmentation
The global ligation devices market is segmented based on product, procedure, application, end user, and region.
On the basis of product, the market is segmented into handheld instruments and accessories. Based on procedure, the market is segmented into minimally invasive surgery and open surgery. The application segment is segmented into gastrointestinal and abdominal applications, cardiovascular applications, gynecological applications, urological applications, and others. Based on the end user, the market is segmented into hospitals & clinics, ambulatory surgical center, and others.

Key Players

Some of the key players in the global ligation devices market are Medtronic, Johnson & Johnson, The Cooper Companies, Inc., Conmed Corporation, B. Braun Melsungen AG, Teleflex Incorporated, Olympus Corporation, Applied Medical Resources Corporation, Grena Think Medical, Genicon, Inc., and others.

Table Of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

…..

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Small Molecule API Market- Trends, Analysis and Growth Factors and Demand

Global Small Molecule API Market – Overview

Development in the small molecule API can be attributed due to the growth observed in the pharmaceutical and chemical sector. Market reports linked to the healthcare sector along with published reports on other sectors have been lately made available by Market Research Future, which has also published a report on this market. The industry for small molecule API is anticipated to grow with a CAGR of 7.0 percent while touching revenues worth $279.7 billion in revenue approximately from 2016 to 2027.

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The increasing growth of pharmaceutical sector has been beneficial to the expansion of the small molecule API market. Cardiovascular disorder segment is expected to grow at positively in the forecast period owing to increased consumer demand. The ease of procurement of raw materials has been advantageous to the development of the industry further. The industry is expected to gain momentum with the development of better distribution networks that will accelerate industry growth in the forecast period.

Global Competitive Analysis

The corporate strategy of the competitors in the market is focused currently on capitalizing the dynamic pace of technological innovations which have led to plenty of changes both in terms of product development and handling competition. This particular trend has enabled portfolio improvement along with the affinity for diversification in the sector, which has indirectly enabled the players to use the valuable state of dealings available in this industry. The use of these prospects by contenders, who are trying to cultivate their industry stake by intensive expansion can stimulate the expansion of this industry. The companies are also moreover trying to create and capture financial in a suitable manner. This has elevated the potential for the forthcoming growth period significantly. The strategic decision-making process has increased the productivity of companies so that they maintain their company’s liquidity and sustain feasible to take effective choices in terms of strategy designing and implementation.

A few of the major contenders in this industry are:

• Allergan Plc
• Aurobindo Pharma
• Albemarle Corporation
• Reddy’s Laboratories Ltd
• Glaxosmithkline Plc
• Cambrex Corporation
• Lonza and more.

Industry Segments 

The Small Molecule API Industry globally has been segmented on the basis of types which include biological API and synthetic/chemical API. On the basis of application the industry is divided into oncology, immunological disorders, cardiovascular, diabetes among others. On the basis of manufacturing method, the industry is divided into contract manufacturing and in-house. 

Detailed Regional Analysis

The small molecule API industry covers five regions majorly such as Latin America, Europe, Asia Pacific, North America, Middle East and Africa. The North American region is the biggest market for the small molecule API industry. The European region is the next largest region for the small molecule API industry. Additionally, the Asia pacific region is estimated to be the most rapidly growing region for small molecule API industry.

Industry Updates:

March 2018 Arcinova, a UK based company, which provides integrated end to end solutions and standalone services to pharmaceutical and biotech companies will now have access to Sterling Pharma Solutions’ scale up and pilot plant assets, which will match the company’s existing abilities. Sterling Pharma Solutions which is also based in UK and is located 28 miles from the Arcinova site. The premises include pilot plant assets that range between 50lt up to 1300lt capacity, with a 5-100kg batch generation capability. The combined service offering will enable Arcinova to ensure technical transfer from grams to 100’s kilogram scale and is intended to guarantee an integrated premises to meet their clients’ drug substance requests, from preclinical up to full scale commercial launch stages. Sterling Pharma Solutions is a provider of small molecule API development and services to the pharmaceutical industry globally.

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Global Retinal implants Market -Size, share and Regional Demand

 Retinal implants have cropped up as breakthrough therapy in the treatment of visual impairment. The global retinal implants market is advancing at a rapid pace and is projected to reach a significant valuation in the forthcoming years, reveals Market Research Future (MRFR) in a recently published research report.

The widespread prevalence of retinal disorders such as age-related macular degeneration and retinitis pigmentosa has generated considerable demand for retinal implants. Retinal implants have demonstrated significant restoration of vision in cases which were previously far off impossible to 
achieve.

Growing popularity of minimally invasive surgical techniques is a crucial driver of the global retinal implants market. Retinal implants do not require much invasion and can be implanted with minimal incision which makes patients opt for them.

The growth in the global retinal implants market can also be attributed to the rise in global geriatric population. The aged populace is more prone to visual impairment and acquiring retinal disorders such as age-related macular degeneration and induce high demand for diagnosis and treatment and consequently boost the growth of the Retinal Disease Therapeutics Market.

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Substantial investment in R&D activities by various medical device manufacturers and governments have led to the development of advanced retinal implants which can be successfully implanted in patients. Extensive clinical trial activities have also contributed to the growth of the market. Few retinal implants have already cleared clinical trials, and many more are underway which is expected to spur the market in the future. In addition, the rise in a number of FDA approvals has been a plus for the growth of the global retinal implants market.

A large number of retinal implants are due for approval and patent from various regulatory authorities, the market stores opportunities for expansion. Also, expected expansion in reimbursement coverage for retinal implants is also expected to augment the market in the coming years. Other driving factors include the rise in the prevalence of degenerative diseases and raising awareness regarding the availability of the device which raises adoption. However, lack of skilled medical professionals with adequate knowledge of performing surgery and stringent and complex FDA approval process remains a significant hurdle for the growth of the global retinal implants market. High costs associated with retinal implants, the risk of biocompatibility and unknown long-term efficacy of the product are also expected to hinder adoption.

Segmentation

The global retinal implants market has been segmented into device type, disease indication, and end user. By device type, the market has been segmented into retina implant alpha AMS, Argus II, implantable miniature telescope, and others.  By disease indication, the market has been segmented into age-related macular degeneration (AMD) and retinitis pigmentosa. By end user, the market has been segmented into multi-specialty hospitals, ophthalmic clinics, and research institutes.

Regional Analysis

North America, Europe, Asia Pacific, and the Rest of the World are the key markets for retinal implants. North America accounts for a substantial share of the global market. Higher availability of the product, improving reimbursement scenario and higher affordability in the region supports the growth of the North America market for retinal implants. Presence of highly skilled surgeons to perform immensely complex surgical procedure also accelerates adoption in the region.

In Europe, the market is driven by an increase in R&D activities and the expansion of clinical trials.

Presence of developing countries such as India, China, and Japan, who outlay massive amounts on healthcare expenditure, coupled with growing disposable income and affordability supports the growth of the market in Asia Pacific.

Rest of the World market is expected to fare well in the coming years since various market players are foraying into the untapped regions to leverage the potential they offer for market expansion.

Competitive Landscape

Second Sight Medical Products, Inc.; Retina Implant AG,  VisionCare, Inc., Bionic Vision Australia (BVA), Bionic Eye Technologies, Inc., and Visus Technology, Inc. are the key players operating in the global retinal implants market.

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