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Bionic Eye Market Share

Report ID: GMI8433
Published Date: Mar 2024
Report Format: PDF

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Bionic Eye Market Share

The bionic eye industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced products based on different technologies is among a key market strategy. Some of the leading industry players have a notable presence in the market.

Bionic Eye Market Companies

Some of the eminent market participants operating in the bionic eye industry include:

Bionic Eye Technologies, Inc.
Bionic Vision Technologies
iBionics
Monash Vision Group
Nidek Co. Ltd.
Optobionics
Pixium Vision SA
Schott
Second Sight Medical Products, Inc.
Vivani Medical, Inc.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global bionic eye market was valued at around USD 286.3 million in 2023 and is estimated to reach over USD 762.5 million by 2032, owing to the increasing prevalence of vision loss and other chronic eye diseases.

The electronic segment is estimated to account for around USD 494.4 million by 2032, as advanced electronic components such as microelectrode arrays and signal processing units facilitate enhanced visual perception by converting visual input into electrical signals.

In 2023, North America bionic eye market accounted for a revenue share of 40.5%, attributed to rising prevalence of vision-related conditions, continuous technological progress, substantial investments in healthcare, and the growing aging population.

Bionic Eye Technologies, Inc., Bionic Vision Technologies, iBionics, Monash Vision Group, Nidek Co. Ltd., Optobionics, Pixium Vision SA, Schott, Second Sight Medical Products, Inc., and Vivani Medical, Inc.