The Latin America, Middle East and Africa Bionic Eye Market would witness market growth of 14.8% CAGR during the forecast period (2020-2026). The bionic eye market is driven globally due to the rising number of patients suffering from complete or partial blindness. Moreover, increasing problems of eye-related to aging is another major factor leading to the growth of the market. According to a report by the WHO, nearly 250 million people above 50 years of age are visually damaged. More than 80% of people in the developing countries are suffering from problems related to eyesight, and due to financial conditions, almost 50% of people are not able to have a proper treatment.
Bionics is also referred to as biomedical implants that are artificial devices added to the body. The artificial implants restore the normal functioning of the lost or non-functional body parts. The rise in the geriatric population, an increase in the number of patients suffering from chronic diseases, and the government’s attention to funding R&D initiatives are likely to drive the growth of the market. Though, the high cost of the bionic devices and treatment is expensive in addition to its stringent approval process for such devices that are anticipated to hinder the market growth.
Based on Technology, the market is segmented into Electronic and Mechanical. Based on End Use, the market is segmented into Hospitals, Eye Clinics and Other End uses. Based on Type, the market is segmented into Implanted Eye and External Eye. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Bionic Eye Market in LAMEA is expected to register a CAGR of 14.8% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Second Sight Medical Products, Inc., Pixium Vision S.A., Nidek Co., Ltd., Optobionics Corporation, Biomedical Technologies S.L., Bionic Vision Technologies Pty. Ltd., Monash Vision Group, The Bionic Eye (The Bionic Group), Nano Retina Ltd. and iBionics.
Scope of the LAMEA Bionic Eye Market Analysis
Market Segmentation:
By Technology
By End Use
- Hospitals
- Eye Clinics
- Other End uses
By Type
- Implanted Eye
- External Eye
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Second Sight Medical Products, Inc.
- Pixium Vision S.A.
- Nidek Co., Ltd.
- Optobionics Corporation
- Biomedical Technologies S.L.
- Bionic Vision Technologies Pty. Ltd.
- Monash Vision Group
- The Bionic Eye (The Bionic Group)
- Nano Retina Ltd.
- iBionics
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Bionic Eye Market, by Technology
1.4.2 LAMEA Bionic Eye Market, by End Use
1.4.3 LAMEA Bionic Eye Market, by Type
1.4.4 LAMEA Bionic Eye Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Bionic Eye Market by Technology
3.1 LAMEA Electronic Market by Country
3.2 LAMEA Mechanical Market by Country
Chapter 4. LAMEA Bionic Eye Market by End-use
4.1 LAMEA Hospitals Market by Country
4.2 LAMEA Eye Clinics Market by Country
4.3 LAMEA Other End uses Market by Country
Chapter 5. LAMEA Bionic Eye Market by Type
5.1 LAMEA Implanted Eye Bionic Eye Market by Country
5.2 LAMEA External Eye Bionic Eye Market by Country
Chapter 6. LAMEA Bionic Eye Market by Country
6.1 Brazil Bionic Eye Market
6.1.1 Brazil Bionic Eye Market by Technology
6.1.2 Brazil Bionic Eye Market by End-use
6.1.3 Brazil Bionic Eye Market by Type
6.2 Argentina Bionic Eye Market
6.2.1 Argentina Bionic Eye Market by Technology
6.2.2 Argentina Bionic Eye Market by End-use
6.2.3 Argentina Bionic Eye Market by Type
6.3 UAE Bionic Eye Market
6.3.1 UAE Bionic Eye Market by Technology
6.3.2 UAE Bionic Eye Market by End-use
6.3.3 UAE Bionic Eye Market by Type
6.4 Saudi Arabia Bionic Eye Market
6.4.1 Saudi Arabia Bionic Eye Market by Technology
6.4.2 Saudi Arabia Bionic Eye Market by End-use
6.4.3 Saudi Arabia Bionic Eye Market by Type
6.5 South Africa Bionic Eye Market
6.5.1 South Africa Bionic Eye Market by Technology
6.5.2 South Africa Bionic Eye Market by End-use
6.5.3 South Africa Bionic Eye Market by Type
6.6 Nigeria Bionic Eye Market
6.6.1 Nigeria Bionic Eye Market by Technology
6.6.2 Nigeria Bionic Eye Market by End-use
6.6.3 Nigeria Bionic Eye Market by Type
6.7 Rest of LAMEA Bionic Eye Market
6.7.1 Rest of LAMEA Bionic Eye Market by Technology
6.7.2 Rest of LAMEA Bionic Eye Market by End-use
6.7.3 Rest of LAMEA Bionic Eye Market by Type
Chapter 7. Company Profiles
7.1 Second Sight Medical Products, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Research & Development Expenses
7.1.4 Recent strategies and developments:
7.1.4.1 Geographical Expansions:
7.2 Pixium Vision S.A.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Research & Development Expenses
7.2.4 Recent strategies and developments:
7.2.4.1 Approvals:
7.3 Nidek Co., Ltd.
7.3.1 Company Overview
7.4 Optobionics Corporation
7.4.1 Company Overview
7.5 Biomedical Technologies S.L.
7.5.1 Company Overview
7.6 Bionic Vision Technologies Pty. Ltd.
7.6.1 Company Overview
7.7 Monash Vision Group
7.7.1 Company Overview
7.8 The Bionic Eye (The Bionic Group)
7.8.1 Company Overview
7.9 Nano Retina Ltd.
7.9.1 Company Overview
7.10. iBionics
7.10.1 Company Overview
TABLE 1 LAMEA Bionic Eye Market, 2016 - 2019, USD Million
TABLE 2 LAMEA Bionic Eye Market, 2020 - 2026, USD Million
TABLE 3 LAMEA Bionic Eye Market by Technology, 2016 - 2019, USD Million
TABLE 4 LAMEA Bionic Eye Market by Technology, 2020 - 2026, USD Million
TABLE 5 LAMEA Electronic Market by Country, 2016 - 2019, USD Million
TABLE 6 LAMEA Electronic Market by Country, 2020 - 2026, USD Million
TABLE 7 LAMEA Mechanical Market by Country, 2016 - 2019, USD Million
TABLE 8 LAMEA Mechanical Market by Country, 2020 - 2026, USD Million
TABLE 9 LAMEA Bionic Eye Market by End-use, 2016 - 2019, USD Million
TABLE 10 LAMEA Bionic Eye Market by End-use, 2020 - 2026, USD Million
TABLE 11 LAMEA Hospitals Market by Country, 2016 - 2019, USD Million
TABLE 12 LAMEA Hospitals Market by Country, 2020 - 2026, USD Million
TABLE 13 LAMEA Eye Clinics Market by Country, 2016 - 2019, USD Million
TABLE 14 LAMEA Eye Clinics Market by Country, 2020 - 2026, USD Million
TABLE 15 LAMEA Other End uses Market by Country, 2016 - 2019, USD Million
TABLE 16 LAMEA Other End uses Market by Country, 2020 - 2026, USD Million
TABLE 17 LAMEA Bionic Eye Market by Type, 2016 - 2019, USD Million
TABLE 18 LAMEA Bionic Eye Market by Type, 2020 - 2026, USD Million
TABLE 19 LAMEA Implanted Eye Bionic Eye Market by Country, 2016 - 2019, USD Million
TABLE 20 LAMEA Implanted Eye Bionic Eye Market by Country, 2020 - 2026, USD Million
TABLE 21 LAMEA External Eye Bionic Eye Market by Country, 2016 - 2019, USD Million
TABLE 22 LAMEA External Eye Bionic Eye Market by Country, 2020 - 2026, USD Million
TABLE 23 LAMEA Bionic Eye Market by Country, 2016 - 2019, USD Million
TABLE 24 LAMEA Bionic Eye Market by Country, 2020 - 2026, USD Million
TABLE 25 Brazil Bionic Eye Market, 2016 - 2019, USD Million
TABLE 26 Brazil Bionic Eye Market, 2020 - 2026, USD Million
TABLE 27 Brazil Bionic Eye Market by Technology, 2016 - 2019, USD Million
TABLE 28 Brazil Bionic Eye Market by Technology, 2020 - 2026, USD Million
TABLE 29 Brazil Bionic Eye Market by End-use, 2016 - 2019, USD Million
TABLE 30 Brazil Bionic Eye Market by End-use, 2020 - 2026, USD Million
TABLE 31 Brazil Bionic Eye Market by Type, 2016 - 2019, USD Million
TABLE 32 Brazil Bionic Eye Market by Type, 2020 - 2026, USD Million
TABLE 33 Argentina Bionic Eye Market, 2016 - 2019, USD Million
TABLE 34 Argentina Bionic Eye Market, 2020 - 2026, USD Million
TABLE 35 Argentina Bionic Eye Market by Technology, 2016 - 2019, USD Million
TABLE 36 Argentina Bionic Eye Market by Technology, 2020 - 2026, USD Million
TABLE 37 Argentina Bionic Eye Market by End-use, 2016 - 2019, USD Million
TABLE 38 Argentina Bionic Eye Market by End-use, 2020 - 2026, USD Million
TABLE 39 Argentina Bionic Eye Market by Type, 2016 - 2019, USD Million
TABLE 40 Argentina Bionic Eye Market by Type, 2020 - 2026, USD Million
TABLE 41 UAE Bionic Eye Market, 2016 - 2019, USD Million
TABLE 42 UAE Bionic Eye Market, 2020 - 2026, USD Million
TABLE 43 UAE Bionic Eye Market by Technology, 2016 - 2019, USD Million
TABLE 44 UAE Bionic Eye Market by Technology, 2020 - 2026, USD Million
TABLE 45 UAE Bionic Eye Market by End-use, 2016 - 2019, USD Million
TABLE 46 UAE Bionic Eye Market by End-use, 2020 - 2026, USD Million
TABLE 47 UAE Bionic Eye Market by Type, 2016 - 2019, USD Million
TABLE 48 UAE Bionic Eye Market by Type, 2020 - 2026, USD Million
TABLE 49 Saudi Arabia Bionic Eye Market, 2016 - 2019, USD Million
TABLE 50 Saudi Arabia Bionic Eye Market, 2020 - 2026, USD Million
TABLE 51 Saudi Arabia Bionic Eye Market by Technology, 2016 - 2019, USD Million
TABLE 52 Saudi Arabia Bionic Eye Market by Technology, 2020 - 2026, USD Million
TABLE 53 Saudi Arabia Bionic Eye Market by End-use, 2016 - 2019, USD Million
TABLE 54 Saudi Arabia Bionic Eye Market by End-use, 2020 - 2026, USD Million
TABLE 55 Saudi Arabia Bionic Eye Market by Type, 2016 - 2019, USD Million
TABLE 56 Saudi Arabia Bionic Eye Market by Type, 2020 - 2026, USD Million
TABLE 57 South Africa Bionic Eye Market, 2016 - 2019, USD Million
TABLE 58 South Africa Bionic Eye Market, 2020 - 2026, USD Million
TABLE 59 South Africa Bionic Eye Market by Technology, 2016 - 2019, USD Million
TABLE 60 South Africa Bionic Eye Market by Technology, 2020 - 2026, USD Million
TABLE 61 South Africa Bionic Eye Market by End-use, 2016 - 2019, USD Million
TABLE 62 South Africa Bionic Eye Market by End-use, 2020 - 2026, USD Million
TABLE 63 South Africa Bionic Eye Market by Type, 2016 - 2019, USD Million
TABLE 64 South Africa Bionic Eye Market by Type, 2020 - 2026, USD Million
TABLE 65 Nigeria Bionic Eye Market, 2016 - 2019, USD Million
TABLE 66 Nigeria Bionic Eye Market, 2020 - 2026, USD Million
TABLE 67 Nigeria Bionic Eye Market by Technology, 2016 - 2019, USD Million
TABLE 68 Nigeria Bionic Eye Market by Technology, 2020 - 2026, USD Million
TABLE 69 Nigeria Bionic Eye Market by End-use, 2016 - 2019, USD Million
TABLE 70 Nigeria Bionic Eye Market by End-use, 2020 - 2026, USD Million
TABLE 71 Nigeria Bionic Eye Market by Type, 2016 - 2019, USD Million
TABLE 72 Nigeria Bionic Eye Market by Type, 2020 - 2026, USD Million
TABLE 73 Rest of LAMEA Bionic Eye Market, 2016 - 2019, USD Million
TABLE 74 Rest of LAMEA Bionic Eye Market, 2020 - 2026, USD Million
TABLE 75 Rest of LAMEA Bionic Eye Market by Technology, 2016 - 2019, USD Million
TABLE 76 Rest of LAMEA Bionic Eye Market by Technology, 2020 - 2026, USD Million
TABLE 77 Rest of LAMEA Bionic Eye Market by End-use, 2016 - 2019, USD Million
TABLE 78 Rest of LAMEA Bionic Eye Market by End-use, 2020 - 2026, USD Million
TABLE 79 Rest of LAMEA Bionic Eye Market by Type, 2016 - 2019, USD Million
TABLE 80 Rest of LAMEA Bionic Eye Market by Type, 2020 - 2026, USD Million
TABLE 81 Key Information – Second Sight Medical Products, Inc.
TABLE 82 Key Information – Pixium Vision S.A.
TABLE 83 Key Information – Nidek Co., Ltd.
TABLE 84 Key Information – Optobionics Corporation
TABLE 85 Key Information – Biomedical Technologies S.L.
TABLE 86 key information – Bionic Vision Technologies Pty. Ltd.
TABLE 87 Key Information – Monash Vision Group
TABLE 88 Key Information – The Bionic Eye
TABLE 89 Key Information – Nano Retina Ltd.
TABLE 90 Key Information – iBionics
List of Figures
FIG 1 Methodology for the research