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Global Artificial Eye Market 2019-2023

  • Published: Nov 2018
  • Pages: 110
  • SKU: IRTNTR30210
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The global artificial eye market is forecasted to experience a steady growth by 2023 driven by the rising demand for custom-made ocular prosthesis. Wondering how to make the most of the artificial eye industry? Technavio’s research report offers detailed insights that will allow you to take full advantage of the opportunities available to you. This study provides an extensive analysis by considering the evolving demographics and consumer behavior in the global artificial eye market. It also examines the competitive landscape and some artificial eye manufacturers that include Advanced Artificial Eyes, Erickson Laboratories, and F.AD. MÜLLER SÖHNE OHG.

Want to get a preview about how you can gain valuable insights from Technavio’s market research report? Check out the latest facts about the artificial eye industry

The global artificial eye market is expected to grow at a CAGR of close to 8% during the forecast period

Artificial eye industry growth is expected to accelerate over the next five years, driven by rising prevalence of ophthalmic diseases which is fueling the demand for ocular prosthesis around the world. Visual impairment or blindness can be caused due to several reasons such as severe eye damage due to trauma, injury, or diseases like retinoblastoma. Rising cases of accidents cause more than 500 losses of eyesight every year, which is a contributing factor behind the growth of the global artificial eye market and rising demand for artificial eye implants. Technavio’s artificial eye industry analysis reveals promising markets around the world.

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The Americas dominated the artificial eye market by region

The global artificial eye market was dominated by the Americas with almost 56% of the global market share, followed by EMEA and APAC. In addition, the Americas will drive more than half the growth for the global artificial eye industry, while EMEA and APAC are also predicted to contribute significantly to the incremental growth in the forecast period. The global artificial eye market will witness the Americas registering the fastest rate of growth during the forecast period, while EMEA will generate a higher CAGR than APAC.

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Advanced Artificial Eyes, Erickson Laboratories, and F.AD. MÜLLER SÖHNE OHG are some of the leading artificial eye suppliers

The global artificial eye market is forecasted to remain highly fragmented with the emergence of many international and regional artificial eye manufacturers who make products such as integrated prosthetic eye, non-integrated prosthetic eye, and retinal prosthetics. Most of the leading artificial eye suppliers are focused on developing custom-made ocular prosthesis owing to the growing demand for customized and personalized eye care. Many established artificial eye suppliers are vying for their share of the global artificial eye market, and the new players must differentiate themselves to gain vital traction over their peers.

This report offers a complete analysis of several artificial eye suppliers, including:

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Table of Contents

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Integrated prosthetic eye - Market size and forecast 2018-2023
  • Non-integrated prosthetic eye - Market size and forecast 2018-2023
  • Retinal prosthetics - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Americas - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing demand for custom-made ocular prosthesis
  • Paradigm shift of ocular prosthesis procedures from hospitals to ASCs
  • Increasing medical tourism for low-cost ocular prosthesis treatments

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Advanced Artificial Eyes
  • Erickson Laboratories
  • F.AD. MÜLLER SÖHNE OHG
  • Integrated Orbital Implants
  • Ocular Prosthetics
  • SECOND SIGHT

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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