Global Human Insulin Market 2020 Industry Key Players, Trends, Sales, Supply, Demand, Analysis & Forecast By 2027

 Human Insulin Market Analysis: Information by Type (Traditional Human Insulin (Premixed Traditional, Intermediate Acting, and Short-Acting), Modern Human Insulin (Premixed Modern, Long-Acting and Rapid Acting) and Brand (Lantus, Novorapid, Humalog, Novomix, Levemir, Apidar, Humulin and Insuman)) and Region (Americas, Europe, Asia-Pacific, and the Middle East & Africa) - Global Forecast till 2025

Market Overview:
Global Human Insulin Market is anticipated to reach USD 90,812.40 million by 2025 to grow CAGR of 12.10% Human Insulin is synthetic insulin which is manufactured in the laboratory, the scientists works on increasing the protein in the insulin. An e.coli bacterium is used to increase the insulin protein. Human insulin can be orchestrated with the help of insulin devices or orally. The devices used for the infusions are insulin pumps, syringes, and injection pens.

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Segmentation

The global human insulin market has been segmented based on type, methods, indication, and end users. By type, the market has been segmented into accessories and devices. By methods, the market has been segmented into traditional human insulin and modern human insulin. By indication, the market has been segmented into type 1 diabetes and type 2 diabetes. By end users, the market has been segmented into hospitals, forensic laboratories, research centers, and others.

Regional Analysis

The global human insulin market spans across the regions of the Americas, Europe, Asia Pacific, and the Middle East & Africa. North America accounts for the largest share of the global human insulin market owing to high health care spending, the presence of major players in the region who invest more money in R&D activities and inclination towards quality healthcare. The US is the largest market in the region followed by Canada while South America is expected to be the fastest growing region. The Europe market for human insulin is strong and is driven by the presence of a large pool of patients and the availability of funds for research and development in countries such as Germany. Asia Pacific market growth is supported by the presence of a vast patient base and rising prevalence of diabetes in the region. Improvement in healthcare infrastructure in countries such as China, India, and Japan is key to the growth of the market. Moreover, Asia Pacific hosts a huge geriatric population who are at more risk of acquiring diabetes. The Middle East & Africa market is expected to exhibit steady growth over the forecast period. Countries such as United Arab Emirates (U.A.E.), Saudi Arabia, and Oman have a robust healthcare infrastructure which drives the market in the Middle East while in Africa, weak economic conditions and under-developed healthcare sector deters the growth of the market.

Competitive Landscape

The notable players operating in the global human insulin market include Biocon Ltd, ADOCIA, Julphar, Bristol-Myers Squibb Company, Oramed Pharmaceuticals, Inc, Sanofi, Tonghua Dongbao Pharmaceuticals Co., Ltd., Merck & Co, Pfizer, Inc, GlaxoSmithKline, and Novo Nordisk A/S.

Industry Updates

In August 2018, Monarch Medical Technologies, a leading provider of electronic systems for inpatient glycemic management received US patent for its approach to inpatient insulin therapy. The approach has already been granted class II FDA clearance and underlines the uniqueness of the EndoTool technology.

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Maternal health Market Current Trends, SWOT Analysis, Strategies, Industry Challenges, Business Overview and Forecast Research Study 2027

 Every year the death of women is high because of the pregnancy complications. The number is much reduced in the todays date. The reason behind this is government initiatives, the government is trying to help pregnant women for their better health of mother and baby. The best example of the initiatives can be seen by UNICEF (India). The program they have started is Janani Shishu Suraksha Karyakaram (JSSK) scheme which provides free maternity service across India. The services are provided to increase number of emergency referral systems and maternal death audits, and improvements by government and management for health services. Every year near about 800 women die in the world. India contributes 20% in this number of 800. The number of deaths are being controlled by the WHO, CDC and UNICEF programs. The education is given to women and the health services are provided at large to women. Adolescent women are at risk of the complications during pregnancy, these women are provided with health services. The post pregnancy services are also provided to them.

The Maternal health market analysis says the market will grow at a rate of 7% CAGR during the forecasted period 2017-2023. The deaths was found reduced in 2012 it was near approximately 175. This will be further reduced in coming years with the help of scheme like JSSK by UNICEF in India.

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Global Maternal Health market Players:

Some of the players who work maternal health are, Agile Therapeutics (USA), Fuji Latex Co(Japan), Okamoto industries, Reckitt Benckiser Group Plc.(UK), Sanofi (India), Johnson and Johnson(USA).

Agile therapeutics is women healthcare company, have announced the report of the additional phase 3 SECURE study research report for women healthcare. The Phase 3 SECURE trial of its investigational low-dose combination hormone contraceptive patch of Twirla. This product will be used for the bleeding in women.

Johnson and Johnson is actively working with the Millennium Development Goals (MDG). The millennium Development Goals is a caring and serving community working for the women and children. The main objective of this to reduce the mortality rate. They aim to help as many as women every year approximately 120 million will be get help in next 5 years. They also aim to reach 50 countries through their programs.

Sanofi India, is also a part of MDG and is trying to help women caring and providing services through their corporate social responsibility. The employees are constantly involved in volunteering and contributing of the women in India. They work in collaboration with organizations like Indian Medical Association and Pharmaceutical industry and many more.

Taste the market data and market information presented through more than 50 market data tables and figures spread over 80 numbers of pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Maternal Health Market” Research Report – Forecast to 2023.

Segmentation:

The market of the maternal health is segmented into type of the pregnancy, risk in pregnancy and complications. Types of pregnancy includes Intrauterine, Ectopic, Tubal and Others. On the basis of risk occurred in pregnancy which have high risk and molar risk. On the basis of the complications like miscarriage, premature labor and birth, preeclampsia, gestational diabetes, placenta previa and others. The miscarriage further have sub segments like threatened, inevitable, complete, and incomplete. The type of pregnancy have larger market because the number of women getting pregnant is more. The number adolescent age women are more. The number is high in the developing countries where the marriages are done at early ages.

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Paresthesia Treatment Market Scope Analysis 2020-2027

 Paresthesia is an abnormal sensation of the skin such as numbness, burning, pricking, and many other. On the basis of severity, they are acute or chronic. Some of the major causes of for the diseases are vitamin deficiency, hyperventilation syndrome, or by the use of anesthesia. The global paresthesia treatment market is majorly driven by increasing prevalence of the paresthesia, changing lifestyle and poor diet. Furthermore, development in the healthcare expenditure, the government support for the research & development for new and better treatment have fuelled the market growth. However, lack of effectiveness and unavailability of precise treatment may hinder the market growth over the forecasted period.

Global Paresthesia Treatment market overview by MRFR is expecting a healthy growth at a CAGR of 7.2 % during the forecast period 2017-2013.

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Global Paresthesia Treatment Market - Overview

Paresthesia Treatment is a neurological condition in which impulsive or evoked abnormal sensations occur in the human body. In worst cases, the symptom can become chronic and life-time. Moreover, the existence of diseases like diabetes, arthritis, and cancer increases the possibility of this diseases. The global Paresthesia Treatment market is majorly influenced by increasing incidence of diabetes, cancer, and other chronic diseases, growing geriatric population, and changing lifestyle. Excess consumption of smoking and alcohol, the government initiatives for research & development, and lack of proper diet & exercise have fuelled the growth of the global market. However, strict regulatory approvals and long term drug approval time may hamper the market growth during the forecasted period.

The market is forecasted to demonstrate a steady growth by 2027, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period 2017 – 2027.

Global Paresthesia Treatment Market - Segmentation

The global Paresthesia Treatment market is segmented on the basis of types, treatments, and end users. On the basis of types, the market is segmented into acute paresthesia, chronic paresthesia. On the basis of treatments, the market is segmented into immunosuppressant, anticonvulsants, tropical creams, antivirals, and others. Immunosuppressant is further classified into prednisone, intravenous gamma globulin, and others. Topical creams are further classified into lidocaine, prilocaine, and others. On the basis of end users, the market is segmented into hospitals, clinics, diagnosis centers, and others.

Global Paresthesia Treatment Market - Competitive Analysis

Characterized by the presence of several well-established and small players, the global market of Paresthesia Treatment appears to be highly competitive and fragmented. With well-established market in the Americas region major companies like Boston Scientific Corporation, Stimwave LLC, Nevro Corp, Cyberonics, Inc, EnteroMedics Inc, St. Jude Medical, LLC, Baxter, Stryker, and various others have their home in the region and generate maximum market share. These companies have expanded their operating unit in various other emerging regions as well. Moreover the other small and medium scale players are generating revenue from local market.

The global Paresthesia Treatment treatments market is highly fragmented with the presence of many local players and international players. With the presence of large manufacturers, the local manufacturers are engaged in the cost reduction and innovation to ensure sustainability in the global market. Furthermore, some of the MNC’s are adopting various strategies such as partnerships and collaborations with other small and medium companies to expand their overall market share.

Medtronic, based in Dublin, Ireland, is one of the leading medical device manufacturer. Medtronic is one of the largest standalone medical technology development company across the globe. In January 2015, the company announced the acquisition of acquisition of Covidien plc. Under this agreement, Medtronic, Inc. and Covidien plc are now pooled under Medtronic plc.

This acquisition will enhance Medtronic’s scope past its array of spinal implants, insulin pumps, heart devices, and other devices into areas such as weight-loss surgery and laparoscopic treatment. The expansion will allow the company to better compete for business from hospitals, predominantly in the United States where changing healthcare organizations efforts and shrinking government reimbursement for medical procedures has kept burden on device pricing.

The acquisition will further leave Covidien shareholders owning about 30% of the combined company, is expected to result in at least USD 850 million of annual pre-tax cost collaborations by the end of fiscal year 2018.

Global Paresthesia Treatment Market - Regional Analysis

Global Paresthesia Treatment 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 Paresthesia Treatment 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 cancer and neurological disorders like Alzheimer’s, dementia. 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 Paresthesia Treatment market. Asia Pacific is the fastest growing Paresthesia Treatment market across the globe. In Asia-Pacific there is wide range of opportunities for Paresthesia Treatment 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.

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Protein Engineering Market Growth, Demands, CAGR, Sales Volume, Opportunities, Types, Applications and Forecast up to 2027

 Proteins, the building blocks of the body, are large biomolecules made up of amino acids. They perform various functions such as DNA replication, catalyzing metabolic reactions, transporting molecules from one location to another, and responding to stimuli. Furthermore, proteins also have a wide range of applications in the diagnosis of disease and treatment development. Protein engineering involves designing and constructing new proteins by modifying amino acid sequences to produce enzymes and desired properties and the synthesis of proteins with a particular structure. This technology helps us to understand the basics of how enzymes function and have evolved, and it is the key method of improving enzyme properties for applications in pharmaceuticals, green chemistry, and biofuels.

The major objective of protein engineering is to produce biological compounds which include a synthetic peptide, storage protein, and synthetic drugs which will be superior to a normal one and create an enzyme which is superior in its properties to produce high-value chemicals in large quantities.

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The global protein engineering market is driven by the increasing demand for new technologies having their application in healthcare and by the growth in research and development activities for improving health outcomes using novel technologies. Furthermore, the emergence of trends in protein identification and tracking and the increasing use of protein studies in research activities drive the growth of this market. However, there are various factors that may hinder the growth of the market such as expensive instruments used in protein engineering that require huge maintenance and lack of trained personnel.

Global protein engineering market growth is expected to show a CAGR of approximately 6.2% during the forecast period 2017–2023.

Segmentation:

The global protein engineering market is segmented to the basis of type, method, application, and end-users.

On the basis of type, the market is segmented into instrument, reagents, and services and software.

On the basis of method, the market is segmented into rational protein design and directed evolution.

On the basis of application, the market is segmented into food and detergent industries, environment applications, medical applications, biopolymer production, and nanobiotechnology.

On the basis of end-user, the market is segmented into academic research institutes, pharmaceuticals and biotechnology companies, and contract engineering organizations.

Regional Analysis

Globally, protein engineering market consists of four regions, namely, Americas, Europe, Asia Pacific, and the Middle East and Africa. North America is the largest market owing to the concentration of major market players and increase in a number of biotechnology and pharmaceutical companies. The U.S. is the largest market in North America followed by Canada. In the U.S., extensive protein engineering technologies and methods and availability of technologically-advanced devices and instruments for research also drive the growth of the market.

Europe is the second largest market for protein engineering which is majorly driven by the increasing demand for protein engineering methods and technologies and the overall growth of research and development sector in major countries such as Germany, the U.K., and France. Furthermore, the growth in funding for protein engineering and emphasis on drug discovery are other factors expected to drive the growth of the market during the review period.

Asia Pacific shows the fastest growth which is driven by the rising prevalence of lifestyle diseases such as heart diseases, diabetes, obesity, and others and need for new technologies with their application in healthcare.

The Middle East and Africa shows a steady but positive growth with an increase in the demand for new drugs and devices for diagnosis and the treatment of diseases and improvement in healthcare infrastructure.

Key Players

Agilent Technologies (U.S.), AB-Sciex (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Bruker Corp. (U.S.), GE Healthcare (U.K.), Perkin Elmer (U.S.), Sigma-Aldrich Corp. (U.S.), Thermo Fisher Scientific (U.S.), and Waters Corp. (U.S).

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Microfluidics Device Market – Insights on Upcoming Trends 2027

 A microfluidic device is well accepted technology and has several applications. The technology allows integration of many medical tests on a single chip. It has become an essential technology for integration, industrialization, miniaturization and parallelization of various tests in the fields of diagnostics, drug development and biological research. The technology also helps in reducing the side effects and improving the efficacy of treatment. New microfluidic methods are used for evaluating drugs and manipulating cells for the treatment of diseases related to heart and cancer.

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Globally, the market for microfluidic devices is gaining significant importance due to growing R&D investment in life sciences, pharmaceuticals, increasing point of care testing demand and An increase in point of care testing, as an effective method for delivery of treatment, has also led to increase in the demand for microfluidic devices in the global market

Some other factors driving the microfluidic devices market are rise in the commercial and analytical application of these devices and use of microfluidic products for miniaturization of chip.

Moreover some of the challenges faced by the market are adherence to stringent regulatory requirements to decelerate growth and geometrical and surface chemistry issues.

The use of microfluidic devices has been gaining importance into recent classification of research areas that target integration of laboratory protocols into miniaturized devices known as lab on chip.

This process includes many steps such as mixing, pre-treatment, reaction, separation, and pre-concentration. These processes help to reduce the cost and consume less reagent/sample, which is further helpful in various medical diagnosis with the help of blood drop. The miniaturization technique is expected to drive the microfluidic devices market, as this technique helps to reduce the overall cost of screening the compounds for cell biology problems by the pharmaceutical companies. Also the miniaturization technique helps in the reduction of analysis time and carry parallel assay in microfluidic devices, which is further expected to support the growth of this market.

Competitive Analysis:

Hoffmann-la Roche AG, Abbott laboratories, Siemens healthcare GMBH, Agilent technologies, Inc., Fluidigm corporation, bio-rad laboratories, ink, Cepheid, Raindance technologies, Inc., Dolomite centre, Micronit microfluidics, Johnson & Johnson, Becton, Dickinson and Company, These are some of the prominent players at the forefront of competition in the Global Microfluidic Devices Market.

Global Microfluidics Device Regional Analysis:

North America is the largest market for microfluidic devices, with factors such as growing old age population, increasing healthcare awareness, rising chronic and lifestyle diseases, technological developments for various home use applications and wider insurance infrastructure facilities driving the growth of microfluidic devices. With the rise in overall healthcare expenditure, the use of these devices has increased, since these devices provide accurate, reliable and quick results for early detection and prevention of diseases.

Due to its early introduction and wider applications in industries, use of microfluidic devices is high in North America as compared to other geographies. According to the European Federation of Pharmaceutical Industries and Associations, in 2014, the North American pharmaceutical market accounted for about 41.0% share of the global pharmaceutical market. High research and development expenditures in new drug lead to increase in the demand for various microfluidic devices for toxicity testing in the drug development process.

The European market for microfluidic devices is driven by increasing diagnostic requirements, due to rise in lifestyle associated diseases and increasing geriatric population. On the other hand, the increasing healthcare expenditure in the region has led to a shift in the focus of healthcare from hospitals to home, leading to increased use of microfluidic devices in the region.

According to the European Federation of Pharmaceutical Industries and Associations, R&D investment in Europe was about $40.2 billion, which lead to increased production of drugs in pipeline. The use of microfluidic devices is also expected to increase microreactors in drug synthesis and toxicity testing in drug development.

There are various regulatory issues related to microfluidic devices used for pharmaceutical research, point of care testing and clinical and veterinary diagnosis. The European Medical Devices Directives regulates the laws on performance and safety of the medical devices

In Asia, there has been an overall increase in the clinical outcomes and patient requirement, due to availability of specific and sensitive diagnostic tests, along with technologically advanced medical equipment and devices. At the back of this trend, Asia has become an attractive market for medical device companies.

Lately, China has become has come up as one of the fastest growing markets for microfluidics in Asia due to increased government funding and improving healthcare facilities.

Asian countries have different regulatory bodies for medical devices. In Japan, the Ministry of Health Labour and Welfare (MHLW) is responsible for the Japanese Pharmaceutical Affairs Law (JPAL) and regulates all medical devices manufactured or sold. Similarly in China, the State Food and Drug Administration (SFDA) is under the State Council, and is responsible for the supervision of the safety management of food, cosmetics and health food.

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Bleeding Disorders Treatment Market 2020 by Rising-Trends, Growth Analysis, Industry Share, Product Types, User-Demand, Business Strategy and Comprehensive Valuation till 2027

 The Global Bleeding Disorders Treatment Market growth is expected to register a growth of significant CAGR 10.0% during the forecast period (2018–2023).

A bleeding disorder is a condition where there is a problem with the body’s clotting method. This disorder leads to heavy and protracted bleeding after an injury. The bleeding process can also start on its own. Most of the types of bleeding disorders are hereditary but some are acquired due to liver diseases, side effects of certain medications, low red blood cell count, vitamin K deficiency and others. The global bleeding disorders treatment market is expected to witness fast growth during the forecast period due to growth in the number of people suffering from liver diseases, anemia, and other blood coagulation disorders.

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Market Potential and Pitfalls

With the growing number of people suffering from anemia, liver diseases, and other blood coagulation disorders, the global market for bleeding disorder treatment is estimated to flourish. Factors such as increased number of diagnosed patients with bleeding disorders, high investments by the major market giants, augmenting R&D activities, and increasing awareness associated with bleeding disorders especially hemophilia. Additional factors gearing up the market growth are the government initiatives in developed economies in order to establish a large network of diagnosis and treatment centers. The market is largely driven by augmenting awareness regarding bleeding disorders and its available treatments, large customer base, and favorable compensation policies. Patent expiry of the existing brands is also likely to offer generic drug manufacturers an opportunity to enter the lucrative market. The market is majorly focused on western countries of the European and the North American region due to the high prices of the branded drugs. Low cost of drugs will allow market penetration in the developing and under-developed countries, where patients are unable to afford high-cost medication. Therefore, cheap generic drugs are likely to boost the market growth in the regions of Latin America, the Middle East, and the Asia Pacific.

On the contrary, the absence of access to proper treatment owing to the shortage of skilled healthcare professionals and high medication costs are some of the top barriers considered to vitiate the market growth in the coming years.

Global Bleeding Disorders Treatment Market: Segmental Analysis

The global bleeding disorders treatment market has been segmented on the basis of type, treatment, drug class, and end users.

By mode of type, the global bleeding disorders treatment market has been segmented into hemophilia B, hemophilia A, Von Willebrand Disease (vWD), and others.

By mode of drug class, the global bleeding disorders treatment market has been segmented into global recombinant coagulation factor concentrate market, plasma-derived coagulation factor concentrates market, and global others bleeding disorders treatment market. Among these, the recombinant coagulation factor concentrates segment is likely to occupy the largest market share owing to the increasing R&D investments for manufacturing and development of recombinant products by the major market players.

By mode of treatment, the global bleeding disorders treatment market has been segmented into hormone replacement therapy, desmopressin (DDAVP), anti-fibrinolytic/clot-stabilizing drugs, contraceptives, drugs applied to cuts and pipeline analysis (phase I, phase II and phase III clinical trials), and fibrin sealants.

By mode of end-users, the global bleeding disorders treatment market has been segmented into clinics, hospitals, research institutes, specialty clinics, and others.

Regional Insights

Geographically, the global bleeding disorders treatment market span across regions namely, Europe, America, Asia-Pacific, and the Middle East and Africa.

Among all the regions, the North American region is predicted to occupy the largest market share. The growth is credited to the early adoption of advanced medical technologies, and constant development by the major companies operating into the drugs. As per the Hemophilia Federation of America, more than 20,000 people are affected by hemophilia.

The European region occupies the second largest market share in the global market owing to factors such as advancement of technology, augmenting expenses in research, the necessity for effective and innovative therapies, and the decline in human health. As per Statista, approximately 149,764 people were diagnosed with hemophilia A. More than 10,811 people were diagnosed with other platelet disorders in 2016.

The Asia-Pacific region is likely to experience significant growth in the coming years owing to access to optimal treatment facilities. Additional factors gearing up the market growth are augmenting demand for government initiatives, high adoption rate, advanced technology, and increasing expenditure on healthcare. For instance, as per the annual report survey of 2015 provided by the World Federation of Hemophilia, around 17,346 million people are suffering from hemophilia.

Meanwhile, the Middle East & Africa occupies the smallest share owing to an underdeveloped healthcare sector, poor medical facilities, and a dearth of technical knowledge.

Industry Updates

February 07, 2019: Roche has recently announced that it has joined the World Federation of Hemophilia Humanitarian Aid Program. They have taken the initiative in order to change the lack of access to treatment and care for people suffering from inherited bleeding disorders in developing countries.

Competitive Dashboard

The prominent players operating the global bleeding disorders treatment market are BDI Pharma, Bayer Pharmaceuticals, Ferring Pharmaceuticals, Pfizer Inc., Grifols, Shire Plc, Biogen Idec, Octapharma, CSL Behring, Sun Pharmaceutical Industries Ltd., Novo Nordisk A/S, and others.

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Retinal Implants Market Analysis and Value Forecast Snapshot by End-use Industry 2020-2027

 Global Retinal Implants Market likely to exhibit a healthy growth over the next couple of years. Retinal implants have emerged as an innovative technology in the field of ophthalmology. They are being used for improving eyesight of people with partial or complete blindness. The technology is still in its nascent stage hence a mixed speculation continues to hover around it. Investment in retinal implants and prostheses R&D has increased in recent years owing to their immense market potential. Several private eyecare companies have entered the frame and are focusing on introducing more effective retinal implants. Majority of retinal implants that are currently available in the market are aimed at partially restoring useful eye vision. Such implants are effective in treating vision loss caused due to age-related macular degeneration (AMD) and retinitis pigmentosa (RP). Visual devices such as bionic eye and visual prosthesis are expected to have bigger impact in years to come, which in turn will pave the way for retinal implant 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 trends.

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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