Artificial Retina Implant Market Research Report Information by Product (Enzymes, Pharma Products, Bulk Chemicals, and Others), by Application (Bioengineering, Genomics, Vaccine Development, Drug Discovery, Fisheries, Aquaculture, Biofuels, Water Treatment Services, and Others), and by End User (Hospitals, Pharmaceutical Companies, Biotechnology Companies, and Others) and by Region (North America, Europe, Asia-Pacific, and Rest of the World) – Industry Forecast till 2032
In 2025, the Artificial Retina Implant Market was estimated to be worth USD 1.51 billion. The Artificial Retina Implant industry is anticipated to experience a compound annual growth rate (CAGR) of 21.22% from USD 1.92 billion in 2026 to USD 7.04 billion by 2032 during the forecast period (2026-2032).
The growing number of startups associated with artificial retina implants and the increasing incidences of age-related macular degeneration (AMD) and retinitis pigmentosa are the factors that are propelling the growth of the global market.
In September 2021, Bionic Vision Technologies, a renowned company in the field of artificial retina technology, announced a significant partnership with Cirtec Medical, a prominent medical technology company based in the United States. The design process will be simplified because of the collaborative effort, which will facilitate joint production for the next iteration of bionic eyes. Bionic Vision Technologies aims to enhance its innovative bionic eye technology to provide a more effective vision solution for individuals with visual impairments by leveraging Cirtec Medical's knowledge base and resources.
Market segment insights
Epiretinal implants, subretinal implants, and suprachoroidal implants comprise the Artificial Retina Market, which is segmented according to product type.
Age-related macular degeneration (AMD) and retinitis pigmentosa comprise the Artificial Retina Market, which is segmented according to its application.
Regional Perspectives
The market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World by region. In 2025, the North American artificial retina implant market held the largest market share, exceeding 50.12%, because of the Food Drug Administration's (FDA) approval of implant products and the growing prevalence of age-related macular degeneration (AMD). For example, Argus II is a product that has been approved by the FDA and is available in the United States.
During the forecast year of 2025–2026, the artificial retina implant market in Europe is expected to experience substantial growth because of the frequent strategic alliances between market participants in order to meet consumer demand. For example, in July 2022, Pixium Vision (France) announced the successful implantation of the first patient in the Netherlands in the Prima System European pivotal trial PRIMAvera. Pixium Vision has since implanted patients in the UK and Germany and established additional clinical sites.
The geriatric population in the Asia-Pacific region is expected to significantly contribute to the growth of the artificial retina implant market during the forecast period, making it the fastest-growing region. For example, the Asia-Pacific Report on Population Ageing 2022 indicates that there were approximately 670 million individuals aged 60 or older in the Asia-Pacific region in 2022. Additionally, it has been projected that the number of individuals in the Asia-Pacific region will double to approximately 1.3 billion by 2050.
Major Players
Bionic Vision Technologies (US), PIXIUM VISION (France), Optobionics (US), Labtician Ophthalmics, Inc (Canada), Vivani Medical Inc. (US), iBIONICS (Canada), LambdaVision, Inc. (US), AXORUS (France), Sensor-Tech Lab (Russia), and Nanovision (US) are among the key companies in the Artificial Retina Implant Market.
- 1 Executive Summary
- 2 Market Introduction
- 2.1 Definition
- 2.2 Scope Of The Study
- 2.3 Research Objective And Assumptions
- 2.5 Market Structure
- 3 Research Methodology
- 3.1 Overview
- 3.2 Data Flow
- 3.2.1 Data Mining Process
- 3.3 Purchased Database:
- 3.4 Secondary Sources:
- 3.4.1 Secondary Research Data Flow:
- 3.5 Primary Research:
- 3.5.1 Primary Research Data Flow:
- 3.5.2 Primary Research: Number Of Interviews Conducted
- 3.6 Approaches For Market Size Estimation:
- 3.6.1 Revenue Analysis Approach
- 3.7 Data Forecasting
- 3.7.1 Data Forecasting Technique
- 3.8 Data Modeling
- 3.8.1 Microeconomic Factor Analysis:
- 3.8.2 Data Modeling:
- 4 Market Dynamics
- 4.1 Introduction
- 4.2 Drivers
- 4.2.1 Increasing Incidences Of Age-related Macular Degeneration (Amd) And Retinitis Pigmentosa
- 4.2.2 Growing Number Of Startups Associated With Artificial Retina Implant
- 4.3 Restraints
- 4.3.1 High Cost Associated With Artificial Retina Implant Procedures
- 4.4 Opportunity
- 4.4.1 Increasing Funding & Investment For Artificial Retina Implant
- 5 Market Factor Analysis
- 5.1 Porter's Five Forces Model
- 5.1.1 Threat Of New Entrants
- 5.1.2 Bargaining Power Of Suppliers
- 5.1.3 Threat Of Substitutes
- 5.1.4 Bargaining Power Of Buyers
- 5.1.5 Intensity Of Rivalry
- 5.2 Key Players Developing Brain Implants To Treat Vision Loss
- 6 Global Artificial Retina Implant Market, By Product Type
- 6.1 Overview
- 6.2. Epiretinal Implants
- 6.3. Subretinal Implants
- 6.4. Suprachoroidal Implants
- 7 Global Artificial Retina Implant Market, By Application
- 7.1 Overview
- 7.2. Age-related Macular Degeneration (Amd)
- 7.3. Retinitis Pigmentosa
- 8 Global Artificial Retina Implant Market, By Region
- 8.1 Overview
- 9 Competitive Landscape
- 9.1 Introduction
- 9.2 Competitor Dashboard
- 9.3 Public Players Stock Summary
- 9.4 Comparative Analysis: Key Players Finanical
- 9.5 Key Developments & Growth Strategies
- 9.5.1 Partnership
- 9.5.2 Expansion
- 9.5.3 Merger
- 10 Company Profiles
- 10.1 Vivani Medical Inc.
- 10.1.1 Company Overview
- 10.1.2 Financial Overview
- 10.1.3 Products Offered
- 10.1.4 Key Developments
- 10.1.5 Swot Analysis
- 10.1.6 Key Strategies
- 10.2 Ibionics
- 10.2.1 Company Overview
- 10.2.2 Financial Overview
- 10.2.3 Products Offered
- 10.2.4 Key Developments
- 10.2.5 Swot Analysis
- 10.2.6 Key Strategy
- 10.3 Nanovision Biosciences
- 10.3.1 Company Overview
- 10.3.2 Financial Overview
- 10.3.3 Products Offered
- 10.3.4 Key Developments
- 10.3.5 Key Strategy
- 10.4 Sensor-tech Lab
- 10.4.1 Company Overview
- 10.4.2 Financial Overview
- 10.4.3 Products Offered
- 10.4.4 Key Developments
- 10.4.5 Key Strategy
- 10.5 Labtician Ophthalmics, Inc
- 10.5.1 Company Overview
- 10.5.2 Financial Overview
- 10.5.3 Products Offered
- 10.5.4 Key Developments
- 10.5.5 Swot Analysis
- 10.5.6 Key Strategies
- 10.6 Optobionics
- 10.6.1 Company Overview
- 10.6.2 Financial Overview
- 10.6.3 Products Offered
- 10.6.4 Key Developments
- 10.6.5 Key Strategies
- 10.7 Lambdavision, Inc.
- 10.7.1 Company Overview
- 10.7.2 Financial Overview
- 10.7.3 Products Offered
- 10.7.4 Key Developments
- 10.7.5 Swot Analysis
- 10.7.6 Key Strategies
- 10.8 Bionic Vision Technologies
- 10.8.1 Company Overview
- 10.8.2 Financial Overview
- 10.8.3 Products/Services Offered
- 10.8.4 Key Developments
- 10.8.5 Key Strategies
- 10.9 Pixium Vision
- 10.9.1 Company Overview
- 10.9.2 Financial Overview
- 10.9.3 Products Offered
- 10.9.4 Key Developments
- 10.9.5 Swot Analysis
- 10.9.6 Key Strategies
- 10.10 Axorus
- 10.10.1 Company Overview
- 10.10.2 Financial Overview
- 10.10.3 Products Offered
- 10.10.4 Key Developments
- 10.10.5 Key Strategies
- 10.11 Data Citations
- List Of Tables
- Table 1 Qfd Modeling For Market Share Assessment
- Table 2 Global Artificial Retina Implant Market, By Product Type, 2025–2032 (Usd Thousand)
- Table 3 Global Artificial Retina Implant Market, By Application, 2025–2032 (Usd Thousand)
- Table 4 Global Artificial Retina Implant Market, 2025–2032 (Usd Thousand)
- Table 5 Global Artificial Retina Implant Market, By Region, 2025–2032 (Usd Thousand)
- Table 6 Public Players Stock Summary
- Table 7 Comparative Analysis: Key Players Finanical
- Table 8 Partnership
- Table 9 Expansion
- Table 10 Merger
- Table 11 Vivani Medical, Inc.: Products Offered
- Table 12 Vivani Medical, Inc.: Key Developments
- Table 13 Ibionics: Products Offered
- Table 14 Nanovison: Products Offered
- Table 15 Sensor-tech Lab: Products Offered
- Table 16 Labtician Ophthalmics, Inc: Products Offered
- Table 17 Optobionics: Products Offered
- Table 18 Lambdavision, Inc.: Products Offered
- Table 19 Bionic Vision Technologies: Products Offered
- Table 20 Bionic Vision Technologies: Key Developments
- Table 21 Pixium Vision: Products Offered
- Table 22 Pixium Vision: Key Developments
- Table 23 Axorus: Products Offered
- List Of Figures
- Figure 1 Global Artificial Retina Implant Market: Structure
- Figure 2 Global Artificial Retina Implant Market: Market Growth Factor Analysis
- Figure 3 Porter's Five Forces Analysis: Global Artificial Retina Implant Market
- Figure 4 Global Artificial Retina Implant Market, Product Type Segment Attractiveness, 2025 & 2032 (Usd Thousand)
- Figure 5 Global Artificial Retina Implant Market, By Product Type, 2025 & 2032 (Usd Thousand)
- Figure 6 Global Artificial Retina Implant Market Share, By Product Type, 2025 (% Share)
- Figure 7 Global Artificial Retina Implant Market, Application Segment Attractiveness, 2025 & 2032 (Usd Thousand)
- Figure 8 Global Artificial Retina Implant Market, By Application, 2025 & 2032 (Usd Thousand)
- Figure 9 Global Artificial Retina Implant Market, By Region, 2025 & 2032 (Usd Thousand)
- Figure 10 Global Artificial Retina Implant Market Share, By Region, 2025 (% Share)
- Figure 11 Competitor Dashboard: Artificial Retina Market
- Figure 12 Vivani Medical, Inc.: Financial Overview Snapshot
- Figure 13 Vivani Medical, Inc.: Swot Analysis
- Figure 14 Ibionics: Swot Analysis
- Figure 15 Labtician Ophthalmics, Inc: Swot Analysis
- Figure 16 Lambdavision, Inc.: Swot Analysis
- Figure 17 Pixium Vision: Financial Overview Snapshot
- Figure 18 Pixium Vision: Swot Analysis
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