Precision Business Insights


Latin America Artificial Retina Market

: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

Latin America Artificial Retina Market: By Implant Type (Epiretinal Implants, Subretinal Implants), By Disease Type (Retinitis Pigmentosa, Age-related Macular Degeneration, Others), By End Users (Hospitals, Clinics, Ambulatory Surgical Centers), and Geography


Latin America Artificial Retina Market Outline

Artificial retina is the medical device consists an array of microelectrodes. These devices are implanted into eyes of people those are blind due to the retinal disease. These devices are used in the retinal degenerative disease that causes the damage of photoreceptor cells of retina and leads to complete vision loss. Majorly occurring retinal degenerative diseases include retinitis pigmentosa and age-related macular degeneration. Retinal implants are made up of carbon nanotube biomimetic film with a transmitter and video processing units. These devices restore the vision by capturing light, convert into electrical signals and form an image by stimulating the neurons in retina.


Market Dynamics: 


  • Increase in the prevalence of vision impaired patients
  • Development in economic growth
  • Expansion of business by market players


  • Stringent regulatory policies for product approval
  • Product recall
  • High R&D expenditure


Market Scope: Latin America Artificial Retina Market

Based on the implant type, Latin America Market is segmented into the following:

  • Epiretinal Implants
  • Subretinal Implants


Based on the disease type, Latin America Market is segmented into the following:

  • Retinitis Pigmentosa
  • Age-related Macular Degeneration
  • Others


Based on the end user, Latin America Market is segmented into the following:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers


Based on the Country, Latin America Market is segmented into the following:

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America


Competition Assessment:

Some of the players in the Latin America Artificial retina market include:

  • Second sight Medical Products, Inc. (U.S.)
  • Tecnosalud S.A. (Argentina)


Notable Market Developments: Latin America Artificial Retina Market

  • In February 2016, Second Sight Medical Products Inc. inked an agreement with Tecnosalud to distribute the Argus II retinal prosthesis system in Argentina


Key Features of the Report:

  • The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key marketdevelopments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
  • Second sight Medical Products, Inc. (U.S.)
  • Tecnosalud S.A. (Argentina)

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements


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Region Latin America
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