About Hemianopsia-
Hemianopsia, sometimes called hemianopia, is partial blindness or loss of sight in half of visual field. It caused by brain damage, stroke, brain tumour, rather than a problem with eyes. Depending on cause, hemianopia may be permanent or temporary. The significant advances in medical technology and rapid innovations in diagnostic tools, such as advanced imaging techniques and visual field-testing methods that can improve accuracy and efficiency in diagnosing hemianopsia, along with the development of neurorehabilitation therapies, including virtual reality, computer-based training, and neurostimulation techniques, enhancing the rehabilitation and management of the condition are the leading factors expected to boost the hemianopsia market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.3% |
Hemianopsia is a fragmented market due to the presence of several players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Hemianopsia- market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Vycor Medical Inc. (United States), Retrosense Therapeutics (United States), Chadwick Optical (United States), Healio (United States), ZEISS (Germany), F.Hoffman-La Roche (Switzerland), Novartis AG (Switzerland), Aerie Pharmaceuticals (United States), AKzoNobel N.V (Netherland), AbbVie Inc. (United States), EyeTech Digital (United States) and Bayer AG (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are VisionCare Inc. (United States), Biogen Inc. (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Hemianopsia- market by Type (Bitemporal, Homonymous, Heteronymous, Superior, Inferior and Others) and Region.
On the basis of geography, the market of Hemianopsia- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Treatment, the sub-segment i.e. Vision Restoration Therapy (VRT) will boost the Hemianopsia- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the Hemianopsia- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Integration of rehabilitation service.
Market Growth Drivers:
Increasing prevalence of hemianopsia. and Increasing demand for innovative treatment in hemianopsia.
Challenges:
Stringent regulatory requirement.
Restraints:
Limited accessibility to specialized care. and High Treatment cost.
Opportunities:
Technological advancement in medical devices, imaging technique, and treatment of hemianopsia. and Expansion in emerging countries.
Market Leaders and their expansionary development strategies
In August 2022, Alcon, the global leader in eye care dedicated to helping people see brilliantly, and Aerie Pharmaceuticals, Inc., a pharmaceutical company focused on the discovery, development, manufacturing and commercialization of first-in-class ophthalmic therapies, announced the companies has entered into a definitive merger agreement through which Alcon acquired Aerie. This transaction affirms Alcon’s commitment to the ophthalmic pharmaceutical space and is expected to add broader pharmaceutical R&D capabilities to Alcon’s existing commercial expertise, maximizing the value of its diversified portfolio.
In May 2021, Vedere Bio II, Inc., a company developing next generation ocular gene therapies designed for vision restoration and preservation for patients with vision loss due to photoreceptor death, announced the completion of its USD 77 million Series a financing. The launch of Vedere Bio II represents a milestone moment in work to restore vision to patients with both genetic and non-genetic causes of vision loss, and new and founding investors.
Key Target Audience
Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.