Artificial retina or retina chip is a device that electrically stimulate the retina. High prevalence of macular degeneration is expected to propel growth of the artificial retina market. According to Bright Focus Foundation, around 11 million people in the U.S. have some form of age-related macular degeneration and the number is expected to double to nearly 22 million by 2050.
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One way to stimulate a retinal cell is to directly inject electric charge into it with a pipette electrode. In artificial retina, the neuron-stimulating electrodes are typically placed in one of three locations: atop the retinal surface, below the inner nuclear layer, or beneath the 100-μm-thick vascular layer—the choroid—that surrounds the retina. This is an effective treatment method that has shown great potential as the traditional form of treating AMD. One of the reasons why this method has been a better alternative to conventional methods such as surgery is due to the fact that it is minimally invasive with little downtime. Thus, these advantages are expected to propel growth of the artificial retina market.
Since there are certain parts of the eye that are responsible for generating the images, the artificial retina has been created to replace the lost photoreceptors thus improving a person’s vision. When the visual system is damaged, it produces blurry and irregularly formed images causing the patient to have difficulties in distinguishing shapes and seeing fine details. In addition to treating AMD, this method is also used in treating other forms of visual impairments such as strabismus or crossed eyes.
Increasing geriatric population is also expected to aid in growth of the artificial retina market. According to the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034. Research on artificial retina is also expected to aid in growth of the market. Carbon nanotube lens has unprecedented transmission power because it is an optical lens that has a unique layered structure that offers twice the amount of transmission power of normal carbon lenses. Various studies have developed computer chips based on silicone that can help treat dry AMD. They succeeded in implanting silicone hydrogel into the eye’s macula to stimulate growth of new nerve cells. In future, this technology could be used for treating other vision disorders such as glaucoma and retinal detachment, thereby aiding in growth of the artificial retina market.
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