The Global Wireless Visual Cortical Stimulator Market Is Witnessing High Growth Owing To the Increasing Incidence of Blindness and Visual Impairment Cases in the World

Wireless Visual Cortical Stimulator Market

Market Overview:

The visual cortex is an important organ for interpreting signals received from the eyes. It consists of many different visual areas, each containing its own map of the visual field and a set of stimulus features to which neurons respond. The functional organization of these areas varies from area to area, and the specific stimulus features to which cells respond vary across visual regions.

Stimulation with DCS evokes the visual response in the cortical area directly activated by the current, but there is also activation of neuronal activity outside of the region directly activated. This may be due to the synaptic spread that occurs when the current reaches neurons extending into the surrounding cortex. It also may reflect changes in the balance between excitatory and inhibitory circuits that limit the propagation of signals within the active area and to other cortical regions.

Competitive Landscape:

Major players operating in the global Wireless Visual Cortical Stimulator Market include Boston Scientific Corp, Nevro Corp, St. Jude Medical, Inc., Medtronic, and Cyberonics.

Key Market Drivers:

The increasing incidence of blindness and severe and moderate visual impairment cases in the world is expected to augment the growth of the global Wireless Visual Cortical Stimulator Market.

For instance, according to the World Health Organization, in 2021, around 39 million individuals in the world were blind. In most cases, stimulation of the same electrode in different areas produces a percept of multiple isolated phosphenes that do not combine into coherent forms. This is not surprising, since each phosphene is an individual light stimulus that is confined to the same small visual area.

The phosphene is typically a single pixel of white light at a fixed location in the visual field. But for some electrodes, it can be two or more such phosphenes that overlap and produce a cloud-like sensation. Moreover, high advancements related to cortical stimulators are estimated to enhance the growth of the global Wireless Visual Cortical Stimulator Market.

Covid-19 Impact Analysis:

During the COVID-19 pandemic, there have been several restraining factors hindering the growth of the global wireless visual cortical stimulator for the market. The increasing burden on the healthcare sector has affected the development processes of several healthcare devices and systems, which affected the market growth. Moreover, transport restrictions and lockdown measures also hindered market growth.

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Key Takeaways:

· North America is expected to dominate the growth of the global wireless visual cortical stimulator for the market, owing to the increasing incidence of blindness in the region. For instance, according to the United States Centers for Disease Control and Prevention, around 1 million individuals are living with blindness in the U.S.

· The Asia Pacific is estimated to witness high growth in the global Wireless Visual Cortical Stimulator Market, owing to the increasing prevalence of vision impairment cases in the region. For instance, according to the National Institutes of Health (NIH), over one-fourth of individuals aged 50 years or more are visually impaired in India.