Smart Vision Aids Market Scope
Smart Vision Aids are Wearable devices that assist visually impaired people in reading and seeing more clearly. It can assist users in getting to their destination by navigating paths, walkways, and corridors while avoiding obstructions. Indoor and outdoor use of smart vision aides is possible. The user can be guided along their course and warned of potential dangers. Electric video magnifiers, hand-held and standing magnifiers, strong magnifying reading glasses, loupes, and miniature telescopes are examples of these types of devices. These gadgets have much better magnification capabilities as well as higher-quality optics i.e. the way the lens bends or refracts light. Using a combination of technologies, an advanced smart vision assist can be implemented. Because the system is so subtle, it can lead a person through his commute without causing any inconvenience. Unwanted noises can be filtered out using smart hearing aids, allowing the user to receive instructions in a clear and audible manner. It is not necessary to utilize smart hearing aids in conjunction with smart vision devices. However, it has a number of advantages over ordinary sound output devices.
|Unit||Value (USD Million)|
|Key Companies Profiled||orCam (Israel), Vispero (United States), NextVPU (China), Freedom Scientific GmbH (Germany), BlindShell (Europe), Eyedaptic (United States), Dot Incorporation (South Korea), eSight corporation (Canada), Eschenbach Optik GmbH (Germany), Enhanced Vision (United States) and C&P Company Inc. (United States)|
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Smart Vision Aids market throughout the predicted period.
orCam (Israel), Vispero (United States), NextVPU (China), Freedom Scientific GmbH (Germany), BlindShell (Europe), Eyedaptic (United States), Dot Incorporation (South Korea), eSight corporation (Canada), Eschenbach Optik GmbH (Germany), Enhanced Vision (United States) and C&P Company Inc. (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Smart Vision Aids market by Type (Audio-visual Conversion, Implantable BMI and Non-implantable BMI), by Application (Central Vision Loss, Blurry Vision, Blind Spot and Others) and Region with country level break-up.
On the basis of geography, the market of Smart Vision Aids 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). region held largest market share in the year 2021.
In March 2020 – Envision, launches the devices that enables blind and visually impaired people to independently access visual information around them. The Envision AI-powered software technology into Google Glass at CSUN, one of the biggest assistive technology conferences in the US.
- Increasing Use Of Ai In Smart Vision Aids
- Growing Demand For Smart Vision Aids Devices
- Increasing Awareness Among Peoples
- Increase Of Commercial Assistive Devices
- Increasing Spending On The Healthcare
- Increasing Number Of Blind And Visually Impaired People
- Autonomous navigation is a significant challenge for the visually impaired
Key Target AudienceSmart Vision Aids Device Manufacturers, Data Providers, Venture Capitalists and Private Equity Firms, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. What are the key segments playing vital role in Smart Vision Aids Market?
The Smart Vision Aids study can be customized to meet your requirements. The market size breakdown by type [Audio-visual Conversion, Implantable BMI and Non-implantable BMI], by end use application [Central Vision Loss, Blurry Vision, Blind Spot and Others].
2. How big is the Smart Vision Aids Market?
The Smart Vision Aids Market is gaining popularity and expected to see strong valuation by 2027.