New York (United states):- Report Ocean published the latest research report on the Ophthalmic Loupes market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Ophthalmic Loupes market study demonstrates a detailed examination of the business state, which represents creative ways for company growth, financial factors such as production value, key regions, and growth rate.
The global ophthalmic loupes market expected to reach USD 690 million by 2027 according to a new study by Report Ocean. The report “Ophthalmic Loupes Market By Loupe Type (Galilean, Prismatic, Plate Loupe); By Design (Through-The-Lens, Flip-Up); By End-Use (Hospitals, Ambulatory Surgical Centers, Others); By Regions (North America, Europe, Asia Pacific, Latin America, Middle East & Africa); Global opportunity analysis and industry forecast 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
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High prevalence of eye-related conditions rises in the old age population, awareness among patients about ill effects, and rising dedicated eye care centers in emerging nations are few factors influencing market growth for ophthalmic loupes. According to the statistics published by the World Health Organization (WHO), as of October 2020, around 1 billion people were suffering from vision acuity related disorders. It included un-addressed cases of refractive errors (121.5 million), diabetic retinopathy (3.2 million), glaucoma (6.85 million), presbyopia (840 million), and cataract (65.7 million).
The global ophthalmic loupes industry is fragmented based on type, design, end-use, and region. In terms of type, the market is segmented into Galilean, prismatic (Keplerian), and plate loupe. Based on the design, the global ophthalmic loupes industry is further bifurcated into Through-The-Lens (TTL) and Flip-up. Based on end-use, the ophthalmic loupes industry is further bifurcated into hospitals, ambulatory surgical centers, and others.
The Galilean type market accounted for the largest revenue share in 2019 owing to its high precision and magnifying power. The Galilean ophthalmic loupes segment accounted for over 35% of the overall market. However, prismatic market segment is expected to witness fastest growth. Based on design, the TTL segment accounted for the largest revenue share with over 50% of the global market. This can be attributed to the ability of TTL to customize itself according to the requirements. Hospitals segment of ophthalmic loupes industry accounted for the highest market share with over 40% of the revenue in 2019. The growing number of eye surgeries su North America ophthalmic loupes industry accounted for the largest revenue share with over 30% of the market. Positive funding scenario and the presence of competent regulatory authorities are favoring the market growth.
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Few of the major market players operating in the ophthalmic loupes industry include SurgiTel, SHEERVISION, Keeler, ZEISS, and Rudolf Riester GmbH. The companies heavily invest in research & development activities to create advanced technologies. Ophthalmic Loupes, Design Outlook (Revenue – USD Million, 2016 – 2027)
Through-The-Lens (TTL) Flip-up Ophthalmic Loupes, Type Outlook (Revenue – USD Million, 2016 – 2027)
Galilean Prismatic (Keplerian) Plate Loupe Ophthalmic Loupes, End-Use Outlook (Revenue – USD Million, 2016 – 2027)
Ambulatory Surgical Centers Hospitals Others Ophthalmic Loupes, Regional Outlook (Revenue – USD Million, 2016 – 2027)
North America U.S. Canada Europe France Germany UK Italy Spain Netherlands Austria Asia Pacific China India Japan Malaysia South Korea Indonesia Central & South America Mexico Brazil Argentina Middle East & Africa UAE Saudi Arabia Israel South Africa List of Key Players
Rudolf Riester GmbH NEITZ INSTRUMENTS CO., LTD. Orascoptic SurgiTel SHEERVISION Keeler ZEISS Univet S.r.l Ocutech Inc. Designs for Vision, Inc. Others
What are the key findings of the report?
•This report provides comprehensive information on factors expected to influence the market growth and market share in the future. •The report offers the current state of the market and future prospects for various geographical regions. •This report provides both qualitative and quantitative information about the competitive landscape of the market.
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