Extensive R&D efforts will boost the ophthalmic loupes market, forecast to touch US$ 550 Mn by 2025 at a CAGR of 6.5%
Noida, Uttar Pradesh, India, February 26 2021 (Wiredrelease) Report Ocean Pvt Ltd –:Global Ophthalmic Loupes Market is estimated to see healthy growth, pegged at a CAGR of ~6.5% during the forecast period 2020-2025. Ophthalmic loupes are used when leading a procedure to extend and improve the field of accuracy and precision. The tailored magnification permits a surgeon to reduce neck tension and other significant advantages. These loupes are also adjustable and enable ophthalmologists to control the user’s posture. These advantages are further expected to drive the ophthalmic loupes demand in the future. Through a medical procedure, ophthalmic loupes support enhancing and magnify the operational process. These are reasonable choices for the functioning microscope during operations. Such factors are projected to accelerate its adoption in small to medium-sized health care and ambulatory care settings.
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A rising number of eye diseases such as cataracts, glaucoma, and refractive disorders and surge the ophthalmic surgery need are expected to drive the ophthalmic loupes adoption, especially in the developing countries. According to the World Health Organization (WHO), in October 2020, over 1 billion people had vision impairment globally. This was due to unaddressed cataracts (65.2 million), glaucoma (6.9 million), and refractive errors (123.7 million).
Companies focus on developing advanced ophthalmic loupes, which will help decrease stress on the surgeon’s neck and optimized magnification. These include high-quality optics that offer higher resolution and are free from optical and color distortion. Different lens coating is integrated into these lenses to avoid increase light transmission and reflection. Moreover, the players provide customized ophthalmic loupes by integrating prescription eye-wear into ophthalmic loupes.
Some of the market restraints are minimal features, tedious designs, and high cost. The frames are designed to deliver ophthalmologists with more excellent stability and adaptability. However, some structures can lack this property due to the increased weight, rendering the loupes awkward for prolonged wear. Frames with more excellent stability, balance, and ease are costly. Hence, the ophthalmic loupes adoption is probable to be declined.
Companies primarily focusing on the production of sophisticated ophthalmic loupes, which will help minimize tension on the surgeon’s neck and optimize magnification. These involve the use of high-quality lenses that are free from color and optical distortion, providing higher resolutions.
The ophthalmic loupes market is segmented into Technology, Loupe Type, Loupe Design, and End-use. These major market segments are further categorized into various sub-segments to study the market in detail.
By Technology Outlook (Binocular Loupes, Monocular Loupes)
By Loupe Type Outlook (Galilean Type, Prismatic Type (Keplerian), Plate Loupe Type)
By Loupe Design Outlook (Through-The-Lens (TTL), Flip up)
By End-use Outlook (Hospitals, Ambulatory Surgical Centers, Others)
Key Players Insights
SurgiTel, SHEERVISION, Keeler, ZEISS, Rudolf Riester GmbH, NEITZ INSTRUMENTS CO., LTD., Orascoptic, Univet S.r.l., Ocutech Inc., and Designs for Vision, Inc., among others, are some significant players included in the research study of the global ophthalmic loupes market. The market players hold a substantial share of the market due to their broad product portfolio. Market leaders are involved in extensive research for the development of advanced technologies. Also, these players are offering advanced ophthalmic loupes with higher magnification to provide a better visual experience. They are also providing the service of customization to develop ophthalmic loupe as per the user’s PD and posture position to avoid further complications on the neck.
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