Medical Loupes Market projected to reach US$ 658.49 million by 2027 and to grow at a CAGR of 6.8% – SurgiTel, Orascoptic, Designs for Vision, Enova Illumination

Medical Loupes Market projected to reach US$ 658.49 million by 2027 and to grow at a CAGR of 6.8% - SurgiTel, Orascoptic, Designs for Vision, Enova Illumination

“Medical Loupes Market”
The medical loupes market was valued at US$ 393.64 million in 2019 and it is projected to reach US$ 658.49 million by 2027; it is expected to grow at a CAGR of 6.8% from 2020 to 2027.

A medical loupe is a small binocular or monocular magnifying lens. It is fixed in an eyepiece or head frame to magnify the vision during clinical or surgical procedures. It is widely used for dental, and general surgical procedures. It offers a good color interpretation of anatomical structures with edge-to-edge sharpness. Thus, it allows the user to procedures with clarity and precision and improves the patient’s health. 

The medical loupes market is segmented on the basis of type, lens type, application, and distribution channel, and geography. By geography, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. The report offers insights and in-depth analysis of the medical loupes market emphasizing on various parameters such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the world.

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A few prominent players operating in the medical loupes market are Carl Zeiss Meditec AG, SurgiTel, Sheervision Loupes & Headlights, Keeler Ltd (Halma plc), Neitz Instruments Co.,Ltd, Orascoptic, Univet S.r.l., Designs for Vision, Inc., Den-Mat Holdings, LLC, and Enova Illumination.

The COVID-19 pandemic is estimated to have a significant positive impact on the medical loupes market. Majority of the pharmaceutical companies across the world are engaged in the development of vaccines for COVID-19. Moreover, most dental and surgical practices closed except in emergencies which is anticipated to have a negative impact on the other segments of the market in the coming months. However, disruptions in the supply chain caused due to the halt in global operations are hindering the market growth.

Market players are bringing new and innovative products and services to sustain their position in the medical loupes market. For instance, in Feb. 2019, Enova Illumination announced that its new line of masterfully crafted loupes was released to the public last week and are now available for order. The loupes, made in the United States, are the first on the market to feature colored oculars and are available in green, blue, pink, silver, and black. Such developments are expected to bolster the market growth during the forecast period.

The report segments the global medical loupes market as follows:

Medical Loupes Market – by Type

  • Through The Lens [TTL] Loupes
  • Flip Up Loupes

Medical Loupes Market – by Lens Type

  • Galilean
  • Prismatic

Medical Loupes Market – by Application

  • Dentistry
  • Surgical
  • Others

Medical Loupes Market – by Distribution Channel

  • Online
  • Offline

Key questions answered

  • Who are the Leading key players and what are their Key Business plans in the Medical Loupes market?
  • What are the key concerns of the five forces analysis of the Medical Loupes market?
  • What are different prospects and threats faced by the dealers in the Medical Loupes market?
  • What possible measures players are taking to overcome and stabilize the situation?

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