Market Introduction
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.
Thus, the increasing need of medical loupes during surgical procedures is expected to create a significant demand for medical loupes in the coming years, which is further anticipated to drive the medical loupes market.
Market Overview and Dynamics
The medical loupes market in Middle East and Africa is expected to grow from US$ 24.3 million in 2019 to US$ 34.4 million by 2027; it is estimated to grow at a CAGR of 4.6% from 2019 to 2027. Growing developments in medical technology are enabling various product launches in the market. Several leading and startup companies have enhanced their product development and upgrade activities that are leveraging the market’s growth. For instance, in August 2019, Surgitel launched the new Prime EX frame that is a combination of their proven technologies. The Prime EX has many beneficial features to the user including lens options for optimal eye protection and comfort, the exclusive ErgoFitTM Nose Pad system, and in various eye-catching colors. Such product launches in the market are likely to drive the market during the forecast period. This is bolstering the growth of the medical loupes market.
Key Market Segments
In terms of type, the through the lens (TTL) loupes segment accounted for the largest share of the Middle East and Africa medical loupes market in 2019. In terms of lens type, the Galilean segment held a larger market share of the medical loupes market in 2019. In terms of application, the surgical segment held a larger market share of the medical loupes market in 2019. In terms of distribution channel, the offline segment held a larger market share of the medical loupes market in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the medical loupes market in Middle East and Africa are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Carl Zeiss Meditec AG, SurgiTel, Sheervision Loupes & Headlights, Keeler Ltd (Halma plc), Neitz Instruments Co.,Ltd, Univet S.r.l., and Den-Mat Holdings, LLC.
Reasons to buy report
MIDDLE EAST AND AFRICA MEDICAL LOUPES MARKET SEGMENTATION
By Type
By Lens Type
By Application
By Distribution Channel
By Country
Companies Mentioned
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 24.3 Million |
| Market Size by 2027 | US$ 34.4 Million |
| CAGR (2019 - 2027) | 4.6% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
The Middle East and Africa Medical Loupes Market is valued at US$ 24.3 Million in 2019, it is projected to reach US$ 34.4 Million by 2027.
As per our report Middle East and Africa Medical Loupes Market, the market size is valued at US$ 24.3 Million in 2019, projecting it to reach US$ 34.4 Million by 2027. This translates to a CAGR of approximately 4.6% during the forecast period.
The Middle East and Africa Medical Loupes Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Medical Loupes Market report:
The Middle East and Africa Medical Loupes Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Medical Loupes Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Medical Loupes Market value chain can benefit from the information contained in a comprehensive market report.
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