According to a new market research study titled “Medical Loupes Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Type, Lens Type, Application, and Distribution Channel,” the market is expected to reach US$ 658.49 million by 2027 from US$ 393.64 million in 2019. The market is estimated to grow at a CAGR of 6.8% from 2020 to 2027. The report highlights the trends prevailing in the global medical loupes market and the factors driving the market along with those that act as deterrents to its growth. The market is expected to grow due to increasing product launches and rising need of medical loupes during surgical procedures during the forecast period.
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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 February 2020, Orascoptic announced a new range of medical loupe, Tempo Refined Fit, for its custom product portfolio. The product is designed to provide extra comfort for clinicians. The customized product is designed to fit facial structures with a lower nose bridge and higher cheekbones, providing definitive comfort and function.
Key Companies Analysis –
- Carl Zeiss Meditec AG
- Sheervision Loupes & Headlights
- Keeler Ltd (Halma plc)
- Neitz Instruments Co.,Ltd
- Univet S.r.l.
- Designs for Vision, Inc
- Den-Mat Holdings, LLC
- Enova Illumination
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The company has also announced another breakthrough in July 2019 by introducing TruColor. It is a development in the loupe illumination segment. The device is designed to achieve high color rendering index (CRI) illumination. The development has enabled integration of LED lights with 90 CRI illumination in the headband medical loupe. TruColor offers to visualize rendering colors much closer to the natural colors. Thus, it enables a clear vision of the surgical site and oral surfaces that are washed-out during cleaning process and provide low color accuracy during the surgical procedures.
Similarly, in February 2019, Enova Illumination announced its crafted loupes for commercialization in the US. The company launched products in different color variants, such as green, blue, pink, silver, and black. In November 2020, it introduced Axis LED Light with Activ Battery System. It is an LED light solution designed with a clip-on magnetic light with a wearable neckband battery. It offers improved comfort and visualization to users while performing dental, oral and maxillofacial, and cosmetic facial procedures. The product provides 30,000-lux illuminance for over five working hours and delivers uniform light across the surgical sites without a shadow. The developments have enabled providers to offer comfort to the users and maintain their posture during the procedures. In addition, the additional features allow easy brightness control settings during clinical and surgical procedures. Such product launches in the market are likely to drive the market 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
Medical Loupes Market – by Application
Medical Loupes Market – by Distribution Channel
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