Surgical Loupes Market is anticipated to grow at a 3.8% CAGR from 2019 to 2030
Market Industry Reports (MIR) has published a new report titled “Surgical Loupes Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global surgical loupes market is estimated to be over US$ 250 Mn in 2018. It is anticipated to grow at a CAGR of 3.8% from 2019 to 2030.
The continual growth of the surgical loupes market can be attributed to several factors which have led to wide scale adoption of these products. Surgical loupes are extensively used to improve accuracy, clarity and focus which allows the clinician to identify conditions before they progress. Moreover, as this technique is safe and reliable to perform microsurgery it is anticipated to further contribute to the substantial growth of the global surgical loupes market between 2019 and 2030. To obtain better insights regarding the market scenario prominent players are increasingly focusing on collaborative initiatives with several institutes and research centers. The University of Alberta based in Canada, has entered into an agreement with Orascoptic, a surgical loupes manufacturer company, to develop educational program for practicing physicians.
Increasing Incidence of Musculoskeletal Disorders
Musculoskeletal disorders are a serious occupational health issue for dentists, hygienist and surgeons who have to perform long procedures. The pervasiveness of this disorder increases with age. Moreover occupation, activity level, lifestyle and family history are the main reasons that lead to these disorders. According to the study conducted by the Global Burden of Disease (GBD) in 2016, it was revealed that musculoskeletal disorders were the second highest reason for lower back pain disability globally. The use of surgical loupes has increased substantially by dentists in restorative dentistry and endodontic practice. The use of surgical loupes allows the surgeons easy access to simple visualization of the operating field and identifies exactly the level of the defect. Usage of loupes is a bit easier than microscope when conducting microsurgery. Attractive pricing coupled with availability of advanced technology has been a major driver for the global surgical loupes market, which is further anticipated to grow in the coming years.
Improved Accuracy, Clarity and Focus
Surgical loupes magnify and enhance the image of the work field and it helps the dentists, hygienists and surgeons to carry out every surgical procedure with precision and accuracy. Moreover, this helps in avoiding misdiagnosis which enables to deliver a better surgical results during a microsurgical operations and higher quality care for a patients, thus leading to increased patient satisfaction and confidence. The factors such as clarity, accuracy and focus of surgical loupes are anticipated to contribute to the growth of this market during the forecast period.
Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report, Surgical Loupes Market by Product (Clip-On and Headband Mounted) Application (Surgical Application and Dental Application), By End User (Hospitals, Clinics and Ambulatory Surgery Centers) - Global Analysis & Forecast 2019-2030. in detail along with the table of contents: https://www.marketindustryreports.com/surgical-loupes-market/74
Extended Adjustment Period
Surgical loupes are used to easily adjust as per the clinical requirements by elongating or shortening the distance between the lenses thus aiding higher magnification of the image in the work field. In order to obtain accuracy and precision the period required to adjust this distance is prolonged .This slightly time consuming trait of surgical loupes may hinder the growth of surgical loupes market during the forecast period.
Rapid Growth of the Asia Pacific Market
Asia Pacific is estimated to witness the highest CAGR during the forecast period. Increasing awareness amongst dentists, hygienists and surgeons, development in the healthcare industry and adoption of latest technologies is expected to aid in growth of surgical loupes market in this region. Furthermore, attractive pricing policy and growing economy is expected to present an attractive growth prospect for the market in the coming years.
Major Players in the Surgical Loupes Market
The prominent players in the global surgical loupes market are Carl Zeiss, Design for Vision Inc., Orascoptic, SheerVision , Xenosys, Keeler Ltd., Den-Mat Holdings LLC, Enova Illumination, SurgiTel and L.A. Lens among others.
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