Binocular Loupes Market, By Product Type (Through The Lens and Flip Up Loupe), By Type (Frames and Without Frames), By Lens Type (Galilean and Prismatic), By End User (Hospitals, Dental Clinics, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : May 2024

Code : CMI6994

Pages :140

Formats :

Excel and PDF

Industry : Medical Devices

Market Concentration and Competitive Landscape

Binocular Loupes Market Concentration By Players

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Surging Geriatric Population

Advanced healthcare and lifestyle changes has led to increase in average human lifespan globally. The worldwide geriatric population, defined as people aged 65 years and above, has grown exponentially over last few decades. Many developed nations now have over 20% of their total population classified as older persons. This demographic shift is gradually catching up in developing Asian, Latin American and African countries. Aged individuals are more prone to eyesight deterioration and diseases such as cataracts, macular degeneration and glaucoma. This expanding geriatric demographic pool increases ophthalmic consultations and procedures. Optometrists, ophthalmologists and refractive surgeons requires advanced visualization devices such as binocular loupes to efficiently manage the growing caseloads. Particularly for older patients with co-morbid conditions, minimally invasive procedures performed under loupe magnification translate to less trauma and quicker recovery. Rising proportion of elderly populations can boost demand for binocular loupes from both hospital intensive ophthalmic centers as well as standalone eye-care facilities globally.

Key Players Insights