Technological advancements have undeniably resulted in various groundbreaking developments in almost all aspects of life including in the field of medicine and surgery. These advancements have also contributed a lot in developing new surgical techniques, tools, and devices including magnification devices like the loupes for surgeons. In these modern days, the role that magnification devices play a vital role in surgical settings. The use of surgical loupe has long been recognized for providing a lot of benefits to the operator and to the patient. Surgical loupes help to reduce eyestrain and they also almost eliminate strain to the back and neck. Since the loupes offer suitable magnification and illumination the surgeon does not have to struggle to see the working area clearly. They can assume a better ergonomic posture and, eliminating most of the stress that they normally feel when performing surgeries. Surgical loupes are available in different magnification powers as well as in various styles such as flip-up, headband etc. The flip-up loupe is a very easy-to-use tool as surgeons can easily flip the loupe up or down according to his or her requirements. The modern loupes are also fitted with a source of light to provide suitable illumination.
The key factor that is increasing the revenue potential of the surgical loupes market is the consistent increase in the prevalence of musculoskeletal disorders, mainly pertaining to dental. The pain or discomfort is tremendous for the sufferers and they readily resort to professional medical care. Increase in Health Awareness among people is expected to create growth opportunities for the surgical loupes market. Increasing income level is creating a major demand for prevention and correction of health/vision problems which in result is creating demand for medical products such as medical loupes. Innovation and new product launches to resonate with the growing demand from countries or regions such as USA, China and India etc.
The coronavirus disease 2019 (COVID-19) pandemic is having a major clinical as well as organisational impact on the national health-care system worldwide, particularly in high-volume hospitals which are usually active for many essential clinical needs. There is shortage of the .resources need to be conserved and diverted to the treatment of COVID-19 patients. These shortages have changed the way surgical diseases are managed in the worldwide. This has resulted in hospitals cancelling all scheduled and elective surgeries. Acute surgical emergencies are still inevitable and must be addressed in a timely and sensible manner. The goal to opt of elective surgeries is to ensure timely surgical care to patients presenting with urgent and emergent surgical conditions while optimizing patient care resources (e.g. hospital and intensive care unit (ICU) beds, PPE, ventilators) and preserving the health of caregivers. There is a lot of impact on management of the urgent and emergent cases e.g. there is limited number of operating rooms (ORs) catering to only emergency surgeries. Limiting exposure of personnel to potential COVID patients and to limit use of PPEs is the key. Therefore, the number of new patients opting surgeries is expected to be negatively impacted as the only most acute surgeries are taking place. The impact will likely to be continue until the situation gets normalise.
Global surgical loupes Market is analysed based on product type, modality, application, end user and geography.
The key competitors operating in this industry include Carl Zeiss Meditec AG (Germany), Enova Illumination (U.S), Xenosys Co. Ltd. (Korea), Surgitel (U.S.), Perioptix Inc (U.S.), Ergonoptix (U.S.), L.A Lens, Keeler Ophthalmic Instruments (UK), Rose Micro Solutions (U.S.), North- Southern Electronics Limited (China), Sheer Vision Inc (U.S.), Orascoptic (U.S.), Hiene Optotechnik (Germany), Designs for Vision Inc (U.S.), LW Scientific (U.S.), Neitz Instruments Co.Ltd (Japan), Integra Lifesciences Corporation (U.S.), Thermo Fisher Scientific (U.S.), and GF Health Products Inc (U.S.), among others.
The global surgical loupe market is segmented based on product, modality, application, end user and geography. Based on products, the market is categorized into galilean loupe and prismatic loupe which are further classified as through the lens loupe and flip up loupe. The modalities considered in the surgical loupes industry are head band mounted loupes and clip on loupes. Different applications of surgical loupe are otolaryngology, neurosurgery, plastic surgery, cardiac surgery, orthopaedic surgery, dental surgery and vascular surgery.
Various end users of the surgical loupe market are hospitals, reference laboratories, academic & research institutes and others. By geography, the global surgical loupe market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world. In 2018, North America held the largest revenue share mainly due to as increasing hospitalization rate and growing prevalence’s of diseases.
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