Market Overview:
The global electronic digital magnifiers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for portable and desktop digital magnifiers across different applications such as medical care, experiment, electronics, and others. Additionally, the growing awareness about the benefits of using digital magnifiers is also contributing to the growth of this market. North America dominates the global electronic digital magnifier market followed by Europe and Asia Pacific.
Product Definition:
An electronic digital magnifier is a device used to enlarge text or images on a computer screen or other electronic display. They are often used by people with low vision to help them read, write, and see details more clearly. Electronic digital magnifiers can also be helpful for people who need to fill out forms or do other tasks that require close inspection.
Portable Digital Magnifier:
Portable digital magnifier is a tool that helps in increasing the size of objects by focusing on them. It's used for reading small print, menu buttons on TV, computer screens and tablets etc. The magnification can be adjusted using a control dial or through software interface. Some of the products also have an adjustable diopter to help people with vision problems see clearly at any distance.
Desktop Digital Magnifier:
The desktop digital magnifier is a tool that enables the user to enlarge objects up to 20x without any optical distortion. It's used in various applications such as reading, studying, and computer work. The electronic digital magnifiers are available in two types: fixed focus and zooming magnification devices.
Application Insights:
The others application segment includes personal use, experiment and medical care. The others segment held the largest market share in 2017 due to the growing demand from individuals for magnifying devices that serve their purpose. The medical care segment is expected to grow at a lucrative rate over the forecast period due to increasing investments by governments in healthcare infrastructure coupled with technological advancements for better treatment options.
The electronic digital magnification devices are used by optometrists, ophthalmologists and surgeons during eye surgeries or checkups as they provide an easy way of viewing objects that are far away from normal vision range. These devices help patients with presbyopia or myopia (near-sightedness) problems as these optical instruments provide a larger image than what is seen normally. This has led to increased adoption of such products across various applications including personal use, experiment and electronics among other uses which can be witnessed through trend analysis conducted through online research portals and magazines etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing adoption of digital devices and growing demand for technologically advanced products in this region. Increasing number of research studies conducted on human genome, coupled with growing interest in science and engineering among students from U.S.
Asia Pacific is anticipated to witness lucrative growth over the next eight years owing to rising geriatric population base, which requires continuous medical care services; improving healthcare infrastructure; and increasing disposable income levels resulting into higher spending on health & wellness products such as magnifiers across countries such as China, India, Japan etc.
Europe also held a significant share in terms of revenue generation due to high prevalence of vision impairment among aging population coupled with presence or well-established eye care facilities within major countries such as Germany UK France Italy Russia Spain etc.
Growth Factors:
- Increasing demand from geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% during the forecast period, owing to the increase in life expectancy and growing awareness about health and wellness among people aged 60 years and above. This is expected to drive the demand for electronic digital magnifiers, as they help improve the quality of life for seniors by enhancing their visual abilities.
- Rising prevalence of vision impairment: According to WHO, there are around 285 million people who are visually impaired worldwide, out of which 39 million are blind and 246 million have low vision. This presents a major opportunity for players in the electronic digital magnifiers market as they offer an effective solution for improving visual abilities in such individuals.
- Technological advancements: The development of new technologies has led to the introduction of advanced features in electronic digital magnifiers, such as voice recognition software that helps users read text aloud or magnification up to 400x on some models. This is helping boost adoption rates among end-users, thereby driving market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Digital Magnifiers Market Research Report
By Type
Portable Digital Magnifier, Desktop Digital Magnifier
By Application
Medical Care, Experiment, Electronics, Others
By Companies
Vision Engineering, Eschenbach Optik, Humanware, Freedom Scientific, Dazor Lighting Technology, Koolertron, TrySight, Enhanced Vision, Mustech Electronics, PeplerOptics, Grainger, Nanopac, Eyoyo, ClearClick, Optelec, Zoomax, VisionAid Technologies, Enhanced Vision
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Digital Magnifiers Market Report Segments:
The global Electronic Digital Magnifiers market is segmented on the basis of:
Types
Portable Digital Magnifier, Desktop Digital Magnifier
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical Care, Experiment, Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Vision Engineering
- Eschenbach Optik
- Humanware
- Freedom Scientific
- Dazor Lighting Technology
- Koolertron
- TrySight
- Enhanced Vision
- Mustech Electronics
- PeplerOptics
- Grainger
- Nanopac
- Eyoyo
- ClearClick
- Optelec
- Zoomax
- VisionAid Technologies
- Enhanced Vision
Highlights of The Electronic Digital Magnifiers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable Digital Magnifier
- Desktop Digital Magnifier
- By Application:
- Medical Care
- Experiment
- Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Digital Magnifiers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electronic digital magnifiers are a type of magnifier that uses electronic technology to enlarge images. They can be handheld or mounted on a stand, and many models have adjustable magnification levels. Electronic digital magnifiers are useful for viewing small print, reading documents and photos, and inspecting objects up close.
Some of the key players operating in the electronic digital magnifiers market are Vision Engineering, Eschenbach Optik, Humanware, Freedom Scientific, Dazor Lighting Technology, Koolertron, TrySight, Enhanced Vision, Mustech Electronics, PeplerOptics, Grainger, Nanopac, Eyoyo, ClearClick, Optelec, Zoomax, VisionAid Technologies, Enhanced Vision.
The electronic digital magnifiers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Digital Magnifiers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Digital Magnifiers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Digital Magnifiers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Digital Magnifiers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Digital Magnifiers Market Size & Forecast, 2018-2028
4.5.1 Electronic Digital Magnifiers Market Size and Y-o-Y Growth
4.5.2 Electronic Digital Magnifiers Market Absolute $ Opportunity
Chapter 5 Global Electronic Digital Magnifiers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronic Digital Magnifiers Market Size Forecast by Type
5.2.1 Portable Digital Magnifier
5.2.2 Desktop Digital Magnifier
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Digital Magnifiers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronic Digital Magnifiers Market Size Forecast by Applications
6.2.1 Medical Care
6.2.2 Experiment
6.2.3 Electronics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Digital Magnifiers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Digital Magnifiers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Digital Magnifiers Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Digital Magnifiers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Digital Magnifiers Market Size Forecast by Type
9.6.1 Portable Digital Magnifier
9.6.2 Desktop Digital Magnifier
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronic Digital Magnifiers Market Size Forecast by Applications
9.10.1 Medical Care
9.10.2 Experiment
9.10.3 Electronics
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronic Digital Magnifiers Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Digital Magnifiers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Digital Magnifiers Market Size Forecast by Type
10.6.1 Portable Digital Magnifier
10.6.2 Desktop Digital Magnifier
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronic Digital Magnifiers Market Size Forecast by Applications
10.10.1 Medical Care
10.10.2 Experiment
10.10.3 Electronics
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronic Digital Magnifiers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Digital Magnifiers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Digital Magnifiers Market Size Forecast by Type
11.6.1 Portable Digital Magnifier
11.6.2 Desktop Digital Magnifier
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronic Digital Magnifiers Market Size Forecast by Applications
11.10.1 Medical Care
11.10.2 Experiment
11.10.3 Electronics
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronic Digital Magnifiers Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Digital Magnifiers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Digital Magnifiers Market Size Forecast by Type
12.6.1 Portable Digital Magnifier
12.6.2 Desktop Digital Magnifier
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronic Digital Magnifiers Market Size Forecast by Applications
12.10.1 Medical Care
12.10.2 Experiment
12.10.3 Electronics
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronic Digital Magnifiers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Digital Magnifiers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Digital Magnifiers Market Size Forecast by Type
13.6.1 Portable Digital Magnifier
13.6.2 Desktop Digital Magnifier
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronic Digital Magnifiers Market Size Forecast by Applications
13.10.1 Medical Care
13.10.2 Experiment
13.10.3 Electronics
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Digital Magnifiers Market: Competitive Dashboard
14.2 Global Electronic Digital Magnifiers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vision Engineering
14.3.2 Eschenbach Optik
14.3.3 Humanware
14.3.4 Freedom Scientific
14.3.5 Dazor Lighting Technology
14.3.6 Koolertron
14.3.7 TrySight
14.3.8 Enhanced Vision
14.3.9 Mustech Electronics
14.3.10 PeplerOptics
14.3.11 Grainger
14.3.12 Nanopac
14.3.13 Eyoyo
14.3.14 ClearClick
14.3.15 Optelec
14.3.16 Zoomax
14.3.17 VisionAid Technologies
14.3.18 Enhanced Vision
