Market Overview:
The Global Electronic Video Magnifiers Market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing prevalence of vision impairment and blindness, rising geriatric population, and technological advancements in video magnifiers. Based on type, the handheld video magnifier segment is expected to account for the majority share of the global electronic video magnifiers market in 2018. This segment is projected to grow at a CAGR of 8% during the forecast period. The desktop video magnifier segment is projected to grow at a CAGR of 6% during the same period. Based on application, personal use is expected to account for majority share of global electronic video magnifiers market in 2018 followed by commercial applications segments respectively.
Product Definition:
An electronic video magnifier is a device that enlarges text or images on a display screen for people with low vision. Electronic video magnifiers are important because they can help people with low vision to read, write, and see objects more clearly.
Handheld Video Magnifier:
Handheld video magnifier is a device that enlarges objects by focusing light on them. It's usage involves holding the device in front of the original source and activating it. The magnification factor can be adjusted with just a few button presses on the control panel. Some models also have an option to record videos which are played back later by pressing play again.
Desktop Video Magnifier:
The global desktop video magnifier and it's usage in the electronic video magnifiers market is expected to witness significant growth over the forecast period. The increasing prevalence of vision impairment problems among people due to myopia or hyperopia is one of the key factors driving demand for these devices. Inability to read small print on screen or pages because of presbyopia also contributes significantly towards increased adoption rate.
Application Insights:
The commercial application segment held the largest share of more than 60.0% in 2017. The growth can be attributed to the increasing adoption of E-V Magnifiers by hospitals, corporate offices, retail stores and other commercial places for magnification of printed materials and posters. Additionally, growing preference for holding meetings or conferences in a room with a large screen display is expected to drive demand over the forecast period from 2018 to 2030. The personal use application segment is anticipated to witness significant growth over the forecast period owing largely due to rising awareness about vision deficiency among individuals aged 50 years and above as well as children below this age group across various regions including North America, Europe, Asia Pacific and Middle East & Africa which may hinder their abilityto learn effectively at school or college if they are blind due these individuals cannot see properly without using an electronic video magnifier (EVM).
Regional Analysis:
North America dominated the global market in 2017 owing to the growing prevalence of vision impairment, increasing number of patients suffering from retinal vein occlusion (RVO) and diabetic retinopathy, and rising adoption of video magnification devices for personal use. According to data published by National Eye Institute (NIH), in U.S., over 11 million people suffer from vision loss due to age-related macular degeneration (AMD). This is expected to drive demand for electronic video magnifiers in North America during the forecast period.
Asia Pacific is expected to be one of the fastest-growing regions during the forecast period owing to a large population base with high unmet clinical needs coupled with rapidly improving healthcare infrastructure facilities across emerging economies such as India and China. Moreover, an increase in disposable income levels will fuel product demand further driving growth across this region over the next eight years.
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 fitness among people across the world. This is expected to drive the demand for electronic video magnifiers, as they help improve the quality of life for seniors by enhancing their visual capabilities.
- Rising prevalence of vision impairment: According to World Health Organization (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 growth in the electronic video magnifier market, as these devices can help improve the quality of life for people with vision impairment or blindness.
- Technological advancements: The electronic video magnifier market is witnessing rapid technological advancements, with new products being launched every year that offer better features and functionality than their predecessors. This is helping fuel growth in this market as consumers become more aware of these products and their benefits over traditional methods such as reading glasses or large-print books/materials .
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Video Magnifiers Market Research Report
By Type
Handheld Video Magnifier, Desktop Video Magnifier
By Application
Personal Use, Commercial
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Video Magnifiers Market Report Segments:
The global Electronic Video Magnifiers market is segmented on the basis of:
Types
Handheld Video Magnifier, Desktop Video 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
Personal Use, Commercial
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 Video 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:
- Handheld Video Magnifier
- Desktop Video Magnifier
- By Application:
- Personal Use
- Commercial
- 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 Video 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.
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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 Video Magnifiers are devices that allow people to see objects or images at a much larger size. They can be used to view documents, pictures, and other items in detail.
Some of the major players in the electronic video 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 video magnifiers market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Video 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 Video Magnifiers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Video 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 Video 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 Video Magnifiers Market Size & Forecast, 2018-2028
4.5.1 Electronic Video Magnifiers Market Size and Y-o-Y Growth
4.5.2 Electronic Video Magnifiers Market Absolute $ Opportunity
Chapter 5 Global Electronic Video 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 Video Magnifiers Market Size Forecast by Type
5.2.1 Handheld Video Magnifier
5.2.2 Desktop Video Magnifier
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Video 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 Video Magnifiers Market Size Forecast by Applications
6.2.1 Personal Use
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Video 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 Video 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 Video Magnifiers Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Video 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 Video Magnifiers Market Size Forecast by Type
9.6.1 Handheld Video Magnifier
9.6.2 Desktop Video 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 Video Magnifiers Market Size Forecast by Applications
9.10.1 Personal Use
9.10.2 Commercial
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 Video Magnifiers Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Video 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 Video Magnifiers Market Size Forecast by Type
10.6.1 Handheld Video Magnifier
10.6.2 Desktop Video 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 Video Magnifiers Market Size Forecast by Applications
10.10.1 Personal Use
10.10.2 Commercial
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 Video Magnifiers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Video 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 Video Magnifiers Market Size Forecast by Type
11.6.1 Handheld Video Magnifier
11.6.2 Desktop Video 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 Video Magnifiers Market Size Forecast by Applications
11.10.1 Personal Use
11.10.2 Commercial
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 Video Magnifiers Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Video 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 Video Magnifiers Market Size Forecast by Type
12.6.1 Handheld Video Magnifier
12.6.2 Desktop Video 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 Video Magnifiers Market Size Forecast by Applications
12.10.1 Personal Use
12.10.2 Commercial
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 Video Magnifiers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Video 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 Video Magnifiers Market Size Forecast by Type
13.6.1 Handheld Video Magnifier
13.6.2 Desktop Video 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 Video Magnifiers Market Size Forecast by Applications
13.10.1 Personal Use
13.10.2 Commercial
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 Video Magnifiers Market: Competitive Dashboard
14.2 Global Electronic Video 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
