Market Overview:
The global objective lens market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for objective lenses in medical and research applications. The medical center segment is expected to account for the largest share of the global objective lens market in 2018, followed by the research center segment. North America is expected to account for the largest share of the global objective lens market in 2018, followed by Europe and Asia Pacific.
Product Definition:
An objective lens is a type of lens that is used in optical instruments such as microscopes and telescopes to form an image of the specimen or object. The objective lens collects light from the object and focuses it into a real or virtual image.
Max. 10x:
Ans. Max. 10x is a magnification range which can be achieved with optical instruments such as microscopes, eyeglasses, and binocular lenses. It is also known as maximum power lens or sometimes called hyper-maxillofacial lens because of its use in dental applications where the user aims to view facial features at extreme distances (more than 5 cm).
Max. 50x:
Max. 50x is a term used for high powered microscopes that are capable of magnifying objects 50 times their normal size. These types of microscopes are mainly used in research and development, production line inspection, quality control applications, etc. The market for Max. 50x has been growing at a steady pace owing to the increasing demand from various application areas and technological advancements in this field over the past few years.
Application Insights:
Based on application, the global objective lens market has been segmented into medical center, research center, and others. The medical center held the largest share of over 60% in 2017. It is also expected to be the fastest-growing segment during the forecast period owing to increasing demand for advanced surgical equipment and devices that can help in diagnosing diseases at an early stage.
The research center application segment is projected to witness substantial growth during the forecast period due to rising R&D activities pertaining to ophthalmic care and lenses used for various purposes such as studying light transmission properties or using them as a tool for brain imaging. Furthermore, this category includes educational institutes where these lenses are used by researchers for educational purposes or by students undertaking courses related studies on human vision or visual perception. These centers also offer training programs where students learn how these products are used in real world applications by surgeons & optometrists which further boosts product demand globally.
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 advanced technologies, presence of key players, and high disposable income of consumers and healthcare professionals in this region. In addition, growing number of research projects by universities & colleges for developing new objective lenses is also one factor that can be attributed to North America’s dominance over other regions during the same period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising medical tourism industry in Asian countries such as India, China, Thailand & Malaysia among others due to availability of affordable treatment options at hospitals equipped with modern diagnostic tools.
Growth Factors:
- Increasing demand for objective lenses in the medical field for diagnosis and treatment of eye diseases.
- Growing use of objective lenses in the defense and security sector for surveillance and detection purposes.
- Rising demand from the consumer electronics sector for use in cameras, camcorders, smartphones, and other devices.
- Proliferation of optical instruments such as microscopes and telescopes that require objective lenses for operation.
Scope Of The Report
Report Attributes
Report Details
Report Title
Objective Lens Market Research Report
By Type
Max. 10x, Max. 50x, Above 50x
By Application
Medical Center, Research Center, Other
By Companies
Olympus, Nikon, Zeiss, Leica Microsystems, Newport, Thorlabs, Meiji Techno, Mitutoyo, Navitar, Motic
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Objective Lens Market Report Segments:
The global Objective Lens market is segmented on the basis of:
Types
Max. 10x, Max. 50x, Above 50x
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 Center, Research Center, Other
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:
- Olympus
- Nikon
- Zeiss
- Leica Microsystems
- Newport
- Thorlabs
- Meiji Techno
- Mitutoyo
- Navitar
- Motic
Highlights of The Objective Lens 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:
- Max. 10x
- Max. 50x
- Above 50x
- By Application:
- Medical Center
- Research Center
- Other
- 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 Objective Lens 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Objective lens is a type of lens that projects an image onto a film or digital sensor.
Some of the key players operating in the objective lens market are Olympus, Nikon, Zeiss, Leica Microsystems, Newport, Thorlabs, Meiji Techno, Mitutoyo, Navitar, Motic.
The objective lens market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Objective Lens Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Objective Lens Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Objective Lens Market - Supply Chain
4.5. Global Objective Lens Market Forecast
4.5.1. Objective Lens Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Objective Lens Market Size (000 Units) and Y-o-Y Growth
4.5.3. Objective Lens Market Absolute $ Opportunity
5. Global Objective Lens Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Objective Lens Market Size and Volume Forecast by Type
5.3.1. Max. 10x
5.3.2. Max. 50x
5.3.3. Above 50x
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Objective Lens Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Objective Lens Market Size and Volume Forecast by Application
6.3.1. Medical Center
6.3.2. Research Center
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Objective Lens Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Objective Lens Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Objective Lens Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Objective Lens Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Objective Lens Demand Share Forecast, 2019-2026
9. North America Objective Lens Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Objective Lens Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Objective Lens Market Size and Volume Forecast by Application
9.4.1. Medical Center
9.4.2. Research Center
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Objective Lens Market Size and Volume Forecast by Type
9.7.1. Max. 10x
9.7.2. Max. 50x
9.7.3. Above 50x
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Objective Lens Demand Share Forecast, 2019-2026
10. Latin America Objective Lens Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Objective Lens Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Objective Lens Market Size and Volume Forecast by Application
10.4.1. Medical Center
10.4.2. Research Center
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Objective Lens Market Size and Volume Forecast by Type
10.7.1. Max. 10x
10.7.2. Max. 50x
10.7.3. Above 50x
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Objective Lens Demand Share Forecast, 2019-2026
11. Europe Objective Lens Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Objective Lens Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Objective Lens Market Size and Volume Forecast by Application
11.4.1. Medical Center
11.4.2. Research Center
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Objective Lens Market Size and Volume Forecast by Type
11.7.1. Max. 10x
11.7.2. Max. 50x
11.7.3. Above 50x
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Objective Lens Demand Share, 2019-2026
12. Asia Pacific Objective Lens Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Objective Lens Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Objective Lens Market Size and Volume Forecast by Application
12.4.1. Medical Center
12.4.2. Research Center
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Objective Lens Market Size and Volume Forecast by Type
12.7.1. Max. 10x
12.7.2. Max. 50x
12.7.3. Above 50x
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Objective Lens Demand Share, 2019-2026
13. Middle East & Africa Objective Lens Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Objective Lens Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Objective Lens Market Size and Volume Forecast by Application
13.4.1. Medical Center
13.4.2. Research Center
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Objective Lens Market Size and Volume Forecast by Type
13.7.1. Max. 10x
13.7.2. Max. 50x
13.7.3. Above 50x
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Objective Lens Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Objective Lens Market: Market Share Analysis
14.2. Objective Lens Distributors and Customers
14.3. Objective Lens Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Olympus
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nikon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zeiss
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Leica Microsystems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Newport
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Thorlabs
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Meiji Techno
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mitutoyo
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Navitar
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Motic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
