Global Hand-held Video Magnifier Market Overview:
Hand held video magnifier is closed-circuit television (CCTV) system. It uses stand-mounted camera to project a magnified image onto a video monitor. It provides a magnified image for use by people with low vision to enable them to maintain an independent lifestyle at work, home, or school. A video magnifier consists of a camera, monitor, lighting, and usually a stand. Video magnifiers usually have enhanced contrast and other features that help you read magazines and letters, view family photos, write checks, perform work activities, do schoolwork, and engage in favourite hobbies. Video magnifiers are used by people with age-related macular degeneration (AMD), diabetic retinopathy, cataracts, glaucoma, and many other visual conditions.
- Increasing Demand of Hand-Held Video Magnifiers for Viewing Product Labels
- Introduction of New Advanced Visionary Devices
- Increasing Expenditure of Educational Industry
- High Power Requirement
- High Price of The Magnifies
- Pandemic has initiated Online Lecturers which has Created Growth Opportunities for the Market
- Lack Of Technological Knowledge
The market of Hand-held Video Magnifier is expected to grow with rising demand from number of end use industries. Numerous companies are operating in the market to provide Hand-held Video Magnifier in different market. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio. In addition, market profitability is attracting new entrant which is turn impacted on competitive rivalry.
Some of the key players profiled in the report are Irie-AT (United States), VisionAid Technologies Ltd (United States), Enhanced Vision (United States), ZOOMAX Technology Co Limited (China), MaxiAids.com (United States), CECITECH Inc. (Canada), Optelec (Netherlands), Freedom Scientific Inc. (United States), ViSee Magnifiers (Netherlands) and Koolertron (Shenzhen Kuletong Technology. Analyst at AMA Research see United States Players to retain maximum share of Global Hand-held Video Magnifier market by 2026. Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Hand-held Video Magnifier market. Considering Market by Price , the sub-segment i.e. Economy will boost the Hand-held Video Magnifier market.
What Can be Explored with the Hand-held Video Magnifier Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Hand-held Video Magnifier Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Hand-held Video Magnifier
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Hand-held Video Magnifier market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Hand-held Video Magnifier market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Hand-held Video Magnifier Manufacturer, Hand-held Video Magnifier Distributors, Raw Material Suppliers, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Hand-held Video Magnifier Market?
The Hand-held Video Magnifier market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Hand-held Video Magnifier Market?
Top performing companies in the Global Hand-held Video Magnifier market are Irie-AT (United States), VisionAid Technologies Ltd (United States), Enhanced Vision (United States), ZOOMAX Technology Co Limited (China), MaxiAids.com (United States), CECITECH Inc. (Canada), Optelec (Netherlands), Freedom Scientific Inc. (United States), ViSee Magnifiers (Netherlands) and Koolertron (Shenzhen Kuletong Technology, to name a few.
3. What trending factors would impact Hand-held Video Magnifier Market growth most?
"Huge Demand for 3 to 5 inch Screen Size is gaining High Market Share" is seen as one of major influencing trends for Hand-held Video Magnifier Market during projected period 2020-2026.