About Hand-held Video Magnifier
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.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
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. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Hand-held Video Magnifier market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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 are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Hand-held Video Magnifier market by Type (3 to 5 Inch and More than 5 Inch), Application (Individual and Enterprise) and Region.
On the basis of geography, the market of Hand-held Video Magnifier has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Hand-held Video Magnifier market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Price , the sub-segment i.e. Economy will boost the Hand-held Video Magnifier market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Huge Demand for 3 to 5 inch Screen Size is gaining High Market Share
Market Growth Drivers:
Increasing Demand of Hand-Held Video Magnifiers for Viewing Product Labels, Introduction of New Advanced Visionary Devices and Increasing Expenditure of Educational Industry
Challenges:
Lack Of Technological Knowledge
Restraints:
High Power Requirement and High Price of The Magnifies
Opportunities:
Pandemic has initiated Online Lecturers which has Created Growth Opportunities for the Market
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Key Target Audience
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
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.