Global Surgical Lights Market, By Technology (LED Lights, Halogen Lights), Application (Gynaecological Surgery, Cardiac Surgery, Neurology, ENT Surgery, Others), End Use (Hospital Operating Rooms, Ambulatory Surgery Centres, Procedure Rooms, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Surgical Lights Market
Global surgical lights market is expected to gain market growth in the forecast period of 2021-2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 4.95%. The current market value of USD 729.61 million will reach to the market value of USD 974.95 million in the year 2028.
Surgical lights are used in every dental surgery, hospital operation and procedure rooms, and ambulatory surgery centres. These lights are designed in a way that illuminates the area which in turn helps to improve the visualization for the surgeon. Surgical lights are available in many designs and thus are flexible enough to support a surgeon's clear view while undertaking surgery. They offer different highlights including pure white light, which permits the staff to effectively play out the surgeries. There are different sorts of working lights, utilized for various purposes.
With the rising number of hospitals, there can be seen a boom in the sale of surgical lights. Moreover, as a result of good quality healthcare facilities being expected, there would be a rise in the demand for surgical lights globally. Not just that but a rise in the investment made by the government of emerging economies in the healthcare sector will further contribute to the increasing demand for surgical lights. Increasing medical tourism in developing countries also falls back as one of the reasons for the growing investment in this direction.
But in spite of the growing demand and investment, there exist hurdles in the growth of this market. Heat being omitted from these lights develops into infra-red radiations that are harmful for the skin. The heat emitted can further create an environment of suffocation in the surgery centre. Another constraint in the growth of demand for surgical lights is the high cost of LED and CFL bulbs. Cost-benefit analysis has to be taken into consideration before making an investment.
This surgical market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, geographic expansions, and technological innovations in the market. To gain more information on Global Surgical Lights Market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Surgical Lights Market Scope and Market Size
The surgical lights market is bifurcated into different segments namely technology, application and end use. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of technology, the surgical lights market is segmented into LED lights and halogen lights.
- Cardiac surgery, neurosurgery, gynaecological surgery, ENT surgery and others are the segments involve in application of surgical lights.
- On the basis of end use, the surgical lights market is segmented into hospital operating rooms, ambulatory surgery centres, procedure rooms, and others.
Global Surgical Lights Market Country Level Analysis
Surgical lights market is analysed and market size information is provided by country by technology, application and end use as referenced above.
The countries covered in surgical lights market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America has the largest market share right now and will continue to grow over the years. The reason being is that the overall quality of healthcare services provided here are better than other regions in comparison. However, Asia-Pacific would witness and exhibit the highest CAGR for the period 2021-2028. This is because of the increasing demand in the health care facilities, improving technology and increasing investment in this sector especially in developing economies.
The country section of the global surgical lights market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Surgical Lights Market Share Analysis
Surgical lights market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to surgical lights market.
The major players in the global surgical lights market are Hill-Rom Services,Inc., STERIS, SKYTRON,LLC, Getinge AB, A-dec Inc., Engineered Medical Solutions Company,LLC d/b/a BihlerMed, S.I.M.E.O.N. Medical GmbH & Co. KG, Integra LifeSciences Corporation, Herbert Waldmann GmbH & Co. KG, Koninklijke Philips N.V., Technomed India, Dragon Industry(ZJG) Co., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Sunnex, Inc., KLS Martin Group, Welch Allyn®, DRE Medical, Apothecaries Sundries Mfg. Co. and Matrix Medicals Private Limited. Global Surgical Lights Market share data is available for global, North America, South America, Europe, Asia-Pacific (APAC) and Middle East and Africa (MEA) separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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