The global surgical lights market size is expected to reach USD 2.2 billion by 2026, registering a CAGR of 4.6% during the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for latest technologies to provide patients the best possible care coupled with rising number of surgical procedures around the globe is expected to fuel the growth.
Surgical
lights are mainly used in Ambulatory Surgery Centers (ASCs) and hospitals. They
are used by surgeons, clinicians, and proceduralists for optimal visualization
during a medical procedure. The lights can also be used in emergency rooms,
labor and delivery, and examination rooms. A rise in the number of surgeries
due to the high prevalence of cardiovascular diseases, neurological disorders,
and accidents and trauma cases is anticipated to drive the demand for surgical
lights in the forthcoming years. According to a 2016 report of the World Health
Organization (WHO), the number of surgeries increased by ~40% from 2004 to
2012.
North
America and Europe have led the surgical light market in terms of both the
revenue and volume share, owing to the availability of a large number of
advanced and progressive healthcare facilities and growing number of ambulatory
surgery centers in the regions. In Asia Pacific, the adoption of surgical
lights is rising at a significant rate, due to increasing number of
well-equipped healthcare facilities in the region.
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Surgical Light
Market Report Highlights
- Hospitals and ambulatory
surgical centers prefer LED surgical lights due to advantages over halogen
lights, such as energy-efficiency, less energy consumption, and longer
shelf life
- Government initiatives for
promoting the adoption of energy-efficient surgical lamps in hospitals and
ambulatory surgical centers along with increasing R&D efforts for
advancements in surgical lights is driving the market
- North America dominated the
market with the largest revenue share of 38.7% in 2018. This is due to the
increasing number of ambulatory surgical centers for outpatient surgical
procedures and growing trend for hybrid operating rooms in U.S.
- Asia Pacific is expected to
witness the fastest CAGR of 6.4% over the forecast period. Improvement of
healthcare infrastructure is attributed to the increasing demand for
surgical devices, equipment, and accessories
- Few of the surgical lights
market players are STERIS plc; A-dec Inc.; BihlerMED; CV Medical; SKYTRON;
Herbert Waldmann GmbH & Co. KG; Getinge AB; Hill-Rom Services;
S.I.M.E.O.N. Medical GmbH & Co. KG; and Integra LifeSciences
Corporation
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Surgical Light
Market Segmentation
Grand View Research has segmented
the global surgical light market based on product technology, application, end
use, and region:
Surgical Lights Technology
Outlook (Revenue, USD Million, 2015 - 2026)
- LED Lights
- Halogen Lights
Surgical Lights
Application Outlook (Revenue, USD Million, 2015 - 2026)
- Cardiac Surgery
- Neurosurgery
- Gynecological Surgery
- ENT Surgery
- Others
Surgical Lights End
Use Outlook (Revenue, USD Million, 2015 - 2026)
- Hospital Operating Rooms
- Ambulatory Surgical Centers
- Others
Surgical Lights
Regional Outlook (Revenue, USD Million, 2015 - 2026)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Spain
- Italy
- France
- RoE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Argentina
- RoLATAM
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- RoMEA
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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