LAMEA Examination Lights Market

LAMEA Examination Lights Market Size, Share & Industry Trends Analysis Report By End User (Clinics, Hospitals and Others), By Type (LED and Halogen), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-19055 Publication Date: December-2023 Number of Pages: 122
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Market Report Description

The Latin America, Middle East and Africa Examination Lights Market would witness market growth of 7.1% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 59.0 thousand Units, showcasing a growth of 9.0% (2023-2030).

Examination lamps are specifically engineered to provide light and illuminate the patient's environment in a radiant design, facilitating the diagnostic process. Regarding the production of examination lights, factories strive for a straightforward method that maximizes visibility and efficiency. A multitude of clinical characteristics of examination lights include cold coverings that maintain their temperature for an extended duration of the procedure, exceptional color rendition, and an extended lifespan of the light. Various examination light categories are at customers' disposal, encompassing wall-mounted examination lights, ceiling-mounted examination lights, and numerous others.

The demand for examination lamps is anticipated to experience a steady and upward trend throughout the forecast period. The growing need for novel shipments of examination lamps across various medical facilities is the primary driver of the market's rapid expansion. Furthermore, the increasing inclination towards eliminating more energy-intensive halogen light bulbs to decrease energy emissions and conserve money on energy expenses for consumers has generated a prosperous prospect for LED-based examination solutions to experience nationwide demand.

Moreover, as per the National Library of Medicine, there are 71 million individuals aged 60 and elderly in Latin America and the Caribbean, which accounts for 11.2% of the population. According to the United Nations, Djibouti, Egypt, Libya, Jordan, Syria, and the Gulf Cooperation Council (GCC), countries experience a "moderate rate of ageing". Therefore, the growing chronic disease prevalence and the aging population are significant problems in the region, which results in patients' frequent visits to hospitals and clinics, creating more demand for examination lights in the region.

The Brazil market dominated the LAMEA Examination Lights Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $6,967.1 Thousands by 2030. The Argentina market is experiencing a CAGR of 7.7% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 6.8% during (2023 - 2030).

Based on End User, the market is segmented into Clinics, Hospitals and Others. Based on Type, the market is segmented into LED and Halogen. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Examination Lights Market is Projected to reach USD 306.8 Million by 2030, at a CAGR of 5.6%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hill-Rom Holdings, Inc. (Baxter International, Inc.), Skytron, LLC, Getinge AB, Herbert Waldmann GmbH & Co. KG, Teleflex, Inc., Stryker Corporation, Edwards Lifesciences Corporation, Invacare Corporation, Dragerwerk AG & Co. KGaA, and S.I.M.E.O.N. Medical GmbH & Co. KG.

Scope of the Study

Market Segments Covered in the Report:

By End User (Volume, Thousand Units, USD Million, 2019-2030)

  • Clinics
  • Hospitals
  • Others

By Type (Volume, Thousand Units, USD Million, 2019-2030)

  • LED
  • Halogen

By Country (Volume, Thousand Units, USD Million, 2019-2030)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Hill-Rom Holdings, Inc. (Baxter International, Inc.)
  • Skytron, LLC
  • Getinge AB
  • Herbert Waldmann GmbH & Co. KG
  • Teleflex, Inc.
  • Stryker Corporation
  • Edwards Lifesciences Corporation
  • Invacare Corporation
  • Dragerwerk AG & Co. KGaA
  • S.I.M.E.O.N. Medical GmbH & Co. KG
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