The Global Surgical Lights Market size is expected to reach $3.6 billion by 2026, rising at a market growth of 5.7% CAGR during the forecast period. Surgical lights, also referred to as operating lights, are used mainly in hospital operating rooms and outpatient surgery centers to provide high-quality illumination for procedures. These lights are used in emergency rooms, labor and delivery rooms, examination rooms, and other areas where surgical procedures are performed. They are commonly used by physicians, surgeons, and other medical practitioners.
Global Surgical Lights Market Size
Surgical light illuminates the patient's surgical site for precise and accurate visualization when conducting surgery. These lights are designed to work for long periods without unnecessary heat radiation. Several lights are readily available to meet the needs of optimal visualization during surgery and procedures. In addition, the surgical lighting options include ceiling mounting, wall-mounted, or floor stand. The surgical light can also be used in all three configurations, depending on the model.
The growing number of hospitals, increased investment in operating room equipment, and a rise in the global geriatric population are the key factors driving the market growth of surgical lights. In addition, the rise in regulatory approvals for specific surgical lights is driving the market growth. In addition, increased product availability, a substantial increase in demand for well-equipped surgical lights to enhance the visibility and accessibility of healthcare facilities, and enhanced healthcare infrastructure in developing economies are boosting the growth of the market for surgical lights.
Surgical Lights Market Share
Nevertheless, the high cost of LED & CFL lights and the effects of their intensive usage is expected to impede the market growth. On the contrary, technical advancements in these lights and a rise in awareness of patient care are projected to generate lucrative growth prospects for the expansion of the market.
Hospitals focus on providing improved healthcare facilities and equipping hospitals with the latest equipment and technologies to improve healthcare services. These are significant factors that can drive the market growth for surgical lights. Supportive government policies and programs, such as tax and duty exemptions for imported medical systems and medications and discounted prices for hospital establishments, to boost the country's health facilities, are further contributing to the global market growth of surgical lights.
Based on Type, the market is segmented into Halogen and LED. Based on Application, the market is segmented into Cardiac Surgery, Gynecological Surgery, Neurosurgery, ENT Surgery and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Free Valuable Insights: Global Surgical Lights Market to reach a market size of $3.6 billion by 2026
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., Koninklijke Philips N.V., Integra LifeSciences Holdings Corporation, Steris PLC, A-dec, Inc., Engineered Medical Solutions Company, LLC (BihlerMED), Herbert Waldmann GmbH & Co. KG, CV Medical, LLC, Skytron, LLC, Sunnex Group (Amplex Group Pty. Ltd.).
Market Segmentation:
By Type
By Application
By Geography
Companies Profiled
The global surgical lights market size is expected to reach $3.6 billion by 2026.
The major factors that are anticipated to drive the surgical lights industry include the increasing number of hospitals and ASCs, Growing demand for LEDs, and Increasing number of surgical procedures.
The segment of cardiac surgery expected to record the fast growth over the forecast period due to the growing prevalence of cardiac diseases.
The North America market dominated the Global Surgical Lights Market by Region in 2019.
Hill-Rom Holdings, Inc., Koninklijke Philips N.V., Integra LifeSciences Holdings Corporation, Steris PLC, A-dec, Inc., Engineered Medical Solutions Company, LLC (BihlerMED), Herbert Waldmann GmbH & Co. KG, CV Medical, LLC, Skytron, LLC, Sunnex Group (Amplex Group Pty. Ltd.)
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