Surgical lights Market Key Developments, Industry Growth, Trends, Segment, Regional Analysis And Business-Opportunities 2026 | CV Medical, Skytron, Herbert Waldmann, Getinge AB, Hill-Rom Services
Pune, Maharashtra, India, November 10 2020 (Wiredrelease) Allied Analytics –:According to the report, the global surgical lights industry was estimated at $2.71 billion in 2018, and is projected to garner $3.83 billion by 2026, registering a CAGR of 4.5% from 2019 to 2026.
Significant rise in surgical procedures, and surge in technological developments in surgical lights drive the growth of the global surgical lights market. On the other hand,high cost of LED lights restrains the growth to some extent. However, various growth opportunities in emerging economies are expected to create a number of opportunities in the industry.
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Surgical lights Market Competitive Analysis:
Steris plc., A-dec Inc., BihlerMED, CV Medical, Skytron, Herbert Waldmann GmbH & Co., Getinge AB, Hill-Rom Services, and S.I.M.E.O.N. Medical GmbH & Co. KG are provided in this report.
The cardiac surgery segment to dominate during the estimated period-
Based on application, the cardiac surgery segment accounted for nearly one-fifth of the global surgical lights market revenue in 2018, and is anticipated to maintain the lion’s share from 2019 to 2026. In addition, the same segment is expected to grow at the fastest CAGR of 5.3% throughout the forecast period.The increased incidence of cardiovascular disorders and surge in surgical procedures for their treatment have fueled the growth of the segment.The market also analyses segments including gynecological surgery, neurosurgery, and ENT surgery.
North America to maintain its top status in terms of revenue-
Based on geography, North America held the major share in 2018, garnering more than one-third of the global surgical lights market, owing to rise in prevalence of disorders such as cardiac diseases and gynecological diseases, among others. At the same time, the Asia-Pacific region would register the fastest CAGR of 5.3% during the study period. This is due surge in demand for healthcare infrastructure, rise in number of hospitals in emerging countries, increase in healthcare reforms, and increase in technological advancements in the field of healthcare.
The halogen segment to lead the trail till 2026-
Based on type, the halogen segment accounted for more than half of the global surgical lights market share in 2018, and is expected to rule the roost by the end of 2026. This is due to its wide usage in the hospital and ambulatory settings. On the other hand, the LED segment is projected to register the fastest CAGR of 4.6% during 2019–2026.
Surgical lights Market Regional Analysis:
North America (Canada, Mexico)
Europe (Germany, France, Italy, Spain)
Asia-Pacific (Japan, China, India, Australia)
LAMEA (Brazil, Saudi Arabia, South Africa)
This report covers all the essential information required to understand the key developments in the Surgical lights Market and growth trends of each segment and region. It also includes a basic overview and revenue and strategic analysis under the company profile section.
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