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2020

Surgical lights Market

Surgical lights Market Size, Share, Competitive Landscape and Trend Analysis Report by Type and Application : Global Opportunity Analysis and Industry Forecast, 2019-2026

LS : Healthcare

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Author's: Kavita Joshi | Roshan Deshmukh
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The global surgical lights market size was valued at $2,717.5 million in 2018, and is expected to reach $3,838 million by 2026, registering a CAGR of 4.5% from 2019 to 2026. Surgical lights, often referred to as operating lights and are primarily used in hospital operating rooms and ambulatory surgery centers to provide high quality lighting for procedures. These lights find their application in the emergency rooms, labor & delivery rooms, examination rooms, and other places where the surgical procedures are performed. They are widely used by clinicians, surgeons, and other medical professionals. A surgical light illuminates the operative site on a patient for specific and clear visualization while performing the surgery. These lights are designed to operate for prolonged periods deprived of radiating excessive heat. A variety of lights are easily available to meet the needs of providing optimal visualization during surgery and procedures. Further, the configurations of surgical lighting include ceiling-mounted, wall-mounted, or on floor stand. Depending on the model, a surgical light may also be used in all three configurations.

Surgical Lights Market

Surge in number of hospitals, increased investment in operating room equipment, and increase in global geriatric population are the major factors that drive the surgical lights market growth. In addition, growth in regulatory approvals for different surgical lights propels the market growth. Further, rise in product availability, significant surge in demand for well-equipped surgical lights for better & enhanced visibility and accessibility of healthcare facilities, and improvement of healthcare infrastructure in the developed economies boost the growth of the surgical lights market. However, high cost of LED & CFL lights and implications caused from their vigorous usage are the factors anticipated to hamper the market growth. On the contrary, technological advancements in these lights and surge in awareness towards patient care are expected to create lucrative growth opportunities for the market expansion.

Global Surgical Lights Market Segmentation

The surgical lights market is segmented on the basis of type, application, and region. By type, the market is segmented into halogens and LED lights. Based on application, the market is divided into cardiac surgery, gynecological surgery, neurosurgery, ENT surgery, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Surgical lights Market
By Type
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LED segment is projected as one of the most lucrative segments.

Type segment review

By type, the halogen segment accounted for the majority of market share in 2018 and is expected to exhibit a prominent growth rate in the near future, owing to its easy and wide availability. In addition, halogen lighting has been considered as the gold standard for medical facilities and operating rooms.  However, LED lights segment is anticipated to grow at a fastest rate during the forecast period.

Surgical lights Market
By Application
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Cardiac Surgery is projected as one of the most lucrative segments.

Application segment review

By application, the cardiac surgery segment dominated the surgical lights market in 2018 and is anticipated to maintain its dominance during the forecast period. This is attributed to surge in incidence of cardiovascular disorders across the globe. For instance, according to Centre for Disease Control and Prevention (CDC), heart disease is the leading cause of death for men, women, in the U.S. One person dies every 37 seconds in the U.S. from cardiovascular disease and around 647,000 Americans die from heart disease each year.

North America accounted for the majority of the market share in 2018 and is anticipated to continue this trend during the forecast period. Further, North America dominates the global surgical lights market in terms of advanced technology and expertise in medical services. In addition, it is generally perceived that the overall quality of medical services in North America is higher than in the rest of the world. However, Asia-Pacific is anticipated to grow at the fastest rate during the forecast period. Its growth is supplemented by increase in demand for healthcare infrastructure, rise in the number of hospitals in emerging countries, increase in healthcare reforms, and technological advancements in the field of healthcare. In addition, India and China are anticipated to grow at the fastest CAGR during the forecast period, owing to presence of highest population base and surge in various disorders such as cardiac, neurological, ENT disorders, and others.

Comprehensive competitive analysis and profiles of major market players such as 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.

Surgical lights Market
By Region
2026
North America 
Europe
Asia-Pacific
LAMEA

Asia-Pacific region would exhibit the highest CAGR of 5.3% during 2019-2026.

Key Benefits for Stakeholders:

  • The surgical lights market share and analysis is based on a comprehensive analysis of key developments in the surgical lights industry.
  • The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the global surgical lights market.
  • The study provides an in-depth analysis of the market trends to elucidate the imminent investment pockets.
  • The global surgical lights market trends are studied from 2018 to 2026.
  • Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
  • The quantitative analysis of the global surgical lights market from 2019 to 2026 is provided to determine the market potential.

Surgical lights Market Report Highlights

Aspects Details
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By Type
  • Halogen
  • LED lights
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By Application
  • Cardiac Surgery
  • Gynecological Surgery
  • Neurosurgery
  • ENT Surgery
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Asia Pacific  (Japan, China, India, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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Key Market Players

S.I.M.E.O.N. Medical GmbH & Co. KG, Herbert Waldmann GmbH & Co. KG, A-Dec Inc, CV Medical, LLC, SKYTRON, LLC, STERIS PLC, BIHLER OF AMERICA (BihlerMED), Getinge AB, HILL-ROM HOLDINGS, INC., Koninklijke Philips N.V. (Philips)

Analyst Review

Surgical lights, such as halogens or LEDs, are a crucial part in an operating room, dental settings, and various other places. These lights serve the purpose of providing optimum light needed to focus and visualize the targeted area specifically. Moreover, effective illumination needs a balance of luminance, shadow management, volume, and temperature for maximizing the visibility at the surgical site accompanied with diminishing eye exhaustion.

The surgical lights market is anticipated to witness a steady growth in the future, owing to rise in prevalence of various disorders across the globe such as cardiac diseases, gynecological problems, dental problems, and various others. Further, surge in technological developments of surgical lights from halogens to advanced LED lights propels the market growth. However, high cost of these lights and implications caused from their vigorous usage are expected to hamper the market growth. On the contrary, continuous focus of the researchers toward the development of more advanced surgical lights is anticipated to create lucrative opportunities for the market growth during the forecast period. In addition, increase in number of hospitals and dental settings in developing economies contributes to the market growth.

Author Name(s) : Kavita Joshi | Roshan Deshmukh
Frequently Asked Questions?

The market vaule of global surgical lights market was $2,717.5 million in 2018.

The forecast period is from 2019 to 2026.

The market value of global surgical lights market in 2019 is $2,825.2 million.

The adoption of surgical lights is expected to increase due to considerable increase in surgical processes across the globe.

No, the report does not provides value chain analysis.

Introduction of LED lights to optimize and focus the intensity of light.

Emerging countries of Asia-Pacific region are growing at a growth% of 5.3%. China, Australia, are expected grow at a CAGR of 5.5% and 4.6% respectively.

The North America market held a major share in the surgical lights market in 2018 and is expected to continue the trend in the forecasting period.

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Surgical lights Market

Global Opportunity Analysis and Industry Forecast, 2019-2026