Global Minor Surgical Lights Market 2023 By Type, Share, Growth, Trends And Forecast To 2029| Report By Introspective Market Research

PRESS RELEASE
Published February 10, 2023

 

Market Overview:

Minor Surgical Lights Market Is Expected to Grow at A Significant Growth Rate, And the Analysis Period Is 2022-2028, Considering the Base Year As 2021.

Minor surgical lights also known as surgical headlight or operating light are the medical devices that are used to assist the healthcare professionals during the surgery by illuminating the operative site of the patient. These lights are used in hospital operation theaters and ambulatory centers. A combination of a variety of minor surgical lights are known as surgical light systems. These lights are also used in specialty clinics and emergency rooms to perform different type of surgical procedures. There are different types of minor surgical lights and each light has its own use. The life of a minor surgical light ranges from 40,000 to 60,000 hours of use.

The Report Will Include A Major Chapter

  • Patent Analysis
  • Regulatory Framework
  • Technology Roadmap
  • BCG Matrix
  • Heat Map Analysis
  • Price Trend Analysis

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Market Dynamics and Factors:        

The increasing number of road accident cases along with increasing surgical procedures and increasing prevalence of lifestyle diseases such as diabetes, asthma, stroke, heart disease, and, others, the demand for surgical intervention increases and to carry out surgical procedures, minor surgical lights are required which is the main driving factor of the market growth. Additionally, the increasing geriatric population that required surgeries to improve quality of life boosts the minor surgical lights market. Increased awareness regarding patient care and in a developed region like North America, the rising healthcare infrastructure is excepted to increase market share.

The major market players are investing in the research & development of technologically sophisticated goods, which will enhance the use of minor surgical light products in both developed and developing nations. The rising number of hospitals and healthcare infrastructure is also anticipated to create growth opportunities for market expansion.

Minor Surgical Lights Market Report Highlight:

  • By product type, the convention lights are expected to gain more revenue share attributing to its low cost as compared to the LED lights, the LED lights segment is expected to gain more market share owing to consumption of less electricity and brighter illumination. LEDs can be extremely small, durable, reliable and have a much higher bulb-life rate than conventional lighting. The light output of LEDs is determined by the current through the semiconductor and its temperature and when using the maximum current recommended by the manufacturer, LEDs can have a long life of up to 60,000 hours.
  • By end use, the market is dominated by hospitals,are mainly used in hospital operating rooms and ambulatory surgery centers, but can also be used in various locations throughout the facility to provide high quality lighting for procedures.  Examples include emergency rooms, labor and delivery, examination rooms, and anywhere where procedures are completed. They are used by physicians, surgeons and procedure lists.
  • North America is expected to grow significantly attributing to rise in incorporation of specialty clinics, growth of medical device sector, increasing number of specialty care services and rapid development of healthcare technology.

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Major Key Players for Minor Surgical Lights Market:

  • Koninklijke Philips N.V.(Europe)
  • Stryker Corporation (United States)
  • Hill-Rom Inc. (United States)
  • Getinge AB(Europe)
  • Skytron LLC (United States)
  • Aeonmed (China)
  • STERIS plc (Europe)
  • NUVO Surgical (United States)
  • Bovie Medical Corporation (United States)
  • INSPITAL Medical Technology GmbH (Europe)
  • NEXOR MEDICAL GMBH (Europe) and Other Major Players.

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Key Industry Development:

In January 2020, Gentex Company launched a groundbreaking lighting system for medical purposes that has been co-developed with Mayo Clinic. This latest surgical lighting solution addresses critical gaps in surgical lighting. The collaboration of a multinational, high-tech electronics corporation with a world leader in healthcare is anticipated to bring revolutionary changes in the industry.

In April 2020, Getinge AB announced that it has expanded its distribution of world-class surgical light technology, Maquet PowerLED II, in the U.S. market.

 Minor Surgical Lights Market Segmentation:

By Product Type

  • Conventional Lights
  • LED Lights

By End Users

  • Hospitals & Clinics
  • Ambulatory Surgical Centers, Others

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For this report, Introspective Market Research has segmented the Minor Surgical Lights Market based on region:

Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Turkey
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Vietnam
    • Thailand
    • Rest of Asia-Pacific
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Iran
    • Rest of MEA
  • Latin America
    • Brazil
    • Argentina
    • Rest of LATAM

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Scope of the Report:

The latest research on the Minor Surgical Lights Market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global Minor Surgical Lights Market industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Minor Surgical Lights Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

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