Surgical Lights Market Projection By Trends, Size, Share, Statistics, Applications, Major key players, Growth, Revenue, CAGR, Regional Analysis Industry Forecast 2021 To 2027 is latest report published on “Global Surgical Lights Market” by Fortune Business Insights. The global Surgical Lights market size was USD 596.9 million in 2019. The global impact of COVID-19 pandemic has been unprecedented and staggering, with Surgical Lights witnessing a positive demand across all regions amid the pandemic. Based on our analysis, the global Surgical Lights market size is projected to reach USD 852.8 million by the end of 2027. The increasing IT sector and rapid industrialization across the globe will emerge in favor of market growth.
Key Industry Developments:
- May 2017 – An exclusive distribution agreement was signed between Merivaara Oy and Bender UK for the distribution of Merivaara Q Flow surgical lights in the nation
- January 2019 – The launch of the new Maquet Power LED II was announced by Getinge AB at the Arab Health, held in Dubai. This new launch is anticipated to strengthen the surgical lights portfolio of the company.
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Advent of LED Lights in Market to Propel Market Growth
Surgical lights are medical devices located at the center-stage of the surgical suites and procedure rooms. These devices provide illumination during operations and other surgical procedures for optimum visualization to medical attendees and doctors at hospitals. Surgical lights have various beneficial properties such as pure white light, shadow-less illumination, and negligible heating over long periods of time, which helps to increase its demand in the market. As per current surgical lights market trends, the LED lights segment is dominating the market owing to their better illumination properties.
The Surgical Lights Market report offers an in-depth analysis of the Surgical Lights industry and the demand drivers by highlighting information on several aspects of the market. Prudent Markets addresses all these aspects and provides the latest scoop and detailed eye-opening study on all major & emerging business segments. In addition to this, the report sheds light on the industry developments by key players, which are contributing to the expansion of this industry. The development scope, feasibility study, Surgical Lights market concentration, and maturity analysis is elaborated in this report.
What are the key segments in this market?
- By product type
- By End User/Applications
- By Technology
- By Region
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Asia Pacific to Register High Growth Rate on Account of Increasing Healthcare Infrastructure and Improving Medical Facilities
On a geographical note, North America is expected to register substantial growth in the global operating lights market owing to the increasing number of surgical procedures. In 2018, North America generated a revenue of USD 178.2 million on account of the consolidation of hospital and healthcare infrastructure in developed nations such as Canada and the U.S. Additionally, the rise in number of acute and chronic diseases, coupled with the increasing number of surgical procedures for treating such diseases is boosting the regional market for surgical lights.
On the other side, the market in Europe may face rough waters on account of the decreasing number of hospital setups in nations such as Italy, Germany, and France. The Asia Pacific market is likely to witness a high growth rate on account of the increasing number of medical infrastructure setups and the advent of better medical technologies for treatment procedures. Besides this, the market in the Middle East and Africa and Latin America are considered to witness remarkable growth in the coming years on account of the advent of advanced technology in medical facilities.
Surgical Lights Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market
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Table Of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Key Insights
- Merger, Acquisitions, and Partnerships
- Growth and Penetration Analysis
- Porter’s Five Forces Analysis
- PEST Analysis
- Technological Developments in Surgical Lights
- Covid-19 Impact Analysis
Continued…
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