The global medical lighting technologies market is valued at US$ 8.21 billion in 2023 and is projected to reach US$ 16.15 billion by 2033. This is based on the fact that worldwide demand for medical lighting technologies is predicted to increase rapidly at a CAGR of 7% during the next 10 years. Medical lighting technologies, based on the product, are classified into surgical lighting systems, examination lighting systems, specialty lighting & accessories. Global demand for surgical lighting systems is expected to increase at a CAGR of 7.6% during the forecast period.
Surgical lighting systems, also known as surgical lights, are medical tools that support medical professionals during surgical procedures by lighting a patient’s cavities or specific areas nearby. Rapid improvements in healthcare systems are increasing the number of hospitals, which is further raising the adoption rate of cutting-edge LED surgical lights.
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What Drives Medical Lighting Technologies Market?
The growth of the Medical Lighting Technologies Market is driven by factors such as increasing prevalence of chronic diseases and the rising geriatric population, advancements in lighting technologies, increasing demand for minimally invasive and robotic surgeries, government initiatives to promote the use of advanced medical lighting technologies, and growing awareness among healthcare professionals regarding the importance of medical lighting. Additionally, the increasing demand for energy–efficient and cost–effective medical lighting products, rising healthcare expenditure, and increasing investments in research and development of medical lighting technologies are also driving the growth of the medical lighting technologies market.
Market Players:
- American Ultraviolet
- Atlantic Ultraviolet Corporation
- Boyd Industries, Inc.
- Dragerwerk AG & Co. KGaA
- Eschmann Equipment
- GE Lighting; Getinge AB (Getinge Group)
- GF Health Products, Inc.
- Hach Company
- Heraeus Holding GmbH
- Hill-Rom Holdings, Inc.
- Integra LifeSciences Holdings Corporation
- KaVo Dental GmbH
- Lumenis Ltd.
- Midmark Corporation
- Narang Medical Ltd.
- Natus Medical, Inc.
- STERIS Corporation
- Stryker Corporation
- TRUMPF Medical Systems, Inc.
- United Surgical Industries
- Ushio America, Inc.
- Welch Allyn, Inc.
What are impelling reasons for buying this report?
- Global Medical Lighting Technologies Market prognosis for the present and the future in both developed and developing markets
- Both the market segment with the largest projected share and the market segment with the highest CAGR throughout the projection period
- Countries and regions anticipated to experience the fastest development throughout the projected period
- The most recent innovations, market shares, and tactics used by the leading market players
- The report contains all of the segmentation seen above across all of the nations indicated.
Segments of Medical Lighting Technologies Industry Research
- By Product :
- Surgical Lighting Systems
- Examination Lighting Systems
- Specialty Lighting & Accessories
- By Technology :
- Fluorescent
- LED
- Incandescent
- Halogen
- By Application :
- Operating Room & Surgical Suites
- Examination Rooms, Intensive Care Units (ICUs)
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
The study further identifies major manufacturing trends, technologies that will be commercialized
- Key manufacturing trends in end-use industries;
- New technologies used in a variety of application areas
- Key manufacturing trends in end-use industries
- New technologies used in a variety of application areas; Major economic shocks, such as the recent COVID-19 pandemic
- Country markets that will emerge as hotbeds of opportunity;
- Regulatory frameworks that will shape the strategies of key players in key regions in the Medical Lighting Technologies Chemicals market
- Key technological trends and the likely rate of commercialization of novel technologies in key industries and allied industries
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