Global Medical Lighting Technologies Market was valued US$ 1.7 Bn in 2017 and is expected to reach US$ 2.68 Bn by 2026, at a CAGR of 5.85 % during a forecast period.
The medical lighting technologies provide optimal light, bright and shadow free high-intensity lighting during the surgical & medical examination procedures, for example, neurosurgery, dental surgery, endoscopic surgery, and optical surgery. Medical lighting technologies are used for the picturing of small and low gap objects inside the body cavity during the surgeries.
The demand for the medical lighting technologies market is rise owing to the infrastructural progress of multispecialty hospitals across countries, and growing investment in healthcare organizations through the government of various countries. Moreover, the increasing demand for better healthcare facilities, technological advancements are boosting the market growth.
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An alternative technology to medical lighting systems and new development in lighting technology are a lucrative opportunity for global medical lighting technologies market. However, a high cost of led lighting fixtures and lack of awareness regarding the latest lighting technologies & products are limiting the market growth.
The operating rooms constantly require specialized & technologically advanced lighting systems, as operating rooms play a major role in a successful surgical procedure. An examination light in the recovery room confirms that the patientâ€™s condition and controlled if the necessity arises.
LED is the largest and fastest-growing segment in medical lighting market owing to the high rendering index. LEDs are growing in popularity due to the durability nature & ability to provide more light with less heat. Moreover, LED lighting technologies are witnessing the important economic benefits in terms of energy saving, as it can reduce the 70% lighting expenses. LED is also used for the major progress in terms of patient recovery and reducing the chances of errors in the surgical outputs.
Asia-Pacific is witnessing the fastest growth during the forecast period due to an increasing number of surgeries in various countries such as China, and Japan. The growing demand for energy-efficient & cost-effective lamps is boosting the growth of medical lighting technologies market in Asia-Pacific. Moreover, an increasingly aging population and the rising occurrence of chronic diseases are also supporting the growth of the market in this region. In North America, the medical lighting systems market is growing owing to swelling numbers of surgeries & initiatives taken by various government associations for the execution of energy-efficient lighting in healthcare facilities. Moreover, advanced applications of cost-saving lighting are also increasing the growth of the market in the region.
The key players in the medical lighting technologies market are A-dec Inc., Acem SpA, Brandon Medical Co. Ltd., Burton Medical Products Corporation, Corporate Summary, Cree Inc., DRE Medical, Daray Medical, Dragerwerk AG & Co. KGaA, Eaton Corporation plc, Excelitas Technologies Corp., GE Healthcare, Getinge AB, Herbert Waldmann GmbH & Co. KG, Integra Lifesciences Holdings Corporation, KLS Martin Group, Kenall Manufacturing Co., Merivaara Corporation, Nuvo Surgical, Simeon Medical GmbH & Co. KG, Steris plc, Stryker Corporation, Surgiris, Trilux Medical GmbH & Co. KG, Trumpf Medical Systems GmbH + Co. KG, and Welch Allyn, Inc.
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Scope of Global Medical Lighting Technologies Market:
Global Medical Lighting Technologies Market, by Products:
Surgical lighting systems
Examination lighting systems
Global Medical Lighting Technologies Market, by Application:
Operating room & surgical suites
Intensive care units (ICU)
Global Medical Lighting Technologies Market, by Technology:
Fluorescent lighting technologies
Incandescent & halogen
Global Medical Lighting Technologies Market, by Region:
Middle East & Africa
Key Player Operating In the Global Medical Lighting Technologies Market:
Brandon Medical Co. Ltd.
Burton Medical Products Corporation
Dragerwerk AG & Co. KGaA
Eaton Corporation plc
Excelitas Technologies Corp.
Herbert Waldmann GmbH & Co. KG
Integra Lifesciences Holdings Corporation
KLS Martin Group
Kenall Manufacturing Co.
Simeon Medical GmbH & Co. KG
Trilux Medical GmbH & Co. KG
Trumpf Medical Systems GmbH + Co. KG
Welch Allyn, Inc.
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