Global Surgical Lights Market by End User (Hospital Operating Rooms, Ambulatory Surgery Centers), by Technology (Halogen, LED), by Application (Gynecological, Cardiac) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
Summary of the Report
Global surgical light market was valued at USD 1.5 billion in 2018. It is expected to grow at a CAGR 4.6% during the forecast period. Growth is being driven by the increase in hospitals and aging population as well as the prevalence of lifestyle diseases. The market will continue to grow if there is a better healthcare infrastructure.
The demand for surgical lamps will rise due to a rising number of operating room equipment approvals and a growing focus on providing better patient care in different facilities. The market for surgical lights is expected to grow due to factors such as increasing product availability, high demand from surgeons and healthcare professionals for well-equipped operating room, and accessibility to healthcare facilities in emerging economies.
The major drivers of growth in the surgical lights market are the growing number of hospitals in developing nations and the acceptance of advanced LED surgical light. According to data from the India Brand Equity Foundation, (IBEF), India's tier-1 hospitals accounted for 40% of all Indian hospitals. This figure is expected to continue growing due to both public and private funding, favorable government policies such as the exemption of taxes and duties on imported medical systems, and the subsidized rates that are available for hospital establishments. This will likely increase the demand for high-quality LED surgical lights in India.
The market is also driven by initiatives taken by the Indian government and Chinese governments to improve healthcare. Subsidies to organizations for investment in medical facilities and increased investments in healthcare institutions are some of the key factors driving growth. The market growth may be slowed by the high cost of installing advanced LED lights, and a lack of knowledge about these new installations.
Technology Insights
The market can be divided into LED and halogen lights based on technology. Because of their widespread and easy availability, halogen lights dominated the market at 55.7% in 2018. However, LED lights will be expected to grow at 6.8% CAGR over the forecast period. This is due to increased awareness and incentive programs to encourage large healthcare facilities to invest LED lighting, as well as rising efforts to improve patient experience. The market is expected to grow rapidly due to the increasing popularity of medical tourism in developing countries.
Application Insights
The market for surgical light is divided by application into gynecological, neurosurgery and ENT surgery. In 2018, the market share for the other segment was 76.8%. Due to increasing incidence of heart disease, the segment of cardiac surgery is expected to grow at 6.2% per year. According to data from the World Health Organization (WHO), 37% of premature deaths worldwide are due to Cardiovascular Diseases (CVDs).
Due to an increasing number of C-sections performed worldwide, gynecological surgery is second in market share. The Centers for Disease Control and Prevention reported that in 2017, 1,232.339 C-sections were performed in the United States. This is due to the increasing prevalence of female reproductive disorders.
End-Use Information
The market can be divided by end-use into hospital operating rooms (ASC), and ambulance Surgical Centers. The largest market share for the future is expected to be held by the hospital operating rooms segment due to the growing number of hospitals around the globe that are well-equipped. This is expected to be driven by hospitals' increasing interest in upgrading their Operation Rooms (ORs). The growth is also expected to be driven by the rising demand for hybrid and advanced ORs, and increased infrastructure investments for better treatment.
The fastest growing segment of ambulatory surgical centers is 5.8%. This forecast period will see a significant increase in their growth. This is due to the demand for outpatient surgical centers that provide better healthcare, affordable treatment and early discharge than hospitals.
Market Share in Surgical Lights
STERIS plc, A-dec Inc., BihlerMED and CV Medical; SKYTRON. Herbert Waldmann GmbH & Co. KG. Getinge AB. Hill-Rom Services. S.I.M.E.O.N. Integra LifeSciences Corporation and Medical GmbH & Co. KG. These companies focus on various growth strategies such as mergers and acquisitions, partnerships, product portfolio expansion, and other options.
BihlerMED, an industry leader in surgical lights recently launched SurgiLight, a next-generation surgical lighting solution. This product offers enhanced illumination and is an alternative for overhead and headlamps.
Market Report Scope for Surgical Lights
Report Attribute |
More Details |
2020 market size |
USD 1.6 Billion |
2026 revenue forecast |
USD 2.2 Billion |
Growth Rate |
CAGR of 4.6% between 2019 and 2026 |
Base year for estimation |
2018 |
Historical data |
2015 - 2017 |
Forecast period |
2019 - 2026 |
Quantitative units |
Volume in '000 units, Revenue in USD millions and CAGR between 2019-2026 |
Report coverage |
Forecast revenue, company share, competitive landscape and growth factors and trends |
Segments covered |
Technology, Application, End-Use, Region |
Regional scope |
North America; Europe, Asia Pacific; Latin America. Middle East & Africa |
Country coverage |
U.S.; Canada; U.K.; Germany; Italy; Spain; France; China; India; Japan; Australia; South Korea; Brazil; Mexico; Argentina; South Africa; Saudi Arabia; UAE |
Key companies profiled |
STERIS plc; A-dec Inc.; BihlerMED; CV Medical; SKYTRON; Herbert Waldmann GmbH & Co. KG; Getinge AB; Hill-Rom Services; S.I.M.E.O.N. Medical GmbH & Co. KG, Integra LifeSciences Corporation |
The scope of customization |
With purchase, you get free report customization (equivalent to up to 8 analysts working day) You can add or modify country, region and segment scope. |
Prices and purchase options |
You can get customized purchase options that meet your research needs. Explore your purchase options |
The Report Covers Certain Segments
This report predicts revenue growth at the global, regional and country level and offers an analysis of industry trends for each sub-segment from 2015 to 2026. Grand View Research has divided the global surgical light market report by technology, region, end-use and application.
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Technology (Revenue USD Million, 2015-2026)
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LED Lights
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Halogen Lights
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Application (Revenue USD Million, 2015-2026)
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Cardiac Surgery
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Neurosurgery
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Gynecological Surgery
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ENT Surgery
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Other
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End-Use Outlook, Revenue, USD Million, 2015-2026
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Hospital Operating Rooms
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Ambulatory Surgical Centers
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Other
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Regional Outlook (Revenue USD Million, 2015-2026)
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North America
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The U.S.
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Canada
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Europe
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U.K.
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Germany
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Spain
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Italy
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France
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E
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Asia Pacific
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China
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India
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Japan
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Australia
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South Korea
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APAC
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Latin America
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Brazil
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Mexico
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Argentina
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RoLATAM
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Middle East & Africa
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South Africa
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Saudi Arabia
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UAE
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RoMEA
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These are the most frequently asked questions about this report
What is the market size for surgical lights?b. Global surgical lights market was valued at USD 1.6 million in 2019, and is forecast to grow to USD 1.6 miliarde in 2020.
How is the market for surgical lights growing?b. Global surgical lights market will grow at a compound annual rate of 4.6% between 2019 and 2026, to reach USD 2.25 billion by 2026.
Which segment had the largest market share for surgical lights?b. With a 38.6% share in 2018, North America dominated surgical lights markets. This can be attributed to the rising number of ambulatory surgical centres for outpatient surgery procedures and the growing trend towards hybrid operating rooms in America.
What are the major players in the surgical lights market?b. b. Integra LifeSciences Corporation and Medical GmbH & Co. KG.
What are the driving factors for the surgical lights marketb. Market growth is being driven by a rise in hospitals and an aging population.
Up Market Research published a new report titled “Surgical Lights Market research report which is segmented by End User (Hospital Operating Rooms, Ambulatory Surgery Centers), by Technology (Halogen, LED), by Application (Gynecological, Cardiac), By Players/Companies STERIS plc; A-dec Inc; BihlerMED; CV Medical; SKYTRON; Herbert Waldmann GmbH & Co KG; Getinge AB; Hill-Rom Services; SIMEON Medical GmbH & Co KG; and Integra LifeSciences Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | Surgical Lights Market Research Report |
By End User | Hospital Operating Rooms, Ambulatory Surgery Centers |
By Technology | Halogen, LED |
By Application | Gynecological, Cardiac |
By Companies | STERIS plc; A-dec Inc; BihlerMED; CV Medical; SKYTRON; Herbert Waldmann GmbH & Co KG; Getinge AB; Hill-Rom Services; SIMEON Medical GmbH & Co KG; and Integra LifeSciences Corporation |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 213 |
Number of Tables & Figures | 150 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Surgical Lights Market Report Segments:
The market is segmented by End User (Hospital Operating Rooms, Ambulatory Surgery Centers), by Technology (Halogen, LED), by Application (Gynecological, Cardiac).
Surgical Lights Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Surgical Lights Market
Overview of the regional outlook of the Surgical Lights Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Surgical Lights Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Surgical Lights Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
1. Hospital Operating Rooms
2. Ambulatory Surgery Centers
7. By Technology:1. Halogen
2. LED
8. By Application:1. Gynecological
2. Cardiac
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Surgical Lights Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Surgical Lights Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Surgical Lights Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Surgical Lights Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Surgical Lights Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Surgical Lights Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Surgical Lights Market Size & Forecast, 2018-2028
4.5.1 Surgical Lights Market Size and Y-o-Y Growth
4.5.2 Surgical Lights Market Absolute $ Opportunity
Chapter 5 Global Surgical Lights Market Analysis and Forecast by End User
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by End User
5.1.2 Basis Point Share (BPS) Analysis by End User
5.1.3 Absolute $ Opportunity Assessment by End User
5.2 Surgical Lights Market Size Forecast by End User
5.2.1 Hospital Operating Rooms
5.2.2 Ambulatory Surgery Centers
5.3 Market Attractiveness Analysis by End User
Chapter 6 Global Surgical Lights Market Analysis and Forecast by Technology
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Technology
6.1.2 Basis Point Share (BPS) Analysis by Technology
6.1.3 Absolute $ Opportunity Assessment by Technology
6.2 Surgical Lights Market Size Forecast by Technology
6.2.1 Halogen
6.2.2 LED
6.3 Market Attractiveness Analysis by Technology
Chapter 7 Global Surgical Lights Market Analysis and Forecast by Application
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Application
7.1.2 Basis Point Share (BPS) Analysis by Application
7.1.3 Absolute $ Opportunity Assessment by Application
7.2 Surgical Lights Market Size Forecast by Application
7.2.1 Gynecological
7.2.2 Cardiac
7.3 Market Attractiveness Analysis by Application
Chapter 8 Global Surgical Lights Market Analysis and Forecast by Region
8.1 Introduction
8.1.1 Key Market Trends & Growth Opportunities by Region
8.1.2 Basis Point Share (BPS) Analysis by Region
8.1.3 Absolute $ Opportunity Assessment by Region
8.2 Surgical Lights Market Size Forecast by Region
8.2.1 North America
8.2.2 Europe
8.2.3 Asia Pacific
8.2.4 Latin America
8.2.5 Middle East & Africa (MEA)
8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
9.1 Introduction
9.2 Current & Future Impact Analysis
9.3 Economic Impact Analysis
9.4 Government Policies
9.5 Investment Scenario
Chapter 10 North America Surgical Lights Analysis and Forecast
10.1 Introduction
10.2 North America Surgical Lights Market Size Forecast by Country
10.2.1 U.S.
10.2.2 Canada
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 North America Surgical Lights Market Size Forecast by End User
10.6.1 Hospital Operating Rooms
10.6.2 Ambulatory Surgery Centers
10.7 Basis Point Share (BPS) Analysis by End User
10.8 Absolute $ Opportunity Assessment by End User
10.9 Market Attractiveness Analysis by End User
10.10 North America Surgical Lights Market Size Forecast by Technology
10.10.1 Halogen
10.10.2 LED
10.11 Basis Point Share (BPS) Analysis by Technology
10.12 Absolute $ Opportunity Assessment by Technology
10.13 Market Attractiveness Analysis by Technology
10.14 North America Surgical Lights Market Size Forecast by Application
10.14.1 Gynecological
10.14.2 Cardiac
10.15 Basis Point Share (BPS) Analysis by Application
10.16 Absolute $ Opportunity Assessment by Application
10.17 Market Attractiveness Analysis by Application
Chapter 11 Europe Surgical Lights Analysis and Forecast
11.1 Introduction
11.2 Europe Surgical Lights Market Size Forecast by Country
11.2.1 Germany
11.2.2 France
11.2.3 Italy
11.2.4 U.K.
11.2.5 Spain
11.2.6 Russia
11.2.7 Rest of Europe
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Europe Surgical Lights Market Size Forecast by End User
11.6.1 Hospital Operating Rooms
11.6.2 Ambulatory Surgery Centers
11.7 Basis Point Share (BPS) Analysis by End User
11.8 Absolute $ Opportunity Assessment by End User
11.9 Market Attractiveness Analysis by End User
11.10 Europe Surgical Lights Market Size Forecast by Technology
11.10.1 Halogen
11.10.2 LED
11.11 Basis Point Share (BPS) Analysis by Technology
11.12 Absolute $ Opportunity Assessment by Technology
11.13 Market Attractiveness Analysis by Technology
11.14 Europe Surgical Lights Market Size Forecast by Application
11.14.1 Gynecological
11.14.2 Cardiac
11.15 Basis Point Share (BPS) Analysis by Application
11.16 Absolute $ Opportunity Assessment by Application
11.17 Market Attractiveness Analysis by Application
Chapter 12 Asia Pacific Surgical Lights Analysis and Forecast
12.1 Introduction
12.2 Asia Pacific Surgical Lights Market Size Forecast by Country
12.2.1 China
12.2.2 Japan
12.2.3 South Korea
12.2.4 India
12.2.5 Australia
12.2.6 South East Asia (SEA)
12.2.7 Rest of Asia Pacific (APAC)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Asia Pacific Surgical Lights Market Size Forecast by End User
12.6.1 Hospital Operating Rooms
12.6.2 Ambulatory Surgery Centers
12.7 Basis Point Share (BPS) Analysis by End User
12.8 Absolute $ Opportunity Assessment by End User
12.9 Market Attractiveness Analysis by End User
12.10 Asia Pacific Surgical Lights Market Size Forecast by Technology
12.10.1 Halogen
12.10.2 LED
12.11 Basis Point Share (BPS) Analysis by Technology
12.12 Absolute $ Opportunity Assessment by Technology
12.13 Market Attractiveness Analysis by Technology
12.14 Asia Pacific Surgical Lights Market Size Forecast by Application
12.14.1 Gynecological
12.14.2 Cardiac
12.15 Basis Point Share (BPS) Analysis by Application
12.16 Absolute $ Opportunity Assessment by Application
12.17 Market Attractiveness Analysis by Application
Chapter 13 Latin America Surgical Lights Analysis and Forecast
13.1 Introduction
13.2 Latin America Surgical Lights Market Size Forecast by Country
13.2.1 Brazil
13.2.2 Mexico
13.2.3 Rest of Latin America (LATAM)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Latin America Surgical Lights Market Size Forecast by End User
13.6.1 Hospital Operating Rooms
13.6.2 Ambulatory Surgery Centers
13.7 Basis Point Share (BPS) Analysis by End User
13.8 Absolute $ Opportunity Assessment by End User
13.9 Market Attractiveness Analysis by End User
13.10 Latin America Surgical Lights Market Size Forecast by Technology
13.10.1 Halogen
13.10.2 LED
13.11 Basis Point Share (BPS) Analysis by Technology
13.12 Absolute $ Opportunity Assessment by Technology
13.13 Market Attractiveness Analysis by Technology
13.14 Latin America Surgical Lights Market Size Forecast by Application
13.14.1 Gynecological
13.14.2 Cardiac
13.15 Basis Point Share (BPS) Analysis by Application
13.16 Absolute $ Opportunity Assessment by Application
13.17 Market Attractiveness Analysis by Application
Chapter 14 Middle East & Africa (MEA) Surgical Lights Analysis and Forecast
14.1 Introduction
14.2 Middle East & Africa (MEA) Surgical Lights Market Size Forecast by Country
14.2.1 Saudi Arabia
14.2.2 South Africa
14.2.3 UAE
14.2.4 Rest of Middle East & Africa (MEA)
14.3 Basis Point Share (BPS) Analysis by Country
14.4 Absolute $ Opportunity Assessment by Country
14.5 Market Attractiveness Analysis by Country
14.6 Middle East & Africa (MEA) Surgical Lights Market Size Forecast by End User
14.6.1 Hospital Operating Rooms
14.6.2 Ambulatory Surgery Centers
14.7 Basis Point Share (BPS) Analysis by End User
14.8 Absolute $ Opportunity Assessment by End User
14.9 Market Attractiveness Analysis by End User
14.10 Middle East & Africa (MEA) Surgical Lights Market Size Forecast by Technology
14.10.1 Halogen
14.10.2 LED
14.11 Basis Point Share (BPS) Analysis by Technology
14.12 Absolute $ Opportunity Assessment by Technology
14.13 Market Attractiveness Analysis by Technology
14.14 Middle East & Africa (MEA) Surgical Lights Market Size Forecast by Application
14.14.1 Gynecological
14.14.2 Cardiac
14.15 Basis Point Share (BPS) Analysis by Application
14.16 Absolute $ Opportunity Assessment by Application
14.17 Market Attractiveness Analysis by Application
Chapter 15 Competition Landscape
15.1 Surgical Lights Market: Competitive Dashboard
15.2 Global Surgical Lights Market: Market Share Analysis, 2019
15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
15.3.1 STERIS plc; A-dec Inc; BihlerMED; CV Medical; SKYTRON; Herbert Waldmann GmbH & Co KG; Getinge AB; Hill-Rom Services; SIMEON Medical GmbH & Co KG; and Integra LifeSciences Corporation