Significant rise in surgical procedures, and surge in technological developments in surgical lights drive the growth of the global surgical lights market. On the other hand, high cost of LED lights restrains the growth to some extent. However, various growth opportunities in emerging economies are expected to create a number of opportunities in the industry.
Surgical lights are used to provide optimum required lighting in surgical suites. These lights irradiate the surgical site for ideal visualization of small, low-contrast objects at variable depths in incisions and body cavities. Further, these lights are designed to operate for prolonged periods deprived of radiating excessive heat. Conventional lamps used as surgical lights are typically gas-filled luminous lamps comprehending a certain proportion of halogen in an inert gas with a pressure beyond 3 atmospheres (atm). Few gas-discharge xenon-halogen lamps release light by transient electric current through gas. In addition, LED surgical lights consist of pods or modules, which are essentially small semiconductors that emit a narrow spectrum of light when excited by an electrical circuit.
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By application, the cardiac surgery segment dominated the surgical lights market in 2018 and is anticipated to maintain its dominance during the forecast period. This is attributed to surge in incidence of cardiovascular disorder across the globe. For instance, according to Centre for Disease Control and Prevention (CDC), heart disease is the leading cause of death for men and women, in the U.S. One person dies every 37 seconds in the U.S. from cardiovascular disease and around 647,000 Americans die from heart disease each year.
North America to maintain its top status in terms of revenue-
Based on geography, North America held the major share in 2018, garnering more than one-third of the global surgical lights market, owing to rise in prevalence of disorders such as cardiac diseases and gynecological diseases, among others. At the same time, the Asia-Pacific region would register the fastest CAGR of 5.3% during the study period. This is due surge in demand for healthcare infrastructure, rise in number of hospitals in emerging countries, increase in healthcare reforms, and increase in technological advancements in the field of healthcare.
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Leading players in the market-
CV Medical Getinge AB A-dec Inc Herbert Waldmann GmbH & Co Hill-Rom Services BihlerMED S.I.M.E.O.N Medical GmbH & Co. KG Steris plc Skytron
