This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Minor Surgical Lights Market

Minor Surgical Lights Market By Product Type (Conventional Lights, LED Lights), Modality (Ceiling-mounted, Wall-mounted, Floor Stand), End User (Hospitals, Ambulatory Surgical Centers, Specialized Clinics) & Region - Forecast 2022-2032

Market Insights on Minor Surgical Lights covering sales outlook, demand forecast & up-to-date key trends

Minor Surgical Lights Market Overview

The minor surgical lights market is likely to register a CAGR of 4.5% during the forecast period, and is anticipated to reach a market share of US$ 5 Bn in 2032, from US$ 2.95 Bn in 2020, owing to the availability of different types of minor surgical lights according to the surgical procedure.

Attributes

Details

Minor Surgical Lights Market CAGR

4.5%

Minor Surgical Lights Market Size (2020)

US$ 2.95 Bn

Minor Surgical Lights Market Size (2032)

US$ 5 Bn

Minor surgical lights are also utilized to perform minor surgical procedures at specialized clinics and emergency rooms, which creates the demand for minor surgical lights in hospitals. Surgical light systems are usually made up of a number of different tiny surgical lights.

There are many different varieties of minor surgical lights on the market, which makes it more accessible and impacts positively on the sales of minor surgical lights. Each one serves a different purpose in terms of illumination.

Moreover, minor surgical lights have a lifespan of 40,000 to 60,000 hours of use. This element is boosting the minor surgical lights market. Owing to the increased frequency of lifestyle disorders that necessitate surgical intervention, the demand for minor surgical lights is likely to rise rapidly throughout the forecast period.

Furthermore, more than 350 million surgical procedures were conducted worldwide, according to the World Health Organization. Due to its lower cost than LED lights, the convention light segment is predicted to capture the largest revenue share by higher sales of the minor surgical lights.

Although LED lights consume less electricity and give brighter illumination, the LED light segment by product type sector is likely to gain more traction in the minor surgical lights market. In terms of revenue, the ceiling mounted and wall mounted segment is predicted to lead the minor surgical lights market share.

Customize this Report

Let us know your requirement to get
100% FREE customization

What are the Key Factors Responsible for the Growth of the Minor Surgical Lights Market?

The growing number of surgical procedures around the world is fueling the demand for the minor surgical lights. The availability of various types of minor surgical lights based on surgical procedure is also increasing sales of minor surgical lights.

Furthermore, technical advancements in the realm of electronic equipment, such as the introduction of LED lights, may propel the minor surgical lights market share to efficient growth throughout the forecast period.

Moreover, the expansion of the minor surgical lights market is being fueled by an increase in per capita healthcare expenditure and disposable income in developing countries.

On the other hand, a shortage of funds among hospitals in low-income countries to purchase expensive surgical equipment may stifle the sales of minor surgical lights.

Sabyasachi Ghosh
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Which is the Leading Region in the Minor Surgical Lights Market?

Owing to the vast number of hospitals in India and China, Asia-Pacific is likely to be the key region, leading to the demand for minor surgical lights. In addition, the growing number of surgical interventions in these nations is fueling the sales of minor surgical lights.

Following Asia Pacific, Europe has the next largest minor surgical lights market share, owing to the increasing adoption of LED lights in this area. Due to the development in specialist clinics in the United States and Canada, North America is likely to gain significant traction in the sales of minor surgical lights.

Due to a shortage of funds for hospitals to purchase expensive surgical equipment, the demand for minor surgical lights in Latin America, the Middle East and Africa is predicted to grow slowly.

How Competition Impacts the Minor Surgical Lights Market?

Aeonmed, Bovie Medical Corporation, Amico Group of Companies, Hill-Rom, Inc. Koninklijke Philips N.V., NUVO, SKYTRON, STERIS plc, MAQUET Holding B.V. & Co. KG, Stryker Corporation and others are some of the major key players in the minor surgical lights market, holding an adequate minor surgical lights market share.

The research outlined the top manufacturers and their plans for increasing sales of minor surgical lights, while accounting for all relevant considerations. The study includes a demand analysis, as well as the methods that manufacturers use to capitalize on opportunities in the minor surgical lights market.

It also includes estimates based on a set of reasonable assumptions and procedures, which contributes to the demand for minor surgical lights. The research report analyses and provides data for market segments such as purity, shape, grade, and end-use.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Report Scope

Report Attribute

Details

Growth rate

CAGR of 4.5% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 - 2020

Forecast period

2022 - 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis

Segments covered

Product type, modality, end user, application, region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

Aeonmed, Amico Group of Companies, Bovie Medical Corporation, Hill-Rom, Inc. Koninklijke Philips N.V., MAQUET Holding B.V. & Co. KG., NUVO, SKYTRON, STERIS plc., Stryker Corporation and others.

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs.

Frequently Asked Questions

The minor surgical lights market is anticipated to register a CAGR of 4.5% during the forecast period.

The minor surgical lights market share is anticipated to reach US$ 5 Bn in 2032.

Demand for minor surgical lights is likely to rise, owing to the availability of different types of minor surgical lights according to the surgical procedure.

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Sabyasachi Ghosh
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst
List of Charts

NA

Need specific information?

Request Customization

Explore Healthcare Insights

View Reports
Google translate

Minor Surgical Lights Market