Portable OT Light Market

Portable OT Light Market: Global Industry Analysis 2013 - 2017 and Opportunity Assessment; 2018 - 2028

Market Overview

Revolution of Portable OT Lights

The advancements in technology revolutionized the portable OT lights by combining optical illumination with a sophisticated electronic management of the LEDs. Portable OT lights function with constant colour lightening level, electronic focus adjustment and automatic preventive maintenance. The temperature and light intensity of the portable OT lights remain constant for the entire lifespan of the OT light. It is managed by configuring control of LEDs with the electronic field. Focusing systems of portable OT lights adjust diameter of the light electronically to provide uniform light. Microprocessors are incorporated with portable OT lights to provide integrated preventive maintenance over their lifespan. Recent advancements of technology led to development of wireless communication technology. It allows total integration of portable OT lights with systems operated by compatible hospitals suites.

Advantages over the Conventional Lamps

Portable OT Lights are used to illuminate the surgical site for visualization of low contrast and small objects optimally at varying depths in body cavities and incisions. The demand for potable OT lights are rising due to outstanding performance and energy efficiency, when compared to the conventional lamps. The portable OT lights have a wide range of advantages over conventional lamps such as technological advancements, low heat generation, flexibility with wide range of settings, minimal power consumption and economic. The portable OT lights work on the principle of optical independence of each module to disperse the light. Accordingly, each petal of the portable OT light diffuses a light spot which is superimposed on the field generated by the other petals of the operation theatre light. Consequently, even when head blocks the light field of the portable OT light, there is no shadow appearance at the spot of circumference. Portable OT lights are used for better differentiation of smaller objects and visualization. In most of the cases, portable OT lights are provided with multicolor LEDs that help to adjust the color temperature. Portable OT lights are mostly provided with maneuverability, castors, anti-static are easy to move with low inertia.

Portable OT Light Market Assessment by End User

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Factor Driving the Growth of the Portable OT Lights Market

The global market for portable OT lights is driven by increasing number of surgical procedures performed over the globe. According to the National Center for Health Statistics, 48 million surgical inpatient procedures were performed in the U.S. in 2009. There is continuous growth of operational procedures over the past few years owing to increasing number of medicinal providers, which boost the growth of the portable OT light market. According to the NHS, 4.7 million surgical admissions in between 2013 and 2014 have happened in England. Rising prevalence of trauma cases along with orthopedic cases drive the demand for surgeries and indirectly boost the growth of the portable OT light market. The demand for portable OT lights is driven by unique advantages over the conventional lights and high compliance among the end users.

Portable OT Light in Ambulatory Surgical Centers

Significant portion of the market has been covered by hospitals, clinics and ambulatory surgical centers. Hospitals and clinics collectively hold largest revenue share in the market, owing to higher adoption rate of portable OT lights. Besides, rising number of surgeries due to increasing trauma cases has strengthen the position of these segments in the overall market.

Regional Market Outlook

North America is one of the dominant regions in the global portable OT light market mainly due to high adoption rate. The U.S. in North America, particularly dominates due to the high penetration rate. Economic conditions in the APAC region are set to drive the portable OT lights market to new heights. Europe and APAC are the fast-growing regions due to growing awareness of the advantages of the portable OT lights. Growth in the Middle East and African region is considerably less when compared to the other regions. However, North America would maintain its position in the portable OT light market, though is it expected that emerging economies such India, China, and Brazil, to have the highest growth rates in the portable OT light market.

Competition Outlook

Examples of some of the players identified in the global portable OT Light market are Dr. Mach GmbH & Co. KG, Technomed India, Cognate India, Stryker Corporation, STERIS plc. MAQUET Holding B.V. & Co. KG., Simeon Medical, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Philips Lighting Holding B.V., Welch Allyn, etc. Majority of portable OT lights are available through e-commerce distribution channels. Portable OT Light products vary at regional level owing to variations in according with government regulations in that particular country. However, portable OT lights offers a global opportunity to its manufacturers, as these are more convenient than conventional lights.

Small-Scale Manufacturers/Providers

  • Technomed India
  • Cognate India

Medium-Scale Manufacturers/Providers

  • Dr. Mach GmbH & Co. KG
  • Simeon Medical
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
  • Philips Lighting Holding B.V.

Large-Scale Manufacturers/Providers

  • Stryker Corporation
  • STERIS plc.
  • MAQUET Holding B.V. & Co. KG.
  • Welch Allyn

Key data points covered in report

The report covers exhaustive analysis on:

  • Portable OT Light Market by end user and region
  • Regional level market analysis of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan & China, Japan, China and Middle East & Africa by, end user and country segments
  • Portable OT Light Market Dynamics & Opportunity Assessment
  • Historical Actual Market Size, 2013 - 2017
  • Portable OT Light Market Size & Forecast 2018-2028
  • Portable OT Light Agents Current Trends/Issues/Challenges
  • Competition & Companies involved

Research Methodology

The market sizing of portable OT lights will be done by the adoption data triangulation approach. Demand-side approach will be followed to assess the actual market size of portable OT lights. Secondary research is used at the initial phase to identify the feasibility of the target products/technology categories and its respective segments, product and service offerings, equipment installed base in end use facilities, adoption rate and future impact of new technologies. Additionally, penetration of the lamps among end users is tracked at a granular level to obtain the most accurate information. Each piece of information is eventually analysed during the entire research project which builds a strong base for the primary research information.

Primary research participants include demand-side respondents such as laboratory managers, procurement managers, research supervisors as well as key opinion leaders in addition to supply-side respondents such as equipment manufacturers, custom solution and service providers who provide valuable insights on trends, research application of products and technologies, purchasing patterns, services offered and associated pricing.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Market Segmentation

By End user

  • Hospitals
  • Diagnostics Laboratories
  • Academic & research Institutes
  • Outpatient Clinics

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan & China
  • Japan
  • China
  • Middle East & Africa

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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