In a recent published report, Kenneth Research has updated the market report for Surgical Lamp Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Surgical Lamp Market products.
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Global Surgical Lamp Market is estimated to reach $859 billion by 2024, growing at a CAGR of 4.5% from 2016 to 2024. Surgical lamps, also called as operating lamp or surgical light head, is used for providing visible illumination to the surgical field of the patient. These devices are generally used by doctors, surgeons and dentists for performing surgical technique including neurosurgery, endoscopic surgery, optical surgery, and dental surgery, among others, aimed at higher performance and greater success rate. Surgical lamps with high-quality functionals are used to deliver excellent shadow control, deep cavity-illumination and natural color rendition. They also aid in providing best possible patient outcomes.
Improving healthcare facilities, innovative technological advancements, and increasing number of surgeries are driving the growth of the global surgical lamp market. Moreover, increasing need for advanced applications of cost-saving surgical light lamp also boosts the growth of the market. Additionally, growing investments on R&D for advancements in surgical procedure and government initiative for implementing of energy-efficient surgical lamps would offer several growth opportunities. Though, high costs of CFL and LED lamps and complications associated with CFLs would hamper the adoption among end-users.
The global surgical lamp market is categorized into type of light, product type, technology, and geography. By type of light, the market is bifurcated into homogenous light, special germicidal ultraviolet ray, colour rendition light, vein light, and others. Furthermore, product type is categorized into ceiling mount surgical lamp, dental light lamp, surgical headlight lamp, laser light, and others. Technology segment is sub-segmented into CFL surgical lamps, LED surgical lamps, and halogen surgical lamps.
By geography the surgical lamp market has been categorized into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S., Canada and Mexico are covered under North America wherein Europe covers Germany, U.K., France, Italy and others. Asia-Pacific covers India, Japan, China and others. Rest of the World (RoW) covers South America, Middle East and Africa.
Key companies operating in the global surgical lamp market comprise A-dec, Inc., Welch Allyn, Steris Corporation, DRE INC., Integra LifeSciences Corporation, Stryker Corporation, Skytron, Waldmann GmbH & Co. KG, KLS Martin Group, Koninklijke Philips N.V., and Herbert, among others.
The key takeaways from the report:
The report will provide detailed analysis of Surgical Lamp Market with respect to major segments such as type of light, product type, technology, and geography. The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024. Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report. An exhaustive regional analysis of Surgical Lamp Market has been included in the report.
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Profile of the key players of the Surgical Lamp Market will be provided, which include key financials, product & services, new developments and business strategies.
Scope of Global Surgical Lamp Market:
Type of Light Segments
Homogenous Light
Special Germicidal Ultraviolet Ray
Colour Rendition Light
Vein Light
Other Lights
Product Type Segments
Ceiling Mount Surgical Lamp
Dental Light Lamp
Surgical Headlight Lamp
Laser Light
Other Lights
Technology Segments
CFL Surgical Lamps
LED Surgical Lamps
Halogen Surgical Lamps
Geography Segments
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Italy
Others
Asia-Pacific
India
Japan
China
Others
RoW
South America
Middle East
Africa
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