Global surgical lights market was estimated at $2.71 billion in 2018, and is projected to garner $3.83 billion by 2026, registering a CAGR of 4.5% from 2019 to 2026.
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.
Key Findings of the Study:
- By type, the halogen segment accounted for the highest market share of 55% in 2018 and is anticipated to grow at the fastest rate during the forecast period.
- By region, North America was the major shareholder and accounted for the highest share of 36% in 2018.
- By application, gynecological surgery segment is expected to grow at a CAGR of 13.6% during the forecast period.
- By region, the Asia-Pacific segment is anticipated to grow at the fastest rate during the forecast period.
North America to maintain its top status in terms of revenue-
North America accounted for the majority of the market share in 2018, and is anticipated to continue this trend during the forecast period. In addition, it is generally perceived that the overall quality of medical services in North America is higher than in the rest of the world.
Leading players in the market-
Comprehensive competitive analysis and profiles of major market players such as Steris plc., A-dec Inc., BihlerMED, CV Medical, Skytron, Herbert Waldmann GmbH & Co., Getinge AB, Hill-Rom Services, and S.I.M.E.O.N. Medical GmbH & Co. KG are provided in this report.
Source:
0 Comments