Surgical Headlight Market Size, Share, Top Key Players, Growth, Trend and Foreca

Posted by Ajay Chandak on February 10th, 2021

Surgical Headlight Market Estimated to Reach USD 79.26 Billion by 2027

Growth of the healthcare sector over recent years, growing need for enhanced patient care, favorable healthcare regulatory policies implemented by the government boost the market growth.

Market Size – USD 47.50 Billion in 2019, Market Growth - CAGR of 5.7%, Market Trends – The increasing cardiac and neurovascular surgeries worldwide

The global Surgical Headlight Market is expected to be valued at USD 79.26 Billion in 2027 from USD 47.50 Billionin 2019, registering a CAGR of 5.7% through the forecast period.A surgical headlight is a portable light source worn by surgeons on their heads for enhanced illumination during surgical procedures. It is an additional source of light that can be mounted on the surgical loupes or protective eyeglass frames or strapped around the head. Surgical headlights offer shadow-free, stable illumination and are more useful than many other operating room light sources. Most of these devices run on rechargeable batteries. The LED surgical headlights are most widely used by surgeons, as the LED bulbs are longer lasting and more cost-effective than the other types.

Revenue from the global surgical headlight market is expected to register a significant growth rate over the projected timeline. The growing incidences of cardiac, neurological, and dental disorders, the increasing number of surgical procedures, technological advancements in surgical lighting systems, and a rise in demand for LED surgical headlights are the most vital parameters inducing the growth of the global surgical headlight market. The rising focus on improving surgical procedures’ efficiency and the convenient usage and portability of surgical headlights are other crucial factors triggering the global market growth. Besides, the rising emergence of state-of-the-art healthcare facilities around the world and the surging demand for advanced operating room infrastructure and equipment further bolster the market growth.

Key findings of the report:

•        Based on product type, the LED surgical lamps sub-segment held the largest revenue share of USD 37.05 Billion in 2018 and is foreseen to register the highest CAGR of 6.1% over the forecast period. The numerous advantages offered by these lights over CFL and halogen surgical lamps, such as enhanced illumination, extended life, and higher cost-efficiency, have propelled their demand significantly, thereby boosting this segment’s growth.
•        The ambulatory surgical centers end-user sub-segment is projected to retain the largest market share of 16.0% over the forecast period, registering the fastest 7.2% CAGR. The rising demand for surgical headlights across ambulatory surgical centers and the growing number of surgeries conducted at these centers for certain advantages, such as shorter stay, fuel the growth of this segment.
•        The Asia Pacific region is touted as the leading regional market for surgical headlights. The expanding healthcare infrastructure across the region, increasing cardiac and dental surgical procedures, a rise in the geriatric population, and the rising adoption of technologically upgraded surgical equipment are the major factors boosting the regional market growth. Hence, this market is poised to record the fastest CAGR of 6.2% over the forecast timeframe.
•        The renowned companies engaged in this industry include Enova Illumination, Welch Allyn, BFW, BRYTON, DRE Medical, Stryker, PeriOptix, Inc., Daray Medical, Sunoptic Technologies, and Cuda Surgical.
•        In January 2020, Enova Illumination, a leading manufacturer of high-powered surgical headlights, donated around ten of its Qubit LED surgical headlights to various hospitals across Puerto Rico following 6.4 and 5.9-magnitude earthquakes that led to a massive power outage in the island nation.

For the purpose of this report, the global surgical headlight market has been segmented in terms of product type, application, end-user, and region:

Product Type Outlook (Revenue, USD Billion; 2017-2027)

• CFL surgical lamps
• LED surgical lamps
• Halogen Surgical Lamps

Application Outlook (Revenue, USD Billion; 2017-2027)

• Neurosurgery
• Cardiac Surgery
• Gynecological Surgery
• ENT Surgery
• Others

End-user Outlook (Revenue, USD Billion; 2017-2027)

• Hospitals & Clinics
• Ambulatory Surgical Centers
• Others

Regional Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)

1.     North America
2.     Europe
3.     Asia Pacific
4.     Latin America
5.     Middle East & Africa

Table Of Content -
Chapter 1. Market Synopsis

    1.1. Market Definition

    1.2. Research Scope & Premise

    1.3. Methodology

    1.4. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2018-2027

Chapter 3. Indicative Metrics

Chapter 4. Market Segmentation & Impact Analysis

Continued……….

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