Minor Surgical Lights Market to Expand with Significant CAGR During 2019-2029

Posted by vakhas on November 14th, 2019

Minor surgical lights are medical devices which are used to assist the healthcare professional during the surgery by illuminating the operative site of a patient. A combination of a variety of minor surgical lights are usually referred as surgical light systems. Minor surgical lights are also used in specialty clinics and emergency rooms to perform the minor surgical procedure. There are various types of minor surgical lights available in the market and each type of Minor surgical lights plays a specific role in illumination. The lifespan of minor surgical lights is between 40,000 to 60,000 hours of use.

Minor Surgical Lights Market: Drivers and Restraints

A rising number of surgical procedure throughout the globe is the key factor propelling the growth of minor surgical lights market. Also the availability of different types of minor surgical lights according to surgical procedure rising the demand for minor surgical lights market. Additionally, technological evolution in the field of electronic equipment such launch of LED lights may lead to robust growth of the minor surgical lights market over the forecast period. Moreover, rise in per capita healthcare expenditure and disposable income in developing countries is also fueling the growth of minor surgical lights market. On the other hand, lack of budget among the hospitals in low-income countries to purchase the costly surgical equipments may deter the progress of minor surgical lights market.

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Minor Surgical Lights Market: Overview

The minor surgical lights market is expected to show robust growth over the forecast period due to rising prevalence of lifestyle diseases which demand the surgical intervention. According to the World Health Organization, more the 350 million surgical procedures were performed around the globe. By product type, convention light segment is expected to gain the major revenue share of minor surgical lights market owing its low cost as compared to LED lights. While, LED light segment by product type segment is expected to gain more traction for minor surgical lights market due though LED lights have consume less electricity and provide brighter illumination. By modality, celling mounted and wall mounted segment is expected to dominate the minor surgical lights market in term of revenue. While, floor stand minor surgical lights will gain greater traction over the forecast period due to its rising acceptance in specialized clinics.

Minor Surgical Lights Market: Segmentation

Based on product type, minor surgical lights market is segmented into following:

• Conventional Lights
• LED Lights

Based on modality, minor surgical lights market is segmented into following:

• Ceiling-mounted
• Wall-mounted
• Floor stand

Based on end user, minor surgical lights market is segmented into following:

• Hospitals
• Ambulatory Surgical Centers
• Specialized Clinics

Minor Surgical Lights Market: Regional Overview

Asia-Pacific is expected to be the dominant region for minor surgical lights market due to a large number of hospital in India and China. Also, the rising number of surgical intervention in these countries is responsible for the robust growth of minor surgical lights market. After Asia-Pacific, minor surgical lights market is then followed by Europe owing to increasing adoption for LED lights in this region. North America is expected to be the gain major traction for minor surgical lights market due rise in incorporation of specialty clinics in U.S. and Canada.  Latin Americana and Middle East and Africa region are expected to show delayed growth for minor surgical lights market owing to lack of funding to hospital to purchase costly surgical equipments.