Harrisburg, NC -- (SBWire) -- 10/08/2020 --The Surgical Lights market report recognizes the importance of investing in policies and processes to use trade as a tool for inclusive growth. Underlying this approach is a strategy to strengthen its export sectors and broaden the scope of the goods and services produced given the report's traditionally strong dependence on a narrow set of revenue-generating investment in the Surgical Lights Market. This report is a roadmap for Surgical Lights market exporters and policymakers to identify higher value-added products and markets with growth potential, as well as giving guidance to realize the opportunities and overcoming production challenges.
The global surgical light market size was estimated at USD 1.5 billion in 2018 and is anticipated to expand at a CAGR of 4.6% over the forecast period.
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Top Key Market Competitors Covered in the report:
Surgiris, Mopec, Merivaara, Dr.Mach, MS westfalia, B&D, Aygun Surgical Instruments Co.,Inc., Infimed, ACEM Medical Company, Photonic, Etkin Medical Devices, BiHealthcare, Okuman Medikal Sistemler, Pegisdan
Industry News:
January 2019 – Getinge AB, a Swedish lighting solutions provider, announced the launch of Maquet PowerLED II surgical light. According to the company, the product provides shadow-free and bright illumination that aids in optimum visualization while performing surgeries in an operation theatre.
A rise in regulatory approvals for operating room equipment coupled with a rising focus on offering better patient care across different healthcare facilities is expected to drive the demand for surgical lights. Surgical lights are predominantly used in Ambulatory Surgery Centers (ASCs) and hospitals. Majorly, it is used by surgeons and clinicians for optimal visualization during a surgical procedure. Moreover, these lights can also be used in emergency rooms, labor and delivery, and examination rooms.
Segment by Types:
LED
Halogen
Segment by Application:
Hospitals
Emergency Centers
Clinics
Others
The findings show that the country has a wealth of untapped export potential, particularly within North America (The United States, Canada, and Mexico), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Central & South America (Brazil, and Rest of South America), and Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, and Other), and that realizing this potential can build competitiveness for future growth.
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The Surgical Lights market also presents new analysis on opportunities for upgrading to transformed products, taking into account the existing export structure and available inputs. It analysis the current trade challenges that the market faces and provides guidance on targeted avenues for enhancing export growth, diversification, and product upgrading by moving towards higher value-added products within a value chain.
Highlights of the report:
- The Surgical Lights market helps to discover the market value in dollar terms that can be compared with actual expansion values in order to explore opportunities for additional growth across existing and new target markets.
-Developing a competitiveness strategy that focuses on diversifying its market and shifting to greater value addition in its products and services could place the market onto a more stable and sustainable development path with widespread benefits.
-Trade and Surgical Lights market access data are key in guiding and re-orienting policies towards the opportunities that promise the greatest benefits
-It ensures the widespread access to finance for global Surgical Lights market manufacturers, with improved connectivity to regional markets, and implementing an attractive and effective taxation system are overarching policies that will have a positive impact on the general business environment.
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This research presents an example of how relevant data – complemented by information from local stakeholders – can inform the trade-related decision-making of policymakers and the private sector; by transforming raw data to trade and Surgical Lights market intelligence. It gives a balance between policies that promote the current market effect and an innovative approach that invests in new tradable products with higher value-added and impact.
The Surgical Lights market report provides design and implements an informed trade and development strategy. Enhancing trade competitiveness is not always straightforward. Accordingly, this report provides a customized analysis for product upgrading focused on export diversification.
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Surgical Lights Market 2020 by Type, Cost, Growth, Key Players, Regional Analysis and Opportunities to 2026