Surgical Lamps Market Is Expected to Reach at a CAGR of 4.6% Globally from 2014 to 2020 - Persistence Market Research

This report provides in-depth analysis and estimation of the surgical lamps market for the period 2014 - 2020, considering 2013 as the base year of calculation. Moreover, data pertaining to current market dynamics, including market drivers, restraints, trends, and recent developments, has been provided in the report.

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New York, NY -- (SBWire) -- 04/10/2015 --According to a new market report published by Persistence Market Research "Global Market Study on Surgical Lamps: Asia to Witness Highest Growth by 2020," The global surgical lamps market was valued at USD 5,54,938.8 thousand in 2014 and is expected to grow at a CAGR of 4.6% from 2014 to 2020, to reach USD 7,28,915.2 thousand by 2020.

Browse the full Global Market Study on Surgical Lamps: Asia to Witness Highest Growth by 2020 report at http://www.persistencemarketresearch.com/market-research/surgical-lamps-market.asp

Surgical lamp is a medical device which provides optimal illumination during surgical procedures such as neurosurgery, dental surgery, endoscopic surgery, and optical surgery. These devices provide optimally bright and shadow-free high-intensity light that is perfect for the visualization of small and low-contrast objects within the body cavity during surgeries. Surgical lamps are used in operating rooms of hospitals and ambulatory surgery centers (ASCs).

Globally, the surgical lamps market is witnessing significant growth due to innovations, along with technological advancements and rise in number of surgery centers. Moreover, increasing demand for better healthcare facilities and rise in number of surgeries are also driving the market. However, complications associated with CFLs, high costs of CFL and LED lamps, and economic slowdown in some regions, such as Europe and Africa, inhibit the growth of the market.

The global surgical lamps market is anticipated to grow from an estimated USD 5,54,938.8 thousand in 2014 to USD 7,28,915.2 thousand by 2020 at a CAGR of 4.6% during the forecast period.

North America is the largest region and Asia represents the fastest-growing region in the surgical lamps market. LED represents the largest and fastest-growing technology in surgical lamps market. High color rendering index (CRI) light lamps account for the largest segment, while vein light lamps are the fastest-growing light lamps segment in the market.

The North American surgical lamps market is anticipated to grow from an estimated USD 2,34,241 thousand in 2014 to USD 3,10,125.8 thousand by 2020 at a CAGR of 4.8% during the forecast period.

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The global surgical lamps market is segmented as follows:

1) By technology

LED surgical lamp
CFL surgical lamp
Halogen surgical lamp

2) By type of light

High colour rendering index (CRI) light lamp
Homogenous light lamp
Special germicidal ultraviolet ray light lamp
Vein light lamp
Others

3) By product type

Ceiling mount surgical lamp
Surgical headlight lamp
Dental light lamp
Laser light Lamp
Others

4) By geography

North America
Europe
Asia
Rest of the World (RoW)

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