Global Market Study on Surgical Lamps: Asia to Witness Highest Growth by 2020

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.

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Albany, NY -- (SBWire) -- 09/28/2015 --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).

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Innovations, along with technological advancements are some of the major drivers of surgical lamps market. Moreover, factors such as rising number of surgeries and increasing aging population are driving the demand for surgical lamps. In order to improve energy efficiency and reduce greenhouse gas emissions from healthcare devices, government agencies and healthcare organizations worldwide are undertaking various initiatives to design advanced surgical lamp devices for healthcare organizations. Increasing use of LED technology is a popular trend that has been observed in the surgical lamps market. Surgeons use LEDs to reduce operational costs and control heat radiation.

In terms of geography, North America dominates the surgical lamps market. This is primarily owing to increasing numbers of surgeries and government initiatives and regulations for the implementation of energy-efficient surgical lamps in healthcare facilities. Furthermore, innovative applications of cost-saving surgical light lamps are also boosting the growth of the surgical lamps market in the region. In Europe, the surgical lamps market is growing mainly due to initiatives taken by various governments to promote the usage of energy-efficient and cost-saving surgical lamps in the region. Moreover, increasing numbers of surgeries, growing aging population, and rising incidence of age-related diseases are boosting the growth of the European surgical lamps market. Asia represents the fastest-growing surgical lamps market due to increasing number of surgeries in various countries, such as China, Japan, and Southeast Asian countries. Increasing demand for energy-efficient and cost-effective lamps is fueling the growth of the surgical lamps market in Asia. Furthermore, growing aging population and increasing prevalence of chronic diseases are also supporting to the growth of surgical lamps market in the region.

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. The surgical lamps market is categorized on the basis of technology, type of light, product type, and geography. Based on technology, the market comprises LED surgical lamp, CFL surgical lamp, and halogen surgical lamp. Based on type of light, the market covers high color rendering index (CRI) light, homogenous light, special germicidal ultraviolet ray light, vein light, and others. Based on type of products, the surgical lamps market comprises ceiling mount surgical lamp, surgical headlight lamp, dental light lamp, laser light, and others. On the basis of geography, the surgical lamps market report identifies and analyses the market size and predictions for North America, Europe, Asia, and Rest of the World (RoW).

Some of the major players in the surgical lamps market are Stryker Corporation, KLS Martin Group, Integra LifeSciences Corporation, Koninklijke Philips N.V., A-dec, Inc., Steris Corporation, Skytron, Welch Allyn, Herbert Waldmann GmbH & Co. KG, and DRE INC. These key market players have been profiled on the basis of attributes such as company overview, recent developments, growth strategies, sustainability, and financial overview.

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