Market Trends of Surgical Lights Industry
LED Lights Segment is Expected to Witness a Healthy Growth during the Forecast Period
- For open surgery, LED lighting is the most commonly used light source. They help reduce shadows in open surgery. Due to its long-term cost savings, quantity and quality of illumination, and sufficient illumination intensity, the LED lights segment is projected to grow significantly.
- Moreover, LED lighting is most widely accepted in surgical settings with several advantages such as shadow dilution, correlated color temperature, homogeneity, and color rendering index over traditional lighting. Also, other surgical lights, such as halogen or gas discharge bulbs, use more power than those LEDs, making them less preferable. Such factors will likely propel the segment's growth over the forecast period.
- Furthermore, rising strategic initiatives such as launches and technological advancements by key market players are boosting the segment's growth over the analysis period. For instance, in August 2021, Fujifilm launched the Eluxeo 7000X system imaging tool with five LED lights for a real-time picture during an endoscopic operation. Also, in March 2021, the DASSL (Diffuse Asymmetric Symmetric Surgery Lens) was launched by A.L.P. for recessed or surface-mounted luminaires in operating rooms. The novel biased diffuse microstructure lens improves L.E.D. hiding power, smooth distribution, and lighting distributions that are both symmetrical (along the axis) and asymmetrical (cross-axis).
- Additionally, in November 2021, Vivo Surgical's launched Klaro in vivo lighting device that is designed to improve surgical illumination and provide a clearer view of surgical cavities. The light is developed in partnership with SingHealth and Panasonic Lighting (Europe). Numerous issues with conventional operating room lighting and personal headlights are resolved by this LED light.
- Thus, owing to the advantages of LED surgical lights and increasing launches by market players, the LED light segment is expected to witness healthy growth during the forecast period.
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North America is Expected to Hold a Major Share of the Surgical Lights Market
- North America is expected to register a significant market share in the surgical lights market due to the rising number of hospital admissions and investments to expand operating room devices.
- The increasing healthcare expenditure, along with investment in new hospitals and clinics along with the expansion of existing ones, are expected to boost growth in the studied segment over the forecast period. For instance, in February 2022, the Definitive Healthcare's Hospitals & IDN database stated that there are 8,214 hospitals in the United States. Texas, California, and Florida rank among the top three, with 915, 553, and 372 hospitals, respectively. Thus, the increase in the number of hospitals is expected to increase the operating rooms, which in turn promotes the studied market growth in the region.
- Also, in March 2021, the Ontario government, a Canadian province, invested up to USD 41.8 million in the new Grey Bruce Health Services Markdale Hospital for expansion and other activities like the purchase of instruments, which is expected to have a positive impact on the growth of the segment. Thus, an increasing number of hospitals would increase the demand for the adoption of surgical lights, which is expected to increase market growth over the forecast period.
- The rising launches by market players also contribute significantly to the market growth. For instance, in March 2022, Leviton Lighting brand Viscor launched a new Certolux MSU-DFX luminaire featuring 365DisInFx UVA technology designed to promote cleaner surgical suites.
- Thus, the abovementioned factors are expected to expand the studied market within the region during the forecast period.
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