Global Surgical Lights Market By Technology (Halogen Lights and LED Lights), By Application (Neurosurgery, Cardiac Surgery, ENT Surgery, Gynecological Surgery, and Other Applications), By End-User (Specialty Clinics, Hospitals & Ambulatory Surgery, and Other End-Users), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

Report Overview

The Global Surgical Lights Market size is expected to be worth around USD 4070 Million by 2032 from USD 2,625 Million in 2022, growing at a CAGR of 4.6% during the forecast period from 2023 to 2032.

Some of the driving forces behind the growth include an aging population, an increase in the number of hospitals, and the prevalence of lifestyle diseases. The market is anticipated to be further fueled by the development of healthcare infrastructure.

The demand for surgical lights is expected to rise as a result of a growing emphasis on providing superior patient care across various healthcare facilities and an increase in the number of operating room equipment approvals granted by regulatory authorities. The market for surgical lights is expected to expand even more as a result of rising product availability, rising demand from healthcare professionals and surgeons for well-equipped operating rooms, and increased accessibility to healthcare facilities, particularly in emerging economies.

Key Takeaways

• The global surgical lights market is expected to grow from USD 2,625 million in 2022 to USD 4,058 million by 2032, at a CAGR of 4.6%.
• North America is the largest market for surgical lights, accounting for 37.2% of the global market in 2022.
• The Asia-Pacific region is expected to grow at the fastest CAGR of 5.3% during the forecast period.
• The LED surgical lights segment is expected to grow at the fastest CAGR of 6.2% during the forecast period.
• The cardiac surgery segment is expected to be the largest application segment for surgical lights during the forecast period, with a market share of 32.5% in 2022.

Drivers

A Rising Demand for Advanced Healthcare Facilities to Boost the Market Growth

Private players are witnessing an influx in the healthcare systems of developing nations, either through public-private partnerships (PPPs) or directly, capitalizing on the lucrative demand for advanced healthcare facilities there. Global demand for new healthcare facilities is likely to rise as a result of unmet medical needs, long patient waiting times, and rising indirect healthcare costs.

Additionally, significant growth opportunities are being presented to healthcare facilities, particularly in developing nations, by the substantial investments made by various governments. A private hospital group in Qatar, for instance, is expanding its services by opening new hospitals and other healthcare facilities in the GCC and India. The organization intends to establish new hospitals in Chennai, Bengaluru, and a few other Indian cities with 350 and 600 beds, respectively.

Restraints

The risk of Burns Due to the Use of High-Intensity Light Sources is Likely to Hinder the Market Growth

Even though surgical lights have made huge strides in technology, there are some drawbacks that are likely to slow the market’s expansion. Infrared heat, which is produced by the light source, is harmful to anyone who comes into contact with it. It is anticipated that this will create an uncomfortable working environment for the surgeon as well as the entire surgical team. In addition, it may impede the procedure by causing the wound tissue to dry out, especially during longer procedures. When exposed directly, this may also result in burns on staff members as well as patients. As a result, the market expansion is anticipated to be hampered by all of the above-mentioned factors.

Trends

Technological Advancements in Surgical Lights Results in Driving the Growth of the Market.

Global expansion of this market has been largely driven by technological advancements in these devices. In the operating lights market, the transition from halogen lights to LED technology has significantly fueled demand for these devices. In order to offer advanced operating lights on the market, a number of market players are constantly focusing on R&D. For instance, BihlerMed, a leading provider of medical illumination technology and devices, collaborated with View Medical to introduce the advanced SurgiLight surgical lighting system. The product has a flexible shaft that is comfortable to use and stays in place after being adjusted, making it possible to position the light source with greater agility and precision.

Technology Analysis

Halogen Lights Segment to Grow at a Faster Pace

The market is segmented into LED and halogen lights. Due to their easy availability and widespread use, halogen lights dominated the market by 64% of the revenue share. On the other hand, LED lighting is estimated to grow at the fastest CAGR during the forecast period due to rising efforts to enhance increased awareness, the patient experience, and incentive programs to encourage large healthcare facilities to install LED lighting. In addition, it is anticipated that a rise in medical tourism in developing nations will soon support overall market expansion.

Application Analysis

The Cardiac Surgery Market Estimated to Grow at the Fastest CAGR.

Neurosurgery, cardiac surgery, ENT surgery, gynecological surgery, and other applications are the segments that make up the surgical light market. Due to the rising incidence of cardiac diseases, the cardiac surgery market is anticipated to have the highest revenue share of 33%. Cardiovascular Diseases (CVDs) account for approximately 37% of the 17 million premature deaths worldwide, according to data released by the World Health Organization (WHO).

Due to the rising number of C-section deliveries worldwide, gynecological surgery holds the second-largest market share. In the United States, a large number of C-section surgeries were performed, according to the Centers for Disease Control and Prevention (CDC). Additionally, the high prevalence of disorders affecting the female reproductive system is driving an increase in the number of gynecologic surgeries.

End-User Analysis

Hospital and Ambulatory Surgical Centers Accounted for Highest Market Share

Specialty clinics, hospitals, ambulatory surgical centers, and others make up the market’s segmentation. The rising demand for hospital operating rooms and the exponential growth in the number of advanced healthcare facilities, particularly in countries like the United Arab Emirates, Saudi Arabia, China, and India, is driving the global market’s excessive demand for these products.

For instance, IHH Healthcare built a 450-bed hospital in Shanghai, China, with the help of the Shanghai Hongxin Medical Investment Holding Co. Ltd. and Taikang Insurance Group. In addition, Columbia, China built a brand-new 500-bed hospital in Zhejiang Province. During the forecast period, the demand for new unit shipments of these products from hospital and ASC operating rooms is anticipated to be driven by the rapidly expanding hospital infrastructure in China and other nations.

Key Market Segments

Based on Technology

• Halogen Lights
• LED Lights

Based on Application

• Neurosurgery
• Cardiac Surgery
• ENT Surgery
• Gynecological Surgery
• Other Applications

Based on End-User

• Specialty Clinics
• Hospitals & Ambulatory Surgery
• Other End-Users

Regional Analysis

North America Dominates the Global Surgical Lights Market During the Forecast Period.

This market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa on a regional level. The market in North America generated the largest revenue and is expected to expand steadily over the forecast period at a revenue share of 37.2%. For the expansion of the market in North America, the consolidation of the healthcare and hospital infrastructure and the rapid adoption of technologically advanced LED lights by healthcare facilities in Canada and the United States is crucial.

In addition, the demand for new and replacement surgical lights is being fueled by an increase in the number of ambulatory surgery centers and the number of surgical procedures performed in the United States. Europe is expected to experience a CAGR that is significantly lower over the forecast period. The lack of interest in these lights in the region is primarily attributable to the decline in several hospitals, particularly in major European nations like France, Italy, and Germany.

Asia Pacific is anticipated to hold a dominant market share and grow at a significant CAGR over the forecast period. There will be a lot of demand for hospitals in Asia-Pacific due to the increasing number of private players entering the industry and a rapidly expanding infrastructure. Other lucrative regional markets include the Middle East and Africa, and Latin America. During the forecast period, the adoption of LED lights in countries like Brazil, the United Arab Emirates, Saudi Arabia, Mexico, and others is anticipated to be driven by a strong focus by regional government agencies on providing patients with a developed and advanced hospital infrastructure.

Key Regions

• North America
  • The US
  • Canada
  • Mexico
• Western Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Portugal
  • Ireland
  • Austria
  • Switzerland
  • Benelux
  • Nordic
  • Rest of Western Europe
• Eastern Europe
  • Russia
  • Poland
  • The Czech Republic
  • Greece
  • Rest of Eastern Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Australia & New Zealand
  • Indonesia
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Vietnam
  • Rest of APAC
• Latin America
  • Brazil
  • Colombia
  • Chile
  • Argentina
  • Costa Rica
  • Rest of Latin America
• Middle East & Africa
  • Algeria
  • Egypt
  • Israel
  • Kuwait
  • Nigeria
  • Saudi Arabia
  • South Africa
  • Turkey
  • United Arab Emirates
  • Rest of MEA

Key Players Analysis

HillRom Services, Inc. and Getinge AB are among the Prominent Players in the Surgical Lights Market

Some of the main reasons for these companies’ dominance in the surgical lights market include a strong brand presence, core competencies, and a wide range of options. For instance, Hillrom Services Inc.’s acquisition of Trumpf Medical and Getinge AB’s acquisition of Maquet have consolidated their market positions with a strong brand presence in the global market and a diverse product portfolio.

Market Key Players

Listed below are some of the most prominent global surgical light market players.

• Herbert Waldmann GmbH & Co.
• Bio-Medical Electronics Co.,
• Koninklijke Philips N.V.
• Stryker Corporation
• HillRom Services Inc.
• Gentex Corporation
• Skytron Corporation
• Other Key Players

Recent Developments

• In March 2022– Viscor, a subsidiary of Leviton Lighting, introduced the new Certolux MSU-DFX luminaire. This luminaire is equipped with 365DisInFx UVA technology, which was created to encourage surgical suites to be cleaner.
• In January 2022– With the introduction of Q-Flow Fluent, Merivaara expanded its Q-Flow surgical light line. Customers who still expect a world-class surgical light but place a greater emphasis on simplicity, high hygiene standards, and durability in their operating rooms will find the Q-Flow Fluent to be the ideal model.

Report Scope