Surgical Lights Market Size, Share & Trends Analysis Report By Technology (LED lights, Halogen Lights), By Application (Cardiac Surgery, Neurosurgery, Gynecological Surgery, ENT Surgery), By End-use, By Region And Segment Forecasts, 2024 - 2030
Surgical Lights Market Size, Share & Trends Analysis Report By Technology (LED lights, Halogen Lights), By Application (Cardiac Surgery, Neurosurgery, Gynecological Surgery, ENT Surgery), By End-use, By Region And Segment Forecasts, 2024 - 2030
Surgical Lights Market Growth & Trends
The global surgical lights market size is anticipated to reach USD 2.74 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 5.9% from 2024 to 2030. Increasing demand for latest technologies to provide patients the best possible care coupled with rising number of surgical procedures around the globe is expected to fuel the growth.
Surgical lights are mainly used in Ambulatory Surgery Centers (ASCs) and hospitals. They are used by surgeons, clinicians, and proceduralists for optimal visualization during a medical procedure. The lights can also be used in emergency rooms, labor and delivery, and examination rooms. A rise in the number of surgeries due to the high prevalence of cardiovascular diseases, neurological disorders, and accidents and trauma cases is anticipated to drive the demand for surgical lights in the forthcoming years. According to a 2016 report of the World Health Organization (WHO), the number of surgeries increased by ~40% from 2004 to 2012.
North America and Europe have led the surgical light market in terms of both the revenue and volume share, owing to the availability of a large number of advanced and progressive healthcare facilities and growing number of ambulatory surgery centers in the regions. In Asia Pacific, the adoption of surgical lights is rising at a significant rate, due to increasing number of well-equipped healthcare facilities in the region.
Surgical Lights Market Report Highlights
The halogen lights segment accounted for the largest market share of 53.5% in 2023 due to easy and widespread availability. The reduction in cost due to the use of halogen lights is one of the key drivers contributing to the market growth.
The cardiac surgery segment accounted for significant market share in 2023. These surgeries are complex in nature that involves intricate procedures, demanding high levels of visibility and precision.
The hospital operating rooms segment dominated the market and accounted for the largest share in 2023. The rising interest of the hospitals in upgrading the Operation Rooms (ORs) is expected to boost the market growth.
North America surgical lights market dominated the market in 2023. The region has a strong network of hospitals, ambulatory surgical centers, and clinics that have advanced medical technology.
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