North America Examination Lights Market Size, Share & Industry Trends Analysis Report By End User (Clinics, Hospitals and Others), By Type (LED and Halogen), By Country and Growth Forecast, 2023 - 2030
The North America Examination Lights Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 184.4 thousand Units, showcasing a growth of 4.5% (2019-2022).
Market participants stand to gain significantly from the urgency to replace the currently deployed base of halogen bulbs in healthcare facilities, particularly in developed nations where phase-out plans are being implemented. Furthermore, the proliferation of outpatient clinics and hospitals will contribute to the rising need for LED-based products within these recently constructed facilities. Expanding hospital-based outpatient facilities and specialty clinics in developing and developed nations will provide additional impetus for the widespread adoption of LED-based products.
Establishing optimal visual conditions is a critical function of examination lights, enabling physicians to detect potential medical indications or symptoms of a disease. The task lamps generate regulated beams of uniformly dispersed light and exhibit high color rendering, allowing the physician to execute precise diagnoses. Exam lights have been constructed and designed according to principles prioritizing space efficiency, maneuverability, serializability, and simple positioning.
The demand for examination lights in North America is driven by increased focus from national and regional government agencies on early diagnosis and heightened public awareness regarding the prevalence of disease conditions. This factor has significantly contributed to the annual increase in the volume of diagnostic procedures and examinations conducted in the region. The progressions in LED technology additionally bolster the expansion of the examination lighting industry in North America. Thus, increasing investments in R&D, backing from lighting organizations, and the expansion of hospital infrastructure all contribute to the expansion of the North American market.
The US market dominated the North America Examination Lights Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $71,665.7 Thousands by 2030. The Canada market is exhibiting a CAGR of 7.2% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 6.3% during (2023 - 2030).
Based on End User, the market is segmented into Clinics, Hospitals and Others. Based on Type, the market is segmented into LED and Halogen. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hill-Rom Holdings, Inc. (Baxter International, Inc.), Skytron, LLC, Getinge AB, Herbert Waldmann GmbH & Co. KG, Teleflex, Inc., Stryker Corporation, Edwards Lifesciences Corporation, Invacare Corporation, Dragerwerk AG & Co. KGaA, and S.I.M.E.O.N. Medical GmbH & Co. KG.
Scope of the Study
Market Segments covered in the Report:
By End User (Volume, Thousand Units, USD Million, 2019-2030)
- Clinics
- Hospitals
- Others
- LED
- Halogen
- US
- Canada
- Mexico
- Rest of North America
- Hill-Rom Holdings, Inc. (Baxter International, Inc.)
- Skytron, LLC
- Getinge AB
- Herbert Waldmann GmbH & Co. KG
- Teleflex, Inc.
- Stryker Corporation
- Edwards Lifesciences Corporation
- Invacare Corporation
- Dragerwerk AG & Co. KGaA
- S.I.M.E.O.N. Medical GmbH & Co. KG
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Examination Lights Market, by End User
- 1.4.2 North America Examination Lights Market, by Type
- 1.4.3 North America Examination Lights Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter’s Five Force Analysis
- Chapter 4. North America Examination Lights Market by End User
- 4.1 North America Clinics Market by Country
- 4.2 North America Hospitals Market by Country
- 4.3 North America Others Market by Country
- Chapter 5. North America Examination Lights Market by Type
- 5.1 North America LED Market by Country
- 5.2 North America Halogen Market by Country
- Chapter 6. North America Examination Lights Market by Country
- 6.1 US Examination Lights Market
- 6.1.1 US Examination Lights Market by End User
- 6.1.2 US Examination Lights Market by Type
- 6.2 Canada Examination Lights Market
- 6.2.1 Canada Examination Lights Market by End User
- 6.2.2 Canada Examination Lights Market by Type
- 6.3 Mexico Examination Lights Market
- 6.3.1 Mexico Examination Lights Market by End User
- 6.3.2 Mexico Examination Lights Market by Type
- 6.4 Rest of North America Examination Lights Market
- 6.4.1 Rest of North America Examination Lights Market by End User
- 6.4.2 Rest of North America Examination Lights Market by Type
- Chapter 7. Company Profiles
- 7.1 Hill-Rom Holdings, Inc. (Baxter International, Inc.)
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental Analysis
- 7.1.4 Research & Development Expense
- 7.1.5 Recent strategies and developments:
- 7.1.5.1 Partnerships, Collaborations, and Agreements:
- 7.1.5.2 Product Launches and Product Expansions:
- 7.1.6 SWOT Analysis
- 7.2 Skytron, LLC
- 7.2.1 Company Overview
- 7.2.2 SWOT Analysis
- 7.3 Getinge AB
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expense
- 7.3.5 Recent strategies and developments:
- 7.3.5.1 Product Launches and Product Expansions:
- 7.3.6 SWOT Analysis
- 7.4 Herbert Waldmann GmbH & Co. KG
- 7.4.1 Company Overview
- 7.4.2 SWOT Analysis
- 7.5 Teleflex, Inc.
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental Analysis
- 7.5.4 Research & Development Expense
- 7.5.5 SWOT Analysis
- 7.6 Stryker Corporation
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Research & Development Expense
- 7.6.5 Recent strategies and developments:
- 7.6.5.1 Partnerships, Collaborations, and Agreements:
- 7.6.6 SWOT Analysis
- 7.7 Edwards Lifesciences Corporation
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Regional Analysis
- 7.7.4 Research & Development Expenses
- 7.7.5 SWOT Analysis
- 7.8 Invacare Corporation
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Product and Regional Analysis
- 7.8.4 Research & Development Expenses
- 7.8.5 SWOT Analysis
- 7.9 Dragerwerk AG & Co. KGaA
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Research & Development Expense
- 7.9.5 SWOT Analysis
- 7.10. S.I.M.E.O.N. Medical GmbH & Co. KG
- 7.10.1 Company Overview
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