Surgical Headband Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 355.30 Million |
| Market Size (2029) | USD 447 Million |
| CAGR (2024 - 2029) | 4.70 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Surgical Headband Market Analysis
The Surgical Headband Market size is estimated at USD 355.30 million in 2024, and is expected to reach USD 447 million by 2029, growing at a CAGR of 4.70% during the forecast period (2024-2029).
Factors such as the increasing number of surgeries, rising healthcare expenditure, and technological advancements are expected to boost the market's growth during the forecast period.
The growing burden of chronic diseases among the population raises the need for surgical procedures, which is expected to fuel the growth of surgical headbands in the market. For instance, an article published in the Journal of Orthopaedic Science, in June 2022, about 4,052 knee arthroplasties are expected to be performed on men between the ages of 40 and 64 years, 6,942 on men between the ages of 65 and 74 years, 14,986 on men over 75 years in Japan by 2030. Thus, the expected increase in knee surgeries among the population increases the demand for surgical headbands while performing surgeries, propelling the market's growth.
Additionally, the rising burden of heart surgeries, including coronary artery bypass surgeries, is further expected to fuel the demand for surgical headbands, hence anticipated to propel the segment's growth. For instance, according to the German Heart Surgery Report 2022, about 356 isolated heart transplantations, 228 isolated lung transplantations, and five combined heart-lung transplantations were performed in Germany in 2022. Thus, with the high number of cardiac surgeries performed, the demand for technologically advanced surgical headbands is anticipated to increase in the market, bolstering the market's growth.
Furthermore, strategic initiatives like mergers, acquisitions, and expansions by key players are expected to drive the market's growth. For instance, in August 2022, Wockhardt Hospital, Mumbai Central, launched a diabetes surgery clinic. This clinic is designed to offer both preventive and therapeutic interventions for diabetes management. The surgical procedure primarily targets insulin resistance, aiding in the regulation of blood sugar levels. Patients often witness an immediate impact on their blood sugar levels within days post-surgery. Consequently, the rising demand for surgical headbands, a key component in these procedures, could significantly influence the market under examination.
Moreover, the new product launches by the companies are anticipated to fuel the availability of advanced surgical headbands in the market. For instance, in October 2022, SurgiTel launched its new Surgical Headband LED 2.0, with an extended battery life compared to its predecessors. This cutting-edge surgical light merges the potency of conventional surgical headlights with the color precision and consistency of state-of-the-art LED technology.
Hence, due to the rise in surgery cases and the increase in the utilization of surgical headbands in surgery clinics, the market studied is expected to witness significant market growth during the forecast period. However, issues associated with lights and heat are expected to restrain the market's growth.
Surgical Headband Market Trends
The Ambulatory Surgical Centers Segment is Expected to Witness Lucrative Growth During the Forecast Period
Ambulatory care centers (ACCs) or ambulatory surgical centers (ASCs) are modern medical facilities providing same-day surgical care, including diagnostic, preventive, and treatment procedures. They are also known as outpatient surgical centers, where procedures do not require admission to healthcare facilities.
Ambulatory surgical centers are expected to witness significant market growth owing to factors such as the rise in the prevalence of chronic diseases, the rapidly aging population, and the rise in surgery. Since surgery addresses a broad spectrum of conditions that incur large social, economic, and health burdens, it is an indivisible and indispensable part of health systems.
The increasing number of chronic diseases such as cancer, cardiovascular, and neurological disorders is anticipated to raise the demand for surgical headbands owing to the increasing number of surgeries. For instance, according to 2024 data published by the American Cancer Society, around 2 million people in the United States are expected to be diagnosed with cancer in 2024, compared to 1.9 million in 2023. The high burden of cancer is augmenting the demand for surgery and thereby boosting the growth of the studied segment during the forecast period.
Furthermore, the rising launches of ambulatory surgical centers raise the need for surgical headbands during surgeries, augmenting the segment's growth. For instance, in May 2024, Panoramic Health launched five operating rooms in ambulatory surgery centers (ASC) in Tampa, United States. With this launch, the center enhances the delivery of outpatient care and improves the overall patient and provider experience.
Therefore, due to the rise in surgery cases and the increase in the utilization of surgical headbands in ambulatory surgical centers, the segment studied is expected to witness significant market growth during the forecast period.
North America Anticipated to Hold a Significant Market Share Over the Forecast Period
North America is expected to hold a significant market share in the studied market throughout the forecast period owing to factors such as an increase in surgical procedures, a rise in product launches, and a surge in surgery clinic expansions.
The high number of surgical procedures performed across healthcare facilities is anticipated to fuel the growth of the surgical headbands market over the forecast period. For instance, as per 2024 updated data published by the American Academy of Orthopaedic Surgeons, approximately 700,000 total knee replacement procedures are performed by surgeons in the United States every year.
Additionally, the number of surgical procedures in hospitals is increasing owing to the rising burden of chronic diseases among the population, hence boosting the market growth. For instance, in August 2022, the American Surgery Center and the CEO of United Medical stated that surgeries are projected to grow 18% at both hospital outpatient departments and physician clinics, over the next 10 years. As a result, the demand for surgical headbands is likely to expand along with the anticipated increase in surgical procedures over the forecast period.
Furthermore, increased government initiatives to expand surgical facilities across the region are expected to drive market growth. For instance, in January 2023, the government of Ontario planned to perform thousands more surgeries in private facilities to tackle the growing backlog. The first phase focuses on the expansion of cataract surgeries, followed by a second phase that expands into low-complex orthopedic surgeries like knee and hip replacements as well as diagnostic tests.
Similarly, in November 2022, USA Health gained approval to construct a multi-specialty ambulatory surgery center on its West Mobile Campus. The center will have six operating rooms and two procedure rooms for several outpatient treatments in the fields of orthopedics, ENT, obstetrics and gynecology, urology, neurology, gastrointestinal, pediatric surgery, and general surgery. Hence, such developments are expected to increase the utilization of surgical headbands across the region and thereby fueling the market growth.
Hence, with the increase in surgery cases and the surge in the utilization of surgical headbands in hospitals and clinics, the studied market in North America region is expected to witness significant market growth over the forecast period.
Surgical Headband Industry Overview
The surgical headband market is fragmented and consists of several major players. Companies are adopting key strategic activities such as collaborations, partnerships, and new product launches to retain their share in the surgical headband market. Some of the key players in the market are Aspen Surgical, Carl Zeiss, Surgitel, HEINE Optotechnik GmbH & Co. KG, Integra LifeSciences Corporation, Orascoptic, SheerVision, and Xenosys.
Surgical Headband Market Leaders
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HEINE Optotechnik GmbH & Co. KG
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Integra LifeSciences Corporation
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Surgitel
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Aspen Surgical
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Orascoptic
*Disclaimer: Major Players sorted in no particular order
Surgical Headband Market News
- October 2023: Al Qassimi Hospital utilized Smart Headband, an innovative medical technology with a camera and a headset, for performing catheterization procedures and treating arterial diseases. The camera captures surgical procedures in high-definition and exceptional clarity, broadcasting them live and in real-time.
- March 2023: Proximie designed a wearable headset for surgeons to remotely advise on surgeries with an investment of USD 140 million from SoftBank and Mubadala.
Surgical Headband Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Number of Surgeries and Rising Healthcare Expenditure
4.2.2 Technological Advancements
4.3 Market Restraints
4.3.1 Issues Associated with Light and Heat
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD)
5.1 By Type
5.1.1 Disposable
5.1.2 Reusable
5.2 By End User
5.2.1 Hospitals and Clinics
5.2.2 Ambulatory Surgical Centers
5.2.3 Other End Users
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Middle East and Africa
5.3.4.1 GCC
5.3.4.2 South Africa
5.3.4.3 Rest of Middle East and Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Argentina
5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Aspen Surgical
6.1.2 Carl Zeiss
6.1.3 Surgitel
6.1.4 HEINE Optotechnik GmbH & Co. KG
6.1.5 Integra LifeSciences Corporation
6.1.6 Orascoptic
6.1.7 SheerVision
6.1.8 Xenosys
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Surgical Headband Industry Segmentation
As per the scope of the report, surgical headbands provide necessary lighting to the operative field, thus making them a vital component of various surgical procedures. A wide range of reusable and disposable professional surgical headlights in halogen and LED configurations are available on the market.
The surgical headband market is segmented by type, end user, and geography. By type, the market is segmented into disposable and reusable. By end user, the market is segmented into hospitals and clinics, ambulatory surgical centers, and other end users. By geography, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The report offers the value (USD) for the above segments.
| By Type | |
| Disposable | |
| Reusable |
| By End User | |
| Hospitals and Clinics | |
| Ambulatory Surgical Centers | |
| Other End Users |
| Geography | ||||||||
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Surgical Headband Market Research FAQs
How big is the Surgical Headband Market?
The Surgical Headband Market size is expected to reach USD 355.30 million in 2024 and grow at a CAGR of 4.70% to reach USD 447 million by 2029.
What is the current Surgical Headband Market size?
In 2024, the Surgical Headband Market size is expected to reach USD 355.30 million.
Who are the key players in Surgical Headband Market?
HEINE Optotechnik GmbH & Co. KG, Integra LifeSciences Corporation, Surgitel, Aspen Surgical and Orascoptic are the major companies operating in the Surgical Headband Market.
Which is the fastest growing region in Surgical Headband Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Surgical Headband Market?
In 2024, the North America accounts for the largest market share in Surgical Headband Market.
What years does this Surgical Headband Market cover, and what was the market size in 2023?
In 2023, the Surgical Headband Market size was estimated at USD 338.60 million. The report covers the Surgical Headband Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Surgical Headband Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Surgical Headband Industry Report
Statistics for the 2024 Surgical Headband market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Surgical Headband analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Surgical Headband Market Report Snapshots
