Surgical Lights Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR (2024 - 2029) | 5.70 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Surgical Lights Market Analysis
The Surgical Lights Market is expected to register a CAGR of 5.70% during the forecast period.
The market is driven by the increasing number of surgical operating procedures and technological advancement in surgical light and product launches.
The increasing number of surgeries performed across the world is expected to increase the demand for light to illuminate the operative site on or within a patient for ideal visualization by OR staff during a surgical procedure, which is anticipated to boost the market's growth. For instance, according to the National Health Service (NHS) Digital's National Obesity Audit published in August 2022, a total of 4,035 people underwent primary bariatric procedures in England in 2021-2022. The bariatric procedures in England in 2021-2022 showed an increase of roughly 60% compared to the previous year. Therefore, the high burden of the population affected by obesity and the rising number of bariatric surgical procedures are expected to boost the utilization of surgical lights during the procedure, which is expected to augment the market's growth during the forecast period.
The increasing number of chronic diseases and trauma and injury cases across the world is expected to boost the demand for surgical light. For instance, according to the American Cancer Society 2024 Cancer Statistics, the estimated new number of cancer cases is estimated to be 2 million in the United States in 2024. The high burden of cancer is expected to increase in the number of surgeries, augmenting the demand for surgical lights and thereby boosting the market's growth during the forecast period.
Moreover, increasing product launches by market players is expected to increase access to these products, thereby boosting the market's growth. For instance, in January 2022, Merivaara unveiled the Q-Flow Fluent surgical light, the newest entrant in its acclaimed Q-Flow lineup. This addition enhances the range by offering a high-performance, entry-level system with standout features. The Q-Flow Fluent surgical light is engineered to provide a versatile user experience with many features. It excels in optical performance, ensures seamless usability, and is meticulously crafted for optimal airflow. Thus, the availability of advanced surgical lights in the market is expected to increase its adoption, thereby boosting the studied market during the forecast period.
Therefore, owing to the aforementioned factors, such as the rising number of surgical procedures and technological advancements, the studied market is projected to grow during the forecast period. However, the higher cost associated with surgical lights is one of the major factors restraining the market's growth during the forecast period.
Surgical Lights Market Trends
The LED Lights Segment is Expected to Witness 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, and it has 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 are expected to propel the segment's growth during the forecast period.
Furthermore, rising strategic initiatives such as launches and technological advancements by key market players are boosting the segment's growth during the forecast period. For instance, in November 2022, Mindray globally introduced its latest HyLED C8/C7/C5 surgical light series. This new series, the HyLED C, upholds the signature sleek design of Mindray's surgical lights and integrates cutting-edge optical technologies, enhancing vision and flexibility for operating room professionals.
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.
North America is Expected to Hold a Significant Market Share During the Forecast Period
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, investment in new hospitals and clinics, and the expansion of existing ones are expected to boost growth in the studied segment during 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's growth in the region.
Also, in March 2022, 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 boost the market's growth during the forecast period.
The rising launches by market players also contribute significantly to the market's 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. Similarly, in January 2023, Activ Surgical recently marked a milestone by successfully conducting its inaugural artificial intelligence (AI)-powered surgery with its flagship product, ActivSight Intelligent Light. This innovative tool offers superior visualization and immediate surgical insights during operations.
Thus, the abovementioned factors, such as the rising number of hospitals and product launches, are expected to expand the studied market within the region during the forecast period.
Surgical Lights Industry Overview
The surgical lights market is semi-consolidated with several players across the world. In terms of market share, various major players currently dominate the market. With the rising hospital infrastructure and high prevalence of surgeries, many regional players are expected to be part of the surgical light market during the forecast period. Key players in the market are Hill-Rom Services, Steris, SIMEON Medical, Getinge AB, and Stryker Corporation.
Surgical Lights Market Leaders
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SIMEON Medical
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Hill-Rom Services
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Getinge AB
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STERIS
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Stryker Corporation
*Disclaimer: Major Players sorted in no particular order
Surgical Lights Market News
- January 2024: Activ Surgical marked a significant milestone by conducting its inaugural international surgery at Abdali Hospital in Amman, Jordan, a part of the esteemed Clemenceau Network. This groundbreaking procedure utilized Activ Surgical's ActivSight™Intelligent Light (ActivSight), designed to elevate visualization and deliver immediate surgical insights. ActivSight is a user-friendly module that effortlessly interfaces with contemporary laparoscopic and robotic systems, seamlessly integrating with standard monitors.
- January 2024: Getinge introduced the new Maquet Ezea surgical light. Focusing on features that are essential for operating room (OR) staff, the versatile surgical light is easy to use, built to last, and designed to align with evolving risk management standards.
Surgical Lights 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 Significant Rise in Surgeries Across Healthcare Settings
4.2.2 Increasing Number of Technical Advancements in Surgical Lights
4.3 Market Restraints
4.3.1 Higher Cost Associated with Surgical Lights
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 LED lights
5.1.2 Halogen Lights
5.2 By Application
5.2.1 Cardiac Surgery
5.2.2 Gynecological Surgery
5.2.3 Neurosurgery
5.2.4 ENT surgery
5.2.5 Other Surgeries
5.3 By End User
5.3.1 Hospitals
5.3.2 Ambulatory Surgical Centers
5.3.3 Other End Users
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Italy
5.4.2.5 Spain
5.4.2.6 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 South Korea
5.4.3.6 Rest of Asia-Pacific
5.4.4 Middle East and Africa
5.4.4.1 GCC
5.4.4.2 South Africa
5.4.4.3 Rest of Middle East and Africa
5.4.5 South America
5.4.5.1 Brazil
5.4.5.2 Argentina
5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Hill-Rom Services
6.1.2 Getinge AB
6.1.3 Stryker Corporation
6.1.4 SIMEON Medical
6.1.5 STERIS
6.1.6 A-dec
6.1.7 Integra Life Sciences
6.1.8 Skytron
6.1.9 EPMD Group
6.1.10 Koninklijke Philips
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Surgical Lights Industry Segmentation
Surgical lights, also called surgical lighting or operating lights, are mostly utilized in hospital operating rooms, ambulatory surgery centers, and other locations to provide high-quality lighting for treatments.
The surgical lights market is segmented by type, application, end-user, and geography. Based on type, the market is segmented into halogen lights and LED lights. Based on application, the market is segmented into cardiac surgery, gynecological surgery, neurosurgery, ENT surgery, and other surgeries. Based on end user, the market is segmented into hospitals, ambulatory surgical centers, and other end users. Based on 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 all the above segments.
| By Type | |
| LED lights | |
| Halogen Lights |
| By Application | |
| Cardiac Surgery | |
| Gynecological Surgery | |
| Neurosurgery | |
| ENT surgery | |
| Other Surgeries |
| By End User | |
| Hospitals | |
| Ambulatory Surgical Centers | |
| Other End Users |
| Geography | ||||||||
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Surgical Lights Market Research FAQs
What is the current Surgical Lights Market size?
The Surgical Lights Market is projected to register a CAGR of 5.70% during the forecast period (2024-2029)
Who are the key players in Surgical Lights Market?
SIMEON Medical, Hill-Rom Services, Getinge AB, STERIS and Stryker Corporation are the major companies operating in the Surgical Lights Market.
Which is the fastest growing region in Surgical Lights 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 Lights Market?
In 2024, the North America accounts for the largest market share in Surgical Lights Market.
What years does this Surgical Lights Market cover?
The report covers the Surgical Lights Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Surgical Lights Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Surgical Lights Industry Report
Statistics for the 2024 Surgical Lights market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Surgical Lights analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
