Global Surgical Lamps Market: Industry Size, Share, Growth, Forecasts
Latest
industry research report on: Global Surgical Lamps Market | Industry
Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth,
Segmentation, Parameters, Forecasts
The report on global market for
surgical
lamps comprises
of global market study devised by Persistence Market Research for
2014 to 2020 forecast period. The global market for surgical lamps
continues to portray impressive growth and is expected to retain it
throughout the forecast period. The report signifies the importance
and use of surgical lamps, emphasizing their usage solely as medical
devices. Surgical lamps are known to provide ideal illumination
during surgeries and other invasive medical procedures such as dental
surgery, optical surgery, endoscopic surgery and neurosurgery. The
high-intensity shadow-free light emitted by surgical lamps
illuminates smallest of cavities and low contrast objects in the
patient’s body during surgeries. Gaining prominence of surgical
lamps in ambulatory surgical centers (ASCs) and operation theaters in
hospitals has been noted in the report.
The
report identifies factors that impact the dynamics of the global
surgical lamps market. Innovative imaging solutions, technological
advancements, and enhancement of light emissions are some of the key
drivers promoting the use of surgical lamps in healthcare facilities.
The brimming number of surgeries recorded around the world are
catalyzing rampant growth for the global surgical lamps market. A
crucial factor endorsing the use of surgical lamps is healthcare
organizations spending more capital on developing and designing
advance surgical lamps, considering their energy efficiency and
greenhouse gas footprint. Medical professionals continue to be
staunch proponents of surgical lamps as it avoids the risks of visual
imparity for surgeons and improper surgical incision in patient’s
body. However, operational costs, heat radiation and replacement of
existing surgical lamps with LEDs is hindering the growth of global
surgical lamps market.
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A regional overview of the global surgical lamps market, included in
the report, distinguishes the growth of the global market into key
regions such as North America, Asia, Europe and Rest of the World
(RoW). North America, among them, is slated to dominate the global
market for surgical lamps primarily due to the soaring amount of
surgeries undertaken in the US. Medical or health tourism in the US
continues to bolster its healthcare industry, with surgeries being
one of the prominent medical procedure preferred by expatriate
patients. Innovative applications of surgical lamps is also
orchestrating the dominance of North America in the global market.
The report also mentions how government initiatives towards
development of advanced surgical lamps is promoting the presence of
Europe in the global market. Aging demographics and surgeries
associated to them are brimming in Europe, accentuating its
contribution to global surgical lamps market. For Asia, Southeast
Asian countries, Japan and China are witnessing higher production of
cost-effective and efficient surgical lamps. Prevalence of chronic
diseases in several Asian countries have supported the region’s
prowess in the global market for surgical lamps.
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Research Methodology
To deduce the global surgical
lamps market size, the report considers various aspects based on
secondary research. Furthermore, key data points such as region-wise
split and market split by technology-types, type of light, and
product-types; and qualitative inputs from primary respondents have
been incorporated to arrive at appropriate market estimates. The
forecast presented in the report assesses the total revenue generated
and expected revenue contribution in the global surgical lamps
market.
The report begins with sizing
the market in terms of value and volume for the base year, which
forms the basis for forecasting how the market is anticipated to take
shape in the near future. Given the characteristics of the market,
gathered data is triangulated via different analysis based on supply
side and demand side drivers and other key dynamics of the global
surgical lamps market. To develop the market forecast, Persistence
Market Research has also conducted a factor analysis to understand
the impact of various forces/factors on the target market. The report
provides forecasts not only in terms of CAGR but also presents a
detailed analysis based on key parameters such as Year-on-Year
(Y-o-Y) growth to understand market predictability and to identify
the right opportunities.
Another key feature of this
report is an analysis of the global surgical lamps market and the
corresponding revenue forecast in terms of absolute dollar
opportunity, usually overlooked while forecasting the market.
However, absolute dollar opportunity is critical in assessing the
level of opportunity that a provider can look to achieve, as well as
to identify potential resources from a sales perspective in the
global surgical lamps market. Further, to understand key segments in
terms of their growth and overall global surgical lamps market
performance, Persistence Market Research has developed a market
attractiveness index to help providers identify existing market
opportunities in the global surgical lamps market.
Some of the major players in
the surgical lamps market:
Stryker Corporation.
KLS Martin Group.
Integra LifeSciences
Corporation.
Koninklijke Philips N.V.
A-dec, Inc.
Steris Corporation.
Skytron.
Welch Allyn.
Herbert Waldmann GmbH &
Co. KG.
DRE INC.
Other
These key market players have
been profiled on the basis of attributes such as company overview,
recent developments, growth strategies, sustainability, and financial
overview.
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