Medical Lighting Technologies Market is estimated to be US$ 3.42 billion by 2030 with a CAGR of 5.30% during the forecast period

June 20, 2022

Global Medical Lighting Technologies Market accounted for US$ 2.13 billion in 2020 and is estimated to be US$ 3.42 billion by 2030 and is anticipated to register a CAGR of 5.30%. Poor illumination spectrum can lead to poor operating team performance and well-being, quality, and safety of the workplace which leads to adverse impacts on the patient. Due to the infrastructure development of multispecialty hospitals across countries, demand for a medical lighting system has increased. The use of advanced lighting systems has been shown to grow rapidly in hospitals, as lighting products are widely used in different hospital applications.

The report “Global Medical Lighting Technologies Market, By Product (Surgical Lighting Systems, Examination Lighting Systems, and Specialty Lighting and Accessories), By Technology (Led Lighting Technology, Fluorescent Lighting Technologies, Incandescent, and Halogen Lighting Technology, and Other Technology), By Application (Operating Room/Surgical Suites, Examination Rooms, Intensive Care Units (ICU), and Others Applications), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Trends, Analysis and Forecast till 2030”

Key Highlights:

In 2020, Koninklijke Philips N.V. announced acquisition of intact vascular to extend its portfolio of minimally invasive treatment solutions for peripheral artery disease.
In 2019, Getinge AB acquired Applikon Biotechnology B.V.
Analyst View:

Rising incidence of chronic diseases among individuals has led to advancements in medical lighting systems which is expected to propel the growth of the global market over the forecast period. LED lighting technology, like in all other lighting applications, is also taking over the medical lighting application. Due to the round-the-clock surgical operations and high lumen output requirements, hospitals devote a significant portion of their energy usage to the lighting. However, the high cost of LED lighting fixtures and a lack of awareness regarding the latest lighting technologies and products are the major factors hindering the global medical lighting technologies market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Medical Lighting Technologies Market, By Product (Surgical Lighting Systems, Examination Lighting Systems, and Specialty Lighting and Accessories), By Technology (Led Lighting Technology, Fluorescent Lighting Technologies, Incandescent, and Halogen Lighting Technology, and Other Technology), By Application (Operating Room/Surgical Suites, Examination Rooms, Intensive Care Units (ICU), and Others Applications), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Trends, Analysis and Forecast till 2030”

To know the upcoming trends and insights prevalent in this market, click the link below:

https://www.prophecymarketinsights.com/market_insight/Global-Medical-Lighting-Technologies-Market-3829

Key Market Insights from the report:

The Global Medical Lighting Technologies Market accounted for US$ 2.13 billion in 2020 and is estimated to be US$ 3.42 billion by 2030 and is anticipated to register a CAGR of 5.30%.

The global medical lighting technologies market is segmented based on products, technology, application, and region.

By Product Type, the Global Medical Lighting Technologies Market is segmented into Surgical Lighting Systems, Examination Lighting Systems, and Specialty Lighting and Accessories.
By Technology, the Global Medical Lighting Technologies Market is segmented into Led Lighting Technology, Fluorescent Lighting Technologies, Incandescent, and Halogen Lighting Technology, and Other Technology.
By Application, the Global Medical Lighting Technologies Market is segmented into Operating Room/Surgical Suites, Examination Rooms, Intensive Care Units (ICU), and Others Applications.
By region, the Global Medical Lighting Technologies Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape:

The key players operating the global medical lighting technology market involves Brandon Medical Co. Ltd., Burton Medical Cree Inc., Products Corporation, Daray Medical, Dragerwerk AG & Co. KGaA, DRE Medical, Eaton Corporation plc, Getinge AB, Herbert Waldmann GmbH & Co.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period
Key Topics Covered

Introduction
Study Deliverables
Study Assumptions
Scope of the Study
Research Methodology
Executive Summary
Opportunity Map Analysis
Market at Glance
Market Share (%) and BPS Analysis, by Region
Competitive Landscape
Heat Map Analysis
Market Presence and Specificity Analysis
Investment Analysis
Competitive Analysis
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