The latest market intelligence study on the Medical Lighting Technologies market
brings in the best of both qualitative and quantitative assessment techniques
to explore the market size, share, and status of the Medical Lighting Technologies market for
the forecast period, 2020 - 2027. The extensive examination of the global
business environment provides a detailed analysis of the key driving forces and
challenges with the aim to give the stakeholders, business owners, and filed
marketing executives a competitive advantage over others. The study further
probes into prominent challenges, technology advancements, current trends and
lucrative avenues often considered as the boosting elements for the Medical Lighting Technologies market
for the forecast period, 2020 - 2027. The
global Medical Lighting Technologies Market will be worth USD 1.61 billion by 2027, according to a
current analysis by Emergen Research.
Key Highlights From The
Report
In April 2019,
Brandon Medical Co Ltd. Introduced i2i, a smart operating theatre solution. i2i
represents isolated to integrated. It comprises smart, automated solutions to
assist and empower engineers to minimize significant electrical hazards, which
is expected to strengthen its market position in the European region.
The segment of the
surgical lighting system is expected to lead the market with a CAGR of 6.2%.
This system enables the nurse and doctor to operate with better visibility.
During the forecast
period, the Intensive Care Units (ICU) segment is anticipated to hold the
largest market. As patients are treated for 24 hours in ICU, which involves
monitoring changing daytime rhythms, medical staff can check patients more
reliably at any time with improved lighting systems.
Due to the many
advantages of LED lighting solutions in hospitals, the Light-Emitting Diode (
LED) segment is expected to dominate the market over the forecast timeframe.
LED hospital lighting reduces downtime and maintenance expenditures and greatly
reduces energy costs as well.
Due to the rising
prevalence of chronic illnesses, public and private investments, innovations in
medical lighting systems, substantial research, and development activities in
advanced LED lighting technology, Europe is expected to dominate the market
during the forecast period.
Key participants
include Getinge AB, Dragerwerk AG & Co. KGaA, Eaton Corporation plc,
Herbert Waldmann GmbH & Co. KG, Cree Inc., Integra LifeSciences Holdings
Corporation, Burton Medical Products Corporation, Brandon Medical Co Ltd., DRE
Inc., and Koninklijke Philips N.V., among others.
Eurocolumbus s.r.l.,
OrthoScan, Inc. and Hitachi Medical Systems among others.
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Product Type Outlook (Revenue, USD Billion;
2017-2027)
Specialty
lighting
Surgical
lighting systems
Surface-mounted
Lights
Troffers
Accessories
Examination
lighting systems
Others
Application Outlook (Revenue, USD Billion;
2017-2027)
Intensive
care units (ICU)
Operating
room/surgical suites
Examination
rooms
Others
Technology Outlook (Revenue, USD Billion;
2017-2027)
Incandescent
and Halogen
Light-Emitting
Diode (LED)
Fluorescent
lighting technologies
Renewable
Energy
Others
Regional Outlook (Revenue, USD Billion;
2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA
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