The global Medical Lighting Technologies Market is forecasted
to be worth USD 2.99 Billion by 2027, according to a current analysis by
Emergen Research. Over the forecast
timeframe, the increasing government investment in healthcare facilities is
anticipated to accelerate the market growth of medical lightning technologies.
Besides, In developing countries, the growing proliferation of hospitals is
anticipated to further boost the market growth. Furthermore, Technically
advanced and specialized lighting solutions are often needed for operation
theatres since these solutions play a very important role in the efficient
operation, Which is expected to stimulate the market growth in the forecast
period. 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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