The global MRI Surgical Light Market is expected to reach USD 3,301.7 Million by the year 2028, MRI Surgical Light are the components used to assist in the operating procedures to provide a clear vision of the cavities, organs, tissues which are under observation. MRI Surgical Light are intended to lighten the site of surgery. They can provide optimal visualization of small, low-contrast objects at variable depths in incisions as well as body cavities. Therefore, MRI Surgical Light are an essential component of any operating theatre and provide lighting in surgical suites.
Due to the rise in surgical procedures, there is a rising demand for surgical lighting. Also, a notable increase in surgical light distributors and producers globally is creating a tonne of market expansion potential. The rising senior population, the rise in accident rates, the acceleration of technology breakthroughs, and the rise in the demand for cosmetic surgery are the main drivers of surgical lighting. For instance, recent improvements in the market have led to a rise in the usage of LED lights, which, when used for extended periods of time, emit less heat and have less of a potential to burn tissues. The LED lights provide white light with lower intensity, but a clear vision and hence are useful for operations that are carried out for the long term. Additionally, as per the statistics of the Association for Safe International Road Travel in 2017, it is estimated that nearly 1.25 million people die in the road crashes each year, an average of 3,287 people die every day, also 20-50 million are found injured or disabled. It is expected to boost the market during the forecast period further.
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Further key findings from the report suggest
- According to World Health Organization statistics given, in 2020, it is expected that the number of persons aged 80 years or over is projected to triple, from 143 million in 2020 to 426 million in 2050. The increase in the incidences of the joint replacements required for the geriatric population is expected to fuel the market growth in the coming years.
- The LED lights being a revolutionary advancement in the market are expected to enroll maximum growth, as the intensity of light emitted can be controlled according to the requirement while operating, which is convenient for both patients and the medical practitioner.
- The market players are involved in collaboration and partnership as a part of the strategic initiative. For instance, in February 2018, BihlerMed came into partnership with View Medical and introduced advancement in the MRI Surgical Light that are SurgiLight, which is an alternative to headlamps and overhead lights, providing versatile, safe illumination precisely focused for specific surgical procedures. The innovations fulfilling the need of the market are expected to grow in the near future.
- New product launches is among the most utilized strategic initiative observed in this market. For instance, the product launch in the last quarter of 2018, by Dentsply Sirona SiroLaser Blue in the United States, is the first dental diode laser that emits blue light at a wavelength of 445 nanometers (nm), which is well absorbed by soft-tissue (i.e., hemoglobin and melanin and hence enables fast, precise and virtually painless cutting. The increase in the advancements of the devices according to the requirement is expected to propel the growth of the market in the forecast period.
Competitive Outlook of the Global MRI Surgical Light Market
The globla MRI Surgical Light market study focuses on the revenue growth trajectories of the leading companies in this market. This section of the report throws light on the highly competitive landscape of the MRI Surgical Light market, pointing out the major players. The report further discusses the strategic initiatives undertaken by each of these market players, including mergers acquisitions, collaborations, joint ventures, new product launches, new business deals, and technological innovations.
Top Companies Profiled in the Report:
Koninklijke Philips N.V, A-dec Inc., Herbert Waldmann GmbH Co. KG, STERIS plc, CV Medical, Gentex Corporation, Getinge AB, BihlerMED, Hill-Rom Services Inc., S.I.M.E.O.N. Medical GmbH, Integra LifeSciences Corporation, Co. KG, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Sunnex Group, SKYTRON, and Stryker.
MRI Surgical Light Market Segmentation:
Product Outlook (Revenue in Million USD; 2018–2028)
- Ceiling Mounted
- On floor stand
- Wall Mounted
- Mobile Surgical Light System
- Surgical Headlight
Technology Outlook (Revenue in Million USD; 2018–2028)
- Conventional (Incandescent)
- LED
- Halogen
- Xenon
- Renewable energy sources
Application Outlook (Revenue in Million USD; 2018–2028)
- Endoscopic Surgery
- Gynecology
- Dental surgery
- Cardiac
- Neurosurgery
End-Use Outlook (Revenue in Million USD; 2018–2028)
- Ambulatory Surgical Centers
- Hospitals Clinics
- Examination Rooms
- Others
Key Regional Markets Covered in the Report:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, Spain, France, BENELUX, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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