A surgical light is a medical device designed to be used in operation rooms to assist medical personnel to perform surgical procedures by illuminating the area where the surgery is to be performed. It is also referred as operating light or surgical overhead. The surgical light system is a combination of several lights and accessories. The correct illumination can be achieved by the quality of the light which is measured in terms of homogeneity, lux, light field diameter, color rendition, and battery backup. An ideal surgical light should be able to eliminate shadows, while highlighting small parts of the organ or tissue to be operated. Additionally, the light should not cause any tissue injury or burns caused by high lux. High quality surgical light systems contribute to the success rate of any surgical procedure. High quality operating lights provide natural color rendition, excellent shadow control, and deep-cavity illumination, helping the surgeons accurately and consistently assess and interpret tissue and vessel appearance.
Evolution of novel and technologically superior surgical lighting systems; increase in number of surgical procedures performed in various therapeutic fields, favorable reimbursement scenario, surge in incidence and prevalence of lifestyle diseases demanding surgical interventions, and rise in the healthcare spending capacity globally are the factors anticipated to boost the growth of the global surgical lighting systems market. However, high cost of LED surgical lighting systems and risk of burns associated with use of high lux light sources are the factors restraining the market.
The global surgical lighting systems market can be segmented based on product configuration, light source, application, end-user, and region. In terms of product configuration, the market can be categorized into ceiling mounted surgical lighting systems, mobile surgical lighting systems, wall mounted surgical lighting systems, compact surgical lighting systems, and modular surgical lighting systems. Based on light source, the global surgical lighting systems market can be divided into LED surgical lighting systems and halogen surgical lighting systems. The LED surgical lighting system is an innovative technology which emits cold light avoiding exposure to infrared radiations. LED lights are superior in terms of product life as compared to traditional lamps i.e., 25 times more (over 50,000 hours). The color temperature remains constant, reflecting a homogenous light as required for improved visualization. These benefits offered by LED lights are expected to drive the LED surgical lightning systems segment during the forecast period. In terms of application the market can be classified into cardiac surgery, neurosurgery, ENT surgery, dental surgery, gastrointestinal tract surgery, gynecological surgery, ano-rectal surgery, and others. The cardiac surgery and gynecological surgery segments are expected to dominate the global surgical lighting systems market during the forecast period.
Geographically, the global surgical lighting systems market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the global surgical lighting systems market owing to high health care spending capacity, adoption of technologically advanced products, and rise in demand for minimally invasive surgical procedures. Europe is expected to be the second largest market for surgical lighting systems, attributable to the increase in geriatric population, rise in incidence of lifestyle diseases, high health care awareness among the population, and presence of large number of leading manufacturers of surgical lighting systems. Asia Pacific and Latin America can be considered emerging markets due to rapidly changing health care infrastructure, growing economies, and rise in health awareness among the population.
Key players operating in the global surgical lighting systems market include STERIS plc, MAQUET Holding B.V. & Co. KG., Meditek, DRE Veterinaryl, Merivaara, Zenium Technology Partners Limited, Dixion distribution of medical devices GmbH, SIMEON Medical, DRE Medical, and Sturdy Industrial Co., Ltd.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.