The Global Medical Lighting Technologies Market Evaluated to Propel at $9059.45 Million by 2028

A recent study by Triton Market Research titled 'Global Medical Technologies Market' includes the Global Analysis and Forecasts by Type (Surgical Lighting Systems [Mobile, Headlights, Wall-Mounted, Ceiling-Mounted, Other Surgical Lighting Systems], Specialty Lighting, Examination Lighting Systems [Rail-mounted, Ceiling-Mounted, Floor-standing, Tabletop, Mobile, Wall-Mounted, Other Examination Lighting Systems], Accessories), Application (Operating Rooms/Surgical Suites, Examination Rooms, ICU, Other Applications), Product (LED, Incandescent and Halogen, Fluorescent lighting technologies, Other Products), and by Geography (Middle East and Africa, Asia-Pacific, Latin America, Europe, North America).
Medical lighting technologies have gained traction, owing to the growing demand for simple lighting for surgical procedures. These lights are offered in various types, including surgical lighting, specialty lighting, and accessories.

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Triton's research report insinuates that the global medical lighting technologies market is likely to witness growth at a CAGR of 5.75% in revenue through the years 2021-2028. The studied market is further estimated to acquire revenue worth $9059.45 million by 2028.

In recent years, the lighting industry has developed significantly owing to the advancement in various technologies. Moreover, the advent of IoT has enabled remote regulation of lighting fixtures using smart devices. Additionally, controlling lighting with the help of inbuilt sensors has enhanced the demand for lighting technologies. Hence, the growing technological advancements have supported the growth of the medical lighting technologies market globally.

However, expensive LED lighting products and threats of overexposure have negatively impacted the medical lighting technologies market.
The medical lighting technologies market is sectioned into type, application, and product.

Based on type, it is segmented into surgical lighting systems, specialty lighting, examination lighting systems, and accessories. Here, the surgical lighting systems are subdivided into mobile, headlights, wall-mounted, ceiling-mounted, and other surgical lighting systems.

Furthermore, examination lighting systems are subdivided into rail-mounted, ceiling-mounted, floor-standing, tabletop, mobile, wall-mounted, and other examination lighting systems. In terms of application, it is sectioned into operating rooms/surgical suites, examination rooms, ICU, and other applications. Lastly, the product segment is categorized into LED, incandescent and halogen, fluorescent lighting technologies, and other products.

Geographically, North America dominates the medical lighting technologies market. In the region, the United States has emerged as a major market for medical lighting technologies. This is mainly owing to the surge in healthcare expenditure across the country. Furthermore, the growth in the number of hospitals across the US and Canada has increased the demand for medical lightings. Other than this, several prominent market players are advancing medical lighting to become more energy-efficient, thereby influencing the demand for these lighting across various verticals within the healthcare sector. Hence, these developments are likely to drive the growth of the medical lighting technologies market across the region.

GE Healthcare, Daray Medical, Stryker Corporation, Integra Lifesciences Holdings Corporation, Trilux GmbH & Co KG, A-Dec Inc, Cree Inc, Draegerwerk AG & Co KGAA, Eaton Corporation Plc, Welch Allyn Inc, Getinge AB, Burton Medical Products Corporation (Philips Lighting), Merivaara Corp, Brandon Medical Co Ltd, Steris Plc, and KLS Martin Group are major firms in the medical lighting technologies market.

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Question & Answer: Medical Lighting Technologies Market

Question 1: What significant factors have supported the growth of the medical lighting technologies market globally?
Answer: In recent years, the lighting industry has developed significantly owing to the advancement in various technologies. Moreover, the advent of IoT has enabled remote regulation of lighting fixtures using smart devices. Additionally, controlling lighting with the help of inbuilt sensors has enhanced the demand for lighting technologies. Hence, the growing technological advancements have supported the growth of the medical lighting technologies market globally.

Question 2: What factors have negatively impacted the medical lighting technologies market?
Answer: Expensive LED lighting products and threats of overexposure have negatively impacted the medical lighting technologies market.

Question 3: Which region dominates the medical lighting technologies market?
Answer: Geographically, North America dominates the medical lighting technologies market. In the region, the United States has emerged as a major market for medical lighting technologies. This is mainly owing to the surge in healthcare expenditure across the country. Furthermore, the growth in the number of hospitals across the US and Canada has increased the demand for medical lightings. Other than this, several prominent market players are advancing medical lighting to become more energy-efficient, thereby influencing the demand for these lighting across various verticals within the healthcare sector. Hence, these developments are likely to drive the growth of the medical lighting technologies market across the region.

Question 4: Which are the major firms in the medical lighting technologies market?
Answer: GE Healthcare, Daray Medical, Stryker Corporation, Integra Lifesciences Holdings Corporation, Trilux GmbH & Co KG, A-Dec Inc, Cree Inc, Draegerwerk AG & Co KGAA, Eaton Corporation Plc, Welch Allyn Inc, Getinge AB, Burton Medical Products Corporation (Philips Lighting), Merivaara Corp, Brandon Medical Co Ltd, Steris Plc, and KLS Martin Group are major firms in the medical lighting technologies market.

Related Report:
Global Mobile Imaging Services Market - https://www.tritonmarketresearch.com/reports/mobile-imaging-services-market#report-overview

The global mobile imaging services market is expected to witness growth at a CAGR of 4.62% during the period of 2021-2028, garnering $2.07 billion in revenue by 2028.

Mobile imaging services are diagnostic imaging modalities, which are compact and can be shifted to different locations.

Factors such as proactive government initiatives, the rising elderly population, and rising incidences of chronic diseases are fueling the mobile imaging services market's progression.

In addition, the integration of machine learning and advanced computation with medical imaging, coupled with technological advancement in diagnostic imaging technologies, are opening new avenues for the mobile imaging services market.

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