The Latin America, Middle East and Africa Surgical Lights Market would witness market growth of 7.7% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 1,331.3 Hundred Units, showcasing a growth of 10.2% (2024-2031).
In the market, ambulatory surgery centers (ASCs) represent a growing segment where surgical procedures are performed outside of traditional hospital settings. ASCs offer a convenient and cost-effective alternative for patients requiring outpatient surgical care, including minor surgeries and diagnostic procedures. Therefore, the ambulatory surgery centers of Brazil utilized 75.37 Hundred Units of these lights in 2023.
The Brazil market dominated the LAMEA Surgical Lights Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $127.1 million by 2031. The Argentina market is showcasing a CAGR of 8.3% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7.4% during (2024 - 2031).
Dubai, in the United Arab Emirates, has also seen a rise in medical tourism in recent years. The city is home to state-of-the-art medical facilities and many internationally accredited hospitals. Dubai's strategic location, world-class infrastructure, and reputation for luxury and hospitality make it an appealing destination for medical tourists seeking medical treatment and a luxury travel experience.
As more patients travel abroad for medical treatments and surgeries, the demand for high-quality medical equipment, including surgical lights, in destination countries rises correspondingly. Medical tourists often seek hospitals and clinics that offer modern equipment and technologies to ensure the best possible treatment outcomes. These provide optimal visibility during surgeries, enabling surgeons to perform procedures precisely and accurately.
In recent years, the region has seen a noticeable increase in cancer cases, driven by various factors, including an aging population, changes in lifestyle habits, and improved cancer screening and detection methods. According to the International Agency for Research on Cancer (IARC), the number of cancer cases in LAMEA is expected to nearly double by 2040, highlighting the urgent need for improved cancer care and management strategies in the region. Consequently, owing to the aforementioned factors, the market will grow rapidly in the region.
Free Valuable Insights: The Worldwide Surgical Lights Market is Projected to reach USD 5 Billion by 2031, at a CAGR of 5.7%
Based on Type, the market is segmented into Halogen, and LED. Based on End Use, the market is segmented into Hospital Operating Rooms, Ambulatory Surgery Centres, Procedure Rooms, and Others. Based on Application, the market is segmented into Cardiac Surgery, Gynecological Surgery, Neurosurgery, ENT Surgery, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Type (Volume, Hundred Units, USD Billion, 2020-2031)
By End Use (Volume, Hundred Units, USD Billion, 2020-2031)
By Application (Volume, Hundred Units, USD Billion, 2020-2031)
By Country (Volume, Hundred Units, USD Billion, 2020-2031)
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