The North America Surgical Lights Market would witness market growth of 4.9% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 3,131.8 Hundred Units, showcasing a growth of 15.5% (2020-2023).
In the market, halogen lighting technology has been a longstanding choice for illuminating operating rooms due to its reliability, brightness, and color accuracy. Halogen bulbs emit a white light spectrum that closely resembles natural sunlight, providing optimal visibility for surgeons during procedures. This color rendering capability is crucial for distinguishing subtle tissue characteristics and accurately assessing surgical sites, ensuring precision and safety during operations. Therefore, the US market utilized 2,750.0 Hundred Units of halogen lights in 2023.
The US market dominated the North America Surgical Lights Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,201.7 million by 2031. The Canada market is experiencing a CAGR of 7.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 6.4% during (2024 - 2031).
Mexico has gained significant recognition as a prominent medical tourism destination, attracting patients primarily from the United States and Canada. Mexico offers medical services, including dental care, cosmetic surgery, and bariatric procedures, at significantly lower costs than North America. For example, according to the Organisation for Economic Co-operation and Development (OECD), heart bypass (CABG) surgery prices in the US and Mexico are $113000 and $3250 respectively.
Surgical lights play a crucial role in modern healthcare settings, as they facilitate accurate diagnosis, efficient surgical procedures, and improved patient outcomes. Several factors drive the market, including technological advancements, increasing surgical procedures, emphasis on patient and staff safety, regulatory compliance, and the expansion of healthcare infrastructure in emerging markets. Their ergonomic designs facilitate easy positioning and manoeuvrability, allowing for precise lighting adjustments tailored to the specific requirements of each procedure.
North America has seen a rise in traumatic injuries due to various factors, including road accidents, sports injuries, and workplace accidents. These injuries often require emergency surgical intervention, highlighting the need for well-equipped operating rooms with advanced surgical lighting systems. As per the National Library of Medicine, childhood injuries are a major public health issue in Canada. Therefore, the region presents lucrative growth prospects for the market's growth.
Free Valuable Insights: The Surgical Lights Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.
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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