India Surgical Lights Market to grow at a Significant Rate During the Forecast Period
Rising demand for advanced
healthcare facilities is expected to drive the growth of India surgical lights
market during the forecast period.
According
to TechSci Research report, “India Surgical Lights Market By By Type (Operating
Lights Vs Examination Lights), By Technology (Light Emitting Diode (LED),
Halogen Lights), By Application (ENT Surgery, Gynaecological Surgery, Cardiac Surgery,
Neurosurgery, Others), By End-User (Hospitals, Ambulatory Surgical Centers
(ASCs), Speciality Clinics), By Company, By Region, Forecast &
Opportunities, FY2026”, the India surgical lights market
is expected to grow at a significant rate during the forecast period. Mounting
acceptance of advanced LED surgical lights is projected to act as major market
driven factor. Moreover, rising product demand for healthcare facilities such
as surgeries and invasive procedures is further expected to fuel the market
growth through FY2026. Furthermore, rise in regulatory approvals for operating
room equipment is estimated to boost India surgical lights market growth. Increased
public and private funding along with favorable government policies including exemptions
from taxes and duties for imported medical systems and drugs is further
expected to drive the market growth during the forecast period. However, high installation
cost of the product can restrict the market growth over the next few years.
Moreover, lack of awareness about the new installations in the
country can further hinder the market growth during the forecast period.
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The India surgical lights market is segmented based on type, technology,
application, end user, company, and region. Based on application, the market
can be fragmented into ENT surgery, gynecological surgery, cardiac surgery,
neurosurgery, others. The cardiac surgery segment is expected to dominate the
market in the forthcoming years on account of increase in incidence of
cardiovascular disorders across the country. Besides, gynecological surgery segment
is projected to witness high growing CAGR during the forecast years. This high
growth is accredited to upsurge in the number of childbirths by C-section. In
addition to this, rising gynecologic surgeries owing to high prevalence of
female reproductive system disorders, is further contributing to the growing
trend. Based on end user, the market can be categorized into hospitals, ambulatory
surgical centers, specialty clinics. Among these, the hospitals segment is
projected to hold the largest market share over the forecast period owing to increasing
number of well-equipped hospitals. Besides, rising demand for advanced and
hybrid ORs coupled with continuous investments in infrastructure for better
treatment, is forecasted to boost the segmental growth in the next 5 years.
Technomed India Pvt. Ltd.,
Hill-Rom India Pvt. Ltd., Getinge India Pvt. Ltd., Integra Life Sciences Pvt.
Ltd., Medinnova Systems Pvt. Ltd., Steris India Pvt. Ltd., Stryker India Pvt.
Ltd., Cognate India Pvt. Ltd., Skynex India Pvt. Ltd. (Skynexxotlight), United
Surgical Industries and
others are some of the leading players operating in India surgical lights market.
Companies operating in the market are using organic strategies such as product
launches, mergers and acquisitions and research collaborations to boost their
share and increase their geographic reach.
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“India surgical lights market is expected
to witness steady growth during the forecast period on account of rapid
technological advancements in the surgical lights. Along with this, increased
focus on offering better patient care across different healthcare facilities is
further forecasted to bode well for the growth of surgical lights market in the
country. Moreover, high prevalence of lifestyle diseases is further expected to
create lucrative opportunities for the market growth of India Surgical Lights
market over the next five years.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based India management consulting
firm.
“India Surgical Lights Market By Type (Operating
Lights Vs Examination Lights), By Technology (Light Emitting Diode (LED),
Halogen Lights), By Application (ENT Surgery, Gynaecological Surgery, Cardiac
Surgery, Neurosurgery, Others), By End-User (Hospitals, Ambulatory Surgical
Centers (ASCs), Speciality Clinics), By Company, By Region, Forecast &
Opportunities, FY2026”, has
evaluated the future growth potential of India surgical lights market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in India surgical lights market.
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