Global Medical Facility Lighting Systems Market to Reach US$1.3 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.

Share Article

GIA announces the release of a comprehensive global report on Medical Facility Lighting Systems markets. The global market for Medical Facility Lighting Systems is forecast to reach US$1.3 billion by the year 2015. Factors fueling market growth include initiatives being implemented by various governments for enhancing medical and healthcare infrastructure and quantitative expansion of private sector healthcare facilities.

Medical Facility Lighting Systems: A Global Strategic Business Report

Medical facility lighting systems market has been witnessing a moderate decline in year-over-year growth rate since 2006. Worldwide economic turmoil had its impression on the market during 2008 and 2009. However, overall impact of economic downturn stood more or less moderate as demand for medical facility lighting systems continued to grow. The market is likely to improve in coming years driven by initiatives by several governments, especially in developing regions such as Asia-Pacific and Latin America, focused on enhancing medical and healthcare infrastructure in their respective countries. Further, growing number of hospital-going population and quantitative expansion of private sector healthcare facilities in various parts of the world are expected to improve demand for medical facility lighting systems in a major way.

The United States represents the largest regional market for medical facility lighting systems worldwide, as stated by the new market research report on Medical Facility Lighting Systems. Healthcare market in the US is huge and demand for medical facility lighting systems is significantly higher in the country. However, economic turmoil affected healthcare market with considerable drop in consumer spending on healthcare infrastructure, thereby resulting in decline in demand for medical facility lighting systems. Europe represents other major market for medical facility lighting systems. By 2015, Europe is expected to evolve as the largest market for medical facility lighting systems replacing the US market. However, Asia-Pacific represents the fastest growing regional market for medical facility lighting systems and is projected to demonstrate a CAGR of more than 5.0% over the analysis period. Latin America represents other potential market for medical facility lighting systems.

Surgical Lights category represents the largest product segment in global medical facility lighting systems market. Surgical lighting systems are primarily used in operation theaters during surgical procedures. Vein Lights category represents the fastest growing product segment. Market for vein lights is poised to exhibit a CAGR of about 6.0% over the analysis period.

Invention of artificial lighting has revolutionized the lifestyle of mankind. Technological advancements in lighting system have been playing a crucial role in improving ever-growing human activities in all spheres, including the critical medical domain. These have become bare necessities in performing simple to critical medical activities and to significantly enhance clinical outcomes. Advent of advanced lighting systems drastically changed the way in which procedures are performed in hospitals and healthcare institutes. Employing advanced lighting systems, surgeons can perform surgical techniques with much greater success rates. Superior performance, ultra-modern lighting systems are being developed with advanced filter and reflection systems that provide excellent quality of light, which is free from thermal loading, and eliminates falsified color illumination. Additionally, these advanced lighting systems facilitate medical personnel such as surgeons and dentists to concentrate and work effectively for long duration of time sans fatigue.

Major players profiled in the report include A-dec Inc., BERCHTOLD Corporation, Burton Medical Products Inc., DentalEZ ® Group, Derungs Licht AG, Getinge AB, GETINGE USA Inc., Integra LifeSciences Corporation, MAQUET SA, Medical Illumination International, PerkinElmer Optoelectronics, Skytron, Steris Corp., Vista Lighting, and Welch Allyn Inc.

The report titled “Medical Facility Lighting Systems: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of medical facility lighting systems markets, current market trends, competitive scenario, key growth drivers, product overview, recent product introductions, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for medical facility lighting systems market for the following geographic markets - US, Canada, Japan, Europe, Asia-Pacific, and Latin America. Key product segments analyzed include General Examination Lights, Ceiling Mount Examination, Surgical Lights, Surgical Headlights, Patient Room Lighting, General Hospital Lighting, Dental Lights, Dental Surgical Operating, Battery-Powered Pen Lights, Special Germicidal UV-Ray, Phototherapy Lights, and Vein Lights. Also, a seven-year (2000-2006) historic analysis is provided for additional perspective.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Medical_Facility_Lighting_Systems_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com/

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Public Relations
Visit website

Media