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India Surgical Lights Market

India Surgical Lights Market

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India Surgical Lights Market, By Type (Operating Lights, Examination Lights); By Application (ENT Surgery, Gynecological Surgery, Cardiac Surgery, Neurosurgery, Others); By Technology (Light Emitting Diode (LED), Halogen Lights); By End User (Hospitals & Clinics, Ambulatory Surgical Centers (ASCs), Specialty Clinics); By Region (North India, South India, East India, West India), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

  • Published Date: July 2024
  • Report ID: BWC24501
  • Available Format: PDF
  • Page: 200

Report Overview

A rapidly rising number of surgical procedures due to growing healthcare awareness, expansion of healthcare infrastructure supported by governments’ initiatives and private investments, and the thriving medical tourism sector driving demand for high quality surgical equipment are expected to drive India Surgical Lights Market during the forecast period between 2024 and 2030.

India Surgical Lights Market – Industry Trends & Forecast Report, 2030

India Surgical Lights Market size by value was estimated at USD 5.08 million in 2023. During the forecast period between 2024 and 2030, India Surgical Lights Market size is projected to grow at a CAGR of 8.34% reaching a value of USD 7.95 million by 2030. A prominent driver of the market is increasing adoption of technological advancements in lighting technology, which have led to the development of innovative surgical lighting solutions enhancing visibility and lighting control. The increasing acceptance of advanced LED surgical lights is expected to fuel market growth significantly. Notably, rising demand in healthcare facilities for surgeries and invasive procedures is expected to drive market expansion through FY2026. Also, the surge in regulatory approvals for operating room equipment is anticipated to bolster market growth in India. Increased public and private funding, combined with favorable government policies such as tax exemptions on imported medical systems and drugs, are further expected to stimulate market dynamics during the forecast period. These factors collectively contribute to an optimistic outlook for India Surgical Lights Market, underlining its crucial role in enhancing surgical precision and patient outcomes.

India Surgical Lights Market

By volume, India Surgical Lights Market size was estimated at 15,835 Units in 2023. During the forecast period between 2024 and 2030, India Surgical Lights Market size is projected to grow at a CAGR of 8.55% reaching the volume of 18,908 Units by 2030. In 2018, India Surgical Lights Market was valued at approximately Rs 243 crore, comprising 6,000 units, with 1,800 units imported and 4,200 units from domestic brands. The imported segment accounted for Rs 180 crore in value, while the Indian segment totaled Rs 63 crore. Imported lights held a 30% share by value, compared to a 16% share for imported OT tables in volume terms.

Surgical Lights – Overview

Surgical lights, also known as operating lights or surgical lighting, are essential in hospital operating rooms and ambulatory surgery centers, and find applications in emergency rooms, labor and delivery suites, examination rooms, and other procedural areas within medical facilities. They are utilized by clinicians, surgeons, and proceduralists to illuminate the operative site during procedures, ensuring optimal visualization. These lights deliver bright illumination for extended periods without generating excessive heat, thereby maintaining comfort for both patients and medical staff. Various types of surgical lights are available to cater to specific needs during surgeries and medical procedures. Examination lights, for instance, are used during medical examinations, while specialized operating room lights are specifically designed for surgical procedures, enhancing precision and safety throughout the healthcare environment.

India Surgical Lights Market

Growth Drivers

Increasing Number of Surgical Procedures

In India, the volume of surgical procedures is surging due to population growth, disease prevalence, and medical advancements. This surge underscores a heightened demand for high-quality surgical lights, essential for precise and accurate surgical interventions. India faces a rising burden of diseases, prompting more surgeries, including complex procedures such as organ transplants and cardiovascular surgeries. The expansion of healthcare infrastructure, marked by multispecialty hospitals, emphasizes patient care and safety, necessitating advanced surgical lighting systems. Government initiatives to improve healthcare facilities and the country's role in medical tourism further propel the demand for these lighting solutions. As India's healthcare landscape evolves, the need for innovative surgical lights remains critical, ensuring optimal surgical outcomes nationwide.

Expansion of Healthcare Infrastructure

India's healthcare infrastructure is undergoing rapid expansion, bolstered by substantial government initiatives and private investments. The transformation is pivotal for accommodating the escalating number of surgical procedures across urban and rural areas. Integral to this advancement are surgical lights, crucial for ensuring precise illumination during operations. The proliferation of state of the art hospitals equipped with advanced technologies underscores the nation's commitment to enhancing healthcare services. Simultaneously, India's burgeoning medical tourism sector, renowned for cost-effective treatments, amplifies the demand for sophisticated surgical equipment, including high-quality surgical lights. The convergence of factors highlights the critical role of well-lit operating theatres in achieving optimal surgical outcomes and underscores the pivotal growth of the surgical lights market within India's evolving healthcare landscape.

Challenges

High Cost of Advanced Surgical Light

Excessive cost of advanced surgical lights with sophisticated features can be a significant barrier to the growth of India Surgical Lights Market. Surgical Lights are essential for providing optimal illumination during surgical procedures, ensuring precision and safety. However, the high costs associated with acquiring and installing these advanced lights pose a barrier, particularly for healthcare facilities with limited financial resources. The financial hurdle limits widespread adoption and upgrades within the market, potentially hindering the overall growth and modernization of surgical facilities across the country. Despite the growing demand driven by increasing surgical procedures and healthcare infrastructure development, addressing the cost barrier remains crucial for fostering broader accessibility and utilization of advanced surgical lighting solutions in India.

Impact of Escalating Geopolitical Tensions on India Surgical Lights Market

Escalating geopolitical tensions among countries across regions could have a significant impact on the growth of India Surgical Lights Market. Uncertainties stemming from geopolitical instability can disrupt supply chains, leading to potential shortages of critical components and materials necessary for manufacturing surgical lights. Moreover, fluctuating currency exchange rates and trade policies under such conditions may increase the cost of imported equipment and technology, impacting market affordability and accessibility. These factors collectively create a challenging business environment, affecting market dynamics and growth prospects for both domestic manufacturers and international suppliers operating in India healthcare sector.

India Surgical Lights Market

Segmental Coverage

India Surgical Lights Market – By Type

On the basis of type, India Surgical Lights Market is split into Operating Lights and Examination Lights segments. The operating lights segment holds a higher share in India Surgical Lights Market by type. It is primarily due to its specialized role in providing precise illumination during surgical procedures. These lights are designed to deliver intense, focused light that aids surgeons in performing operations with accuracy and efficiency. Compared to examination lights, which are primarily used for diagnostic purposes and general examinations, operating lights are essential in operating rooms across healthcare facilities. The demand for operating lights is driven by the increasing number of surgical procedures, advancements in surgical techniques, and the ongoing modernization of healthcare infrastructure in India, emphasizing their significant market dominance.

India Surgical Lights Market Demand

India Surgical Lights Market – By Application

Based on application, India Surgical Lights Market is segmented into ENT Surgery, Gynecological Surgery, Cardiac Surgery, and Neurosurgery segments. The cardiac surgery segment holds the highest share in India Surgical Lights Market by application. It is primarily due to the critical need for precise illumination during intricate heart procedures. Surgical lights play a pivotal role in ensuring optimal visibility for surgeons, enhancing procedural accuracy and patient safety in cardiac surgeries. Meanwhile, gynecological surgery is expected to witness the fastest growth rate during the forecast period. It is driven by an increase in C-section deliveries. Also, the rising number of gynecologic surgeries, stemming from a high prevalence of female reproductive system disorders, is also contributing to this upward trend.

India Surgical Lights Market – By Technology

By technology, India Surgical Lights Market is bifurcated into Light Emitting Diode (LED) and Halogen Lights segments. The LED segment holds a higher share in India Surgical Lights Market by technology, due to growing awareness about LED lights’ energy efficiency and environmental advantages. Incentive programs aimed at encouraging large healthcare facilities to adopt LED technology further bolster this trend, aiming to improve patient experiences. Also, the rise in medical tourism, particularly in countries like India, is anticipated to significantly boost market expansion. As more patients opt for advanced healthcare services, the demand for modern facilities equipped with efficient lighting solutions is expected to grow. These dynamics underscore a promising trajectory for the LED lighting market, highlighting a shift towards sustainable and patient-focused lighting solutions within healthcare settings.

India Surgical Lights Market Trend

India Surgical Lights Market – By End User

Based on end user, India Surgical Lights Market is divided into Hospital, Ambulatory Surgery Centers, and Specialty Clinics segments. The hospital segment holds the highest share in India Surgical Lights Market by end user. It is primarily due to expanding installations and demand for surgical lights essential for delivering effective healthcare services. Increased adoption of energy-efficient LED and Xenon lamps, known for their superior illumination, alongside the growing number of hospitals in developing countries, fuels this market expansion. In India, governmental backing for energy-efficient initiatives tailored to hospitals further accelerates market development, promoting sustainable healthcare infrastructure. These efforts not only reduce carbon footprints but also support global trends towards sustainable healthcare practices, emphasizing environmental responsibility and technological advancement in the healthcare sector.

India Surgical Lights Market Share

India Surgical Lights Market – By Region

The in-depth research report on India Surgical Lights Market covers the market in the country’s major regions: North India, South India, East India, and West India regions. Regionally, North India holds the highest share in India Surgical Lights Market and is expected to maintain its dominance during the period in analysis. The region hosts a high concentration of top-tier healthcare facilities, ensuring widespread access to superior medical services. Rapid advancements in medical infrastructure further bolster market growth. Major urban centers within North India enhance its prominence as a hub for adopting and innovating cutting-edge medical technologies. With a robust combination of healthcare expertise, state of the art facilities, and a conducive environment for progress, North India remains at the forefront of India Surgical Lights Market.

Competitive Landscape

Major players operating in India Surgical Lights Market include Technomed India Pvt Ltd, Hill-Rom India Private Ltd, Getinge Medical India Pvt Ltd, Integra Life Sciences Pvt Ltd, Medinnova Systems Pvt Ltd, Steris Healthcare Pvt Ltd, Stryker India Pvt Ltd, Cognate India Medical Pvt Ltd, Skynex India Pvt Ltd, and United Surgical Industries. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

 

Attributes

Details

Years Considered

Historical Data – 2019–2030

Base Year – 2023

Estimated Year – 2024

Forecast Period – 2024–2030

Facts Covered

By Value - USD Million

By Volume - Units

Market Coverage

India 

Product/ Service Segmentation

Type, Application, Technology, End User, Region

Key Players

Technomed India Pvt Ltd, Hill-Rom India Private Ltd, Getinge Medical India Pvt Ltd, Integra Life Sciences Pvt Ltd, Medinnova Systems Pvt Ltd, Steris Healthcare Pvt Ltd, Stryker India Pvt Ltd, Cognate India Medical Pvt Ltd, Skynex India Pvt Ltd, United Surgical Industries

 

By Type

  • Operating Lights

  • Examination Lights

By Application

  • ENT Surgery

  • Gynecological Surgery

  • Cardiac Surgery

  • Neurosurgery

By Technology

  • Light Emitting Diode (LED)

  • Halogen Lights

By End User

  • Hospitals & Clinics

  • Ambulatory Surgical Centers (ASCs)

  • Specialty Clinics

By Region

  • North India

  • South India

  • East India

  • West India

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. India Surgical Lights Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Rising number of surgical procedures due to increased healthcare awareness
        2. Expansion of healthcare infrastructure supported by government initiatives and private investments
        3. Growth in medical tourism driving demand for high-quality surgical equipment
      2. Restraints
        1. High initial investment required for advanced surgical lights
        2. Shortage of skilled workforce for operation and maintenance
        3. Dependency on imported surgical lights, exposing the market to supply chain risks
      3. Opportunities
        1. Promotion of domestic manufacturing under initiatives like "Make in India."
        2. Increasing demand for refurbished surgical lights
        3. Surge in minimally invasive surgeries
      4. Challenges
        1. Price sensitivity among healthcare providers
        2. Lack of awareness about the benefits of advanced surgical light features
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. India Surgical Lights Market: Marketing Strategies
  5. India Surgical Lights Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
        1. Operating Lights
        2. Examination Lights
      2. By Application
        1. ENT Surgery
        2. Gynecological Surgery
        3. Cardiac Surgery
        4. Neurosurgery
        5. Others
      3. By Technology
        1. Light Emitting Diode (LED)
        2. Halogen Lights
      4. By End User
        1. Hospitals & Clinics
        2. Ambulatory Surgical Centers (ASCs)
        3. Specialty Clinics
      5. By Region
        1. North India
        2. South India
        3. East India
        4. West India
  6. North India Surgical Lights Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Technology
      4. By End User
  7. South India Surgical Lights Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Technology
      4. By End User
  8. East India Surgical Lights Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Technology
      4. By End User
  9. West India Surgical Lights Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Technology
      4. By End User
  10. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. India Surgical Lights Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  11. Impact of Escalating Geopolitical Tensions on India Surgical Lights Market
  12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. Technomed India Pvt Ltd
    2. Hill-Rom India Private, Ltd
    3. Getinge Medical India Pvt Ltd
    4. Integra Life Sciences Pvt Ltd
    5. Medinnova Systems Pvt Ltd
    6. Steris Healthcare Pvt Ltd
    7. Stryker India Pvt Ltd
    8. Cognate India Medical Pvt Ltd
    9. Skynex India Pvt Ltd
    10. United Surgical Industries
    11. Other Prominent Players
  13. Key Strategic Recommendations
  14. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

 

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

 

 

List of Figures

 

Figure 1       India Surgical Lights Segmentation

Figure 2       India Surgical Lights Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

Figure 4       India Surgical Lights Market Size, By Value (USD Million), 2019–2030

Figure 5       India Surgical Lights Market Share, By Type, By Value, 2019–2030

Figure 6       India Surgical Lights Market Share, By Application, By Value, 2019–2030

Figure 7       India Surgical Lights Market Share, By Technology, By Value, 2019–2030

Figure 8       India Surgical Lights Market Share, By End User, By Value, 2019–2030

Figure 9       North India Surgical Lights Market Size, By Value (USD Million), 2019–2030

Figure 10     North India Surgical Lights Market Share, By Type, By Value, 2019–2030

Figure 11     North India Surgical Lights Market Share, By Application, By Value, 2019–2030

Figure 12     North India Surgical Lights Market Share, By Technology, By Value, 2019–2030

Figure 13     North India Surgical Lights Market Share, By End User, By Value, 2019–2030

Figure 14     South India Surgical Lights Market Size, By Value (USD Million), 2019–2030

Figure 15     South India Surgical Lights Market Share, By Type, By Value, 2019–2030

Figure 16     South India Surgical Lights Market Share, By Application, By Value, 2019–2030

Figure 17     South India Surgical Lights Market Share, By Technology, By Value, 2019–2030

Figure 18     South India Surgical Lights Market Share, By End User, By Value, 2019–2030

Figure 19     East India Surgical Lights Market Size, By Value (USD Million), 2019–2030

Figure 20     East India Surgical Lights Market Share, By Type, By Value, 2019–2030

Figure 21     East India Surgical Lights Market Share, By Application, By Value, 2019–2030

Figure 22     East India Surgical Lights Market Share, By Technology, By Value, 2019–2030

Figure 23     East India Surgical Lights Market Share, By End User, By Value, 2019–2030

Figure 24     West India Surgical Lights Market Size, By Value (USD Million), 2019–2030

Figure 25     West India Surgical Lights Market Share, By Type, By Value, 2019–2030

Figure 26     West India Surgical Lights Market Share, By Application, By Value, 2019–2030

Figure 27     West India Surgical Lights Market Share, By Technology, By Value, 2019–2030

Figure 28     West India Surgical Lights Market Share, By End User, By Value, 2019–2030

 

 

List of Tables

 

Table 1        India Surgical Lights Market Size, By Value (USD Million), 2019–2030

Table 2        India Surgical Lights Market Share, By Type, By Value, 2019–2030

Table 3        India Surgical Lights Market Share, By Application, By Value, 2019–2030

Table 4        India Surgical Lights Market Share, By Technology, By Value, 2019–2030

Table 5        India Surgical Lights Market Share, By End User, By Value, 2019–2030

Table 6        North India Surgical Lights Market Size, By Value (USD Million), 2019–2030

Table 7        North India Surgical Lights Market Share, By Type, By Value, 2019–2030

Table 8        North India Surgical Lights Market Share, By Application, By Value, 2019–2030

Table 9        North India Surgical Lights Market Share, By Technology, By Value, 2019–2030

Table 10      North India Surgical Lights Market Share, By End User, By Value, 2019–2030

Table 11      South India Surgical Lights Market Size, By Value (USD Million), 2019–2030

Table 12      South India Surgical Lights Market Share, By Type, By Value, 2019–2030

Table 13      South India Surgical Lights Market Share, By Application, By Value, 2019–2030

Table 14      South India Surgical Lights Market Share, By Technology, By Value, 2019–2030

Table 15      South India Surgical Lights Market Share, By End User, By Value, 2019–2030

Table 16      East India Surgical Lights Market Size, By Value (USD Million), 2019–2030

Table 17      East India Surgical Lights Market Share, By Type, By Value, 2019–2030

Table 18      East India Surgical Lights Market Share, By Application, By Value, 2019–2030

Table 19      East India Surgical Lights Market Share, By Technology, By Value, 2019–2030

Table 20      East India Surgical Lights Market Share, By End User, By Value, 2019–2030

Table 21      West India Surgical Lights Market Size, By Value (USD Million), 2019–2030

Table 22      West India Surgical Lights Market Share, By Type, By Value, 2019–2030

Table 23      West India Surgical Lights Market Share, By Application, By Value, 2019–2030

Table 24      West India Surgical Lights Market Share, By Technology, By Value, 2019–2030

Table 25      West India Surgical Lights Market Share, By End User, By Value, 2019–2030

Table 26      Technomed India Pvt Ltd Company Overview

Table 27      Technomed India Pvt Ltd Financial Overview

Table 28      Hill-Rom India Private, Ltd Company Overview

Table 29      Hill-Rom India Private, Ltd Financial Overview

Table 30      Getinge Medical India Pvt Ltd Company Overview

Table 31      Getinge Medical India Pvt Ltd Financial Overview

Table 32      Integra Life Sciences Pvt Ltd Company Overview

Table 33      Integra Life Sciences Pvt Ltd Financial Overview

Table 34      Medinnova Systems Pvt Ltd Company Overview

Table 35      Medinnova Systems Pvt Ltd Financial Overview

Table 36      Steris Healthcare Pvt Ltd Company Overview

Table 37      Steris Healthcare Pvt Ltd Financial Overview

Table 38      Stryker India Pvt Ltd Company Overview

Table 39      Stryker India Pvt Ltd Financial Overview

Table 40      Cognate India Medical Pvt Ltd Company Overview

Table 41      Cognate India Medical Pvt Ltd Financial Overview

Table 42      Skynex India Pvt Ltd Company Overview

Table 43      Skynex India Pvt Ltd Financial Overview

Table 44      United Surgical Industries Company Overview

Table 45      United Surgical Industries Financial Overview

Table 46      Other Prominent Players Company Overview

Table 47      Other Prominent Players Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: India Surgical Lights Market size by value was estimated at USD 5.08 million by value and at 15,835 units by volume in 2023.
Ans: India Surgical Lights Market is expected to grow at CAGRs of 8.34% and 8.34% by value and volume, respectively, during the forecast period between 2024 and 2030.
Ans: By 2030, India Surgical Lights Market size is forecast to reach a value of USD 7.95 million and a volume of 18,908 units.
Ans: The growth of India Surgical Lights Market is primarily driven by the rising number of surgical procedures due to increased healthcare awareness, expansion of healthcare infrastructure supported by government initiatives and private investments, and growth in medical tourism driving demand for high-quality surgical equipment.
Ans: Key players in India Surgical Lights Market include Technomed India Pvt Ltd, Hill-Rom India Private Ltd, Getinge Medical India Pvt Ltd, Integra Life Sciences Pvt Ltd, Medinnova Systems Pvt Ltd, Steris Healthcare Pvt Ltd, Stryker India Pvt Ltd, Cognate India Medical Pvt Ltd, Skynex India Pvt Ltd, and United Surgical Industries.
Ans: North India is expected to grow at the fastest CAGR in India Surgical Lights Market during the forecast period between 2024 and 2030.