According to the research report titled ‘GLOBAL MEDICAL LIGHTING TECHNOLOGIES MARKET 2021-2028’, available with MarketStudyReport, global medical lighting technologies market is anticipated to grow with a CAGR of 5.75% during 2021-2028.

Growing investments in the healthcare industry, new technological trends, and increasing number of hospitals are the major growth stimulants for global medical lighting technologies market.

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Furthermore, the utilization of environmentally friendly technologies, in conjunction with usage of LED lighting for healing processes are expected to bolster the industry trends during the forecast period of 2021-2028

On the contrary, high cost of LED lighting products, in consort with the hazards associated with LED lighting overexposure may impede the market expansion during the analysis timeframe.

On the basis of type terrain, the market is divided surgical lighting system (wall mounted, mobile, headlights, ceiling mounted, others), examination lighting system (rail mounted, floor standing, ceiling-mounted, table-top, wall-mounted, mobile, others), specialty lighting, and accessories.

In terms of product ambit, global medical lighting technologies marketplace is categorized into incandescent & halogen, fluorescent lighting technologies, LED, and others. Based on application gamut, the industry is branched into ICU, examination rooms, operating rooms/surgical suits, and others.

Regionally, the market trend study spans across North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. Among these, Asia Pacific industry is slated to showcase impressive growth curve during the forecast timeframe. The expansion is attributed to flourishing healthcare sector, ever-increasing elderly population, in consort with rising number of patients with chronic illnesses, surging government investments to improve healthcare infrastructure in the region.

Steris plc, Getinge AB, KLS Martin Group, Integra Lifesciences Holdings Corporation, GE Healthcare, A-Dec Inc., Burton Medical Products Corporation (Philips Lighting), Eaton Corporation plc, Stryker Corporation, Cree Inc., Trilux GmbH & Co. KG, Brandon Medical Co. Ltd., Merivaara Corp., Daray Medical, Draegerwerk AG & Co. KGAA, and Welch Allyn Inc. are the major players in worldwide medical lighting technologies marketplace.