UNITED STATES MEDICAL LIGHTING TECHNOLOGIES MARKET FORECAST 2021-2026

UNITED STATES MEDICAL LIGHTING TECHNOLOGIES MARKET FORECAST 2021-2026

  • May 2021 •
  • 165 pages •
  • Report ID: 6075223 •
  • Format: PDF
KEY FINDINGS
The United States medical lighting technologies market is evaluated to grow with a CAGR of 6.14% over the forecasting years. The market growth of the country is reinforced by chief factors such as the surging number of hospitals and the increasing healthcare expenditure. The base year considered for the market study is 2020, and the estimated period is from 2021 to 2026.

MARKET INSIGHTS
With one of the most extensive markets of medical lighting technologies, the United States’ healthcare expenditure has significantly increased over recent years.Moreover, the number of hospitals has also amplified across the country.

In this regard, the different types of facilities in the United States include religious non-medical health care institutions, Department of Defense hospitals, VA hospitals, rehabilitation hospitals, short-term acute care hospitals, long-term acute care hospitals, children’s hospitals, etc.
Well-established companies such as Integra Lifesciences Holdings Corporation, Stryker Corporation, A-dec Inc, and GE Healthcare, among others, offer medical lighting products in North America.In addition, advancements in medical lighting have made the technology highly energy-efficient, thereby minimizing the carbon dioxide produced.

The significant increase in the number of medical facilities, developments in medical lighting technologies, and government investments in healthcare effectively contribute towards the augmenting market demand. As a result, these factors are set to play a leading role in fueling the United States medical lighting technologies market during the forecasted years.

COMPETITIVE INSIGHTS
Some of the major companies operating in the market are Steris PLC, Stryker Corporation, Burton Medical Products Corporation (Philips Lighting), etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. BURTON MEDICAL PRODUCTS CORPORATION (PHILIPS LIGHTING)
2. CREE INC
3. STERIS PLC
4. STRYKER CORPORATION
5. WELCH ALLYN INC