Global Surgical Lights Market to Reach $2.8 Billion by 2030
The global market for Surgical Lights estimated at US$2 Billion in the year 2023, is expected to reach US$2.8 Billion by 2030, growing at a CAGR of 5.1% over the period 2023-2030. LED Surgical Lights, one of the segments analyzed in the report, is expected to record 6.2% CAGR and reach US$1.7 Billion by the end of the analysis period. Growth in the Other Technologies segment is estimated at 3.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $514.6 Million, While China is Forecast to Grow at 8.2% CAGR
The Surgical Lights market in the U.S. is estimated at US$514.6 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$640.9 Million by the year 2030 trailing a CAGR of 8.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
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