OPERATING TABLES AND LIGHTS MARKET ANALYSIS
The global operating tables and lights market is estimated to be valued at US$ 1,382.0 million in 2021 and expected to exhibit a CAGR of 3.9% during the forecast period (2021-2028).
Figure 1. Global Operating Tables and Lights Market Share (%), By Product, 2021
The rising number of surgical procedures and interventions is expected to drive the market growth during the forecast period.
The increasing number of surgical procedures and interventions is expected to drive the global operating tables and lights market growth over the forecast period. For instance, according to data published in National Center for Biotechnology Information (NCBI) in 2020, a staggering 310 million major surgeries are performed each year globally, including 40 to 50 million in the U.S. and 20 million in Europe.
Advantages of Light Emitting Diode (LED) technology over conventional lighting systems are expected to drive the market growth during the forecast period
Advantages of LED technology over conventional lighting system are expected to drive the global operating tables and lights market growth during the forecast period. Advantages of LED technology include long life, improved efficiency, eco-friendly, durable, and more dispersed light over conventional lighting systems and this is expected to be a major factor for increasing adoption of LEDs
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