The veterinary procedure lights market size is projected to be valued at USD 303.8 million in 2023 and is expected to rise to USD 463.9 million by 2033. The sales of veterinary procedure lights are anticipated to expand at a significant CAGR of 4.3% during the forecast period.
Veterinary procedure lights market survey explains the growing technology and innovation along with the importance of surgical lights during operational repositioning. These procedure lights are generally used in minimally invasive procedures that need enough precision. Further, the latest development in light technology and new developments are trends to push the sales of veterinary procedure lights.
The advent of new LED lights that have more illumination coupled with better efficiency is setting up growth prospects for veterinary procedure lights. These lights involve operating room lights, exam lights, and diagnostic & handheld lights.
The reason behind the growing number of veterinary clinics and healthcare centers is the rising pet humanization, especially among pet owners who have started treating their pets as their own family members. This is further extended to the monthly vet check-ups, diagnosis, and treatment. This is expected to increase the demand for veterinary procedure lights during the forecast period.
The need for better veterinary equipment is growing because of the high pet adoption trend in Western countries. The government supports the initiative to push these growth prospects for the veterinary procedure lights market. Further, the expanding veterinary procedure market size is the outcome of these factors and is forecasted to thrive while integrating these devices with Artificial Intelligence, Internet of Things (IoT) and Nano Technology.
| Attributes | Details |
|---|---|
| Market CAGR | 4.3% |
| Market Valuation (2023) | USD 303.8 million |
| Market Valuation (2033) | USD 463.9 million |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The market is estimated to witness an absolute dollar growth of USD 170.8 million between comparison periods. This can be attributed to factors such as the rising awareness about animal healthcare, increasing pet ownership, and advancements in veterinary procedures.
Additionally, veterinary clinics and hospitals have been adopting advanced lighting solutions to improve the efficiency and accuracy of their procedures, leading to a positive market growth.
The forecast for the veterinary procedure lights market from 2023 to 2033 indicates substantial growth potential. Further, the market is expected to witness a surge in demand due to several factors. Firstly, the continuous growth in pet ownership and the increasing emphasis on pet healthcare, which are likely to drive the need for veterinary procedures, consequently, boosting the demand for procedure lights.
The growing focus on animal welfare and the rising demand for precision and accuracy in veterinary procedures might propel the adoption of high-quality procedure lights. Moreover, veterinarians and veterinary facilities might seek lighting solutions that offer better visibility and optimal lighting conditions for successful procedures, thereby driving the market growth.
The rising adoption of pets has led to increasing incidences of injuries to pets because of accidents and adventure. The authorities across the world are taking initiatives for the betterment of the health of pets. This is expected to increase the demand for veterinary procedures light.
In Western countries like United States of America and the United Kingdom, increasing emphasis is being laid on making certain practices cat friendly. Also, international agencies such as UK Science have made significant funding contributions to the global eradication of the disease by vaccination and treatment of stray dogs.
There are several sports events that are conducted, especially for pets. Consequently, many times, pets suffer from injuries while taking part in such events. Sports injuries are expected to drive the veterinary radiography devices market.
Several sports and adventure events are conducted in the United States and are also recording many registrations for the event. This as well is expected to increase the sales of veterinary procedure lights. Moreover, there has been an increase in disposable income. Owing to this, people buy not one pet but even two or three. The adoption of pets has a number of benefits on a psychological level. All these will ultimately drive the veterinary procedure lights market.
One of the key challenges associated with the veterinary procedure lights market is the cost associated with veterinary procedures. Moreover, there is a small number of veterinary care clinics, which leads to a huge gap between demand and supply. This might hamper the demand for veterinary procedure lights. Also, the lack of public pet insurance services and others may hinder the growth of the veterinary procedure lights market.
Principal Consultant
Surgical lights that produce high illumination with low wattage consumption are considered to save more money than the other conventional veterinary procedure lights. Preference of LED lights over halogen lights is setting up growth trends for surgical procedure lights. Another growth trend involves the preference for lights with lower heat emitting levels so that the patients get less affected through the heat.
Brands are producing veterinary bulbs with a high shelf life and predictable performance for an operating room setting.
North America is estimated to account for significant share, followed by Europe. The stats explain that North America market holds a significant share in the veterinary procedure lights market, with 37.4% of the global market share.
Increasing adoption of pets and involvement in sports activities, rise in incidences of veterinary diseases, rise in veterinary practices, and others are reasons for the increase in the sales of veterinary procedure lights in the forecast period.
With a global market share of 29.2% in 2022, Europe’s veterinary procedure lights market expands at a steady CAGR for veterinary procedure lights. The second largest market held by Europe market is due to increasing awareness of veterinary diseases.
An increase in demand for pet care, emerging associations for animal care, government support, and modernized healthcare systems are a few important factors that control the growth of the veterinary procedure light market in Europe region, flourishing the veterinary procedure lights market share in the region.
China has emerged as a prominent player in the market, with its growing veterinary industry and increasing emphasis on animal healthcare. China's expanding pet ownership and rising awareness about veterinary care have fueled the demand for veterinary procedures, consequently driving the need for high-quality procedure lights.
Veterinary clinics and hospitals in China have been adopting advanced lighting solutions to enhance the accuracy and efficiency of their procedures, contributing to the market growth.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Examination lights play a crucial role in providing optimal illumination during veterinary examinations and diagnostic procedures. The demand for examination lights in the veterinary sector is driven by the need for precise and detailed examinations. Further, these lights help veterinarians visualize specific areas of the animal's body, enabling them to identify abnormalities, perform minor procedures, and administer treatments with precision.
Examination lights are essential for ensuring the safety and comfort of both veterinarians and animals during procedures. Further, the proper illumination provided by these lights allows veterinarians to work efficiently and minimizes the risk of errors or accidents.
Veterinary hospitals hold a prominent share of 42.40% in the veterinary procedure lights market. The demand for veterinary procedure lights in veterinary hospitals is driven by the need for efficient and effective medical interventions. Additionally, these lights help veterinarians visualize the surgical site, diagnose conditions, and perform delicate procedures with accuracy. They also contribute to the overall safety and success of veterinary surgeries and treatments.
The number of veterinary hospitals is growing globally with the increasing focus on animal welfare and advancements in veterinary medicine. This expansion in veterinary healthcare infrastructure further drives the demand for veterinary procedure lights. As veterinary hospitals continue to invest in modernizing their facilities and enhancing medical equipment, the market for procedure lights is expected to witness steady growth.
The veterinary procedure lighting industry is highly fragmented, with numerous significant companies. A few big firms presently dominate the industry in terms of market share. Medical Illumination, Midmark Corporation, Suburban Surgical Co., Inc., Sunnex Group, ACEM S.p.A, and MDS Incorporated are some of the industry leaders.
Recent Developments:
| Attributes | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD million for Value |
| Key Countries Covered | The United States, Canada, Germany, The United Kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa |
| Key Segments Covered | Product Type, Modality, End User, Region |
| Key Companies Profiled | Sunnex Group; Dispomed ltd; ACEM S.p.A; Philips Lighting Holding B.V; HAEBERLE Midmark Corporation; Atena Lux; Avante Health Solutions Company; MDS Incorporated.; Suburban surgical Co Inc |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The market is predicted to expand at 4.3% CAGR from 2023 to 2033.
The rising awareness and high availability of the technology drive the market.
The market is expected to surpass USD 463.9 million by 2033.
The market is expected to hit a value of USD 303.8 million by 2023.
The market is valued at USD 303.8 million in 2023.
A majority share of 42.40% is held by veterinary hospitals.
The market is forecast to register a CAGR of 4.3% through 2033.
North America is likely to generate 37.4% revenue in 2023.
Surgical lights and cost-effective devices to grow the market
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Examination Lights 5.2. Surgery Lights 5.3. Frontal Binocular Microscope and Headlights 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Modality 6.1. Floor Stand 6.2. Wall Mount 6.3. Single Head Ceiling Mount 6.4. Double Head Ceiling Mount 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End User 7.1. Veterinary Hospitals 7.2. Veterinary Clinics 7.3. Veterinary Diagnostic Centers 7.4. Others 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Sunnex Group 18.2. Dispomed Ltd 18.3. ACEM S.p.A 18.4. Philips Lighting Holding B.V 18.5. HAEBERLE Midmark Corporation 18.6. Atena Lux 18.7. Avante Health Solutions Company 18.8. MDS Incorporated 18.9. Suburban Surgical Co Inc 18.10. Medical Illumination 18.11. Burtons Medical Equipment Ltd 19. Assumptions & Acronyms Used 20. Research Methodology
Explore Healthcare Insights
View Reports
Veterinary Procedure Lights Market
