The veterinary procedure lights market size is projected to increase from an estimated value of USD 303.8 million in 2023 to a value of USD 463.9 million by 2033, with a stable compound annual growth rate (CAGR) of 4.9%.
A veterinary procedure light market report emphasizes the importance of surgical lights for operational repositioning in addition to the quickly developing sectors of innovation and technology. These process lights are usually used for sufficiently accurate minimally invasive procedures. Furthermore, new inventions and the latest developments in light technology are propelling the market for veterinary procedure lights.
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The increasing pet humanization, particularly among pet owners who have begun to treat their animals as members of their own families, is the cause of the expanding number of veterinary clinics and healthcare facilities. This also includes the monthly examinations, diagnosis, and care provided by veterinarians. For the duration of the forecast period, this is anticipated to raise demand for veterinary procedure lights.
Better veterinary equipment is becoming more and more necessary due to the strong trend of pet adoption in Western nations. The attempt to promote these growth opportunities for the veterinary process lights industry is supported by the government. Furthermore, as a result of these factors, the veterinary procedure market is expected to grow and prosper as these devices are integrated with artificial intelligence, the Internet of Things (IoT), and nanotechnology.
Key Takeaways:
- The global veterinary procedure lights market is poised to surge from US$303.8 million in 2023 to US$463.9 million by 2033, reflecting a steady CAGR of 4.3%.
- Rising technological advancements, coupled with the crucial role of surgical lighting in precise veterinary procedures, are fueling market growth.
- The advent of efficient LED lights across operating room, exam, and handheld categories further bolsters market prospects.
How Key Players are Contributing to the Veterinary Procedure Lights Market?
There are many notable players in the highly fragmented veterinary procedure lighting market. In terms of market share, a small number of very large companies currently control the sector. Sunnex Group, ACEM S.p.A., MDS, Midmark Corporation, Medical Illumination, and Suburban Surgical Co., Inc. Incorporated are some of the industry leaders.
Recent Developments:
- Atena Lux attended the Arab Health 2022 conference, which was held in Dubai.
- Dispomed Ltd. announced their alliance with ARVS in April 2022. The focus of this collaboration will be on offering the best medical equipment and tailored technical service to veterinary clinics.
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
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Market Segmentation:
By Product Type:
- Examination lights
- Surgery Lights
- Frontal Binocular Microscope and Headlights
By Modality:
- Floor Stand
- Wall Mount
- Single head Ceiling Mount
- Double-head Ceiling Mount
By End User:
- Veterinary Hospitals
- Veterinary Clinics
- Veterinary Diagnostic Centers
- Others
By Region:
- North America
- Latin America
- Europe
- South Asia & Pacific
- East Asia
- The Middle East & Africa (MEA)
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