The
global
surgical lights market is expected to grow at a CAGR of 4.60% during
the forecast period. Major vendors in the global surgical lights market include Engineered
Medical Solutions Company, LLC d/b/a/ BihlerMed,
Herbert Waldmann GmbH & Co. KG, Integra LifeSciences, STERIS
plc., and Stryker, among others.
Vendors are focusing on various
strategies such as M&A and product launches to expand and strengthen their
position in the market. For instance, Engineered Medical Solutions Company, LLC d/b/a/ BihlerMed,
in February
2018, the
company announced the introduction of Scintillant Surgical Lighting at
the American Association of Orthopedic Surgeons (AAOS) 2018 in New Orleans, Louisiana,
US. Herbert Waldmann GmbH
& Co. KG, in July 2018, the company launched a new TRIANGO
100 minor surgery light.
Stryker, in October
2018, the company announced the completion of the acquisition of Invuity, Inc, which
is a manufacturer of advanced photonics and single-use, lighted instruments
that deliver enhanced visualization for clinical application. Therefore,
the increasing number of M&A and product launches is expected to propel the
growth of the global surgical lights market during the forecast period.
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