Market Overview:
The global medical endoscopic cold light source market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of gastrointestinal diseases, technological advancements in endoscopy devices, and rising demand for minimally invasive surgeries. Based on type, the global medical endoscopic cold light source market is segmented into LED cold light source, halogen cold light source, xenon cold light source, and LED UV cold light source. The LED segment is expected to grow at the highest CAGR during the forecast period owing to its low power consumption and long life span as compared to other types of lighting sources. Based on application, the global medical endoscopic Cold Light Source Market is segmented into hospital care settings (including outpatient clinics), diagnostic centers/laboratories (including pathology labs), and other applications such as research institutes & universities). The hospital care setting segment accounted for majority share of the global market in 2017 and is projected to maintain its dominance during the forecast period.
Product Definition:
A medical endoscopic cold light source is a device that emits a bright light used to illuminate the interior of an object or body cavity. The importance of this type of light source is that it helps to improve visibility during medical procedures, which can lead to more accurate diagnoses and treatments.
LED Cold Light Source:
LED cold light source is a type of endoscopic lighting system that produces cold-white light. The term “cold” in the name refers to color temperature which is lower than the conventional halogen lamp source. LED sources are available with two different technologies, namely; Surface Mounted Technology (SMT) and Flat Pack Technology (FBT). The choice between these depends on factors such as power consumption, size, brightness and spectrum of light desired among others.
Halogen Cold Light Source:
A halogen cold light source is a device that produces infrared light. It is mainly used in endoscopic procedures for visualization of internal body organs and tissues. The halogen sources are compact, portable, and can be easily operated by medical practitioners.
Application Insights:
Based on application, the global medical endoscopic cold light source market is segmented into hospital, clinic and others. The other applications include diagnostic centers and imaging departments in hospitals or clinics. Endoscopic procedures involve the use of a variety of surgical instruments that require illumination for better visibility. Hence, LED-based Cold Light Source (LCS) has become an essential tool for surgeons during endoscopic surgeries as it provides bright white light with no heat generation thereby reducing energy consumption and increasing battery life span. This factor is anticipated to drive demand over the forecast period in near future.
The hospital segment dominated the market owing to factors such as high usage rate of LCS by surgeons during routine surgeries along with its wide acceptance among patients undergoing surgery as well as their families providing comfort while waiting rooms or bedsides at hospitals due to its non-invasive nature compared to conventional lighting sources used before such devices were introduced was another major factor contributing towards revenue generation in this segment over recent years.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing prevalence of cancer and other diseases leading to high demand for minimally invasive surgeries. The region is expected to maintain its dominance over the forecast period due to growing geriatric population prone to various chronic disorders, which requires surgical intervention. Moreover, technological advancements such as miniaturization and portability are boosting adoption rate of endoscopic devices in this region.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing with rising medical tourism especially from developing countries such as India and China that have a high incidence rate of stomach cancer or gastrointestinal disorders requiring endoscopy procedures. In addition, improving healthcare infrastructure along with economic development will boost growth further driving demand for these products over next eight years.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global medical endoscopic cold light source market is expected to grow at a CAGR of 7.5% during the forecast period due to the increasing demand for minimally invasive surgeries. This is because these surgeries are less invasive and cause less pain and trauma as compared to traditional surgery procedures.
- Rising prevalence of chronic diseases: The global medical endoscopic cold light source market is also driven by the rising prevalence of chronic diseases such as cancer, cardiovascular diseases, and respiratory disorders. This is because these diseases require regular monitoring and treatment, which in turn leads to an increase in the demand for diagnostic and therapeutic devices such as medical endoscopic cold light sources.
- Technological advancements: The global medical endoscopic cold light source market is propelled by technological advancements that have led to the development of new products with enhanced features and performance characteristics. For instance, recently there has been a shift from halogen-based systems to LED-based systems owing to their superior performance characteristics such as low power consumption, long life span, etcetera .This has resulted in an increase in adoption rates of LED-based systems among healthcare providers worldwide thereby driving growth prospects for this market segment during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Endoscopic Cold Light Source Market Research Report
By Type
LED Cold Light Source, Halogen Cold Light Source, Xenon Cold Light Source, LED UV Cold Light Source
By Application
Hospital, Clinic, Other
By Companies
Olympus, Karl Storz, ZETT OPTICS, Richard Wolf GmbH, Stryker, SonoScape Company, Schoelly Fiberoptic GmbH, XION, Sunoptics Surgical, Smith & Nephew
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Medical Endoscopic Cold Light Source Market Report Segments:
The global Medical Endoscopic Cold Light Source market is segmented on the basis of:
Types
LED Cold Light Source, Halogen Cold Light Source, Xenon Cold Light Source, LED UV Cold Light Source
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Olympus
- Karl Storz
- ZETT OPTICS
- Richard Wolf GmbH
- Stryker
- SonoScape Company
- Schoelly Fiberoptic GmbH
- XION
- Sunoptics Surgical
- Smith & Nephew
Highlights of The Medical Endoscopic Cold Light Source Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LED Cold Light Source
- Halogen Cold Light Source
- Xenon Cold Light Source
- LED UV Cold Light Source
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Endoscopic Cold Light Source Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A medical endoscopic cold light source is a type of surgical instrument that emits short-wavelength light. This type of light is used to see inside the body through small openings, such as those made during surgery.
Some of the major players in the medical endoscopic cold light source market are Olympus, Karl Storz, ZETT OPTICS, Richard Wolf GmbH, Stryker, SonoScape Company, Schoelly Fiberoptic GmbH, XION, Sunoptics Surgical, Smith & Nephew.
The medical endoscopic cold light source market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Endoscopic Cold Light Source Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical Endoscopic Cold Light Source Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Endoscopic Cold Light Source Market - Supply Chain
4.5. Global Medical Endoscopic Cold Light Source Market Forecast
4.5.1. Medical Endoscopic Cold Light Source Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Endoscopic Cold Light Source Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Endoscopic Cold Light Source Market Absolute $ Opportunity
5. Global Medical Endoscopic Cold Light Source Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Type
5.3.1. LED Cold Light Source
5.3.2. Halogen Cold Light Source
5.3.3. Xenon Cold Light Source
5.3.4. LED UV Cold Light Source
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Endoscopic Cold Light Source Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Clinic
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Endoscopic Cold Light Source Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medical Endoscopic Cold Light Source Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medical Endoscopic Cold Light Source Demand Share Forecast, 2019-2026
9. North America Medical Endoscopic Cold Light Source Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Clinic
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Type
9.7.1. LED Cold Light Source
9.7.2. Halogen Cold Light Source
9.7.3. Xenon Cold Light Source
9.7.4. LED UV Cold Light Source
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medical Endoscopic Cold Light Source Demand Share Forecast, 2019-2026
10. Latin America Medical Endoscopic Cold Light Source Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Clinic
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Type
10.7.1. LED Cold Light Source
10.7.2. Halogen Cold Light Source
10.7.3. Xenon Cold Light Source
10.7.4. LED UV Cold Light Source
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medical Endoscopic Cold Light Source Demand Share Forecast, 2019-2026
11. Europe Medical Endoscopic Cold Light Source Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Clinic
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Type
11.7.1. LED Cold Light Source
11.7.2. Halogn Cold Light Source
11.7.3. Xenon Cold Light Source
11.7.4. LED UV Cold Light Source
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical Endoscopic Cold Light Source Demand Share, 2019-2026
12. Asia Pacific Medical Endoscopic Cold Light Source Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Clinic
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Type
12.7.1. LED Cold Light Source
12.7.2. Halogen Cold Light Source
12.7.3. Xenon Cold Light Source
12.7.4. LED UV Cold Light Source
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medical Endoscopic Cold Light Source Demand Share, 2019-2026
13. Middle East & Africa Medical Endoscopic Cold Light Source Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Clinic
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical Endoscopic Cold Light Source Market Size and Volume Forecast by Type
13.7.1. LED Cold Light Source
13.7.2. Halogen Cold Light Source
13.7.3. Xenon Cold Light Source
13.7.4. LED UV Cold Light Source
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medical Endoscopic Cold Light Source Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical Endoscopic Cold Light Source Market: Market Share Analysis
14.2. Medical Endoscopic Cold Light Source Distributors and Customers
14.3. Medical Endoscopic Cold Light Source Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Olympus
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Karl Storz
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ZETT OPTICS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Richard Wolf GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Stryker
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SonoScape Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Schoelly Fiberoptic GmbH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. XION
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sunoptics Surgical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Smith & Nephew
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
