LEDs To Completely Replace Halogen Lights in the European Surgical Market By 2014

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Thu Oct 8, 2009 8:57am EDT

LEDs To Completely Replace Halogen Lights in the European Surgical Market By
2014
Greater Environmental Awareness Drives More Rapid LED Adoption in Europe
Compared to US, according to Millennium Research Group





WALTHAM, Mass., Oct. 8 /PRNewswire/ -- According to Millennium Research Group
(MRG), the global authority on medical technology market intelligence,
European uptake of light-emitting diode (LED) surgical lights will represent
100% of surgical light sales by 2014, as hospitals replace halogen lights with
significantly longer lasting LED lights. MRG's European Markets for Video and
High-Tech Hardware Devices 2010 report finds that adoption will be accelerated
in Europe, in part because European countries are more environmentally
conscious than their US counterparts.


LED lights represented approximately 60% of European surgical light sales in
2009, but will completely overtake the market by 2014.  LED lights are more
energy efficient and durable compared to halogen lights.  They emit less heat,
making it more comfortable for surgeons operating on patients. Surgeons can
also adjust the color of LED lights according to their preference. The
emergence of new LED light competitors in Europe--such as Stryker, which
launched the Visum LED surgical light in August 2009--will further accelerate
market growth by increasing promotion and the push toward LED adoption already
started by companies such as Getinge, BERCHTOLD, TRUMPF and many others.


"The movement toward LED surgical lights is a boon for the market given the
higher prices these devices are able to garner. On average, LED surgical
lights are sold at a full 50% premium over halogens," says Tiffanie Demone,
Senior Analyst at MRG. "Demand for LED technology is also expanding in the
market for endoscopic light sources, which supply the camera head with light
at the surgical site.  With the same benefits as surgical LED lights,
endoscopic LED light sources will be a focus for development for more and more
camera companies, which in turn will expand product variety and boost unit
sales." 


MRG's new report, European Markets for Video and High-Tech Hardware Devices
2010, provides important insight into trends in minimally invasive surgery in
France, Germany, Italy, Spain, and the UK.  The study provides highly
segmented coverage of the key markets, including camera systems, surgical
lights, surgical tables, surgical monitors, operating room integration,
digital capture and recording devices, light sources, and printers.  This
report includes country-level five-year forecasts for unit sales, average
selling prices, and market values, along with market shares for 2009, and
in-depth qualitative insights. 


About Millennium Research Group
Millennium Research Group (www.MRG.net), a Decision Resources, Inc. company
(www.DecisionResourcesInc.com), is the global authority on medical technology
market intelligence and the leading provider of strategic information to the
health care sector. The company provides specialized industry expertise
through multiclient market research, ongoing Marketrack(TM) projects, customer
loyalty tracking, facility-level procedure forecasting, and customized
solutions.


About Decision Resources, Inc.
Decision Resources, Inc. is a cohesive portfolio of companies that offers
best-in-class, high-value information, and insights on important sectors of
the health care industry. Clients rely on this analysis and data to make
informed decisions. Please visit Decision Resources, Inc. at
www.DecisionResourcesInc.com. 




All company, brand, or product names contained in this document may be
trademarks or registered trademarks of their respective holders.




    For more information, contact:

    Amy Krohn
    Millennium Research Group
    416-364-7776 x101
    akrohn@mrg.net

    Elizabeth Marshall
    Decision Resources Inc.
    781-296-2563
    emarshall@dresources.com



SOURCE  Millennium Research Group

Amy Krohn of Millennium Research Group, +1-416-364-7776 x101, akrohn@mrg.net;
or Elizabeth Marshall of Decision Resources Inc., +1-781-296-2563,
emarshall@dresources.com
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