What Drives the Growth of OT Lights Market in India? An Analysis

Gone were the days when operation theatre rooms looked dreary with very little advanced equipment. Traditional procedures, risk factor, big incisions, longer duration of hospitalization held sway. Today the scenario has changed altogether. Thanks to technological developments in the medical industry and efficient logistics! OT rooms are getting more sophisticated and effective to the advantage of both doctors and patients. Better patient care is what healthcare professionals look forward to. Hospitals in cities across the world are investing in newer technologies, devices, and systems including hi-tech OT lights and tables. Besides, the demand for well-equipped operation theatre rooms has seen a rise. This has indeed led to a surge of the demand for surgical lights.

What are the factors driving the growth of the OT lights market in India? Higher the number of hospitals, increased is the use of these illuminating devices! With increasing incidences of lifestyle diseases and aging population, hospitals across India have seen a surge. According to a 2018 India Brand Equity Foundation (IBEF) report, tier-1 hospitals in the country accounted to 40 percent in 2015. Continuous growth is expected to be witnessed. Furthermore, favorable government policies pertaining to subsidized rates for the establishment of hospitals also involving both private and public funding, exemption from taxes and duties for medical equipment and drugs that are imported, and more. To add to the growth factor of the surgical lights market is the development of healthcare infrastructure across the country.

Halogen OT lights dominated not only the Indian but also the global market few years back. But with the effectiveness of LED surgical lights, advantages associated with its use, LED is now holding sway. In 2018, of all lighting systems, halogen lighting constituted 55.7 percent of the market share as per a report by Grand View Research. According to the same report, LED operation theatre lights are projected to register the fastest CAGR of 6.8 percent from the present period to 2026. LED emits cold light avoiding exposure to infrared radiations, has higher product life and reflects homogenous light, which are prerequisites of lighting systems in today’s operation theatre rooms.

Almost all big hospitals including ambulatory surgical centres (ASC) have several departments with each department having one or more dedicated operation theatre rooms. And each room, right from the department of cardiac surgery, neurosurgery to gynecological surgery, ENT surgery, is equipped with advanced OT lights. The endoscopic surgery segment, that involves minimally invasive interventional procedures, has seen a surge, which in turn is contributing considerably for the growth of the surgical lights market not only in India but also worldwide.

With the rising demand of OT lights, manufacturers are exploiting the latest trends and technology in the production process. Koinaa Medical Equipments has emerged as a leading manufacturer and exporter of LED surgical lights, examination lights, and surgical tables. “Patient care is our prime focus. To facilitate the same, we develop innovative lighting systems for hospitals. We never leave any scope for grievance when it comes to quality, design aesthetics, innovation. We also manufacture operation theatre lights according to specifications provided by our clients,” utters the dynamic Anamika Sinha, Director Exports, Koinaa Medical Equipments.