North America Medical Penlights Market Size & Outlook
The medical penlights market in North America is expected to reach a projected revenue of US$ 142.4 million by 2030. A compound annual growth rate of 5.4% is expected of North America medical penlights market from 2024 to 2030.
Revenue, 2023 (US$M)
$98.3
Forecast, 2030 (US$M)
$142.4
CAGR, 2024 - 2030
5.4%
Report Coverage
North America
North America medical penlights market, 2018-2030 (US$M)
North America medical penlights market highlights
- The North America medical penlights market generated a revenue of USD 81.4 million in 2023.
- The market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, led medical penlights was the largest revenue generating type in 2023.
- LED Medical Penlights is the most lucrative type segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 81.4 million |
| Market revenue in 2030 | USD 125.6 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Led medical penlights |
| Fastest growing segment | LED Medical Penlights |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | LED Medical Penlights |
| Key market players worldwide | Aspen Surgical, Baxter International Inc, Streamlight, Inc., Graham - Field Health Products, Rudolf Riester, Honsun, Prestige Medical |
Other key industry trends
- In terms of revenue, North America region accounted for 30.7% of the global medical penlights market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 100.5 million by 2030.
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Medical Penlights Market Scope
Medical penlights market segmentation & scope
Light Output
White Light
Blue Light
Red Light
Green Light
UV Light
Usability
Disposable
Reusable
End Use
Hospitals & Clinics
Diagnostic Centers
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Japan
India
China
Thailand
Australia
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Medical Penlights Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Related industry reports
Related regional statistics
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