DUBLIN--(BUSINESS WIRE)--Sep 13, 2018--The "Global Xenon Light Source Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's offering.

The xenon light source market was valued at US$ 469.8 Mn in 2017 and expected to reach US$ 526.5 Mn by 2026, expanding at a CAGR of 1.2% from 2018 to 2026.

The global xenon light source market is expected to grow at a slow rate due to the growing replacement by the advanced LED light source.

Conversely, due to technological developments and with the purpose of market sustenance, the manufacturers have developed compact xenon flash lights that have lower heat complications and better stability. Use of xenon light source in color analyzers, strobophobes, photomask lights etc. will further assist in retaining the stability of this market during the forecast period 2018 to 2026.

At present, short arc xenon light source segment occupies the larger market share and will maintain its dominance through the forecast period. However, long arc xenon lights segment will experience faster growth rate during the forecast period due to its wider application base covering both endoscopy and microscopy.

Additionally, based on application areas, endoscopy procedures and surgeries occupy a dominant position in the global xenon light source market. Extensive use in diagnostic and interventional procedures contributes to the dominance of this segment. However, rapid replacement by LED light sources has led to the sluggish growth of this market.

Key Market Movements

High deployment in endoscopy procedures and surgeries demanding natural light Stable usage in microscopy and other biotechnology applications Significant threat of replacement by cost-effective and more precise LED light sources

Key Topics Covered

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Xenon Light Source: Market Dynamics and Outlook

Chapter 4 Global Xenon Light Source Market, by Type, 2016-2026 (US$ Mn)

Chapter 5 Global Xenon Light Source Market, by Application, 2016-2026 (US$ Mn)

Chapter 6 Global Xenon Light Source Market, by Geography, 2016-2026 (US$ Mn)

Chapter 7 Company Profiles

Asahi Spectra USA, Inc. Avantes BV Cogentix Medical, Inc. (LABORIE Medical Technologies) Hamamatsu Photonics K.K. KARL STORZ SE & Co. KG Ocean Optics, Inc. Olympus Medical Systems (Olympus Corporation) SOPRO-COMEG GmbH Smith & Nephew plc Stryker Corporation Excelitas Technologies Corp.

For more information about this report visit https://www.researchandmarkets.com/research/lzb8tm/global_xenon?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180913005604/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Medical Devices

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/13/2018 09:43 AM/DISC: 09/13/2018 09:43 AM

http://www.businesswire.com/news/home/20180913005604/en