Hospital Lighting Market- Analysis of Opportunities and Trends in the Global Industry, 2022–2028

 

Hospital Lighting Market

Due to the increase in hospitals in emerging nations, the market for hospital lighting is expected to grow significantly between 2022 and 2028. The American Hospital Association (AHA) estimates that there were 6,090 hospitals in the United States in 2019. In compared to conventional lighting, the use of LED-based lighting solutions is on the rise as a result of the government's increasing support for the implementation of energy saving initiatives in hospitals. Hospital lighting is an essential component of hospital design and administration that aids in patient rehabilitation and the realisation of healthcare and treatment outcomes. Additionally, it places emphasis on managing hospital operations, cost containment, and patient-physician relationships.

Regarding type, the Hospital Lighting Market share from the LEDs sector will experience significant growth thanks to advantages like long product durability and energy savings. Globally increasing chronic disease rates and the increased number of procedures will both fuel market expansion. The increasing use of LED lights and the expanding government backing will portray a favourable environment for the market's growth.

Given that troffers can be mounted directly on the ceiling and have a less low-profile aesthetic, the Hospital Lighting Market revenue from them will commendably increase. In hospitals, troffers are a perfect replacement for T8 and T12 linear fluorescent fixtures.

The segment will rise due to elements including the rapidly expanding population and the rising use of LED-based troffers. Due to ongoing technology improvements, it is predicted that demand for hospital lighting control in patient wards and intensive care units would increase significantly through 2027. The rise of the sector may be aided by the rising number of hospitals, particularly in China and India, as well as the rising government support for better ICU infrastructure.

Because there are so many well-established hospitals in North America, the region is anticipated to hold a sizable portion of the hospital lighting industry. Utility financing has increased as a result of the government's increasing support for energy efficiency projects. A growing emphasis is also being placed on updating the lighting in hospitals all around the region. The expansion of clinics, the influx of cutting-edge technology, and the expanding need for better infrastructure are some encouraging regional expansion trends.

It is anticipated that significant developments in the automotive industry, together with the explosion in tablet and laptop sales, will boost Hospital Lighting Market value in the Asia Pacific area.

Some of the major market players include General Electric Company, Zumtobel Group AG, Hubbell Incorporated, KLS Martin Group, Acuity Brands Lighting Inc., Ellumi Lighting, Eaton Corporation PLC, Koninklijke Philips N.V., Cree Inc., and Trilux Lighting Ltd.

 

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