Hospital lighting system market to reach $8,566.3 million by 2023, The global hospital lighting system market is expected to grow at a CAGR of 7.6% during the forecast period. Hospital lighting system overcomes the built-in constraints of traditional lighting solutions, which use high-intensity discharge (HID), incandescent, and halogen lights. It offers numerous benefits over conventional lighting solutions, including energy-efficiency, longer lifespan and durability.
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Hospital lighting systems are used for wide-ranging applications, including patient wards & suites, surgical suites, diagnostic & imaging center, lobbies, corridors, and parking areas & garages. Price reduction of LED technology has elevated its demand in several application segments.
The adoption of troffers is witnessing a rapid growth, as they are used in patient wards, corridors and stairs in hospitals. They offer superior color quality as compared to traditional hospital lighting, do not require ceiling alterations, and offer high efficiency, thereby cutting energy consumption to 50%. Troffers light is the leading product category in terms of size. During the forecast period, surface mounted lights is projected to exhibit the fastest growth, attributed to flexibility, high performance and alluring designs.
Based on technology, LED holds the largest market due to its application in multiple areas, as they offer energy efficiency with a longer lifespan of the product. The market for fluorescent technology is also expected to show a robust growth in coming years as they offer good selection of color temperature, offering uniform lighting with less harsh shadows. The hospital lighting system witnessed largest application in patient wards & suites. Government and private players of the healthcare industry in the developing countries are investing heavily in the hospital lighting system. During the forecast period, the market for surgical suites, which include wide range of lighting devices with different color rendering index, are expected to witness the fastest growth.
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During the forecast period, the fastest growth in hospital lighting system market is expected in Europe, owing to the increasing penetration of latest lighting solutions for healthcare institutes. Hospitals in Europe are looking for lighting solutions that can reduce energy consumption to 60% and thus bringing down the operating cost of the medical facilities. With some of the best healthcare institutes, such as Nuffield Health Bristol Hospital, Vale Hospital and Asklepios Clinic Barmbek, already using the efficient lighting solution, the region holds a plethora of opportunities and will drive the demand for advanced hospital lighting system.
The demand for hospital lighting system has increased owing to infrastructural development of multispecialty hospitals across countries. The use of advanced lighting system is witnessing a rapid growth in hospitals due to the wide adoption of the lighting products in various hospital applications. The major trends observed in this industry include adoption of solid state lighting and government focus towards energy efficient lighting in hospitals.
Solid state lighting is one of the latest technologies that use semi-conducting material to convert electricity into lighting. It is gaining adoption globally because of its unique features that help address the major challenges related to energy consumption and lower greenhouse gas emissions. Solid state lighting is a broader term which includes lamps and luminaire that use light-emitting diodes and organic light emitting diodes (OLED). Solid state lighting reduces the consumption of lighting energy in hospitals by nearly half, resulting in superior performance with high cost saving. The key drivers that will drive the demand for solid state lighting in hospitals include energy efficiency, environment protection, lifetime longevity and safety.
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Some of the major companies operating in the market include General Electric, Philips Lighting AG, Osram Licht AG, Acuity Brand, Cree Inc., Zumtobel Group AG, Hubbell Lighting Inc., Herbert Waldmann GmbH, Trilux GmbH and Orion Energy System. Most of the major vendors are actively focusing on enhancing their offerings to meet the ongoing demand for advanced hospital lighting system solutions.
Get a free sample of this research report: https://www.psmarketresearch.com/market-analysis/hospital-lighting-market/report-sample
Hospital lighting systems are used for wide-ranging applications, including patient wards & suites, surgical suites, diagnostic & imaging center, lobbies, corridors, and parking areas & garages. Price reduction of LED technology has elevated its demand in several application segments.
The adoption of troffers is witnessing a rapid growth, as they are used in patient wards, corridors and stairs in hospitals. They offer superior color quality as compared to traditional hospital lighting, do not require ceiling alterations, and offer high efficiency, thereby cutting energy consumption to 50%. Troffers light is the leading product category in terms of size. During the forecast period, surface mounted lights is projected to exhibit the fastest growth, attributed to flexibility, high performance and alluring designs.
Based on technology, LED holds the largest market due to its application in multiple areas, as they offer energy efficiency with a longer lifespan of the product. The market for fluorescent technology is also expected to show a robust growth in coming years as they offer good selection of color temperature, offering uniform lighting with less harsh shadows. The hospital lighting system witnessed largest application in patient wards & suites. Government and private players of the healthcare industry in the developing countries are investing heavily in the hospital lighting system. During the forecast period, the market for surgical suites, which include wide range of lighting devices with different color rendering index, are expected to witness the fastest growth.
Explore report at: https://www.psmarketresearch.com/market-analysis/hospital-lighting-market
During the forecast period, the fastest growth in hospital lighting system market is expected in Europe, owing to the increasing penetration of latest lighting solutions for healthcare institutes. Hospitals in Europe are looking for lighting solutions that can reduce energy consumption to 60% and thus bringing down the operating cost of the medical facilities. With some of the best healthcare institutes, such as Nuffield Health Bristol Hospital, Vale Hospital and Asklepios Clinic Barmbek, already using the efficient lighting solution, the region holds a plethora of opportunities and will drive the demand for advanced hospital lighting system.
The demand for hospital lighting system has increased owing to infrastructural development of multispecialty hospitals across countries. The use of advanced lighting system is witnessing a rapid growth in hospitals due to the wide adoption of the lighting products in various hospital applications. The major trends observed in this industry include adoption of solid state lighting and government focus towards energy efficient lighting in hospitals.
Solid state lighting is one of the latest technologies that use semi-conducting material to convert electricity into lighting. It is gaining adoption globally because of its unique features that help address the major challenges related to energy consumption and lower greenhouse gas emissions. Solid state lighting is a broader term which includes lamps and luminaire that use light-emitting diodes and organic light emitting diodes (OLED). Solid state lighting reduces the consumption of lighting energy in hospitals by nearly half, resulting in superior performance with high cost saving. The key drivers that will drive the demand for solid state lighting in hospitals include energy efficiency, environment protection, lifetime longevity and safety.
Make enquiry before buying the report: https://www.psmarketresearch.com/send-enquiry?enquiry-url=hospital-lighting-market
Some of the major companies operating in the market include General Electric, Philips Lighting AG, Osram Licht AG, Acuity Brand, Cree Inc., Zumtobel Group AG, Hubbell Lighting Inc., Herbert Waldmann GmbH, Trilux GmbH and Orion Energy System. Most of the major vendors are actively focusing on enhancing their offerings to meet the ongoing demand for advanced hospital lighting system solutions.
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