Lighting is the integral aspect of a healthcare infrastructure, since it is utilized in operation rooms, ICU, wards, and others within the healthcare setting. Light manufacturers are focused on developing novel products, for reducing cost and enhancing efficiency. These products consists gas discharged lamps, incandescent lamp, CFL, as well as LED lamps. As the LED lighting is the most frequently used technology of lighting, due to the high luminous efficiency, low power consumption, long life, along with high color rendition index. Frequently utilized LED lights include LED panels, LED downlight, and LED reflector. The global hospital lighting market is expected to register robust growth, due to continuously evolving and increasing hospital facilities.
Global Hospital Lighting Market – Drivers
LED Technology advantages over the conventional system of lighting is also expected to drive the global hospital lighting market growth over the forecast period. As per the U.S. Department of Energy, the lighting is an important component of the energy use of a hospital, accounting for over 10% energy consumption. It leads to rising global demands for the green technology, which is expected to drive LED technology segment growth in the global hospital lighting market. LED technology advantages are long life, eco-friendly, durable, improved efficiency, as well as more dispersed light than the conventional systems of lightening, which is a key factor expected to increasing the LED adoption. Moreover, advancement in technologies of lighting is expected to drive the global hospital lighting market growth over the forecast period. For instance, LED integration in solutions and systems of intelligent lighting, is expected to fuel the global hospital lighting market growth over the forecast period.
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Major players in the global hospital lighting market can focus on opportunities of growth in emerging economies including China and India. Rapidly increasing population /capita income, increasing life expectancy, rising prevalence of lifestyle-related conditions, and ambitious projects of medical infrastructure for emerging economies are factors expected to fuel growth of the global hospital lighting market over the forecast period. Governments are planning initiatives to increase the investments within healthcare sector, for catering the rising demand, which is in turn expected to fuel growth of the global hospital lighting market over the forecast period. For instance, the government of Saudi Arabia’ allotted US$ 28.8 Bn for social welfare and health, which consists funding for eleven new hospitals, eleven medical centers, as well as 2 medical complexes, in addition to 132 healthcare centers and hospitals, in 2014. This in turn is expected to fuel growth of the global hospital lighting market in the region.
Moreover, bilateral commercial relation is also expected to increase the hospitals, in turn expected to propel the global hospital lighting market growth over the forecast period. The U.S.-U.A.E. Business Council stated, the U.A.E. has exhibited dramatic expansion in its healthcare sector from seven hospitals as well as 12 health-centers, since 1971 to 70 private and public hospitals and around 150 clinics and centers. Moreover, initiatives by the government is expected to support in rising the number of private and public hospitals with international and national standards. For instance, Vision 2023 of the U.A.E. aims at the highest-level strategic plan by the U.A.E. government for “world-class healthcare” being one among its priority. More factors expected to drive growth of the global hospital lighting market are the contracts among manufacturers and hospitals for installation and supply of equipment. For instance, Philips was granted a contract, in 2012, for supplying and installing lighting equipment of first LEED- rated hospital of Jordan.
Global Hospital Lighting Market – Regional Analysis
Based on region, the global hospital lighting market is segregated into North America, Asia Pacific, Europe, Latin America, Africa, and Middle East. North America is expected to account for the highest share in the global hospital lighting market owing to developed infrastructure of healthcare. Newer technologies such as intelligent lighting systems and LED lighting are high in demand in the region. Asia Pacific is, however, expected to be most rapidly growing region within the global hospital lighting market, owing to rising governmental initiatives to increase healthcare centers along with implementing policies for favoring the usage of energy-efficient products of lighting within the sector of healthcare.
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Global Hospital Lighting Market – Competitors
Major players functioning in the global hospital lighting market are Acuity Brands Lighting Inc., Eaton Corporation PLC, Cree Inc., GE Lighting, Hubbell Incorporation, Herbert Waldmann GmbH & Co. Kg, KLS Martin Group, Trilux Lighting Ltd., Zumtobel Group AG, and Koninklijke Philips N.V.
Global Hospital Lighting Market- Taxonomy
Based on Product Type
• Surgical Lamps
• Troffers
• Surface-Mounted Lights
• Other Products
Based on Technology
• LED Technology
• Fluorescent Technology
• Solar Power Technology
• Other Technologies
Based on Application
• Operation Theatre Light
• Patients Ward Light
• Minor Surgical Light
• Examination Light
• Other Applications
Based on Region:
• North America
• Europe
• Latin America
• Asia Pacific
• Africa
• Middle East
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