Hospital Lighting Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI4121
Hospital Lighting Market size is set to gain exponentially from 2019 to 2025 driven by rising establishment of a large number of hospitals across the globe, leading to the adoption of enhanced lighting devices. The increasing implementation of high-power surgical lights in operation theaters for enhanced surgeon visibility is supporting industry growth. The rapid development of LED lighting systems in the healthcare sector is due to energy-efficient and comfort feature. Several manufacturers are focusing on providing energy-efficient and low-cost devices to reduce the operational expense in healthcare facilities. The demand for suitable lights in hospitals to aid patient relaxation and improved visibility to enhance staff productivity is supporting the market growth.
A major factor hindering the hospital lighting market is high installation costs of new LED lights due to its lack of compatibility with the existing lighting system infrastructure. The complex installation process requires expert technicians to reduce the damages. The requirement of drivers in new lighting devices for smooth power supply incurs extra cost during the installation process. Another factor affecting the hospital lighting market is the high repair & maintenance costs associated with lighting devices. This process requires a special set of tools and machinery, which are intricate to handle. Several lighting products are unserviceable in nature and have repair limits, adding up to the replacement cost. Additionally, the LED and halogen devices pose thermal instability, leading to inefficiency. Increasing technological advancements & government subsidies for energy saving lights are supporting price reduction, aiding in overcoming challenges in the market.
An upcoming trend in the hospital lighting market is the human-centric lighting technology, which offers natural illumination features in closed structures. These lights are gaining high popularity in the healthcare sector owing to benefits such as circadian rhythm, productivity, energy saving, and emotional well-being of occupants. The human-centric light solutions are enabling hospitals to simulate natural daylight in the indoor environment, which is helpful for a patient suffering from dementia and mental illness. These solutions aid in improved sleeping cycles and faster recovery of patients. These benefits are leading to the increased adoption of devices, leading to the hospital lighting market development. Several governments are investing in the development of hospital infrastructures to provide better healthcare services across different regions. For instance, in March 2018, the Indian government launched a new scheme Rastriya Arogya Nidhi (RAN) to provide healthcare service to remote areas. This scheme has funded the setup of 13 government hospitals/institutes across India, creating several opportunities for the market expansion.
In the hospital lighting market, LED technology is gaining high traction owing to its prominent features such as energy efficiency and high product life span. The lights support enhanced colored rendering, which is beneficial for patients & employees in healthcare environments. The LED lights provide the dimming feature, which supports in creating ambient lighting for enhanced comfort and sleep supportive illumination, creating high demand in the market. Additionally, the increasing government regulations pertaining to energy efficiency and regular inspections in healthcare facilities has led to an increased demand for LED lights.
In the hospital lighting market, the wardroom application is witnessing high growth owing to increasing benefits for patient recovery. This is leading to the adoption of various technologies such as intelligent lights, human-centric lighting, etc., which supports in providing better indoor illumination for patients. These technologies aid better and faster patient recovery when exposed to proper lights, creating high awareness about better ward lighting. The human-centric lighting solutions are utilized in wardrooms to improve the sleep cycle, stabilize cardician rhythm, etc. Intelligent & advanced lights used in wardrooms create ambient environments to enhance patient comfort.
The North America hospital lighting market is growing due to the high adoption of technically advanced solutions. For instance, in March 2018, Henderson hospital implemented the Kendall indigo clean lighting, which features technology that continuously disinfects the environment. Europe is witnessing rapid development in the industry owing to the presence of several major manufacturers & solution providers. The increasing adoption of human-centric lighting in the healthcare sector in European countries is supporting industry growth. The growing government investments in the healthcare sector is supporting the hospital lighting market expansion. For instance, the Slovakian government launched the Integrated Care Center Programme to establish 130 health care centers from 2014 to 2020, creating industry expansion opportunities.
The major players operating in the hospital lighting market include General Electric Company, Eaton Corporation PLC, Trilux Lighting Ltd, Hubbell Incorporated, Acuity Brands Lighting Inc., Koninklijke Philips N.V., Ellumi Lighting, Cree Inc., Zumtobel Group AG, and KLS Martin Group. The market players are investing in R&D activities to develop technically advanced and innovative products to gain competitive advantages. Companies are implementing several strategies, such as partnerships, collaboration, merger & acquisitions, to gain high revenues. For instance, in June 2019, Acuity Brand announced the acquisition of WhiteOptics, LLC, which will support the company to expand its lighting segment product portfolio. In August 2018, Ellumi. announced the launch of anti-bacterial cabinet lighting solution, which gives protection against more than 20 harmful germs. Such innovations and advancements from key players are boosting the market growth.
The hospital lighting market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2015 to 2025, for the following segments:
- Fluorescent Technology
- Examination rooms
- Surgical suites/ Operation theaters
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
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