Hospital Lighting Market

Hospital Lighting Market to Extent an Assessed Value of US$10.0 bn by 2022
The global hospital lights market is forecasted to largely benefit from both developed and
developing regions expected to boost the demand in the coming years. North America and
Europe could bring in valuable opportunities for vendors considering a vast count of
patients being treated for various diseases and robust medical infrastructure. Asia Pacific,
on the other hand, could speed up the growth of the market due to rising healthcare
expenditure, strong patient base, and rapidly increasing medical tourism.
Transparency Market Research (TMR) foresees the global hospital lights market to be
valued at a US$10.0 bn by 2022 while growing at a 6.1% CAGR during the forecast period
2017–2022. In 2017, the market achieved a US$7.4 bn.
The world hospital lights market is projected to be positively influenced by high focus on
patient-oriented services and the rising number of super-specialty and multi-specialty
healthcare centers in Canada, the U.S., and the U.K. A human body could require an
estimated 1,500 lux lighting for maintaining a normal body cycle, compared to which
patients in some hospitals could be exposed to only 105 lux lighting approximately.
Hospitals are envisaged to put an increased emphasis on improving lighting standards to
create a healthy and optimistic environment for patients. Furthermore, the growing
prevalence of chronic diseases requiring inpatient services and aggravating need for multispecialty hospitals could raise the demand for hospital lights.
The world hospital lights market is predicted to be segregated as per product, technique,
and point of use. In terms of product, troffers could take a leading position in the market
with a 38.8% share expected to be pushed under its belt by 2022. However, there could be
some prospects birthing from other product type segments, i.e. surface-mounted lights and
surgical lamps. By technique, the market is anticipated to see a classification into three
markets, viz. fluorescent, light-emitting diode (LED), and halogen hospital lights. As per
segmentation by point of use, patient wards and intensive care units (ICUs), operating
rooms, and examination rooms could be the prime markets for hospital lights.
Request Sample Report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6580
In terms of region, the world hospital lights market is envisaged to be cataloged into Asia
Pacific except Japan (APEJ), the Middle East and Africa (MEA), Europe, North America,
and Latin America and Japan. Amongst these, the market could witness the dominance of
North America while it rises at an expected CAGR of 6.2% during the forecast timeframe.
APEJ and Europe could be the other lucrative regions with some massive revenues
prognosticated to be achieved until the final forecast year.
The report offers a complete analysis of the vendor landscape and a thorough study of key
players operating in the international hospital lights market. Companies such as Acuity
Brands, Inc., Cree, Inc., Drägerwerk AG & Co. KGaA, Eaton Corp. Plc, General Electric
Co., Herbert Waldmann GmbH & Co. Kg, Hill-Rom Holdings, Inc., Hubbell, Inc., KLS
Martin GmbH + Co. KG, Koninklijke Philips N.V., Zumtobel Group AG, and Trilux GmbH &
Co. Kg could secure a strong status in the market.

Transparency Market Research (TMR) foresees the global hospital lights market to be valued at a US$10.0 bn by 2022 while growing at a 6.1% CAGR during the forecast period 2017–2022. In 2017, the market achieved a US$7.4 bn.