Hospital Lighting Market Outlook 2018 By Top Player Analysis (Acuity Brands Lighting Inc., Cree Inc., Eaton Corporation PLC, GE, Hubbell Incorporation, Koninklijke Philips N.V., Zumtobel Group AG, Trilux Lighting Ltd.)

Hospital Lighting Market Statistical Overview Report 2018 gives an outstanding tool for market Survey, openings, and vital key and strategic basic leadership. This report perceives that in this quickly advancing and competitive scenario by up-coming data on the basis of research execution and settled on basic choices for development and benefit. It gives data on Latest trends and advancements and sheds light on various sectors, limitations and advancements, and on the evolving structure of the market.

Global Hospital Lighting Market is expected to reach USD 7.86 billion by 2025, from USD 5.26 billion in 2017 growing at a CAGR of 6.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Major Market Competitors/Players: Global Hospital Lighting Market

• Acuity Brands Lighting Inc.,
• Cree Inc.,
• Eaton Corporation PLC,
• GE Lighting (A Fully Owned Subsidiary of General Electric Company),
• Hubbell Incorporation,
• Koninklijke Philips N.V.,
• Zumtobel Group AG,
• Herbert Waldmann GmbH & Co. Kg,
• KLS Martin Group,
• Trilux Lighting Ltd.
• Among others.

Competitive Analysis: Global Hospital Lighting Market

The global hospital lighting market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of hospital lighting market for global, Europe, North America, Asia Pacific and South America.

Global Hospital Lighting Market, By Product (Troffers, Surface-Mounted Lights, Surgical Lamps, Other Products), Technology (Fluorescent Technology, LED Technology, Renewable Energy, Other Technologies), Application (Patient Wards & ICUs, Surgical Suites, Examination Rooms, Other Applications), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025

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Market Definition: Global Hospital Lighting Market

In hospitals, infrastructure lighting is of great importance. The effect of ambient lighting in hospital rooms and premises impacts various activities in hospitals. For instance, they help in accomplishing visual tasks which reduces errors and also helps in controlling the body’s circadian system. Moreover, it also influences the mood and perception of patients and healthcare staff. Hence, hospital lighting is considered as an important criterion while considering hospital infrastructure development. The global hospital lights market is expected to have growth in the next few years due to the increasing count of healthcare institutes in developing countries such as India and China. The increase in adoption of Light-Emitting Diode (LED)-based lighting products such as troffers also drive the growth for the market. There is an increase in number of multi-specialty and super-specialty hospitals. The Asia-Pacific region is the fastest growing region for the growth of hospital lighting market as various developments and research are taking place in this region. According to an article published by Crisil Limited, the Indian HealthCare is expected to grow at high pace and is expected to have a market value of USD 0.70 billion. This growth in healthcare industries is increasing the need of hospital lights globally.

Key Questions Answered in Global Hospital Lighting Report:-

Our Report offers:-

• What will the market growth rate, Overview and Analysis by Type of Global Hospital Lighting in 2025?

• What are the key factors driving, Analysis by Applications and Countries Global Hospital Lighting?

• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Hospital Lighting?

• Who are Opportunities, Risk and Driving Force of Global Hospital Lighting?

• Who are the opportunities and threats faced by the vendors in Global Hospital Lighting? Business Overview by Type, Applications, Gross Margin and Market Share

• What are the Global Hospital Lighting opportunities, market risk and market overview of the Market?

Major Market Drivers and Restraints:

• Increasing number of hospitals in emerging economies

• Increasing adoption of led-based lighting fixtures

• Advantages of LED lighting over conventional lighting

• High installation cost

• Life span of modern lighting being longer

Market Segmentation: Global Hospital Lighting Market

• The global hospital lighting market is segmented based on product, application, technology and geographical segments.

• Based on product, the market is segmented into troffers, surface-mounted lights, surgical lamps, and other products.

• On the basis of technology, the market is classified into fluorescent technology, led technology, renewable energy, and other technologies.

• On the basis of application, the market is segmented into patient wards & ICUs, surgical suites, examination rooms and other applications.

• Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and Brazil among others.

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Key Developments in the Market:

• In November 2017, Cree, Inc. launched a new product under the brand name under the brand name KBL LED High-Bay Series, the perfect solution for industrial, retail, civic and athletic venues with dramatically reduced glare for a safer, more productive work environment. The new high-bay is a standout performer in both efficacy and quality, engineered to deliver maximum savings and industrial-strength performance with up to 150 lumens per watt (LPW) and a payback as fast as 1.5 years.

• In July 2018, Eaton announced it is showcasing the strategic possibilities for power management to help medical service providers deliver higher quality patient care. The announcement was made in American Society for Healthcare Engineering (ASHE) 2018 annual conference.
Primary Respondents

• Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

• Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others

Reasons to Purchase this Report

• Current and future of global hospital lighting market outlook in the developed and emerging markets

• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

• Regions/countries that are expected to witness the fastest growth rates during the forecast period

• The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report

• The report includes the complete segmentation displayed above across all above mentioned countries

• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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