Healthcare Lighting Market 2028 By Lighting Technology, Application and Geography | The Insight Partners

MARKET OVERVIEW

Surety of clarity in laboratories and treatment areas is the primary function that is expected of lighting specifically built for the healthcare industry. Lighting in the healthcare industry is not only used for ensured infrastructural cleanliness but also for staff and patients. As the healthcare industry continues to grow and advance, the demand for durable lightings that provide security and orientation is also expected to increase. Furthermore, enhanced lighting conditions in the hospital's working premises have also proven to provide better productivity by the staff, nurses and doctors.

MARKET SCOPE

The "Global Healthcare Lighting Market Analysis to 2028" is a specialized and in-depth study of the healthcare IT industry with a special focus on the global market trend analysis. The report aims to provide an overview of the healthcare lighting market with detailed market segmentation by lighting technology, application, and geography. The report provides key statistics on the market status of the leading Healthcare Lighting Market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on lighting technology, the global healthcare lighting market is segmented as LED lighting, fluorescent lighting and other lighting technologies.
  
•   Based on mode of application, the global Healthcare Lighting Market is segmented as patient room, surgical suits, nursing stations and outdoor.
  

MARKET DYNAMICS

Drivers

•   Rising adoption of LED lights
  
•   Advancements in healthcare lighting technologies
  

Restraints

•   Lack of infrastructure in emerging countries
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Healthcare Lighting Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Healthcare Lighting Market in these regions.

IMPACT OF COVID-19 ON HEALTHCARE LIGHTING MARKET

The COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, social distancing policies, and business shutdowns. The COVID-19 crisis has overburdened public health systems in many countries and highlighted the strong need for sustainable investment in health systems. As the COVID-19 pandemic progresses, the healthcare industry is expected to see a drop in growth. However, in case of Healthcare Lighting Market, the industry is likely to show positive trend due to increasing adoption of lighting due to sudden upsurge in demand. Though, supply chain restrictions and production limitations may hamper the market growth.

MARKET PLAYERS

The report covers key developments in the Healthcare Lighting Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Healthcare Lighting Market are anticipated to lucrative growth opportunities in the future with the rising demand for customized procedure trays in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Healthcare Lighting Market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   ACUITY BRANDS LIGHTING, INC.
  
•   Signify Holding.
  
•   Hubbell
  
•   KLS Martin Group
  
•   TRILUX GmbH & Co. KG
  
•   Zumtobel Group AG
  
•   Cree, Inc.
  
•   Eaton
  
•   Herbert Waldmann GmbH & Co. KG
  
•   GENERAL ELECTRIC
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.