Hospital Lights Market Forecast to 2028

Hospital Lights Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Troffer, Surface-Mounted Lights, Surgical Lamps, and Others), Technology (Fluorescent Technology, LED Technology, and Others), and Application (Patient Wards and ICUs, Surgical Suites, Examination Rooms, and Others)

Report Code : TIPRE00010965 | Region : Global | Industry : Electronics and Semiconductor | Published Date : 31/Mar/2022

The Hospital Lights market is expected to grow from US$ 5,432.01 million in 2021 to US$ 9,765.09 million by 2028; it is estimated to grow at a CAGR of 8.7% from 2021 to 2028.

Hospitals are an inseparable part of the healthcare delivery system. The development of new hospitals will drive the demand for lighting systems, thus creating growth opportunities for the hospital lighting market players. Europe has proposed a series of investment plans in 2021 for hospital infrastructure development to make healthcare more accessible in underdeveloped and developed areas. These plans include Hospitacite Hospital Complex Redevelopment, Lörrach Central Hospital campus Development, Lörrach Central Hospital campus Development, etc. Moreover, an increase in product development and the presence of various key hospital lights market players offering LED lights for surgical rooms will also contribute to the growth of the market. For example, Integra LifeSciences launched a new Codman specialty surgical device in April 2019, which is incorporating the Integra Duo LED surgical lamp. LED surgical lights are also preferred by ambulatory surgery centers because they are more energy-efficient, consume less energy, and have longer shelf lives than halogen lights. Moreover, governments are providing incentives and subsidies for replacing old lamps with LED troffer goods, allowing for greater adoption of LED products worldwide, and further driving the demand for troffer lights.

Further, a continuous rise in investments by local and federal bodies to increase the number of hospitals across the region and upgrade the existing hospital facilities is favoring the hospital lights market progress. The US has heavily invested in the expansion and construction of hospitals over the decade. According to the US Department of Health & Human Services, a few of the hospital infrastructure projects in the US as of October 2021 are as follows:

• The Boston Planning and Development Agency approved a 1 million-square-foot expansion for Massachusetts General Hospital in October 2021, worth US$ 2 billion.

• In September 2021, the academic medical center announced the first phase of Tampa General Hospital's expansion plan worth US$ 550 million.

• The Kaiser Permanente and Providence Southern California announced their plan to jointly construct a hospital in Victorville, California, with an investment of US$ 1 billion; the hospital is expected to start operations by 2028.

Such initiatives by the local and federal governments across the region to strengthen their healthcare infrastructure are driving the demand for efficient lighting.

The COVID-19 had a significant impact on the electronics and semiconductors industry in 2020 and 2021. Moreover, lockdown measures taken by many countries across the world hampered hospital construction activities, mainly due to disruptions in supply chains. Thus, the hospital lights market experienced a slight decline in its growth pace in 2020 and 2021. However, the increasing initiatives to develop various regional hospitals are favoring the hospital lights market performance on the demand side. In 2020, Abu Dhabi Health Services Company (SEHA) established Mohammed bin Zayed City hospitals in Abu Dhabi and the Emirates Humanitarian City. Moreover, the post-Covid-19 scenario has accelerated the investment towards hospitals infrastructure development and renovation, which will drive the hospital lights market. For instance, in 2021 the government of Europe has announced approx. 4.1 billion USD to build 40 hospitals by 2030. For instance, in 2021, England has built temporary hospitals to help cope with rising coronavirus cases. In the third quarter of 2021, the redevelopment of Hospitacite Hospital Complex was started and development of various hospital such as Lörrach Central Hospital campus, Galliera Hospital, and others will drive the demand of hospital lights and eventually drives the hospital lights market share. In addition, in 2022, the Government of China decided to set up at least two to three temporary hospitals to treat COVID-19 patients in Beijing. Furthermore, according to Pune Municipal Corporation (PMC) in India, ~INR 2 crore was approved in 2022 for the pending infrastructure work of a newly built municipal hospital in the Hadapsar area for providing COVID treatment... Thus, resuming of old projects and development of new hospital projects is further driving the hospital lights market size growth.

The hospital lights market is segmented on the basis of product type, technology, and application. Based on product type, the market is segmented into troffer, surface-mounted lights, surgical lamps, and others. Based on technology, the hospital lights market is segmented into fluorescent technology, LED technology, and others. In 2021, the LED technology segment led the market and accounted for the largest market share. Based on application, the hospital lights market is segmented into patient wards and ICUs, surgical suites, examination rooms, and others. In 2021, the patient wards and ICUs segment led the market and accounted for the largest market share. Geographically, the hospital lights market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, North America accounted for a significant share of the market.

The key players operating in the global hospital lights market and profiled in the market study include Signify Holding (Philips); ACUITY BRANDS, INC.; Cree Lighting; Dragerwerk AG & Co. KGaA; KLS Martin Group; Stryker Corporation; GE Current; Hubbell Incorporated; Trilux GMBH & Co. KG; Zumtmarketobel Lighting GMBH; Effe; Tulip; Planet Lighting; and Eagle Lighting Australia Private Ltd.

The overall hospital lights market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the hospital lights market. The process also serves the purpose of obtaining an overview and forecast for the hospital lights market with respect to all the segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the available data and gain more analytical insights. The participants of this process include VPs, business development managers, market intelligence managers, national sales managers, and external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in the hospital lights market.

According to our latest market study on “Hospital Lights Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type, Technology, and Application,” the market is expected to grow from US$ 5,432.01 million in 2021 to US$ 9,765.09 million by 2028; it is estimated to grow at a CAGR of 8.7% from 2021 to 2028.

Hospital lights are designed specifically for use in medical institutions. They are frequently built of sturdy materials and must be able to endure regular cleaning as well as a certain level of damage. As hospitals and other medical facilities must be as clean as possible, lighting must be resistant to water and chemicals.

The notable factors driving the growth of the hospital lights market include the increasing use of LED-based lighting fixtures, government initiatives to improve energy efficiency in hospitals, and advantages of LED over conventional lighting. Furthermore, elevated government support for the adoption of energy-efficient lighting solutions in hospitals has led to the rise in the use of LED-based lighting products over traditional lighting. Ongoing developments in lighting technology are likely to create lucrative market prospects during the forecast period. UV LED lights are a more secure lighting option than traditional lights. As UV light also serves as a disinfectant, it is also used for water and air treatment to control the spreading and survival of germs, eventually killing them. This factor is further propelling the adoption of UV LED lights across hospitals.

Due to robust healthcare infrastructure, Western European countries—such as Germany, France, Russia, and the UK—have witnessed a comparatively moderate decline in their production activities during the COVID-19 pandemic. The imbalance between the demand and supply sides during the lockdown phase in several European countries slightly limited the hospital light market growth in 2020 and 2021. However, government funding allocated for healthcare was redirected to frontline NHS issues, such as PPE availability and staffing, which resulted in low funds availability for the creation of new health and social care estate.

However, with the mitigation of the COVID-19 infection rate in late 2021, investments in hospitals infrastructure development and renovation have increased, which is likely to support the hospital lighting market growth. For instance, in 2021, governments in European countries announced Euro 3.7 billion to build 40 hospitals by 2030. In 2021, England built temporary hospitals to help cope with rising COVID-19 cases. In the third quarter of 2021, the redevelopment of Hospitacite Hospital Complex was started and the development of various hospital such as Lörrach Central Hospital campus, Galliera Hospital, and others is expected to drive the demand of hospital lights and eventually positively influence the hospital lights market growth.

The hospital lights market is segmented based on product type, technology, application, and geography. Based on product type, the market is segmented into troffer, surface-mounted lights, surgical lamps, and others. By technology, the hospital lights market is segmented into fluorescent technology, LED technology, and others. By application, the hospital lights market is segmented into patient wards and ICUs, surgical suites, examination rooms, and others. Based on geography, the hospital lights market is primarily segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South and Central America.

Acuity Brands, Dragerwerk, Hubbell Incorporated, Signify Holdings, and BFW Inc are key players operating in the hospital lights market. Several important market players were analyzed during this study to get a holistic view of the market and its ecosystem.

Key Findings of Study:

In 2020, the North America region accounted for the largest share of the hospital lights market. Continuous investments by the region’s local and federal government bodies to enhance their healthcare infrastructure for the better availability and accessibility of healthcare services to all its residents and foreign individuals is rising the investment of the region on building hospitals across the region. This results in the elevated demand for efficient lighting systems in hospitals across North America. The adoption of technologically advanced hospital lighting solutions, such as LED and fluorescent lamps, helps reduce the overall operational costs, and hospitals in this region have been capitalizing on the benefits of such modern products for better efficiency across surgical and operation theaters. Further, APAC is expected to register the highest CAGR in the hospital lights market during 2021–2028. The market growth in this region is ascribed to the presence of numerous hospital light manufacturers in several APAC countries. These manufacturers have been raising their research & development expenditure to develop new products enabled by advanced technologies. Additionally, they have increased their investments in building strategic partnerships worldwide to expand their footprints.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Hospital Lights Market- Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Hospital Lights Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America – PEST Analysis

4.2.2 Europe – PEST Analysis

4.2.3 Asia Pacific – PEST Analysis

4.2.4 MEA – PEST Analysis

4.2.5 South America – PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Hospital Lights Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Government Initiatives to Improve Energy Efficiency in Hospitals

5.1.2 Increasing Demand for High-performance LED Lighting During Surgeries

5.2 Market Restraints

5.2.1 Limited Product Development in the Field of Hospital Lights

5.3 Market Opportunities

5.3.1 Increasing Infrastructure Development of Hospitals

5.4 Future Trends

5.4.1 Rising Adoption of Energy-Efficient Solar-Based LED Lighting

6. Hospital Lights– Global Market Analysis

6.1 Global Overview

6.2 Global Hospital Lights Market Forecast and Analysis

6.3 Market Positioning of Key Players

7. Hospital Lights Market Analysis – By Product Type

7.1 Overview

7.2 Hospital Lights Market, By Product Type (2020 and 2028)

7.3 Troffer

7.3.1 Overview

7.3.2 Troffer: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Surface Mounted Light

7.4.1 Overview

7.4.2 Surface Mounted Light: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Surgery Lamps

7.5.1 Overview

7.5.2 Surgery Lamps: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Others

7.6.1 Overview

7.6.2 Others: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

8. Hospital Lights Market Analysis – By Technology

8.1 Overview

8.2 Hospital Lights Market, By Technology (2020 and 2028)

8.3 Fluorescent Technology

8.3.1 Overview

8.3.2 Fluorescent Technology: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

8.4 LED Technology

8.4.1 Overview

8.4.2 LED Technology: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Others

8.5.1 Overview

8.5.2 Others Application: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

9. Hospital Lights Market Analysis – By Application

9.1 Overview

9.2 Hospital Lights Market, By Application (2020 and 2028)

9.3 Patient Wards and ICUs

9.3.1 Overview

9.3.2 Patient Wards and ICUs: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Surgical Suites

9.4.1 Overview

9.4.2 Surgical Suites: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Examination Rooms

9.5.1 Overview

9.5.2 Examination Rooms: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Others

9.6.1 Overview

9.6.2 Others: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10. Hospital Lights Market – Geographic Analysis

10.1 Overview

10.2 North America: Hospital Lights Market

10.2.1 North America: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.2.2 North America: Hospital Lights Market, by Product Type

10.2.3 North America: Hospital Lights Market, by Technology

10.2.4 North America: Hospital Lights Market, by Application

10.2.5 North America: Hospital Lights Market, by Key Country

10.2.5.1 US: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.1.1 US: Hospital Lights Market, by Product Type

10.2.5.1.2 US: Hospital Lights Market, by Technology

10.2.5.1.3 US: Hospital Lights Market, by Application

10.2.5.2 Canada: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.2.1 Canada: Hospital Lights Market, by Product Type

10.2.5.2.2 Canada: Hospital Lights Market, by Technology

10.2.5.2.3 Canada: Hospital Lights Market, by Application

10.2.5.3 Mexico: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.3.1 Mexico: Hospital Lights Market, by Product Type

10.2.5.3.2 Mexico: Hospital Lights Market, by Technology

10.2.5.3.3 Mexico: Hospital Lights Market, by Application

10.3 Europe: Hospital Lights Market

10.3.1 Europe: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.3.2 Europe: Hospital Lights Market, by Product Type

10.3.3 Europe: Hospital Lights Market, by Technology

10.3.4 Europe: Hospital Lights Market, by Application

10.3.5 Europe: Hospital Lights Market, by Key Country

10.3.5.1 France: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.1.1 France: Hospital Lights Market, by Product Type

10.3.5.1.2 France: Hospital Lights Market, by Technology

10.3.5.1.3 France: Hospital Lights Market, by Application

10.3.5.2 Germany: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.2.1 Germany: Hospital Lights Market, by Product Type

10.3.5.2.2 Germany: Hospital Lights Market, by Technology

10.3.5.2.3 Germany: Hospital Lights Market, by Application

10.3.5.3 Italy: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.3.1 Italy: Hospital Lights Market, by Product Type

10.3.5.3.2 Italy: Hospital Lights Market, by Technology

10.3.5.3.3 Italy: Hospital Lights Market, by Application

10.3.5.4 UK: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.4.1 UK: Hospital Lights Market, by Product Type

10.3.5.4.2 UK: Hospital Lights Market, by Technology

10.3.5.4.3 UK: Hospital Lights Market, by Application

10.3.5.5 Russia: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.5.1 Russia: Hospital Lights Market, by Product Type

10.3.5.5.2 Russia: Hospital Lights Market, by Technology

10.3.5.5.3 Russia: Hospital Lights Market, by Application

10.3.5.6 Rest of Europe: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.6.1 Rest of Europe: Hospital Lights Market, by Product Type

10.3.5.6.2 Rest of Europe: Hospital Lights Market, by Technology

10.3.5.6.3 Rest of Europe: Hospital Lights Market, by Application

10.4 APAC: Hospital Lights Market

10.4.1 APAC: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.4.2 APAC: Hospital Lights Market, by Product Type

10.4.3 APAC: Hospital Lights Market, by Technology

10.4.4 APAC: Hospital Lights Market, by Application

10.4.5 APAC: Hospital Lights Market, by Key Country

10.4.5.1 Australia: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.1.1 Australia: Hospital Lights Market, by Product Type

10.4.5.1.2 Australia: Hospital Lights Market, by Technology

10.4.5.1.3 Australia: Hospital Lights Market, by Application

10.4.5.2 China: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.2.1 China: Hospital Lights Market, by Product Type

10.4.5.2.2 China: Hospital Lights Market, by Technology

10.4.5.2.3 China: Hospital Lights Market, by Application

10.4.5.3 India: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.3.1 India: Hospital Lights Market, by Product Type

10.4.5.3.2 India: Hospital Lights Market, by Technology

10.4.5.3.3 India: Hospital Lights Market, by Application

10.4.5.4 Japan: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.4.1 Japan: Hospital Lights Market, by Product Type

10.4.5.4.2 Japan: Hospital Lights Market, by Technology

10.4.5.4.3 Japan: Hospital Lights Market, by Application

10.4.5.5 South Korea: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.5.1 South Korea: Hospital Lights Market, by Product Type

10.4.5.5.2 South Korea: Hospital Lights Market, by Technology

10.4.5.5.3 South Korea: Hospital Lights Market, by Application

10.4.5.6 Rest of APAC: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.6.1 Rest of APAC: Hospital Lights Market, by Product Type

10.4.5.6.2 Rest of APAC: Hospital Lights Market, by Technology

10.4.5.6.3 Rest of APAC: Hospital Lights Market, by Application

10.5 MEA: Hospital Lights Market

10.5.1 MEA: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.5.2 MEA: Hospital Lights Market, by Product Type

10.5.3 MEA: Hospital Lights Market, by Technology

10.5.4 MEA: Hospital Lights Market, by Application

10.5.5 MEA: Hospital Lights Market, by Key Country

10.5.5.1 South Africa: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.1.1 South Africa: Hospital Lights Market, by Product Type

10.5.5.1.2 South Africa: Hospital Lights Market, by Technology

10.5.5.1.3 South Africa: Hospital Lights Market, by Application

10.5.5.2 Saudi Arabia: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.2.1 Saudi Arabia: Hospital Lights Market, by Product Type

10.5.5.2.2 Saudi Arabia: Hospital Lights Market, by Technology

10.5.5.2.3 Saudi Arabia: Hospital Lights Market, by Application

10.5.5.3 UAE: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.3.1 UAE: Hospital Lights Market, by Product Type

10.5.5.3.2 UAE: Hospital Lights Market, by Technology

10.5.5.3.3 UAE: Hospital Lights Market, by Application

10.5.5.4 Rest of MEA: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.4.1 Rest of MEA: Hospital Lights Market, by Product Type

10.5.5.4.2 Rest of MEA: Hospital Lights Market, by Technology

10.5.5.4.3 Rest of MEA: Hospital Lights Market, by Application

10.6 SAM: Hospital Lights Market

10.6.1 SAM: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.6.2 SAM: Hospital Lights Market, by Product Type

10.6.3 SAM: Hospital Lights Market, by Technology

10.6.4 SAM: Hospital Lights Market, by Application

10.6.5 SAM: Hospital Lights Market, by Key Country

10.6.5.1 Brazil: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.1.1 Brazil: Hospital Lights Market, by Product Type

10.6.5.1.2 Brazil: Hospital Lights Market, by Technology

10.6.5.1.3 Brazil: Hospital Lights Market, by Application

10.6.5.2 Argentina: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.2.1 Argentina: Hospital Lights Market, by Product Type

10.6.5.2.2 Argentina: Hospital Lights Market, by Technology

10.6.5.2.3 Argentina: Hospital Lights Market, by Application

10.6.5.3 Rest of SAM: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.3.1 Rest of SAM: Hospital Lights Market, by Product Type

10.6.5.3.2 Rest of SAM: Hospital Lights Market, by Technology

10.6.5.3.3 Rest of SAM: Hospital Lights Market, by Application

11. Hospital Lights Market – COVID-19 Impact Analysis

11.1 Overview

11.2 North America: Impact Assessment of COVID-19 Pandemic

11.3 Europe: Impact Assessment of COVID-19 Pandemic

11.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

11.6 South America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Market Initiative

12.2 Merger and Acquisition

12.3 New Development

13. Company Profiles

13.1 Signify Holding (Philips)

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 ACUITY BRANDS, INC.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Cree Lighting

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Dragerwerk AG & Co. KGaA

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 KLS Martin Group

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Stryker Corporation

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 GE Current

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Hubbell Incorporated

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Trilux GMBH & Co. KG

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Zumtobel Lighting GMBH

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary

LIST OF TABLES.

Table 1. Global Hospital Lights Market Revenue and Forecasts to 2028 (US$ Million)

Table 2. North America: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 3. North America: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 4. North America: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 5. US: Hospital Lights Market, by Product Type –Revenue and Forecast to 2028 (US$ Million)

Table 6. US: Hospital Lights Market, by Technology –Revenue and Forecast to 2028 (US$ Million)

Table 7. US: Hospital Lights Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 8. Canada: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 9. Canada: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 10. Canada: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 11. Mexico: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 12. Mexico: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 13. Mexico: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14. Europe: Hospital Lights Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)

Table 15. Europe: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 16. Europe: Hospital Lights Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 17. France: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 18. France: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 19. France: Hospital Lights Market, by Application – Revenue and Forecast t2o 2028 (US$ Million)

Table 20. Germany: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 21. Germany: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 22. Germany: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 23. Italy: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 24. Italy: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 25. Italy: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 26. UK: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 27. UK: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 28. UK: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 29. Russia: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 30. Russia: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 31. Russia: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 32. Rest of Europe: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 33. Rest of Europe: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 34. Rest of Europe: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 35. APAC: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 36. APAC: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 37. APAC: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 38. Australia: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 39. Australia: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 40. Australia: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 41. China: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 42. China: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 43. China: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 44. India: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 45. India: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 46. India: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 47. Japan: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 48. Japan: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 49. Japan: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 50. South Korea: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 51. South Korea: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 52. South Korea: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 53. Rest of APAC: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 54. Rest of APAC: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 55. Rest of APAC: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 56. MEA: Hospital Lights Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)

Table 57. MEA: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 58. MEA: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 59. South Africa: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 60. South Africa: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 61. South Africa: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 62. Saudi Arabia: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 63. Saudi Arabia: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 64. Said Arabia: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 65. UAE: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 66. UAE: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 67. UAE: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 68. Rest of MEA: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 69. Rest of MEA: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 70. Rest of MEA: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 71. SAM: Hospital Lights Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)

Table 72. SAM: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 73. SAM: Hospital Lights Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 74. Brazil: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 75. Brazil: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 76. Brazil: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 77. Argentina: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 78. Argentina: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 79. Argentina: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 80. Rest of SAM: Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 81. Rest of SAM: Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 82. Rest of SAM: Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 83. Glossary of terms, hospital lights market

LIST OF FIGURES.

Figure 1. Hospital Lights Market Segmentation

Figure 2. Hospital Lights Market Segmentation – By Region

Figure 3. Hospital Lights Market Overview

Figure 4. Troffers Held the Highest Share in Global Hospital Lights Market in 2020

Figure 5. Patient Wards and ICUs Held the Highest Share in Global Hospital Lights Market in 2020

Figure 6. Hospital Lights Market, by Geography

Figure 7. North America – PEST Analysis

Figure 8. Europe – PEST Analysis

Figure 9. Asia Pacific – PEST Analysis

Figure 10. MEA – PEST Analysis

Figure 11. South America – PEST Analysis

Figure 12. Expert Opinion

Figure 13. Hospital Lights Market: Impact Analysis of Drivers and Restraints

Figure 14. Global Hospital Lights Market

Figure 15. Global Hospital Lights Market Forecast and Analysis, (US$ Million)

Figure 16. Hospital Lights Market Revenue Share, by Product Type (2020 and 2028)

Figure 17. Troffer: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. Surface Mounted Light: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. Surgery Lamps: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Others: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. Hospital Lights Market Revenue Share, by Technology (2020 and 2028)

Figure 22. Fluorescent Technology: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. LED Technology: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Others Application: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. Hospital Lights Market Revenue Share, by Application (2020 and 2028)

Figure 26. Patient Wards and ICUs: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. Surgical Suites: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. Examination Rooms: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. Others: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. Global Hospital Lights Market Revenue Share, by Region (2020 and 2028)

Figure 31. North America: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. North America: Hospital Lights Market Revenue Share, by Product Type (2020 and 2028)

Figure 33. North America: Hospital Lights Market Revenue Share, by Technology (2020 and 2028)

Figure 34. North America: Hospital Lights Market Revenue Share, by Application (2020 and 2028)

Figure 35. North America: Hospital Lights Market Revenue Share, by Key Country (2020 and 2028)

Figure 36. US: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37. Canada: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38. Mexico: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39. Europe: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40. Europe: Hospital Lights Market Revenue Share, by Product Type (2020 and 2028)

Figure 41. Europe: Hospital Lights Market Revenue Share, by Technology (2020 and 2028)

Figure 42. Europe: Hospital Lights Market Revenue Share, by Application (2020 and 2028)

Figure 43. Europe: Hospital Lights Market Revenue Share, by Key Country (2020 and 2028)

Figure 44. France: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 45. Germany: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 46. Italy: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 47. UK: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 48. Russia: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 49. Rest of Europe: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 50. APAC: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 51. APAC: Hospital Lights Market Revenue Share, by Product Type (2020 and 2028)

Figure 52. APAC: Hospital Lights Market Revenue Share, by Technology (2020 and 2028)

Figure 53. APAC: Hospital Lights Market Revenue Share, by Application (2020 and 2028)

Figure 54. APAC: Hospital Lights Market Revenue Share, by Key Country (2020 and 2028)

Figure 55. Australia: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 56. China: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 57. India: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 58. Japan: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 59. South Korea: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 60. Rest of APAC: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 61. MEA: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 62. MEA: Hospital Lights Market Revenue Share, by Product Type (2020 and 2028)

Figure 63. MEA: Hospital Lights Market Revenue Share, by Technology (2020 and 2028)

Figure 64. MEA: Hospital Lights Market Revenue Share, by Application (2020 and 2028)

Figure 65. MEA: Hospital Lights Market Revenue Share, by Key Country (2020 and 2028)

Figure 66. South Africa: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 67. Saudi Arabia: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 68. UAE: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 69. Rest of MEA: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 70. SAM: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 71. SAM: Hospital Lights Market Revenue Share, by Product Type (2020 and 2028)

Figure 72. SAM: Hospital Lights Market Revenue Share, by Technology (2020 and 2028)

Figure 73. SAM: Hospital Lights Market Revenue Share, by Application (2020 and 2028)

Figure 74. SAM: Hospital Lights Market Revenue Share, by Key Country (2020 and 2028)

Figure 75. Brazil: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 76. Argentina: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 77. Rest of SAM: Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)

Figure 78. Impact of COVID-19 Pandemic in North America Country Markets

Figure 79. Impact of COVID-19 Pandemic in Europe Country Markets

Figure 80. Impact of COVID-19 Pandemic in Asia-Pacific Country Markets

Figure 81. Impact of COVID-19 Pandemic in Middle East and Africa Countries

Figure 82. Impact of COVID-19 Pandemic in South America Countries

List of Companies:

• Signify Holding (Philips)

• Acuity Brands, Inc.

• Cree Lighting

• Dragerwerk AG & Co. KGaA

• KLS Martin Group

• Stryker Corporation

• GE Current

• Hubbell Incorporated

• Trilux GMBH & Co. KG

• Zumtobel Lighting GMBH

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Hospital Lights market.

• Highlights key business priorities in order to assist companies to realign their business strategies

• The key findings and recommendations highlight crucial progressive industry trends in the global Hospital Lights market, thereby allowing players across the value chain to develop effective long-term strategies

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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