Lighting is an important feature for staff and patients in hospitals around the world. Clarity and reliability in areas such as patient and laboratory care is the primary function expected of lighting specifically designed for the healthcare sector. Most of the world's leading hospitals focus on their lighting conditions in order to improve the user experience, because lighting affects the human body mentally and physically.
Due to the rapid modernization of the healthcare infrastructure, together with the growing demand for technological equipment for healthcare, there are many opportunities for illuminating the healthcare market in the future.
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Government funding for better healthcare infrastructure through the integration of LED technology to save energy and efficient lighting is responsible for increasing the growth of the lighting care market. health in a rough time frame. Increasingly energy-efficient and technologically advanced LEDs offer significant financial and operational benefits due to their limited budget for medical and hospital facilities.
The healthcare lighting market is expected to grow with a specific compound annual growth rate (CAGR) of 6.2% over the forecast period.
Effects of Covid-19:
Due to the emergence of the new coronavirus, LED sales in healthcare are high, especially in hospitals. The lighting system is now used in hospital rooms to increase the sleep cycle along with maintaining the heart rhythm. The global education market has seen positive growth during the pandemic situation of the new coronavirus. Key players:
The main competitors in the medical lighting market include Cree Inc., Acuity Brands Lighting, Dragerwerk AG & co. KGaA, Eaton Corp. PLC, Daray Ltd., General Electric Co., Hill-Rom Co., Glamox Group, Hubbell Inc., KLS Martin Group, Kennell Manufacturing Co., LEDVANCE GmbH, AS, OMS, OSRAM GmbH, Orion Energy Systems Inc., Signify Netherlands BV, Stouch Lighting, Inc., Visa Lighting, TRILUX GmbH & Co. KG, Wipro Ltd, Waldmann Lighting and Zumtobel Group, among others.
Healthcare Lighting market segmentation:
Medical lighting segments include products, technologies, applications and geography. According to the product, the market is divided into trophies, ceiling lights and control lights. Through technology, the market is divided into renewable energy sources, fluorescent lamps and LEDs. Through the application, the market is divided into patient rooms, surgical costumes, nursing stations, outdoor facilities, nursing facilities and nursing homes. Based on geography, the market is studied for regions including North America, Europe, Asia Pacific and the rest of the world.
On the product side, it is said that the hit segment has a large share of the medical lighting market in the forecast period. Factors such as population growth and the growing trend for LED-based troopers in the healthcare sector are driving market growth over the forecast horizon. • In the technology segment, the LED segment is said to dominate the healthcare lighting market over the forecast period. With the growing use of LED lights around the world, there is a great demand for the LED segment because it is robust and energy saving drives market share growth in a rough time frame.
• The application segment is dominated by the patient room market in the medical lighting market and is expected to see strong market growth over the forecast period. Rising technological advances and the growing introduction of LED-based luminaires in hospitals are driving market share growth over the forecast period.
• North America will lead the healthcare lighting market over the forecast period. Well-established and large hospitals in the region, together with a growing number of hospitals and clinics developed with top services and well-equipped state-of-the-art equipment, are the driving force behind the growth of the lighting care market. in the health of the North American region. Europe is also expected to have the highest share of the healthcare lighting market due to increased research and development over the forecast period. Asia-Pacific is likely to see significant revenue growth in the healthcare lighting market over the forecast period due to a growing number of hospitals and a growing medical management system.