Published: September 2017
Report Code: SE11078
Category : Electronic System and Devices
Hospital Lighting System Market Overview
Global hospital lighting system market size was 5.1 billion in 2016, and is projected to reach $8.5 billion by 2023, growing at a CAGR of 7.6% during 2017 – 2023. Proper lighting in a hospital plays a significant role to make the patient calm during treatment and provide better illumination to medical practitioners and staff to improve productivity. The products offered for hospital lighting system includes troffers, surface-mounted lights, surgical lamps, and wraparounds. Emitting diode (LED), fluorescent and incandescent are the different technologies used in these products.
GLOBAL HOSPITAL LIGHTING SYSTEM MARKET, BY APPLICATION, $M (2013-2023)
In hospital lighting system market, troffers are expected to witness the fastest growth in demand globally. It offers superior color quality as compared to traditional hospital lighting, does not require ceiling alterations and offers high efficiency, thereby cutting energy consumption by 50%. These factors have resulted in higher demand of troffer lights. In addition, troffers have high efficiency and provide 85-120 lumens per watt, which is sufficient to lighten a large area. Geographically, Europe is expected to witness the fastest growth for hospital lighting systems during the forecast period, due to supportive government initiatives towards the implementation of efficient lighting system in hospitals across several developed countries.
These lights are applied in various areas of hospitals, including patient ward & suites, diagnostic & imaging center, surgical suites, and parking areas & garages. Patient wards & suites accounts for the largest revenue of hospital lights as government and private players of healthcare industry in the developing countries are investing heavily in hospital lighting system. During the forecast period, the market for surgical suites, which include a wide range of lighting devices with different color rendering index, are expected to witness the fastest growth. The hospital lighting system market for parking areas and garages is expected to show a robust growth, during the forecast period, as hospitals are adopting the latest technology in an attempt to minimize the risk of crime and notorious activities.
Hospital Lighting System Market Dynamics
The increasing investment in lighting of hospitals by government and private players is one of the prime growth factors of hospital lighting system industry. Lighting in hospitals can affect task performance, well-being and patient health. It also makes a major impact on visitors about the cleanliness and efficiency of a medical center.
The healthcare industry is observing an upsurge in the hospital infrastructure worldwide, due to increasing aging population and changing disease pattern, which in turn is driving the demand for lighting system in hospitals and other healthcare institutions. According to the World Bank, in 2017, a total of 19,217 hospitals and healthcare facilities were registered in 177 countries, which was much higher compared to previous year. To cater the increasing demand of growing population, the medical providers are taking steps to develop proper environment in hospitals using efficient lighting system to minimise visitor inconvenience, reduce errors and improve conditions for both staff and patients. These factors are anticipated to drive growth for hospital lighting system market.
Adequate amount of light in hospital building plays a crucial role for the well-being and lives of patients. The growing adoption of safe energy in hosketpitals through innovative technology such as LED and fluorescent and different product designs is anticipated to drive the demand for hospital lighting systems across the globe. Also, lighting systems in hospitals are now shifting towards a balance between natural and artificial lights in lobbies and corridors of hospitals, which result in 45-70% of light saving, making the lighting system more energy efficient.
Some of the major opportunities in hospital lighting system market include rising concern of governments towards carbon dioxide emission and adoption of wireless technology in hospital lighting.
Hospitals and healthcare institutions are under enormous pressure to find lighting products that offer minimum carbon emissions and reduced energy consumption. Lighting solution providers are now offering a bundle of mixed mode system using intelligent sensors technology. Mixed mode system allows natural and artificial light in the premises to turn on and off automatically according to patients’, visitors’, and staff’s movement. It allows to adjust the intensity of lights according to the amount of daylight present at any point of time, resulting in significant reduction in electricity usage and thereby, emitting minimum carbon dioxide. For instance, in U.K., Hammersmith Hospitals NHS Trust, recently announced to implement energy saving initiative using automatic lighting controls, to cut its carbon emission by 15% in the next two years.
Wireless controls are making it easier to adjust the amount of lighting according to individual needs. Hospitals provide recovering patients the facility to dim the light from remote locations such as hospital bed, for better health recovery. Technological advancements in lighting can also help make the hospital a happier and a livelier place. For instance, children’s hospital can give kids an iPad that allows them to control the colors of the light in the room, making hospital a little more fun and less scary, and promoting the healing process which could never be achieved through traditional lighting system.
Hospital Lighting System Market - Competitive Landscape
The hospital lighting system market is fragmented owing to the presence of large number of local and regional players, which intensifies the degree of rivalry. The market is growing at a notable pace, which leads to high intensity of rivalry. Some of the key market players such as General Electric, Philips Lighting and Osram Licht AG seek to gain market share through continuous innovations in technology and to safeguard their offerings are obtaining patents. High product differentiation is further decreasing the intensity of rivalry in the market. Some of the major players also include Acuity Brand Inc., Cree Inc., Zumtobel Group AG, Hubbell Lighting, Inc., Herbert Waldmann GmbH & Co. Kg, Trilux Gmbh & Co. Kg, and Orion Energy System Inc.
Key competitors are specifically focusing on Asia-Pacific and Middle-East & Africa regions for expansion of their lighting system solutions, as these regions show a strong tendency to adopt hospital lighting system in coming years. Similarly, manufacturers are also investing in Asia-Pacific to offer better lighting solutions for hospitals.