Hospitals Lighting Market to Reach $9 Million by 2028

The hospital lights market is expected to grow from $5,432.01 million in 2021 to $9,765.09 million by 2028, growing at a CAGR of 8.7 percent from 2021 to 2028. 

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. Elevated government support for the adoption of energy-efficient lighting solutions in hospitals also 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. Ultraviolet (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. 

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.