In the hospital lighting market, the wardroom application is witnessing high growth owing to increasing benefits for patient recovery. This is leading to the adoption of various technologies such as intelligent lights, human-centric lighting, etc., which supports in providing better indoor illumination for patients. These technologies aid better and faster patient recovery when exposed to proper lights, creating high awareness about better ward lighting. The human-centric lighting solutions are utilized in wardrooms to improve the sleep cycle, stabilize cardician rhythm, etc. Intelligent & advanced lights used in wardrooms create ambient environments to enhance patient comfort.
In the hospital lighting market, LED technology is gaining high traction owing to its prominent features such as energy efficiency and high product life span. The lights support enhanced colored rendering, which is beneficial for patients & employees in healthcare environments. The LED lights provide the dimming feature, which supports in creating ambient lighting for enhanced comfort and sleep supportive illumination, creating high demand in the market. Additionally, the increasing government regulations pertaining to energy efficiency and regular inspections in healthcare facilities has led to an increased demand for LED lights.
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A major factor hindering the hospital lighting market is high installation costs of new LED lights due to its lack of compatibility with the existing lighting system infrastructure. The complex installation process requires expert technicians to reduce the damages. The requirement of drivers in new lighting devices for smooth power supply incurs extra cost during the installation process. Another factor affecting the hospital lighting market is the high repair & maintenance costs associated with lighting devices. This process requires a special set of tools and machinery, which are intricate to handle. Several lighting products are unserviceable in nature and have repair limits, adding up to the replacement cost. Additionally, the LED and halogen devices pose thermal instability, leading to inefficiency. Increasing technological advancements & government subsidies for energy saving lights are supporting price reduction, aiding in overcoming challenges in the market.
An upcoming trend in the hospital lighting market is the human-centric lighting technology, which offers natural illumination features in closed structures. These lights are gaining high popularity in the healthcare sector owing to benefits such as circadian rhythm, productivity, energy saving, and emotional well-being of occupants. The human-centric light solutions are enabling hospitals to simulate natural daylight in the indoor environment, which is helpful for a patient suffering from dementia and mental illness. These solutions aid in improved sleeping cycles and faster recovery of patients. These benefits are leading to the increased adoption of devices, leading to the hospital lighting market development.
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The North America hospital lighting market is growing due to the high adoption of technically advanced solutions. For instance, in March 2018, Henderson hospital implemented the Kendall indigo clean lighting, which features technology that continuously disinfects the environment. Europe is witnessing rapid development in the industry owing to the presence of several major manufacturers & solution providers. The increasing adoption of human-centric lighting in the healthcare sector in European countries is supporting industry growth.
The major players operating in the hospital lighting market include General Electric Company, Eaton Corporation PLC, Trilux Lighting Ltd, Hubbell Incorporated, Acuity Brands Lighting Inc., Koninklijke Philips N.V., Ellumi Lighting, Cree Inc., Zumtobel Group AG, and KLS Martin Group. The market players are investing in R&D activities to develop technically advanced and innovative products to gain competitive advantages. Companies are implementing several strategies, such as partnerships, collaboration, merger & acquisitions, to gain high revenues. For instance, in June 2019, Acuity Brand announced the acquisition of WhiteOptics, LLC, which will support the company to expand its lighting segment product portfolio.
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