Asia Pacific Hospital Lights Market Forecast to 2028 - COVID-19 Impact and Regional 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)
The Asia Pacific hospital lights market is expected to reach US$ 3,165.14 million by 2028 from US$ 1,614.83 million in 2021; it is expected to grow at a CAGR of 10.1% from 2021 to 2028.
Proper lighting of the surgical area is essential inside the operation theatre to avoid any kind of injury to the patient. High-performance LEDs play an important role in surgical lighting and light-based medical treatment. LED-based surgical lights have emerged as the preferred technology for overhead illumination in hospital operating rooms (ORs) and dental clinics.
These high-performance LED lights are generally manufactured according to requirements such as brightness, homogeneity, color rendering index (CRI), shadow dilution, and correlated color temperature (CCT). Moreover, when compared to typical surgical lighting systems that use halogen or gas-discharge bulbs, high-performance LEDs deliver superior lighting, longer life, and lower power usage. Thus, the increased demand for operating rooms in hospitals has resulted in a rise in the number of sophisticated healthcare facilities. This, in turn, will fuel the demand for high-performance LED lighting in surgery applications.
Moreover, an increase in product development and the presence of major market players, which offer LEDs to hospitals for surgical applications, will contribute to the market's growth. For example, Integra Life Sciences launched a new Codman specialty surgical device in April 2019, incorporating the Integra Duo LED surgical lamp. Further, the growing number of surgeries worldwide has had a favorable impact on the sector. In addition, LED surgical lights are also preferred by ambulatory surgery centers because they are more energy-efficient, consume less energy, and have a longer shelf life than halogen lights. Thus, the increasing adoption of LEDs in surgical applications is driving the market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the hospitals lights. The Asia Pacific hospital lights market is expected to grow at a good CAGR during the forecast period.
Asia Pacific Hospital Lights Market Revenue and Forecast to 2028 (US$ Million)
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Asia Pacific Hospital Lights Market Segmentation
The Asia Pacific hospital lights market is segmented into product type, technology, and application. Based on product type, the market is segmented into troffer, surface-mounted lights, surgical lamps, and others. In terms of technology, the market is segmented into fluorescent technology, led technology, and others. Based on application, the market is segmented into patient wards and ICUs, surgical suites, examination rooms, and others. Geographically, the Asia Pacific hospital lights market is segmented into Australia, China, India, Japan, South Korea, and the Rest of APAC.
Asia Pacific Hospital Lights Market Companies
Signify Holding (Philips), Cree Lighting, Dragerwerk AG & Co. KGaA, KLS Martin Group, Stryker Corporation, GE Current, Hubbell Incorporated, and Trilux GMBH & Co. KG are among the leading companies in the Asia Pacific hospital lights market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Asia Pacific Hospital Lights Market- Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Hospital Lights Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia Pacific – PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Asia Pacific 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. Asia Pacific Hospital Lights– Country Market Analysis
6.1 Country Overview
6.2 Asia Pacific Hospital Lights Market Forecast and Analysis
7. Asia Pacific Hospital Lights Market Analysis – By Product Type
7.1 Overview
7.2 Asia Pacific Hospital Lights Market, By Product Type (2020 and 2028)
7.3 Troffer
7.3.1 Overview
7.3.2 Troffer: Asia Pacific 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: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Surgery Lamps
7.5.1 Overview
7.5.2 Surgery Lamps: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Hospital Lights Market Analysis – By Technology
8.1 Overview
8.2 Asia Pacific Hospital Lights Market, By Technology (2020 and 2028)
8.3 Fluorescent Technology
8.3.1 Overview
8.3.2 Fluorescent Technology: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
8.4 LED Technology
8.4.1 Overview
8.4.2 LED Technology: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others Application: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Hospital Lights Market Analysis – By Application
9.1 Overview
9.2 Asia Pacific 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: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Surgical Suites
9.4.1 Overview
9.4.2 Surgical Suites: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Examination Rooms
9.5.1 Overview
9.5.2 Examination Rooms: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
10. Asia Pacific Hospital Lights Market – Country Analysis
10.1 Overview
10.2 APAC: Asia Pacific Hospital Lights Market
10.2.1 APAC: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.1 Australia: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.1.1 Australia: Asia Pacific Hospital Lights Market, by Product Type
10.2.1.1.2 Australia: Asia Pacific Hospital Lights Market, by Technology
10.2.1.1.3 Australia: Asia Pacific Hospital Lights Market, by Application
10.2.1.2 China: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.2.1 China: Asia Pacific Hospital Lights Market, by Product Type
10.2.1.2.2 China: Asia Pacific Hospital Lights Market, by Technology
10.2.1.2.3 China: Asia Pacific Hospital Lights Market, by Application
10.2.1.3 India: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.3.1 India: Asia Pacific Hospital Lights Market, by Product Type
10.2.1.3.2 India: Asia Pacific Hospital Lights Market, by Technology
10.2.1.3.3 India: Asia Pacific Hospital Lights Market, by Application
10.2.1.4 Japan: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.4.1 Japan: Asia Pacific Hospital Lights Market, by Product Type
10.2.1.4.2 Japan: Asia Pacific Hospital Lights Market, by Technology
10.2.1.4.3 Japan: Asia Pacific Hospital Lights Market, by Application
10.2.1.5 South Korea: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.5.1 South Korea: Asia Pacific Hospital Lights Market, by Product Type
10.2.1.5.2 South Korea: Asia Pacific Hospital Lights Market, by Technology
10.2.1.5.3 South Korea: Asia Pacific Hospital Lights Market, by Application
10.2.1.6 Rest of APAC: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.6.1 Rest of APAC: Asia Pacific Hospital Lights Market, by Product Type
10.2.1.6.2 Rest of APAC: Asia Pacific Hospital Lights Market, by Technology
10.2.1.6.3 Rest of APAC: Asia Pacific Hospital Lights Market, by Application
11. Industry Landscape
11.1 Market Initiative
11.2 Merger and Acquisition
11.3 New Development
12. Company Profiles
12.1 Signify Holding (Philips)
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Cree Lighting
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Dragerwerk AG & Co. KGaA
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 KLS Martin Group
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Stryker Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 GE Current
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Hubbell Incorporated
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Trilux GMBH & Co. KG
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Zumtobel Lighting GMBH
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. APAC: Asia Pacific Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. APAC: Asia Pacific Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 3. APAC: Asia Pacific Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Asia Pacific Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia: Asia Pacific Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 6. Australia: Asia Pacific Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. China: Asia Pacific Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. China: Asia Pacific Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 9. China: Asia Pacific Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. India: Asia Pacific Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. India: Asia Pacific Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 12. India: Asia Pacific Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan: Asia Pacific Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. Japan: Asia Pacific Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 15. Japan: Asia Pacific Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea: Asia Pacific Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 17. South Korea: Asia Pacific Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 18. South Korea: Asia Pacific Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of APAC: Asia Pacific Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of APAC: Asia Pacific Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of APAC: Asia Pacific Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 22. Glossary of terms, hospital lights market
LIST OF FIGURES
Figure 1. Asia Pacific Hospital Lights Market Segmentation
Figure 2. Asia Pacific Hospital Lights Market Overview
Figure 3. Troffers Held the Highest Share in Asia Pacific Hospital Lights Market in 2020
Figure 4. Asia Pacific Hospital Lights Market, by Country
Figure 5. Asia Pacific – PEST Analysis
Figure 6. Expert Opinion
Figure 7. Asia Pacific Hospital Lights Market: Impact Analysis of Drivers and Restraints
Figure 8. Asia Pacific Hospital Lights Market
Figure 9. Asia Pacific Hospital Lights Market Forecast and Analysis, (US$ Million)
Figure 10. Asia Pacific Hospital Lights Market Revenue Share, by Product Type (2020 and 2028)
Figure 11. Troffer: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Surface Mounted Light: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Surgery Lamps: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Others: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Asia Pacific Hospital Lights Market Revenue Share, by Technology (2020 and 2028)
Figure 16. Fluorescent Technology: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. LED Technology: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Others Application: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Asia Pacific Hospital Lights Market Revenue Share, by Application (2020 and 2028)
Figure 20. Patient Wards and ICUs: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Surgical Suites: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Examination Rooms: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Others: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Asia Pacific Hospital Lights Market Revenue Share, by Region (2021 and 2028)
Figure 25. APAC: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Australia: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. China: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. India: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Japan: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. South Korea: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of APAC: Asia Pacific Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
- Signify Holding (Philips)
- Cree Lighting
- Dragerwerk AG & Co. KGaA
- KLS Martin Group
- Stryker Corporation
- GE Current
- Hubbell Incorporated
- Trilux GMBH & Co. KG
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific 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 Asia Pacific 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 APAC 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 security interest with respect to client products, segmentation, pricing and distribution.