South and Central America 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 South & Central America hospital lights market is expected to reach US$ 387.47 million by 2028 from US$ 256.65 million in 2021; it is expected to grow at a CAGR of 6.1% from 2021 to 2028.
Hospitals and clinics have high energy demands due to 24x7 availability, medical imaging equipment, and special requirements for clean air and disease control. Energy efficiency has become a major policy instrument worldwide, assisting in meeting the significant increase in energy demand. All the government and non-government agencies are working together toward sustainable energy usage. The new eco-design requirements include measures to raise the minimum energy efficiency requirements for lighting products which will see some less efficient lamp types phased out.
Moreover, due to the energy shortage, energy saving, emission reduction, and green development have become the common concerns of countries worldwide. Government initiatives toward the adoption of LED lights will contribute to transforming old hospitals building into new energy-efficient hospitals, thereby 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 Market. The South & Central America hospital lights market is expected to grow at a good CAGR during the forecast period.
South & Central America Hospital Lights Market Revenue and Forecast to 2028 (US$ Million)
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South & Central America Hospital Lights Market Segmentation
The South & Central America 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 South & Central America hospital lights market is segmented into Brazil, Argentina, and the Rest of South & Central America.
South & Central America Hospital Lights Market Companies
Signify Holding (Philips), Cree Lighting, Dragerwerk AG & Co. KGaA, KLS Martin Group, Stryker Corporation, Hubbell Incorporated, and Zumtobel Lighting GMBH are among the leading companies in the South & Central America hospital lights market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. South and Central America Hospital Lights Market- Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South and Central America Hospital Lights Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 South America – PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. South and Central America 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. South and Central America Hospital Lights– Country Market Analysis
6.1 Country Overview
6.2 South and Central America Hospital Lights Market Forecast and Analysis
7. South and Central America Hospital Lights Market Analysis – By Product Type
7.1 Overview
7.2 South and Central America Hospital Lights Market, By Product Type (2020 and 2028)
7.3 Troffer
7.3.1 Overview
7.3.2 Troffer: South and Central America 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: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Surgery Lamps
7.5.1 Overview
7.5.2 Surgery Lamps: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
8. South and Central America Hospital Lights Market Analysis – By Technology
8.1 Overview
8.2 South and Central America Hospital Lights Market, By Technology (2020 and 2028)
8.3 Fluorescent Technology
8.3.1 Overview
8.3.2 Fluorescent Technology: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
8.4 LED Technology
8.4.1 Overview
8.4.2 LED Technology: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others Application: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
9. South and Central America Hospital Lights Market Analysis – By Application
9.1 Overview
9.2 South and Central America 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: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Surgical Suites
9.4.1 Overview
9.4.2 Surgical Suites: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Examination Rooms
9.5.1 Overview
9.5.2 Examination Rooms: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
10. South and Central America Hospital Lights Market – Country Analysis
10.1 Overview
10.2 SAM: South and Central America Hospital Lights Market
10.2.1 SAM: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.1 Brazil: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.1.1 Brazil: South and Central America Hospital Lights Market, by Product Type
10.2.1.1.2 Brazil: South and Central America Hospital Lights Market, by Technology
10.2.1.1.3 Brazil: South and Central America Hospital Lights Market, by Application
10.2.1.2 Argentina: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.2.1 Argentina: South and Central America Hospital Lights Market, by Product Type
10.2.1.2.2 Argentina: South and Central America Hospital Lights Market, by Technology
10.2.1.2.3 Argentina: South and Central America Hospital Lights Market, by Application
10.2.1.3 Rest of SAM: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.3.1 Rest of SAM: South and Central America Hospital Lights Market, by Product Type
10.2.1.3.2 Rest of SAM: South and Central America Hospital Lights Market, by Technology
10.2.1.3.3 Rest of SAM: South and Central America 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
12.7 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 Zumtobel Lighting GMBH
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
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. SAM: South and Central America Hospital Lights Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 2. SAM: South and Central America Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 3. SAM: South and Central America Hospital Lights Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: South and Central America Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Brazil: South and Central America Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 6. Brazil: South and Central America Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina: South and Central America Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Argentina: South and Central America Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 9. Argentina: South and Central America Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of SAM: South and Central America Hospital Lights Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of SAM: South and Central America Hospital Lights Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of SAM: South and Central America Hospital Lights Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. Glossary of terms, hospital lights market
LIST OF FIGURES
Figure 1. South and Central America Hospital Lights Market Segmentation
Figure 2. South and Central America Hospital Lights Market Overview
Figure 3. Troffers Held the Highest Share in South and Central America Hospital Lights Market in 2020
Figure 4. South and Central America Hospital Lights Market, by Country
Figure 5. South America – PEST Analysis
Figure 6. Expert Opinion
Figure 7. South and Central America Hospital Lights Market: Impact Analysis of Drivers and Restraints
Figure 8. South and Central America Hospital Lights Market
Figure 9. South and Central America Hospital Lights Market Forecast and Analysis, (US$ Million)
Figure 10. South and Central America Hospital Lights Market Revenue Share, by Product Type (2020 and 2028)
Figure 11. Troffer: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Surface Mounted Light: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Surgery Lamps: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Others: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. South and Central America Hospital Lights Market Revenue Share, by Technology (2020 and 2028)
Figure 16. Fluorescent Technology: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. LED Technology: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Others Application: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. South and Central America Hospital Lights Market Revenue Share, by Application (2020 and 2028)
Figure 20. Patient Wards and ICUs: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Surgical Suites: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Examination Rooms: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Others: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. South and Central America Hospital Lights Market Revenue Share, by Region (2021 and 2028)
Figure 25. SAM: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Brazil: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Argentina: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Rest of SAM: South and Central America Hospital Lights Market – Revenue and Forecast to 2028 (US$ Million)
- Signify Holding (Philips)
- Cree Lighting
- Dragerwerk AG & Co. KGaA
- KLS Martin Group
- Stryker Corporation
- Hubbell Incorporated
- Zumtobel Lighting GMBH
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