The Hospital Lighting Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Hospital Lighting Market?
The market size of hospital lighting has experienced robust growth recently. It is projected to increase from $8.29 billion in 2024 to $8.78 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Hospital Lighting Industry?
The hospital lighting market is projected to increase to a value of $11.82 billion by the year 2029. The compound annual growth rate (CAGR) for this period is expected to be 7.7%.
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What are the Key Growth Drivers Fueling the Hospital Lighting Market?
The key drivers in the hospital lighting market are:
• Investment in research and development initiatives
• Sustainability goals within the healthcare sector
• The integration of smart technology in hospitals
• Emphasis on cost-effective infrastructure modernization
Global Market Segmentation: Identifying Major Hospital Lighting Industry Segments
The hospital lighting market covered in this report is segmented –
1) By Product: Troffers, Surface-Mounted Lights, Surgical Lamps, Other Products
2) By Technology: Fluorescent, LED, Renewable Energy, Other Technologies
3) By Application: Patient Wards and ICUs, Examination Rooms, Surgical Suites, Other Applications
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What are the Emerging Trends Shaping the Future of the Hospital Lighting Market?
The key trends in the hospital lighting market are:
• The market is influenced by the introduction of biophilic design concepts.
• There is a rising trend towards data-driven lighting designs in the sector.
• The focus on wellness-oriented design is a key trend shaping the market.
• An emerging trend is the increased utilization of remote monitoring, management and adaptive lighting controls.
Who Are the Top Competitors & Leading Players in the Hospital Lighting Market?
Major companies in the hospital lighting market are:
• Acuity Brands Inc.
• KLS Martin Group
• Eaton Corporation PLC.
• Hubbell Incorporated
• Koninklijke Philips NV
• Trilux GmbH & Co KG
• Zumtobel Group
• General Electric Company
• Kenall Manufacturing Company
• Brandon Medical Company
• Drägerwerk AG & Co KGaA
• Signify Holding BV
• Osram Licht AG
• Orion Energy Systems Inc.
• Thorn Lighting Ltd.
• Waldmann GmbH & Co. KG
• Skytron LLC
• Halma PLC
• JVS Technologies Pvt Ltd.
• Healthcare Lighting Solutions
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the hospital lighting market in 2024
