Albany, NY -- (SBWIRE) -- 09/24/2015 -- Lighting is one of the important aspects in hospital infrastructure. Ambient lighting in hospital rooms and premises influence the various activities in hospitals such as effective accomplishment of visual tasks and thereby reducing errors and controlling the body's circadian system. Moreover, it also influences the mood and perception of patients and healthcare staff. Hence, hospital lighting and its efficient implementation is being considered as a critical parameter in the hospital infrastructure development.

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The market of hospital lighting can be segmented on the basis of types of lighting technologies such as fluorescent, incandescen and LED lighting technology. Additionally, the market can also be fragmented into types of lights such as surface mount lights, wraparound lights, troffers, parabolic bulbs, emergency lights and others. Moreover, the market can be segmented on the basis of hospital premises such as operating rooms, patient wards/rooms, diagnostic and imaging centers, mortuary, external hospital lighting and corridors and ancillary service rooms (kitchen, laundry, storage rooms) in hospitals. Furthermore, on the basis of geography, the hospital lighting market can be divided into four distinct regions of the globe, namely; North America, Europe, Asia-Pacific and Rest of the World (RoW). North America is considered as the largest market for hospital lighting products due to strong medical infrastructure and wide number of patients being treated in various hospitals. This is followed by Europe. However, Asia-Pacific is anticipated to be the fastest growing region during the forecast period from 2014 to 2020 due to rapid increase in medical tourism, strong patient base and growing healthcare infrastructure and expenditure.

The market of hospital lighting is anticipated to witness a steady growth during the forecast period from 2014 to 2020. Large number of multi-specialty and super-specialty hospitals in developed nations such as the U.S., the U.K. and Canada and increasing emphasis of patient oriented services by such hospitals are considered the key factors propelling market growth. For instance, a private research study found that the patients in hospitals are exposed for around 105 lux lighting daily, however approximately 1500 lux lighting is essential for maintenance of normal body cycle. In the low lighting exposure, patients usually suffer from depression, anxiety and fatigue and hence hospitals are rapidly coping up with the lighting standards to provide ambient hospital environment to the patients. Thus, these rising emphasis on patient oriented services by the healthcare organizations would boost market growth. Similarly, rising prevalence of chronic disease that requires inpatient services would boost the number of multi-specialty hospitals in the near future. For instance, cardiac diseases are considered one of the most important inpatient diseases in which patients are required to stay in the hospital for certain period. With rising prevalence of such diseases and other conditions (accidents, suicidal attempts and age related disorders), number of patients admitting in the hospitals is also increasing at a constant rate. This fact is considered as another major driver of this market growth. These factors, altogether, are anticipated to accelerate the growth of the hospital lighting market during the forecast period from 2014 to 2020. On the other hand, high cost and longer life span of modern lighting products are anticipated to key factors that would hamper market growth. Average lifespan of a LED light is around 50,000 work hours. This long life span of modern lights decreases the re-purchase of products in shorter period of time and hence would hamper market growth.

Some of the major players operating in this market include Lumax Lighting, Cree Lighting, Inc., Thorn Lighting Ltd., Zumtobel Lighting Ltd., KLS Martin Group, Hill-Rom Holdings, Inc., Medisana AG and Drager AG amongst others.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. This report provides comprehensive analysis of

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter's five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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