- HealthTech
- Wednesday, 29 Jul 2020
US Healthcare Lightings Market To see an Exclusive Growth during 2020-2027 with a revenue of $2271.08Mn
The US Healthcare Lightings market is growing along with the healthcare industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
The US healthcare lighting market is expected to reach US$ 2,271.08 Mn in 2027 from US$ 1,288.59 Mn in 2019. The market is estimated to grow with a CAGR of 6.6% from 2020-2027.
The healthcare industry is undergoing rapid transformations since a few years now. Various technological improvements have been witnessed in the segments including diagnosis and treatment options for chronic diseases. The increase in incidences of chronic illnesses and the increasing ageing population are the primary factors fuelling the growth of healthcare segment.
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The US Healthcare Lightings Market by lighting technology is segmented into LED Lighting, Fluorescent Lighting and Incandescent. The US Healthcare Lightings Market is dominated by LED technology segment in 2018 with a considerable market share by technology. This segment is also predicted to dominate the market in 2027.Also, LED technology segment is anticipated to witness growth at a significant rate during the forecast period, 2019 to 2027, owing to the most energy-efficient and rapidly growing lighting technologies
These factors are expected to offer broad growth opportunities in the healthcare industry and this is expected to cause the demand for Healthcare Lightings assays in the market.
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US Healthcare Lightings – MARKET SEGMENTATION
US Healthcare Lighting Market – By Product
- Troffers
- Surface-Mounted Lights
- Surgical Lamps
- Other Products
US Healthcare Lighting Market – By Lighting Technology
- LED Lighting
- Fluorescent Lighting
- Incandescent Lighting
US Healthcare Lighting Market – By Application
- Patient Room
- Surgical Suits
- Nursing Stations
- Outdoor
- Other Applications
Companies Mentioned
- General Electric Company
- Koninklijke Philips N.V
- Acuity Brands, Inc.
- Zumtobel
- Martin Group
- Hubbell
- Herbert Waldmann Gmbh & Co. KG
- Ideal Industries, Inc.
- Eaton
- Lumax Lighting
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