The size of the Asia Pacific hospital lighting market was worth USD 1.37 billion in 2023. The Asia Pacific market is anticipated to grow at a CAGR of 5.90% from 2024 to 2032 and be worth USD 2.29 billion by 2032 from USD 1.45 billion in 2024.
The hospital lighting market in the Asia Pacific is expected to have a stable outlook for the near future owing to the increasing urbanization and investment in healthcare by the governments for the provision of proper healthcare facilities, particularly in the developing countries.
Growing innovations in the lighting products as per the raising needs in the healthcare industry is majorly attributing the demand of the Asia Pacific hospital lighting market. Major companies are expanding their market share by developing the contract-based lighting. Increasing adoption of Latest LED technology in the market further accelerating the market growth.
High maintenance cost and low-quality products are the majorly impeding the growth rate of the market to some extent.
The Asia Pacific Chinese hospital lighting market is the dominating region in the Asia Pacific market. China electric industry provides raw material to biotechnology to manufacture lightning products for hospitals. Recently meteorological Department of China completed lighting protection detection of oxygen station in Huoshenshan & Leishenshan hospitals. Lighting protection enhances early warning capacities & security of medical workers & patients.
In India, Hospital Lighting contributes to improving patient outcomes and facility safety. Bright LED Lightening in hospitals elevates depressed patient mood. India surges unique lighting demand for medical devices such as MRI, CT scan in the healthcare sector. The Indian-based hospital lighting companies such as CANARA Lightening and Jaisons Electronics are dominating the Indian hospital lighting market.
Japan enhances LED lighting in the care environment to reduce energy and improve operational efficiency. Japanese manufacturers provide high designer lighting products & devices to hospitals. Research & Development innovates wireless lighting for the healthcare sector, which is estimated to outshine the demand levels of the hospital lighting market in Japan.
The Top companies leading in the APAC Hospital Lighting Market profiled in the report are General Electric Company, Eaton Corporation PLC, Cree Inc., Zumtobel Group AG, KLS Martin GmbH + Co. KG, Koninklijke Philips N.V., Herbert Waldmann GmbH & Co. KG, Trilux GmbH & Co. Kg, Hill-Rom Holdings Inc. and Acuity Brands.
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region