How LED Technology Is Altering the Future of the Hospital Lighting System Market
High demand for energy-efficient lighting solutions, especially LED-based, in medical centers is driving the growth of the hospital lighting system market globally. Growing health problems have led to a rise in the number of hospitals, which further require efficient lighting systems in operation rooms, patient rooms, and common areas. Globally, the sector generated revenue of $5,328.1 million in 2017 and is projected to advance at a CAGR of 6.4% during the forecast period (2018–2023).
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