The Hospital Lighting Market has significant growth potential because of the rapid modernization of the healthcare infrastructure and the rising demand for medical facilities with advanced technology. The industry is also expanding as a result of government funding for upgraded hospital infrastructure, which includes the adoption of LED technology for energy-saving and efficient lighting. However, some of the factors inhibiting the growth of the Hospital Lighting Market sector include the expensive nature of the technology and product recalls due to technical issues. The main factors propelling market expansion are the constantly growing and developing healthcare facilities.
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