Phototherapy Equipment Market To Be Driven By Its Growing Adoption For The Treatment Of Skin Diseases In The Forecast Period Of 2023-2028

The new report by Expert Market Research titled, ‘Phototherapy Equipment Global Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the global phototherapy equipment market, assessing the market based on its segments like device type, modality, application, end-use, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents –

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2021-2026): 5.2%
• Forecast Market Size (2026): USD 675.9 million

Phototherapy is an effective treatment of newborn jaundice. In this therapy, neonates are exposed to fluorescent light, which aids their recovery by decreasing high bilirubin level. The phototherapy equipment market is likely to be driven by the increased use of phototherapy to for neonatal jaundice management. Increased demand for phototherapy equipment resulted from the rise in prevalence of skin illnesses around the world. In the foreseeable future, rising occurrences of psoriasis and eczema are predicted to increase demand for these devices.

Phototherapy Equipment Industry Definition and Major Segments

Phototherapy is a medical treatment that involves treating specific medical illnesses with fluorescent light bulbs or other sources of light such as halogen lights, sunlight, and light emitting diodes (LEDs).

There are various forms of phototherapy, and the type received will be determined by the ailment being treated. Light therapy and heliotherapy are additional terms for phototherapy.

Read Full Report with Table of Contents –

The phototherapy equipment market can be divided based on segments like device type, modality, application, and end-use. The industry can be broadly categorised based on its application into:

• Skin Disease Treatment
• Psoriasis
• Vitiligo
• Eczema
• Others
• Neonatal Jaundice Management

The phototherapy equipment market can be divided based on its device type:

• Conventional phototherapy equipment
• LED-based phototherapy equipment
• Fibreoptic phototherapy equipment

Based on modality, the industry can be divided into:

• Full-body phototherapy equipment
• Partial body phototherapy equipment

The industry can be divided on the basis of its end-use as:

• Hospitals
• Clinics
• Homecare

The regional markets of the product like:

• North America
• Latin America
• Europe
• The Middle East & Africa
• The Asia Pacific regions

Phototherapy Equipment Market Trends

There is a growing demand for technologically advanced phototherapy equipment that is both cost-effective and efficient, as well as having features that promote user safety. The rising prevalence of skin illnesses such as psoriasis, eczema, and acne is the primary driver of market expansion. Acne affects about 50 million people in the United States each year, according to the American Academy of Dermatology.

The rising number of newborns with neonatal jaundice is also projected to increase demand for this equipment in the future. Constant technical advancements are also expected to boost market expansion. For example, D-Rev, Design Revolution, a non-profit design firm, used LEDs to treat infant jaundice.

Key Market Players

The major players in the market are Philips Lighting Holding B.V., GE Healthcare, Natus Medical Incorporated, Herbert Waldmann GmbH & Co. KG, Nice Neotech Medical Systems Pvt. Ltd., Phoenix Medical Systems Pvt. Ltd., Atom Medical Corporation, National Biological Corp., Solarc Systems Inc. and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact

Company Name: Claight Corporation
Contact Person: Alex Steven, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA

Leave a Reply


The Sticker Shock: Training Vs Purchasing New Software

Not to Steve Wozniak and Jobs the two kids who changed earth forever from a small garage when they invented the primary amazing personal computer, that they can called Business. Incidentally it is Apple computers who also invented the incredible mouse that made it possible for the first in order to use a computer without […]

Read More

Work It And Look Out! – Musts And Pitfalls For Graphic Designers Presenting Work

Is just a Website Company or comprehensive Web Solution specialist? One of the critical mistakes companies make for you to assume that as soon as they have a website; customers will suddenly start flocking to which. WRONG! Don’t wait to market a lot more online swiftly. Ask the company what they can offer to optimize […]

Read More

Mobile Phone Tracking Software – Not Glamorous, Just Easy

Consider gasoline consumption – Today’s companies are ever-changing and there’s a a go up and down for best of luck. When how to pick a car, involving getting the top three with your list, see its fuel usage and remaining information. It is in order to think at the same considering you never wish down […]

Read More