Skip to main content

Phototherapy Devices Market Size Worth USD 949.89 Million in 2032 | Emergen Research

Increasing R & D for the development of technologically advanced devices and growing incidences of skin diseases and neonatal jaundice are driving the demand of the Phototherapy Devices Market

Vancouver, Dec. 04, 2023 (GLOBE NEWSWIRE) — The global Phototherapy Devices Market is expected to reach USD 949.89 Million by 2032, according to a new report by Emergen Research. The growth of this market can be attributed to the growing awareness among patients about the advanced diagnostic solutions provided by the improved healthcare structure. Increasing research and development by the key manufacturers for the technological advancement of the devices is augmenting the demand for the industry.

 The pandemic has caused a shortage of essential life-saving devices and medical supplies. It has severely disrupted the supply chain and raw material supplies. To meet the growing demand of the medical supplies in between the pandemic, manufacturers have increased their production capacity. The manufacturers are adopting safety regulations and preventive measures without hampering the manufacturing process.

Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/120

Scope of Research

Report DetailsOutcome
Market size value in 2019USD 530.3 Million
CAGR (2023 – 2032)4.6%
Revenue forecast in 2032USD 949.89 Million
Base year for estimation2022
Historical data2019-2021
Forecast period2023-2032
Quantitative unitsVolume in Tons, Revenue in USD Thousand, and CAGR from 2023 to 2032
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments coveredProduct, Application, End User, region
Regional scopeNorth America; Europe; Asia Pacific; Central & South America; MEA
Country scopeU.S.; Canada; Mexico; U.K.; Germany; France; Italy; Spain; China; India; Japan; South Korea; Brazil; Saudi Arabia; South Africa; Turkey
Key companies profiledNatus Medical Incorporated, Philips Lighting Holding B.V., GE Healthcare, Atom Medical Corporation, Herbert Waldmann GmbH & Co. KG, Phoenix Medical Systems Pvt. Ltd., Nice Neotech Medical Systems Pvt. Ltd., Solarc Systems Inc., National Biological Corporation, and The Daavlin Company
Customization scope10 hrs of free customization and expert consultation

Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @
https://www.emergenresearch.com/request-discount/120

MAJOR COMPANIES and Market Share Analysis

The Phototherapy Devices Market is moderately fragmented with a large number of small and medium-sized manufacturers, which account for a major part of the global share. The manufacturers are well-equipped with manufacturing facilities and are involved in several research & development activities. Some of the prominent players in the Phototherapy Devices Market include:

  • Natus Medical Incorporated
  • Philips Lighting Holding B.V.
  • GE Healthcare
  • Atom Medical Corporation
  • Herbert Waldmann GmbH & Co. KG
  • Phoenix Medical Systems, Pvt. Ltd.
  • Nice Neotech Medical Systems Pvt. Ltd.
  • Solarc Systems Inc.
  • National Biological Corporation
  • The Daavlin Company

Strategic Development

In March 2017, Monica Healthcare was acquired by GE Healthcare. The acquisition was performed by GE Healthcare to expand its business of maternal-infant care and to remain competitive in the growing industry.

Direct Order Can Be Placed Through This Link [Exclusive Copy] @
https://www.emergenresearch.com/select-license/120

Key Highlights From The Report

  • LED-Based Phototherapy Devices dominate the market with a share of 55.8% in 2019 due to its cost-effectiveness and higher efficiency. 
  • The Hospitals & clinics segment dominated the phototherapy devices market due to the increasing number of neonatal jaundice cases. Besides, the favorable reimbursement policies generated by the U.S. government for curing skin conditions will indeed shift the patient’s preference towards hospital treatments. 
  • Asia-Pacific is expected to be the fastest-growing segment over the forecast period due to the enhancement of the healthcare infrastructure with advanced diagnostic solutions.   

Browse Full Report Description + Research Methodology + Table of Content + Infographics@
https://www.emergenresearch.com/industry-report/phototherapy-devices-market

Emergen Research has segmented the global Phototherapy Devices Market on the basis of Product, Application, End User, and region:

  • Product Outlook (Revenue, USD Billion; 2019-2032)
    • LED-Based Phototherapy  Devices
    • Fibreoptic Phototherapy  Devices
    • Conventional Phototherapy Devices (Fluorescent Lamps, Compact Fluorescent Lamps)
  • Application Outlook (Revenue, USD Billion; 2019-2032)
    • Neonatal Jaundice Management
    • Skin Disease Treatment (Vitiligo, Eczema, Psoriasis)
  • End User Outlook (Revenue, USD Billion; 2019-2032)
    • Homecare
    • Hospitals & Clinics
  • Regional Outlook (Revenue, USD Billion; 2019-2032)
    • North America
      1. U.S.
      2. Canada
    • Europe
      1. Germany
      2. UK
      3. France
      4. BENELUX
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • MEA
      1. Saudi Arabia
      2. UAE
      3. Rest of MEA

Curated Reports You Shouldn’t Miss: Dive In Now!

Human Microbiome Modulators Market By Product (Probiotics and Creams, Prebiotics and Dietary Supplements and Drugs), By Application (Digestive Health, Immune Health, Women’s Health, Oral Health, and Others), and By Region Forecast to 2030

Nanopharmaceutical Drugs Market By Type (Therapeutics, Regenerative Medicine, and Diagnostics), By Application (Clinical Oncology, Infectious Diseases, and Cardiovascular Diseases), By Nanomolecule, and By Region Forecast To 2030

Nerve Repair and Regeneration Market, By Product (Biomaterials and Neuromodulator devices), By Applications (Stem cell therapy and nerve grafting) By End-Use (Hospitals and clinics and Ambulatory services), and By Region Forecast to 2030

Immunotherapy Drugs Market By Drug Type (Monoclonal Antibodies, Immunomodulators, Vaccines, and Others), By Disease (Cancer, Autoimmune Diseases, Infectious Diseases, and Others), and By Region Forecast To 2030

Healthcare Supply Chain Management Market By Component (Software, Hardware), By Delivery Mode (On-premises Delivery, Cloud-based Delivery), By End-user (Manufacturers, Providers, Distributors), and By Region Forecast to 2027

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: https://www.emergenresearch.com/

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Explore Our Japanese Version: Phototherapy Devices Market

Explore Our Blogs and Insights Section: https://www.emergenresearch.com/insights

Read our Press Release @ https://www.emergenresearch.com/press-release/global-phototherapy-devices-market

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.