The phototherapy devices market is an emerging market in the medical device industry which consists of public and private companies. The companies are engaged in the development, manufacturing, and distribution of the phototherapy devices, and its accessories.
The global phototherapy devices market was valued at approximately $682.3 million in 2018 and is anticipated to reach $1.07 billion by 2028. The incidence of skin diseases such as psoriasis, vitiligo, and acne are growing which impacts the market demand for the phototherapy devices positively. The healthcare infrastructure in the developed market such as the U.S. and Germany has helped in the high adoption of phototherapy devices. The developing markets such as India and South Africa face a relatively lower installation for the phototherapy devices due to lack of awareness and limitations in the medical infrastructure. There are a limited number of market players operating in the market, whereas the market is expected to witness the entry of new players. The product approvals for the phototherapy devices is awaited in the market for some of the new entrants.
Market Segmentation
The global phototherapy devices market is segmented by the regions into North America, Europe, Asia-Pacific, Latin America, and Middle-East. North America is the leading contributor to the global phototherapy devices market.
The market has been segmented into ‘product’, ‘application’, ‘end-user’, ‘configuration’, and ‘regions’. The report presents the reader with an opportunity to unlock comprehensive insights with respect to the market and helps in forming well-informed strategic decisions. The research uncovers some of the substantial parameters that must be taken into consideration by industry players before entering the market.
Key Players
The key players who have been contributing significantly to the phototherapy devices market include Atom Medical Corporation, AVI Healthcare Pvt. Ltd., GE Healthcare Inc., Herbert Waldmann GmbH & Co. Kg, Honle UV America, Inc., Ibis Medical Equipment & Systems Pvt. Ltd., National Biological Corporation, Natus Medical Incorporated, Nice Neotech Medical Systems Pvt. Ltd. Ningbo David Medical Device Co., NOVOS, Philips Lighting Holding B.V., Phoenix Medical Systems Pvt. Ltd. Solarc Systems, Inc., Daavlin, Weyer GmbH, Drägerwerk AG & Co. KGaA, and NeoMedlight, among others.
Key Questions Answered in this Report:
• What are the major market drivers, challenges, and opportunities in the global phototherapy devices market?
• What was the market value of the leading segments of the global phototherapy devices market in 2018?
• How will each segment of the global phototherapy devices market grow during the forecast period and what will be the revenue generated by each of the segments by the end of 2028?
• What are the influencing factors that may affect the market share of the key players?
• How will the industry evolve during the forecast period 2018- 2028?
• Who are the key players in the global phototherapy devices and what are their contributions?
• What are the key development strategies that are being implemented by the key players to sustain in this market?
• What is the market share of each of the companies in the market ecosystem?
• What are the major benefits of the implementation of phototherapy devices in the different field of applications including skin treatment, neonatal jaundice management, and others?
• What is the scope of phototherapy devices in the regions of North America, Europe, Asia-Pacific, Latin America, and Middle-East?
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The research study considers the market share analysis for a comprehensive understanding of the global phototherapy devices market, and assesses the factors governing the same. Opportunity matrix and detailed product mapping have been included in the report. The market by region has been further sub-segmented in various countries, and in each sub-segment the key market trends, list of the key players, and the recent developments.
Phototherapy devices are used for treating neonatal jaundice and various skin conditions.
Phototherapy devices are also used in treating hyperbilirubinemia in both haemolytic and non-hemolytic conditions.
Phototherapy devices are facilitating greater patient convenience and hence witnessing widespread adoption in hospitals and clinics.Majority of phototherapy device manufacturers are actively focusing on raising the standards of medical technology in skin disease treatment.
Rising concerns over severe skin ailments and introduction of advanced phototherapy treatments is facilitating the growth of the global phototherapy device market.
A recent report by Fact.MR provides in-depth analysis of the global phototherapy devices market for the forecast period 2017-2022, and offers pragmatic insights to lead market players towards devising & implementing informed strategies.
In this phototherapy devices market study, the following years are considered to predict the market footprint:History Year: 2012-2016Base Year: 2012Estimated Year: 2022Forecast Year: 2017 – 2022The business intelligence study of the phototherapy devices market covers the estimation size of the market both in terms of value (Mn/Bn USD) and volume (x units).
The global Phototherapy Devices Market is expected to reach USD 758.6 Million by 2027, 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 Global Phototherapy Devices Market research study published by Emergen Research is an extensive collection of insightful information about the Phototherapy Devices industry.
The report covers the Phototherapy Devices Market segmentation along with a detailed outline of the Phototherapy Devices market size with regards to volume and valuation.
The Phototherapy Devices market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.Get a sample of the report @ https://www.emergenresearch.com/request-sample/120Market Dynamics:The report offers insightful information about the market dynamics of the Phototherapy Devices market.
It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Phototherapy Devices market, competitive landscape, factors affecting it, and to predict the growth of the industry.
September 28, 2018: The global Infant Phototherapy Devices market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at a CAGR of during 2018-2025.
The objectives of this study are to define, segment, and project the size of the Infant Phototherapy Devices market based on company, product type, end user and key regions.
This report studies the global market size of Infant Phototherapy Devices in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Infant Phototherapy Devices in these regions.
This report also studies the global Infant Phototherapy Devices market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.The following manufacturers are covered in this report, with sales, revenue, and market share for each company:Atom Medical Corporation • AVI Healthcare Pvt.
• Natus Medical Incorporated • Ningbo David Medical Device Co • Fanem • Weyer GmbH • Zhengzhou Dison Instrument and Meter CoRequest a Free Sample Copy of this Report @ https://www.radiantinsights.com/research/global-infant-phototherapy-devices-market-insights-forecast-to-2025/request-sampleMarket size by ProductFluorescent Lamps (FL) • Light-emitting Diodes (LEDs) • Quartz Halogen Lamps • Gas Discharge TubesMarket size by End UserHospital • Neonatal ClinicsThe study objectives of this report are:To study and analyze the global Infant Phototherapy Devices market size (value & volume) by company, key regions, products and end user, breakdown data from 2013 to 2017, and forecast to 2025.
• To understand the structure of Infant Phototherapy Devices market by identifying its various subsegments.
