Phototherapy Equipment Market Set to Register $ 800 MN by 2026

The Global Phototherapy Equipment Market Size is Projected to Reach US$ 800 Million by 2026 and is expected to witness 5.9% CAGR during the forecast period 2019 to 2026.

The increasing incidence of skin illnesses worldwide has resulted to increasing demand for equipment for phototherapy. Nearly 150,000 fresh instances of psoriasis grow in the United States annually, according to the healthline information. In the near future, therefore, growing psoriasis will increase demand for these appliances. Eczema has also led to business development as one of the most serious skin conditions. Jaundice is another condition which needs phototherapy to lower elevated concentrations of bilirubin.

Around 60 to 80 percent of healthy newborns will probably develop neonatal jaundice, says the national Center for Information Biotechnology (NCBI). In addition, the market will grow steadily as a result of steady technological advances. Highly adopted LED-based devices have further accelerated market expansion. The LED lights have a long-lasting impact, are cheaper than standard ones. These lights have also been shown to be extremely efficient in neonatal jaundice treatment. Therefore, technological improvements have affected market growth.

Moreover, factors that will be expected to lead the market in the near future include the fast increase of Neonatal jaundice and other skin diseases due to unhealthy worldwide circumstances, technological improvements and enhanced preference for use of LEDs based phototherapy. The neonatal jaundice products are anticipated to grow comparatively greater, due to the reality that about 50% of preterm infants and about 80% of preterm children develop yellowing within 2-4 days of birth and the demand for effective therapy is high.

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Awareness of sophisticated therapy alternatives and better healthcare and facilities among patients is expected to contribute to market development. Patients with skin conditions also have anticipated the implementation of phototherapy devices for home use to increase demand.

In turn, strict rules linked to device approvals by the government as well as intensive competition with alternative therapy alternatives for skin ailments, such as 21CFR Part 807 of the FDA, or the Central Drug Standards Control Organization, CDSCO of India are expected to behave as restricting factors for the market for phototherapy equipment.

Key Findings

The second largest share of the market in conventional phototherapy equipment was the broad use of such equipment in the therapy of skin diseases. Due to its cost-effectiveness and durable impact, LED machinery is anticipated to experience the greatest CAGR over the projected era.

Due to increasing incidence of psoriasis and eczema, the segments of skin cancer applications represented the biggest share of income in 2018.

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The peak development at CAGR is projected to be around 6.5 percent during the prediction era owing to the growing occurrence of the condition in neonatal jaundice management.

Due to rapid use of sophisticated technology in the field of phototherapy in this area, North America resulted the phototherapy market in 2018.

Key Players & Strategies

Natus Medical, Inc.; Philips Lighting Holding B.V., Herbert Waldmann GmbH & Co., are some of the leading businesses available on the market. Other includes Nice Neotech Medical Systems Pvt. Ltd.; NBC; Solarc Systems, Inc. and Atom Medical Corp.

Companies have adopted multiple policies to enhance their worldwide presence, such as mergers and acquisitions. In March 2017 for example, Monica Healthcare, a UK-based firm, was purchased by GE Healthcare to expand its maternal childcare enterprise. The purchase merged Monica Healthcare’s expertise and digital innovation with the maternal and infant care company of GE Healthcare’s.

Due to its broad and varied product range combined with its international presence, GE Healthcare became a worldwide market leader in phototherapy equipment in 2015.

TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Phototherapy Equipment
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Phototherapy Equipment Market By Product
1.2.2.1. Global Phototherapy Equipment Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Phototherapy Equipment Market Revenue Share By Product in 2017
1.2.2.3. LED
1.2.2.4. Conventional
1.2.2.5. Fiberoptic
1.2.3. Phototherapy Equipment Market By Application
1.2.3.1. Global Phototherapy Equipment Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Neonatal Jaundice Management
1.2.3.3. Skin Disease Treatment
1.2.4. Phototherapy Equipment Market By End Use
1.2.4.1. Global Phototherapy Equipment Market Revenue and Growth Rate Comparison By End Use (2015-2026)
1.2.4.2. Homecare
1.2.4.3. Hospitals & Clinics
1.2.5. Phototherapy Equipment Market by Geography
1.2.5.1. Global Phototherapy Equipment Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America Phototherapy Equipment Market Revenue and Growth Rate (2015-2026)
1.2.5.3. Europe Phototherapy Equipment Market Revenue and Growth Rate (2015-2026)
1.2.5.4. Asia-Pacific Phototherapy Equipment Market Revenue and Growth Rate (2015-2026)
1.2.5.5. Latin America Phototherapy Equipment Market Revenue and Growth Rate (2015-2026)
1.2.5.6. Middle East and Africa (MEA) Phototherapy Equipment Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Phototherapy Equipment Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Phototherapy Equipment Major Manufacturers in 2017
3.3. R&D Status and Technology Product of Global Phototherapy Equipment Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Phototherapy Equipment Major Manufacturers in 2017

CHAPTER 4. PHOTOTHERAPY EQUIPMENT MARKET BY PRODUCT

4.1. Global Phototherapy Equipment Revenue By Product
4.2. LED
4.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.3. Conventional
4.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.4. Fiberoptic
4.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 5. PHOTOTHERAPY EQUIPMENT MARKET BY APPLICATION

5.1. Global Phototherapy Equipment Revenue By Application
5.2. Neonatal Jaundice Management
5.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.3. Skin Disease Treatment
5.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 6. PHOTOTHERAPY EQUIPMENT MARKET BY END USE

6.1. Global Phototherapy Equipment Revenue By End Use
6.2. Homecare
6.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.3. Hospitals & Clinics
6.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 7. NORTH AMERICA PHOTOTHERAPY EQUIPMENT MARKET BY COUNTRY

7.1. North America Phototherapy Equipment Market Revenue and Growth Rate, 2015 – 2026 ($Million)
7.2. North America Phototherapy Equipment Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Phototherapy Equipment Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
7.5. Mexico
7.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.5.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 8. EUROPE PHOTOTHERAPY EQUIPMENT MARKET BY COUNTRY

8.1. Europe Phototherapy Equipment Market Revenue and Growth Rate, 2015 – 2026 ($Million)
8.2. Europe Phototherapy Equipment Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.5.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.6.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.7.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 9. ASIA-PACIFIC PHOTOTHERAPY EQUIPMENT MARKET BY COUNTRY

9.1. Asia-Pacific Phototherapy Equipment Market Revenue and Growth Rate, 2015 – 2026 ($Million)
9.2. Asia-Pacific Phototherapy Equipment Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.5.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
9.6.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.6.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
9.7.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.7.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
9.8.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.8.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 10. LATIN AMERICA PHOTOTHERAPY EQUIPMENT MARKET BY COUNTRY

10.1. Latin America Phototherapy Equipment Market Revenue and Growth Rate, 2015 – 2026 ($Million)
10.2. Latin America Phototherapy Equipment Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
10.4. Argentina
10.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.5.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 11. MIDDLE EAST PHOTOTHERAPY EQUIPMENT MARKET BY COUNTRY

11.1. Middle East Phototherapy Equipment Market Revenue and Growth Rate, 2015 – 2026 ($Million)
11.2. Middle East Phototherapy Equipment Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Saudi Arabia
11.3.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
11.4. UAE
11.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
11.5. Rest of Middle East
11.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.5.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 12. AFRICA PHOTOTHERAPY EQUIPMENT MARKET BY COUNTRY

12.1. Africa Phototherapy Equipment Market Revenue and Growth Rate, 2015 – 2026 ($Million)
12.2. Africa Phototherapy Equipment Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. South Africa
12.3.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
12.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
12.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
12.4. Egypt
12.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
12.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
12.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
12.5. Rest of Africa
12.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
12.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
12.5.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 13. COMPANY PROFILE

13.1. Natus Medical, Inc.
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. Philips Lighting Holding B.V.
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. Herbert Waldmann GmbH & Co.KG
13.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Nice Neotech Medical Systems Pvt. Ltd.
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. NBC
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. Solarc Systems, Inc
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. Atom Medical Corp.
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Type Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. Others
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Type Portfolio
13.8.5. Key Developments
13.8.6. Strategies

CHAPTER 14. RESEARCH APPROACH

14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope

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