
Phototherapy Equipment Market by Product (Conventional Phototherapy Equipment, Fiber Optic Phototherapy Equipment, LED Phototherapy Equipment), Radiation (Ultraviolet A (UVA), Ultraviolet B (UVB), Ultraviolet C (UVC)), Application, End-User - Global Forec
Description
Phototherapy Equipment Market by Product (Conventional Phototherapy Equipment, Fiber Optic Phototherapy Equipment, LED Phototherapy Equipment), Radiation (Ultraviolet A (UVA), Ultraviolet B (UVB), Ultraviolet C (UVC)), Application, End-User - Global Forecast 2024-2030
The Phototherapy Equipment Market size was estimated at USD 580.04 million in 2023 and expected to reach USD 611.53 million in 2024, at a CAGR 5.63% to reach USD 851.23 million by 2030.
Phototherapy equipment is a medical device designed to treat various conditions through applying light. These phototherapy devices emit specific wavelengths of light to target and treat skin disorders, neonatal jaundice, and certain types of depression, among other health issues. The equipment encompasses various forms such as lamps, light-emitting diodes (LEDs), lasers, and light boxes tailored to deliver ultraviolet (UV), blue light, or other specific spectrums, depending on the treatment requirements. Phototherapy is a non-invasive therapy method favored for its efficacy, safety, and minimal side effects, playing a crucial role in both clinical and home care settings. Escalating the incidence of neonatal jaundice and skin disorders coupled with a growing preference for home phototherapy care increases market adoption. However, adverse recalls of phototherapy units and devices with technical limitations and phototherapy equipment may hinder the market growth. Nevertheless, ongoing advancements in the design and performance of phototherapy equipment, coupled with increasing establishments and expansion of dermatology and phototherapy centers worldwide, are expected to create remunerative opportunities for phototherapy equipment market growth.
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Table of Contents
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing incidence of neonatal jaundice and skin disorders
- 5.1.1.2. Rising preference for home phototherapy care
- 5.1.2. Restraints
- 5.1.2.1. Adverse recalls of phototherapy units and devices
- 5.1.3. Opportunities
- 5.1.3.1. Advancements in design and performance of phototherapy equipment
- 5.1.3.2. Establishments and expansion of dermatology and phototherapy centers
- 5.1.4. Challenges
- 5.1.4.1. Technical limitations and operational issues of phototherapy equipment
- 5.2. Market Segmentation Analysis
- 5.2.1. Product: Emerging preference for LED phototherapy for its energy efficiency and treatment precision
- 5.2.2. End-User: Emerging application of phototherapy equipment in homecare settings
- 5.3. Market Disruption Analysis
- 5.4. Porter’s Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
- 5.5. Value Chain & Critical Path Analysis
- 5.6. Pricing Analysis
- 5.7. Technology Analysis
- 5.8. Patent Analysis
- 5.9. Trade Analysis
- 5.10. Regulatory Framework Analysis
- 6. Phototherapy Equipment Market, by Product
- 6.1. Introduction
- 6.2. Conventional Phototherapy Equipment
- 6.3. Fiber Optic Phototherapy Equipment
- 6.4. LED Phototherapy Equipment
- 7. Phototherapy Equipment Market, by Radiation
- 7.1. Introduction
- 7.2. Ultraviolet A (UVA)
- 7.3. Ultraviolet B (UVB)
- 7.4. Ultraviolet C (UVC)
- 8. Phototherapy Equipment Market, by Application
- 8.1. Introduction
- 8.2. Neonatal Jaundice Management
- 8.3. Skin Disease Treatment
- 9. Phototherapy Equipment Market, by End-User
- 9.1. Introduction
- 9.2. Homecare Settings
- 9.3. Hospitals & Clinics
- 10. Americas Phototherapy Equipment Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Phototherapy Equipment Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Phototherapy Equipment Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. Market Share Analysis, 2023
- 13.2. FPNV Positioning Matrix, 2023
- 13.3. Competitive Scenario Analysis
- 13.3.1. Second Hospital in Rajkot Gets Special Neonatal Care Unit
- 13.3.2. Baby Harrison Becomes First To Receive Pioneering Home Phototherapy from George Eliot
- 13.3.3. Newton Company's Bili-Hut Blue Light Device Saving Newborns From Jaundice In Ukraine
- 13.4. Strategy Analysis & Recommendation
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.2. Key Product Portfolio
- FIGURE 1. PHOTOTHERAPY EQUIPMENT MARKET RESEARCH PROCESS
- FIGURE 2. PHOTOTHERAPY EQUIPMENT MARKET SIZE, 2023 VS 2030
- FIGURE 3. GLOBAL PHOTOTHERAPY EQUIPMENT MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. GLOBAL PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. GLOBAL PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. PHOTOTHERAPY EQUIPMENT MARKET DYNAMICS
- FIGURE 7. GLOBAL PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
- FIGURE 8. GLOBAL PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. GLOBAL PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY RADIATION, 2023 VS 2030 (%)
- FIGURE 10. GLOBAL PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY RADIATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. GLOBAL PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 12. GLOBAL PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. GLOBAL PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
- FIGURE 14. GLOBAL PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA PHOTOTHERAPY EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. PHOTOTHERAPY EQUIPMENT MARKET SHARE, BY KEY PLAYER, 2023
- FIGURE 24. PHOTOTHERAPY EQUIPMENT MARKET, FPNV POSITIONING MATRIX, 2023
Pricing
Currency Rates