Phototherapy Equipment Market
Phototherapy Equipment Market Global Industry Assessment & Forecast
#
Pages:
145
2021
Nov - 2021
VMR-2021-0173
Segments Covered
By
Product Conventional Phototherapy Equipment, LED Phototherapy Equipment, Fiberoptic Phototherapy Equipment
-
By
Application Skin Disease Treatment, Neonatal Jaundice Management
-
By
End User Hospitals & Clinics, Homecare
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
513.9 Million |
 Revenue 2028:
|
645.36 Million |
 Revenue CAGR
(2021 - 2028): |
6.12 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Product Analysis: Preview On the basis of Product,
the market is segmented into Conventional Phototherapy Equipment, LED Phototherapy Equipment, Fiberoptic Phototherapy Equipment. LED Phototherapy Equipment held the highest
share in the global Phototherapy Equipment market and
is projected to witness the same trend during the forecast period. Application Analysis:
Preview Based on Application,
the market is segmented into Skin Disease Treatment, Neonatal Jaundice Management. Skin disease accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028. End User Analysis:
Preview
Based
on End User, the market is segmented into Hospitals & Clinics, Homecare. Hospitals and clinics
dominates the global Phototherapy Equipment
market and is expected to continue the same trend from 2021 to 2028.
Global Phototherapy Equipment Market: Product Segment Analysis
-
- Conventional Phototherapy Equipment
- LED Phototherapy Equipment
- Fiberoptic Phototherapy Equipment
Global Phototherapy Equipment Market: Application Segment Analysis
-
- Skin Disease Treatment
- Neonatal Jaundice Management
Global Phototherapy Equipment Market: End User Segment Analysis
-
- Hospitals & Clinics
- Homecare
FAQ
Frequently Asked Question
What is the global demand for Phototherapy Equipment in terms of revenue?
-
The global Phototherapy Equipment valued at 513.9 Million in 2020 and is expected to reach 645.36 Million in 2028 growing at a CAGR of 6.12%.
Which are the prominent players in the market?
-
The prominent players in the market are Philips Lighting Holding B.V., GE Healthcare, Natus Medical, Inc., Herbert Waldmann GmbH & Co. KG, Nice Neotech Medical Systems Pvt. Ltd., Phoenix Medical Systems Pvt. Ltd., Atom Medical Corp., National Biological Corp., Solarc Systems, Inc..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.12% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Phototherapy Equipment include
- Rise in prevalence of various skin diseases, increase in occurrence of neonatal jaundice across nations, and continuous advancements in technology in the field of phototherapy, are some of the factors driving the growth of the phototherapy equipment market.
- The rise in adoption of LED-based equipment is anticipated to augment the growth of the market in the years to come.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Phototherapy Equipment in 2020.
