Phototherapy Devices Market
Phototherapy Devices Market by Product (LED-based Phototherapy Devices, Conventional Phototherapy Devices, Fiber Optic Phototherapy Devices), by Light (White Light, Red Light, Blue Light Phototherapy Devices), by Application & Regional Forecast to 2031
Analysis of Phototherapy Devices market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Phototherapy Devices Market Outlook
Sales of phototherapy devices are slated to surge at a CAGR of 7% to top US$ 1.5 Bn by 2031. Demand for LED-based phototherapy devices is set to increase at a CAGR of 6% across the assessment period of 2021 to 2031.
The global phototherapy devices market reached a valuation of around US$ 750 Mn in 2020, which amounts to around 0.2% share of the overall medical devices market.
| Market Analysis | Values |
|---|---|
| Market Size in 2020 | US$ 750 Mn |
| Sales Forecast for Phototherapy Devices by 2031 | US$ 1.5 Bn |
| Global Market Growth Rate (2021 to 2031) | 7% CAGR |
| Share of Top 5 Companies | 40% |
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Demand Analysis of Phototherapy Devices (2016 to 2020) Vs Market Outlook for 2021 to 2031
As per Fact.MR, a market research and competitive intelligence provider, the global phototherapy devices market was valued at US$ 750 Mn in 2020.
Phototherapy devices are used for treating neonatal jaundice and various skin conditions. These cost-effective phototherapy devices are extensively used in procedures such as reducing bilirubin serum concentration or curing bilirubin toxicity.
Heliotherapy devices are used in treating hyperbilirubinemia in both hemolytic and non-hemolytic conditions. Light therapy devices can effectively reduce the need for frequent blood transfusions. Phototherapy devices are facilitating greater patient convenience and hence witnessing the widespread adoption of phototherapy machines in hospitals and clinics.
Increasing prevalence of skin ailments such as psoriasis and eczema across the globe and the advancement of phototherapy technology is expected to influence the global market for phototherapy devices over the forecast period.
Growing demand for infant phototherapy devices, rising sales of LED-based phototherapy equipment, and the presence of top manufacturers of phototherapy devices are driving the market growth.
All of these factors are expected to drive the market at a 7% CAGR across 2021 to 2031, and raise the utilization of phototherapy devices across regions.
What are the Main Factors Fueling Market Growth for Phototherapy Devices?
As the number of patients with skin conditions continues to soar, the urgency of developing advanced phototherapy treatment modules also grows in parallel.
Introduction of cost-effective phototherapy solutions based on LED technology that is more efficient than conventional devices is bringing hope to patients. Over the years, phototherapy treatment has continuously evolved due to the arrival of new technological peripherals.
Factors as such, have been instrumental in driving the demand for phototherapy machines. Infant phototherapy devices are being increasingly used in treating neonatal jaundice, which is common among newborn babies with high amount of bilirubin levels.
Latest innovations in phototherapy devices, prominent players in the market for phototherapy equipment, and growing demand for technologically advanced phototherapy equipment are expected to fuel the market growth over the next ten years.
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What Restraints are Being Faced by Phototherapy Device Manufacturers?
High risk of adverse side-effects and increasing availability of alternative modes of treatments along with strict regulatory norms on new product approvals are some of the major growth deterrents of the light therapy devices market.
Which Region is a Lucrative Market for Phototherapy Device Suppliers?
In terms of revenue, the phototherapy devices market in North America is expected to remain highly attractive throughout the forecast period. In addition, the North American regional market is projected to expand 1.3X by 2031.
The market for phototherapy devices is expected to witness healthy growth in the region due to the presence of a favorable reimbursement structure, rising use of heliotherapy devices in neonatal jaundice cases, and a growing number of persons suffering from skin illnesses.
In addition, anticipated introduction of new products, rising preference for phototherapy equipment for home care, and growing adoption of advanced phototherapy technology are projected to accelerate market growth in North America.
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Country-wise Analysis
What is the Phototherapy Devices Demand Outlook for the U.S.?
The U.S dominates the global market for phototherapy devices in terms of revenue. The market is expected to increase 1.5X by 2031.
Rising awareness about the benefits of phototherapy, growing concern for seasonal affective disorders, and a high frequency of skin conditions like vitiligo, psoriasis, and eczema are the major factors promoting the adoption of phototherapy devices in the U.S.
Developed healthcare infrastructure and the presence of manufacturers of phototherapy devices in the U.S. are the major drivers for the market growth in the country.
Why are Sales of Phototherapy Devices Surging in China?
Rising awareness of modern phototherapy, high per-capita disposable income, and the expansion of healthcare infrastructure is boosting the sales of phototherapy devices in China.
Moreover, growth in the percentage of newborns in China, an increase in the prevalence of neonatal jaundice, and the necessity for cost-effective devices are all expected to fuel the market growth in China.
Category-wise Insights
Why are LED-based Phototherapy Devices Gaining Immense Popularity?
LED-based phototherapy devices hold a significant market share. Sales of LED-based phototherapy devices are expected to increase by 2.1X over the forecast period.
LEDs are used as a light source in LED-based phototherapy devices to precisely focus the appropriate wavelength light on the affected area. Furthermore, because of the high amount of radiation, the treatment period associated with LED devices is less than that of conventional devices.
The intensity of LEDs does not decrease over time, and they can be used for at least 3,000 hours. Furthermore, because their spectrum is concentrated in the blue region of visible light, they are less fragile and do not emit high heat.
Rising incidence of newborn jaundice and the expanding acceptance of LED-based phototherapy equipment for target disease management are driving the demand for LED-based phototherapy devices.
Why is Demand for Phototherapy Devices for Skin Disease Treatments High?
Based on application, skin disease treatment is expected to be the largest contributor to the market.
The frequency of skin diseases has increased worldwide, according to the World Health Organization (WHO). The rising prevalence of psoriasis, as well as the expanding need for psoriasis treatment, and latest trends in phototherapy devices are driving the demand for phototherapy to treat skin issues.
Due to increase in skin-related diseases and high recurrence, demand for phototherapy devices to treat skin issues is on the rise, particularly psoriasis, which ranks first, followed by eczema and cancer.
Phototherapy Devices Industry Report Scope
| Attributes | Details |
|---|---|
| Forecast Period | 2021 to 2031 |
| Historical Data Available for | 2016 to 2020 |
| Market Analysis | Value in US$ Mn, Volume in Units |
| Key Market Segments Covered | Product Type, Light Type, Application, End User, Region |
| Key Companies Profiled | Medela AG; General Electric Company; Natus Medical Incorporated; Hill-Rom; Solarc Systems Inc.; The Daavlin Company; Medisana AG; Guangzhou Beautylife Electronic Technology Co. Ltd; Herbert Waldmann GmbH & Co. KG; Philips Lighting Holding B.V.; National Biological Corp.; Nice Neotech Medical Systems Pvt. Ltd.; Phoenix Medical Systems Pvt. Ltd.; ALFAMEDIC S.R.O.; NINGBO DAVID MEDICAL DEVICE CO. LTD.; Heal Force Bio-Meditech Holdings Limited; Natus Medical Incorporated and DIXION |
Key Segments Covered in Phototherapy Devices Industry Research
-
Product Type
- LED-based Phototherapy Devices
- Conventional Phototherapy Devices
- Fiber Optic Phototherapy Devices
- Others
- Full-body
- Partial-body
- Mobile Infant
- Fixed Infant
- Conventional Phototherapy Devices with Compact Fluorescent Lamp
- Conventional Phototherapy Devices with Fluorescent Lamp
-
Light Type
- White Light Phototherapy Devices
- Red Light Phototherapy Devices
- Blue Light Phototherapy Devices
- Others
-
Application
- Skin Disease Treatment
- Psoriasis
- Vitiligo
- Eczema
- Neonatal Jaundice Management
- Scleroderma
- Seasonal Affective Disorder (SAD)
- Skin Cancer
- Sterilization
-
End User
- Hospitals
- Home Care Settings
- Dermatology Clinics
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Global Market Analysis and Forecast By Product Type
- 3.1. Conventional
- 3.2. Fiber Optic
- 3.3. Others
- 4. Global Market Analysis and Forecast By End User
- 4.1. Hospitals
- 4.2. Dermatology Clinics
- 4.3. Home Care Settings
- 5. Global Market Analysis and Forecast By Light Type
- 5.1. White Light
- 5.2. Red Light
- 5.3. Blue Light
- 5.4. Others
- 6. Global Market Analysis and Forecast By Region
- 6.1. North America
- 6.2. Latin America
- 6.3. Europe
- 6.4. Japan
- 6.5. APEJ
- 6.6. MEA
- 7. North America Market Analysis and Forecast, By Country, 2016 to 2031
- 8. Latin America Market Analysis and Forecast, By Country, 2016 to 2031
- 9. Europe Market Analysis and Forecast, By Country, 2016 to 2031
- 10. Japan Market Analysis and Forecast, By Country, 2016 to 2031
- 11. APEJ Market Analysis and Forecast, By Country, 2016 to 2031
- 12. MEA Market Analysis and Forecast, By Country, 2016 to 2031
- 13. Global Market Company/Manufacturers/Distributors/Suppliers Profile and Revenue Projections
- 13.1. Company Share Analysis
- 13.2. Drägerwerk AG & Co. KGaA
- 13.3. General Electric Company
- 13.4. Medela AG
- 13.5. Hill-Rom
- 13.6. Natus Medical Incorporated
- 13.7. The Daavlin Company
- 13.8. Solarc Systems Inc.
- 13.9. Schulze & Böhm GmbH
- 13.10. Guangzhou Beautylife Electronic Technology Co., Ltd
- 13.11. Medisana AG
- 13.12. Herbert Waldmann GmbH & Co. KG
- 13.13. National Biological Corp.
- 13.14. Philips Lighting Holding B.V.
- 13.15. Phoenix Medical Systems Pvt. Ltd.
- 13.16. Nice Neotech Medical Systems Pvt. Ltd.
- 13.17. NINGBO DAVID MEDICAL DEVICE CO., LTD.
- 13.18. ALFAMEDIC S.R.O.
- 13.19. Heal Force Bio-Meditech Holdings Limited
- 13.20. DIXION
- 13.21. Natus Medical Incorporated
- 14. Research Methodology
- 15. Secondary and Primary Sources
- 16. Assumptions and Acronyms
- 17. Disclaimer
List Of Table
TABLE 1 Global Market Value (US$ Mn), 2016 to 2020
TABLE 2 Global Market Value (US$ Mn), 2021 to 2031
TABLE 3 Global Market Value (US$ Mn) and Y-o-Y, 2015 to 2031
TABLE 4 Global Conventional Segment Value (US$ Mn), By Region 2016 to 2020
TABLE 5 Global Conventional Segment Value (US$ Mn), By Region 2021 to 2031
TABLE 6 Global Conventional Segment Market Share, By Region 2016 to 2020
TABLE 7 Global Conventional Segment Market Share, By Region 2021 to 2031
TABLE 8 Global Conventional Segment Y-o-Y, By Region 2015 to 2031
TABLE 9 Global Fiber Optic Segment Value (US$ Mn), By Region 2016 to 2020
TABLE 10 Global Fiber Optic Segment Value (US$ Mn), By Region 2021 to 2031
TABLE 11 Global Fiber Optic Segment Market Share, By Region 2016 to 2020
TABLE 12 Global Fiber Optic Segment Market Share, By Region 2021 to 2031
TABLE 13 Global Fiber Optic Segment Y-o-Y, By Region 2015 to 2031
TABLE 14 Global Others Segment Value (US$ Mn), By Region 2016 to 2020
TABLE 15 Global Others Segment Value (US$ Mn), By Region 2021 to 2031
TABLE 16 Global Others Segment Market Share, By Region 2016 to 2020
TABLE 17 Global Others Segment Market Share, By Region 2021 to 2031
TABLE 18 Global Others Segment Y-o-Y, By Region 2015 to 2031
TABLE 19 Global Hospitals Segment Value (US$ Mn), By Region 2016 to 2020
TABLE 20 Global Hospitals Segment Value (US$ Mn), By Region 2021 to 2031
TABLE 21 Global Hospitals Segment Market Share, By Region 2016 to 2020
TABLE 22 Global Hospitals Segment Market Share, By Region 2021 to 2031
TABLE 23 Global Hospitals Segment Y-o-Y, By Region 2015 to 2031
TABLE 24 Global Dermatology Clinics Segment Value (US$ Mn), By Region 2016 to 2020
TABLE 25 Global Dermatology Clinics Segment Value (US$ Mn), By Region 2021 to 2031
TABLE 26 Global Dermatology Clinics Segment Market Share, By Region 2016 to 2020
TABLE 27 Global Dermatology Clinics Segment Market Share, By Region 2021 to 2031
TABLE 28 Global Dermatology Clinics Segment Y-o-Y, By Region 2015 to 2031
TABLE 29 Global Home Care Settings Segment Value (US$ Mn), By Region 2016 to 2020
TABLE 30 Global Home Care Settings Segment Value (US$ Mn), By Region 2021 to 2031
TABLE 31 Global Home Care Settings Segment Market Share, By Region 2016 to 2020
TABLE 32 Global Home Care Settings Segment Market Share, By Region 2021 to 2031
TABLE 33 Global Home Care Settings Segment Y-o-Y, By Region 2015 to 2031
TABLE 34 Global White Light Segment Value (US$ Mn), By Region 2016 to 2020
TABLE 35 Global White Light Segment Value (US$ Mn), By Region 2021 to 2031
TABLE 36 Global White Light Segment Market Share, By Region 2016 to 2020
TABLE 37 Global White Light Segment Market Share, By Region 2021 to 2031
TABLE 38 Global White Light Segment Y-o-Y, By Region 2015 to 2031
TABLE 39 Global Red Light Segment Value (US$ Mn), By Region 2016 to 2020
TABLE 40 Global Red Light Segment Value (US$ Mn), By Region 2021 to 2031
TABLE 41 Global Red Light Segment Market Share, By Region 2016 to 2020
TABLE 42 Global Red Light Segment Market Share, By Region 2021 to 2031
TABLE 43 Global Red Light Segment Y-o-Y, By Region 2015 to 2031
TABLE 44 Global Blue Light Segment Value (US$ Mn), By Region 2016 to 2020
TABLE 45 Global Blue Light Segment Value (US$ Mn), By Region 2021 to 2031
TABLE 46 Global Blue Light Segment Market Share, By Region 2016 to 2020
TABLE 47 Global Blue Light Segment Market Share, By Region 2021 to 2031
TABLE 48 Global Blue Light Segment Y-o-Y, By Region 2015 to 2031
TABLE 49 Global Others Segment Value (US$ Mn), By Region 2016 to 2020
TABLE 50 Global Others Segment Value (US$ Mn), By Region 2021 to 2031
TABLE 51 Global Others Segment Market Share, By Region 2016 to 2020
TABLE 52 Global Others Segment Market Share, By Region 2021 to 2031
TABLE 53 Global Others Segment Y-o-Y, By Region 2015 to 2031
TABLE 54 North America Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 55 North America Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 56 North America Market Value (US$ Mn), By End User 2016 to 2020
TABLE 57 North America Market Value (US$ Mn), By End User 2021 to 2031
TABLE 58 North America Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 59 North America Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 60 Latin America Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 61 Latin America Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 62 Latin America Market Value (US$ Mn), By End User 2016 to 2020
TABLE 63 Latin America Market Value (US$ Mn), By End User 2021 to 2031
TABLE 64 Latin America Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 65 Latin America Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 66 Europe Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 67 Europe Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 68 Europe Market Value (US$ Mn), By End User 2016 to 2020
TABLE 69 Europe Market Value (US$ Mn), By End User 2021 to 2031
TABLE 70 Europe Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 71 Europe Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 72 Japan Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 73 Japan Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 74 Japan Market Value (US$ Mn), By End User 2016 to 2020
TABLE 75 Japan Market Value (US$ Mn), By End User 2021 to 2031
TABLE 76 Japan Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 77 Japan Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 78 APEJ Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 79 APEJ Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 80 APEJ Market Value (US$ Mn), By End User 2016 to 2020
TABLE 81 APEJ Market Value (US$ Mn), By End User 2021 to 2031
TABLE 82 APEJ Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 83 APEJ Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 84 MEA Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 85 MEA Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 86 MEA Market Value (US$ Mn), By End User 2016 to 2020
TABLE 87 MEA Market Value (US$ Mn), By End User 2021 to 2031
TABLE 88 MEA Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 89 MEA Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 90 US Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 91 US Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 92 US Market Value (US$ Mn), By End User 2016 to 2020
TABLE 93 US Market Value (US$ Mn), By End User 2021 to 2031
TABLE 94 US Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 95 US Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 96 Canada Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 97 Canada Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 98 Canada Market Value (US$ Mn), By End User 2016 to 2020
TABLE 99 Canada Market Value (US$ Mn), By End User 2021 to 2031
TABLE 100 Canada Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 101 Canada Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 102 Brazil Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 103 Brazil Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 104 Brazil Market Value (US$ Mn), By End User 2016 to 2020
TABLE 105 Brazil Market Value (US$ Mn), By End User 2021 to 2031
TABLE 106 Brazil Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 107 Brazil Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 108 Mexico Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 109 Mexico Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 110 Mexico Market Value (US$ Mn), By End User 2016 to 2020
TABLE 111 Mexico Market Value (US$ Mn), By End User 2021 to 2031
TABLE 112 Mexico Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 113 Mexico Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 114 Argentina Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 115 Argentina Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 116 Argentina Market Value (US$ Mn), By End User 2016 to 2020
TABLE 117 Argentina Market Value (US$ Mn), By End User 2021 to 2031
TABLE 118 Argentina Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 119 Argentina Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 120 Germany Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 121 Germany Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 122 Germany Market Value (US$ Mn), By End User 2016 to 2020
TABLE 123 Germany Market Value (US$ Mn), By End User 2021 to 2031
TABLE 124 Germany Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 125 Germany Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 126 UK Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 127 UK Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 128 UK Market Value (US$ Mn), By End User 2016 to 2020
TABLE 129 UK Market Value (US$ Mn), By End User 2021 to 2031
TABLE 130 UK Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 131 UK Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 132 France Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 133 France Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 134 France Market Value (US$ Mn), By End User 2016 to 2020
TABLE 135 France Market Value (US$ Mn), By End User 2021 to 2031
TABLE 136 France Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 137 France Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 138 Spain Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 139 Spain Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 140 Spain Market Value (US$ Mn), By End User 2016 to 2020
TABLE 141 Spain Market Value (US$ Mn), By End User 2021 to 2031
TABLE 142 Spain Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 143 Spain Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 144 Italy Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 145 Italy Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 146 Italy Market Value (US$ Mn), By End User 2016 to 2020
TABLE 147 Italy Market Value (US$ Mn), By End User 2021 to 2031
TABLE 148 Italy Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 149 Italy Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 150 Nordic Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 151 Nordic Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 152 Nordic Market Value (US$ Mn), By End User 2016 to 2020
TABLE 153 Nordic Market Value (US$ Mn), By End User 2021 to 2031
TABLE 154 Nordic Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 155 Nordic Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 156 Japan Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 157 Japan Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 158 Japan Market Value (US$ Mn), By End User 2016 to 2020
TABLE 159 Japan Market Value (US$ Mn), By End User 2021 to 2031
TABLE 160 Japan Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 161 Japan Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 162 China Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 163 China Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 164 China Market Value (US$ Mn), By End User 2016 to 2020
TABLE 165 China Market Value (US$ Mn), By End User 2021 to 2031
TABLE 166 China Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 167 China Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 168 India Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 169 India Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 170 India Market Value (US$ Mn), By End User 2016 to 2020
TABLE 171 India Market Value (US$ Mn), By End User 2021 to 2031
TABLE 172 India Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 173 India Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 174 Malaysia Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 175 Malaysia Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 176 Malaysia Market Value (US$ Mn), By End User 2016 to 2020
TABLE 177 Malaysia Market Value (US$ Mn), By End User 2021 to 2031
TABLE 178 Malaysia Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 179 Malaysia Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 180 Thailand Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 181 Thailand Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 182 Thailand Market Value (US$ Mn), By End User 2016 to 2020
TABLE 183 Thailand Market Value (US$ Mn), By End User 2021 to 2031
TABLE 184 Thailand Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 185 Thailand Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 186 Singapore Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 187 Singapore Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 188 Singapore Market Value (US$ Mn), By End User 2016 to 2020
TABLE 189 Singapore Market Value (US$ Mn), By End User 2021 to 2031
TABLE 190 Singapore Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 191 Singapore Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 192 Australia Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 193 Australia Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 194 Australia Market Value (US$ Mn), By End User 2016 to 2020
TABLE 195 Australia Market Value (US$ Mn), By End User 2021 to 2031
TABLE 196 Australia Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 197 Australia Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 198 GCC Countries Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 199 GCC Countries Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 200 GCC Countries Market Value (US$ Mn), By End User 2016 to 2020
TABLE 201 GCC Countries Market Value (US$ Mn), By End User 2021 to 2031
TABLE 202 GCC Countries Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 203 GCC Countries Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 204 South Africa Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 205 South Africa Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 206 South Africa Market Value (US$ Mn), By End User 2016 to 2020
TABLE 207 South Africa Market Value (US$ Mn), By End User 2021 to 2031
TABLE 208 South Africa Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 209 South Africa Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 210 Nigeria Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 211 Nigeria Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 212 Nigeria Market Value (US$ Mn), By End User 2016 to 2020
TABLE 213 Nigeria Market Value (US$ Mn), By End User 2021 to 2031
TABLE 214 Nigeria Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 215 Nigeria Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 216 Israel Market Value (US$ Mn), By Product Type 2016 to 2020
TABLE 217 Israel Market Value (US$ Mn), By Product Type 2021 to 2031
TABLE 218 Israel Market Value (US$ Mn), By End User 2016 to 2020
TABLE 219 Israel Market Value (US$ Mn), By End User 2021 to 2031
TABLE 220 Israel Market Value (US$ Mn), By Light Type 2016 to 2020
TABLE 221 Israel Market Value (US$ Mn), By Light Type 2021 to 2031
TABLE 222 Drägerwerk AG & Co. KGaA Value (US$ Mn), By Product Type 2021 to 2031
TABLE 223 Drägerwerk AG & Co. KGaA Value (US$ Mn), By End User 2021 to 2031
TABLE 224 Drägerwerk AG & Co. KGaA Value (US$ Mn), By Light Type 2021 to 2031
List Of Figures
FIG. 1 Global Market Value (US$ Mn), 2016 to 2020
FIG. 2 Global Market Value (US$ Mn) Forecast, 2021 to 2031
FIG. 3 Global Market Value (US$ Mn) and Y-o-Y, 2015 to 2031
FIG. 4 Global Conventional Segment Market Value (US$ Mn) By Region, 2016 to 2020
FIG. 5 Global Conventional Segment Market Value (US$ Mn) By Region, 2021 to 2031
FIG. 6 Global Conventional Segment Y-o-Y Growth Rate, By Region, 2015 to 2031
FIG. 7 Global Fiber Optic Segment Market Value (US$ Mn) By Region, 2016 to 2020
FIG. 8 Global Fiber Optic Segment Market Value (US$ Mn) By Region, 2021 to 2031
FIG. 9 Global Fiber Optic Segment Y-o-Y Growth Rate, By Region, 2015 to 2031
FIG. 10 Global Others Segment Market Value (US$ Mn) By Region, 2016 to 2020
FIG. 11 Global Others Segment Market Value (US$ Mn) By Region, 2021 to 2031
FIG. 12 Global Others Segment Y-o-Y Growth Rate, By Region, 2015 to 2031
FIG. 13 Global Hospitals Segment Market Value (US$ Mn) By Region, 2016 to 2020
FIG. 14 Global Hospitals Segment Market Value (US$ Mn) By Region, 2021 to 2031
FIG. 15 Global Hospitals Segment Y-o-Y Growth Rate, By Region, 2015 to 2031
FIG. 16 Global Dermatology Clinics Segment Market Value (US$ Mn) By Region, 2016 to 2020
FIG. 17 Global Dermatology Clinics Segment Market Value (US$ Mn) By Region, 2021 to 2031
FIG. 18 Global Dermatology Clinics Segment Y-o-Y Growth Rate, By Region, 2015 to 2031
FIG. 19 Global Home Care Settings Segment Market Value (US$ Mn) By Region, 2016 to 2020
FIG. 20 Global Home Care Settings Segment Market Value (US$ Mn) By Region, 2021 to 2031
FIG. 21 Global Home Care Settings Segment Y-o-Y Growth Rate, By Region, 2015 to 2031
FIG. 22 Global White Light Segment Market Value (US$ Mn) By Region, 2016 to 2020
FIG. 23 Global White Light Segment Market Value (US$ Mn) By Region, 2021 to 2031
FIG. 24 Global White Light Segment Y-o-Y Growth Rate, By Region, 2015 to 2031
FIG. 25 Global Red Light Segment Market Value (US$ Mn) By Region, 2016 to 2020
FIG. 26 Global Red Light Segment Market Value (US$ Mn) By Region, 2021 to 2031
FIG. 27 Global Red Light Segment Y-o-Y Growth Rate, By Region, 2015 to 2031
FIG. 28 Global Blue Light Segment Market Value (US$ Mn) By Region, 2016 to 2020
FIG. 29 Global Blue Light Segment Market Value (US$ Mn) By Region, 2021 to 2031
FIG. 30 Global Blue Light Segment Y-o-Y Growth Rate, By Region, 2015 to 2031
FIG. 31 Global Others Segment Market Value (US$ Mn) By Region, 2016 to 2020
FIG. 32 Global Others Segment Market Value (US$ Mn) By Region, 2021 to 2031
FIG. 33 Global Others Segment Y-o-Y Growth Rate, By Region, 2015 to 2031
FIG. 34 North America Market Value (US$ Mn), By Product Type 2016 to 2020
FIG. 35 North America Market Value (US$ Mn), By Product Type 2021 to 2031
FIG. 36 North America Market Value (US$ Mn), By End User 2016 to 2020
FIG. 37 North America Market Value (US$ Mn), By End User 2021 to 2031
FIG. 38 North America Market Value (US$ Mn), By Light Type 2016 to 2020
FIG. 39 North America Market Value (US$ Mn), By Light Type 2021 to 2031
FIG. 40 Latin America Market Value (US$ Mn), By Product Type 2016 to 2020
FIG. 41 Latin America Market Value (US$ Mn), By Product Type 2021 to 2031
FIG. 42 Latin America Market Value (US$ Mn), By End User 2016 to 2020
FIG. 43 Latin America Market Value (US$ Mn), By End User 2021 to 2031
FIG. 44 Latin America Market Value (US$ Mn), By Light Type 2016 to 2020
FIG. 45 Latin America Market Value (US$ Mn), By Light Type 2021 to 2031
FIG. 46 Europe Market Value (US$ Mn), By Product Type 2016 to 2020
FIG. 47 Europe Market Value (US$ Mn), By Product Type 2021 to 2031
FIG. 48 Europe Market Value (US$ Mn), By End User 2016 to 2020
FIG. 49 Europe Market Value (US$ Mn), By End User 2021 to 2031
FIG. 50 Europe Market Value (US$ Mn), By Light Type 2016 to 2020
FIG. 51 Europe Market Value (US$ Mn), By Light Type 2021 to 2031
FIG. 52 Japan Market Value (US$ Mn), By Product Type 2016 to 2020
FIG. 53 Japan Market Value (US$ Mn), By Product Type 2021 to 2031
FIG. 54 Japan Market Value (US$ Mn), By End User 2016 to 2020
FIG. 55 Japan Market Value (US$ Mn), By End User 2021 to 2031
FIG. 56 Japan Market Value (US$ Mn), By Light Type 2016 to 2020
FIG. 57 Japan Market Value (US$ Mn), By Light Type 2021 to 2031
FIG. 58 APEJ Market Value (US$ Mn), By Product Type 2016 to 2020
FIG. 59 APEJ Market Value (US$ Mn), By Product Type 2021 to 2031
FIG. 60 APEJ Market Value (US$ Mn), By End User 2016 to 2020
FIG. 61 APEJ Market Value (US$ Mn), By End User 2021 to 2031
FIG. 62 APEJ Market Value (US$ Mn), By Light Type 2016 to 2020
FIG. 63 APEJ Market Value (US$ Mn), By Light Type 2021 to 2031
FIG. 64 MEA Market Value (US$ Mn), By Product Type 2016 to 2020
FIG. 65 MEA Market Value (US$ Mn), By Product Type 2021 to 2031
FIG. 66 MEA Market Value (US$ Mn), By End User 2016 to 2020
FIG. 67 MEA Market Value (US$ Mn), By End User 2021 to 2031
FIG. 68 MEA Market Value (US$ Mn), By Light Type 2016 to 2020
FIG. 69 MEA Market Value (US$ Mn), By Light Type 2021 to 2031
- FAQs -
How much is the market for phototherapy devices valued at present?
The global phototherapy devices market is currently worth more than US$ 750 Mn.
What was the last 5 year’s CAGR of the market for phototherapy devices?
From 2016 to 2020, sales of phototherapy devices registered a CAGR of 4%.
What are the key trends likely to influence the sales of phototherapy devices?
Increasing incidence of neonatal jaundice and growing preference for LED-based phototherapy devices are driving market growth substantially.
Which phototherapy device manufacturers are prominent in the market?
Medela AG, General Electric Company, Natus Medical Incorporated, Hill-Rom, and Solarc Systems Inc. are some of the renowned phototherapy device manufacturers.
Which region will largely contribute to the growth of phototherapy devices revenue?
North America holds 40% global market share, and will largely contribute to the growth of phototherapy devices revenue.
At what rate are phototherapy device sales expected to increase in Germany?
Sales of phototherapy devices in Germany will most likely flourish at a CAGR of 4% over the next ten years.
Which type phototherapy devices generates maximum revenue?
LED-based phototherapy devices continue to be the highest revenue-generating segment accounting for 55% global revenue share.
What is the market outlook for phototherapy devices in Australia?
Sales of phototherapy devices in Australia are forecasted to reach over US$ 300 Mn by 2031.
Which are the top 5 countries driving demand for phototherapy devices?
The U.S., China, Germany, Australia, and Russia are expected to drive most of the demand for phototherapy devices.
What is the projected growth rate for the global market for phototherapy devices?
Sales of phototherapy devices are expected to surge at 7% CAGR from 2021 to 2031.
Phototherapy Devices Market