Market Forecast By Types (Conventional Phototherapy Device (Fluorescent Lamps & Compact Fluorescent Lamps), Fiber Optic Phototherapy Device and LED Phototherapy Device), By Applications (Skin Disease Treatment (Psoriasis, Eczema, Vitiligo & Others), Neonatal Jaundice Management, Cancers & Pre-Cancers and Other Diseases), By End Users (Hospitals, Clinics and Homecare), By Countries (Italy, Germany, France, United Kingdom and Rest of Europe) and Competitive Landscape.
Product Code: ETC000857 | Publication Date: Jul 2024 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Europe Phototherapy Device Market |
Forecast period | 2025-2031 |
CAGR | 6% |
Growing Sector | Healthcare |
The Europe Phototherapy Device Market report thoroughly covers the market by Countries, Types, End Users, and Applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Europe phototherapy device market is projected to grow steadily in the coming years. This growth is driven by the increasing prevalence of skin disorders, advancements in technology, and growing awareness about the benefits of phototherapy. However, the market will also face challenges which could hamper the market growth.
According to 6Wresearch, the Europe Phototherapy Device Market size is expected to grow at a significant CAGR of 6% during 2025-2031. One major factor driving this market is the increasing prevalence of skin disorders such as psoriasis and eczema, which require phototherapy treatment. As these conditions become more common, the demand for phototherapy devices is likely to increase. Another driver for the growth of this market is technological advancements in phototherapy devices. Manufacturers are continuously developing new and improved devices with advanced features, making them more efficient and user-friendly. This has resulted in a higher adoption rate among healthcare professionals, further boosting the demand for these devices.
Moreover, the rising awareness among people about the effectiveness of phototherapy for skin disorders is also contributing to market growth. With more patients seeking alternative treatments and a growing preference for non-invasive procedures, there has been a surge in demand for phototherapy devices. However, the Europe phototherapy device market also faces some challenges that could hinder its growth. One major challenge is the high cost associated with these devices, making them less accessible to certain segments of the population. Additionally, strict regulatory requirements and long approval processes for new devices limit the entry of new players into the market, hindering competition and innovation.
Some of the leading players in the phototherapy device market in Europe include Philips Healthcare, GE Healthcare, Natus Medical Incorporated, and Phoenix Medical Systems. Philips Healthcare is a global leader in health technology that offers a range of products for diagnosis and treatment, including phototherapy devices. GE Healthcare is another major player that provides advanced solutions for healthcare professionals, including phototherapy equipment. Natus Medical Incorporated specializes in medical devices and software for newborn care, with their phototherapy devices being one of their key offerings. Phoenix Medical Systems is an Indian-based company that has a presence in the European market, offering phototherapy devices for newborns and infants. These players have a strong presence in Europe and are actively involved in research and development to introduce innovative products to meet the changing needs of the market.
The phototherapy device industry in Europe is subject to various government initiatives aimed at improving healthcare services, promoting technological advancements, and ensuring patient safety. In addition, several regulatory bodies oversee the production, sale, and use of phototherapy devices in Europe. The European Union (EU) sets standards for medical devices through the Medical Device Regulation (MDR), which aims to ensure the safety and performance of medical devices, including phototherapy equipment. The European Medicines Agency (EMA) also plays a role in regulating phototherapy devices by evaluating their quality and effectiveness. Additionally, many countries within Europe have their own specific regulations for medical devices, further ensuring the safety and efficacy of phototherapy devices.
The phototherapy device market in Europe is expected to witness significant growth in the coming years due to factors such as the increasing prevalence of skin diseases, advancements in technology, and growing demand for non-invasive treatment options. The market is also expected to benefit from the rising geriatric population in Europe, as they are more prone to skin disorders that require phototherapy treatment. Moreover, increasing government initiatives promoting healthcare infrastructure and the adoption of advanced medical devices will further drive the growth of this market. Technologies such as LED-based phototherapy and home-based phototherapy systems are also gaining popularity in Europe, indicating potential opportunities for market growth.
According to Ravi Bhandari, Research Head, 6Wresearch, Germany holds the largest share in the market. This can be attributed to the presence of a large number of hospitals and clinics utilizing phototherapy devices for various treatments.
Based on the types, LED phototherapy devices are experiencing a significant increase in demand. This is due to their energy efficiency, portability, and precision in targeting specific areas for treatment. T
In terms of end-users, the homecare segment is expected to witness a rapid growth rate in the coming years. With the rise in awareness about self-care and convenience, more individuals are opting for at-home treatments using phototherapy devices.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Europe Phototherapy Device Market Overview |
3.1 Europe Phototherapy Device Market Revenues, 2021-2031F |
3.2 Europe Phototherapy Device Market Revenue Share, By Product Types, 2021 & 2031F |
3.3 Europe Phototherapy Device Market Revenue Share, By Applications, 2021 & 2031F |
3.4 Europe Phototherapy Device Market Revenue Share, By End Users, 2021 & 2031F |
3.5 Europe Phototherapy Device Market Revenue Share, By Regions, 2021 & 2031F |
3.6 Europe Phototherapy Device Market Industry Life Cycle |
3.7 Europe Phototherapy Device Market- Porter’s Five Forces |
4. Europe Phototherapy Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Europe Phototherapy Device Market Trends |
6. Europe Phototherapy Device Market Overview, By Product Types |
6.1 Europe Conventional Phototherapy Device Market Revenues, 2021-2031F |
6.1.1 Europe Conventional Phototherapy Equipment with Fluorescent Lamp Market Revenues, 2021-2031F |
6.1.2 Europe Conventional Phototherapy Equipment with Compact Fluorescent Lamp Market Revenues, |
2021-2031F |
6.2 Europe LED Phototherapy Device Market Revenues, 2021-2031F |
6.3 Europe Fiberoptic Phototherapy Device Market Revenues, 2021-2031F |
7. Europe Phototherapy Device Market Overview, By Applications |
7.1 Europe Skin Disease Treatment Market Revenues, 2021-2031F |
7.1.1 Europe Skin Disease Treatment Market Revenues, By Vitiligo, 2021-2031F |
7.1.2 Europe Skin Disease Treatment Market Revenues, By Eczema, 2021-2031F |
7.1.3 Europe Skin Disease Treatment Market Revenues, By Psoriasis, 2021-2031F |
7.1.4 Europe Skin Disease Treatment Market Revenues, By Others, 2021-2031F |
7.2 Europe Neonatal Jaundice Management Market Revenues, 2021-2031F |
7.3 Europe Cancer and Pre-cancer Treatment Market Revenues, 2021-2031F |
7.4 Europe Other Diseases Treatment Market Revenues, 2021-2031F |
8. Europe Phototherapy Device Market Overview, By End-Users |
8.1 Europe Phototherapy Device Market Revenues, By Hospitals & Clinics, 2021-2031F |
8.2 Europe Phototherapy Device Market Revenues, By Homecare, 2021-2031F |
8.3 Europe Phototherapy Device Market Revenues, By Clinics, 2021-2031F |
9. Germany Phototherapy Device Market Overview |
9.1 Germany Phototherapy Device Market Revenues, 2021-2031F |
9.2 Germany Phototherapy Device Market Revenues, By Product Types, 2021-2031F |
9.3 Germany Phototherapy Device Market Revenues, By Applications, 2021-2031F |
9.4 Germany Phototherapy Device Market Revenues, By End Users, 2021-2031F |
10. Italy Phototherapy Device Market Overview |
10.1 Italy Phototherapy Device Market Revenues, 2021-2031F |
10.2 Italy Phototherapy Device Market Revenues, By Product Types, 2021-2031F |
10.3 Italy Phototherapy Device Market Revenues, By Applications, 2021-2031F |
10.4 Italy Phototherapy Device Market Revenues, By End Users, 2021-2031F |
11. United Kingdom Phototherapy Device Market Overview |
11.1 United Kingdom Phototherapy Device Market Revenues, 2021-2031F |
11.2 United Kingdom Phototherapy Device Market Revenues, By Product Types, 2021-2031F |
11.3 United Kingdom Phototherapy Device Market Revenues, By Applications, 2021-2031F |
11.4 United Kingdom Phototherapy Device Market Revenues, By End Users, 2021-2031F |
12. France Phototherapy Device Market Overview |
12.1 France Phototherapy Device Market Revenues, 2021-2031F |
12.2 France Phototherapy Device Market Revenues, By Product Types, 2021-2031F |
12.3 France Phototherapy Device Market Revenues, By Applications, 2021-2031F |
12.4 France Phototherapy Device Market Revenues, By End Users, 2021-2031F |
13. Rest of Europe Phototherapy Device Market Overview |
13.1 Rest of Europe Phototherapy Device Market Revenues, 2021-2031F |
14. Europe Phototherapy Device Market Opportunity Assessment |
14.1 Europe Phototherapy Device Market Opportunity Assessment, By Product Types, 2031F |
14.2 Europe Phototherapy Device Market Opportunity Assessment, By Applications, 2031F |
14.3 Europe Phototherapy Device Market Opportunity Assessment, By End Users, 2031F |
14.4 Europe Phototherapy Device Market Opportunity Assessment, By Regions, 2031F |
15. Europe Phototherapy Device Market Competitive Landscape |
15.1 Europe Phototherapy Device Market Revenue Share, By Companies, 2024 |
15.1.1 Germany Phototherapy Device Market Revenue Share, By Companies, 2024 |
15.1.2 France Phototherapy Device Market Revenue Share, By Companies, 2024 |
15.1.3 United Kingdom Phototherapy Device Market Revenue Share, By Companies, 2024 |
15.1.4 Italy Phototherapy Device Market Revenue Share, By Companies, 2024 |
15.2 Europe Phototherapy Device Market Competitive Benchmarking, By Operating Parameters |
16. Company Profiles |
17. Strategic Recommendations |
18. Disclaimer |
Market Forecast By Types (Conventional Phototherapy Device (Fluorescent Lamps & Compact Fluorescent Lamps), Fiber Optic Phototherapy Device and LED Phototherapy Device), By Applications (Skin Disease Treatment (Psoriasis, Eczema, Vitiligo & Others), Neonatal Jaundice Management, Cancers & Pre-Cancers and Other Diseases), By End Users (Hospitals, Clinics and Homecare), By Countries (Italy, Germany, France, United Kingdom and Rest of Europe) and Competitive Landscape.
Product Code: ETC000857 | Publication Date: Sep 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Europe Phototherapy Device Market has seen the latest developments which include the recent advances in reducing the instrument size and in enhancing the device portability. Furthermore, research and development in the phototherapy device aim to widen the application areas for these devices. The manufacturers are engaged in extensive research and development to ensure patient safety and device affordability in the market. The growing prevalence of neonatal jaundice, effective phototherapy treatment, and technological advancements in the field of infant phototherapy are the factors that have brought about significant growth in the market. However, side effects related to the use of phototherapy treatment are still under research and are limiting the usage.
Phototherapy is extensively used in controlling bilirubin (the compound responsible for causing jaundice) levels in infants. Surging patterns of neonatal jaundice in children are anticipated to drive the Europe phototherapy device market during the forecast period. Additionally, rising concerns regarding skin care as well as technological advancement would further drive the growth of the phototherapy device market in Europe.
According to 6wresearch, the Europe Phototherapy Device Market size is projected to witness sound growth progression during 2019-2025. UK dominates the overall Europe phototherapy device market followed by Germany. Furthermore, Italy is likely to witness significant demand for phototherapy devices over the coming years as the country is observing rising cases of neonatal jaundice.
In terms of applications, the leading end-user application is hospitals, which are deploying the device each year in surgical operations related to neonatal jaundice treatment and various skin-related complications. Additionally, the household application is also witnessing tremendous demand as the use of these devices in household applications reduces hospital waiting time, cuts costs and provides condensed patient hassle.
The Europe phototherapy device market report thoroughly covers the market by product types, applications, end users and key countries including Italy, France, Germany, the United Kingdom and the rest of Europe. The phototherapy device market outlook report provides an unbiased and detailed analysis of the ongoing Europe phototherapy device market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Europe phototherapy device market report provides a detailed analysis of the following market segments: