Global Phototherapy Device Market (2019-2025) | Analysis, Size, Revenue, Trends, Growth, Forecast, Industry, Outlook, Value & Segmentation

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 Regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa), By Key Countries and Competitive Landscape.

Product Code: ETC000861 Publication Date: Sep 2021 Updated Date: May 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 300 No. of Figures: 90 No. of Tables: 30

Latest 2023 Developments of the Global Phototherapy Device Market

Global Phototherapy Device Market has seen the latest developments which include the introduction of cost-effective phototherapy devices that are more efficient than conventional devices. Over the years, phototherapy treatment has continuously evolved due to the arrival of new technological peripherals. Advancements in technology such as increases in the use of LED devices, safety, low power consumption, long shelf-life, and portability of LED devices further propel the market. It is also effective in the treatment of skin-related issues such as psoriasis, vitiligo, and itchy skin. Promising results have been obtained when phototherapy was used in the treatment of cancers and tumours.

Mergers and Acquisitions:

  • In January 2021, Soligenix, Inc. announced that it had signed an exclusive Supply, Distribution and Services Agreement with Daavlin.
  • In February 2021, GE Healthcare offloaded its molecular breast cancer imaging assets in a deal with newcomer SmartBreast.

Global Phototherapy Device Market Synopsis

The rising adoption of LED-based equipment, the spread of various skin diseases as well as significant demand for various technologically advanced products is some of the key growth drivers of the Global phototherapy device market. Additionally, the massive spread of neonatal jaundice among the newborn population across the globe is further expected to increase the demand for the global phototherapy device market over the coming years.

According to 6Wresearch, the Global Phototherapy Device Market is anticipated to witness sound growth during 2019-2025. The device is gaining a major market share across the globe and has been put to high use in neonatal jaundice management applications as it provides technological advancements for treatment. Moreover, the use of compact fluorescent bulbs is supporting the product to acquire a sound market share as the bulb provides ease of use and uniformity.

Furthermore, on the basis of end-user, hospitals are witnessing rising demand for phototherapy devices and are further anticipated to dominate the global phototherapy device market over the coming years. The growth is primarily driven by the increasing inclination of patients towards hospitals for treatment coupled with many surgical consumptions, as a result, the phototherapy device market is capturing a large portion of the biotechnology industry.

The Global phototherapy device market report thoroughly covers the market by product types, applications, end-users, and regions including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa, and key countries. The phototherapy device market outlook report provides an unbiased and detailed analysis of the ongoing global phototherapy device market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.

The global Phototherapy Device market is the medical device in the industry such as public and private companies. The companies are engaged in the manufacturing and distribution of phototherapy Devices including conventional lamps, light-emitting diodes, treatment of skin disorders, and neonatal jaundice cases. In the phototherapy device the advanced use of the home-care system in the U.S. and Germany.

The global phototherapy device market is projected to gain traction throughout the forecast period owing to increased symptoms of jaundice in newborn babies especially. Further, the increase in the expansion of the pediatric centre's establishments is estimated to generate high sales revenues in the market underpinned by rising jaundice in newborn babies thereby the growth of the phototherapy device is been securing massive demand to treat patients and is estimated to boost the impressive growth of the global phototherapy device market in the upcoming six years.

Key Highlights of the Report:

  • Global Phototherapy Device Market Overview
  • Global Phototherapy Device Market Outlook
  • Global Phototherapy Device Market Forecast
  • Historical Data of Phototherapy Device Market Revenues for the Period 2015-2018
  • Global Phototherapy Device Market Size and Forecast of Revenues, Until 2025
  • Historical Data of Global Phototherapy Device Market Revenues, by Product Types, for the Period 2015-2018
  • Market Size & Forecast of Global Phototherapy Device Market Revenues, by Product Types, until 2025
  • Historical Data of Global Phototherapy Device Market Revenues, By Applications, for the Period 2015-2018
  • Market Size & Forecast of Global Phototherapy Device Market Revenues, By Applications, until 2025
  • Historical Data of Global Phototherapy Device Market Revenues, by End Users, for the Period 2015-2018
  • Market Size & Forecast of Global Phototherapy Device Market Revenues, by End Users, until 2025
  • Historical Data of North America Phototherapy Device Market Revenues, for the Period 2015-2018.
  • Market Size & Forecast of North America Phototherapy Device Market Revenues, until 2025.
  • Historical Data of Latin America Phototherapy Device Market Revenues, for the Period 2015-2018.
  • Market Size & Forecast of Latin America Phototherapy Device Market Revenues, until 2025.
  • Historical Data of Europe Phototherapy Device Market Revenues, for the Period 2015-2018.
  • Market Size & Forecast of Europe Phototherapy Device Market Revenues, until 2025.
  • Historical Data of Asia Pacific Phototherapy Device Market Revenues, for the Period 2015-2018.
  • Market Size & Forecast of Asia Pacific Phototherapy Device Market Revenues, until 2025.
  • Historical Data of MEA Phototherapy Device Market Revenues, for the Period 2015-2018.
  • Market Size & Forecast of MEA Phototherapy Device Market Revenues, until 2025.
  • Market Drivers and Restraints
  • Global Phototherapy Device Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Global Phototherapy Device Market Share, By Regions
  • Global Phototherapy Device Market Share, By Players
  • Global Phototherapy Device Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The Global phototherapy device market report provides a detailed analysis of the following market segments:

By Types:

    • Conventional Phototherapy Device
      • Fluorescent Lamps,
      • Compact Fluorescent Lamps
    • Fiber Optic Phototherapy Device
    • LED Phototherapy Device

  • By Applications:

    • Skin Disease Treatment
      • Psoriasis
      • Eczema
      • Vitiligo
      • Others
    • Neonatal Jaundice Management
    • Cancers and Pre-cancers
    • Other Diseases

By End Users:

  • Hospitals
  • Clinics
  • Homecare

By Regions:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Global Phototherapy Device Market: FAQs
The growing skin disorders prevalence, increasing awareness & concern of skin health, the growing expansion of healthcare infrastructure.
advanced phototherapy devices are expensive, possibilities of side effects of treatment, and shortages of skilled healthcare professionals to administer therapy.
Types, applications, end users, and regions are gaining traction in the market by generating higher demand for phototherapy Devices.
Philips, Drägerwerk AG & Co. KGaA, Natus Medical Inc., and GE Healthcare are some top brands operating in the market.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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. Global Phototherapy Device Market Overview
3.1 Global Phototherapy Device Market Revenues, 2015-2025F
3.2 Global Phototherapy Device Market Revenue Share, By Product Types, 2018 & 2025F
3.3 Global Phototherapy Device Market Revenue Share, By Applications, 2018 & 2025F
3.4 Global Phototherapy Device Market Revenue Share, By End Users, 2018 & 2025F
3.5 Global Phototherapy Device Market Revenue Share, By Regions, 2018 & 2025F
3.6 Global Phototherapy Device Market Industry Life Cycle
3.7 Global Phototherapy Device Market- Porter’s Five Forces
4. Global Phototherapy Device Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Global Phototherapy Device Market Trends
6. Global Phototherapy Device Market Overview, By Product Types
6.1 Global Conventional Phototherapy Device Market Revenues, 2015-2025F
   6.1.1 Global Conventional Phototherapy Equipment With Fluorescent Lamp Market Revenues, 2015-2025F
   6.1.2 Global Conventional Phototherapy Equipment With Compact Fluorescent Lamp Market Revenues, 2015-2025F
6.2 Global LED Phototherapy Device Market Revenues, 2015-2025F
6.3 Global Fiberoptic Phototherapy Device Market Revenues, 2015-2025F
7. Global Phototherapy Device Market Overview, By Applications
7.1 Global Skin Disease Treatment Market Revenues, 2015-2025F 
7.1.1 Global Skin Disease Treatment Market Revenues, By Vitiligo, 2015-2025F 
7.1.2 Global Skin Disease Treatment Market Revenues, By Eczema, 2015-2025F 
7.1.3 Global Skin Disease Treatment Market Revenues, By Psoriasis, 2015-2025F 
7.1.4 Global Skin Disease Treatment Market Revenues, By Others, 2015-2025F 
7.2 Global Neonatal Jaundice Management Market Revenues, 2015-2025F 
7.3 Global Cancer  and Pre-cancer Treatment Market Revenues, 2015-2025F 
7.4 Global Other Diseases Treatment Market Revenues, 2015-2025F 
8. Global Phototherapy Device Market Overview, By End-Users
8.1 Global Phototherapy Device Market Revenues, By Hospitals & Clinics, 2015-2025F 
8.2 Global Phototherapy Device Market Revenues, By Homecare, 2015-2025F 
8.3 Global Phototherapy Device Market Revenues, By Clinics, 2015-2025F 
9. North America Phototherapy Device Market Overview
9.1 North America Phototherapy Device Market Revenues, 2015-2025F 
9.2 North America Phototherapy Device Market Revenues, By Product Types, 2015-2025F
9.3 North America Phototherapy Device Market Revenues, By Applications, 2015-2025F
9.4 North America Phototherapy Device Market Revenues, By End Users, 2015-2025F
9.5 North America Phototherapy Device Market Revenues, By Countries, 2015-2025F
10. Latin America Phototherapy Device Market Overview
10.1 Latin America Phototherapy Device Market Revenues, 2015-2025F 
10.2 Latin America Phototherapy Device Market Revenues, By Product Types, 2015-2025F
10.3 Latin America Phototherapy Device Market Revenues, By Applications, 2015-2025F
10.4 Latin America Phototherapy Device Market Revenues, By End Users, 2015-2025F
10.5  Latin America Phototherapy Device Market Revenues, By Countries, 2015-2025F
11. Europe Phototherapy Device Market Overview
11.1 Europe Phototherapy Device Market Revenues, 2015-2025F 
11.2 Europe Phototherapy Device Market Revenues, By Product Types, 2015-2025F
11.3 Europe Phototherapy Device Market Revenues, By Applications, 2015-2025F
11.4 Europe Phototherapy Device Market Revenues, By End Users, 2015-2025F
11.5 Europe Phototherapy Device Market Revenues, By Countries, 2015-2025F
12. Asia Pacific Phototherapy Device Market Overview
12.1 Asia Pacific Phototherapy Device Market Revenues, 2015-2025F 
12.2 Asia Pacific Phototherapy Device Market Revenues, By Product Types, 2015-2025F
12.3 Asia Pacific Phototherapy Device Market Revenues, By Applications, 2015-2025F
12.4 Asia Pacific Phototherapy Device Market Revenues, By End Users, 2015-2025F
12.5 Asia Pacific Phototherapy Device Market Revenues, By Countries, 2015-2025F
13. The Middle East & Africa Phototherapy Device Market Overview
13.1 the Middle East & Africa Phototherapy Device Market Revenues, 2015-2025F 
13.2 the Middle East & Africa Phototherapy Device Market Revenues, By Product Types, 2015-2025F
13.3 the Middle East & Africa Phototherapy Device Market Revenues, By Applications, 2015-2025F
13.4 the Middle East & Africa Phototherapy Device Market Revenues, By End Users, 2015-2025F
13.5 the Middle East & Africa Phototherapy Device Market Revenues, By Countries, 2015-2025F
14. Global Phototherapy Device Market Opportunity Assessment
14.1 Global Phototherapy Device Market Opportunity Assessment, By Product Types, 2025F
14.2 Global Phototherapy Device Market Opportunity Assessment, By Applications, 2025F
14.3 Global Phototherapy Device Market Opportunity Assessment, By End Users, 2025F
14.4 Global Phototherapy Device Market Opportunity Assessment, By Regions, 2025F
15. Global Phototherapy Device Market Competitive Landscape 
15.1 Global Phototherapy Device Market Revenue Share, By Companies, 2018
15.1.1 North America Phototherapy Device Market Revenue Share, By Companies, 2018
15.1.2 Latin America Phototherapy Device Market Revenue Share, By Companies, 2018
15.1.3 Europe Phototherapy Device Market Revenue Share, By Companies, 2018
15.1.4 Asia-Pacific Phototherapy Device Market Revenue Share, By Companies, 2018
15.1.5 Latin America Phototherapy Device Market Revenue Share, By Companies, 2018
15.2 Global Phototherapy Device Market Competitive Benchmarking, By Operating Parameters
16. Company Profiles
17. Strategic Recommendations
18. Disclaimer
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