Latin America 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 Countries (Brazil, Mexico, Argentina and Rest of Latin America) and Competitive Landscape.

Product Code: ETC000858 Publication Date: Sep 2021 Updated Date: May 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Latest 2023 Developments of the Latin America Phototherapy Device Market

Latin America Phototherapy Device Market has seen the latest developments which include the introduction of LED-based phototherapy devices. LED-based phototherapy devices use LEDs as a source of light to focus the wavelength light precisely on the affected area. The time associated with these devices for treatment is much lesser than the conventional phototherapy devices. Additionally, there have been other developments like effective phototherapy treatment, and technological advancements in the field of infant phototherapy. Moreover, assertions made by the Neonatal Biology Department of Latin America regarding the rising levels of bilirubin in infants post 5 days of birth have further paced the adoption and development of more efficient phototherapy devices.

Mergers and Acquisitions:

  • On November 23, 2020, Natus Medical Incorporated announced the acquisition of Babybe GmbH.

Latin America Phototherapy Device Market Synopsis

Rising risks of neonatal jaundice amongst infants are shifting the focus of many surgical operators towards the deployment of phototherapy devices across Latin America. A phototherapy device reduces the level of bilirubin, a yellow compound that occurs in the normal human body promoting pale skin and the hands of newborn babies. Additionally, assertions made by the Neonatal Biology Department of Latin America regarding the rising levels of bilirubin in infants post 5 days of birth are further anticipated to support the market progression of the Latin America phototherapy device market over the coming years.

According to 6Wresearch, the Latin America phototherapy device market size is projected to record progressing growth during 2019-2025. Latin America has been rewarded as an emerging ground for various multinational biotech companies. The biotechnology industry is a vital component in Latin America and acknowledges innovative technologies that may tend to bring advancement in the industry. Additionally, the region has been observed as the fourth largest in the world to commercialize various biotech products. These factors would strengthen the Latin America phototherapy device market over the coming years.

In terms of end-users, the hospitals dominate the overall Latin America phototherapy device market primarily due to the preference of patients towards hospitals for treatment. Whereas, in terms of countries, Brazil accounts for the majority of the market share as the country is supporting a vivacious ground for the growth of the biotechnology industry, which would further support the growth of the Latin America phototherapy device market over the coming years.

The Latin America phototherapy device market report thoroughly covers the market by product types, applications, end-users, and countries including Brazil, Mexico, Argentina, and the Rest of Latin America. The phototherapy device market outlook report provides an unbiased and detailed analysis of the ongoing Latin America 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.

 Key Highlights of the Report:

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

Markets Covered:

The Latin America 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 Countries:

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
Latin America Phototherapy Device Market: FAQs
Key players in the market include companies like Philips, GE Healthcare, Drägerwerk AG & Co. KGaA, Natus Medical Incorporated.
Phototherapy devices play a vital role in treating various skin conditions and neonatal jaundice.
Rising risks of neonatal jaundice amongst infants is bolstering the growth of the market.
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. Latin America Phototherapy Device Market Overview
3.1 Latin America Phototherapy Device Market Revenues, 2015-2025F
3.2 Latin America Phototherapy Device Market Revenue Share, By Product Types, 2018 & 2025F
3.3 Latin America Phototherapy Device Market Revenue Share, By Applications, 2018 & 2025F
3.4 Latin America Phototherapy Device Market Revenue Share, By End Users, 2018 & 2025F
3.5 Latin America Phototherapy Device Market Revenue Share, By Regions, 2018 & 2025F
3.6 Latin America Phototherapy Device Market Industry Life Cycle
3.7 Latin America Phototherapy Device Market- Porter’s Five Forces
4. Latin America Phototherapy Device Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Latin America Phototherapy Device Market Trends
6. Latin America Phototherapy Device Market Overview, By Product Types
6.1 Latin America Conventional Phototherapy Device Market Revenues, 2015-2025F
   6.1.1 Latin America Conventional Phototherapy Equipment With Fluorescent Lamp Market Revenues  2015-2025F
   6.1.2 Latin America Conventional Phototherapy Equipment With Compact Fluorescent Lamp Market Revenues,  2015-2025F
6.2 Latin America LED Phototherapy Device Market Revenues, 2015-2025F
6.3 Latin America Fiberoptic Phototherapy Device Market Revenues, 2015-2025F
7. Latin America Phototherapy Device Market Overview, By Applications
7.1 Latin America Skin Disease Treatment Market Revenues, 2015-2025F 
7.1.1 Latin America Skin Disease Treatment Market Revenues, By Vitiligo, 2015-2025F 
7.1.2 Latin America Skin Disease Treatment Market Revenues, By Eczema, 2015-2025F 
7.1.3 Latin America Skin Disease Treatment Market Revenues, By Psoriasis, 2015-2025F 
7.1.4 Latin America Skin Disease Treatment Market Revenues, By Others, 2015-2025F 
7.2 Latin America Neonatal Jaundice Management Market Revenues, 2015-2025F 
7.3 Latin America Cancer  and Pre-cancer Treatment Market Revenues, 2015-2025F 
7.4 Latin America Other Diseases Treatment Market Revenues, 2015-2025F 
8. Latin America Phototherapy Device Market Overview, By End-Users
8.1 Latin America Phototherapy Device Market Revenues, By Hospitals & Clinics, 2015-2025F 
8.2 Latin America Phototherapy Device Market Revenues, By Homecare, 2015-2025F 
8.3 Latin America Phototherapy Device Market Revenues, By Clinics, 2015-2025F 
9. Brazil Phototherapy Device Market Overview
9.1 Brazil Phototherapy Device Market Revenues, 2015-2025F 
9.2 Brazil Phototherapy Device Market Revenues, By Product Types, 2015-2025F
9.3 Brazil Phototherapy Device Market Revenues, By Applications, 2015-2025F
9.4 Brazil Phototherapy Device Market Revenues, By End Users, 2015-2025F
10. Mexico Phototherapy Device Market Overview
10.1 Mexico Phototherapy Device Market Revenues, 2015-2025F 
10.2 Mexico Phototherapy Device Market Revenues, By Product Types, 2015-2025F
10.3 Mexico Phototherapy Device Market Revenues, By Applications, 2015-2025F
10.4 Mexico Phototherapy Device Market Revenues, By End Users, 2015-2025F
11. Argentina Phototherapy Device Market Overview
11.1 Argentina Phototherapy Device Market Revenues, 2015-2025F 
11.2 Argentina Phototherapy Device Market Revenues, By Product Types, 2015-2025F
11.3 Argentina Phototherapy Device Market Revenues, By Applications, 2015-2025F
11.4 Argentina Phototherapy Device Market Revenues, By End Users, 2015-2025F
12. Rest of Europe Phototherapy Device Market Overview
12.1 Rest of Europe Phototherapy Device Market Revenues, 2015-2025F 
13. Latin America  Phototherapy Device Market Opportunity Assessment
13.1 Latin America  Phototherapy Device Market Opportunity Assessment, By Product Types, 2025F
13.2 Latin America  Phototherapy Device Market Opportunity Assessment, By Applications, 2025F
13.3 Latin America  Phototherapy Device Market Opportunity Assessment, By End Users, 2025F
13.4 Latin America  Phototherapy Device Market Opportunity Assessment, By Regions, 2025F
14. Latin America  Phototherapy Device Market Competitive Landscape 
14.1 Latin America  Phototherapy Device Market Revenue Share, By Companies, 2018
14.1.1 Brazil Phototherapy Device Market Revenue Share, By Companies, 2018
14.1.2 Mexico Phototherapy Device Market Revenue Share, By Companies, 2018
14.1.3 Argentina Phototherapy Device Market Revenue Share, By Companies, 2018
14.2 Latin America  Phototherapy Device Market Competitive Benchmarking, By Operating Parameters
15. Company Profiles
16. Strategic Recommendations
17. Disclaimer

Asia Pacific (APAC) Phototherapy Device Market (2019-2025): 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 (Japan, India, China, Malaysia, Thailand, Australia, Indonesia and Rest of Asia Pacific) and Competitive Landscape.

Europe Phototherapy Device Market (2019-2025): 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.

The Middle East & Africa (MEA) Phototherapy Device Market (2019-2025): 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 (Egypt, Turkey, Saudi Arabia, South Africa, UAE, Nigeria, Oman, Bahrain, Kuwait, Qatar and Rest of the Middle East & Africa) and Competitive Landscape.

North America Phototherapy Device Market (2019-2025): 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 (the United States, Canada and Rest of North America) and Competitive Landscape.

Global Phototherapy Device Market (2019-2025): 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.

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