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 | |
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.
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.
The Latin America phototherapy device market 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. 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 |