Phototherapy Equipment Market Size, Share, Growth, Trends, Regional Outlook and Forecast, 2019 to 2026
“Global phototherapy equipment market size was valued at USD 525.8 million in 2018 and is anticipated to witness a CAGR of 6.3% by 2026�
The global phototherapy equipment market size is expected to reach at USD 845.7 million by 2026 registering a CAGR of 6.3%, according to a new report by Grand View Research, Inc. Rising prevalence of skin diseases across the globe has led to an increased demand for phototherapy equipment. According to healthline data, nearly 150,000 new psoriasis cases develop each year in U.S. Thus, rising cases of psoriasis is expected to boost the demand for these devices in near future. Eczema, one of the severe skin diseases, has also contributed to the market growth. Neonatal jaundice is another disease that requires phototherapy treatment to reduce high bilirubin levels. According to the National Center for Biotechnology Information (NCBI), around 60 to 80% of healthy newborns are likely to develop neonatal jaundice. Furthermore, constant technological advancements pertaining to these will boost the market growth. LED-based devices are being highly adopted, which has further accelerated the growth of the market. The LED lights are cheaper as compared to conventional equipment and has a long-lasting effect. These lights also have been proved to be very effective for treating neonatal jaundice. Hence, improvement in technology has impacted the growth of the market. Request a Sample Copy of the Global Phototherapy Equipment Market Research www.grandviewresearch.com/industry-analysis/phototherapy-equipment-market/request/rs1
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Further key findings from the study suggest:
Conventional phototherapy equipment segment held the second-largest market share due to wide usage of these devices in skin disease treatment
LED equipment are expected to witness the highest CAGR over the forecast period due to its costeffectiveness and long-lasting effect
Skin disease treatment application segment accounted for the largest revenue share in 2018 owing to rising prevalence of psoriasis and eczema
Neonatal jaundice management is anticipated to witness the maximum growth at a CAGR 6.5% over the forecast period due to increasing incidence of the disease
North America led the phototherapy equipment market in 2018 owing to quick adoption of advanced technologies in the field of phototherapy treatment in this region
Some of the key companies are GE Healthcare; Philips Lighting Holding B.V.; Nice Neotech Medical Systems Pvt. Ltd.; Natus Medical, Inc.; Phoenix Medical Systems Pvt. Ltd.; and Herbert Waldmann GmbH & Co. KG
Grand View Research has segmented the global phototherapy equipment market on the basis of product, application, end use, and region: Phototherapy Equipment Product Outlook (Revenue, USD Million, 2014 - 2026)
Conventional o o
Conventional Phototherapy Equipment with Fluorescent Lamp Conventional Phototherapy Equipment with Compact Fluorescent Lamp
LED
Fiberoptic
Phototherapy Equipment Application Outlook (Revenue, USD Million, 2014 - 2026)
Skin Disease Treatment o o o o
Psoriasis Vitiligo Eczema Others
Neonatal Jaundice Management
Phototherapy Equipment End Use Outlook (Revenue, USD Million, 2014 - 2026)
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Hospitals & Clinics
Homecare
Phototherapy Equipment Regional Outlook (Revenue, USD Million, 2014 - 2026)
North America o o
Europe o o o o o o
o o o o o
Japan China India South Korea Australia New Zealand
Latin America o o o
Germany U.K. Spain France Italy Russia
Asia Pacific o
U.S. Canada
Brazil Mexico Argentina
MEA o o o
South Africa Saudi Arabia Egypt
Access full research report on global phototherapy equipment market: www.grandviewresearch.com/industry-analysis/phototherapy-equipment-market
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Table of Content of Phototherapy Equipment Market Research Report Chapter 1 Methodology and Scope 1.1 Market segmentation & scope 1.2 Market definition 1.3 Information procurement 1.4 Purchased database 1.5 GVR’s internal database 1.6 Secondary sources & third party perspectives 1.7 Primary research 1.8 Information analysis 1.9 Data analysis models 1.10 Market formulation & data visualization 1.11 Data validation & publishing Chapter 2 Executive Summary 2.1 Market Outlook 2.2 Segment Outlook 2.3 Competitive Insights Chapter 3 Phototherapy Equipment Market Variables, Trends & Scope 3.1 Market Lineage Outlook 3.1.1 Parent Market Outlook 3.1.2 Ancillary Market Outlook 3.2 Penetration and Growth Prospect Mapping 3.3 Product Pipeline Analysis, by Stage 3.4 Industry Value Chain Analysis 3.4.1 Cost structure analysis 3.4.2 User perspective analysis 3.4.2.1 Consumer behavior analysis 3.4.2.2 Market influencer analysis 3.4.3 Cost analysis breakdown 3.4.4 List of key end users, by region
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3.5 Technology Overview 3.5.1 technology timeline 3.6 Regulatory Framework 3.6.1 Reimbursement framework 3.6.2 Standards and compliances 3.7 Market Dynamics 3.7.1 Market driver analysis 3.7.1.1 Increasing prevalence of severe skin diseases 3.7.1.2 Introduction of technologically advanced products 3.7.1.3 Rising prevalence of neonatal jaundice 3.7.2 Market Restraint Analysis 3.7.2.1 Availability of alternative mode of treatment 3.7.2.2 Product recalls 3.7.3 Industry challenges 3.7.3.1 Presence of ambiguous regulatory framework 3.8 Phototherapy Equipment Market Analysis Tools 3.8.1 Industry analysis - Porter’s 3.8.1.1 Supplier Power 3.8.1.2 Buyer Power 3.8.1.3 Substitution Threat 3.8.1.4 Threat from new entrants 3.8.1.5 Competitive Rivalry 3.8.2 pESTEL Analysis 3.8.2.1 Political Landscape 3.8.2.2 Environmental Landscape 3.8.2.3 Social landscape 3.8.2.4 Technology landscape 3.8.2.5 Legal Landscape 3.8.3 Major deals and strategic alliances analysis 3.8.3.1 Joint ventures 3.8.3.2 Mergers and acquisitions
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3.8.3.3 Licensing and partnership 3.8.3.4 Technology collaborations 3.8.3.5 Strategic Divestments 3.8.4 Market entry strategies 3.8.5 Case Studies Chapter 4 Phototherapy Equipment Market - Competitive Analysis 4.1 Recent Developments & Impact Analysis, by Key Market Participants 4.2 Company Categorization 4.3 Vendor Landscape 4.3.1 List of key distributors and channel partners 4.3.2 Key customers 4.3.3 Key company market share analysis, 2018 4.4 Public Companies 4.4.1 Company market position analysis 4.4.2 Company market share, by region 4.4.3 Competitive dashboard analysis 4.4.3.1 Market differentiators 4.4.3.2 Synergy analysis: Major deals and strategic alliances 4.5 Private Companies 4.5.1 List of key emerging companies 4.5.2 Regional network map 4.5.3 Company market position analysis 4.5.4 Supplier ranking Chapter 5 Phototherapy Equipment Market: Product Estimates And Trend Analysis 5.1 Definition & Scope 5.2 Product Market Share Analysis, 2018 & 2026 5.3 Segment Dashboard 5.4 Global Phototherapy Equipment Market, by Product, 2014 to 2026 5.5 Market Size & Forecasts and Trend Analyses, 2014 to 2026 5.5.1 Conventional Phototherapy Equipment 5.5.1.1 Conventional Phototherapy Equipment Market, 2014 to 2026 (USD Million)
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5.5.1.2 Conventional Phototherapy Equipment with Fluorescent Lamp 5.5.1.2.1 Conventional phototherapy equipment with fluorescent lamp market, 2014 to 2026 (USD Million) 5.5.1.3 Conventional Phototherapy Equipment with Compact Fluorescent Lamp 5.5.1.3.1 Conventional phototherapy equipment with compact fluorescent lamp market, 2014 to 2026 (USD Million) 5.5.2 LED Phototherapy Equipment 5.5.2.1 LED Phototherapy Equipment market, 2014 to 2026 (USD Million) 5.5.3 Fiberoptic Phototherapy Equipment 5.5.3.1 Fiberoptic phototherapy equipment market, 2014 to 2026 (USD Million) Chapter 6 Phototherapy Equipment Market: Application Estimates And Trend Analysis 6.1 Definition & Scope 6.2 Application Market Share Analysis, 2018 & 2026 6.3 Segment Dashboard 6.4 Global Phototherapy Equipment Market, by Application, 2014 to 2026 6.5 Market Size & Forecasts and Trend Analyses, 2014 to 2026 6.5.1 Skin Disease Treatment 6.5.1.1 Skin disease treatment market, 2014 to 2026 (USD Million) 6.5.1.2 Skin disease treatment market, by Product, 2014 to 2026 (USD Million) 6.5.1.3 Psoriasis 6.5.1.3.1 Psoriasis market, 2014 to 2026 (USD Million) 6.5.1.4 Vitiligo 6.5.1.4.1 Vitiligo market, 2014 to 2026 (USD Million) 6.5.1.5 Eczema 6.5.1.5.1 Eczema market, 2014 to 2026 (USD Million) 6.5.1.6 Others 6.5.1.6.1 Others market, 2014 to 2026 (USD Million) 6.5.2 Neonatal Jaundice Management 6.5.2.1 Neonatal jaundice management market, 2014 to 2026 (USD Million) 6.5.2.2 Neonatal jaundice management market, by Product, 2014 to 2026 (USD Million) Chapter 7 Phototherapy Equipment Market: End-use Estimates And Trend Analysis
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7.1 Definition & Scope 7.2 End-use Market Share Analysis, 2018 & 2026 7.3 Segment Dashboard 7.4 Global Phototherapy Equipment Market, by End-use, 2014 to 2026 7.5 Market Size & Forecasts and Trend Analyses, 2014 to 2026 7.5.1 Hospitals & Clinics 7.5.1.1 Hospitals & clinics market, 2014 to 2026 (USD Million) 7.5.2 Homecare 7.5.2.1 Homecare market, 2014 to 2026 (USD Million) Chapter 8 Phototherapy Equipment Market: Regional Estimates & Trend Analysis 8.1 Regional Market Snapshot 8.2 Regional Market Share and Leading Players, 2018 8.2.1 North America 8.2.2 Europe 8.2.3 Latin America 8.2.4 Asia Pacific 8.2.5 Middle East & Africa 8.3 Market Share Analysis by Country, 2018 8.3.1 North America 8.3.1.1 U.S. 8.3.1.2 Canada 8.3.2 Europe 8.3.2.1 U.K. 8.3.2.2 Germany 8.3.2.3 Spain 8.3.2.4 France 8.3.2.5 Italy 8.3.2.6 Russia 8.3.3 Latin America 8.3.3.1 Brazil 8.3.3.2 Mexico
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8.3.3.3 Argentina 8.3.4 Asia Pacific 8.3.4.1 Japan 8.3.4.2 China 8.3.4.3 India 8.3.4.4 South Korea 8.3.4.5 Australia 8.3.4.6 New Zealand 8.3.5 Middle East & Africa 8.3.5.1 South Africa 8.3.5.2 Saudi Arabia 8.3.5.3 Egypt 8.4 SWOT Analysis, by Factor (Political & Legal, Economic and Technological) 8.4.1 North America 8.4.2 Europe 8.4.3 Latin America 8.4.4 Asia Pacific 8.4.5 Middle East & Africa 8.5 Market Size & Forecasts, and Trend Analysis, 2018 to 2026 8.5.1 North America 8.5.1.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.1.2 U.S. 8.5.1.2.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.1.3 Canada 8.5.1.3.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.2 Europe 8.5.2.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.2.2 U.K. 8.5.2.2.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.2.3 Germany 8.5.2.3.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million)
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8.5.2.4 Spain 8.5.2.4.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.2.5 France 8.5.2.5.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.2.6 Italy 8.5.2.6.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.2.7 Russia 8.5.2.7.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.3 Latin America 8.5.3.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.3.2 Brazil 8.5.3.2.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.3.3 Mexico 8.5.3.3.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.3.4 Argentina 8.5.3.4.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.4 Asia Pacific 8.5.4.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.4.2 Japan 8.5.4.2.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.4.3 China 8.5.4.3.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.4.4 India 8.5.4.4.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.4.5 South Korea 8.5.4.5.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.4.6 Australia 8.5.4.6.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.4.7 New Zealand 8.5.4.7.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.5 Middle east & Africa
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8.5.5.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.5.2 South africa 8.5.5.2.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.5.3 Saudi Arabia 8.5.5.3.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) 8.5.5.4 Egypt 8.5.5.4.1 Market Size, & Forecasts and Trend Analysis, 2014 to 2026 (USD Million) Chapter 9 COMPANY PROFILE 9.1 Company Profiles 9.1.1 Philips Lighting Holding B.V. 9.1.1.1 Company overview 9.1.1.2 Financial Performance 9.1.1.3 Product benchmarking 9.1.1.4 Strategic initiatives 9.1.2 GE Healthcare 9.1.2.1 Company overview 9.1.2.2 Financial Performance 9.1.2.3 Product benchmarking 9.1.2.4 Strategic initiatives 9.1.3 Natus Medical Incorporated 9.1.3.1 Company overview 9.1.3.2 Financial Performance 9.1.3.3 Product benchmarking 9.1.3.4 Strategic initiatives 9.1.4 Herbert Waldmann GmbH & Co. KG 9.1.4.1 Company overview 9.1.4.2 Financial Performance 9.1.4.3 Product benchmarking 9.1.4.4 Strategic initiatives 9.1.5 Nice Neotech Medical Systems Pvt. Ltd. 9.1.5.1 Company overview
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9.1.5.2 Financial Performance 9.1.5.3 Product benchmarking 9.1.5.4 Strategic initiatives 9.1.6 Phoenix Medical Systems Pvt. Ltd. 9.1.6.1 Company overview 9.1.6.2 Financial Performance 9.1.6.3 Product benchmarking 9.1.6.4 Strategic initiatives 9.1.7 Atom Medical Corporation 9.1.7.1 Company overview 9.1.7.2 Financial Performance 9.1.7.3 Product benchmarking 9.1.7.4 Strategic initiatives 9.1.8 National Biological Corp. 9.1.8.1 Company overview 9.1.8.2 Financial Performance 9.1.8.3 Product benchmarking 9.1.8.4 Strategic initiatives 9.1.9 Solarc Systems Inc. 9.1.9.1 Company overview 9.1.9.2 Financial Performance 9.1.9.3 Product benchmarking 9.1.9.4 Strategic initiatives
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About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com For More Information: www.grandviewresearch.com
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