- Fluorescent Lamps
- Compact Fluorescent Lamps
- Fiberoptic Phototherapy Equipment
- LED Phototherapy Equipment
- Conventional Phototherapy Equipment
Phototherapy Equipment Market size was valued at US$ 720 Million in 2021 and is projected to reach US$ 1134 Million by 2028 at a CAGR of 6.7% during the forecast period 2022 to 2028. Phototherapy Equipment Market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). This report on global market gives historical, current, and future market sizes (US$ Mn) of device type, application, end-user and geographic regions. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policymakers engaged in manufacturing and supply. Phototherapy or light therapy involves exposing the skin to ultraviolet light on a regular basis and under medical supervision. The UV part of the radiation emitted by the sun that is used in phototherapy, especially the ultraviolet B (UVB) and ultraviolet A (UVA) wavelengths. Using phototherapy, exposure of specific wavelengths of light using polychromatic polarized light, fluorescent lamps, and lasers is used for the treatment.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Increase in the prevalence of neonatal jaundice and growing number of the preterm birth are the key factors attributed for the growth of the phototherapy equipment market. According to the National Center for Biotechnology Information (NCBI), around 13 million babies are affected with jaundice all across the globe. The increasing incidence of the psoriasis is aiding the growth of the phototherapy equipment market. According to the International Federation of Psoriasis Associations (IFPA), around 150,000 new cases are reported in the U.S every year and 3% of people are affected by some form of psoriasis around the world. The treatment of these skin disorders requires phototherapy, which is expected to boost the growth of the market. However, the high cost of the equipment may hinder the growth of the phototherapy equipment market.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
1. Executive Summary |
2. Global Phototherapy Equipment Market Introduction |
2.1. Global Phototherapy Equipment Market – Taxonomy |
2.2. Global Phototherapy Equipment Market –Definitions |
2.2.1. Product |
2.2.2. Application |
2.2.3. End User |
2.2.4. Region |
3. Global Phototherapy Equipment Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Phototherapy Equipment Market Dynamic Factors - Impact Analysis |
3.6. Impact of COVID 19 on The Market |
3.7. Three Forecast Scenarios - Pessimistic, Conservative and Opportunistic |
3.8. Mapping Market Players Activities |
3.9. Recent Key Developments |
3.10. Financial Status of the Market Players |
3.11. Recent Acquisitions, Collaborations and Mergers |
4. Global Phototherapy Equipment Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 |
4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Phototherapy Equipment Market Forecast, By Product Type, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
5.1. Conventional Phototherapy Equipment (CPE) |
5.1.1. CPE With Fluorescent Lamp |
5.1.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.1.3. Market Opportunity Analysis |
5.1.2. CPE with Compact Fluorescent Lamp |
5.1.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.2.3. Market Opportunity Analysis |
5.2. LED Phototherapy Equipment |
5.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Fiber Optic Phototherapy Equipment |
5.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
6. Global Phototherapy Equipment Market Forecast, By Application, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
6.1. Skin Disease Treatment |
6.1.1. Psoriasis |
6.1.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
6.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.1.3. Market Opportunity Analysis |
6.1.2. Vitiligo |
6.1.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
6.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.2.3. Market Opportunity Analysis |
6.1.3. Eczema |
6.1.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
6.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3.3. Market Opportunity Analysis |
6.1.4. Others |
6.1.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
6.1.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.4.3. Market Opportunity Analysis |
6.2. Neonatal Jaundice Management |
6.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
7. Global Phototherapy Equipment Market Forecast, By End User, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
7.1. Hospitals & Clinics |
7.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Home Care |
7.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
8. Global Phototherapy Equipment Market Forecast, By Region, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia-Pacific |
8.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Latin America |
8.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Middle East and Africa |
8.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
8.6. Global Phototherapy Equipment Market - Opportunity Analysis Index, By Product, Application, End User, and Region, 2022 - 2028 |
9. North America Phototherapy Equipment Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
9.1. Product Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
9.1.1. Conventional Phototherapy Equipment (CPE) |
9.1.1.1. CPE With Fluorescent Lamp |
9.1.1.2. CPE With Compact Fluorescent Lamp |
9.1.2. LED Phototherapy Equipment |
9.1.3. Fiber Optic Phototherapy Equipment |
9.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
9.2.1. Skin Disease Treatment |
9.2.1.1. Psoriasis |
9.2.1.2. Vitiligo |
9.2.1.3. Eczema |
9.2.1.4. Others |
9.2.2. Neonatal Jaundice Management |
9.3. End User Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Hospitals & Clinics |
9.3.2. Home Care |
9.4. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
9.4.1. U.S. |
9.4.2. Canada |
9.5. North America Phototherapy Equipment Market - Opportunity Analysis Index, By Product, Application, End User, and Country, 2022 - 2028 |
9.6. North America Phototherapy Equipment Market Dynamics – Trends |
10. Europe Phototherapy Equipment Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
10.1. Product Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
10.1.1. Conventional Phototherapy Equipment (CPE) |
10.1.1.1. CPE With Fluorescent Lamp |
10.1.1.2. CPE With Compact Fluorescent Lamp |
10.1.2. LED Phototherapy Equipment |
10.1.3. Fiber Optic Phototherapy Equipment |
10.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Skin Disease Treatment |
10.2.1.1. Psoriasis |
10.2.1.2. Vitiligo |
10.2.1.3. Eczema |
10.2.1.4. Others |
10.2.2. Neonatal Jaundice Management |
10.3. End User Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Hospitals & Clinics |
10.3.2. Home Care |
10.4. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Germany |
10.4.2. UK |
10.4.3. France |
10.4.4. Italy |
10.4.5. Spain |
10.4.6. Rest of Europe |
10.5. Europe Phototherapy Equipment Market - Opportunity Analysis Index, By Product, Application, End User, and Country, 2022 - 2028 |
10.6. Europe Phototherapy Equipment Market Dynamics – Trends |
11. Asia-Pacific Phototherapy Equipment Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
11.1. Product Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
11.1.1. Conventional Phototherapy Equipment (CPE) |
11.1.1.1. CPE With Fluorescent Lamp |
11.1.1.2. CPE With Compact Fluorescent Lamp |
11.1.2. LED Phototherapy Equipment |
11.1.3. Fiber Optic Phototherapy Equipment |
11.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Skin Disease Treatment |
11.2.1.1. Psoriasis |
11.2.1.2. Vitiligo |
11.2.1.3. Eczema |
11.2.1.4. Others |
11.2.2. Neonatal Jaundice Management |
11.3. End User Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Hospitals & Clinics |
11.3.2. Home Care |
11.4. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
11.4.1. Japan |
11.4.2. China |
11.4.3. India |
11.4.4. ASEAN |
11.4.5. Rest of Asia-Pacific |
11.5. Asia-Pacific Phototherapy Equipment Market - Opportunity Analysis Index, By Product, Application, End User, and Country, 2022 - 2028 |
11.6. Asia-Pacific Phototherapy Equipment Market Dynamics – Trends |
12. Latin America Phototherapy Equipment Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
12.1. Product Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
12.1.1. Conventional Phototherapy Equipment (CPE) |
12.1.1.1. CPE With Fluorescent Lamp |
12.1.1.2. CPE With Compact Fluorescent Lamp |
12.1.2. LED Phototherapy Equipment |
12.1.3. Fiber Optic Phototherapy Equipment |
12.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Skin Disease Treatment |
12.2.1.1. Psoriasis |
12.2.1.2. Vitiligo |
12.2.1.3. Eczema |
12.2.1.4. Others |
12.2.2. Neonatal Jaundice Management |
12.3. End User Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Hospitals & Clinics |
12.3.2. Home Care |
12.4. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Brazil |
12.4.2. Argentina |
12.4.3. Rest of Latin America |
12.5. Latin America Phototherapy Equipment Market - Opportunity Analysis Index, By Product, Application, End User, and Country, 2022 - 2028 |
12.6. Latin America Phototherapy Equipment Market Dynamics – Trends |
13. Middle East and Africa Phototherapy Equipment Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
13.1. Product Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
13.1.1. Conventional Phototherapy Equipment (CPE) |
13.1.1.1. CPE With Fluorescent Lamp |
13.1.1.2. CPE With Compact Fluorescent Lamp |
13.1.2. LED Phototherapy Equipment |
13.1.3. Fiber Optic Phototherapy Equipment |
13.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
13.2.1. Skin Disease Treatment |
13.2.1.1. Psoriasis |
13.2.1.2. Vitiligo |
13.2.1.3. Eczema |
13.2.1.4. Others |
13.2.2. Neonatal Jaundice Management |
13.3. End User Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Hospitals & Clinics |
13.3.2. Home Care |
13.4. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Saudi Arabia |
13.4.2. GCC Countries |
13.4.3. South Africa |
13.4.4. Rest of MEA |
13.5. MEA Phototherapy Equipment Market - Opportunity Analysis Index, By Product, Application, End User, and Country, 2022 - 2028 |
13.6. MEA Phototherapy Equipment Market Dynamics – Trends |
14. Competition Landscape |
14.1. Strategic Dashboard of Top Market Players |
14.2. Company Profiles (Introduction, Financial Analysis, Product Type Offerings, Key Developments, Strategies, and SWOT Analysis) |
14.2.1. Medela AG |
14.2.2. Natus Medical Incorporated |
14.2.3. ALFAMEDIC S.R.O. |
14.2.4. Nice Neotech Medical Systems Pvt. Ltd. |
14.2.5. Herbert Waldmann GmbH & Co. KG |
14.2.6. The Daavlin Company |
14.2.7. Drägerwerk AG & Co. KGaA |
14.2.8. Hill-Rom |
14.2.9. Philips Lighting Holding B.V. |
14.2.10. DIXION |
14.2.11. Signify Holding. |
14.2.12. Natbiocorp |
15. Research Methodology |
16. Key Assumptions and Acronyms |