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Phototherapy Equipment Market By Device Type (Led-Based Phototherapy Equipment, Conventional Phototherapy Equipment, Fiberoptic Phototherapy Equipment), By Application Type (Skin Disease Treatment, Neonatal Jaundice) – Growth, Future Prospects, And Competitive Analysis, 2017 -2025

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Market Insights:

Phototherapy refers to the use of light to treat medical conditions. Phototherapy incorporates the use of ultraviolet rays, particularly UVA and UVB wavelengths. Broadband UVB, narrowband UVB, and PUVA (psoralen + UVA) are the major UV forms used in phototherapy. UVB is used to treat skin diseases such as atopic eczema, psoriasis, vitiligo, generalized itching, and other skin conditions. In cases where UVB is not effective, PUVA is used for treating atopic eczema and chronic plaque psoriasis. Phototherapy is commonly used for the treatment of neonatal jaundice to reduce the elevated bilirubin level. The rising prevalence of skin disorders such as psoriasis, atopic eczema, and vitiligo, the increase in cases of newborns suffering from jaundice in both developed and developing countries, and awareness about novel treatment technologies and their adoption play pivotal roles in driving the growth of the global phototherapy market.

The report titled “Phototherapy Equipment Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025” offers strategic insights into the overall phototherapy equipment market, along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of multiple market segments based on the type of device, application, and different geographies. The device types studied for analyzing the overall global phototherapy equipment market are majorly segmented into led-based phototherapy equipment, conventional phototherapy equipment (phototherapy equipment with compact fluorescent lamps and fluorescent lamps), and fiberoptic phototherapy equipment. The global phototherapy equipment market is segmented by application type into skin disease treatment (psoriasis, eczema/atopic dermatitis, vitiligo, and other skin diseases), neonatal jaundice, and others.

The market size and forecast for these regional and country-level markets are presented in this study for the period U.S5–2025. Market gU. Kth rates for the forecast period 2017–2025 are also included in this report, considering 2016 as the base year. This section also includes additional cross-sectional data in terms of device type, applications, constituent region, and country-level markets.

Along with quantitative information, qualitative information sets and assessment tools are provided in this study for a better analysis of the overall market scenario and future prospects. Information such as market drivers, challenges, and opportunities assists the readers in understanding the ongoing trends in the global phototherapy equipment market. Tools such as market positioning of key players, Porter’s five forces analysis, and appealing investment propositions provide readers with insights into the global phototherapy equipment market’s competitive scenario.

This report concludes with a company profiles section that highlights major information about the key players engaged in the global phototherapy equipment market. In-depth competitive environment analysis and historical (2015) market size data are also provided in the report. Furthermore, this report concludes with a profile of key market players currently enjoying prominent positions in the vascular grafts market. The key players profiled in this report are Atom Medical Corporation, Arjo Huntleigh, Inc., Herbert Waldmann GmbH & Co. KG, Honle UV America, GE Healthcare, National Biological Corporation, Natus Medical Incorporated, Nice Neotech Medical Systems Pvt. Ltd., Philips Lighting Holding B.V., Phoenix Medical Systems Pvt. Ltd., Solarc Systems, Inc., The Daavlin Company, and others.

Based on the type of equipment, the global phototherapy equipment market is segmented as follows:

  • LED-based pG.E.totherapy equipment
  • Conventional phototherapy equipment
  • Phototherapy Equipment With Compact Fluorescent Lamps
  • Phototherapy Equipment With FB.V.escent Lamps
  • Fiberoptic Phototherapy Equipment

In 2016, conventional phototherapy equipment held the largest market share. Conventional phototherapy is a popular treatment for skin diseases such as psoriasis, acne, eczema, and vitiligo, which drives the demand for phototherapy treatments.LED is considered to be a technically superior method and clinically more effective for the treatment of neonatal jaundice. Thus, the LED-based phototherapy segment is expected to grow at a significant rate in the forecast period. Novel fiberoptic phototherapy equipment that uses optical fibers is effective in reducing total serum bilirubin for neonates with jaundice.

Based on the type of application, the global phototherapy equipment market is segmented as follows:

  • Treatment of Skin Disease
  • Psoriasis
  • Eczema/Atopic Dermatitis
  • Vitiligo
  • Others
  • Neonatal Jaundice
  • Others

Currently, skin disease treatment occupies a large share of the global phototherapy equipment market due to the surge in the prevalence of psoriasis, eczema, vitiligo, and other skin conditions. Neonatal jaundice treatment is expected to be the fastest-growing market that is commonly observed in newborns. According to the National Center for Biotechnology Information (NCBI), around 60% to 80% of healthy newborns are likely to develop neonatal jaundice, thus propelling the demand for phototherapy treatment. Every year, around 13 million babies suffer from jaundice, of which 9 million are from developing countries, thus creating a lucrative market for phototherapy treatment.

For the purpose of this study, the global phototherapy equipment market is geographically categorized into:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

In 2016, North America dominated the phototherapy market, followed by Europe. The rising prevalence of skin diseases and U.Snatal jaundice, U.Kl-established healthcare infrastructure, favorable reimbursement scenarios, and availability of novel technologies play significant roles in the growth of the phototherapy market. The United States has the largest market share in North America’s phototherapy market. Because of the National Psoriasis Foundation’s (NPF) persuasive efforts, the Centers for Medicare and Medicaid Services (CMS) have upheld the reduced reimbursement rates for phototherapy, ensuring patients with psoriasis and other skin conditions have access to affordable treatment. The most common skin problem observed in US teens is acne, which is one of the key factors driving the phototherapy market.

The rising problem of acne and psoriasis has led to a high adoption rate of phototherapy in Europe. Asia Pacific is anticipated to be the fastest-growing market in the forecast period of 2017–2025. The key factors driving the growth of the Asia-Pacific market are tU.S. rising incidence of psoriasis and other skin problems, the prevalence of neonatal jaundice, and the availability of low-cost phototherapy in emerging countries. Around 13 million newborns suffer from jaundice, of which 9 million are from developing countries. In emerging economies, improving healthcare facilities and raising awareness about advanced skin care treatments would increase the demand for phototherapy treatment.

Chapter 1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

Chapter 2. Executive Summary
2.1. Global Phototherapy Equipment Market Portraiture
2.1.1. Global Phototherapy Equipment Market, by Device Type, 2016
2.1.2. Global Phototherapy Equipment Market, by Application Type, 2016
2.1.3. Global Phototherapy Equipment Market, by Geography, 2016

Chapter 3. Phototherapy Equipment Market: Market Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Porter’s Five Forces Model
3.6. Major Mergers, Acquisitions and Partnerships
3.7. Attractive Investment Proposition, by Geography
3.8. Competitive Landscape
3.8.1. Competitive Landscape, by Key Players, 2016

Chapter 4. Global Phototherapy Equipment Market, by Device Type, 2015 – 2025 (US$ Mn)
4.1. Overview
4.2. Attractive Investment Proposition: Global Phototherapy Equipment Market, by Device Type
4.3. Led-based Phototherapy Equipment
4.4. Conventional Phototherapy Equipment
4.4.1. Phototherapy Equipment with Compact Fluorescent Lamps
4.4.2. Phototherapy Equipment with Fluorescent Lamps
4.5. Fiberoptic Phototherapy Equipment

Chapter 5. Global Phototherapy Equipment Market, by Application Type, 2015 – 2025 (US$ Mn)
5.1. Overview
5.2. Attractive Investment Proposition: Global Phototherapy Equipment Market, by Application Type
5.3. Skin Disease Treatment
5.3.1. Psoriasis
5.3.2. Eczema/Atopic Dermatitis
5.3.3. Vitiligo
5.3.4. Others
5.4. Neonatal Jaundice
5.5. Others

Chapter 6. Global Phototherapy Equipment Market, by Geography, 2015 – 2025 (US$ Mn)
6.1. Overview
6.2. North America Phototherapy Equipment Market, 2015 – 2025
6.2.1. North America Phototherapy Equipment Market, by Device Type, 2015 – 2025 (US$ Mn)
6.2.2. North America Phototherapy Equipment Market, by Application Type, 2015 – 2025 (US$ Mn)
6.2.3. North America Phototherapy Equipment Market, by Country, 2015 – 2025 (US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.3. Europe Phototherapy Equipment Market, 2015 – 2025
6.3.1. Europe Phototherapy Equipment Market, by Device Type, 2015 – 2025 (US$ Mn)
6.3.2. Europe Phototherapy Equipment Market, by Application Type, 2015 – 2025 (US$ Mn)
6.3.3. Europe Phototherapy Equipment Market, by Country, 2015 – 2025 (US$ Mn)
6.3.3.1. U.K.
6.3.3.2. Germany
6.3.3.3. France
6.3.3.4. Itlay
6.3.3.5. Spain
6.3.3.6. Rest of Europe
6.4. Asia Pacific Phototherapy Equipment Market, 2015 – 2025
6.4.1. Asia Pacific Phototherapy Equipment Market, by Device Type, 2015 – 2025 (US$ Mn)
6.4.2. Asia Pacific Phototherapy Equipment Market, by Application Type, 2015 – 2025 (US$ Mn)
6.4.3. Asia Pacific Phototherapy Equipment Market, by Country, 2015 – 2025 (US$ Mn)
6.4.3.1. Japan
6.4.3.2. China
6.4.3.3. India
6.4.3.4. South Korea
6.4.3.5. Rest of APAC
6.5. Latin America Phototherapy Equipment Market, 2015 – 2025
6.5.1. Latin America Phototherapy Equipment Market, by Device Type, 2015 – 2025 (US$ Mn)
6.5.2. Latin America Phototherapy Equipment Market, by Application Type, 2015 – 2025 (US$ Mn)
6.5.3. Latin America Phototherapy Equipment Market, by Country, 2015 – 2025 (US$ Mn)
6.5.3.1. Brazil
6.5.3.2. Mexico
6.5.3.3. Rest of Latin America
6.6. Middle East & Africa (MEA) Phototherapy Equipment Market 2015 – 2025
6.6.1. MEA Phototherapy Equipment Market, by Device Type, 2015 – 2025 (US$ Mn)
6.6.2. MEA Phototherapy Equipment Market, by Application Type, 2015 – 2025 (US$ Mn)
6.6.3. MEA Phototherapy Equipment Market, by Country, 2015 – 2025 (US$ Mn)
6.6.3.1. UAE
6.6.3.2. Saudi Arabia
6.6.3.3. South Africa
6.6.3.4. Rest of MEA

Chapter 7. Company Profiles
7.1. Atom Medical Corporation
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. ArjoHuntlleigh, Inc. (Gentinge Group)
7.3. Herbert Waldmann GmbH & Co. Kg
7.4. Honle UV America, Inc.
7.5. GE Healthcare, Inc.
7.6. Favoro Health Projects SpA
7.7. National Biological Corporation
7.8. Natus Medical Incorporated
7.9. Nice Neotech Medical Systems Pvt. Ltd.
7.10. Philips Lighting Holding B.V.
7.11. Phoenix Medical Systems Pvt. Ltd.
7.12. Solarc Systems, Inc.
7.13. The Daavlin Company, Inc.
7.14. Other Notable Players

List of Figures

FIG. 1 Phototherapy Equipment: Market Segmentation
FIG. 2 Global Phototherapy Equipment Market Share, by Device Type, 2016 (US$ Mn)
FIG. 3 Global Phototherapy Equipment Market Share, by Application Type, 2016 (US$ Mn)
FIG. 4 Global Phototherapy Equipment Market, by Geography, 2016 (Value %)
FIG. 5 Attractive Investment Proposition, by Geography
FIG. 6 Market Competition Landscape, by Key Players, 2016
FIG. 7 Global Led-based Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 8 Global Phototherapy Equipment With Compact Fluorescent Lamps Market, 2015 – 2025 (US$ Mn)
FIG. 9 Global Phototherapy Equipment With Fluorescent Lamps Market, 2015 – 2025 (US$ Mn)
FIG. 10 Global Fiberoptic Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 11 Global Phototherapy Equipment for Skin Disease Treatment Market, 2015 – 2025 (US$ Mn)
FIG. 12 Global Phototherapy Equipment for Psoriasis Market, 2015 – 2025 (US$ Mn)
FIG. 13 Global Phototherapy Equipment for Eczema/Atopic Dermatitis Market, 2015 – 2025 (US$ Mn)
FIG. 14 Global Phototherapy Equipment for Vitiligo Market, 2015 – 2025 (US$ Mn)
FIG. 15 Global Phototherapy Equipment for Other Skin Diseases Market, 2015 – 2025 (US$ Mn)
FIG. 16 Global Phototherapy Equipment for Neonatal Jaundice Market, 2015 – 2025 (US$ Mn)
FIG. 17 Global Phototherapy Equipment for Other Applications Market, 2015 – 2025 (US$ Mn)
FIG. 18 U.S. Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 19 Canada Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 20 U.K. Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 21 Germany Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 22 France Phototherapy Equipment Market, 2015-2025 (US$ Mn)
FIG. 23 Rest of Europe Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 24 Japan Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 25 China Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 26 India Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 27 Rest of Asia Pacific Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 28 Brazil Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 29 Mexico Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 30 Rest of Latin America Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 31 UAE Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 32 Saudi Arabia Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 33 South Africa Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)
FIG. 34 Rest of Middle East and Africa Phototherapy Equipment Market, 2015 – 2025 (US$ Mn)

List of Tables

TABLE 1 Global Phototherapy Equipment Market, by Device Type, 2015 – 2025 (US$ Mn)
TABLE 2 Global Phototherapy Equipment Market, by Application Type, 2015 – 2025 (US$ Mn)
TABLE 3 Global Phototherapy Equipment Market, by Geography, 2015-2025 (US$ Mn)
TABLE 4 North America Phototherapy Equipment Market, by Device Type, 2015 – 2025 (US$ Mn)
TABLE 5 North America Phototherapy Equipment Market, by Application Type, 2015 – 2025 (US$ Mn)
TABLE 6 North America Phototherapy Equipment Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 7 Europe Phototherapy Equipment Market, by Device Type, 2015 – 2025 (US$ Mn)
TABLE 8 Europe Phototherapy Equipment Market, by Application Type, 2015 – 2025 (US$ Mn)
TABLE 9 Europe Phototherapy Equipment Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 10 Asia Pacific Phototherapy Equipment Market, by Device Type, 2015 – 2025 (US$ Mn)
TABLE 11 Asia Pacific Phototherapy Equipment Market, by Application Type, 2015 – 2025 (US$ Mn)
TABLE 12 Asia Pacific Phototherapy Equipment Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 13 Latin America Phototherapy Equipment Market, by Device Type, 2015 – 2025 (US$ Mn)
TABLE 14 Latin America Phototherapy Equipment Market, by Application Type, 2015 – 2025 (US$ Mn)
TABLE 15 Latin America Phototherapy Equipment Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 16 Middle East and Africa Phototherapy Equipment Market, by Device Type, 2015 – 2025 (US$ Mn)
TABLE 17 Middle East and Africa Phototherapy Equipment Market, by Application Type, 2015 – 2025 (US$ Mn)
TABLE 18 Middle East and Africa Phototherapy Equipment Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 19 Atom Medical Corporation: Company Snapshot (Business Description, Financial Information, Product Portfolio, Key Developments)
TABLE 20 ArjoHuntlleigh, Inc.: Company Snapshot (Business Description, Financial Information, Product Portfolio, Key Developments)
TABLE 21 Herbert Waldmann GmbH & Co. Kg: Company Snapshot (Business Description, Financial Information, Product Portfolio, Key Developments)
TABLE 22 Honle UV America, Inc.: Company Snapshot (Business Description, Financial Information, Product Portfolio, Key Developments)
TABLE 23 GE Healthcare, Inc.: Company Snapshot (Business Description, Financial Information, Product Portfolio, Key Developments)
TABLE 24 Favoro Health Projects SpA: Company Snapshot (Business Description, Financial Information, Product Portfolio, Key Developments)
TABLE 25 National Biological Corporation: Company Snapshot (Business Description, Financial Information, Product Portfolio, Key Developments)
TABLE 26 Natus Medical Incorporated: Company Snapshot (Business Description, Financial Information, Product Portfolio, Key Developments)
TABLE 27 Nice Neotech Medical Systems Pvt. Ltd.: Company Snapshot (Business Description, Financial Information, Product Portfolio, Key Developments)
TABLE 28 Philips Lighting Holding B.V.: Company Snapshot (Business Description, Financial Information, Product Portfolio, Key Developments)
TABLE 29 Phoenix Medical Systems Pvt. Ltd.: Company Snapshot (Business Description, Financial Information, Product Portfolio, Key Developments)
TABLE 30 Solarc Systems, Inc.: Company Snapshot (Business Description, Financial Information, Product Portfolio, Key Developments)
TABLE 31 The Daavlin Company, Inc.: Company Snapshot (Business Description, Financial Information, Product Portfolio, Key Developments)

Frequently Asked Questions:

What is the size of Phototherapy Equipment Market?

The market for Phototherapy Equipment Market is expected to reach US$ 748.89 Mn By 2025.

What is the Phototherapy Equipment Market CAGR?

The Phototherapy Equipment Market is expected to see significant CAGR growth over the coming years, at 5.5%.

What is the Forecast period considered for Phototherapy Equipment Market?

The report is forecasted from 2017-2025.

What is the base year considered for Phototherapy Equipment Market?

The base year of this report is 2016.

Who are the major players in this market?

Atom Medical Corporation, Arjo Huntleigh, Inc., Herbert Waldmann GmbH & Co. KG, Honle UV America, GE Healthcare, National Biological Corporation, Natus Medical Incorporated, Nice Neotech Medical Systems Pvt. Ltd. are some of the major players in the global market.

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