1. Market Research
  2. > Healthcare
  3. > Pathology Market Trends
Phototherapy Equipment Market by Type, Application, End-user, Geography - Global Forecast to 2021

Phototherapy Equipment Market by Type, Application, End-user, Geography - Global Forecast to 2021

  • October 2016
  • 121 pages
  • ID: 4259111
  • Format: PDF
  • By MarketsandMarkets

Summary

Table of Contents

Search Inside

The global phototherapy equipment market is projected to reach USD 583.4 million by 2021, growing at a CAGR of 4.5% during the forecast period of 2016 to 2021. This market is primarily driven by the huge patient population of preterm and low-weight birth babies in both developed and developing markets, rising number of patients affected with skin diseases, inflow of technologically advanced products, rising awareness across developing nations, and growing number of NICU admissions. On the other hand, poor accessibility of proper neonatal care in developing regions and decreasing birth rate in certain developed countries are limiting the growth of this market.

Based on type, the phototherapy equipment market is segmented into conventional, LED, and fiberoptic phototherapy equipment. The rising adoption of LED-based phototherapy equipment, mainly due to its cost effectiveness and efficacy over conventional phototherapy equipment, is driving the growth of the LED phototherapy equipment market during the forecast period.

On the basis of applications, the phototherapy equipment market has been segmented into skin disease treatment and neonatal jaundice management. The neonatal jaundice management segment is expected to grow at the highest CAGR from 2016 to 2021. The rising incidence of neonatal jaundice and the growing number of preterm and low-weight births are the major factors responsible for the high growth of this market, along with the rising adoption of low-cost phototherapy equipment.

Geographically, North America commands the largest share of the global phototherapy equipment market in 2016, followed by Europe. The phototherapy equipment market in North America is primarily driven by the stringent drug development regulations and public and private funding for life science research activities.

The global phototherapy equipment market is highly competitive, with a large number of global and local players. As of 2015, the global phototherapy equipment market was dominated by GE Healthcare (U.S.), Philips Lighting Holding B.V. (Netherlands), Natus Medical Incorporated (U.S.), Phoenix Medical Systems Pvt. Ltd. (India), Herbert Waldmann GmbH & Co. KG (Germany), Atom Medical Corporation (Japan), nice Neotech Medical Systems Pvt. Ltd. (India), National Biological Corp. (U.S.), and Solarc Systems Inc. (Canada). Product launches, enhancements, and showcases; and partnerships, agreements, and collaborations are the major strategies adopted by players to achieve growth in the phototherapy equipment market.


Research Coverage:
In this report, the phototherapy equipment market has been segmented by type, end user, application, and region. From an insight perspective, this research report has focused on various levels of analysis—industry trends, market share analysis of top ten players, and company profiles, which together comprise and discuss basic views on the competitive landscape, emerging and high-growth segments of the phototherapy equipment market, high-growth regions and countries and their respective drivers, restraints, challenges, and opportunities.

Reasons to Buy the Report:
The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms in garnering a greater market share. Firms purchasing the report could use any one or combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.


The report provides insights on the following pointers:

- Market Penetration: Comprehensive information on the product portfolios and services offered by the major players in the phototherapy equipment market. The report analyzes the phototherapy equipment market based on type, application, and end user, across regions

- Product Development/Innovation: Detailed insights on the upcoming technologies, research and development activities, and new product launches in the phototherapy equipment market

- Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various phototherapy equipment across regions

- Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the phototherapy equipment market

- Competitive Assessment: In-depth assessment of strategies, products and services, distribution networks, and manufacturing capabilities of leading players in the phototherapy equipment market

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Chronic Urticaria Or Hives - Pipeline Review, H2 2019

Chronic Urticaria Or Hives - Pipeline Review, H2 2019

  • $ 2000
  • December 2019

Chronic Urticaria Or Hives - Pipeline Review, H2 2019SummaryThe latest Pharmaceutical and Healthcare disease pipeline guide Chronic Urticaria Or Hives - Pipeline Review, H2 2019, provides an overview of ...

Global Atopic Dermatitis Market: Analysis By Therapy, End User, Pipeline, By Region, By Country : Market Insight, Competition and Forecast

Global Atopic Dermatitis Market: Analysis By Therapy, End User, Pipeline, By Region, By Country : Market Insight, Competition and Forecast

  • $ 2200
  • January 2020

Executive SummaryGlobal Atopic Dermatitis Market was valued at USD 9095.16 Million in the year 2018. Rise in pollution levels, growing urbanization, unhealthy lifestyle, increase in number of allergies ...

Tyrosine Protein Kinase JAK1 - Pipeline Review, H1 2020

Tyrosine Protein Kinase JAK1 - Pipeline Review, H1 2020

  • $ 3500
  • January 2020

Tyrosine Protein Kinase JAK1 - Pipeline Review, H1 2020SummaryTyrosine Protein Kinase JAK1 (Janus Kinase 1 or JAK1 or EC 2.7.10.2) pipeline Target constitutes close to 42 molecules. Out of which approximately ...


ref:plp2016

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on