Medical Health & Life Science Research News

Research focused on the phototherapy equipment market worth $660.48 million by 2022

Medical Market Research

The prevailing situations of skin disorders across the globe had created demand for the Phototherapy Equipment market.

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According to Stratistics MRC, the Global Phototherapy Equipment market is accounted for $474.56 million in 2016 and is expected to reach $660.48 million by 2022 growing at a CAGR of 5.7% during the forecast period 2016 to 2022. 

The rising incidence of neonatal jaundice across the developed and developing countries had driven the market, in addition to that technological advancements are also driving the market. However, use of alternative mode of treatment such as topical and systemic therapy is restraining the market.

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Browse the report:…outlook-2016-2022

Skin Disease Treatment is expected to dominate the application market on account of prevailing occurrence of severe skin disorders such as eczema, psoriasis and acne. Hospitals segment is witnessing huge market share due to the presence of large number of hospitals in developed and developing countries.

North American market is estimated to dominate the global market, attributing to the high prevalence of skin disorders and huge adoption of technologically advanced skin care treatments.

Some of the key players of the Phototherapy Equipment market include Honle UV America, Inc., Arjo huntlleigh, Atom Medical Corporation, Favoro Health Projects spa, GE Healthcare, Herbert Waldmann GmbH & Co. Kg, 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. and The Daavlin Company.

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End-Users Covered:
Home Care Settings

Applications covered:
Neonatal Jaundice Management
Skin Disease Treatment
Eczema/Atopic Dermatitis
Other Skin Disease Treatments

Types covered:
Led-`Based Phototherapy Equipment
Conventional Phototherapy Equipment
Conventional Phototherapy Equipment With Compact Fluorescent Lamps
Conventional Phototherapy Equipment With Fluorescent Lamps
Fiberoptic Phototherapy Equipment

Regions Covered:
North America
Rest of Europe
Asia Pacific
New Zealand
Rest of APAC
Rest of the World
Middle East
South Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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