Phototherapy Equipment Market – Growth, Future Prospects, and Competitive Analysis, 2017 – 2025, the global phototherapy equipment market was valued at US$ 453.59 Mn in 2016, and is expected to reach US$ 748.89 Mn by 2025, expanding at a CAGR of 5.5% from 2017 to 2025.
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Phototherapy is commonly used to treat skin conditions such as psoriasis, atopic eczema, vitiligo and neonatal jaundice. Phototherapy uses ultraviolet rays such as mid wave light energy i.e. UVB or long wave light i.e. UVA. UVB is available in market as narrowbrand or broadband. Ultraviolet phototherapy is used to slow abnormal skin growth mainly associated with psoriasis. Narrow band UVB and PUVA are used for process of repigmenting in vitiligo
Market Competition Assessment:
Key players in the global phototherapy equipment market are Atom Medical Corporation, Arjo huntlleigh, Inc., Herbert Waldmann GmbH & Co. Kg, Honle UV America, Inc., GE Healthcare, Inc., 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, Inc. and others.
Key Market Movements:
– National Center for Biotechnology Information (NCBI) report study states that approximately 60%-80% healthy newborns suffer from neonatal jaundice. Every year around 13 million babies are afflicted by jaundice, out of which 9 million belong to developing countries. Therefore, developing countries are expected to be lucrative markets for phototherapy treatment
– Surge in prevalence of skin diseases such as psoriasis, eczema is the main driver for growth of phototherapy treatment market. According to WHO reports, psoriasis prevalence ranges from 0.09%-11.43%, thus making it serious global problem affecting at least 100 million individual across the world.
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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
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
3.5. Porter’s Five Forces Model
3.6. Major Mergers, Acquisitions and Partnerships
Chapter 4. Global Phototherapy Equipment Market, by Device Type, 2015 – 2025 (US$ Mn)
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
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