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Phototherapy Equipment Market Is Expected To Reach US$ 748.8 Mn By 2025

According to the latest market report published by Credence Research, Inc. “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.

The purpose of the report is to illustrate the state of the market of Phototherapy Equipment, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.

Browse here for full report: https://www.credenceresearch.com/report/phototherapy-equipment-market

Market Insights

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. Incidence of jaundice is commonly observed in neonatals, according to Scholars Journal of Applied Medical Sciences (SJAMS), around 25%-50% neonates suffer from jaundice. Thus the rising incidence of jaundice in newborns, increase in prevalence of skin disorders are the major factors contributing to the growth of phototherapy market.

The global phototherapy equipment market is segmented by device type into led-based phototherapy equipment, conventional phototherapy equipment and fiberoptic phototherapy equipment. Conventional phototherapy equipment is further segmented into phototherapy equipment with compact fluorescent lamps and phototherapy equipment with fluorescent lamps.

Conventional phototherapy currently dominates the global phototherapy equipment market, since it is commonly used for skin disease treatment. The global phototherapy equipment market is segmented by application type into skin disease treatment, neonatal jaundice and others. Skin disease occupies a large share of the phototherapy application market. This segment is further segmented into psoriasis, eczema/atopic dermatitis, vitiligo and skin diseases.

As of the current market scenario, North America dominated the global phototherapy equipment market followed by Europe. U.S. forms the largest part of North American phototherapy market. Increasing acne skin problem among US teens, neonatal jaundice are some of the factors for growth of phototherapy market. High adoption rate of novel technology and awareness about advanced skin care treatment further fuels the growth of phototherapy market in Europe. Asia Pacific is the fastest growing phototherapy equipment market in forecast period. It would be the most lucrative market for low cost of phototherapy and rising prevalence of skin diseases.

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.

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

Why was the report written?

This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Phototherapy Equipment buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.

What is the current market landscape and what is changing?

Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.

The report on the market of Phototherapy Equipment contains:

Analysis and forecast of Phototherapy Equipment market dynamics;

Analysis of domestic production, market shares of the main market players;

Analysis of exports and imports;

Analysis of factors, leading the development of the Phototherapy Equipment market;

Assessment and forecast of Phototherapy Equipment market development;

Financial and business profiles of the leading companies in the Phototherapy Equipment industry.

Scope

– Up to date working Phototherapy Equipment data by major regions in the world, the forecast of planned capacity additions by 2026

– The annual breakdown of capital expenditure spending on proposed Phototherapy Equipment for the period 2018 to 2026

– Planned Phototherapy Equipment additions and capital expenditure spending by key countries and companies across the world

– Planned capital expenditure spending on new Phototherapy Equipment projects by region, key countries, and companies

– Details of major planned Phototherapy Equipment projects in the world up to 2026

Also you can request us for sample in pdf with more details and graph: https://www.credenceresearch.com/sample-request/58573

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