The global neonatal phototherapy devices market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing number of births and rising awareness about neonatal care. The increasing number of births is due to the rise in population and declining fertility rates in many countries. Neonatal care has become an important part of healthcare, as it helps reduce mortality rates among newborns by preventing complications such as hypothermia, jaundice, and respiratory distress syndrome (RDS).
Phototherapy lamps are used for treating neonates with jaundice or hyperbilirubinemia. Phototherapy blankets are used for treating neonates with RDS or hypothermia. Hospitals & clinics use phototherapy lamps while birthing centers use phototherapy blankets for treatment purposes. North America is expected to dominate this market during the forecast period owing to its high adoption rate among hospitals & clinics and birthing centers in this region.
Some Of The Growth Factors Of This Market:
- The increasing number of births in developing countries is a major factor driving the growth of the neonatal phototherapy devices market.
- The increasing awareness about the benefits of phototherapy devices for newborns is also driving the growth of this market.
- The rising incidence rates of jaundice in newborns is also a major factor driving this market's growth.
- Increasing government initiatives to reduce infant mortality rates are also contributing to this market's growth, as they promote and provide access to neonatal phototherapy devices for newborns with jaundice.
- Increasing awareness about the benefits of phototherapy devices for newborns and their parents are also contributing to this market's growth.
Industry Growth Insights published a new data on “Neonatal Phototherapy Devices Market”. The research report is titled “Neonatal Phototherapy Devices Market research by Types (Phototherapy Lamp, Phototherapy Blanket), By Applications (Hospitals & Clinics, Birthing Centers, Others), By Players/Companies GE Healthcare, Atom Medical, Drager, Philips, Natus, Ningbo David Medical, Weyer, D-Rev, Novos Medical”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Neonatal Phototherapy Devices Market Research Report
By Type
Phototherapy Lamp, Phototherapy Blanket
By Application
Hospitals & Clinics, Birthing Centers, Others
By Companies
GE Healthcare, Atom Medical, Drager, Philips, Natus, Ningbo David Medical, Weyer, D-Rev, Novos Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Neonatal Phototherapy Devices Market Report Segments:
The global Neonatal Phototherapy Devices market is segmented on the basis of:
Types
Phototherapy Lamp, Phototherapy Blanket
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals & Clinics, Birthing Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE Healthcare
- Atom Medical
- Drager
- Philips
- Natus
- Ningbo David Medical
- Weyer
- D-Rev
- Novos Medical
Highlights of The Neonatal Phototherapy Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Phototherapy Lamp
- Phototherapy Blanket
- By Application:
- Hospitals & Clinics
- Birthing Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Neonatal Phototherapy Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Neonatal phototherapy devices are medical devices that use a light source to treat infants with certain types of cancer. These devices emit short-wavelength light (such as blue or violet) that is believed to help destroy cancer cells in the infant's body.
Some of the key players operating in the neonatal phototherapy devices market are GE Healthcare, Atom Medical, Drager, Philips, Natus, Ningbo David Medical, Weyer, D-Rev, Novos Medical.
The neonatal phototherapy devices market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Neonatal Phototherapy Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Neonatal Phototherapy Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Neonatal Phototherapy Devices Market - Supply Chain
4.5. Global Neonatal Phototherapy Devices Market Forecast
4.5.1. Neonatal Phototherapy Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Neonatal Phototherapy Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Neonatal Phototherapy Devices Market Absolute $ Opportunity
5. Global Neonatal Phototherapy Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Neonatal Phototherapy Devices Market Size and Volume Forecast by Type
5.3.1. Phototherapy Lamp
5.3.2. Phototherapy Blanket
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Neonatal Phototherapy Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Neonatal Phototherapy Devices Market Size and Volume Forecast by Application
6.3.1. Hospitals & Clinics
6.3.2. Birthing Centers
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Neonatal Phototherapy Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Neonatal Phototherapy Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Neonatal Phototherapy Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Neonatal Phototherapy Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Neonatal Phototherapy Devices Demand Share Forecast, 2019-2026
9. North America Neonatal Phototherapy Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Neonatal Phototherapy Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Neonatal Phototherapy Devices Market Size and Volume Forecast by Application
9.4.1. Hospitals & Clinics
9.4.2. Birthing Centers
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Neonatal Phototherapy Devices Market Size and Volume Forecast by Type
9.7.1. Phototherapy Lamp
9.7.2. Phototherapy Blanket
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Neonatal Phototherapy Devices Demand Share Forecast, 2019-2026
10. Latin America Neonatal Phototherapy Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Neonatal Phototherapy Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Neonatal Phototherapy Devices Market Size and Volume Forecast by Application
10.4.1. Hospitals & Clinics
10.4.2. Birthing Centers
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Neonatal Phototherapy Devices Market Size and Volume Forecast by Type
10.7.1. Phototherapy Lamp
10.7.2. Phototherapy Blanket
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Neonatal Phototherapy Devices Demand Share Forecast, 2019-2026
11. Europe Neonatal Phototherapy Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Neonatal Phototherapy Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Neonatal Phototherapy Devices Market Size and Volume Forecast by Application
11.4.1. Hospitals & Clinics
11.4.2. Birthing Centers
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Neonatal Phototherapy Devices Market Size and Volume Forecast by Type
11.7.1. Phototherapy Lamp
11.7.2. Phototherapy Blanket
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Neonatal Phototherapy Devices Demand Share, 2019-2026
12. Asia Pacific Neonatal Phototherapy Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Neonatal Phototherapy Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Neonatal Phototherapy Devices Market Size and Volume Forecast by Application
12.4.1. Hospitals & Clinics
12.4.2. Birthing Centers
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Neonatal Phototherapy Devices Market Size and Volume Forecast by Type
12.7.1. Phototherapy Lamp
12.7.2. Phototherapy Blanket
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Neonatal Phototherapy Devices Demand Share, 2019-2026
13. Middle East & Africa Neonatal Phototherapy Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Neonatal Phototherapy Devices Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Neonatal Phototherapy Devices Market Size and Volume Forecast by Application
13.4.1. Hospitals & Clinics
13.4.2. Birthing Centers
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Neonatal Phototherapy Devices Market Size and Volume Forecast by Type
13.7.1. Phototherapy Lamp
13.7.2. Phototherapy Blanket
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Neonatal Phototherapy Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Neonatal Phototherapy Devices Market: Market Share Analysis
14.2. Neonatal Phototherapy Devices Distributors and Customers
14.3. Neonatal Phototherapy Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE Healthcare
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Atom Medical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Drager
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Philips
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Natus
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ningbo David Medical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Weyer
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. D-Rev
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Novos Medical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
