Market Overview:
The global phototherapy apparatus market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of skin diseases, rising awareness about the benefits of phototherapy, and technological advancements in LED-based phototherapy devices. Based on type, the global phototherapy apparatus market can be segmented into long lamp, CFL (compact fluorescent lamp), LED (light emitting diode), and fiber optic devices. Of these, LED-based devices are expected to witness the highest growth during the forecast period owing to their advantages such as low power consumption, portability, and easy operability. Based on application, the global phototherapy apparatus market can be segmented into skin diseases (psoriasis vulgaris,, vitiligo,, atopic dermatitis,, ichthyosis,, lichen planus) and neonatal jaundice.
Product Definition:
A phototherapy apparatus is a device used to deliver ultraviolet light to treat skin conditions. UV light is known to kill bacteria and help heal skin lesions. Phototherapy apparatuses are often used to treat psoriasis, eczema, and other skin conditions.
Long Lamp:
The long lamp is a device used in phototherapy apparatus for the treatment of various skin diseases and cancer. It emits light on to the affected part of body which helps in boosting the healing process. The lamp consists of two parts, one is a compact fluorescent light bulb and other is an ultraviolet radiation therapy source such as mercury vapor or ionizing radiation.
According to National Cancer Institute, nearly 1 million people are diagnosed with skin cancer each year in U.S.
CFL:
Chromotherapy is a type of phototherapy used in the treatment of cancer. It uses natural or artificial light sources to treat cancer by targeting abnormal cells. The most common types of cancers treated with chromotherapy include brain, cervical, liver, breast and skin, colorectal and lung tumors. A variety of different types of lights are used in chromatography such as high-intensity focused ultrasound (HIFU) and ultraviolet (UV).
Application Insights:
Skin diseases segment dominated the global phototherapy apparatus market in 2017 owing to increasing awareness about various treatment options for skin conditions. In addition, rising demand for light therapies due to growing preference for natural treatment is expected to drive the segment growth over the forecast period.
Neonatal jaundice is anticipated to be one of the fastest-growing segments during the forecast period owing to high prevalence of neonatal jaundice worldwide and increasing number of product launches by key players in this sector, such as Medela and Philips Avent. Neonatal jaundice occurs when a baby¢â‚¬â„¢s liver cannot produce enough bile pigment (bilirubin) and his or her eyes become yellowish because it can no longer process bilirubin effectively.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing research and development activities, rising awareness about phototherapy, presence of well-established healthcare facilities in countries such as U.S., and Canada, and availability of highly skilled physicians in this region.
Europe accounted for a significant share of revenue generated by the global market for phototherapy apparatuses in 2017 owing to high prevalence of skin diseases such as psoriasis, vitiligo, eczema across this region which requires regular application of light therapy devices for treatment purpose (light box/boxes).
Growth Factors:
- Increasing incidence of skin diseases: The global Phototherapy Apparatus market is expected to grow at a CAGR of 5.5% during the forecast period owing to the increasing incidence of skin diseases such as psoriasis, vitiligo, and eczema.
- Growing awareness about phototherapy: There is a growing awareness about phototherapy as an effective treatment for various skin diseases among patients and healthcare professionals alike. This is likely to drive the demand for phototherapy apparatuses in the coming years.
- Technological advancements: The development of innovative and advanced phototherapy apparatuses has led to their increased adoption in hospitals and clinics worldwide. This is likely to propel the growth of the global Phototherapy Apparatus market in the near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Phototherapy Apparatus Market Research Report
By Type
Long Lamp, CFL, LED, Fiber Optic
By Application
Skin Diseases (Psoriasis, Vitiligo, Eczema), Neonatal Jaundice
By Companies
GE Healthcare (U.K.), 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.), Solarc Systems Inc. (Canada)
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Phototherapy Apparatus Market Report Segments:
The global Phototherapy Apparatus market is segmented on the basis of:
Types
Long Lamp, CFL, LED, Fiber Optic
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
Skin Diseases (Psoriasis, Vitiligo, Eczema), Neonatal Jaundice
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 (U.K.)
- 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.)
- Solarc Systems Inc. (Canada)
Highlights of The Phototherapy Apparatus 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:
- Long Lamp
- CFL
- LED
- Fiber Optic
- By Application:
- Skin Diseases (Psoriasis, Vitiligo, Eczema)
- Neonatal Jaundice
- 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 Phototherapy Apparatus 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A phototherapy apparatus is a device that emits light to treat conditions such as skin cancer.
Some of the major players in the phototherapy apparatus market are GE Healthcare (U.K.), 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.), Solarc Systems Inc. (Canada).
The phototherapy apparatus 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. Phototherapy Apparatus 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. Phototherapy Apparatus Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Phototherapy Apparatus Market - Supply Chain
4.5. Global Phototherapy Apparatus Market Forecast
4.5.1. Phototherapy Apparatus Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Phototherapy Apparatus Market Size (000 Units) and Y-o-Y Growth
4.5.3. Phototherapy Apparatus Market Absolute $ Opportunity
5. Global Phototherapy Apparatus 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. Phototherapy Apparatus Market Size and Volume Forecast by Type
5.3.1. Long Lamp
5.3.2. CFL
5.3.3. LED
5.3.4. Fiber Optic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Phototherapy Apparatus 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. Phototherapy Apparatus Market Size and Volume Forecast by Application
6.3.1. Skin Diseases (Psoriasis, Vitiligo, Eczema)
6.3.2. Neonatal Jaundice
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Phototherapy Apparatus 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. Phototherapy Apparatus 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 Phototherapy Apparatus 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. Phototherapy Apparatus 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 Phototherapy Apparatus Demand Share Forecast, 2019-2026
9. North America Phototherapy Apparatus 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 Phototherapy Apparatus 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 Phototherapy Apparatus Market Size and Volume Forecast by Application
9.4.1. Skin Diseases (Psoriasis, Vitiligo, Eczema)
9.4.2. Neonatal Jaundice
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Phototherapy Apparatus Market Size and Volume Forecast by Type
9.7.1. Long Lamp
9.7.2. CFL
9.7.3. LED
9.7.4. Fiber Optic
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 Phototherapy Apparatus Demand Share Forecast, 2019-2026
10. Latin America Phototherapy Apparatus 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 Phototherapy Apparatus 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 Phototherapy Apparatus Market Size and Volume Forecast by Application
10.4.1. Skin Diseases (Psoriasis, Vitiligo, Eczema)
10.4.2. Neonatal Jaundice
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Phototherapy Apparatus Market Size and Volume Forecast by Type
10.7.1. Long Lamp
10.7.2. CFL
10.7.3. LED
10.7.4. Fiber Optic
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 Phototherapy Apparatus Demand Share Forecast, 2019-2026
11. Europe Phototherapy Apparatus 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 Phototherapy Apparatus 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 Phototherapy Apparatus Market Size and Volume Forecast by Application
11.4.1. Skin Diseases (Psoriasis, Vitiligo, Eczema)
11.4.2. Neonatal Jaundice
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Phototherapy Apparatus Market Size and Volume Forecast by Type
11.7.1. Long Lamp
11.7.2. CFL
11.7.3. LED
11.7.4. Fiber Optic
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 Phototherapy Apparatus Demand Share, 2019-2026
12. Asia Pacific Phototherapy Apparatus 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 Phototherapy Apparatus 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 Phototherapy Apparatus Market Size and Volume Forecast by Application
12.4.1. Skin Diseases (Psoriasis, Vitiligo, Eczema)
12.4.2. Neonatal Jaundice
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Phototherapy Apparatus Market Size and Volume Forecast by Type
12.7.1. Long Lamp
12.7.2. CFL
12.7.3. LED
12.7.4. Fiber Optic
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 Phototherapy Apparatus Demand Share, 2019-2026
13. Middle East & Africa Phototherapy Apparatus 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 Phototherapy Apparatus 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 Phototherapy Apparatus Market Size and Volume Forecast by Application
13.4.1. Skin Diseases (Psoriasis, Vitiligo, Eczema)
13.4.2. Neonatal Jaundice
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Phototherapy Apparatus Market Size and Volume Forecast by Type
13.7.1. Long Lamp
13.7.2. CFL
13.7.3. LED
13.7.4. Fiber Optic
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 Phototherapy Apparatus Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Phototherapy Apparatus Market: Market Share Analysis
14.2. Phototherapy Apparatus Distributors and Customers
14.3. Phototherapy Apparatus Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE Healthcare (U.K.)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Philips Lighting Holding B.V. (Netherlands)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Natus Medical Incorporated (U.S.)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Phoenix Medical Systems Pvt. Ltd. (India)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Herbert Waldmann GmbH & Co. KG (Germany)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Atom Medical Corporation (Japan)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. nice Neotech Medical Systems Pvt. Ltd. (India)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. National Biological Corp. (U.S.)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Solarc Systems Inc. (Canada)
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
