Phototherapy Device Market Overview
The report analyzed by Maximize Market Research, on Phototherapy Device Market, covers an extensive regional analysis and competitive landscape. Over the forecast period, maximize market Research expects, market size was valued at US$ 575.63 Mn in 2022 and the total revenue is expected to grow at CAGR 4.1 % through 2022 to 2029, reaching nearly US$ 762.61 Mn.
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Phototherapy Device Market Scope and Methodology
The report covers insights into the major drivers, challenges, and major restraints of the Phototherapy Device Market. During the forecast period, the report covers market size with estimations and growth rates. Regional market analysis is conducted at the local, regional, and global levels. Research tools like SWOT, PESTLE and Porter were used for the Phototherapy Device Market analysis. SWOT analysis is used to help organizations develop a complete awareness of all factors included to make a business decision in the market while PESTLE provides information about growth targets and risks to the productivity of the market. Thus, the report act as a guide for investors, stakeholders, and market followers of the market.
Phototherapy Device Market Regional Insights
The Phototherapy Device market exhibits wide segmentation across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report offers an exhaustive examination of factors, market size, growth rate, and regional import-export dynamics. Regional analysis extends to local and country levels, ensuring a comprehensive evaluation of each geographical sector.
Phototherapy Device Market Segmentation
by Types
Conventional Phototherapy Market
LED Based Phototherapy Market
Fiber Optic Phototherapy Market
The phototherapy device market is divided into three categories based on technology: conventional phototherapy, LED-based phototherapy, and fibre optic phototherapy. Because phototherapy reduces hyperbilirubin in newborns and skin illnesses, the conventional photography sector is expected to have the highest CAGR of 3.94% during the forecasting period. This segment currently dominates the market. In 2021, this segment brought in 184.00 Mn in sales.The second-largest segment, LED-based phototherapy, is anticipated to expand at a CAGR of 6.0% during the projection period.
by Application
Skin Disease Treatment
Psoriasis
Vitiligo
Eczema
Neonatal Jaundice Management
by End-User
Hospital and Specialty Clinic
Home User
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Phototherapy Device Market Key Players
1. GE Healthcare
2. Atom Medical
3. Draeger
4. Herbert Waldmann
5. Natus Medical
6. Daavlin
7. Beurer
8. National Biological
9. David
10.Solarc Systems Inc.
11.UVBioTek
12.MTTS Asia
13.Nice Neotech
14.Signify Holding
15.Phoenix Medical Corporation
16.Strata Skin Sciences
17.National Biological Corporation
18.Hill-Rom
19.Medisana AG
20.Schulze & Böhm GmbH
Key questions answered in the Phototherapy Device Market are:
- What is Phototherapy Device?
- What was the Phototherapy Device market size in 2022?
- What are the different segments of the Phototherapy Device Market?
- What growth strategies are the players considering to increase their presence in Phototherapy Device?
- What are the upcoming industry applications and trends for the Phototherapy Device Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Phototherapy Device Market?
- What segments are covered in the Phototherapy Device Market?
- Who are the leading companies and what are their portfolios in Phototherapy Device Market?
- What segments are covered in the Phototherapy Device Market?
- Who are the key players in the Phototherapy Device market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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