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Phototherapy Equipment Market Booming Worldwide with Latest Trend and Future Scope by 2030

09-23-2024 10:34 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Phototherapy Equipment Market Booming Worldwide with Latest

Phototherapy equipment market is anticipated to grow at a CAGR of 5.2% during the forecast period (2023-2030) owing to increase in the prevalence of skin diseases, rise in incidence of neonatal jaundice, continuous technological advancements in the area of phototherapy, and adoption of LED-based phototherapy equipment. Phototherapy equipment is used for the treatment of various skin-related diseases such as mycosis fungoides, psoriasis, morphea, vitiligo, and others.

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The global phototherapy equipment market is segmented by product, application, and end-user. Based on the product, the market is sub-segmented into conventional phototherapy equipment, led phototherapy equipment, and fiber optic phototherapy equipment. Based on the application, the market is sub-segmented into skin disease treatment and neonatal jaundice management. Further, based on end-users, the market is sub-segmented into hospitals, clinics, and home care. Among the products, the LED phototherapy equipment sub-segment is anticipated to hold a considerable share of the market. LED-based phototherapy is used to treat skin diseases such as fine lines, psoriasis, and acne. The rise in the number of people suffering from such skin conditions is expected to boost the demand for LED-based phototherapy devices. Acne is the most common skin condition that people experience. An estimated 80% of people ages 11 to 30 will have at least a mild form of acne making it the eighth most prevalent disease worldwide.

full report of Phototherapy Equipment Market available @ https://www.omrglobal.com/industry-reports/phototherapy-equipment-market

Market Coverage
Market number available for - 2023-2029
Base year- 2022
Forecast period- 2023-2029
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Market Segmentation

Global Phototherapy Equipment Market by Product

Conventional Phototherapy Equipment
LED Phototherapy Equipment
Fiber Optic Phototherapy Equipment

Global Phototherapy Equipment Market by Application

Skin Disease Treatment
Mycosis fungoides
Psoriasis
Vitiligo
Others (Eczema, Morphea)
Neonatal Jaundice Management

Global Phototherapy Equipment Market by End-User

Hospitals & Clinics
Homecare

Company Profiles 

Aeroflow, Inc.
Alfamedic s. r. o.
Atom Medical Corporation
GE HealthCare
Herbert Waldmann GmbH & Co. KG
Hill-Rom Holdings, Inc.
Medela AG
National Biological Corporation
Natus Medical Inc.
Nice Neotech Medical Systems Pvt. Ltd.
Philips Lighting Holding B.V.
Phoenix Medical Systems
Signify Holding
Solarc Systems Inc.
SS TECHNOMED (P) LTD.
The Daavlin Company

The Report Covers

Market value data analysis of 2022 and forecast to 2030.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global phototherapy equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/phototherapy-equipment-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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