Global Fiberoptic Phototherapy Equipment Market, By Product (Conventional Phototherapy Equipment, LED Phototherapy Equipment and Fiberoptic Phototherapy Equipment), Application (Skin Disease Treatment, Neonatal Jaundice Management), Modality (Full Body Phototherapy, Partial Body Phototherapy), End Use (Hospitals and Clinics, Homecare) and Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
The fiberoptic phototherapy equipment market is expected to witness market growth at a rate of 4.70% in the forecast period of 2021 to 2028 and is estimated to reach USD 161.35 million by 2028. Data Bridge Market Research report on fiberoptic phototherapy equipment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the innovations and developments in the technologies provided by several manufacturers is escalating the growth of fiberoptic phototherapy equipment market.
Fiberoptic phototherapy equipment can be referred to as medical devices that are designed to deliver phototherapy therapeutics. The devices are established with a light source containing of a quartz halogen bulb majorly, even though they are less efficient in the treatment in comparison to LED phototherapy.
Major factors that are expected to boost the growth of the fiberoptic phototherapy equipment market in the forecast period are the rise in the prevalence of neonatal jaundice. Furthermore, the increasing in the number of preterm and low-weight births is further anticipated to propel the growth of the fiberoptic phototherapy equipment market. Also, the growing incidence of skin diseases is further estimated to cushion the growth of the fiberoptic phototherapy equipment market. On the other hand, the rise in the utilization of alternate modes of treatment is further projected to impede the growth of the fiberoptic phototherapy equipment market in the timeline period.
In addition, the advancement of low-cost phototherapy equipment will further provide potential opportunities for the growth of the fiberoptic phototherapy equipment market in the coming years. However, the inadequate amount of acceptance of phototherapy equipment in the advancing countries might further challenge the growth of the fiberoptic phototherapy equipment market in the near future.
This fiberoptic phototherapy equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fiberoptic phototherapy equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Fiberoptic Phototherapy Equipment Market Scope and Market Size
The fiberoptic phototherapy equipment market is segmented on the basis of application, modality and end use. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of application, the fiberoptic phototherapy equipment market is segmented into skin disease treatment, neonatal jaundice management. Skin disease treatment is further sub segmented into psoriasis, vitiligo, eczema and others.
- On the basis of modality, the fiberoptic phototherapy equipment market is segmented into full body phototherapy, partial body phototherapy.
- On the basis of end use, the fiberoptic phototherapy equipment market is segmented into hospitals and clinics, homecare.
Fiberoptic Phototherapy Equipment Market Country-Level Analysis
The fiberoptic phototherapy equipment market is analyzed and market size insights and trends are provided by country, application, modality and end use as referenced above.
The countries covered in the fiberoptic phototherapy equipment market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the fiberoptic phototherapy equipment market due to the rise in the acceptance of cne related problems. Furthermore, increase of the technologically advanced skincare treatment devices will further boost the growth of the fiberoptic phototherapy equipment market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the fiberoptic phototherapy equipment market due to the rise in the understanding regarding advanced phototherapy. Moreover, the increase in the healthcare infrastructure is further anticipated to propel the growth of the fiberoptic phototherapy equipment market in the region in the coming years.
Fiberoptic phototherapy equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The fiberoptic phototherapy equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for fiberoptic phototherapy equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the fiberoptic phototherapy equipment market. The data is available for historic period 2010-2019.
Competitive Landscape and Fiberoptic Phototherapy Equipment Market Share Analysis
The fiberoptic phototherapy equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fiberoptic phototherapy equipment market.
The major players covered in the fiberoptic phototherapy equipment market report are Signify Holding., H. Waldmann GmbH & Co. KG, National Biological Corp., Solarc Systems Inc., The Daavlin Company, Neomedlight, Aeroflow, Inc., Drägerwerk AG & Co. KGaA, General Electric Company, nice Neotech Medical Systems Pvt. Ltd., Ibis Medical, Koninklijke Philips N.V., Natus Medical Incorporated, Phoenix Medical Systems (P) Ltd., Herbert Waldmann GmbH & Co. KG, Atom Medical Corpo., National Biological Corporation., Medela AG, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Hill-Rom Services Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.