Phototherapy Equipment Market report published by Value Market Research, which studies the future outlook of the market. It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2022-2028.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the phototherapy equipment market include GE Healthcare (U.S.), 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.), and Solarc Systems Inc. (Canada). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

Phototherapy devices improve patient comfort, resulting in the widespread use of phototherapy equipment in hospitals and clinics. The rising number of psoriasis cases is expected to boost the growth of the phototherapy equipment market soon. Also, the introduction of technologically advanced phototherapy equipment and the widespread use of LED-based phototherapy equipment is expected to boost the market growth. Moreover, introducing phototherapy equipment for home use will likely increase the demand among skin ailment patients. Also, the awareness among patients about the advanced treatment options, improved healthcare service and infrastructure is growing which is anticipated to boost the region’s phototherapy equipment market during the forecast period. However, the high cost of phototherapy equipment may hamper the market growth.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of phototherapy equipment. The growth and trends of phototherapy equipment industry provide a holistic approach to this study.

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Market Segmentation

This section of the phototherapy equipment market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Type

• Convectional Phototherapy Equipment (Fluorescent Lamp, Compact Fluorescent Lamp)
• Led Phototherapy Equipment
• Fiberoptic Phototherapy Equipment

By End User

• Hospitals & Clinics
• Home Users

By Application

• Skin Disease Treatment (Psoriasis, Vitiligo, Eczema, Other Skin Diseases)
• Neonatal Jaundice Management

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Phototherapy Equipment market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

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