Phototherapy Equipment Market by Product (Conventional Phototherapy Equipment, Fiber Optic Phototherapy Equipment, LED Phototherapy Equipment), Radiation (Ultraviolet A (UVA), Ultraviolet B (UVB), Ultraviolet C (UVC)), Application, End-User - Global Forec

Phototherapy Equipment Market by Product (Conventional Phototherapy Equipment, Fiber Optic Phototherapy Equipment, LED Phototherapy Equipment), Radiation (Ultraviolet A (UVA), Ultraviolet B (UVB), Ultraviolet C (UVC)), Application, End-User - Global Forecast 2024-2030

The Phototherapy Equipment Market size was estimated at USD 580.04 million in 2023 and expected to reach USD 611.53 million in 2024, at a CAGR 5.63% to reach USD 851.23 million by 2030.

Phototherapy equipment is a medical device designed to treat various conditions through applying light. These phototherapy devices emit specific wavelengths of light to target and treat skin disorders, neonatal jaundice, and certain types of depression, among other health issues. The equipment encompasses various forms such as lamps, light-emitting diodes (LEDs), lasers, and light boxes tailored to deliver ultraviolet (UV), blue light, or other specific spectrums, depending on the treatment requirements. Phototherapy is a non-invasive therapy method favored for its efficacy, safety, and minimal side effects, playing a crucial role in both clinical and home care settings. Escalating the incidence of neonatal jaundice and skin disorders coupled with a growing preference for home phototherapy care increases market adoption. However, adverse recalls of phototherapy units and devices with technical limitations and phototherapy equipment may hinder the market growth. Nevertheless, ongoing advancements in the design and performance of phototherapy equipment, coupled with increasing establishments and expansion of dermatology and phototherapy centers worldwide, are expected to create remunerative opportunities for phototherapy equipment market growth.

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