Global Phototherapy Market Growth (Status and Outlook) 2023-2029

Global Phototherapy Market Growth (Status and Outlook) 2023-2029

Phototherapy is a type of medical treatment that involves exposure to fluorescent light bulbs or other sources of light

LPI (LP Information)' newest research report, the “Phototherapy Industry Forecast” looks at past sales and reviews total world Phototherapy sales in 2022, providing a comprehensive analysis by region and market sector of projected Phototherapy sales for 2023 through 2029. With Phototherapy sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Phototherapy industry.

This Insight Report provides a comprehensive analysis of the global Phototherapy landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Phototherapy portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Phototherapy market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Phototherapy and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Phototherapy.

The global Phototherapy market size is projected to grow from US$ 386.9 million in 2022 to US$ 521.5 million in 2029; it is expected to grow at a CAGR of 4.4% from 2023 to 2029.

The leading companies of this equipment are GE Healthcare, Atom Medical, Draeger, Herbert Waldmann and Natus Medical. Occupies about 1/3 of the entire market share.

LED phototherapy equipment occupies a major market share, about 60%.

This report presents a comprehensive overview, market shares, and growth opportunities of Phototherapy market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
UV Light Phototherapy
Intense Pulsed Light Phototherapy
Blue Light Phototherapy
Red Light Phototherapy
Others

Segmentation by application
Hospitals & Clinics
Dermatology Center
Homecare

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Natus Medical
GE Healthcare
Herbert Waldmann
Draeger
Philips Lighting
National Biological
MTTS Asia
PhotoMedex
VIA Global Health
Beurer
Daavlin
Nice Neotech
Guangzhou Beautylife Electronic Technology

Please note: The report will take approximately 2 business days to prepare and deliver.