The Phototherapy Equipment Market Research Report Forecast 2018-2026 is an important source of insightful data for market strategists. It presents the Phototherapy Equipment industry overview with growth analysis and past & futuristic cost, income, demand and supply data (as relevant). The research analysts present a detailed representation of the value chain and its distributor analysis. This Phototherapy Equipment market study gives complete data which improves the understanding.
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Market Insight:
Phototherapy is commonly used to treat skin conditions such as psoriasis, atopic eczema, vitiligo and neonatal jaundice. Phototherapy uses ultraviolet rays such as mid wave light energy i.e. UVB or long wave light i.e. UVA. UVB is available in market as narrowbrand or broadband. Ultraviolet phototherapy is used to slow abnormal skin growth mainly associated with psoriasis. Narrow band UVB and PUVA are used for process of repigmenting in vitiligo. Incidence of jaundice is commonly observed in neonatals, according to Scholars Journal of Applied Medical Sciences (SJAMS), around 25%-50% neonates suffer from jaundice. Thus the rising incidence of jaundice in newborns, increase in prevalence of skin disorders are the major factors contributing to the growth of phototherapy market.
The global phototherapy equipment market is segmented by device type into led-based phototherapy equipment, conventional phototherapy equipment and fiberoptic phototherapy equipment. Conventional phototherapy equipment is further segmented into phototherapy equipment with compact fluorescent lamps and phototherapy equipment with fluorescent lamps.
Conventional phototherapy currently dominates the global phototherapy equipment market, since it is commonly used for skin disease treatment. The global phototherapy equipment market is segmented by application type into skin disease treatment, neonatal jaundice and others. Skin disease occupies a large share of the phototherapy application market. This segment is further segmented into psoriasis, eczema/atopic dermatitis, vitiligo and skin diseases.
As of the current market scenario, North America dominated the global phototherapy equipment market followed by Europe. U.S. forms the largest part of North American phototherapy market. Increasing acne skin problem among US teens, neonatal jaundice are some of the factors for growth of phototherapy market. High adoption rate of novel technology and awareness about advanced skin care treatment further fuels the growth of phototherapy market in Europe. Asia Pacific is the fastest growing phototherapy equipment market in forecast period. It would be the most lucrative market for low cost of phototherapy and rising prevalence of skin diseases.
Market Competition Assessment:
Key players in the global phototherapy equipment market are Atom Medical Corporation, Arjo huntlleigh, Inc., Herbert Waldmann GmbH & Co. Kg, Honle UV America, Inc., GE Healthcare, Inc., National Biological Corporation, Natus Medical Incorporated, Nice Neotech Medical Systems Pvt. Ltd., Philips Lighting Holding B.V., Phoenix Medical Systems Pvt. Ltd., Solarc Systems, Inc., The Daavlin Company, Inc. and others.
Scope
Analysis of trends in the global Phototherapy Equipment industry and interest for Phototherapy Equipment in various regions, including Asia-Pacific, Europe, and North America
Market size and value of Phototherapy Equipment used for commercial Phototherapy Equipment from 2011 to 2017 and forecast for eight years up until 2026
The qualitative study of drivers and limitations of Phototherapy Equipment market
Information on major market players such as BASF, Clariant, Cytec, SNF FloMin, Beijing Hengju chemical Group Corporation and Kemira among others.
Reasons to Buy
Gain up to date report and axnalysis about the global Phototherapy Equipment market
Recognize key regions and countries that describe potential growth possibilities for the Phototherapy Equipment market
Facilitate decision making by understanding the opportunities presented by the Phototherapy Equipment market
Gain information about major players in the Phototherapy Equipment market
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Research methodology and delivery time
Credence Research has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications have been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
The report is available as the single-site single-user license. The delivery time for the electronic version of the report is 3 business days as each copy undergoes thorough quality check and is updated with the most recent information available.
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