Worldwide Demand For Led-Based Phototherapy Devices Is Set To Increase At A CAGR Of 6% During 2021 To 2031| Fact.MR Forecasts

Phototherapy Devices Market by Product (LED-based Phototherapy Devices, Conventional Phototherapy Devices, Fiber Optic Phototherapy Devices), by Light (White Light, Red Light, Blue Light Phototherapy Devices), by Application & Regional Forecast to 2031

The global phototherapy devices market reached a valuation of around US$ 750 Mn in 2020, which amounts to around 0.2% share of the overall medical devices market. Sales of phototherapy devices are slated to surge at a CAGR of 7% to top US$ 1.5 Bn by 2031. Demand for LED-based phototherapy devices is set to increase at a CAGR of 6% across the assessment period of 2021 to 2031.

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Prominent Key players of the Phototherapy Device market survey report:

• Medela AG
• General Electric Company
• Natus Medical Incorporated
• Hill-Rom
• Solarc Systems Inc.
• The Daavlin Company
• Medisana AG
• Guangzhou Beautylife Electronic Technology Co. Ltd
• Herbert Waldmann GmbH & Co. KG
• Philips Lighting Holding B.V.
• National Biological Corp.

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Key Segments Covered in Phototherapy Devices Industry Research

• Product Type
  • LED-based Phototherapy Devices
  • Conventional Phototherapy Devices
  • Fiber Optic Phototherapy Devices
  • Others
    • Full-body Phototherapy Devices
    • Partial-body Phototherapy Devices
    • Mobile Infant Phototherapy Devices
    • Fixed Infant Phototherapy Devices
    • Conventional Phototherapy Devices with Compact Fluorescent Lamp
    • Conventional Phototherapy Devices with Fluorescent Lamp
• Light Type
  • White Light Phototherapy Devices
  • Red Light Phototherapy Devices
  • Blue Light Phototherapy Devices
  • Others
• Application
  • Use of Phototherapy Devices for Skin Disease Treatment
  • Use of Phototherapy Devices for Psoriasis
  • Use of Phototherapy Devices for Vitiligo
  • Use of Phototherapy Devices for Eczema
  • Use of Phototherapy Devices for Neonatal Jaundice Management
  • Use of Phototherapy Device for Scleroderma
  • Use of Phototherapy Device for Seasonal Affective Disorder (SAD)
  • Use of Phototherapy Device for Skin Cancer
  • Use of Phototherapy Device for Sterilization
• End User
  • Use of Phototherapy Devices in Hospitals
  • Use of Phototherapy Devices for Home Care Settings
  • Use of Phototherapy Devices for Dermatology Clinics

The insights for each vendor consists of:

• Company profile
• SWOT analysis
• Main market information
• Market share
• Revenue, pricing and gross margin

What insights does the Phototherapy Device Market report provide to the readers?

• Phototherapy Device fragmentation on the basis of product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
• Collaborations, R&D projects, acquisitions, and product launches of each Phototherapy Device player.
• Various regulations imposed by the governments on the consumption of Phototherapy Device in detail.
• Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Phototherapy Device.

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The report covers following Phototherapy Device Market insights and assessment that are helpful for all participants involved in the Phototherapy Device market:

• Data on recently introduced regulations and their impact on key industries and on demand in Phototherapy Device
• Latest industry Analysis on Phototherapy Device Market, with key analysis of market drivers, trends, and influencing factors
• Key trends Analysis of Phototherapy Device Market and changing consumer preferences in major industries.
• Changing Phototherapy Device demand and consumption of diverse products
• Major trends underlining funding by key investors in numerous countries
• New investment opportunities in diverse technology and product or service types
• Comprehensive data and Competitive analysis of Phototherapy Device major players
• Phototherapy Device Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
• Phototherapy Device demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth

Questionnaire answered in the Phototherapy Device Market report include:

• How the market for Phototherapy Device has grown?
• What is the present and future outlook of the global Phototherapy Device on the basis of region?
• What are the challenges and opportunities for the Phototherapy Device?
• Why the consumption of Phototherapy Device highest in region?
• In which year segment is expected to overtake segment?

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