Global Phototherapy Equipment Market - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

Global Phototherapy Equipment Market: By Device Type (Fluorescent Lamps, Compact Fluorescent Lamps, Fiberoptic Phototherapy Equipment, LED Phototherapy Equipment, and Conventional Phototherapy Equipment), By Application (Neonatal Jaundice and Skin Diseases), By End User (Hospitals, Clinics, and Others), and Geography - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

Global phototherapy equipment market was valued at US$ XX Mn in 2017 and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2018 to 2024
Market Outline: Phototherapy Equipment Market
Phototherapy or light therapy involves exposing the skin to ultraviolet light on a regular basis and under medical supervision. The UV part of the radiation emitted by the sun that is used in phototherapy, especially the ultraviolet B (UVB) and ultraviolet A (UVA) wavelengths. Using phototherapy, exposure of specific wavelengths of light using polychromatic polarized light, fluorescent lamps, and lasers is used for the treatment.
Market Dynamics: Phototherapy Equipment Market
Increase in the prevalence of neonatal jaundice and growing number of the preterm birth are the key factors attributed for the growth of the phototherapy equipment market. According to the National Center for Biotechnology Information (NCBI), around 13 million babies are affected with jaundice all across the globe. The increasing incidence of the psoriasis is aiding the growth of the phototherapy equipment market. According to the International Federation of Psoriasis Associations (IFPA), around 150,000 new cases are reported in the U.S every year and 3% of people are affected by some form of psoriasis around the world. The treatment of these skin disorders requires phototherapy, which is expected to boost the growth of the market. However, the high cost of the equipment may hinder the growth of the phototherapy equipment market.

Free sample of this report is available upon request @
https://www.precisionbusinessinsights.com/market-reports/phototherapy-equipment-market/#ulp-4H8Z4LpNMLEuOnnx

Market Scope: Phototherapy Equipment Market
Phototherapy equipment market is segmented based on the device type, application, and distribution channel
Based on the device type, the market is segmented into the following:
• Fluorescent Lamps
• Compact Fluorescent Lamps
• Fiberoptic Phototherapy Equipment
• LED Phototherapy Equipment
• Conventional Phototherapy Equipment
Based on the application, the market is segmented into the following:
• Neonatal Jaundice
• Skin Diseases
o Psoriasis
o Eczema
o Other skin diseases
• Others
Based on the distribution channel, the market is segmented into the following:
• Hospitals
• Clinics
• Others

Free TOC of this report is available upon request @
https://www.precisionbusinessinsights.com/market-reports/phototherapy-equipment-market/#ulp-c654SbFYO64MsOhu

Regional Analysis: Phototherapy Equipment Market
Geographically, global phototherapy equipment market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America phototherapy equipment market to keep top spot in the global phototherapy equipment market. The rising awareness among the people regarding the modern treatment procedures for treating skin-related disorders is enhancing the growth of the phototherapy equipment market. For instance, according to the American Academy of Dermatology acne is the most common skin condition in the U.S., affecting around 50 million people in the country each year. Europe and Asia Pacific phototherapy equipment market is expected to grow exponentially over the forecast period.

Ask Analyst for Full Information about this report @
https://www.precisionbusinessinsights.com/market-reports/phototherapy-equipment-market/#ulp-14mlyhjMGhVjZqa3

Competition Assessment: Phototherapy Equipment Market
Some of the players in the global phototherapy equipment market include:
• Atom Medical Corporation (Japan)
• National Biological Corp. (U.S.)
• Solarc Systems Inc. (Canada)
• GE Healthcare (U.K.)
• Philips Lighting Holding B.V. (Netherlands
• Natus Medical Incorporated (U.S.)
• Phoenix Medical Systems Pvt. Ltd. (India)
• Herbert Waldmann GmbH & Co. KG (Germany)

Get access to full summary @
https://www.precisionbusinessinsights.com/market-reports/phototherapy-equipment-market/

About Precision Business Insights
Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.

Contact to Precision Business Insights,
Kemp House,
152 – 160 City Road,
London EC1V 2NX
Email: sales@precisionbusinessinsights.com
Toll Free (US):+1-866-598-1553
Website @https://www.precisionbusinessinsights.com

This release was published on openPR.