openPR Logo
Press release

Infant Phototherapy Devices Market Is Expected To Increase In The Near Future, Owing To Rise in Prevalence of Neonatal Jaundice, Especially In The Developing Regions

02-25-2019 09:29 AM CET | Health & Medicine

Press release from: Allied Market Research

Infant Phototherapy Devices Market

Infant Phototherapy Devices Market

The market for infant phototherapy devices is estimated at $ 71,730,000 in 2016 and is expected to reach $ 103,745,000 in 2023, an annual average growth rate of 5.3% from 2017 to 2023.

Phototherapy is to use light to treat newborn jaundice. During this process, the baby's body is exposed to light for a period of time under controlled conditions. This light is absorbed into the skin of newborn babies and breaks down complex bilirubin into simple, water soluble compounds. It may be released into the body by urine or feces.

Increased jaundice in infants, increased effectiveness of phototherapy over other therapies, and technological advances in the field of ultraviolet light are leading market growth. However, side effects of phototherapy are expected to curb market growth. In addition, the enormous market potential of developing countries is expected to provide some opportunities for market growth during the forecast period.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/4491?utm_source=sy-Openpr

Key players profiled in this report include
• Atom Medical Corporation
• AVI Healthcare Pvt. Ltd.
• D-Rev
• General Electric Company
• Ibis Medical Equipment & Systems Pvt. Ltd.
• Natus Medical Incorporated
• Ningbo David Medical Device Co. LTD
• Novos Medical Devices San. Tic. Imp. and Ihr. Ltd. Sti.
• Weyer GmbH
• Zhengzhou Dison Instrument
• Meter Co. Ltd.

Based on light source, LED garnered more than four-fifths of the market share in 2016, and is expected to maintain its dominant position during the analysis period, as it has proved to be the most effective light in the breakdown of bilirubin into simpler forms.

Based on configuration, the mobile device segment held the major share (more than four-fifths) in 2016, and is expected this trend throughout the forecast period.

Make an Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/4491?utm_source=sy-Openpr

Key Findings of the Infant Phototherapy Devices Market:
• The LED segment is expected to grow with a CAGR of 5.5% from 2017 to 2023.
• Mobile device is expected to grow at the highest CAGR of 5.4%.
• The hospitals segment held a major share (two-thirds) in the global market in 2016, and is expected to retain it throughout the forecast period.
• Asia-Pacific is expected to register the highest growth, growing at a CAGR of 6.7% during the forecast period.

North America accounted for one-third share of the global market in 2016, and is expected to remain dominant throughout the forecast period. This is attributed to high adoption rate of technologically advanced devices, and presence of highly sophisticated healthcare infrastructure in the region.

Access Full Summery @ https://www.alliedmarketresearch.com/infant-phototherapy-device-market?utm_source=sy-Openpr

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Contact:

David Correa

5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States

Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975

help@alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Infant Phototherapy Devices Market Is Expected To Increase In The Near Future, Owing To Rise in Prevalence of Neonatal Jaundice, Especially In The Developing Regions here

News-ID: 1613170 • Views: 226

More Releases from Allied Market Research

Proximity and Displacement Sensors Market - 2020: COVID-19 Scenario, Growth Oppo …
The report titled, “Proximity and Displacement Sensors Market By Type (Inductive, Photoelectric, Capacitive, Ultrasonic, Magnetic & LVDT sensors) and Application (Parking Sensor Systems, Ground Proximity Warning System, Anti-aircraft warfare, Assembly line automation, Vibration monitoring system, Roller coasters, Conveyor systems) - Global Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that proximity and displacement sensors market is expected to grow sustainably by 2027. The report offers an
Asia-Pacific ATM Market - 2020: COVID-19 Impact, Growth Opportunities and Busine …
The report titled, “Asia-Pacific ATM Market By Solutions (ON site ATMs, Off site ATMs, Work site ATMs, Mobile ATMs, Managed services) and by Type (Conventional ATM, Brown label ATM, White label ATM, Smart ATM, Cash dispenser) - Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that Asia-Pacific ATM market is expected to grow sustainably by 2027. The report offers an extensive market analysis focusing on key
Travel Insurance Market - 2020: COVID-19 Scenario, Market Share, Growth Opportun …
The report titled, “Travel Insurance Market By Insurance Cover (SingleTrip Travel Insurance, Annual Multi-Trip Travel Insurance, and Long-Stay Travel Insurance), Distribution Channel (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, and Insurance Aggregators), and End User (Senior Citizens, Education Travelers, Business Travelers, Family Travelers, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that travel insurance market is expected to grow sustainably by 2027. The
Crystal Oscillator Market – 2020: COVID-19 Impact, Market Share, Growth Opport …
The report titled, “Crystal Oscillator Market By Technology (AT Cut, BT Cut, and SC Cut), Type (Voltage-Controlled Crystal Oscillator, Temperature-Compensated Crystal Oscillator, Oven-Controlled Crystal Oscillator, and Others), Mounting Scheme (Surface Mount and Thru-Hole), and Industry Vertical (Electronics, IT & Telecommunication, Military & Defense, Automotive & Transport, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that crystal oscillator market is expected to grow

All 5 Releases


More Releases for Device

Walking Assist Device
The Walking Assist Device Market 2018 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Walking Assist Devicese industry. First, " Walking Assist Devicese Industry 2018" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Walking Assist Devicese industry chain structure. Walking Assist Device Market Top Players Honda Motor Co., Ltd., Permobil
Molded Interconnect Device Market
Molded Interconnect Device Market-Global Industry Analysis and Forecast (2018-2026) by Process, Product Type, End-user application and geography Molded Interconnect Device Market was valued US$ 300 Mn in 2017 and is expected to reach US$ 890.5 Mn by 2026 at a CAGR of 14.57% during forecast period. Molded Interconnect Device market is segmented by process, product, end-user application and region. Increasing demand in electrical and mechanical application, rising use of Molded Interconnect Device
Medical Device Technologies Market - The Evolution of Medical Device Technologie …
The global medical device technologies market is anticipated to be boosted by various well-known players in the market. Some of these players that are dealing with the manufacturing of in vitro diagnostic devices hold a significant share in the global market. Whereas, the small market players are emerging from several developing nations, looking to set their foot in the market. Such measures are foreseen to change the market scenario in
Timing Device Market
Asia Pacific traffic sensor market is expected to hold the majority share due to the adoption of technologically-advanced systems. Growing urban population and the increasing need for real-time information systems in the region will propel the traffic sensor market growth. Growing urban population in countries including India, China, Japan, and South Korea is increasing the strain on the traffic management solutions. This is encouraging the governments to invest increasingly in
Neurorehabilitation Devices - MIME Robotic Device
Bioness Inc., Bionik Laboratories Corp., Bioxtreme, Denecor, Ectron Ltd., Ekso Bionics, Helius Medical Technologies, Hocoma AG, MagVenture A/S, Medtronic, Neuro Style, Rehab-Robotics Company Limited, Rehabtronics Inc, St Jude Medical Inc., Tyromotion are some of the prominent players at the forefront of competition in the global Neurorehabilitation Devices Market and are profiled in MRFR Analysis. Global Neurorehabilitation Devices Market - Overview The neurorehabilitation devices market is growing with the rapid pace. According
Global Medical Device Connectivity Market
Global Medical Device Connectivity Market, By Type (Integration Software, Connectivity Hardware (Wired, Wireless (Wi-Fi, WMTS, Bluetooth), By Applications (Electronic Medical Record, Patient Monitoring, Others), By End-User (Hospitals, Community Healthcare, Clinics, Others), By Geography (North America, Europe, Asia Pacific, South America, Middle East & Africa) – Industry Trends and Forecast to 2024 The Global Medical Device Connectivity Market has accounted for USD 5.7 billion in 2016 and is expected to reach