Shining a Light on Shadows: Recession's Impact on the 2023 Phototherapy Equipment Market

Allied Market Research added new research on Phototherapy Equipment Market - Opportunity Analysis and Industry Forecast,2023-2032.

The "Phototherapy Equipment Market " explores comprehensive study on various segments like size, share, development, innovation, sales and overall growth of major players. The research is based on primary and secondary data sources and it consists of both qualitative and quantitative detailing.

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Which market perspectives are enlightened in the Phototherapy Equipment Market report?

Phototherapy is the most common treatment for reducing high bilirubin levels that cause jaundice in a newborn and also a treatment for various skin diseases. Phototherapy equipment is used for the treatment of various skin-related diseases such as psoriasis, vitiligo, and others.

The growth of the phototherapy equipment market is driven by factors such as increase in prevalence of skin diseases, rise in incidence of neonatal jaundice across geographies, continuous technological advancements in the area of phototherapy, and surge adoption of LED-based phototherapy equipment. However, the growth of the market is limited by the availability and high adoption of alternative treatment modes and stringent regulatory framework for the approval of the new phototherapy equipment.

The report segments the phototherapy equipment market on the basis of type, end user, application, and geography. Based on the type, the market is segmented into conventional phototherapy equipment, LED phototherapy equipment, and fiberoptic phototherapy equipment. The conventional phototherapy equipment segment is categorized into conventional phototherapy equipment with fluorescent lamp and conventional phototherapy equipment with compact fluorescent lamp. The conventional phototherapy equipment with fluorescent lamp is further categorized into full body phototherapy equipment and partial body phototherapy equipment. Based on the end user, the market is categorized into hospitals & clinics and home users. By application, it is classified into skin disease treatment and neonatal jaundice management. The skin disease treatment is subsegmented into psoriasis, vitiligo, eczema, and others. Geographical breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Key Takeaways:

Executive Summary: It covers a summary of the most vital studies, the Worldwide market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: This covers major players, vital market segments, the scope of the products offered in the Methadone market, the years measured and the study points.

Competitive Analysis: In this segment each player is screened based on a products, services, value, SWOT analysis, growth and other significant features.

Geographic Analysis: This Phototherapy Equipment Market report analyses data on the basis of production, sales, imports & exports, and key players in all regional markets.

Phototherapy Equipment Market Segments:

By Type:

Conventional Phototherapy Equipment

Conventional Phototherapy Equipment with Fluorescent Lamp

Full Body Phototherapy Equipment

Partial Body Phototherapy Equipment

Conventional Phototherapy Equipment with Compact Fluorescent Lamp

LED Phototherapy Equipment

Fiberoptic Phototherapy Equipment


By Application:

Skin Disease Treatment

Psoriasis

Vitiligo

Eczema

Others

Neonatal Jaundice Management

By End User:

Hospitals and Clinics

Home Users


By Region:

North America (U.S., Canada, Mexico)

Europe (France, Germany, Italy, Spain, UK, Rest of Europe)

Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)

LAMEA (Brazil, South Africa, Saudi Arabia, Rest of LAMEA)


Competitive Landscape:

Philips Lighting Holding B.V.

Atom Medical Corporation

Natus Medical Incorporated

Phoenix Medical Systems Pvt. Ltd.

Solarc Systems Inc.

Signify Holding

Herbert Waldmann GmbH & Co. KG

National Biological Corp.

nice Neotech Medical Systems Pvt. Ltd.

GE Healthcare

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KEY BENEFITS FOR STAKEHOLDERS:

This report provides an extensive analysis of the current and emerging market trends and dynamics in the global phototherapy equipment market.

In-depth analysis has been done in this report by constructing market estimations for the key market segments .

This study evaluating the competitive landscape and value chain has been taken into account to understand the competitive environment across the geographies.

This report entails the detailed quantitative analysis of the current trends and future estimations, which assists to identify the prevailing market opportunities.

Comprehensive analysis of factors that drive and restrict the growth of the global phototherapy equipment market is provided.

Exhaustive analysis of the global phototherapy equipment market by product helps to understand the types of phototherapy equipment commercially available for the treatment of various skin diseases.

An in-depth analysis of current research and clinical developments within is provided with key market dynamic factors that help to understand the behavior of the market

Key market players are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the market.

Key Points Covered by the Report -

What are the fundamental skills, core competencies, and key players in the industry we are examining?

What are the opportunities for marketing strategies that are developing at a usual rate?

What are the main competitive factors influencing the industry?

What marketing tactics are suitable for a particular service or product?

What geographical areas are covered by the market report?

What share of this market would each of the following regions hold during the forecast period: Asia-Pacific, Europe, North America, and LAMEA?

How has COVID-19 impacted the class market?

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