Press release
Phototherapy Equipment Market is expected to hit US$ 746.52 million by 2033 | Major Companies - GE Healthcare, Philips, Phoenix Medical Systems., Atom Medical Corp.
Market Size and Growth:The Global Phototherapy Equipment Market size reached US$ 521.21 million in 2024 and is expected to reach US$ 746.52 million by 2033, growing at a CAGR of 4.8 % during the forecast period 2025-2033.
The Phototherapy Equipment Market refers to the global industry focused on devices that use specific wavelengths of light to treat medical conditions such as neonatal jaundice, psoriasis, eczema, vitiligo, and other skin disorders. These systems include LED-based units, fluorescent lamps, and laser devices used in hospitals, clinics, and homecare settings. The market encompasses manufacturing, distribution, and innovation of light-based therapeutic technologies, driven by rising dermatological cases, advancements in light therapy, and increasing demand for non-invasive, drug-free treatment options worldwide continually evolving.
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Recent Key Developments of United States:
✅ March 2026: Regulatory tightening on safety standards for blue‐light neonatal units was announced by U.S. authorities, pushing leading suppliers to accelerate upgrades in spectral control, eye‐protection features, and dosimetry logging to reduce over‐exposure risks.
✅ February 2026: U.S. manufacturers introduced new portable LED phototherapy units targeting home‐use and outpatient clinics, emphasizing compact design, lower heat output, and adjustable irradiance for both adult dermatology and pediatric jaundice applications.
✅ January 2026: Several U.S. hospital networks rolled out IoT‐enabled neonatal phototherapy systems that integrate with electronic health records, enabling remote dose tracking and automated treatment‐time alerts, especially in Level‐III NICUs.
✅ January 2026: Major U.S. health insurers expanded coverage for at‐home phototherapy devices for psoriasis and dermatitis, aligning reimbursement policies with recent clinical‐trial data showing home‐based treatment efficacy comparable with in‐clinic sessions.
Recent Key Developments of Japan:
✅ February 2026: New multi‐hospital clinical‐device partnerships in Japan were formed to validate and scale AI‐assisted phototherapy planning systems, which use skin‐type profiling and prior‐response data to optimize dose and exposure schedules.
✅ February 2026: A domestic medical‐device maker launched a compact, home‐use excimer‐type UVB device for psoriasis and vitiligo, supported by tele‐monitoring features that allow dermatologists to remotely adjust treatment parameters and monitor adherence.
✅ January 2026: Japanese hospitals increasingly standardized LED‐based phototherapy for neonatal jaundice and dermatology, phasing out older fluorescent systems due to better light uniformity, lower energy consumption, and reduced maintenance costs.
List of the Key Players in the Phototherapy Equipment Market:
GE Healthcare
Philips
Natus Medical Incorporated
Phoenix Medical Systems.
Atom Medical Corp.
Nice Neotech Medical Systems Pvt. Ltd.
NatBio.
Solarc Systems Inc.
The Daavlin Company
MTTS.
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This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
Segments Covered in the Phototherapy Equipment Market:
By Product Type: Conventional Phototherapy Equipment, LED Phototherapy Equipment, Fiberoptic Phototherapy Equipment, Germicidal Lamps, Accessories.
By Radiation Type: UVA (Ultraviolet A), UVB (Ultraviolet B), UVC (Ultraviolet C).
By Application: Skin Disease Treatment, Neonatal Jaundice Management.
By End-User: Hospitals & Specialty Clinics, Dermatology Centers, Others.
Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Chapter Outline
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Phototherapy Equipment market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Phototherapy Equipment Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The Global Phototherapy Equipment market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Phototherapy Equipment Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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People Also Ask:
◆ How big is the Phototherapy Equipment Market in 2025?
◆ What is the projected growth rate of the Phototherapy Equipment Market through 2033?
◆ Who are the key players in the Phototherapy Equipment Market?
◆ Which region is expected to dominate the industry during the forecast period?
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