openPR Logo
Press release

Phototherapy Equipment Market-Global Industry Insights, Trends, Outlook

03-07-2018 01:21 PM CET | Health & Medicine

Press release from: Medical Device By CMI

Phototherapy Equipment Market-Global Industry Insights,

Phototherapy, also known as light therapy, involves exposing the skin to ultraviolet light under medical supervision. Narrow-band UVB (NBUVB), Ultraviolet A (UVA)/NBUVB (in combination), and PUVA (psoralen + UVA) are the common types of phototherapy used. The choice of the type of phototherapy is dependent on the type of skin condition. However, narrow-band UVB is most widely opted due to its versatility and effectiveness for treating psoriasis, eczema, and mycosis fungoides patients across the world. Furthermore, narrow-band UVB removes redundant and harmful UV rays by emitting wavelengths of 311-312 nm. Phototherapy equipment includes LED phototherapy equipment, fiber-optic phototherapy equipment, and conventional phototherapy equipment.

Rising prevalence of psoriasis is expected to accelerate growth of the phototherapy equipment market

Rising number of psoriasis cases are expected to boost growth of the phototherapy equipment market in the near future. For instance, 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 with some form of psoriasis around the world. Furthermore, increasing number of other skin diseases is increasing the demand for LED-based phototherapy equipment such as high intensity gallium nitric blue light emitting diode, which is very effective in lowering bilirubin by providing much higher irradiance for intensive phototherapy in the treatment of neonatal jaundice. According to the National Center for Biotechnology Information (NCBI), around 13 million babies are afflicted with jaundice globally, each year. This in turn is expected to boost growth of the phototherapy equipment market. However, high cost of the equipment is hindering growth of the market.

Request For Sample Copy@
https://www.coherentmarketinsights.com/insight/request-sample/1177

Market Taxonomy:

The global phototherapy equipment market is segmented into devices, application, end user, and geography

On the basis of devices, the global phototherapy equipment market is segmented into:

LED Phototherapy Equipment
Conventional Phototherapy Equipment
Fluorescent Lamps
Compact Fluorescent Lamps
Fiberoptic Phototherapy Equipment
On the basis of application, the global phototherapy equipment market is segmented into:

Psoriasis
Eczema / Atopic Dermatitis
Vitiligo
Others
On the basis of end user, the global phototherapy equipment market is segmented into:

Hospitals
Clinics
On the basis of region, the global phototherapy equipment market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold a dominant position in the global market, owing to the rising demand for blue light therapy technology for the treatment of acne. 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. Furthermore, Asia Pacific is expected to be the key region in the global phototherapy equipment market, owing to the launch of an innovative phototherapy device known as Brilliance, which is a blue light used in the treatment of severely jaundiced babies.

Innovative product launches are expected to propel growth of the phototherapy equipment market

Major players in the global phototherapy equipment market include Atom Medical Corporation, Natus Medical Incorporated, Daavlin, Phoenix Medical Systems Pvt. Ltd, Philips Lighting Holding B.V., Solarc Systems, Inc., and GE Healthcare, Inc. The key players are focusing on strategic mergers and acquisitions and development of innovative products. For instance, Philips received FDA clearance for a new phototherapy device known as BlueControl 2.0 in July 2017, to treat psoriasis. Bluecontrol 2.0 is an innovative wearable medical device that involves UV-free blue LED light to control symptoms of psoriasis, and had exhibited 84% improvement in plaque symptoms during its clinical trials conducted in 2015.

Get More Details On this Report:
https://www.coherentmarketinsights.com/ongoing-insight/phototherapy-equipment-market-1177

“Catch us at 3rd International Conference on Separation + Drying Technologies for Milk & Whey at Cologne, March 19 and 20, 2018”

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:
Mr.Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email:sales@coherentmarketinsights.com
Visit our news Website: http://www.coherentchronicle.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 Phototherapy Equipment Market-Global Industry Insights, Trends, Outlook here

News-ID: 968386 • Views:

More Releases from Medical Device By CMI

Custom Procedure Trays and Packs Market – Insights
Custom Procedure Trays and Packs Market – Insights
Increasing number of surgical procedures is fuelling the adoption of custom procedure trays and packs (CPTP) market during the forecast period. For instance, according to the WHO, global volume of the surgeries performed in 2012 was estimated to 266.2 to 359.5 million, out of which one in every 20 operations globally was done in very-low-expenditure Member States. Increase in geriatric population, who are more likely to develop chronic wounds as they
Robotic Rehabilitation and Assistive Technologies Market, By Product Type
Robotic Rehabilitation and Assistive Technologies Market, By Product Type
Rehabilitation robotics and assistive technologies allow for use of robotic devices for rehabilitation of patients suffering from mobility issues. Robotic rehabilitation and assistive technologies allow for application of robotics in therapeutic procedures to help with recovery a person from various diseases or disabilities such orthopedic traumas, neuromotor disorders, cognitive diseases, strokes and spinal cord injury. Assistive robotics allows people suffering from degenerative motor and/or cognitive abilities to lead an independent
Spectrophotometer Market : Moving Towards a Brighter Future
Spectrophotometer Market : Moving Towards a Brighter Future
North America is expected to hold dominant position in the market and is also expected to show significant growth in the spectrometer market, due to increasing launch of novel products in the region by key players. For instance, in February 2018, Thermo Fisher Scientific, a U.S.-based company, launched TSQ 9000 Triple Quadrupole GC-MS/MS System. This system has been designed to increase productivity, with enhanced sensitivity, and it also reduces maintenance
Clinical Mass Spectrometry: Innovative Solution for Diverse Medical Applications
Clinical Mass Spectrometry: Innovative Solution for Diverse Medical Applications
Clinical Mass Spectrometry: Innovative Solution for Diverse Medical Applications Clinical mass spectrometry serves as a quantitative and qualitative analytical tool for assessment of complex mixtures in all the phases of drug development, including identification of the lead compound and their conformational details. Clinical laboratories use automation for the management of large number of samples through, either total automation systems or high level analyzer automation that are offered by clinical mass spectrometers

All 5 Releases


More Releases for Phototherapy

Neonatal Phototherapy Devices Market 2021 | Detailed Report
Neonatal Phototherapy Devices Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027. Get Free Sample PDF (including full TOC, Tables and Figures) of Neonatal Phototherapy Devices Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4797698 The report provides a comprehensive analysis of company profiles listed below: - GE Healthcare - Atom Medical -
What's Driving Phototherapy Equipment Market Trends? Key Company Profiled In Aer …
Increasing utility for treating skin disorders such as psoriasis, acne, neonatal jaundice, and eczema, the market of phototherapy equipment is anticipated to display numerous opportunities of growth for market players during the forecast period. Cost Reduction of Products in the Phototherapy Equipment Market to Propel Growth  The rapid rise of neonatal jaundice and other skin diseases owing to unhealthy global environment conditions, technological improvements, and increased preference for the use of LED
Neonatal Phototherapy Devices Market Report 2018: Segmentation by Product (Tradi …
Global Neonatal Phototherapy Devices market research report provides company profile for Medela AG, D-Rev, Phoenix Medical Systems Pvt Ltd, Zhengzhou Dison Instrument And Meter Co., Ltd, Fanem Ltda., Natus Medical Incorporated, General Electric Company, Ibis Medical Equipment and System Pvt. Ltd, Atom Medical Corporation and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018
Global Phototherapy Treatment Market Research Report 2017
Market Research Hub (MRH) has recently publicized a new study to its vast repository, which is titled as “Global Phototherapy Treatment Market Research Report 2017”. Request For Sample Report@ http://www.marketresearchhub.com/enquiry.php?type=S&repid=1220138 In this report, the global Phototherapy Treatment market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is
Phototherapy Equipment Market: Market and Growth Analysis
Global Phototherapy Equipment Market: Overview The report on the phototherapy equipment market analyzes the current and future scenario of the global market. Increase in prevalence of neonatal jaundice and skin diseases such as psoriasis, eczema, vitiligo and other diseases, advent of new technology for development of low cost equipment, and increase in preference for noninvasive treatment by patients and physicians, are the major drivers of the global phototherapy equipment market. The
Infant Phototherapy Lamp Market:Global Industry Analysis 2024
Jaundice is one of the common conditions in full term and premature babies and appears usually in the first week of birth. Jaundice is caused due to the increased levels of bilirubin in the blood, where processing of the compound is slow as the infant’s liver is immature in the first week of birth. Jaundice in infants can be classified into physiological jaundice, breast-feeding jaundice, breast milk jaundice, and jaundice