Market Synopsis of Phototherapy Market:
The globally market for phototherapy is one of the steady growing markets. The factors that influence the growth of the phototherapy market is the increasing growing population with almost 60 to 80 % infants suffering from jaundice and various others skin disease. Globally the market for phototherapy is expected to grow from 2016 to 2022.
Phototherapy market has been segmented
- On the basis of devices which comprises of firefly, fiber-optic blanket, fiber-optic band and others.
- On the basis of indication, market is segmented into jaundice, skin disease and others.
- On the basis of end user the market is segmented into hospitals, clinics, home care and others.
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Study objectives of the Market:
- To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the phototherapy market
- To provide insights about factors affecting the market growth
- To analyze the market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to the main geography and various regions globally.
- To provide regional level analysis of the market with respect to the current market size and future prospective
- To provide regional level analysis of the market for segments by devices, by indication, by end users and its sub-segments.
- To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global phototherapy market.
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Key Players for Phototherapy Market:
Some of the key players in this market are:
- GE Healthcare,
- Koninklijke Philips N.V.,
- Natus Medical Incorporated,
- Herbert Waldmann GmbH & Co. KG,
- PhotoMedex, Inc,
- MTTS ASIA, VIA Global Health
- Biotechnology companies
- Hospitals and diagnostic centers
- Academic research institutes
- Government institutes
Regional Analysis of Phototherapy Market:
Globally North America is the largest market for phototherapy market. The North American market for phototherapy is expected to grow by the end of the forecasted period. Europe is the second-largest market for phototherapy which is expected to grow. Asia pacific region is expected to be fastest growing region in phototherapy market.
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