Phototherapy Devices Market Scenario Indicates Prime Trends & Growth ParametPosted by Arslan on January 22nd, 2019 Phototherapy devices are used for treating neonatal jaundice and various skin conditions. These devices are extensively used in procedures such as reducing of bilirubin serum concentration or curing bilirubin toxicity. As per the latest report published by Fact.MR, the global phototherapy devices market will expand at 4.7% CAGR over the forecast period (2017-2022) . On the basis of in depth analysis the market is segmented by Product types, By End User, By Light Type. On the basis of product type, adoption of the conventional phototherapy devices is significantly high. Global sales of conventional phototherapy devices currently accounts for close to 55% revenue share of the market and this trend is likely to continue in 2017 and beyond. Key players mentioned in Fact.MR’s report include Drägerwerk AG & Co. KGaA, Medela AG, General Electric Company, Natus Medical Incorporated, Hill-Rom, Solarc Systems Inc., The Daavlin Company, Schulze & Böhm GmbH, Medisana AG, Guangzhou Beautylife Electronic Technology co.,Ltd, Herbert Waldmann GmbH & Co. KG, Philips Lighting Holding B.V.,
The Fact.MR study provides comprehensive information about growth prospects of the Phototherapy Devices Market. The report covers the present ground scenario and future opportunity prospects for the market players to analyze the target markets across the globe. We calculated the market size and revenue share on the basis of revenue generated from major players across the globe. Moreover, the competitive analysis includes the in-depth analysis of the major players and leaders. The market study conducted on the basis of primary as well as secondary research where the analysts fragment the data from various databases such as Bloomberg, Factiva, Owler and others. Our primary research team conducted various interviews, surveys and group discussions of industry professionals. The Phototherapy Devices Market is segmented as follows:
Phototherapy Devices Market – Regional Overview & Competitive Backdrop A comprehensive section on the regional analysis of global Phototherapy Devices Market is included in the report. North America, Europe, Japan, Asia-Pacific excluding Japan (APEJ), Latin America, and Middle East & Africa are key regions into which the expansion of global Phototherapy Devices Market is studied. Geographically, North America to Lead the Global Phototherapy Devices Market In terms of revenue, the phototherapy devices market in North America is expected to remain highly attractive throughout the forecast period. In addition, the region’s market is projected to expand at little under 4% CAGR over 2022. Meanwhile, the markets in Asia-Pacific excluding Japan (APEJ) and Europe are also projected to register a steady growth over the next five years.
Market Dynamics: Growth Drivers, Restraints and Opportunities
Global Phototherapy Devices Market report has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the market space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models.
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