The Global Phototherapy Devices Market research report added by Emergen Research is an extensive study of the industry and includes a study of several factors that impact the growth of the market. The report is formulated by taking into consideration the government policies, market landscape, technologies, market risks, opportunities, and challenges faced by the market. The report further analyzes historical data, current and future market trends, recent technological developments, key competitors, and regional bifurcation.
The global Phototherapy Devices Market is expected to reach USD 758.6 Million by 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the growing awareness among patients about the advanced diagnostic solutions provided by the improved healthcare structure. Increasing research and development by the key manufacturers for the technological advancement of the devices is augmenting the demand for the industry.
The pandemic has caused a shortage of essential life-saving devices and medical supplies. It has severely disrupted the supply chain and raw material supplies. To meet the growing demand of the medical supplies in between the pandemic, manufacturers have increased their production capacity. The manufacturers are adopting safety regulations and preventive measures without hampering the manufacturing process.
The report covers historical revenue and sales volume, and the data is further validated to provide a forecast market estimation of the market size and sales numbers for key regions along with types and end-user applications. Moreover, the report also includes macroeconomic factors and regulatory policies pertaining to the Phototherapy Devices industry for evaluation and predictive analysis.
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with the product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share.
The major companies studied in the report include:
Natus Medical Incorporated, Philips Lighting Holding B.V., GE Healthcare, Atom Medical Corporation, Herbert Waldmann GmbH Co. KG, Phoenix Medical Systems Pvt. Ltd., Nice Neotech Medical Systems Pvt. Ltd., Solarc Systems Inc., National Biological Corporation, and The Daavlin Company, among others.
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/phototherapy-devices-market
The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Regional Segmentation:
Based on the geographical spread, the Phototherapy Devices industry is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis of the Phototherapy Devices market provides an insight into the regions expected to hold the largest share in the market. Additionally, the report provides valuable data about distribution, production, consumption patterns, export/import, and demand and supply ratio.
Along with these details, the report also covers the segmentation of the market based on types, applications, end-user industry, and others. Analysis of each market segment, along with projections up to 2027, is offered in the report. The report includes profitability, gross margins, global demand, sales volume, and growth prospects of each market segment.
Emergen Research has segmented the global Phototherapy Devices Market on the basis of Product, Application, End User, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
- LED-Based Phototherapy Devices
- Fibreoptic Phototherapy Devices
- Conventional Phototherapy Devices (Fluorescent Lamps, Compact Fluorescent Lamps)
Application Outlook (Revenue, USD Billion; 2017-2027)
- Neonatal Jaundice Management
- Skin Disease Treatment (Vitiligo, Eczema, Psoriasis)
End User Outlook (Revenue, USD Billion; 2017-2027)
- Homecare
- Hospitals Clinics
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