The global phototherapy equipment market is witnessing considerable growth due to the increasing incidence of neonatal jaundice and increasing prevalence of skin problems including psoriasis, eczema and vitiligo. Moreover, the increasing adoption of LED-based phototherapy equipment and launch of technologically advanced products are further supporting the growth of the market. The United States market for Phototherapy Equipment is currently estimated to be valued at $XX.XX million for the year 2016 and is poised to reach $XX.XX million by the end of 2022.
Phototherapy is a light therapy, which involves exposing skin to ultraviolet light for a regular duration under the medical supervision for treating neonatal jaundice and treating psoriasis, and eczema globally. Phototherapy helps in reducing itching, increases vitamin D production, and calms inflammation. Huge prevalence of skin diseases is leading to extensive growth of phototherapy equipment market. Skin diseases such as psoriasis, eczema, and acne related problems are rising to a great extent.
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According to the study, the rising demand for this product is driving the United States Phototherapy Equipment Market significantly. The expansion in the various related industry is also expected to reflect positively on the sales of Phototherapy Equipment product over the next few years.
The Phototherapy Equipment Market report identifies Europe, North America, Southeast Asia, Japan, China, and India as the prime regional markets for across the world. Due to its growing demand, North America and Europe have been registering strong growth in their United States markets. Over the forthcoming years, the trend is likely to continue, ensuring the dominance of these regions. Other regional markets are also projected to witness a rising demand for this product in the near future.
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Key Factors of Market:
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the United States Phototherapy Equipment market?
- What are the key market trends impacting the growth of the United States Phototherapy Equipment market?
- What are the challenges to market growth?
- Who are the key vendors in the United States Phototherapy Equipment market?
- What are the market opportunities and threats faced by the vendors in the United States Phototherapy Equipment market?
- What are the key outcomes of the five forces analysis of the United States Phototherapy Equipment market?
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The report broadly analyzes the United States Phototherapy Equipment Market on the basis of the type of product and the application. Based on the type of product, the market has been classified different sections, trends, end-users, and technology. The segment which is likely to fuel the demand for Phototherapy Equipment products is mentioned.
Production capacity, product pricing, the dynamics of demand and supply, sales, revenue, and the rate of expansion of the overall market is provided. A detailed analysis of the competitive landscape of the United States Phototherapy Equipment Market has also been presented in this research study. Also, the profiles of the leading companies o this market have been reviewed to determine their growth prospects in order identify the market hierarchy.
Key players of Market:
Philips Lighting Holding B.V.
Natus Medical Incorporated
Phoenix Medical Systems Pvt. Ltd.
Herbert Waldmann GmbH & Co. Kg
Atom Medical Corporation
Nice Neotech Medical Systems Pvt. Ltd.
The Daavlin Company
National Biological Corporation
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