Under medical supervision, phototherapy (sometimes called light therapy) comprises revealing the skin to UV light. The most popular kinds of phototherapy are PUVA (psoralen + UVA), ultraviolet A (UVA)/NBUVB (in combination), and narrow-band UVB (NBUVB). The type of phototherapy chosen is determined by the skin condition type. Narrow-band UVB, on the other hand, is the most commonly used treatment for mycosis fungoides, psoriasis, and eczema patients all over the globe owing to its adaptability and efficacy. Moreover, by releasing wavelengths of 311-312 nm, narrow-band UVB reduces unnecessary and dangerous UV rays. Some of the Phototherapy equipment are conventional phototherapy equipment, fiber-optic phototherapy equipment, as well as LED phototherapy equipment.
Increasing psoriasis cases is expected to propel the global phototherapy equipment market growth over the forecast period. According to the International Federation of Psoriasis Associations (IFPA), around 150,000 new psoriasis cases are recorded in the U.S. annually, and 3% of the global population is affected by psoriasis in some form. Moreover, rising number of various skin diseases is growing the demand is for LED-based phototherapy equipment such as high-intensity gallium nitric blue light-emitting diode. LED-based phototherapy equipment is extremely efficient in reducing bilirubin by delivering considerably greater irradiance for intense phototherapy for treating jaundice in newborns. For instance, according to the National Center for Biotechnology Information (NCBI), every year around 13 million newborns suffer from jaundice throughout the world. This factor is expected to propel the global phototherapy equipment market growth during the forecast period. Moreover, the high expense of the equipment is hampering the global phototherapy equipment market growth during the forecast period.
The global phototherapy equipment market is divided into five regions namely Europe, Africa, North America, the Middle East, Latin America, and Asia Pacific. Due to growing demand for blue light therapy technology for acne treatment, North America is expected to account for the largest share in the global phototherapy equipment market. According to the American Academy of Dermatology, acne is the most prevalent skin problem in the U.S., impacting over 50 million individuals every year. Moreover, Asia Pacific is expected to be a significant region in the global phototherapy equipment market due to the development of Brilliance, a revolutionary phototherapy device that is a blue light used in the treating of serious jaundiced children.
Novel product releases are expected to propel the global phototherapy equipment market growth over the forecast period.
Some of the key players contributing to the global phototherapy equipment market are Solarc Systems, Inc., Phoenix Medical Systems Pvt., GE Healthcare, Inc., Natus Medical Inc., Philips Lighting Holding B.V., Atom Medical Corp., and Daavlin, Ltd. The major companies are concentrating their efforts on mergers and acquisitions strategies as well as the creation of new goods. In July 2017, Philips obtained U.S. FDA approval for BlueControl 2.0, a novel phototherapy device for treating psoriasis. During clinical testing in 2015, Bluecontrol 2.0, a novel wearable medical device that uses blue LED light free from UV to treat psoriasis symptoms, showed an 84 % reduction in plaque indications.
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:
- Eczema / Atopic Dermatitis
On the basis of end-user, the global phototherapy equipment market is segmented into:
Reasons to Purchase this Report
• Current and future of global Phototherapy Equipment market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Table of Content
Global Phototherapy Equipment Market Research Report
Section 1: Global Phototherapy Equipment Industry Overview
Section 2: Global Economic Impact on Phototherapy Equipment Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Phototherapy Equipment Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
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