Overview
The Phototherapy Equipment Market is expected to grow at a High CAGR during the forecast period 2024-2031.
Phototherapy equipment is utilized in medical settings to treat a range of skin conditions, particularly in dermatology and neonatal care. This therapy uses specific wavelengths of light to target affected areas. The devices emit ultraviolet (UV) light, which is effective for treating conditions such as psoriasis, eczema, vitiligo, and certain forms of dermatitis.
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Market Growth Trends
Rising prevalence of skin disorders
The global increase in skin disorders like psoriasis, eczema, vitiligo, acne, and dermatitis is driving the demand for effective treatment options. As these conditions become more prevalent, the need for treatments such as phototherapy is rising. Recognized for its safety and efficacy in treating many of these disorders, phototherapy is fueling higher demand for phototherapy equipment.
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Market is segmented
By Product: Fiber Optic Phototherapy Equipment, Conventional Phototherapy Equipment, LED Phototherapy Equipment
By Application: Neonatal Jaundice Treatment, Skin Disorders Treatment, Others
By End-User: Hospitals, Clinics, Homecare Settings, Others
By Region: North America, Europe, South America, Asia Pacific, Middle East, and Africa
Market Key Players
• Drägerwerk AG & Co. KGaA
• Atom Medical Corporation
• Daavlin Company
• Hill-Rom Holdings, Inc.
• GE Healthcare
• NEMS GmbH
• Nice Neotech Medical Systems Pvt. Ltd
• Natus Medical Incorporated
• Philips Healthcare
• Solarc Systems Inc
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