Global Phototherapy Devices Market Research Report 2017-22: Key Industry Trends and Drivers, Industry SWOT Analysis

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Rockville, US, 2018-Apr-25 — /EPR Network/ — A freshly compiled business intelligent report, titled Phototherapy Devices Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This 170 page study delivers all the vital details and information required to know about phototherapy devices market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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Increasing prevalence of skin ailments such as psoriasis and eczema across the globe and advancement of phototherapy technology is expected to influence the global phototherapy devices market over the next couple of years. As the number of patients with skin conditions continue to soar, urgency of developing advance treatment modules also grows in parallel. The introduction of cost-effective phototherapy devices based on LED technology that are more efficient than the conventional devices is bringing hope to patients. Over the years, phototherapy treatment has continuously evolved due to the arrival of new technological peripherals. Factors as such, have been instrumental in driving the adoption of phototherapy devices. Phototherapy devices are being increasingly used in treating neonatal jaundice, which is common among new born babies with high amount of bilirubinlevels. However, the introduction of alternative mode of treatments and potential risks of side-effects coupled with stringent regulations on product approval remain a major challenge for manufacturers of phototherapy devices. 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).

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.

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.

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Table of Contents:

  1. Global Phototherapy Devices Market – Executive Summary
  2. Global Phototherapy Devices Market Overview
    2.1. Introduction
    2.1.1. Global Phototherapy Devices Market Taxonomy
    2.1.2. Global Phototherapy Devices Market Definition
    2.2. Global Phototherapy Devices Market Size (US$ Mn) and Forecast, 2012-2022
    2.2.1. Global Phototherapy Devices Market Y-o-Y Growth
    2.3. Global Phototherapy Devices Market Dynamics
    2.3.1. Drivers
    2.3.2. Restraints
    2.3.3. Trends
    2.4. Supply Chain
    2.5. Epidemiology
    2.6. List of Distributors
    2.7. Average Pricing Analysis
    2.8. Regulations
    2.9. Key Participants Market Presence (Intensity Map) By Region
  3. Global Phototherapy Devices Market Analysis and Forecast By Product Type 
    3.1. Global Phototherapy Devices Market Size and Forecast By Product Type, 2012-2022
    3.1.1. Conventional Phototherapy Devices Phototherapy Devices Market Size and Forecast, 2012-2022
    3.1.1.1. Revenue (US$ Mn) Comparison, By Region
    3.1.1.2. Market Share Comparison, By Region
    3.1.1.3. Y-o-Y growth Comparison, By Region
    3.1.2. Fiber Optic Phototherapy Devices Phototherapy Devices Market Size and Forecast, 2012-2022
    3.1.2.1. Revenue (US$ Mn) Comparison, By Region
    3.1.2.2. Market Share Comparison, By Region
    3.1.2.3. Y-o-Y growth Comparison, By Region
    3.1.3. Others Phototherapy Devices Market Size and Forecast, 2012-2022
    3.1.3.1. Revenue (US$ Mn) Comparison, By Region
    3.1.3.2. Market Share Comparison, By Region
    3.1.3.3. Y-o-Y growth Comparison, By Region

Continued…

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized healthcare market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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