Phototherapy Equipment | New Technologies Transforming the Industrial Business
The global phototherapy equipment market is projected to reach USD 583.4 Million by 2021, growing at a CAGR of 4.5%
(IINews) - What are the Global Growth Factors of Phototherapy Equipment Market?
A number of factors, such as the rising incidence of neonatal jaundice across developed and developing markets, rising number of people suffering from skin diseases, inflow of technologically advanced products, and rising adoption of LED-based phototherapy equipment are driving the growth of Phototherapy Equipment Market.
What The Experts Says about the Market Growth?
The market is expected to reach $583.4 Million by 2021, at a CAGR of 4.5% from 2016 to 2021.
Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=174360683
Browse and in-depth TOC on "Phototherapy Equipment Market"
63 – Tables
41 - Figures
119 - Pages
Based on the type of equipment, the global phototherapy equipment market is divided into three segments, namely, conventional phototherapy equipment, LED phototherapy equipment, and fiberoptic phototherapy equipment. Based on the type of lamp installed in conventional phototherapy equipment, they are further segmented into equipment with fluorescent lamps and equipment with compact fluorescent lamps. Conventional phototherapy equipment with fluorescent lamps come in two different sizes, namely, full body phototherapy equipment and partial body phototherapy equipment.
On the basis of applications, the global phototherapy equipment market is segmented into skin disease treatment and neonatal jaundice treatment. The skin disease treatment segment is further divided into psoriasis treatment, vitiligo treatment, eczema treatment, and other disease treatment. On the basis of end user, the global phototherapy equipment industry is segmented into hospitals & clinics and home users.
Geographical Analysis:
North America held the largest share of the global phototherapy equipment market, followed by Europe. However, the Asia-Pacific market is expected to register the highest CAGR of 6.1% from 2016 to 2021. Factors such as strategic expansions by key market players in emerging Asian countries; growing adoption of low cost phototherapy equipment in India and China; and rising number of people suffering from skin diseases are responsible for the growth of the phototherapy equipment market in the Asia-Pacific region.
Get Your Queries Resolved | Speak to Our Analyst:
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=174360683
Key Market Players:
GE Healthcare (U.K.), Philips Lighting Holding B.V. (Netherlands), Natus Medical Incorporated (U.S.), Phoenix Medical Systems Pvt. Ltd. (India), Herbert Waldmann GmbH & Co. KG (Germany), Atom Medical Corporation (Japan), nice Neotech Medical Systems Pvt. Ltd. (India), National Biological Corp. (U.S.), and Solarc Systems Inc. (Canada) are some of the key players operating in the global phototherapy equipment market.
GE is one of the key global manufacturers of phototherapy equipment products. It sells its phototherapy equipment under the fetal and neonatal care segment. In order to sustain its leadership and ensure its future growth, the company has focused on both organic (new product launches and expansion) and inorganic growth strategies (such as collaboration and agreements).
By pursuing collaboration and agreements, the company has increased its customer base and sales & distribution networks across major markets. For example, in 2013, GE Healthcare signed an agreement with HealthTrust (U.S.) and collaborated with Perkumpulan Obstetri dan Ginekologi Indonesia (POGI, Indonesia). Furthermore, the company also focuses on strengthening its market presence in high-growth regions such as in Asia and Africa to compensate for revenue losses incurred in developed markets (such as the U.S. and Europe)
Request Free Sample Report:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=174360683
Themen in diesem Fachartikel:
Unternehmensinformation / Kurzprofil:
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies'' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets''s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales(at)marketsandmarkets.com
Datum: 03.10.2019 - 13:26 Uhr
Sprache: Deutsch
News-ID 1759148
Anzahl Zeichen: 0
Kontakt-Informationen:
Ansprechpartner: Dheeraj Shaha
Stadt:
Northbrook
Telefon: 18886006441
Kategorie:
Gesundheit & Medizin
Anmerkungen:
Dieser Fachartikel wurde bisher 99 mal aufgerufen.
Der Fachartikel mit dem Titel:
"Phototherapy Equipment | New Technologies Transforming the Industrial Business
"
steht unter der journalistisch-redaktionellen Verantwortung von
MnM (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).