DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Phototherapy Equipment Market - Global Forecast to 2021" report to their offering.
The phototherapy equipment market is expected to reach USD 583.4 Million by 2021 from USD 468.2 Million in 2016, growing at a CAGR of 4.5% during the forecast period of 2016 and 2021.
This market is primarily driven by the rising incidence of neonatal jaundice in both 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. However, the high use of alternative treatment modes and stringent regulatory policies for the approval of new devices are limiting the growth of this market.
North America is expected to account for the largest share of the global market in 2016, followed by Europe. However, the Asia-Pacific market is expected to register the highest CAGR during the forecast period. The high growth in this segment can be attributed to strategic expansion by key market players in emerging Asian countries, and rising development and adoption of cost-effective phototherapy equipment.
Companies Mentioned:
- Atom Medical Corporation
- GE Healthcare
- Herbert Waldmann GmbH & Co. Kg
- National Biological Corporation
- Natus Medical Incorporated
- Nice Neotech Medical Systems Pvt. Ltd.
- Philips Lighting Holding B.V.
- Phoenix Medical Systems Pvt. Ltd.
- Solarc Systems Inc.
-
The Daavlin Company
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Phototherapy Equipment Market, By Type
7 Global Phototherapy Equipment Market, By Application
8 Global Phototherapy Equipment Market, By End User
9 Global Phototherapy Equipment Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/l855bq/phototherapy
