Neonatal phototherapy devices are medical devices which are used for the treatment of neonatal jaundice. Neonatal jaundice occurs in majority of newborn babies and if untreated, it may cause severe hyperbilirubinemia that leads to neurological damage or death.
In the last several years, global market of Neonatal Phototherapy Devices developed rapidly, with an average growth rate of 5.88%.
The growth of this market is driven by the increase in the prevalence and incidence of neonatal jaundice, technological advancements in the phototherapy devices, government initiations for new-born and childcare.
The classification of Neonatal Phototherapy Devices includes Phototherapy Lamp and Phototherapy Blanket. Phototherapy Lamp accounted for the largest share, about 83.65% of the overall Neonatal Phototherapy Devices market in 2017. While the growth rate of phototherapy blanket is faster.
According to this study, over the next five years the Neonatal Phototherapy Devices market will register a 3.7% CAGR in terms of revenue, the global market size will reach US$ 240 million by 2024, from US$ 200 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Neonatal Phototherapy Devices business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Neonatal Phototherapy Devices market by product type, application, key manufacturers and key regions and countries.
This study considers the Neonatal Phototherapy Devices value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Phototherapy Lamp
Phototherapy Blanket
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Hospitals & Clinics
Birthing Centers
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
GE Healthcare
Atom Medical
Drager
Philips
Natus
Ningbo David Medical
Weyer
D-Rev
Novos Medical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Neonatal Phototherapy Devices consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Neonatal Phototherapy Devices market by identifying its various subsegments.
Focuses on the key global Neonatal Phototherapy Devices manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Neonatal Phototherapy Devices with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Neonatal Phototherapy Devices submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
