Infant Phototherapy Device Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Jaundice is among the common disorders in full term and premature babies and appears frequently in the first week of birth. Jaundice is caused due to the increased levels of bilirubin in the blood, where treating of the compound is slow as the infant's liver is immature in the first week of birth. Phototherapy is a common method of treatment in infants affected with jaundice. The treatment of jaundice includes a process in which light waves are absorbed by the skin and blood, resulting in the breakdown of bilirubin. The breakdown products of bilirubin after phototherapy do not cause any effects on the central nervous system.

MARKET DYNAMICS

The infant phototherapy device market is expected to grow during the forecast period due to common presence of jaundice in neonates, low cost and ease of the treatment and technological advancements in the field of infant phototherapy. However, alternate modes of treatment such as IVIG treatment & exchange transfusion and side effects of phototherapy treatment are likely to hamper the growth of the market in the forecast period.

MARKET SCOPE

The "Global Infant Phototherapy Device Market Analysis to 2031" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of enteral feeding formulas market with detailed market segmentation by light source, configuration, end user and geography. The global infant phototherapy device market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading enteral feeding formulas market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global infant phototherapy device market is segmented on the basis of light source, configuration and end user. On the basis of light source, the market is classified as fluorescent lamps (FL), light-emitting diodes (LEDs), quartz halogen lamps, and gas discharge tubes. Based on configuration, the market is classified as mobile device and fixed device. On the basis of end user, the market is classified as hospitals and neonatal clinics.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global infant phototherapy device market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The infant phototherapy device market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting infant phototherapy device market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the infant phototherapy device market in these regions.

MARKET PLAYERS

The reports cover key developments in the infant phototherapy device market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Infant phototherapy device market are anticipated to lucrative growth opportunities in the future with the rising demand for Infant phototherapy device in the global market. Below mentioned is the list of few companies engaged in the Infant phototherapy device market.

The report also includes the profiles of key infant phototherapy device market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  Atom Medical Corp.
•  avihealthcare
•  GENERAL ELECTRIC
•  Ibis Medical
•  Natus Medical Incorporated
•  DAVID
•  Novos
•  Weyer GmbH
•  Zhengzhou Dison Instrument And Meter Co., Ltd
•  Phoenix Medical Systems (P) Ltd.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Infant Phototherapy Device Report Scope