Phototherapy Equipment Market Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

 

Phototherapy Equipment Market
Phototherapy Equipment Market

Phototherapy is the most popular treatment for lowering high bilirubin levels in newborns, as well as a treatment for a variety of skin conditions. Phototherapy equipment is used to treat a variety of skin conditions, including psoriasis, vitiligo, and others.

Factors such as an increase in the prevalence of skin diseases, a rise in the incidence of neonatal jaundice across geographies, continuous technological advancements in the field of phototherapy, and a surge in the adoption of LED-based phototherapy equipment are driving the growth of the phototherapy equipment market. The availability and widespread use of alternative treatment modes, as well as a strict regulatory environment for the approval of new phototherapy equipment, are limiting the market's growth.

Phototherapy is the use of light to treat a variety of skin conditions such as psoriasis and vitiligo, among others. The skin is exposed to a highly special form of light emitted by a medical equipment during the treatment. A phototherapy unit is the common name for this gadget. These phototherapy systems range in size from handheld to desktop devices for spot treatment of small regions to cabinets to walk-in units for full-body treatment.

The increase in the frequency of newborn jaundice is one of the major factors likely to fuel the growth and demand for phototherapy equipment. Furthermore, over the forecast period of 2021 to 2028, an increase in the number of preterm and low-weight newborns, as well as an increase in the incidence of skin diseases, are likely to contribute to the global market's growth. The market is also expected to develop due to the introduction of technologically enhanced phototherapy equipment and the widespread acceptance of LED-based phototherapy equipment. Additionally, rising awareness of sophisticated phototherapy and increasing healthcare infrastructure are likely to fuel the growth of the phototherapy equipment market.

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