| Product Code: ETC13173765 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Phototherapy Equipment Market was valued at USD 2.8 Billion in 2024 and is expected to reach USD 4.3 Billion by 2031, growing at a compound annual growth rate of 6.30% during the forecast period (2025-2031).
The Global Phototherapy Equipment Market is driven by the increasing prevalence of skin disorders such as psoriasis, eczema, and vitiligo, leading to a growing demand for phototherapy treatments. Advancements in technology have resulted in the development of more efficient and user-friendly phototherapy equipment, further driving market growth. Additionally, rising awareness about the benefits of phototherapy in treating various skin conditions and the increasing adoption of home-based phototherapy devices are contributing to the market expansion. Geographically, North America and Europe hold significant market shares due to the high incidence of skin diseases in these regions and well-established healthcare infrastructure. Key players in the market include Philips Lighting Holding B.V., GE Healthcare, and Natus Medical Incorporated, focusing on innovation and strategic partnerships to maintain their competitive positions in the market.
The Global Phototherapy Equipment Market is currently experiencing growth due to the increasing prevalence of skin disorders such as psoriasis, eczema, and vitiligo. The rising demand for non-invasive and cost-effective treatment options is driving the market expansion. Technological advancements in phototherapy equipment, such as the development of LED-based devices and targeted phototherapy systems, are also contributing to market growth. Additionally, the growing awareness about the benefits of phototherapy in dermatological treatments and the expanding healthcare infrastructure in emerging economies present significant opportunities for market players. However, challenges related to reimbursement policies and potential side effects of phototherapy may hinder market growth. Overall, the market is poised for further expansion with a focus on innovation and strategic partnerships.
The Global Phototherapy Equipment Market faces several challenges, including high costs associated with acquiring and maintaining advanced equipment, especially in developing regions. Regulatory hurdles and compliance requirements for medical devices also pose challenges for manufacturers in terms of innovation and market expansion. Additionally, the limited availability of skilled healthcare professionals trained in phototherapy techniques and technologies can hinder the effective adoption and utilization of these devices. Moreover, the potential risks of side effects and adverse reactions from phototherapy treatment further contribute to the challenges faced by the market, requiring continuous research and development efforts to enhance safety and efficacy profiles. Overall, overcoming these obstacles will be crucial for the sustained growth and advancement of the Global Phototherapy Equipment Market.
The global phototherapy equipment market is primarily driven by the increasing prevalence of skin disorders such as psoriasis, eczema, and vitiligo, which require phototherapy treatment. Technological advancements in phototherapy equipment, leading to improved treatment outcomes and patient comfort, are also driving market growth. Additionally, the growing awareness about the effectiveness of phototherapy in treating various skin conditions, coupled with the rising demand for non-invasive treatment options, is further fueling market expansion. Furthermore, the expanding geriatric population worldwide, who are more prone to skin ailments, is contributing to the increasing adoption of phototherapy equipment. These factors, along with the rising healthcare expenditure and the availability of reimbursement facilities for phototherapy treatments, are expected to drive the growth of the global phototherapy equipment market.
Government policies related to the Global Phototherapy Equipment Market primarily focus on ensuring the safety, efficacy, and quality of phototherapy devices. Regulatory bodies such as the FDA in the United States and the European Medicines Agency in the EU have established guidelines and requirements for the approval and marketing of phototherapy equipment. These policies aim to protect patient safety, promote innovation, and maintain high standards of manufacturing and distribution within the market. Additionally, government healthcare systems may provide reimbursement policies and incentives to encourage the adoption of phototherapy treatments for various medical conditions. Overall, government policies play a crucial role in shaping the regulatory landscape and market dynamics of the Global Phototherapy Equipment Market.
The Global Phototherapy Equipment Market is poised for significant growth in the coming years, driven by increasing prevalence of skin disorders such as psoriasis, eczema, and vitiligo. Technological advancements in phototherapy devices, coupled with growing awareness about the effectiveness of light-based therapies, are expected to fuel market expansion. The rising geriatric population, who are more prone to skin conditions, will also contribute to market growth. Additionally, the shift towards home-based phototherapy treatments and the emergence of LED-based phototherapy devices are anticipated to further boost market demand. However, regulatory challenges and high costs associated with phototherapy equipment may hinder market growth to some extent. Overall, the Global Phototherapy Equipment Market is forecasted to experience steady growth in the foreseeable future.
In the Global Phototherapy Equipment Market, Asia Pacific is anticipated to witness significant growth due to the rising prevalence of skin disorders and increasing healthcare expenditure in countries like China and India. North America is expected to hold a substantial market share attributed to the high adoption rate of advanced medical technologies and favorable reimbursement policies. Europe is also a key market for phototherapy equipment, driven by the presence of well-established healthcare infrastructure and increasing awareness about skin-related conditions. In the Middle East and Africa region, the market is projected to grow steadily due to the rising demand for dermatological treatments. Latin America is poised for growth with increasing investments in healthcare infrastructure and a growing patient population seeking phototherapy treatments for various skin conditions.
Global Phototherapy Equipment Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Phototherapy Equipment Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Phototherapy Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Global Phototherapy Equipment Market - Industry Life Cycle |
3.4 Global Phototherapy Equipment Market - Porter's Five Forces |
3.5 Global Phototherapy Equipment Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Phototherapy Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Phototherapy Equipment Market Revenues & Volume Share, By Modality, 2021 & 2031F |
3.8 Global Phototherapy Equipment Market Revenues & Volume Share, By Disease Indication, 2021 & 2031F |
3.9 Global Phototherapy Equipment Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Global Phototherapy Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Phototherapy Equipment Market Trends |
6 Global Phototherapy Equipment Market, 2021 - 2031 |
6.1 Global Phototherapy Equipment Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Phototherapy Equipment Market, Revenues & Volume, By CFL (Compact Fluorescent Lamps) phototherapy, 2021 - 2031 |
6.1.3 Global Phototherapy Equipment Market, Revenues & Volume, By LED (light emitted diode) phototherapy, 2021 - 2031 |
6.1.4 Global Phototherapy Equipment Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Phototherapy Equipment Market, Revenues & Volume, By Modality, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Phototherapy Equipment Market, Revenues & Volume, By Full body phototherapy, 2021 - 2031 |
6.2.3 Global Phototherapy Equipment Market, Revenues & Volume, By Partial body phototherapy, 2021 - 2031 |
6.3 Global Phototherapy Equipment Market, Revenues & Volume, By Disease Indication, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Phototherapy Equipment Market, Revenues & Volume, By Neonatal Jaundice, 2021 - 2031 |
6.3.3 Global Phototherapy Equipment Market, Revenues & Volume, By Skin Diseases, 2021 - 2031 |
6.3.4 Global Phototherapy Equipment Market, Revenues & Volume, By Others, 2021 - 2031 |
6.4 Global Phototherapy Equipment Market, Revenues & Volume, By End-User, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Phototherapy Equipment Market, Revenues & Volume, By Hospitals, 2021 - 2031 |
6.4.3 Global Phototherapy Equipment Market, Revenues & Volume, By Clinics, 2021 - 2031 |
6.4.4 Global Phototherapy Equipment Market, Revenues & Volume, By Home Care Settings, 2021 - 2031 |
7 North America Phototherapy Equipment Market, Overview & Analysis |
7.1 North America Phototherapy Equipment Market Revenues & Volume, 2021 - 2031 |
7.2 North America Phototherapy Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Phototherapy Equipment Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Phototherapy Equipment Market, Revenues & Volume, By Modality, 2021 - 2031 |
7.5 North America Phototherapy Equipment Market, Revenues & Volume, By Disease Indication, 2021 - 2031 |
7.6 North America Phototherapy Equipment Market, Revenues & Volume, By End-User, 2021 - 2031 |
8 Latin America (LATAM) Phototherapy Equipment Market, Overview & Analysis |
8.1 Latin America (LATAM) Phototherapy Equipment Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Phototherapy Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Phototherapy Equipment Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Phototherapy Equipment Market, Revenues & Volume, By Modality, 2021 - 2031 |
8.5 Latin America (LATAM) Phototherapy Equipment Market, Revenues & Volume, By Disease Indication, 2021 - 2031 |
8.6 Latin America (LATAM) Phototherapy Equipment Market, Revenues & Volume, By End-User, 2021 - 2031 |
9 Asia Phototherapy Equipment Market, Overview & Analysis |
9.1 Asia Phototherapy Equipment Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Phototherapy Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Phototherapy Equipment Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Phototherapy Equipment Market, Revenues & Volume, By Modality, 2021 - 2031 |
9.5 Asia Phototherapy Equipment Market, Revenues & Volume, By Disease Indication, 2021 - 2031 |
9.6 Asia Phototherapy Equipment Market, Revenues & Volume, By End-User, 2021 - 2031 |
10 Africa Phototherapy Equipment Market, Overview & Analysis |
10.1 Africa Phototherapy Equipment Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Phototherapy Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Phototherapy Equipment Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Phototherapy Equipment Market, Revenues & Volume, By Modality, 2021 - 2031 |
10.5 Africa Phototherapy Equipment Market, Revenues & Volume, By Disease Indication, 2021 - 2031 |
10.6 Africa Phototherapy Equipment Market, Revenues & Volume, By End-User, 2021 - 2031 |
11 Europe Phototherapy Equipment Market, Overview & Analysis |
11.1 Europe Phototherapy Equipment Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Phototherapy Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Phototherapy Equipment Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Phototherapy Equipment Market, Revenues & Volume, By Modality, 2021 - 2031 |
11.5 Europe Phototherapy Equipment Market, Revenues & Volume, By Disease Indication, 2021 - 2031 |
11.6 Europe Phototherapy Equipment Market, Revenues & Volume, By End-User, 2021 - 2031 |
12 Middle East Phototherapy Equipment Market, Overview & Analysis |
12.1 Middle East Phototherapy Equipment Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Phototherapy Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Phototherapy Equipment Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Phototherapy Equipment Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Phototherapy Equipment Market, Revenues & Volume, By Modality, 2021 - 2031 |
12.5 Middle East Phototherapy Equipment Market, Revenues & Volume, By Disease Indication, 2021 - 2031 |
12.6 Middle East Phototherapy Equipment Market, Revenues & Volume, By End-User, 2021 - 2031 |
13 Global Phototherapy Equipment Market Key Performance Indicators |
14 Global Phototherapy Equipment Market - Export/Import By Countries Assessment |
15 Global Phototherapy Equipment Market - Opportunity Assessment |
15.1 Global Phototherapy Equipment Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Phototherapy Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Phototherapy Equipment Market Opportunity Assessment, By Modality, 2021 & 2031F |
15.4 Global Phototherapy Equipment Market Opportunity Assessment, By Disease Indication, 2021 & 2031F |
15.5 Global Phototherapy Equipment Market Opportunity Assessment, By End-User, 2021 & 2031F |
16 Global Phototherapy Equipment Market - Competitive Landscape |
16.1 Global Phototherapy Equipment Market Revenue Share, By Companies, 2024 |
16.2 Global Phototherapy Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |