| Product Code: ETC13173763 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Phototherapy Market was valued at USD 3.9 Billion in 2024 and is expected to reach USD 5.8 Billion by 2031, growing at a compound annual growth rate of 6.20% during the forecast period (2025-2031).
The Global Phototherapy Market is experiencing steady growth driven by the increasing prevalence of skin disorders such as psoriasis, eczema, and vitiligo. Phototherapy, which involves the use of ultraviolet light to treat these conditions, is gaining popularity as a non-invasive and effective treatment option. Technological advancements in light therapy devices, along with growing awareness about the benefits of phototherapy, are further fueling market expansion. The market is also witnessing a rise in demand for home-based phototherapy devices as patients seek convenient treatment options. Key players in the global phototherapy market include Philips Lighting, GE Healthcare, and Natus Medical, among others. Geographically, North America and Europe dominate the market, but the Asia-Pacific region is expected to exhibit significant growth opportunities in the coming years.
The Global Phototherapy Market is experiencing growth due to the increasing prevalence of skin disorders such as psoriasis and eczema, as well as the rising demand for non-invasive treatment options. Technological advancements in phototherapy devices, such as LED-based systems and targeted phototherapy, are driving market expansion. The market is also benefiting from the growing awareness about the effectiveness of phototherapy in treating various skin conditions. Additionally, the increasing adoption of home-based phototherapy devices and the rising demand for aesthetic treatments are creating new opportunities for market growth. Key players in the market are focusing on product innovation and strategic partnerships to capitalize on these trends and strengthen their market presence.
The Global Phototherapy Market faces several challenges, including limited awareness about phototherapy as a treatment option, particularly in developing regions. Cost constraints associated with purchasing and maintaining phototherapy equipment can also hinder market growth, especially in healthcare facilities with limited budgets. Additionally, concerns regarding the potential side effects of phototherapy, such as skin damage or eye problems, may deter some patients and healthcare providers from opting for this treatment. Regulatory hurdles and stringent guidelines for the approval and use of phototherapy devices further contribute to the challenges faced by manufacturers and healthcare providers operating in this market. Overcoming these obstacles will require concerted efforts to educate stakeholders, improve affordability, address safety concerns, and streamline regulatory processes.
The Global Phototherapy Market is primarily driven by the increasing prevalence of skin disorders such as psoriasis, eczema, and vitiligo, which require phototherapy as an effective treatment option. Additionally, the rising awareness about the benefits of phototherapy in treating neonatal jaundice in infants is contributing to market growth. Technological advancements in phototherapy devices, leading to enhanced efficacy and reduced side effects, are also fueling market expansion. Moreover, the growing geriatric population, who are more susceptible to various skin conditions, is further boosting the demand for phototherapy treatments. Furthermore, favorable reimbursement policies for phototherapy procedures in developed countries and the increasing adoption of home-based phototherapy devices are expected to drive the market in the coming years.
Government policies related to the Global Phototherapy Market vary across countries. In the United States, the Food and Drug Administration (FDA) regulates the approval and marketing of phototherapy devices to ensure safety and efficacy. In European countries, such as Germany and the UK, reimbursement policies play a significant role in the adoption of phototherapy treatments, with government healthcare systems covering certain procedures. In developing countries, government initiatives aim to improve access to phototherapy equipment in healthcare facilities to address skin conditions like jaundice in newborns. Overall, government policies in the Global Phototherapy Market focus on regulating product safety, promoting reimbursement schemes, and increasing access to treatment in healthcare settings.
The Global Phototherapy Market is expected to witness steady growth in the coming years, driven by factors such as the increasing prevalence of skin disorders like psoriasis, eczema, and vitiligo. Technological advancements in phototherapy devices, coupled with rising awareness about the effectiveness of light-based treatments, are also contributing to market expansion. Furthermore, the growing demand for non-invasive and cost-effective treatment options is likely to fuel market growth. However, regulatory challenges and the high cost of phototherapy equipment could pose some hindrances to market growth. Overall, the Global Phototherapy Market is anticipated to experience continued growth as healthcare providers and patients increasingly opt for phototherapy as a safe and efficient treatment option for various skin conditions.
In the global phototherapy market, Asia Pacific is expected to witness significant growth due to the rising prevalence of skin disorders and increasing healthcare expenditure in countries like China and India. North America leads the market with advanced healthcare infrastructure and high adoption of phototherapy treatments for conditions such as psoriasis and vitiligo. Europe follows closely with a strong emphasis on research and development activities in phototherapy technologies. The Middle East and Africa region is projected to experience moderate growth driven by improving healthcare facilities and awareness about phototherapy benefits. Latin America is also showing promising growth prospects due to the increasing incidence of skin disorders and the adoption of advanced phototherapy devices by healthcare providers in the region.
Global Phototherapy 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 Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Phototherapy Market Revenues & Volume, 2021 & 2031F |
3.3 Global Phototherapy Market - Industry Life Cycle |
3.4 Global Phototherapy Market - Porter's Five Forces |
3.5 Global Phototherapy Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Phototherapy Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Phototherapy Market Revenues & Volume Share, By Radiation, 2021 & 2031F |
3.8 Global Phototherapy Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Phototherapy Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Global Phototherapy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Phototherapy Market Trends |
6 Global Phototherapy Market, 2021 - 2031 |
6.1 Global Phototherapy Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Phototherapy Market, Revenues & Volume, By Conventional Phototherapy Equipment, 2021 - 2031 |
6.1.3 Global Phototherapy Market, Revenues & Volume, By LED Phototherapy Equipment, 2021 - 2031 |
6.1.4 Global Phototherapy Market, Revenues & Volume, By Fiberoptic Phototherapy Equipment, 2021 - 2031 |
6.1.5 Global Phototherapy Market, Revenues & Volume, By Germicidal lamps and Accessories, 2021 - 2031 |
6.2 Global Phototherapy Market, Revenues & Volume, By Radiation, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Phototherapy Market, Revenues & Volume, By UVA, 2021 - 2031 |
6.2.3 Global Phototherapy Market, Revenues & Volume, By UVB, 2021 - 2031 |
6.2.4 Global Phototherapy Market, Revenues & Volume, By UVC, 2021 - 2031 |
6.3 Global Phototherapy Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Phototherapy Market, Revenues & Volume, By Skin Disease Treatment, 2021 - 2031 |
6.3.3 Global Phototherapy Market, Revenues & Volume, By Neonatal Jaundice Management, 2021 - 2031 |
6.3.4 Global Phototherapy Market, Revenues & Volume, By Sterilization, 2021 - 2031 |
6.4 Global Phototherapy Market, Revenues & Volume, By End-User, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Phototherapy Market, Revenues & Volume, By Hospital and Clinic, 2021 - 2031 |
6.4.3 Global Phototherapy Market, Revenues & Volume, By Dermatology Center, 2021 - 2031 |
6.4.4 Global Phototherapy Market, Revenues & Volume, By Homecare, 2021 - 2031 |
7 North America Phototherapy Market, Overview & Analysis |
7.1 North America Phototherapy Market Revenues & Volume, 2021 - 2031 |
7.2 North America Phototherapy Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Phototherapy Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Phototherapy Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Phototherapy Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Phototherapy Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Phototherapy Market, Revenues & Volume, By Radiation, 2021 - 2031 |
7.5 North America Phototherapy Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Phototherapy Market, Revenues & Volume, By End-User, 2021 - 2031 |
8 Latin America (LATAM) Phototherapy Market, Overview & Analysis |
8.1 Latin America (LATAM) Phototherapy Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Phototherapy Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Phototherapy Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Phototherapy Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Phototherapy Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Phototherapy Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Phototherapy Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Phototherapy Market, Revenues & Volume, By Radiation, 2021 - 2031 |
8.5 Latin America (LATAM) Phototherapy Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Phototherapy Market, Revenues & Volume, By End-User, 2021 - 2031 |
9 Asia Phototherapy Market, Overview & Analysis |
9.1 Asia Phototherapy Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Phototherapy Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Phototherapy Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Phototherapy Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Phototherapy Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Phototherapy Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Phototherapy Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Phototherapy Market, Revenues & Volume, By Radiation, 2021 - 2031 |
9.5 Asia Phototherapy Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Phototherapy Market, Revenues & Volume, By End-User, 2021 - 2031 |
10 Africa Phototherapy Market, Overview & Analysis |
10.1 Africa Phototherapy Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Phototherapy Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Phototherapy Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Phototherapy Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Phototherapy Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Phototherapy Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Phototherapy Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Phototherapy Market, Revenues & Volume, By Radiation, 2021 - 2031 |
10.5 Africa Phototherapy Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Phototherapy Market, Revenues & Volume, By End-User, 2021 - 2031 |
11 Europe Phototherapy Market, Overview & Analysis |
11.1 Europe Phototherapy Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Phototherapy Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Phototherapy Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Phototherapy Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Phototherapy Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Phototherapy Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Phototherapy Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Phototherapy Market, Revenues & Volume, By Radiation, 2021 - 2031 |
11.5 Europe Phototherapy Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Phototherapy Market, Revenues & Volume, By End-User, 2021 - 2031 |
12 Middle East Phototherapy Market, Overview & Analysis |
12.1 Middle East Phototherapy Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Phototherapy Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Phototherapy Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Phototherapy Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Phototherapy Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Phototherapy Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Phototherapy Market, Revenues & Volume, By Radiation, 2021 - 2031 |
12.5 Middle East Phototherapy Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Phototherapy Market, Revenues & Volume, By End-User, 2021 - 2031 |
13 Global Phototherapy Market Key Performance Indicators |
14 Global Phototherapy Market - Export/Import By Countries Assessment |
15 Global Phototherapy Market - Opportunity Assessment |
15.1 Global Phototherapy Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Phototherapy Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Phototherapy Market Opportunity Assessment, By Radiation, 2021 & 2031F |
15.4 Global Phototherapy Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Phototherapy Market Opportunity Assessment, By End-User, 2021 & 2031F |
16 Global Phototherapy Market - Competitive Landscape |
16.1 Global Phototherapy Market Revenue Share, By Companies, 2024 |
16.2 Global Phototherapy Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |