Product Code: ETC8848759 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The phototherapy market is seeing consistent growth in the Philippines, largely due to its effectiveness in treating neonatal jaundice, psoriasis, and eczema. The availability of LED-based phototherapy units is improving access, especially in remote healthcare centers.
Phototherapy is a well-established treatment for neonatal jaundice and certain dermatological conditions in the Philippines. Increasing institutional births and improved neonatal care are driving its use. Dermatological clinics also utilize phototherapy to manage psoriasis and eczema, contributing to sustained market growth.
The phototherapy market in the Philippines is hindered by unequal access to treatment facilities, especially in rural and underserved regions. While phototherapy remains a standard treatment for conditions like neonatal jaundice and certain skin disorders, many healthcare facilities lack updated equipment. Public hospitals often struggle with budget constraints, and there is limited insurance coverage for such therapies, affecting patient affordability.
The phototherapy market is expanding, fueled by neonatal jaundice treatment, dermatology, and seasonal affective disorder management. Investment opportunities are available in setting up neonatal care units, offering blue light therapy equipment to hospitals, and collaborating with dermatology clinics to expand light-based skin treatments.
The phototherapy market benefits from broader healthcare reforms such as the implementation of the Universal Health Care Act, which aims to make modern treatments more accessible. The DOH also promotes the procurement of phototherapy equipment for neonatal jaundice in government hospitals. While there are no specific tax incentives for phototherapy devices, the Medical Device Regulation under the Food and Drug Administration (FDA) ensures safety and supports market entry.
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 Philippines Phototherapy Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Phototherapy Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Phototherapy Market - Industry Life Cycle |
3.4 Philippines Phototherapy Market - Porter's Five Forces |
3.5 Philippines Phototherapy Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Phototherapy Market Revenues & Volume Share, By Radiation, 2021 & 2031F |
3.7 Philippines Phototherapy Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Phototherapy Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Philippines Phototherapy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Phototherapy Market Trends |
6 Philippines Phototherapy Market, By Types |
6.1 Philippines Phototherapy Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Phototherapy Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Phototherapy Market Revenues & Volume, By Conventional Phototherapy Equipment, 2021- 2031F |
6.1.4 Philippines Phototherapy Market Revenues & Volume, By LED Phototherapy Equipment, 2021- 2031F |
6.1.5 Philippines Phototherapy Market Revenues & Volume, By Fiberoptic Phototherapy Equipment, 2021- 2031F |
6.1.6 Philippines Phototherapy Market Revenues & Volume, By Germicidal lamps and Accessories, 2021- 2031F |
6.2 Philippines Phototherapy Market, By Radiation |
6.2.1 Overview and Analysis |
6.2.2 Philippines Phototherapy Market Revenues & Volume, By UVA, 2021- 2031F |
6.2.3 Philippines Phototherapy Market Revenues & Volume, By UVB, 2021- 2031F |
6.2.4 Philippines Phototherapy Market Revenues & Volume, By UVC, 2021- 2031F |
6.3 Philippines Phototherapy Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Phototherapy Market Revenues & Volume, By Skin Disease Treatment, 2021- 2031F |
6.3.3 Philippines Phototherapy Market Revenues & Volume, By Neonatal Jaundice Management, 2021- 2031F |
6.3.4 Philippines Phototherapy Market Revenues & Volume, By Sterilization, 2021- 2031F |
6.4 Philippines Phototherapy Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Philippines Phototherapy Market Revenues & Volume, By Hospital and Clinic, 2021- 2031F |
6.4.3 Philippines Phototherapy Market Revenues & Volume, By Dermatology Center, 2021- 2031F |
6.4.4 Philippines Phototherapy Market Revenues & Volume, By Homecare, 2021- 2031F |
7 Philippines Phototherapy Market Import-Export Trade Statistics |
7.1 Philippines Phototherapy Market Export to Major Countries |
7.2 Philippines Phototherapy Market Imports from Major Countries |
8 Philippines Phototherapy Market Key Performance Indicators |
9 Philippines Phototherapy Market - Opportunity Assessment |
9.1 Philippines Phototherapy Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Phototherapy Market Opportunity Assessment, By Radiation, 2021 & 2031F |
9.3 Philippines Phototherapy Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Phototherapy Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Philippines Phototherapy Market - Competitive Landscape |
10.1 Philippines Phototherapy Market Revenue Share, By Companies, 2024 |
10.2 Philippines Phototherapy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |