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Infant Phototherapy Devices Market Scope and overview, with Highest growth in the near future by leading key players

Report Ocean presents a new report on global infant phototherapy devices market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future.

The global infant phototherapy devices market was valued at $71,730 thousand in 2020, and is expected to reach $103,745 thousand by 2026, growing at a CAGR of 5.3% from 2021 to 2026.

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In order to produce a holistic assessment of the market, a variety of factors is considered, including demographics, business cycles, and microeconomic factors specific to the market under study. Global infant phototherapy devices marketreport 2021 also contains a comprehensive business analysis of the state of the business, which analyzes innovative ways for business growth and describes critical factors such as prime manufacturers, production value, key regions, and growth rate.

The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.

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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.

Phototherapy refers to the use of light for the treatment of jaundice in infants. It is one of the most common methods used to reduce the bilirubin (the compound that leads to jaundice) levels in infants. During phototherapy, an infant lies in a plastic crib, and is exposed to a type of light that is absorbed by its skin. During this process, the bilirubin in the baby’s body is converted into a much simpler water-soluble form, which can be easily excreted through stool and urine.

The growth of the global infant phototherapy devices market is driven by rise in prevalence of neonatal jaundice, effectiveness of phototherapy over other treatment methods, and technological advancements in the field of infant phototherapy. However, side effects of phototherapy treatment are expected to impede the market growth. Conversely, huge market potential in the developing regions is expected to offer opportunities for market growth during the forecast period.

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KEY BENEFITS FOR STAKEHOLDERS

The study provides an in-depth analysis of the market along with current trends and future estimations to elucidate the imminent investment pockets.
It offers a quantitative analysis from 2016 to 2023, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
Analysis by light source helps to understand the various types of light sources used in infant phototherapy devices.
Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.
Key players are profiled, and their strategies are analyzed thoroughly to understand the competitive outlook of the global market.

KEY MARKET SEGMENTS

By Light Source

Fluorescent Lamps (FL)
Light-emitting Diodes (LEDs)
Quartz Halogen Lamps
Gas Discharge Tubes

By Configuration

Mobile Device
Fixed Device

By End User

Hospital
Neonatal Clinics

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By Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA

LIST OF KEY PLAYERS PROFILED IN THE REPORT

Atom Medical Corporation
AVI Healthcare Pvt. Ltd.
D-Rev
General Electric Company
Ibis Medical Equipment & Systems Pvt. Ltd.
Natus Medical Incorporated
Ningbo David Medical Device Co., LTD.
Novos Medical Devices San. Tic. Imp. and Ihr. Ltd. Sti.
Weyer GmbH
Zhengzhou Dison Instrument and Meter Co., Ltd.

LIST OF OTHER PLAYERS IN THE VALUE CHAIN (These players are not profiled in the report. The same will be included on request)

Istanbul Medikal Ltd. Sti.
Elektro-mag
Ardo medical AG
S S Technomed Pvt. Ltd.
TSE SPOL. S. R. O.
Okuman Medikal Sistemler Ltd.
Alfamedic S.R.O.
Phoenix Medical Systems (P) Ltd.

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What are the aspects of this report that relate to regional analysis?

The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.

Reports on the market include the growth rates of each region, which includes their countries, over the coming years.

How are the key players in the market assessed?

This report provides a comprehensive analysis of leading competitors in the market.

The report includes information about the key vendors in the market.

The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.

The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.

A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.

Following are the questions answered by the Market report:

What are the goals of the report?

This market report shows the projected market size for the pain management devices market at the end of the forecast period. The report also examines the historical and current market sizes.

On the basis of various indicators, the charts present the year-over-year growth (%) and compound annual growth rate (CAGR) for the given forecast period.

The report includes an overview of the market, its geographical scope, its segmentation, and the financial performance of key players.

The report examines the current state of the industry and the potential growth opportunities in North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.

The research report includes various factors contributing to the market’s growth.

The report analyzes the growth rate, market size, and market valuation for the forecast period.

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What factors are taken into consideration when assessing the key market players?

The report analyzes companies across the globe in detail.

The report provides an overview of major vendors in the market, including key players.

Reports include information about each manufacturer, such as profiles, revenue, product pricing, and other pertinent information about the manufactured products.

This report includes a comparison of market competitors and a discussion of the standpoints of the major players.

Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.

What are the key findings of the report?

This report provides comprehensive information on factors expected to influence the market growth and market share in the future.

The report offers the current state of the market and future prospects for various geographical regions.

This report provides both qualitative and quantitative information about the competitive landscape of the market.

Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.

It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.

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Updated : 2022-01-28 00:59 GMT+08:00

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