Jaundice Phototherapy Machine Market was valued at USD 0.25 Billion in 2022 and is projected to reach USD 0.46 Billion by 2030, growing at a CAGR of 8.4% from 2024 to 2030.
The global jaundice phototherapy machine market was valued at approximately USD 420 million in 2022, with a compound annual growth rate (CAGR) of 6.8% projected from 2023 to 2028. This market growth is driven by an increasing prevalence of neonatal jaundice, heightened awareness about early diagnosis and treatment, and advancements in phototherapy technology. The rising birth rates and improvements in healthcare infrastructure, particularly in emerging economies, contribute significantly to the expansion of this market. Additionally, the development of advanced phototherapy units with better efficacy and reduced side effects is anticipated to bolster market growth.
Emerging opportunities in the jaundice phototherapy machine market include the potential for growth in developing regions where healthcare facilities are expanding and improving. The increasing investment in healthcare infrastructure, coupled with rising government initiatives to address neonatal health, is expected to create a favorable environment for market expansion. Moreover, technological advancements such as the integration of smart features and portable units are likely to drive market growth further. The market is also witnessing a trend towards the development of cost-effective solutions, catering to the needs of low-resource settings and potentially opening new avenues for market players.
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Atom Medical
Bejing Julongsanyou
Cobams
Darger
Dison
Fanem
GE Healthcare
Ibis Medical
JW Medical
Medicor
Mediprema
Natus
Ningbo David Medical
Philips
Phoenix
Shvabe Zurich
SS Technomed
Weyer
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Jaundice Phototherapy Machine Market
Hospital
Clinic
Others
Based on Types the Market is categorized into Below types that held the largest Jaundice Phototherapy Machine market share In 2023.
Mobile
Desktop
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Jaundice Phototherapy Machine Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Jaundice Phototherapy Machine Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Jaundice Phototherapy Machine Market, By Type
6. Global Jaundice Phototherapy Machine Market, By Application
7. Global Jaundice Phototherapy Machine Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Jaundice Phototherapy Machine Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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