Infant Phototherapy Devices Market size was valued at USD 500 Million in 2024 and is projected to reach USD 900 Million by 2033, exhibiting a CAGR of 7.5% from 2026 to 2033.
In 2022, the global infant phototherapy devices market was valued at approximately USD 97.85 million and is projected to reach USD 147.65 million by 2032, reflecting a compound annual growth rate (CAGR) of 4.2% over the forecast period. North America held a significant portion of this market, driven by a well established medical device industry, a high incidence of jaundice diagnosis and treatment, and the availability of technologically advanced treatment options. Specifically, the United States contributed notably to the regional market share, supported by advancements in infant phototherapy device technology and increased awareness of neonatal care. The Asia Pacific region is anticipated to experience substantial growth during the forecast period, attributed to a rise in newborn jaundice prevalence and the frequency of preterm deliveries. Chinas market size was valued at USD 4.18 billion in 2022 and is expected to reach USD 14.67 billion by 2030, growing at a CAGR of 3.7%. This growth is driven by increased consumer awareness of modern phototherapy and expanding healthcare infrastructure. Similarly, Indias market was valued at USD 2.95 billion in 2022 and is projected to reach USD 7.30 billion by 2030, with a CAGR of 3.2%, supported by the presence of phototherapy equipment manufacturers and a well developed healthcare system.
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Atom Medical Corporation
AVI Healthcare Pvt.
D-Rev
GE Healthcare
Ibis Medical Equipment & Systems Pvt.
Natus Medical Incrporated
Ningbo David Medical Device Co
Fanem
Weyer GmbH
Zhengzhou Dison Instrument and Meter Co
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. 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 Infant Phototherapy Devices Market
Conventional Phototherapy Devices
LED Phototherapy Devices
Compact Phototherapy Devices
Fiber-Optic Phototherapy Systems
Portable Phototherapy Devices
Wall-Mounted Phototherapy Devices
Mobile Phototherapy Units
Neonatal Jaundice Treatment
Hemolytic Disease of the Newborn (HDN) Treatment
Other Medical Conditions
Hospitals
Clinics
Home Care Settings
Direct Sales
Distributors
Online Retailers
Medical Supply Stores
US (United States, US 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 Infant Phototherapy Devices 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 Infant Phototherapy Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Infant Phototherapy Devices Market, By Type
6. Global Infant Phototherapy Devices Market, By Application
7. Global Infant Phototherapy Devices Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Infant Phototherapy Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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