The global infant phototherapy devices market was valued at $71,730 thousand in 2016, and is expected to reach $103,745 thousand by 2023, growing at a CAGR of 5.3% from 2017 to 2023.
New York, NY -- (SBWIRE) -- 06/13/2019 -- The global infant phototherapy devices market was valued at $71,730 thousand in 2016, and is expected to reach $103,745 thousand by 2023, growing at a CAGR of 5.3% from 2017 to 2023. 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.
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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.
LIST OF KEY PLAYERS PROFILED IN THE REPORT
Atom Medical Corporation
AVI Healthcare Pvt. Ltd.
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.
Zhengzhou Dison Instrument and Meter Co., Ltd.
The recent report, Infant Phototherapy Devices market fundamentally discovers insights that enable stakeholders, business owners and field marketing executives to make effective investment decisions driven by facts – rather than guesswork. The study aims at listening, analyzing and delivering actionable data on the competitive landscape to meet the unique requirements of the companies and individuals operating in the Infant Phototherapy Devices market for the forecast period, 2019 to 2023. To enable firms to understand the Infant Phototherapy Devices industry in various ways the report thoroughly assesses the share, size and growth rate of the business worldwide.
The study explores what the future Infant Phototherapy Devices market will look like. Most importantly, the research familiarizes product owners with whom the immediate competitors are and what buyers expect and what are the effective business strategies adopted by prominent leaders. To help both established companies and new entrants not only see the disruption but also see opportunities. In-depth exploration of how the industry behaves, including assessment of government bodies, financial organization and other regulatory bodies. Beginning with a macroeconomic outlook, the study drills deep into the sub-categories of the industry and evaluation of the trends influencing the business.
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Global Infant Phototherapy Devices Market Analysis by Application
1 Global Infant Phototherapy Devices Consumption and Market Share by Application (2012-2019)
2 Global Infant Phototherapy Devices Consumption Growth Rate by Application (2012-2019)
3 Market Drivers and Opportunities
3.1 Potential Applications
3.2 Emerging Markets/Countries
The extensive documentation of the Infant Phototherapy Devices industry gives access to all the factors expected to influence the growth prospect of the business worldwide. Nobel effort to capture the factors that impede the growth of the market is clearly visible in the report. These factors result in an effective and reliable branding and promotion and marketing plan. In addition, comprehensive coverage of recent advancements, product nearing development stage, project pipeline, and major industrial players offer all the confidence a business owner needs to design a business strategy that will drive company's success.
Understanding what the audience is looking for in a report the researchers behind this attunes deliverables according to their needs such as product price, demand and supply status, end-use, profit and others. By operating in close alignment with the major vendors, the researchers have customized the literature – based on universal perspective as well as comprehensive knowledge of the local business owners. The document further aims at addressing the different challenges and opportunities of carrying out business operations in North America and beyond.
The Research Provides Answers to the Following Key Questions:
- What is the size of occupied by the prominent leaders for the forecast period, 2019 to 2023? -What will be the share and the growth rate of the Infant Phototherapy Devices Market during the forecast period?
- Which companies are dominating the competitive landscape across different region and what strategies have they applied to gain a competitive edge?
- What are the major factors responsible for the growth of the Infant Phototherapy Devices market across the different regions?
- What are the challenges faced by the companies operating in the Infant Phototherapy Devices Market?
- What are the future prospects for the Infant Phototherapy Devices Market industry in the coming years?
- Which trends are likely to contribute to the development rate of the Infant Phototherapy Devices industry during the forecast period, 2019 to 2023?
- What are the future prospects of the Infant Phototherapy Devices industry for the forecast period, 2019 to 2023?
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