The Arrival of Cost-Efficient and Superior Phototherapy Equipment Boosting the Growth of Phototherapy Device Market

. As per the latest report published by Fact.MR, the global phototherapy devices market will expand at 4.7% CAGR over the forecast period (2017-2022)


Rockville, MD -- (SBWIRE) -- 02/12/2019 -- Growing burden of skin ailments such as psoriasis and eczema have diversified scope of phototherapy devices market. Topical treatments associated with skin disorders render severe side effects over time. In this light, adoption of phototherapy has emerged as a desirable alternative which is expected to spike demands for phototherapy devices.

Technological improvements for enhanced recovery outcome has been instrumental in driving growth in phototherapy devices market. Evolution of phototherapy devices such as emergence of LED devices has significantly replaced conventional phototherapy devices over the years. However, absence of skilled expertise to determine accurate dosage and wavelength remains a crucial challenges which are likely to impede growth.

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A critical application of phototherapy is in the treatment of neonatal jaundice. One of the primary reasons for astounding infant mortality is accounted to neonatal jaundice. Fiber optic phototherapy is an advanced variant of phototherapy that is employed to treat cases of neonatal jaundice amongst premature born infants, besides being used in dermatology treatments. However, conventional phototherapy devices are likely to witness maximum demands amongst end-users. Leading market players are integrating ample resources to further advance device technology pertaining phototherapy.

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Phototherapy Devices Market: Overview

The phototherapy devices market has been analyzed in detail to offer definitive forecast insights on the market for the period 2017-22. This report is an exhaustive compilation of a detailed overview of phototherapy devices market and analyzes the market in terms of market dynamics, macro and micro-economic determinants that shape market growth, also shedding light on other relevant factors that direct future prospects of phototherapy devices market trajectory.

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Detailed overview of phototherapy devices market spectrum presented in the report banks upon a robust research methodology comprising primary and secondary researches that divulge relevant and timely market intelligence figures. Voluminous information recorded in the report with the aid of these research approaches have been meticulously validated by in-house research analysts.

Phototherapy Devices Market: Competition Landscape

This section of the report offers a detailed section on key contributors in phototherapy devices market. A dashboard view of each of the mentioned profiles complete with detailed insights on their respective SWOT analysis along with detailed assessment of their product portfolio, market contribution, as well as recent developments have been slated to aid readers' understanding about the competition spectrum.

The report allows readers to maneuver competitive and tactical business strategies based on aforementioned insights and ensure sustained revenue pools in phototherapy devices market.

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