North America Phototherapy Equipment Market Size & Outlook
North America phototherapy equipment market, 2018-2030 (US$M)
Related Markets
North America phototherapy equipment market highlights
- The North America phototherapy equipment market generated a revenue of USD 153.3 million in 2023.
- The market is expected to grow at a CAGR of 3.1% from 2024 to 2030.
- In terms of segment, led-based phototherapy equipment was the largest revenue generating product in 2023.
- LED-based Phototherapy Equipment is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 153.3 million |
| Market revenue in 2030 | USD 189.6 million |
| Growth rate | 3.1% (CAGR from 2023 to 2030) |
| Largest segment | Led-based phototherapy equipment |
| Fastest growing segment | LED-based Phototherapy Equipment |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional Phototherapy Equipment, LED-based Phototherapy Equipment, Fiberoptic Phototherapy Equipment |
| Key market players worldwide | Signify NV, GE HealthCare Technologies Inc Common Stock, Natus Medical, Atom Medical, Phoenix Group Holdings PLC |
Other key industry trends
- In terms of revenue, North America region accounted for 38.7% of the global phototherapy equipment market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 131.4 million by 2030.
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Phototherapy Equipment Market Scope
Phototherapy Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America phototherapy equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to phototherapy equipment market will help companies and investors design strategic landscapes.
Led-based phototherapy equipment was the largest segment with a revenue share of 48.4% in 2023. Horizon Databook has segmented the North America phototherapy equipment market based on conventional phototherapy equipment, led-based phototherapy equipment, fiberoptic phototherapy equipment covering the revenue growth of each sub-segment from 2018 to 2030.
- North America Phototherapy Equipment Product Outlook (Revenue, USD Million, 2018-2030)
- Conventional Phototherapy Equipment
- Fluorescent Lamp
- Compact Fluorescent Lamp
- LED-based Phototherapy Equipment
- Fiberoptic Phototherapy Equipment
- Conventional Phototherapy Equipment
- North America Phototherapy Equipment Application Outlook (Revenue, USD Million, 2018-2030)
- Skin Disease
- Vitiligo
- Psoriasis
- Eczema
- Other Skin Diseases
- Neonatal Jaundice
- Skin Disease
- North America Phototherapy Equipment End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals & Clinics
- Homecare
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Target buyers of North America phototherapy equipment market databook
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Our clientele includes a mix of phototherapy equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America phototherapy equipment market, including forecasts for subscribers. This continent databook contains high-level insights into North America phototherapy equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America phototherapy equipment market size, by country, 2018-2030 (US$M)
North America Phototherapy Equipment Market Share, 2023 & 2030 (US$M)
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