(PharmaNewsWire.Com, July 14, 2017 ) According to Publisher, the Global Phototherapy Equipment market is accounted for $474.56 million in 2016 and is expected to reach $660.48 million by 2022 growing at a CAGR of 5.7% during the forecast period 2016 to 2022. The prevailing situations of skin disorders across the globe had created demand for the Phototherapy Equipment market. The rising incidence of neonatal jaundice across the developed and developing countries had driven the market, in addition to that technological advancements are also driving the market. However, use of alternative mode of treatment such as topical and systemic therapy is restraining the market.
Skin Disease Treatment is expected to dominate the application market on account of prevailing occurrence of severe skin disorders such as eczema, psoriasis and acne. Hospitals segment is witnessing huge market share due to the presence of large number of hospitals in developed and developing countries. North American market is estimated to dominate the global market, attributing to the high prevalence of skin disorders and huge adoption of technologically advanced skin care treatments.
Some of the key players of the Phototherapy Equipment market include Honle UV America, Inc., Arjo huntlleigh, Atom Medical Corporation, Favoro Health Projects spa, GE Healthcare, Herbert Waldmann GmbH & Co. Kg, National Biological Corporation, Natus Medical Incorporated, Nice Neotech Medical Systems Pvt. Ltd., Philips Lighting Holding B.V., Phoenix Medical Systems Pvt. Ltd., Solarc Systems Inc. and The Daavlin Company.
End-Users Covered: -Clinics -Home Care Settings -Hospitals
Regions Covered: -North America-US-Canada-Mexico -Europe-Germany-France-Italy-UK -Spain -Rest of Europe -Asia Pacific-Japan-China-India-Australia-New Zealand-Rest of APAC -Rest of the World-Middle East-Brazil-Argentina-South Africa-Egypt
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