Infant Phototherapy Device Market Trends & Summary
The global infant phototherapy device market is valued at US$ 99.95 million in 2024 and is expected to reach US$ 140.92 million by 2033, growing at a compound annual growth rate (CAGR) of 3.89% from 2025 to 2033.
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Growth Drivers in the Infant Phototherapy Market
1. Rising Prevalence of Neonatal Jaundice
The increasing prevalence of neonatal jaundice globally drives the demand for phototherapy devices.
2. Phototherapy Technology Advancement
Technological advancements, including LED-based phototherapy machines, have improved neonatal care.
3. Increased Investment in Neonatal Care
Increased investment in neonatal healthcare infrastructure across developing nations drives the purchase of phototherapy devices.
Challenges in the Infant Phototherapy Market
1. High Cost of Phototherapy Devices
The high cost of phototherapy devices, especially advanced technology, limits widespread adoption.
2. Limited Access in Rural Areas
Rural areas face challenges in accessing quality neonatal care, including phototherapy devices.
Infant Phototherapy Device Market Segments
By Light Source
- Fluorescent Lamps
- Light Emitting Diodes
- Quartz Halogen Lamps
- Gas Discharge Tubes
By Configuration
- Mobile Device
- Fixed Device
By End User
- Hospitals
- Neonatal Clinics
By Country
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Companies in the Infant Phototherapy Market
- Ningbo David Medical Device Co., Ltd
- Koninklijke Philips N.V.
- General Electric Company
- Inspiration Healthcare Group Plc
- Drägerwerk AG & Co. KGaA
- Ibis Medical Equipment and Systems Pvt Ltd.
- Weyer GmbH
- Natus Medical Incorporated
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