Global Neonatal Phototherapy Devices Market Outlook 2022

Neonatal phototherapy devices are medical devices which are used for the treatment of neonatal jaundice. Neonatal jaundice occurs in majority of newborn babies and if untreated, it may cause severe hyperbilirubinemia that leads to neurological damage or death.
Global Neonatal Phototherapy Devices key players include GE Healthcare, Atom Medical, Philips, Natus, Drager, etc. Global top five manufacturers hold a share about 60%.
North America is the largest market, with a share over 35%, followed by Japan, and Europe, both have a share over 30 percent.
In terms of product, Phototherapy Lamp is the largest segment, with a share over 80%. And in terms of application, the largest application is Hospitals and Clinics, followed by Birthing Centers, etc.

The global Neonatal Phototherapy Devices market was valued at US$ 207 million in 2020 and is expected to reach US$ 285 million by the end of 2027, growing at a CAGR of 4.7% during 2021-2027.
This report focuses on Neonatal Phototherapy Devices volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Neonatal Phototherapy Devices market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Neonatal Phototherapy Devices Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Phototherapy Lamp
Phototherapy Blanket

Segment by Application
Hospitals and Clinics
Birthing Centers
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
GE Healthcare
Atom Medical
Drager
Philips
Natus
Ningbo David Medical
Weyer
D-Rev
Novos Medical