Infant Phototherapy Market Report 2023: Featuring Atom Medical, Natus Medical, Ningbo David, Koninklijke Philips, Becton, Dickson, Inspiration Healthcare Group, Nihon Kohden & Dragerwerk - GlobeNewswire

Dublin, Jan. 23, 2023 (GLOBE NEWSWIRE) -- The "Infant Phototherapy Market, Global Forecast 2023-2027, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis" study has been added to ResearchAndMarkets.com's offering.

Global Infant Phototherapy Device Market volition scope USD 117.80 Million successful 2027 by expanding astatine a CAGR of 4.44 from 2022 to 2027, according to the publisher. Phototherapy is 1 of the astir indispensable and casual methods to dainty neonatal jaundice infants. With phototherapy, i.e., the usage of light, the bilirubin level successful an babe tin beryllium reduced, which leads to jaundice. In the treatment, airy waves are absorbed by the tegument and humor of the infant, succeeding successful the nonaccomplishment of bilirubin.

According to the (UK) National Collaborating Centre for Women's and Children's Health estimates, Jaundice is 1 of the astir communal conditions requiring aesculapian attraction successful newborn babies. Approximately 60% of word and much than 80% of preterm babies make jaundice successful the archetypal week of life, and astir 10% of breastfed babies are inactive jaundiced astatine 1 period of age.

Infant phototherapy devices are clinically proven and technologically precocious instruments that assistance successful treating neonatal jaundice. They besides assistance cure hyperbilirubinemia by irradiating the babe with airy that oxidizes the bilirubin successful the blood. As they are convenient and low-cost, time-saving, their exertion is expanding successful hospitals and nursing homes crossed the global. According to our probe report, the Worldwide Infant Phototherapy Market was US$ 94.82 Million successful 2022.

According to World Health Organization (WHO), India's existent babe mortality complaint successful 2022 is 27.69/1000 deaths per unrecorded birth, a 3.74% diminution from 2021. Increases successful the effectiveness of phototherapy emergence successful the fig of patients with neonatal jaundice are expected to thrust the Global Infant Phototherapy Device Market. Furthermore, low-ease attraction and the improvement of healthcare infrastructure are besides expected to propel important marketplace growth. However, the broadside effect of phototherapy attraction and alternate modes of treatment, specified arsenic IVIG attraction & speech transfusion, are expected to restrain the maturation of the Global Infant Phototherapy industry.

Fluorescent Lamps predominate the Market

By Type, the Global Infant Phototherapy Market has been categorized into; Fluorescent Lamps (FL), Light Emitting Diodes (Led), Quartz Halogen Lamps, and Gas Discharge Tubes. The Fluorescent Lamps volition predominate the marketplace astatine a precocious CAGR during the upcoming play owed to the rising healthcare expenses from backstage insurers and the authorities arsenic good arsenic accelerated technological developments.

Mobile instrumentality holds the largest market

Depending upon Configuration, the Global Infant Photography Market is segmented into 2 types Mobile Devices and Fixed Devices. The mobile instrumentality volition clasp the largest marketplace stock owed to full serum belibirum (TSB) values, which reveals an inexpensive exertion that uses commodity smartphones to efficaciously surface newborns for jaundice.

Hospitals are gaining much marketplace share

The marketplace is differentiated into 2 types Hospital and Neonatal Clinics. Hospitals volition predominate the worldwide owed to accrued request for phototherapy devices. The superior factors driving the enlargement of hospitals are patients' rising propensity to question attraction successful hospitals and the precocious measurement of surgeries performed.

North America is 1 of the astir important Regions

Based connected Region, the Global Infant Phototherapy Devices Market has been segmented into Europe, North America, Asia-Pacific, and Rest of World. North America dominates the marketplace gross owed to emergence successful numbers of diagnosis and attraction of jaundice, High R&D infrastructure facilities, expanding user awareness, precocious wellness attraction infrastructure, beingness of cardinal players, heightened consciousness towards phototherapy devices are among the population, and technological advancements successful the portion driving the marketplace effectively.

Europe besides holds the important stock successful the planetary babe phototherapy market, attributed to the accrued complaint of attraction and diagnosis of jaundice, availability of products, and highly developed wellness care. Asia Pacific is besides gaining much marketplace stock successful upcoming years owed to caller improvement successful countries similar India, and China.

Key Players Insight

Key players successful Global Infant Phototherapy Market are Atom Medical Corporation, Natus Medical Incorporated, Ningbo David Medical Device Co., Ltd, Koninklijke Philips N.V, Becton, Dickson and Company, Inspiration Healthcare Group Plc., Nihon Kohden and Dragerwerk AG & Co. KGaA.

In 2022, The Atom Medical Corporation merchandise sanction Atom Phototherapy Analyzer II instrumentality measuring some the irradiance utile for phototherapy and the luminance successful the NICU provides effectual attraction for neonatal jaundice.

By Type: The Global Infant Phototherapy Market is break-up into 4 parts:

1. Fluorescent Lamps (FL)
2. Light Emitting Diodes (Led)
3. Quartz Halogen Lamps
4. Gas Discharge Tubes

By Configuration: The Global Infant Photography Market is break-up into 2 types:

1. Mobile Devices
2. Fixed Devices

By End Users: The Global Infant Photography Market is break-up into 2 types:

1. Hospital and
2. Neonatal Clinics

Region: The Global Infant Photography Market is break-up into 4 types:

1. North America
2. Europe
3. Asia-Pacific
4. Rest of World