The phototherapy method is very effective in treating neonatal jaundice. This treatment involves neonates being exposed to fluorescent light. This helps them heal faster. It is quite common for newborns to develop jaundice. If it persists, doctors may use phototherapy devices. This device is 10 times more energy efficient than traditional devices and is also significantly cheaper. Stanford Medical Schools, one partner of D-Rev has proven its efficacy in treating jaundice. Compact fluorescent bulbs are the most popular choice for phototherapy because of their ease of use and uniformity. Phototherapy is also known as heliotherapy, light therapy, and light therapy. Phototherapy can be used to treat certain medical conditions. It involves the use of fluorescent light bulbs and other forms of light such as sunlight, halogen lamps, or light-emitting devices. Phototherapy is a method that allows patients to be exposed to light, either natural or indoor, for conditions like vitiligo or jaundice. The phototherapy equipment market is expected to see significant growth due to the development of affordable phototherapy equipment, improved healthcare infrastructure, and increased adoption of home phototherapy. However, the market for phototherapy equipment can be hindered by the low adoption rate in developing nations.
Some of the equipment used in this procedure include a transcutaneous bilirubin meter, jaundice meter, radiant warmers, and other fiberoptic photos. Phototherapy equipment is used with halogen and overhead light-emitting devices (LED), and other phototherapy equipment to reduce wrinkles, stretch marks, and skin damage from the sun. It also improves facial texture and speeds up the healing process. The rapid growth in global phototherapy markets is due to the increase in infant jaundice mortality rates and the rising prevalence of severe skin conditions such as rosacea and eczema. It is expected that LED-based equipment, which can be used for phototherapy, will increase the market growth. Market growth will be driven by increased awareness among patients about advanced treatment options and improved healthcare infrastructure. A rise in demand for phototherapy equipment is expected to be a result of the availability of home-use equipment. A phototherapy is also an option for treating neonatal jaundice. The neonates are treated with phototherapy, where they are exposed to fluorescent light. This accelerates their recovery. The demand for phototherapy equipment is on the rise because of all these factors.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Phototherapy Equipment Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Phototherapy Equipment Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.