Global Phototherapy market cagr 7.00%

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Phototherapy Market

Phototherapy Market Scope: Industry Analysis,

Market Size, Growth, Trends Till 2031

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Phototherapy Market Size and Growth

The global phototherapy market is projected to grow at a steady rate due to the rising prevalence of skin disorders and increasing awareness about aesthetic treatments. The market size is estimated to be $909.7 million by 2026, driven by technological advancements and growing demand for noninvasive therapies.

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Companies Covered

(Covid 19 Impact Covered)

◍ Natus Medical

◍ GE Healthcare

◍ Herbert Waldmann

◍ Draeger

◍ Philips Lighting

◍ National Biological

◍ MTTS Asia

◍ PhotoMedex

◍ VIA Global Health

◍ Beurer

◍ Daavlin

◍ Nice Neotech

◍ Guangzhou Beautylife Electronic Technology

The market for phototherapy is competitive with key players such as Natus Medical, GE Healthcare, Herbert Waldmann, Draeger, and others. These companies offer a range of phototherapy devices for various medical conditions. They contribute to the growth of the market through innovative products, strategic partnerships, and expanding distribution networks.

- Natus Medical: $422.7 million

- GE Healthcare: $19.22 billion

- Philips Lighting: $7.57 billion

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Market Segmentation

By Application

Hospitals & Clinics

Dermatology Center

Homecare

By

Product

◍ UV Light Phototherapy

Intense Pulsed Light Phototherapy

Blue Light Phototherapy

Red Light Phototherapy

Others

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$ 343.64 Million

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Market Growth
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