Global Phototherapy Unit market cagr 12.1%

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Phototherapy Unit Market

Phototherapy Unit Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Phototherapy Unit Market Size and Growth

The Phototherapy Unit market is experiencing growth driven by rising incidences of skin disorders and neonatal jaundice. In 2023, the market is valued at approximately $500 million, with projections indicating continued expansion due to technological advancements and increasing healthcare awareness. Competitive dynamics are influenced by product innovation and regulatory frameworks.

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Companies Covered

(Covid 19 Impact Covered)

◍ "SS Technomed"

◍ "Medzell"

◍ "Soft Imaging & Medical Solutions"

◍ "Medical Equipment India"

◍ "Modern Surgical House"

◍ "GPC Medical"

◍ "ASCO Medical"

◍ "Narang Medical"

◍ "Advin Health Care"

◍ "Ibis Medical"

◍ "NaugraMedical"

◍ "Apex Medical Systems"

◍ "Healicom"

◍ "Heal Force Group"

The phototherapy unit market is competitive, with companies like SS Technomed, Medzell, and GPC Medical enhancing product offerings and expanding distribution channels. They drive growth through innovation and quality, targeting neonatal jaundice treatment. While specific revenue data isn't provided, these entities collectively contribute significantly to market expansion.

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Market Segmentation

By Application

"Hospital"

"Clinic"

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By Product

"Double Surface Phototherapy Unit"

"Single Surface Phototherapy Unit"

Market Growth

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$ X Billion USD

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