According to our (Global Info Research) latest study, the global Phototherapy Treatment market size was valued at US$ 452 million in 2024 and is forecast to a readjusted size of USD 645 million by 2031 with a CAGR of 5.3% during review period.
Phototherapy treatment is a medical therapy that uses light to treat various health conditions, particularly skin disorders and certain types of jaundice. The therapy involves exposing the skin to ultraviolet (UV) light or visible light under controlled conditions, which can help in the treatment of conditions like psoriasis, eczema, vitiligo, and neonatal jaundice. Phototherapy can be administered through special lightboxes, lamps, or handheld devices. By penetrating the skin, the light helps to regulate the immune system, reduce inflammation, and promote the healing of skin cells. In the case of jaundice in newborns, phototherapy is used to break down excess bilirubin in the bloodstream, aiding in its removal and improving the infant’s condition.
The phototherapy treatment market is primarily driven by the increasing prevalence of skin disorders, such as psoriasis, eczema, and vitiligo, as well as the rising rates of neonatal jaundice, which necessitate effective treatments. The growing awareness of the benefits of light-based therapies and their non-invasive nature has also contributed to the market's expansion. Phototherapy is considered a safe and effective alternative to more aggressive treatments, such as systemic medications, and is gaining traction in both developed and emerging markets. Additionally, advancements in phototherapy devices, such as home-use phototherapy systems and portable light therapy units, are making treatment more accessible and convenient for patients, further fueling market growth.
However, the phototherapy treatment market faces several challenges, including the potential side effects of long-term UV exposure, such as skin aging and an increased risk of skin cancer. There are also concerns related to the cost of high-quality phototherapy devices, which can be prohibitively expensive for some patients, especially in low-income regions. Moreover, while phototherapy is effective for certain conditions, it may not be suitable for all patients, and the need for consistent treatment regimens can be a barrier for patient adherence. The market also faces regulatory hurdles in terms of device safety and efficacy, requiring manufacturers to comply with stringent medical standards and obtain necessary approvals.
Global key players of Phototherapy Treatment include GE Healthcare, Atom Medical, Draeger, Herbert Waldmann, Natus Medical, Daavlin, Beurer and National Biological, etc. Top three players occupy for a share about 19%. North America is the largest market, with a share about 31%, followed by Europe and Asia-Pacific. In terms of product, LED Phototherapy Treatment is the largest segment, with a share over 59%. In terms of application, Hospital and Clinic is the largest market, with a share over 84%.
This report is a detailed and comprehensive analysis for global Phototherapy Treatment market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Phototherapy Treatment market size and forecasts, in consumption value ($ Million), 2020-2031
Global Phototherapy Treatment market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Phototherapy Treatment market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Phototherapy Treatment market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Phototherapy Treatment
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Phototherapy Treatment market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GE Healthcare, Atom Medical, Draeger, Herbert Waldmann, Natus Medical, Daavlin, Beurer, National Biological, DAVID, Solarc Systems, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Phototherapy Treatment market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Conventional
LED
Fiberoptic
Market segment by Application
Hospital & Clinic
Home
Market segment by players, this report covers
GE Healthcare
Atom Medical
Draeger
Herbert Waldmann
Natus Medical
Daavlin
Beurer
National Biological
DAVID
Solarc Systems
UVBioTek
MTTS Asia
Nice Neotech
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Phototherapy Treatment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Phototherapy Treatment, with revenue, gross margin, and global market share of Phototherapy Treatment from 2020 to 2025.
Chapter 3, the Phototherapy Treatment competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Phototherapy Treatment market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Phototherapy Treatment.
Chapter 13, to describe Phototherapy Treatment research findings and conclusion.
Summary:
Get latest Market Research Reports on Phototherapy Treatment. Industry analysis & Market Report on Phototherapy Treatment is a syndicated market report, published as Global Phototherapy Treatment Market 2025 by Company, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Phototherapy Treatment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.