Infant Phototherapy Device Market Report 2024 (Global Edition)

Global Infant Phototherapy Device Market Report 2024 Market Size Split by Light Source (Light-emitting diodes (LEDs), Quartz halogen lamps, Gas discharge tubes, Fluorescent lamps (FL)), by Configurati...

Infant Phototherapy Device Market Report Description

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Infant Phototherapy Device Market Insights Video

Competitive Landscape of the Infant Phototherapy Device Market

The competitive landscape of the Infant Phototherapy Device market is characterized by a range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established infant phototherapy device manufacturing companies, specialized infant phototherapy device companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

January 2024: Amrita Hospital in Faridabad has launched India's first Mother-Neonatal Intensive Care Unit (M-NICU), emphasizing a "zero separation from birth" policy to enhance the bond between mothers and their newborns. This initiative aligns with WHO research on the benefits of immediate Kangaroo Mother Care for neonatal health. (Source: https://www.amritahospitals.org/faridabad/news/amrita-hospital-faridabad-launches-mother-neonatal-intensive-care-unit-focused-zero-birth) April 2023: Motherhood Hospitals, India's leading network of women and children's hospitals, has launched NICU Live, a first-of-its-kind virtual neonatal intensive care unit (NICU) network across India. (Source: https://medgatetoday.com/motherhood-hospitals-first-to-launch-virtual-neonatal-intensive-care-unit-network-across-india/) March 2021: Researchers in Japan have developed the first wearable devices to monitor jaundice in newborns, which is caused by high bilirubin levels and can lead to serious health issues. This innovative technology aims to improve jaundice management while minimizing disruptions to bonding time and reducing treatment-related risks. (Source: https://www.news-medical.net/news/20210304/Researchers-develop-first-wearable-device-to-precisely-monitor-jaundice-in-newborns.aspx)

Top Companies Market Share in Infant Phototherapy Device Industry: (In no particular order of Rank)

• Atom Medical Corporation
• AVI Healthcare Pvt. Ltd.
• Equalize Health
• Inc.
• General Electric Company
• Ibis Medical Equipment & Systems Pvt. Ltd.
• Natus Medical Incorporated
• Ningbo David Medical Device Co.
• LTD.
• NOVOS
• Weyer GmbH
• Zhengzhou Dison Instrument and Meter Co.
• Ltd.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Infant Phototherapy Device Market

Which Region Dominates the Infant Phototherapy Device Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue due to the region's robust healthcare investment. High adoption rates of advanced medical technologies, significant investments in neonatal care, and the presence of leading healthcare providers boost the demand for Infant Phototherapy Devices.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Infant Phototherapy Device market due to expanding healthcare infrastructure, increasing awareness of neonatal care, and rising investments in improving infant health outcomes. The adoption of advanced phototherapy technologies is on the rise, driven by a growing population and an increasing incidence of neonatal jaundice contributed to regional growth.

The current report Scope analyzes Infant Phototherapy Device Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Infant Phototherapy Device Market

According to Cognitive Market Research, the global Infant Phototherapy Device market size was estimated at USD 105.9 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 42.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Infant Phototherapy Device market with a market size of USD 33.42 million in 2024 and is projected to grow at a CAGR of 2.0% during the forecast period. The nation's advancements in Infant phototherapy device technology.
• The Canada Infant Phototherapy Device market had a market share of USD 5.08 million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. The growing trend of Increased awareness of infant healthcare increases sales in Canada.
• The Mexico Infant Phototherapy Device market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 3.85 million in 2024.

Europe Infant Phototherapy Device Market

According to Cognitive Market Research, the global Infant Phototherapy Device market size was estimated at USD 105.9 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 31.77 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.

• The United Kingdom Infant Phototherapy Device market had a market share of USD 5.34 million in 2024 and is projected to grow at a CAGR of 3.3% during the forecast period. In the UK, Infant Phototherapy Device sales witness an upswing due to the nation's rising demand for infant phototherapy device.
• The France Infant Phototherapy Device market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD 2.92 million in 2024.
• According to Cognitive Market Research, the German Infant Phototherapy Device market size was valued at USD 6.29 million in 2024 and is projected to grow at a CAGR of 2.7% during the forecast period. In Germany, the Infant Phototherapy Device surged due to the expansion of the neonatal clinics.
• The Italy Infant Phototherapy Device market is projected to witness growth at a CAGR of 1.9% during the forecast period, with a market size of USD 2.73 million in 2024.
• The Russian Infant Phototherapy Device market is projected to witness growth at a CAGR of 1.5% during the forecast period, with a market size of USD 4.92 million in 2024.
• The Spain Infant Phototherapy Device market is projected to witness growth at a CAGR of 1.6% during the forecast period with a market size of USD 2.61 million in 2024
• The Luxembourg Infant Phototherapy Device market is projected to witness growth at a CAGR of 2.6% during the forecast period, with a market size of USD 0.98 million in 2024.
• The Portugal Infant Phototherapy Device market is projected to witness growth at a CAGR of 2.3% during the forecast period, with a market size of USD 0.67 million in 2024.
• The Greece Infant Phototherapy Device market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 0.38 million in 2024.
• Rest of Europe's Infant Phototherapy Device market is projected to witness growth at a CAGR of 1.2% during the forecast period, with a market size of USD 4.92 million in 2024.

Asia Pacific Infant Phototherapy Device Market

According to Cognitive Market Research, the global Infant Phototherapy Device market size was estimated at USD 105.9 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 24.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Infant Phototherapy Device market size was valued at USD 10.96 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Infant Phototherapy Devices surged in China due to the increasing demand for lightweight and durable infant phototherapy devices.
• The Japan Infant Phototherapy Device market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 3.36 million in 2024.
• The India Infant Phototherapy Device market had a market share of USD 2.92 million in 2024 and is projected to grow at a CAGR of 7.8% during the forecast period. India's hospitals and neonatal clinics are increasingly adopting innovative phototherapy devices to manage neonatal jaundice more effectively.
• The South Korean Infant Phototherapy Device market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD 2.44 million in 2024.
• The Australian Infant Phototherapy Device market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 1.27 million in 2024.
• The South East Asia Infant Phototherapy Device market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 1.68 million in 2024.
• The Rest of Asia Pacific Infant Phototherapy Device market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 1.73 million in 2024.

South America Infant Phototherapy Device Market

According to Cognitive Market Research, the global Infant Phototherapy Device market size was estimated at USD 105.9 Million, out of which the Latin America market has more than 5% share of the global revenue with a market size of USD 5.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Infant Phototherapy Device market size was valued at USD 2.27 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Infant Phototherapy Devices flourished in Brazil due to rapid advancement in healthcare.
• Argentina's Infant Phototherapy Device market had a market share of USD 0.89 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. Argentina's technological advancements augment the demand for infant phototherapy devices.
• Colombia's Infant Phototherapy Device market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 0.47 million in 2024.
• Peru's Infant Phototherapy Device market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 0.43 million in 2024.
• Chile's Infant Phototherapy Device market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 0.38 million in 2024.
• The Rest of Latin America's Infant Phototherapy Device market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD 0.85 million in 2024.

Middle East and Africa Infant Phototherapy Device Market

According to Cognitive Market Research, the global Infant Phototherapy Device market size was estimated at USD 105.9 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 2.12 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031..

• The GCC Countries Infant Phototherapy Device market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 0.91 million in 2024. Infant Phototherapy Device sales flourish due to the presence of major market players.
• The Egypt Infant Phototherapy Device market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 0.22 million in 2024.
• The South African Infant Phototherapy Device market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 0.33 million in 2024. Infant Phototherapy Device sales flourished in South Africa due to technological advancements, and increasing demand.
• The Turkey Infant Phototherapy Device market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 0.18 million in 2024.
• The Nigeria Infant Phototherapy Device market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 0.22 million in 2024.
• The Rest of the MEA Infant Phototherapy Device market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 0.25 million in 2024.

Infant Phototherapy Device Market Analysis

Infant Phototherapy Device Market Light Source Segment Analysis

According to Cognitive Market Research, Light-emitting diodes (LEDs) stand out as the dominant category. They are preferred for their efficiency in moving large volumes of air and their ability to handle high-pressure environments. This makes them suitable for various industrial applications, such as ventilation in factories and large facilities. Their robust performance and versatility contribute to their large market share, as they are reliable for demanding tasks and can operate effectively in different conditions.

Quartz halogen lamps emerged as the fastest-growing category in the infant phototherapy device market. Although they are not as widely used as LEDs, their market growth is driven by their ability to deliver intense light and their relatively lower cost compared to some advanced technologies. Rapid advancements in quartz halogen technology, along with enhanced investments aimed at boosting efficiency, drive their rapid growth. Increased usage of quartz halogen lamps can be attributed to the quest for cheap but reliable treatment solutions by healthcare establishments.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Infant Phototherapy Device Industry. Request a Free Sample PDF!

Infant Phototherapy Device Market Configuration Segment Analysis

According to Cognitive Market Research, the dominant category is Fixed devices. Fixed devices are commonly used in hospitals and neonatal education units because of their stability and ability to provide consistent and effective treatment. They are designed to integrate into healthcare and are desirable for both reliability and affordability, making them number one among healthcare providers.

The fastest-growing category in the Infant Phototherapy Device market is Mobile devices. The growth is due to the availability of portable and convenient therapeutic modalities that can be easily transported, for use in a variety of settings including home care and remote settings Improvements in the use of devices in mobile technology and their growing importance for access to neonatal care contribute to strong expansion.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Infant Phototherapy Device End User Segment Analysis

Infant Phototherapy Device Market End User Segment Analysis

According to Cognitive Market Research, the dominant category is Hospitals. Hospitals are major users of phototherapy devices due to their extensive neonatal care units and higher patient volumes. These facilities require reliable and advanced equipment to manage a high number of neonatal jaundice cases effectively. The integration of phototherapy devices into hospital settings is driven by the need for comprehensive care and the availability of resources to invest in advanced technologies.

The fastest-growing category in the Infant Phototherapy Device market is Neonatal clinics. This growth is due to more specialized clinics for neonates and dedicated treatments for infants. The expanding and improved services of neonatal clinics are resulting in more putting up of advanced phototherapy devices to enhance patient outcomes; hence it is driving significant growth in this segment.

• Hospitals
• Neonatal clinics

Author's Detail

Anushka Gore

Research Associate at Cognitive Market Research

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Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.

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