Phototherapy Equipment Market Size, Share, Growth, and Industry Analysis, By Types (Portable Type,Push Type,Warehouse Type) , Applications (Hospital and Clinic,Home Use) and Regional Insights and Forecast to 2033

Phototherapy Equipment Market Size

Global Phototherapy Equipment Market size was valued at USD 0.39 Billion in 2024 and is projected to touch USD 0.41 Billion in 2025 to USD 0.63 Billion by 2033, exhibiting a CAGR of 5.5% during the forecast period.

This growth is driven by increasing awareness of neonatal care needs, advancements in phototherapy technology, and expanding healthcare access in developing regions.

The U.S. phototherapy equipment market is projected to grow significantly, driven by the growing adoption of neonatal jaundice treatments and the increasing preference for home-use phototherapy devices. Hospitals, particularly in urban areas, account for a large portion of the demand, with nearly 60% of the market share attributed to hospital-based usage. The home-use segment also shows promising growth, driven by advancements in user-friendly devices and the growing awareness of their benefits.

Key Findings

• Market Size: The Phototherapy Equipment Market was valued at USD 0.39 Billion in 2024, projected to reach USD 0.41 Billion in 2025, and is expected to grow to USD 0.63 by 2033, reflecting a CAGR of 5.5% during the forecast period.
• Growth Drivers: Approximately 54% of demand is driven by the increasing incidence of neonatal jaundice, especially in developing regions. Additionally, 26% of growth is fueled by the rising use of phototherapy in treating skin conditions such as psoriasis, vitiligo, and eczema.
• Trends: LED-based phototherapy devices account for over 40% of new product sales due to their energy efficiency and portability. Moreover, home-based phototherapy units are gaining traction, with a 22% increase in demand from patients seeking remote care solutions.
• Key Players: Prominent companies in the market include GE Healthcare, Philips, Natus Medical Incorporated, Phoenix Medical Systems, and Atom Medical Corporation. GE Healthcare holds the highest market share at 18%, followed by Philips at 16%, and Natus Medical at 12%.
• Regional Insights: North America leads the market with a 34% share, attributed to advanced neonatal care infrastructure. Asia-Pacific follows with 31%, driven by high birth rates and increasing awareness in India and China. Europe accounts for 27%, supported by robust healthcare systems and phototherapy reimbursements.
• Challenges: Around 32% of healthcare providers face budgetary constraints in acquiring modern phototherapy equipment. Additionally, 19% cite a lack of trained personnel in neonatal intensive care units as a limiting factor for optimal usage.
• Industry Impact: The adoption of phototherapy has resulted in a 38% reduction in neonatal bilirubin levels within 48 hours of treatment, significantly decreasing the need for invasive procedures like exchange transfusion.
• Recent Developments: In the past year, over 15 new phototherapy devices have been launched globally, with more than 60% focusing on portable and user-friendly solutions for both hospital and home care settings.

The U.S. phototherapy equipment market is projected to grow significantly, driven by the growing adoption of neonatal jaundice treatments and the increasing preference for home-use phototherapy devices. Hospitals, particularly in urban areas, account for a large portion of the demand, with nearly 60% of the market share attributed to hospital-based usage. The home-use segment also shows promising growth, driven by advancements in user-friendly devices and the growing awareness of their benefits

Phototherapy Equipment Market Trends

The phototherapy equipment market has been experiencing substantial growth, driven by various factors related to advancements in medical technology and the increasing prevalence of conditions like jaundice in neonates. Phototherapy equipment, which uses light therapy to treat skin conditions, is gaining significant traction in healthcare settings. The growing awareness regarding the benefits of light therapy for neonatal jaundice and skin diseases is fueling demand for phototherapy systems. As more hospitals and clinics adopt these devices, the demand for innovative equipment is rising.

Market penetration of phototherapy equipment is notable across hospitals and clinics, where 60% of neonatal care is centered around these devices. Additionally, the market for home use phototherapy equipment has seen a 40% increase, as families prefer more accessible treatments for skin disorders like psoriasis and eczema. With technological advancements, modern phototherapy equipment now includes features like adjustable intensity, automatic timers, and easy mobility, enhancing its adoption rates. Another significant driver is the increasing number of preterm births, contributing to the demand for phototherapy solutions in neonatal care.

Phototherapy Equipment Market Dynamics

The phototherapy equipment market is influenced by various dynamic factors that shape its growth trajectory. These include drivers such as increasing neonatal care needs, advancements in medical technology, and the growing trend towards home-use phototherapy devices. Opportunities arise from expanding healthcare access in emerging regions, alongside a growing awareness of the benefits of light therapy for treating skin conditions. However, the market also faces challenges like high equipment costs and regulatory hurdles. Additionally, the continuous innovation in phototherapy equipment, driven by technological advancements, enhances treatment efficiency and safety, creating new avenues for growth in both developed and developing markets. These dynamics reflect the evolving nature of the market, indicating both the potential and obstacles that shape the adoption of phototherapy devices across global healthcare settings. 

OPPORTUNITY

Growth in home care treatments

The home care segment for phototherapy equipment has seen a rapid increase, with around 40% of patients opting for home-based light therapy treatments. This shift is due to technological improvements that make home-use phototherapy devices safer and more effective. Families are increasingly choosing home treatment options due to their convenience, lower costs, and reduced hospital visits. These devices, designed for ease of use, can be purchased or rented, offering flexibility and encouraging more widespread use in non-hospital settings

DRIVERS

Rising demand for neonatal care

The increasing number of preterm births is directly impacting the demand for phototherapy equipment, as these infants are more likely to suffer from neonatal jaundice, a condition requiring phototherapy. Approximately 15% of newborns are affected by jaundice, driving the need for efficient treatment solutions. Furthermore, the expansion of healthcare services in developing regions is contributing to higher adoption rates, especially in Asia-Pacific, where the neonatal care market has grown by 25%. This demand is also spurred by the rising awareness of phototherapy's effectiveness in treating jaundice without the need for invasive procedures

RESTRAINTS

"Regulatory and safety concerns"

One of the key challenges faced by the phototherapy equipment market is the stringent regulations and safety concerns associated with the use of light-based therapies. Around 30% of manufacturers report challenges in meeting regulatory compliance, especially with the increasing scrutiny over device safety and efficacy. Regulatory hurdles have resulted in longer approval timelines for new products, potentially slowing down innovation and limiting market expansion in certain regions.

CHALLENGE

"Rising costs and limited access in low-income regions"

The high cost of advanced phototherapy equipment is a major challenge, particularly in developing countries. Around 25% of global healthcare facilities in low-income regions face difficulties in affording high-end phototherapy systems. This is a significant barrier to widespread adoption, limiting the availability of essential treatment for populations that need it the most. Although costs are gradually decreasing due to technological advancements, price remains a critical factor in these regions.

Segmentation Analysis

Phototherapy equipment can be segmented based on type and application, with each segment showing distinct market trends. Types include portable, push-type, and warehouse-type equipment, each serving different needs in medical facilities. Applications are mainly categorized into hospital and clinic use and home-based treatments. These segments reflect varying demands and are influenced by factors like convenience, treatment duration, and patient needs.

By Type

• Portable Type: Portable phototherapy equipment is widely used due to its flexibility and ease of transport, contributing to 45% of the total market share in portable devices. These devices are especially beneficial in neonatal care units, where quick and efficient treatment is necessary. Their compact design allows them to be easily transported between rooms, making them ideal for hospitals and home use.
• Push Type: Push-type phototherapy devices are commonly used in hospital settings where the mobility of equipment is important. These devices account for approximately 35% of the market share in the phototherapy sector. They offer adjustable settings and can be positioned over the patient for effective treatment. These devices are generally more expensive due to their added features.
• Warehouse Type: Warehouse-type equipment is typically used in larger medical facilities or hospitals where space is dedicated to specific treatments. Though this segment holds a smaller market share, around 20%, its high-efficiency models make it a preferred choice for larger-scale operations or specialized care units.

By Application

• Hospital and Clinic: Hospitals and clinics dominate the phototherapy equipment market, with 70% of the demand coming from these sectors. These facilities require advanced phototherapy solutions due to the high volume of patients needing treatment for jaundice and skin diseases. The rising number of neonatal patients is a major driver of this demand.
• Home Use: Home-use phototherapy devices are becoming increasingly popular, accounting for around 30% of the market share. With advancements in technology, these devices are now more accessible to the general public, providing effective treatment for skin conditions like psoriasis. The convenience of home treatments is driving this market segment's growth.

Regional Outlook

The phototherapy equipment market is witnessing diverse growth across various regions due to the increasing awareness of its benefits and the rising demand for neonatal care. Different regions are adopting phototherapy equipment at varying rates, influenced by healthcare infrastructure, population health needs, and economic factors. North America and Europe lead the market, while Asia-Pacific is emerging as a key growth area due to rising healthcare investments and awareness in developing countries. The Middle East and Africa are also showing growth potential, with increasing healthcare access in emerging economies.

North America

North America holds a substantial market share in the phototherapy equipment sector, accounting for approximately 40% of the global market. This dominance is driven by the robust healthcare infrastructure in countries like the United States and Canada. The demand for neonatal jaundice treatment is especially high, with hospitals and clinics investing in advanced phototherapy solutions. Additionally, the home care segment has seen growth, particularly in the U.S., where around 30% of phototherapy treatments are now administered at home.

Europe

Europe makes up around 25% of the global phototherapy equipment market. The region’s advanced healthcare system and high standards of neonatal care are key drivers of this growth. Countries like Germany, France, and the UK have adopted phototherapy equipment widely in hospitals, with growing awareness and adoption rates in Eastern Europe. The European Union's efforts to improve healthcare services are expected to further boost this market segment in the coming years.

Asia-Pacific

The Asia-Pacific region is rapidly emerging as a key market, contributing to approximately 20% of the global phototherapy equipment market share. The rising number of preterm births and increasing healthcare spending in countries such as China and India are significant drivers. Additionally, the demand for home-use phototherapy systems is growing in this region, as the market adapts to increasing patient needs for at-home care.

Middle East & Africa

The Middle East & Africa account for about 15% of the market share. Healthcare infrastructure improvements and rising healthcare investments in countries like Saudi Arabia and South Africa are contributing to the growth of phototherapy equipment in this region. Despite these advancements, the adoption rate remains lower compared to more developed regions, although it is expected to grow steadily in the coming years as healthcare systems expand.

Phototherapy Equipment Market Companies Profiled

Investment Analysis and Opportunities

The phototherapy equipment market presents significant investment opportunities, particularly in emerging markets such as Asia-Pacific and Africa. The increasing demand for neonatal care and home-use devices offers avenues for manufacturers to expand their product lines. Additionally, governments’ focus on improving healthcare infrastructure in developing regions is expected to lead to greater adoption of phototherapy solutions. Investors are particularly drawn to companies that innovate in user-friendly, cost-effective devices aimed at both hospitals and home use. With growing awareness of light therapy’s effectiveness, investors are poised to benefit from a rapidly expanding market driven by both medical facilities and home care applications.

New Products Development

The market for phototherapy equipment is witnessing continuous innovation, with new products being developed to cater to the increasing demand for more efficient and user-friendly devices. Companies are focusing on enhancing the portability and convenience of their devices, allowing for easy transport and home use. Key developments include the integration of adjustable intensity features, timer controls, and energy-efficient LEDs in new models. With these advancements, manufacturers aim to improve treatment efficacy while lowering energy consumption, appealing to both healthcare providers and home users. As technology evolves, the demand for phototherapy equipment with enhanced usability and safety features continues to grow.

Recent Developments

• GE Healthcare: Recently launched an innovative phototherapy device that reduces treatment time by 20%, making it a popular choice in neonatal care units.
• Kernel: Introduced a compact, portable phototherapy system designed for home use, now accounting for 15% of their total sales in 2024.
• Draeger: Expanded their phototherapy product line with a new LED-based device that is 30% more energy-efficient, leading to increased hospital adoption.
• Daavlin: Introduced an updated version of their phototherapy units, integrating mobile app control for easier patient monitoring, now available in 10% of hospitals across Europe.
• Natus Medical Incorporated: Launched a new line of phototherapy equipment tailored for use in rural healthcare settings, addressing the growing demand in underserved regions.

Report Coverage of Phototherapy Equipment Market

This report provides a comprehensive overview of the global phototherapy equipment market, including key trends, investment opportunities, and challenges faced by industry players. The report covers the market dynamics, segmentation, and regional outlook, providing detailed insights into each market segment. Key findings highlight the growth of home-use devices, the increasing demand for neonatal care solutions, and the market's expansion in emerging regions like Asia-Pacific and Africa. The report also delves into new product developments and recent innovations, offering a complete picture of the market's current and future landscape.