Global Neonatal Phototherapy Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Light Source;

Light-Emitting Diodes (LEDs), Quartz Halogen Lamps, Gas Discharge Tubes, Fluorescent Lamps (FL).

By Configuration;

Mobile Device, Fixed Device.

By End-User;

Hospitals, Neonatal Clinics.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn103920808 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Neonatal Phototherapy Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Neonatal Phototherapy Devices Market was valued at USD 254.57 million. The size of this market is expected to increase to USD 333.88 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.

The Global Neonatal Phototherapy Devices Market is a dynamic sector within the healthcare industry dedicated to providing effective treatment for newborns suffering from jaundice. Jaundice, characterized by yellowing of the skin and eyes due to high levels of bilirubin in the blood, is a common condition among newborns, affecting millions worldwide. Phototherapy, employing light to break down bilirubin in the bloodstream, is a standard treatment method, and the devices used for this purpose constitute a significant segment of the neonatal care market.

The market for neonatal phototherapy devices is fueled by several factors, including the rising incidence of jaundice among newborns, technological advancements leading to more efficient and safer phototherapy devices, and increasing awareness about the importance of timely treatment for neonatal jaundice. Additionally, favorable government initiatives aimed at improving neonatal care, especially in developing regions, contribute to market growth. With advancements such as LED-based phototherapy devices, which offer better control over light intensity and reduced heat emission, healthcare providers have access to more effective and safer treatment options.

Despite the promising growth prospects, challenges such as the high cost of advanced phototherapy devices and limited access to healthcare infrastructure in some regions hinder market expansion. However, collaborations between healthcare organizations and governments, along with efforts to raise awareness about neonatal jaundice and its treatment options, are anticipated to address these challenges. Moreover, ongoing research and development activities aimed at enhancing the efficacy and affordability of phototherapy devices hold promise for further market growth and improved neonatal care outcomes globally.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Light Source
    2. Market Snapshot, By Configuration
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Global Neonatal Phototherapy Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Neonatal Jaundice
        2. Healthcare Infrastructure
        3. Technological Advancements
        4. Rising Birth Rates
      2. Restraints
        1. Cost of Devices
        2. Limited Healthcare Infrastructure
        3. Awareness Gaps
        4. Regulatory Hurdles
      3. Opportunities
        1. Emerging Markets Expansion
        2. Technological Innovations
        3. Home Care Market Growth
        4. Telemedicine Integration
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Neonatal Phototherapy Devices Market, By Light Source, 2021 - 2031 (USD Million)
      1. Light-Emitting Diodes (LEDs)
      2. Quartz Halogen Lamps
      3. Gas Discharge Tubes
      4. Fluorescent Lamps (FL)
    2. Global Neonatal Phototherapy Devices Market, By Configuration, 2021 - 2031 (USD Million)
      1. Mobile Device
      2. Fixed Device
    3. Global Neonatal Phototherapy Devices Market, By End Use, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Neonatal Clinics
    4. Global Neonatal Phototherapy Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Natus Medical Incorporated
      2. General Electric Company
      3. Ibis Medical Equipment and System Pvt. Ltd
      4. Atom Medical Corporation
      5. Medela AG
      6. D-Rev
      7. Phoenix Medical Systems Pvt Ltd
      8. Zhengzhou Dison Instrument And Meter Co.
  7. Analyst Views
  8. Future Outlook of the Market