Healthcare Industry Updates PhototherapyEquipmentMarket | Page 2

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Geographical Analysis:
North America held the largest share of the global phototherapy equipment market, followed by
Europe. However, the Asia-Pacific market is expected to register the highest CAGR of 6.1% from 2016 to
2021. Factors such as strategic expansions by key market players in emerging Asian countries; growing
adoption of low cost phototherapy equipment in India and China; and rising number of people suffering
from skin diseases are responsible for the growth of the phototherapy equipment market in the Asia-
Pacific region.
Key Market Players:
GE Healthcare (U.K.), Philips Lighting Holding B.V. (Netherlands), Natus Medical Incorporated (U.S.),
Phoenix Medical Systems Pvt. Ltd. (India), Herbert Waldmann GmbH & Co. KG (Germany), Atom Medical
Corporation (Japan), nice Neotech Medical Systems Pvt. Ltd. (India), National Biological Corp. (U.S.), and
Solarc Systems Inc. (Canada) are some of the key players operating in the global phototherapy
equipment market.
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Phototherapy Equipment Market by Type (Long lamp, CFL, LED, Fiber optic), Application (Skin diseases
(psoriasis, vitiligo, eczema), Neonatal Jaundice), End-user, Geography (North America (USA, Canada),
Europe, Asia-Pacific) - Global Forecast to 2021