QYR Market Research Global Neonatal Phototherapy Devices market | Page 5

QYResearch
• The growth of this market is driven by the increase in the
prevalence and incidence of neonatal jaundice, technological
advancements in the phototherapy devices, government
initiations for new-born and childcare. The Neonatal
Phototherapy Devices market is projected to grow at a CAGR
of 4.65% from 2018 to 2025, from a market size of USD
178.7 million in 2017 to USD 257.15 million by 2025.
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