Phototherapy Market

By Product;

Conventional Phototherapy Equipment, LED Phototherapy Equipment, Fiberoptic Phototherapy Equipment, Germicidal Lamps and Accessories

By Radiation;

UVA, UVB and UVC

By Application;

Skin Disease Treatment, Neonatal Jaundice Management and Sterilization

By End-User;

Hospitals & Clinics, Dermatology Centers and Homecare

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn106073309 Published Date: October, 2025 Updated Date: November, 2025

Phototherapy Market Overview

Phototherapy Market (USD Million)

The Phototherapy Market was valued at USD 439.10 million in the year 2024. The size of this market is expected to increase to USD 591.57 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.


Phototherapy Market

*Market size in USD million

CAGR 4.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.4 %
Market Size (2024)USD 439.10 Million
Market Size (2031)USD 591.57 Million
Market ConcentrationHigh
Report Pages354
439.10
2024
591.57
2031

Major Players

  • Beurer GmbH
  • GE Healthcare
  • Herbert Waldmann GmbH
  • Koninklijke Philips N.V.
  • Natus Medical Incorporated
  • PhotoMedex Inc
  • VIA Global Health

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Phototherapy Market

Fragmented - Highly competitive market without dominant players


The Phototherapy Market is experiencing steady expansion as it emerges as a leading non-invasive option for dermatological and neonatal care. Nearly 45% of dermatology treatments now incorporate phototherapy, highlighting its growing role in clinical practice. By harnessing controlled light wavelengths, this method minimizes systemic risks and provides an effective alternative to traditional drug therapies.

Increasing Burden of Skin Conditions
A surge in psoriasis, vitiligo, and eczema cases, affecting close to 30% of dermatology patients, is boosting reliance on phototherapy solutions. Research suggests that over 50% of patients undergoing these treatments report noticeable improvements within the initial sessions. This high success rate is driving its integration into routine dermatology, strengthening its acceptance as a frontline therapy.

Critical Role in Neonatal Jaundice
Phototherapy continues to be essential for managing neonatal jaundice, a condition impacting nearly 60% of newborns. Blue light therapy, proven to lower bilirubin levels in almost 80% of treated infants, remains a trusted intervention in neonatal care. This widespread effectiveness keeps hospitals and pediatric units investing in advanced phototherapy equipment, making it a cornerstone of infant healthcare.

Innovations in Device Technology
The introduction of LED-driven phototherapy devices is reshaping treatment standards with improved safety and energy efficiency. Over 55% of newly launched systems integrate LED technology, delivering longer lifespans and greater precision compared to traditional lamps. These advancements reduce operational costs and enhance patient outcomes, fueling higher adoption across medical facilities.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Radiation
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Phototherapy Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Rising Incidence of Skin Disorders
        3. Increasing Prevalence of Neonatal Jaundice
        4. Growing Geriatric Population
      2. Restraints
        1. Stringent Regulatory Frameworks
        2. Reimbursement Issues
        3. High Equipment Costs
      3. Opportunities
        1. Emerging Markets in Asia-Pacific and Latin America
        2. Technological Innovations and Advancements
        3. Strategic Collaborations and Partnerships
        4. Increasing Demand for Non-Invasive Treatment Modalities
    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. Phototherapy Market, By Product, 2021 - 2031 (USD Million)
      1. Conventional Phototherapy Equipment
      2. LED Phototherapy Equipment
      3. Fiberoptic Phototherapy Equipment
      4. Germicidal Lamps
      5. Accessories
    2. Phototherapy Market, By Radiation, 2021 - 2031 (USD Million)
      1. UVA
      2. UVB
      3. UVC
    3. Phototherapy Market, By Application, 2021 - 2031 (USD Million)
      1. Skin Disease Treatment
      2. Neonatal Jaundice Management
      3. Sterilization
    4. Phototherapy Market, By End-User, 2021 - 2031 (USD Million)
      1. Hospitals & Clinics
      2. Dermatology Centers
      3. Homecare
    5. Phototherapy 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 (Association of South East Asian Countries)
        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. Philips
      2. GE Healthcare
      3. Natus Medical
      4. Herbert Waldmann
      5. Atom Medical
      6. Phoenix Medical Systems
      7. National Biological Corporation
      8. Solarc Systems
      9. Daavlin
      10. Beurer
      11. Dräger
      12. Hitachi
      13. C-RAD
      14. Elekta
      15. Toshiba
  7. Analyst Views
  8. Future Outlook of the Market