Phototherapy Market
By Devices;
Firefly, Fiber-Optic Blanket, Fiber-Optic Band, and OthersBy Indication;
Skin Diseases, Jaundice, and OthersBy Application;
UVA, UVB, and UVCBy End User;
Hospitals & Clinics, Dermatology Center, Homecare, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).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 Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 4.4 % |
Market Size (2024) | USD 439.10 Million |
Market Size (2031) | USD 591.57 Million |
Market Concentration | High |
Report Pages | 354 |
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.
Phototherapy Market Recent Developments
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In November 2021, Little Sparrows Technologies, a U.S.-based tech firm, gained FDA approval for its bili-hut, a home phototherapy device designed to treat newborns with jaundice. This innovative solution not only lowers medical costs but also enables infants to recover alongside their families during treatment. The bili-hut offers high-intensity light therapy comparable to that found in NICUs and is portable, foldable, lightweight, and energy-efficient, running on batteries, making it suitable for various environments, including hospitals and rural or resource-limited areas
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In September 2022, Bristol-Myers Squibb Company announced that the U.S. Food and Drug Administration (FDA) granted approval for Sotyktu (deucravacitinib), an oral medication indicated for the treatment of moderate to severe plaque psoriasis in adults.
Phototherapy Market Segment Analysis
In this report, the Phototherapy Market has been segmented by Devices, Radiation, Indication, End User and Geography.
Phototherapy Market, Segmentation by Devices
The Phototherapy Market has been segmented by Devices into Firefly, Fiber-Optic Blanket, Fiber-Optic Band and Others.
Firefly
Accounting for approximately 45% of the Phototherapy Devices market, Firefly units are valued for their compact design, energy efficiency, and high treatment effectiveness in neonatal jaundice management. Their portability and ease of integration into hospital settings have significantly contributed to their widespread adoption.
Fiber-Optic Blanket
Holding around 30% of the market, fiber-optic blankets offer continuous phototherapy with minimal disruption to infant care routines. They are preferred for their flexibility, comfort, and ability to allow parent-infant bonding during treatment sessions.
Fiber-Optic Band
Representing nearly 15% of the market, fiber-optic bands are designed for targeted light delivery while ensuring mobility and ease of use. Their compact form and effectiveness in home-based treatment make them a growing choice for certain patient groups.
Others
Comprising about 10% of the market, this segment includes emerging and specialized phototherapy devices that cater to niche treatment needs. Continuous innovation and expanding product offerings are expected to enhance adoption across diverse healthcare environments.
Phototherapy Market, Segmentation by Radiation
The Phototherapy Market has been segmented by Radiation into UVA, UVB and UVC.
UVA
Accounting for approximately 40% of the Phototherapy market, UVA radiation is widely used for treating skin disorders such as psoriasis, eczema, and vitiligo. Its deeper skin penetration allows effective photochemotherapy applications, often combined with photosensitizing agents for enhanced results.
UVB
Holding around 50% of the market, UVB therapy is preferred for its ability to deliver targeted narrowband treatments for conditions like psoriasis, atopic dermatitis, and vitiligo. Its high treatment efficacy and reduced side effects compared to broadband UV make it the most commonly adopted phototherapy type.
UVC
Representing nearly 10% of the market, UVC radiation is primarily used for antimicrobial applications in medical environments. While not commonly applied for direct patient therapy, its role in surface sterilization and infection control is gaining importance in healthcare facilities.
Phototherapy Market, Segmentation by Indication
The Phototherapy Market has been segmented by Indication into Skin Diseases, Jaundice and Others.
Skin Diseases
Holding the largest share of approximately 55%, this segment is driven by the high prevalence of dermatological conditions such as psoriasis, eczema, and vitiligo. Phototherapy offers targeted light-based treatments that reduce inflammation and improve skin health with minimal side effects.
Jaundice
Accounting for around 35% of the market, jaundice treatment—particularly in newborns—relies heavily on phototherapy devices for effective bilirubin reduction. The non-invasive nature and proven clinical outcomes of phototherapy make it the gold standard for neonatal care.
Others
Representing about 10% of the market, this category includes applications in seasonal affective disorder, sleep disorders, and other specialized medical needs. Ongoing research and innovation are expanding the therapeutic scope of phototherapy in these emerging areas.
Phototherapy Market, Segmentation by End User
The Phototherapy Market has been segmented by End User into Hospitals & Clinics, Dermatology Center, Homecare and Others.
Hospitals & Clinics
Holding the largest share of approximately 50%, hospitals and clinics dominate the Phototherapy market due to their access to advanced treatment technologies, highly skilled medical professionals, and comprehensive patient care facilities. They serve as primary centers for both acute and chronic condition management using phototherapy.
Dermatology Center
Accounting for around 25% of the market, dermatology centers specialize in skin-related treatments such as psoriasis, vitiligo, and eczema. Their focused expertise, coupled with the availability of specialized phototherapy devices, makes them a key driver in this market segment.
Homecare
Representing nearly 15% of the market, homecare is gaining popularity due to the availability of portable phototherapy devices that enable convenient at-home treatment. This trend is particularly strong among patients with long-term skin conditions seeking comfort and flexibility.
Others
Comprising about 10% of the market, this category includes rehabilitation centers, wellness facilities, and other specialized healthcare providers utilizing phototherapy for diverse therapeutic purposes. The segment is expected to grow with increasing awareness and expanded clinical applications.
Phototherapy Market, Segmentation by Geography
In this report, the Phototherapy Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Regions and Countries Analyzed in this Report
Phototherapy Market Share (%), by Geographical Region
North America
Leading the global Phototherapy market with approximately 38% share, North America benefits from advanced healthcare infrastructure, strong adoption of innovative treatment technologies, and a high prevalence of skin disorders and neonatal jaundice. Supportive reimbursement frameworks and significant R&D investments further strengthen market growth in the region.
Europe
Holding around 27% of the market, Europe is driven by well-established medical facilities, extensive use of phototherapy in dermatology and neonatal care, and favorable government healthcare policies. Growing public awareness of non-invasive treatments continues to boost demand.
Asia Pacific
Accounting for nearly 22% of the market, Asia Pacific is experiencing rapid expansion due to rising healthcare investments, growing birth rates, and increasing awareness of skin disease management. The adoption of affordable phototherapy devices is accelerating access across emerging economies.
Middle East & Africa
Representing about 7% of the market, this region is gradually increasing its adoption of phototherapy solutions through healthcare modernization initiatives and the establishment of specialized treatment centers. Rising efforts in public health awareness are expected to drive steady growth.
Latin America
With nearly 6% of the market, Latin America is witnessing steady demand growth, particularly in urban healthcare facilities. Expanding government support for neonatal care and rising adoption of dermatological phototherapy treatments are boosting regional market presence.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Phototherapy Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers :
- Technological Advancements
- Rising Incidence of Skin Disorders
- Increasing Prevalence of Neonatal Jaundice
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Growing Geriatric Population - The growing geriatric population is a significant demographic trend impacting various sectors, including healthcare and the phototherapy market. As populations age worldwide, there is a parallel increase in the prevalence of age-related health conditions, such as skin diseases and jaundice, which often necessitate medical interventions like phototherapy. Skin disorders like psoriasis, eczema, and vitiligo are known to become more common with age, presenting challenges for older adults seeking effective treatment options. Phototherapy emerges as a particularly valuable therapeutic approach for this demographic due to its non-invasive nature and proven efficacy in managing these dermatological conditions.
The geriatric population is also more susceptible to certain types of jaundice, such as obstructive jaundice, which can result from age-related changes in the liver and bile ducts. Neonatal jaundice, while most commonly associated with newborns, can also occur in older adults due to factors like liver dysfunction or medication side effects. Phototherapy serves as a vital intervention for managing jaundice in both neonates and older adults, offering a safe and effective means of reducing elevated bilirubin levels and preventing complications associated with jaundice.
In addition to skin disorders and jaundice, the geriatric population often experiences other age-related conditions that may benefit from phototherapy, such as chronic wounds, pruritus, and mood disorders like depression. Phototherapy has been shown to promote wound healing, alleviate itching, and improve mood by stimulating the production of endorphins and serotonin. As such, phototherapy holds promise as a holistic treatment modality for addressing the multifaceted healthcare needs of older adults, promoting both physical and psychological well-being.
Restraints :
- Stringent Regulatory Frameworks
- Reimbursement Issues
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High Equipment Costs - High equipment costs represent a significant restraint in the global phototherapy market, posing challenges for healthcare providers, patients, and market players alike. Phototherapy devices, whether designed for dermatological treatments, neonatal jaundice management, or other medical applications, often require substantial upfront investment, making them financially burdensome for healthcare facilities, particularly those in resource-limited settings. The high cost of equipment can deter healthcare providers from investing in phototherapy technology, limiting access to these potentially life-saving interventions for patients in need.
The affordability of phototherapy treatments for patients is also impacted by high equipment costs. Healthcare facilities may pass on the expenses associated with acquiring and maintaining phototherapy devices to patients through higher treatment fees or out-of-pocket expenses, potentially creating barriers to access for individuals with limited financial resources. In regions where healthcare coverage is inadequate or where phototherapy is considered elective rather than essential, high equipment costs can exacerbate disparities in healthcare access and affordability.
For market players in the phototherapy industry, high equipment costs present challenges in terms of market penetration and competitive pricing. Companies may struggle to attract customers and expand their market share if their products are perceived as prohibitively expensive compared to alternatives or if they cannot demonstrate a clear return on investment for healthcare providers. Additionally, high equipment costs may deter innovation and research in the phototherapy sector, as companies prioritize cost containment and profitability over investing in the development of new technologies and treatment modalities.
Addressing the issue of high equipment costs in the phototherapy market requires collaboration among stakeholders to find sustainable solutions. This may involve initiatives to reduce manufacturing costs through technological advancements, streamline regulatory processes to expedite market entry for new products, and explore alternative financing models such as leasing or rental programs to make phototherapy equipment more accessible to healthcare providers. By addressing the affordability barrier associated with high equipment costs, the phototherapy market can better fulfill its potential to improve patient outcomes and enhance healthcare delivery worldwide.
Opportunities :
- Emerging Markets in Asia-Pacific and Latin America
- Technological Innovations and Advancements
- Strategic Collaborations and Partnerships
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Increasing Demand for Non-Invasive Treatment Modalities - The increasing demand for non-invasive treatment modalities represents a significant opportunity in the global phototherapy market, driven by several key factors. Patients and healthcare providers alike are increasingly seeking alternatives to invasive procedures that carry greater risks, longer recovery times, and potential complications. Phototherapy emerges as a highly attractive option in this context, offering non-invasive treatments for a wide range of medical conditions, including dermatological disorders, neonatal jaundice, and mood disorders.
One of the primary drivers behind the demand for non-invasive treatment modalities is patient preference for safer and more comfortable treatment options. Phototherapy procedures typically involve exposing the skin to specific wavelengths of light, which penetrate the skin without the need for incisions or invasive techniques. This non-invasive approach reduces the risk of infection, scarring, and other complications commonly associated with surgical interventions, promoting faster recovery times and improved patient satisfaction.
The growing emphasis on preventive healthcare and wellness further fuels the demand for non-invasive treatment modalities like phototherapy. Patients are increasingly proactive about maintaining their health and addressing medical concerns at earlier stages, prompting a shift towards non-surgical interventions that offer effective outcomes with minimal disruption to daily life. Phototherapy aligns with this preventive healthcare ethos by providing treatments that are not only efficacious but also convenient and well-tolerated by patients.
Competitive Landscape Analysis
Key players in Global Phototherapy Market include :
- Beurer GmbH
- GE Healthcare
- Herbert Waldmann GmbH
- Koninklijke Philips N.V.
- Natus Medical Incorporated
- PhotoMedex Inc
- VIA Global Health
- Others
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Devices
- Market Snapshot, By Radiation
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Phototherapy Market Trends
- Drivers, Restraints and Opportunities
- Drivers
- Technological Advancements
- Rising Incidence of Skin Disorders
- Increasing Prevalence of Neonatal Jaundice
- Growing Geriatric Population
- Restraints
- Stringent Regulatory Frameworks
- Reimbursement Issues
- High Equipment Costs
- Opportunities
- Emerging Markets in Asia-Pacific and Latin America
- Technological Innovations and Advancements
- Strategic Collaborations and Partnerships
- Increasing Demand for Non-Invasive Treatment Modalities
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
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Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Phototherapy Market, By Devices, 2021 - 2031 (USD Million)
- Firefly
- Fiber-Optic Blanket
- Fiber-Optic Band
- Others
- Phototherapy Market, By Indication, 2021 - 2031 (USD Million)
- Skin Diseases
- Jaundice
- Others
- Phototherapy Market, By Application, 2021 - 2031 (USD Million)
- UVA
- UVB
- UVC
- Phototherapy Market, By End User, 2021 - 2031 (USD Million)
- Hospitals & Clinics
- Dermatology Center
- Homecare
- Others
- Phototherapy Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia/New Zealand
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Phototherapy Market, By Devices, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Beurer GmbH
- GE Healthcare
- Herbert Waldmann GmbH
- Koninklijke Philips N.V.
- Natus Medical Incorporated
- PhotoMedex Inc
- VIA Global Health
- Others
- Company Profiles
- Analyst Views
- Future Outlook of the Market