North America Neonatal Phototherapy Equipment Market

North America Neonatal Phototherapy Equipment Market Size (2024 to 2032)

As per the research report, the North America Neonatal Phototherapy Equipment Market size was valued at USD 180.85 million in 2024 and expected to reach USD 249.42 million by 2032, reaching at a CAGR of 4.1% from 2024 to 2032.

Market Drivers

The rising cases of jaundice in newborn babies is the significant factor contributing to demand for the phototherapy equipment in the healthcare organizations which is leading to substantial market growth. The phototherapy is the primary option for treatment of neonatal jaundice as it is high safe and effective for the infants is augmenting the regional market growth. For Instance, about 60% of the new born babies develop jaundice in United States. New born jaundice is very common where about 3 in 5 babies have jaundice.

The implantation of phototherapy in neonatal care provides various advantages such as healthcare costs limitation, and the effective and safe care of infants by allowing the families to be together are augmenting the market growth opportunities.

The increasing investments by the healthcare organizations and growing government support initiatives to provide extensive care facilities to the new born are estimated to accelerate the market revenue in the coming years. The rise in product launches with advanced technologies and favorable regulatory network and the presence of well-established healthcare infrastructure in the region, and growing healthcare expenditure, and presence of significant market players is proliferating the regional market growth opportunities. The home-based phototherapy devices are expected to provide prominent market growth opportunities in the coming years.

The rising sales of LED-based The implantation of phototherapy in neonatal care provides various advantages such as healthcare costs limitation, and the effective and safe care of infants by allowing the families to be together are augmenting the market growth opportunities. The increasing investments by the healthcare organizations and growing government support initiatives to provide extensive care facilities to the new born are estimated to accelerate the market revenue in the coming years. The rise in product launches with advanced technologies and favorable regulatory network and the presence of well-established healthcare infrastructure in the region, and growing healthcare expenditure, and presence of significant market players is proliferating the regional market growth opportunities. The home-based phototherapy devices are expected to provide prominent market growth opportunities in the coming years.

For Instance, Little Sparrows Technologies announced the receival of FDA approval for its home-based phototherapy treatment for newborn infants with jaundice. The rising sales of LED-based phototherapy equipment, and the growing focus of manufacturers in development of innovative and efficient devices is leading to substantial growth opportunities of North American market.

Market Restraints

The rising concerns regarding the short-term and long-term adverse effects caused by the phototherapy equipment is the significant factor restraining the global market growth. The rise in skin conditions such as rashes, purpuric rash, bullous eruptions, petechiae and others along with high dehydration caused by phototherapy in premature babies are hampering the market growth. Hyperthermia is another significant adverse effect especially caused in non-LED devices where the blue lights increase the risk of hypothermia, this is limiting the adoption rate among the people which leads to restricted market growth. Other effects such as DNA damage, elevated cancer risk, neurodevelopmental delays, and electrolyte imbalance, and the bronze baby syndrome which causes skin, urine, and serum to turn into dark, grey-brown color in infants. These harmful effects are estimated to impede the market growth opportunities.

This research report on the North America Neonatal Phototherapy Equipment Market has been segmented and sub-segmented into the following categories

By Type

• Convectional Phototherapy Equipment
• LED Phototherapy Equipment
• Fiber optic Phototherapy Equipment

By End User

• Hospital & Clinics
• Home Users

By Application

• Skin disease treatment
• Neonatal Jaundice Management

By Region 

• U.S
• Canada
• Rest of North America

Geographically, the North American region is the market leader and holds the most prominent position in the Neonatal phototherapy equipment market, owing to raising public awareness of the benefits of new technologies, which would provide a lucrative market for phototherapy equipment. In addition, various variables, such as the increased incidence of neonatal jaundice and skin illnesses, are credited with the region's dominance. Aside from that, the area has a sophisticated healthcare infrastructure. These factors, combined with several government efforts aimed at improving the health of newborns, have tipped the scales in favor of the phototherapy equipment industry in North America.

The U.S Neonatal Phototherapy Equipment Market Size is expected to reach a significant rate due to a rise in the incidence of acne-related disorders.

Furthermore, a high percentage of highly advanced skincare treatment equipment is used in this region due to an increase in the prevalence of skin illnesses such as acne, which is expected to develop at a lucrative rate throughout the forecast period.The Canada Neonatal Phototherapy Equipment Market is predicted to grow fastest during the projection period due to increased awareness of advanced phototherapy and developing healthcare infrastructure.

Furthermore, an increase in the frequency of newborn jaundice and demand for cost-effective equipment is expected to enhance phototherapy use in this region. Governments in the North American region are increasingly concentrating on boosting knowledge about skin diseases and treatment options, which is projected to fuel regional market expansion.

KEY MARKET PLAYERS

Promising Companies playing a dominant role in the North America Neonatal Phototherapy Equipment Market profiled in this report are Herbert Waldmann GmbH & Co. KG (Germany), GE Healthcare (U.S.), Atom Medical Corporation (Japan), National Biological Corp. (U.S.), Solarc Systems Inc. (Canada), Philips Lighting Holding B.V. (Netherlands), Phoenix Medical Systems Pvt. Ltd. (India), nice Neotech Medical Systems Pvt. Ltd. (India), Natus Medical Incorporated (U.S.).,