Neonatal Phototherapy Devices Market Growth and Major key - openPR
Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on "Global Neonatal Phototherapy Devices Market: By Product Type (Flexible Phototherapy Lamps, Traditional Phototherapy Lamps, Phototherapy Beds), By End-User (Hospitals, Home Care Settings), and Geography - Global/Region/Country Forecast to 2027".
View detailed Report Description at https://precisionbusinessinsights.com/market-reports/neonatal-phototherapy-devices-market/
Government initiatives are anticipated to impel the Neonatal Phototherapy Devices Market Growth
Neonatal phototherapy devices greatly help in treating neonatal jaundice. These devices work as best medical devices enhanced lifespan and connected to the incubator with ease. Neonatal jaundice occurs in newly born babies most of the time and if proper treatment is not given can result into severe hyperbilirubinemia, which can lead towards neurological damage or sometimes death. Due to the low cost of traditional phototherapy devices, they are generally used in the phototherapy.
There are several factors that affect the market neonatal phototherapy devices market growth such as government initiatives in different countries to make available best treatment options for newborn babies and collaboration of key players to develop cost-efficient neonatal therapy devices for treating jaundices in low cost. Growing awareness about the treatment and high frequency of neonatal jaundice are projected to impel the growth of the market. In addition, introduction of new products by industries of the market is also evaluated to strengthen the market revenue. For example, Phoenix Medical Systems introduced a neonatal phototherapy device called Brilliance Pro, which has unique features like smart tilt to give continuous intensity around the skin of the baby. Factors fuelling the market growth are increasing cases of neonatal jaundice and technological developments in phototherapy devices. But, the lack of capable experts, strict regulatory policies for the approval of the product and unavailability of devices in countryside areas are the factors, which can hinder the market over the forecast years 2021-2027.
Impact of COVID-19 on Neonatal Phototherapy Devices Market:
In addition, the report discusses the implications of COVID-19, including the industry's initial response and strategies for ensuring business continuity in the coming years.
Request a case study or sample research report at https://precisionbusinessinsights.com/request-sample?product_id=18955
Neonatal Phototherapy Devices Market - Geographical Analysis
North America is experiencing significant market growth followed by Europe and Asia Pacific due to the sophisticated healthcare infrastructure, introduction of novel technologies and growing awareness about neonatal jaundice. Europe neonatal phototherapy devices market is witnessing considerable growth owing to the huge adoption of newly introduced technologies in the market and presence of leading key players in the region. Growing population of emerging countries like India and China in the Asia Pacific region increases the demand for neonatal phototherapy devices and this factor is anticipated to account for considerable revenue share in the Asia Pacific neonatal phototherapy devices market.
Competitive Analysis
Some of the major market players operating in the global neonatal phototherapy devices market are Koninklijke Philips N.V. (Netherlands), Medela AG (Switzerland), General Electric Company (U.S.), Natus Medical Incorporated (U.S.), Phoenix Medical Systems Pvt. Ltd (India) and Dragerwerk AG & Co. KGaA (Germany).
Contact Us:
Mr. Satya
Precision Business InsightsTM | Toll Free: +1 866 598 1553
Kemp House, 152 – 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ D U N S® Number: 852781747
Email: sales@precisionbusinessinsights.com | Schedule a Meeting: calendly.com/satya-prabhu-pbi
About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
Precision Business Insights offers a variety of cost-effective and customized research services to meet particular research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.
This release was published on openPR.
Comments
Post a Comment