Infant Phototherapy Devices is a device designed to treat infant jaundice in a hospital setting.
The global market for Infant Phototherapy Devices was estimated to be worth US$ 77 million in 2023 and is forecast to a readjusted size of US$ 97.9 million by 2030 with a CAGR of 3.1% during the forecast period 2024-2030
According to World Bank statistics, the global birth rate in 2021 was about 1.7%. Although the population growth rate had slowed down, with the development of the world economy and the increase of per capita disposable income of residents, the spending power is growing. Therefore, there is still a large room for development in the baby products industry. Improving product quality and tapping the value of a single customer will become the drivers for the growth of the infant and child industry. Refinement and diversification are the core characteristics of the consumer demand. China has a large population base, and even if the population growth rate slows down, there will still be a demographic dividend. The State Council in 2022 proposes to "Guide market players to produce safer and healthier domestic infant products". According to the National Bureau of Statistics, China's birth rate in 2022 was 6.77%, and the birth population was 9.56 million. According to the results of the seventh national census in 2021, the number of infants and young children aged 0-6 in China reached 140 million, of which the number of infants and young children aged 3-6 exceeded 70 million. The huge population size has brewed a market demand with huge potential, and the children's consumption market has risen rapidly. Chinese families spend a lot on childcare, with the average cost of childcare ranking second in the world. The survey data released by China Research Center for Children's Industry shows that in 80% of families in China, children's expenditures account for 30% to 50% of household expenditures, and the average annual consumption of children in families is ¥17,000 to 25,500. According to data from the Yuwa Population Research, the national average cost of raising a child (the cost of raising a child to the age of 18) is ¥485,218. From the perspective of specific stages, the largest proportion is the cost of raising children aged 6-14, accounting for about 45%. The cost during pregnancy, the cost of childbirth and confinement, and the cost of raising babies aged 0-2 accounted for 2.06%, 2.09% and 13.33% separately.
QY Research (Market Research Report Publisher) announces the release of its lastest report “Infant Phototherapy Devices - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”. Based on historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Infant Phototherapy Devices market, including market size, share, demand, industry development status, and forecasts for the next few years. Provides advanced statistics and information on global market conditions and studies the strategic patterns adopted by renowned players across the globe. It aims to help readers gain a comprehensive understanding of the global Infant Phototherapy Devices market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. As the market is constantly changing, the report explores competition, supply and demand trends, as well as the key factors that contribute to its changing demands across many markets.
In addition, the market research industry delivers the detailed analysis of the global Infant Phototherapy Devices market for the estimated forecast period. The market research study delivers deep insights about the different market segments based on the end-use, types and geography. One of the most crucial feature of any report is its geographical segmentation of the market that consists of all the key regions. This section majorly focuses over several developments taking place in the region including substantial development and how are these developments affecting the market. Regional analysis provides a thorough knowledge about the opportunities in business, market status& forecast, possibility of generating revenue, regional market by different end users as well as types and future forecast of upcoming years.
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Key Benefits for Industry Participants and Stakeholders:
- In-depth understanding of the Infant Phototherapy Devicesmarket and its growth prospects
- Analysis of market drivers, restraints, and opportunities to identify lucrative business avenues
- Insights into the competitive landscape and strategies of key market players.
- Knowledge of key trends shaping the Infant Phototherapy Devices
- Evaluation of the current economic situationon the industry and potential recovery strategies6. Future outlook and growth prospects for informed decision-making.
Overall, this report strives to provide you with the insights and information you need to make informed business decisions and stay ahead of the competition.
All findings, data and information provided in the report have been verified and re-verified with the help of reliable sources. The analysts who wrote the report conducted in-depth research using unique and industry-best research and analysis methods.
The Infant Phototherapy Devices market is segmented as below:
By Company
Atom Medical Corporation
AVI Healthcare Pvt.
Equalize Health (D-Rev)
GE Healthcare
Ibis Medical Equipment and Systems Pvt.
Natus Medical Incorporated
Ningbo David Medical Device Co
Fanem
Weyer GmbH
Zhengzhou Dison Instrument and Meter
Segment by Type
Fluorescent Lamps (FL)
Light-emitting Diodes (LEDs)
Quartz Halogen Lamps
Gas Discharge Tubes
Others
Segment by Application
Hospital
Clinics
Others
This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
Each chapter of the report provides detailed information for readers to further understand the Infant Phototherapy Devices market:
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter Two: Detailed analysis of Infant Phototherapy Devices manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Infant Phototherapy Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Table of Contents
1 Infant Phototherapy Devices Market Overview
1.1Infant Phototherapy Devices Product Overview
1.2 Infant Phototherapy Devices Market by Type
1.3 Global Infant Phototherapy Devices Market Size by Type
1.3.1 Global Infant Phototherapy Devices Market Size Overview by Type (2019-2030)
1.3.2 Global Infant Phototherapy Devices Historic Market Size Review by Type (2019-2024)
1.3.3 Global Infant Phototherapy Devices Forecasted Market Size by Type (2025-2030)
1.4 Key Regions Market Size by Type
1.4.1 North America Infant Phototherapy Devices Sales Breakdown by Type (2019-2024)
1.4.2 Europe Infant Phototherapy Devices Sales Breakdown by Type (2019-2024)
1.4.3 Asia-Pacific Infant Phototherapy Devices Sales Breakdown by Type (2019-2024)
1.4.4 Latin America Infant Phototherapy Devices Sales Breakdown by Type (2019-2024)
1.4.5 Middle East and Africa Infant Phototherapy Devices Sales Breakdown by Type (2019-2024)
2 Infant Phototherapy Devices Market Competition by Company
2.1 Global Top Players by Infant Phototherapy Devices Sales (2019-2024)
2.2 Global Top Players by Infant Phototherapy Devices Revenue (2019-2024)
2.3 Global Top Players by Infant Phototherapy Devices Price (2019-2024)
2.4 Global Top Manufacturers Infant Phototherapy Devices Manufacturing Base Distribution, Sales Area, Product Type
2.5 Infant Phototherapy Devices Market Competitive Situation and Trends
2.5.1 Infant Phototherapy Devices Market Concentration Rate (2019-2024)
2.5.2 Global 5 and 10 Largest Manufacturers by Infant Phototherapy Devices Sales and Revenue in 2023
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Infant Phototherapy Devices as of 2023)
2.7 Date of Key Manufacturers Enter into Infant Phototherapy Devices Market
2.8 Key Manufacturers Infant Phototherapy Devices Product Offered
2.9 Mergers & Acquisitions, Expansion
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