Neonatal Phototherapy Devices Market: By Product Type (Flexible Phototherapy Lamps, Traditional Phototherapy Lamps, Phototherapy Beds), By End-User (Hospitals, Home Care Settings), and Geography     

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The global neonatal phototherapy devices market size valued at USD 512 million in 2021 and is anticipated to grow at USD 683 million by 2028 recording a CAGR of 4.2% during the forecast period 2022-2028. Neonatal phototherapy devices market growth driven by technological advancements in phototherapy devices. Most of the non-profit organizations and market players are collaborating to develop the cost-effective neonatal therapy devices that can treat the neonatal jaundice at minimal cost. Every year, roughly 25-40% of newborn babies are diagnosed with jaundice, according to the Scholars Journal of Medical Sciences. In comparison to fluorescent lamps, D-Rev has invented LEDs for the treatment of jaundice. These LEDs consume the least amount of energy and last for a long time. Moreover, government initiations in various countries to provide better treatment for newborn babies and children, high frequency of neonatal jaundice, and increase in awareness about the treatment are anticippated to propel the market. Furthermore, launching of newer products anticipated to bolster the market revenue. For instance, in January 2015, Phoenix Medical Systems launched Brilliance Pro, neonatal phototherapy device with special features such as smarttilt to provide constant intensity across the baby’s skin. Neonatal phototherapy devices are the medical devices used in the treatment of neonatal jaundice. Neonatal jaundice occurs in majority of newborn babies and if untreated, it may cause severe hyperbilirubinemia that leads to neurological damage or death. Traditional phototherapy devices are commonly used in the phototherapy due to their relative affordability. These devices have improved lifespan and easily connected to the incubator.

Neonatal Phototherapy Devices Market Summary

Study Period


Base Year




Largest Market

North America

Fastest Growing Market

Neonatal Phototherapy Devices Market Dynamics

Increase in the prevalence and incidence of neonatal jaundice, technological advancements in the phototherapy devices, government initiations for new-born and childcare, and rise in demand for effective treatment for neonatal jaundice are anticipated to fuel the neonatal phototherapy devices market. However, stringent regulatory policies for product approval, lack of skilled professionals, and unavailability of devices in rural areas are expected to restrain the growth of neonatal phototherapy devices market over the forecast period.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Neonatal Phototherapy Devices Market Segmentation

By Product Type
  • Flexible Phototherapy Lamps
  • Traditional Phototherapy Lamps
  • Phototherapy Beds
By end user
  • Hospitals
  • Home Care Settings
By Geography
North America
  • US
  • Canada
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe
  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific
Latin America
  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America
Middle East and Africa (MEA)
  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

Frequently Asked Questions

The Neonatal Phototherapy Devices Market is projected to expand at a CAGR of 4.2% during the forecast period.

Koninklijke Philips, Medela AG, Novos Medical Systems, Phoenix Medical Systems, Dragerwerk AG & Co, Weyer GmbH, General Electric Company

Asia-Pacific is the fastest-growing region for Neonatal Phototherapy Devices Market

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  • Koninklijke Philips N.V. (Netherlands)
  • Medela AG (Switzerland)
  • Novos Medical Systems (Turkey)
  • Phoenix Medical Systems Pvt. Ltd (India)
  • Dragerwerk AG & Co. KGaA (Germany)
  • Weyer GmbH (Germany)
  • General Electric Company (U.S.)
  • BabyBloom Healthcare BV (Netherlands)
  • Natus Medical Incorporated (U.S.)
  • Atom Medical Corporation (Japan)