San Francisco, California, June 01, 2018: Neonatal phototherapy devices are the healthcare gadgets that are utilized in treating \neonatal jaundice. Even though the traditional phototherapy gadgets are commonly utilized in photo therapy, the new little phototherapy gadgets have advantages for example, ease of connectivity to incubator and enhanced lifespan. On the flipside, conventional phototherapy devices are more pocket-friendly and are used more commonly. As a result of this, the global neonatal phototherapy devices market is anticipated to grow within the forecast period from 2017 to 2025.
The various kinds of neonatal phototherapy devices present in the market currently are, flexible phototherapy lamps, traditional phototherapy lamps, and phototherapy beds. It is foreseen that the launch of new and innovative products is expected to augment the growth of global phototherapy devices Market.
The supportive measures taken by the governments to better the healthcare system for infants and children will also increase the growth of neonatal phototherapy devices market. Moreover, to this the increase in demand for effective diagnosis and treatment for neonatal jaundice, also likely to fuel the demand for neonatal phototherapy devices. Homecare and hospitals and Homecare settings are two main key users of neonatal photography gadgets. Besides, the hardships faced due to strict regulatory policies, and product approval are some of the major hindrances in overall amrket growth.
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Geographically, North America holds the highest growth rates due to consistent advancements in innovation and rise in awareness among the population. The establishment of high-end healthcare system in the region is another reason behind the market growth.
Some of the leading players in the market are Natus Medical Incorporated (U.S.), Koninklijke Philips N.V. (Netherlands), Novos Medical Systems (Turkey), Atom Medical Corporation (Japan), and General Electric Company (U.S.).