info@marketresearchfuture.com   ๐Ÿ“ž +1 (855) 661-4441(US)   ๐Ÿ“ž +44 1720 412 167(UK)   ๐Ÿ“ž +91 2269738890(APAC)
Certified Global Research Member
Esomar23 wcrc
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major playersรขโ‚ฌโ„ข financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Phototherapy Market Share

ID: MRFR//1312-CR | 168 Pages | Author: Rahul Gotadki| March 2021

Phototherapy Market Share Analysis

The incidence of preterm births, a significant contributor to neonatal mortality in the United States, has seen an uptick following declines observed in 2007 and 2014, as indicated by the latest annual report from the National Center for Health Statistics. Additionally, the rate of low birth weight experienced an increase in 2016. This unsettling trend underscores the importance of addressing factors influencing birth outcomes.
According to the report, the preterm birth rates in the United States climbed from 9.63% in 2015 to 9.84% in 2016, while the low birth weight rate saw an increase from 8.07% in 2015 to 8.16% in 2016. These figures highlight the persistent challenges associated with preterm births and underscore the need for effective interventions to improve neonatal outcomes.

Phototherapy stands out as a widely employed method for treating jaundiced preterm or low birth-weight infants. This therapeutic approach involves exposing newborns to specific wavelengths of light, effectively reducing elevated bilirubin levels in the bloodstream through a process known as photo-oxidation. During photo-oxidation, the interaction of light with bilirubin enhances its oxygenation, facilitating its dissolution in water.

Given the increasing prevalence of preterm and low birth-weight cases, the demand for phototherapy is expected to witness a corresponding rise. Phototherapy's effectiveness in managing jaundice in newborns makes it a crucial component of neonatal care, especially in cases where bilirubin levels need to be carefully regulated to prevent complications.

As healthcare providers and facilities grapple with the challenge of addressing the growing incidence of preterm births and associated complications, the role of phototherapy becomes more pronounced. The treatment's ability to mitigate the impact of jaundice in vulnerable newborns contributes to improved health outcomes, aligning with the broader goal of enhancing neonatal care.

Phototherapy, with its established efficacy in managing jaundice, emerges as a critical tool in the comprehensive care of preterm or low birth-weight infants. As the demand for interventions to address neonatal health challenges grows, phototherapy is poised to play a pivotal role in ensuring healthier outcomes for this vulnerable population.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation 2021
Historical Data 2018 & 2020
Forecast Period 2023-2032
Growth Rate 4.4% (2023-2032)
Leading companies partner with us for data-driven Insights
clients
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.