Global Phototherapy Equipment Market to Reach USD 1.26 Billion by 2035, Driven by Advancements in LED Technology and Rising Healthcare Demand

The phototherapy equipment market, valued at USD 716.5 million in 2025, is set to experience rapid growth, reaching an estimated USD 1.26 billion by 2035. This projected expansion, reflecting a compound annual growth rate (CAGR) of 5.8% over the next decade, is largely attributed to rising healthcare demand, the increasing prevalence of neonatal jaundice, and advancements in LED-based treatment technology.

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Why Is the Phototherapy Equipment Market Growing?

The phototherapy equipment market is fueled by a confluence of factors including an increasing prevalence of neonatal jaundice, skin disorders, and a rising demand for non-invasive treatment solutions. The adoption of LED-based phototherapy systems, which offer advantages like energy efficiency, longer lifespan, and better patient comfort, is revolutionizing the treatment of conditions like jaundice and various dermatological diseases.

Neonatal jaundice, which affects a significant number of newborns worldwide, is one of the primary drivers of phototherapy equipment demand. Effective, non-invasive light therapies are a key solution for managing the condition and preventing complications. As healthcare systems focus on reducing infant mortality rates, the demand for phototherapy devices continues to grow.

Additionally, the growing trend towards energy-efficient and portable medical devices, coupled with increasing public awareness about advanced treatment options, is creating significant growth opportunities in both developed and emerging markets. Healthcare infrastructure improvements, especially in regions like Asia-Pacific, are expected to further boost market growth.

Technological Advancements: The Role of LED-based Equipment

The LED-based phototherapy equipment segment is set to dominate the market, contributing to 36.9% of the total market revenue share by 2025. LEDs are an attractive option for phototherapy due to their high efficiency, long lifespan, and minimal heat generation. These devices are particularly beneficial for treating neonates, who require precise and gentle light therapies to avoid complications such as heat stress.

Furthermore, the compact and portable nature of LED-based systems is making them suitable not only for hospitals but also for homecare settings, providing greater flexibility in treatment delivery. These innovations are lowering operational costs for healthcare providers while enhancing the effectiveness of phototherapy treatments.

Segmental Breakdown: Neonatal Jaundice, Skin Diseases, and Beyond

The neonatal jaundice management segment is anticipated to maintain its lead, contributing 29.7% of the market share in 2025. This market segment benefits from global initiatives aimed at reducing infant mortality and increasing the use of advanced phototherapy devices in neonatal intensive care units (NICUs) and maternity wards. The non-invasive nature of phototherapy makes it an essential part of early neonatal care.

In addition to neonatal jaundice, phototherapy equipment is used for a wide range of dermatological conditions, including psoriasis, eczema, and vitiligo. These conditions, which are prevalent globally, are driving demand for phototherapy devices in dermatology clinics and homecare settings.

Regional Growth Drivers

The North American region is expected to hold a substantial portion of the market share, driven by rising cases of neonatal jaundice and skin diseases, coupled with advanced healthcare infrastructure. The increasing public awareness of modern treatment options is also contributing to market growth in this region.

However, it’s the Asia-Pacific region, particularly China and India, that shows the highest growth potential. Both countries are witnessing rapid healthcare improvements, and the demand for affordable phototherapy devices is expected to rise significantly. China, with a CAGR of 7.8%, is expected to lead the market in terms of growth, followed closely by India at 7.3%.

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Key Players in the Phototherapy Equipment Market

• GE Healthcare
• Philips Lighting Holding B.V.
• Natus Medical Incorporated
• Hill-Rom
• The Daavlin Company
• Herbert Waldmann GmbH & Co. KG
• Medela AG
• Solarc Systems Inc.
• National Biological Corp.
• Aeroflow Healthcare
• Phoenix Medical Systems Pvt. Ltd.

Future Market Trends and Opportunities

As the global healthcare landscape continues to evolve, the phototherapy equipment market is likely to witness several key trends:

• Portable Devices: Increased demand for homecare solutions will drive innovation in portable and easy-to-use phototherapy devices.
• Cost Reduction: LED technology, which offers energy savings and durability, will play a significant role in making phototherapy more accessible in resource-limited settings.
• Expansion in Emerging Markets: Countries with improving healthcare infrastructure, such as those in Southeast Asia, Africa, and Latin America, will contribute significantly to the market's growth.

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