Phototherapy Treatment Market Forecasted to Reach USD 11.5 Billion By 2032, at an Impressive 5.0% CAGR

Phototherapy Treatment Market Growth Research Report and Trends Analysis By By Therapeutic Application (Jaundice, Psoriasis, Eczema, Vitiligo), By Light Source (Ultraviolet B (UVB), Ultraviolet A (UVA)), By Treatment Modality (Narrowband Phototherapy, Broadband Phototherapy, Excimer Laser Therapy), By End-User (Hospitals, Clinics, Home Care Settings) and By Regions - Forecast to 2032

phototherapy treatment Market Key Highlighted Trends:

In the year 2025, the Phototherapy Treatment Market growth is growing steadily with exponential rate and a rising adoption of strategies by top industry players, over the projected horizon 2025 to 2035. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the phototherapy treatment Market.

Phototherapy Treatment Market: Innovations and Opportunities Driving B2B Expansion

The global phototherapy treatment market is undergoing significant transformation, backed by technological innovation, rising skin disease incidence, and growing demand across clinical and aesthetic settings. Valued at USD 7.41 billion in 2023 and estimated to reach USD 7.79 billion in 2024, the market is projected to grow to USD 11.5 billion by 2032, expanding at a CAGR of 5.0% during the forecast period. With broader applications in dermatology, neonatology, and mental health, phototherapy is becoming an essential modality across various healthcare institutions and specialty clinics.

Phototherapy treatment involves the use of light—typically ultraviolet (UV) or visible spectrum light—to treat conditions ranging from neonatal jaundice to chronic skin diseases and mood disorders. It has gained traction due to its non-invasive nature, minimal side effects, and high efficacy in managing long-term conditions such as psoriasis, vitiligo, and atopic dermatitis. For B2B stakeholders, including equipment manufacturers, hospitals, and distributors, the phototherapy treatment market presents substantial commercial potential.

The rising prevalence of skin disorders is a primary growth driver for the phototherapy treatment market. Chronic conditions such as eczema, psoriasis, and vitiligo are increasingly common due to genetic, environmental, and lifestyle factors. In many regions, UVB phototherapy and PUVA (psoralen plus UVA) therapy are being adopted as cost-effective, first-line treatments. Additionally, atopic dermatitis is becoming more widespread among pediatric and adult populations, creating continuous demand for advanced phototherapy solutions.

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Technological advancements are playing a pivotal role in shaping the phototherapy treatment market landscape. LED-based phototherapy devices are gaining ground due to their low energy consumption, longer lifespan, and targeted wavelength delivery. Innovations in narrowband UVB therapy and full-body light therapy units are enhancing patient comfort, treatment outcomes, and operational efficiency. Handheld and portable devices are also enabling home-based therapy, particularly for patients with limited mobility or access to clinical care.

Growing awareness of phototherapy’s medical benefits is another significant factor driving market expansion. Medical professionals are increasingly recommending phototherapy for its effectiveness and reduced risk profile compared to long-term pharmaceutical use. Public health campaigns, dermatological education, and physician endorsements are also contributing to increased adoption rates across both developed and developing economies.

Reimbursement policies and insurance coverage have become crucial elements for decision-makers in the B2B phototherapy treatment market. Favorable reimbursement for procedures such as UV light therapy for psoriasis and phototherapy for neonatal jaundice ensures financial feasibility for hospitals and specialty centers. This, in turn, encourages institutions to invest in high-end equipment, fostering market growth.

However, competition from alternative therapies, such as biologics and topical medications, poses a challenge to the market. To stay competitive, device manufacturers must focus on innovations that improve precision, safety, and treatment speed. Furthermore, integrating digital diagnostics and AI-assisted monitoring could enhance device value propositions in clinical settings.

The phototherapy treatment market is segmented by treatment type, disease application, device type, device modality, end user, and region. Treatment types range from UVB and UVA therapies to blue light and red light therapies. Disease applications include psoriasis, eczema, acne, vitiligo, neonatal jaundice, and seasonal affective disorder (SAD). Device modalities include stationary units for hospitals and mobile or wearable systems for outpatient or home care. The key end users include hospitals, dermatology clinics, neonatal care units, and wellness centers.

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Geographically, North America leads the market due to its robust healthcare infrastructure, strong reimbursement frameworks, and early adoption of advanced technologies. Europe follows with a high prevalence of skin diseases and government support for non-invasive treatments. The Asia-Pacific region is witnessing fast growth due to rising healthcare investments and awareness, particularly in countries such as India, China, and Japan. Latin America and MEA regions are gradually expanding with increased public-private healthcare partnerships and localized manufacturing.

Key players operating in the phototherapy treatment market include

• Hill-Rom Holdings

• Natus Medical Incorporated

• GE Healthcare

• Philips Healthcare

• Planmeca

• 3M

• Asahi Kasei Corporation

• Bio-Light

• Buchler Instruments

• Candela Corporation

• Chattanooga Group

• Dermalux

• Enraf-Nonius

• Fisher & Paykel Healthcare

These companies are investing in R&D to enhance device efficacy, integrate smart monitoring capabilities, and meet regulatory compliance across international markets. Partnerships with hospitals, distribution networks, and research institutions are also central to their growth strategies.

The market presents considerable opportunities in treating neonatal jaundice, where phototherapy remains the standard of care. Additionally, chronic skin disorders such as psoriasis and vitiligo are generating sustained demand for outpatient phototherapy systems. Mental health applications—particularly in treating seasonal affective disorder (SAD)—are gaining prominence as light-based therapy proves effective in regulating circadian rhythms. Dermatology practices are also leveraging phototherapy for acne treatment and anti-aging skin rejuvenation, expanding the market’s reach into aesthetic medicine.

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For B2B players, the phototherapy treatment market offers strong growth prospects, but success requires strategic focus on technology, regulatory adaptability, and clinical partnerships. Providers who prioritize safety, efficacy, and operational flexibility in device design will be better positioned to meet the evolving demands of healthcare institutions and patients alike.

Key Questions delivered by Analyzing study of phototherapy treatment Market

·  What are the upcoming industry applications and trends for the phototherapy treatment Market?

·   Who are the major players operating in the phototherapy treatment Market and who are the front runners?

·   What are the recent industry trends that can be implemented to generate additional revenue streams?

·   What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for phototherapy treatment Market?

·   Where will the strategic developments take the industry in the mid to long-term?

·   What Will Be the Growth Estimation of Cost and Profit during 2025 to 2035?

Avail This phototherapy treatment Market Language Pages Here

光線療法市場規模 | Marktanteil bei Phototherapiebehandlungen | Analyse du marché des traitements de photothérapie | 광선 요법 치료 시장 분석 | 光疗治疗市场概况 | Tendencias del mercado de tratamientos de fototerapia

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