The World Health Organization estimated in 2015 that 4/5th of preterm infants developed jaundice. Preterm birth rates can be as high as 7% in developed countries and are even higher in developing ones. Babies with neonatal jaundice are far more likely to develop hyperbilirubinemia that can lead to neurological damage or even premature death.
The National Institute of Health journal estimated that healthcare cost linked to preterm American births in terms of lost efficiency and medical expenditure were more than USD 26 billion in 2005 itself. APAC and Africa had the unfortunate distinction of accounting for more than 80% of all preterm births in 2005, making infants there vulnerable to neonatal jaundice. Therefore, neonatal phototherapy treatment is the need of the hour.
Rapid technological innovations are predicted to favour companies investing in user-friendly control panel phototherapy devices and blue spectrum radiation sources. Key stakeholders are working on LED radiation sources as they can optimally control radiation intensity and have consume a minimal amount of power.
Companies in the neonatal phototherapy devices market are focusing on devices with a peak wavelength of 460 nm and which can be mounted on an incubator or a warmer to avoid infrared and ultraviolet radiation.
The primary drivers of growth in the neonatal phototherapy devices market are the high frequency of neonatal jaundice, rising demand for effective neonatal jaundice treatment and management, and a greater awareness of the existence of such procedures.
The largest end-user in the neonatal phototherapy devices market is undoubtedly hospitals and NICU’s. However, the high treatment cost and lack of adequate phototherapy units at the vast majority of neonatal phototherapy centres have assisted the growth of home-based phototherapy units.
Home-based phototherapy units have several advantages such as reduced patient hassle, transportation cost, and hospital waiting time. Furthermore, home-based phototherapy reduces both direct and indirect healthcare costs and improves the mother-infant bonding.
An article published in the USA National Library of Medicine stated that approx. USD 18,000 was saved by a little over 60 infants in their homes as opposed to hospitals and there were no reported side-effects.
The uptake of neonatal phototherapy devices is minimal in low and medium income countries. Most revenue in the neonatal phototherapy devices market is generated in developed economies, their low birth rates notwithstanding. The North America neonatal phototherapy devices market is poised to grow to more than USD 36 million in 2027 with the USA alone approaching USD 35 million.
The main reason for this is the lack of product development in the neonatal phototherapy devices market. There have been several cases where neonatal phototherapy devices have failed and been recalled by the FDA, hampering revenue growth during the forecast period. For e.g. - In December 2016, the NeoBlue Blanket LED Phototherapy System was recalled by the FDA because of device degradation following the melting of its fibre optic cable.
Neonatal phototherapy devices are extremely expensive making affordability a critical issue in emerging economies as hospitals there often have limited funds and cannot afford to maintain such equipment.
A Stanford study said that many hospitals in Nigeria and India were unable to source an average of six phototherapy bulbs that cost roughly USD 15 per bulb as they needed to be replaced every four months.
The APAC neonatal phototherapy devices market is anticipated to be valued at more than USD 4 million by end 2027. Thus, companies need to try to make their neonatal phototherapy devices cost-effective and governmental support will also go a long way in boosting the prospects of the neonatal phototherapy devices market in emerging economies.
Table 01: Suggested use of phototherapy and exchange transfusion in preterm infants <35 weeks gestation age
Table 02: AAP Recommendations for Home Phototherapy for Low-Risk Infant
Table 03: Percentage of Neonatal Phototherapy devices used in Home care settings
Table 04 : Neonatal Jaundice Incidence and Phototherapy Treatment by Country (2016)
Table 05: Number of hospitals with a NICU and number of NICU beds in United States
Table 06: North America Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, By Country (2012-2027)
Table 07: North America Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, End User By Product Type (2012-2027)
Table 08: North America Neonatal Phototherapy Devices Volume (Units) Analysis and Forecast, End User By Product Type (2012-2027)
Table 09: U.S. Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, End User By Product Type (2012-2027)
Table 10: U.S. Neonatal Phototherapy Devices Volume (Units) Analysis and Forecast, End User By Product Type (2012-2027)
Table 11: Latin America Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, By Country (2012-2027)
Table 12: Latin America Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, End User By Product Type (2012-2027)
Table 13: Latin America Neonatal Phototherapy Devices Volume (Units) Analysis and Forecast, End User By Product Type (2012-2027)
Table 14: Europe Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, By Country (2012-2027)
Table 15: Europe Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, End User By Product Type (2012-2027)
Table 16: Europe Neonatal Phototherapy Devices Volume (Units) Analysis and Forecast, End User By Product Type (2012-2027)
Table 17: Germany Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, End User By Product Type (2012-2027)
Table 18: Germany Neonatal Phototherapy Devices Volume (Units) Analysis and Forecast, End User By Product Type (2012-2027)
Table 19: Asia Pacific Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, By Country (2012-2027)
Table 20: Asia Pacific Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, End User By Product Type (2012-2027)
Table 21: Asia Pacific Neonatal Phototherapy Devices Volume (Units) Analysis and Forecast, End User By Product Type (2012-2027)
Table 22: China Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, End User By Product Type (2012-2027)
Table 23: China Neonatal Phototherapy Devices Volume (Units) Analysis and Forecast, End User By Product Type (2012-2027)
Table 24: India Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, End User By Product Type (2012-2027)
Table 25: India Neonatal Phototherapy Devices Volume (Units) Analysis and Forecast, End User By Product Type (2012-2027)
Table 26: Australia Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, End User By Product Type (2012-2027)
Table 27: Australia Neonatal Phototherapy Devices Volume (Units) Analysis and Forecast, End User By Product Type (2012-2027)
Table 28: MEA Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, By Country (2012-2027)
Table 29: MEA Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, End User By Product Type (2012-2027)
Table 30: MEA Neonatal Phototherapy Devices Volume (Units) Analysis and Forecast, End User By Product Type (2012-2027)
Table 31: South Africa Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, End User By Product Type (2012-2027)
Table 32: South Africa Neonatal Phototherapy Devices Volume (Units) Analysis and Forecast, End User By Product Type (2012-2027)
Table 33: Global Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, By Region (2012-2027)
Table 34: Global Neonatal Phototherapy Devices Value (US$ Mn) Analysis and Forecast, End User By Product Type (2012-2027)
Table 35: Global Neonatal Phototherapy Devices Volume (Units) Analysis and Forecast, End User By Product Type (2012-2027)
Figure 01: Global Neonatal Phototherapy Devices Market Revenue Share, End User Analysis by, Traditional Phototherapy Lamps 2016A & 2027F
Figure 02: Global Neonatal Phototherapy Devices Market Revenue Share, End User Analysis by, Phototherapy Beds 2016A & 2027F
Figure 03: Global Neonatal Phototherapy Devices Market Revenue Share, End User Analysis by, Flexible Phototherapy Lamps 2016A & 2027F
Figure 04: Global Neonatal Phototherapy Devices Market Revenue Share by Region, 2016A
Figure 05: Countries with the greatest number of preterm births
Figure 06: ESI Expenditure ($) Per Capita on Children (Age:0-5), 2009 – 2012
Figure 07: Some Developing Countries with the Greatest Fertility Rates (Children born/Women)
Figure 08: Birth Rate of Some Developed Economies (Births/1000 population)
Figure 09: Number of Neonatal Deaths (Thousands)
Figure 10: Percent Change in Infant Mortality Rate in the United States, 2005 2007 and 2012- 2014
Figure 11: North America Neonatal Phototherapy Device Market Value Share (2017)
Figure 12: North America Neonatal Phototherapy Devices Market Forecast 2017 and 2027
Figure 13: North America Neonatal Phototherapy Device Pricing Analysis (2016 and 2027)
Figure 14: North America Phototherapy Devices Installed Base by End User (2016)
Figure 15: North America Phototherapy Devices Volume Analysis by Product Type(2016)
Figure 16: North America Neonatal Phototherapy Devices Market, 2012 - 2016
Figure 17: North America Neonatal Phototherapy Devices Market Size (US$ Mn) & Y-o-Y analysis, 2016 - 2027
Figure 18: North America Neonatal Phototherapy Devices Market Attractiveness Analysis By Country, 2017–2027
Figure 19: North America Neonatal Phototherapy Devices Market Attractiveness Analysis, By Product Type, 2017–2027
Figure 20: North America Neonatal Phototherapy Device Market Value Share (2017)
Figure 21: U.S. Neonatal Phototherapy Devices Market Forecast 2017 and 2027
Figure 22: U.S. Phototherapy Devices Installed Base by End User (2016)
Figure 23: U.S. Phototherapy Devices Volume Analysis by Product Type (2016)
Figure 24: U.S. Neonatal Phototherapy Devices Market, 2012 - 2016
Figure 25: U.S. Neonatal Phototherapy Devices Market Size (US$ Mn) & Y-o-Y analysis, 2016 - 2027
Figure 26: U.S. Neonatal Phototherapy Devices Market Attractiveness Analysis, By Product Type, 2017–2027
Figure 27: Latin America Infant Mortality Rates (Total, Deaths/1,000 Live Births, 2010 – 2016)
Figure 28: Latin America Neonatal Phototherapy Device Market Value Share (2017)
Figure 29: Latin America Neonatal Phototherapy Devices Market Forecast 2017 and 2027
Figure 30: Latin America Neonatal Phototherapy Device Pricing Analysis (2016 and 2027)
Figure 31: Latin America (Brazil & Mexico) Phototherapy Devices Installed Base by End User (2016)
Figure 32: Latin America Phototherapy Devices Volume Analysis by Product Type (2016)
Figure 33: Latin America Neonatal Phototherapy Devices Market, 2012 - 2016
Figure 34: Latin America Neonatal Phototherapy Devices Market Size (US$ Mn) & Y-o-Y analysis, 2016 - 2027
Figure 35: Latin America Neonatal Phototherapy Devices Market Attractiveness Analysis By Country, 2017–2027
Figure 36: Latin America Neonatal Phototherapy Devices Market Attractiveness Analysis, By Product Type, 2017–2027
Figure 37: Percentage of Preterm Births in European Countries
Figure 38: Europe Neonatal Phototherapy Device Market Value Share (2017)
Figure 39: Europe Neonatal Phototherapy Devices Market Forecast 2017 and 2027
Figure 40: Europe Neonatal Phototherapy Device Pricing Analysis (2016 and 2027)
Figure 41: Europe (UK, Germany, France, Spain, Italy) Phototherapy Devices Installed Base by End User (2016)
Figure 42: Europe Phototherapy Devices Volume Analysis by Product Type(2016)
Figure 43: Europe Neonatal Phototherapy Devices Market, 2012 - 2016
Figure 44: Europe Neonatal Phototherapy Devices Market Size (US$ Mn) & Y-o-Y analysis, 2016 - 2027
Figure 45: Europe Neonatal Phototherapy Devices Market Attractiveness Analysis By Country, 2017–2027
Figure 46: Europe Neonatal Phototherapy Devices Market Attractiveness Analysis, By Product Type, 2017–2027
Figure 47: Germany Neonatal Phototherapy Device Market Value Share (2017)
Figure 48: Germany Neonatal Phototherapy Devices Market Forecast (US$ Mn ) 2017 and 2027
Figure 49: Germany Phototherapy Devices Installed Base by End User (2016)
Figure 50: Germany Phototherapy Devices Volume Analysis by Product Type (2016)
Figure 51: Germany Neonatal Phototherapy Devices Market, 2012 - 2016
Figure 52: Germany Neonatal Phototherapy Devices Market Size (US$ Mn) & Y-o-Y analysis, 2016 - 2027
Figure 53: Germany Neonatal Phototherapy Devices Market Attractiveness Analysis, By Product Type, 2017–2027
Figure 54: Causes of Under-five Deaths in the Western Pacific Region, 2010
Figure 55: Neonatal Jaundice in Asian Countries
Figure 56: Asia Pacific Neonatal Phototherapy Device Market Value Share (2017)
Figure 57: Asia Pacific Neonatal Phototherapy Devices Market Forecast 2017 and 2027
Figure 58; Asia Pacific Neonatal Phototherapy Device Pricing Analysis (2016 and 2027)
Figure 59: Asia Pacific (Japan, Australia, China, India) Phototherapy Devices Installed Base by End User (2016)
Figure 60: Asia Pacific Phototherapy Devices Volume Analysis by Product Type (2016)
Figure 61: Asia Pacific Neonatal Phototherapy Devices Market, 2012 - 2016
Figure 62: Asia Pacific Neonatal Phototherapy Devices Market Size (US$ Mn) & Y-o-Y analysis, 2016 - 2027
Figure 63: Asia Pacific Neonatal Phototherapy Devices Market Attractiveness Analysis By Country, 2017–2027
Figure 64: Asia Pacific Neonatal Phototherapy Devices Market Attractiveness Analysis, By Product Type, 2017–2027
Figure 65: China Neonatal Phototherapy Device Market Value Share (2017)
Figure 66: China Neonatal Phototherapy Devices Market Forecast (US$ Mn ) 2017 and 2027
Figure 67: China Phototherapy Devices Installed Base by End User (2016)
Figure 68: China Phototherapy Devices Volume Analysis by Product Type (2016)
Figure 69: China Neonatal Phototherapy Devices Market, 2012 - 2016
Figure 70: China Neonatal Phototherapy Devices Market Size (US$ Mn) & Y-o-Y analysis, 2016 - 2027
Figure 71: China Neonatal Phototherapy Devices Market Attractiveness Analysis, By Product Type, 2017–2027
Figure 72: India Neonatal Phototherapy Device Market Value Share (2017)
Figure 73: India Neonatal Phototherapy Devices Market Forecast (US$ Mn ) 2017 and 2027
Figure 74: India Phototherapy Devices Installed Base by End User (2016)
Figure 75: India Phototherapy Devices Volume Analysis by Product Type (2016)
Figure 76: India Neonatal Phototherapy Devices Market, 2012 - 2016
Figure 77: India Neonatal Phototherapy Devices Market Size (US$ Mn) & Y-o-Y analysis, 2016 - 2027
Figure 78: India Neonatal Phototherapy Devices Market Attractiveness Analysis, By Product Type, 2017–2027
Figure 79: Australia Neonatal Phototherapy Device Market Value Share (2017)
Figure 80: Australia Neonatal Phototherapy Devices Market Forecast (US$ Mn ) 2017 and 2027
Figure 81: Australia Phototherapy Devices Installed Base by End User (2016)
Figure 82: Australia Phototherapy Devices Volume Analysis by Product Type (2016)
Figure 83: Australia Neonatal Phototherapy Devices Market, 2012 - 2016
Figure 84: Australia Neonatal Phototherapy Devices Market Size (US$ Mn) & Y-o-Y analysis, 2016 - 2027
Figure 85: Australia Neonatal Phototherapy Devices Market Attractiveness Analysis, By Product Type, 2017–2027
Figure 86: Rates of Preterm Births (Preterm births/100) in Africa
Figure 87: MEA Neonatal Phototherapy Device Market Value Share (2017)
Figure 88: MEA Neonatal Phototherapy Devices Market Forecast 2017 and 2027
Figure 89: MEA Neonatal Phototherapy Device Pricing Analysis (2016 and 2027)
Figure 90: MEA Neonatal Phototherapy Devices Market, 2012 - 2016
Figure 91: MEA Neonatal Phototherapy Devices Market Size (US$ Mn) & Y-o-Y analysis, 2016 - 2027
Figure 92: MEA Neonatal Phototherapy Devices Market Attractiveness Analysis By Country, 2017–2027
Figure 93: MEA Neonatal Phototherapy Devices Market Attractiveness Analysis, By Product Type, 2017–2027
Figure 94: South Africa Neonatal Phototherapy Device Market Value Share (2017)
Figure 95: South Africa Neonatal Phototherapy Devices Market Forecast (US$ Mn ) 2017 and 2027
Figure 96: South Africa Phototherapy Devices Installed Base by End User (2016)
Figure 97: South Africa Phototherapy Devices Volume Analysis by Product Type (2016)
Figure 98: South Africa Neonatal Phototherapy Devices Market, 2012 - 2016
Figure 99: South Africa Neonatal Phototherapy Devices Market Size (US$ Mn) & Y-o-Y analysis, 2016 - 2027
Figure 100: South Africa Neonatal Phototherapy Devices Market Attractiveness Analysis, By Product Type, 2017–2027
Figure 101: Global Neonatal Phototherapy Devices Market Attractiveness Analysis, By Region
Figure 102: Global Neonatal Traditional Phototherapy Devices Market Attractiveness Analysis By End User, 2017–2027
Figure 103: Global Neonatal Phototherapy Devices Historical Market Size and Y-o-Y, 2012 - 2016
Figure 104: Global Neonatal Phototherapy Devices Projected Market Size (US$ Mn) and Y-o-Y, 2017 - 2027
Figure 105: Global Neonatal Phototherapy Devices Market Volume (Units), 2016 - 2017
Figure 106: Global Neonatal Phototherapy Devices Market Absolute $ Opportunity, 2012–2027
The neonatal phototherapy devices market is likely to secure a CAGR of 3.7% through 2032.
The neonatal phototherapy devices market size is estimated to cross USD 142.13 Million by 2032.
The neonatal phototherapy devices market is likely to record a value of USD 98.83 Million in 2022.
Asia Pacific is likely to lead the neonatal phototherapy devices market.
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Neonatal Phototherapy Devices Market
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