Neonatal phototherapy is a treatment commonly used to address jaundice in newborns by exposing them to specific light wavelengths. This process aids in breaking down excess bilirubin in the infant's blood, which causes the yellowing of the skin and eyes. It is a safe, non-invasive method to lower the risk of complications related to high bilirubin levels, supporting a smoother recovery for the baby.
The primary types of neonatal phototherapy equipment include conventional, LED, and fiber optic systems. Conventional phototherapy devices use traditional light sources, such as fluorescent bulbs, to treat jaundice in infants. These devices, including phototherapy lamps, beds, and flexible lamps, are also employed for treating skin conditions and managing neonatal jaundice.
The neonatal phototherapy market research report is one of a series of new reports from The Business Research Company that provides neonatal phototherapy market statistics, including neonatal phototherapy industry global market size, regional shares, competitors with a neonatal phototherapy market share, detailed neonatal phototherapy market segments, market trends and opportunities, and any further data you may need to thrive in the neonatal phototherapy industry. This neonatal phototherapy market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The neonatal phototherapy market size has grown strongly in recent years. It will grow from $1.06 billion in 2024 to $1.13 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. The growth during the historic period can be attributed to advancements in healthcare infrastructure, government health initiatives, educational and training programs, support from non-profit organizations, and clinical research and studies.
The neonatal phototherapy market size is expected to see strong growth in the next few years. It will grow to $1.43 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth projected for the forecast period is driven by factors such as expanded healthcare access, government health policies, economic growth in emerging markets, enhanced training programs, and public health initiatives. Key trends in this period include the use of portable phototherapy devices, LED-based phototherapy, miniaturized devices, the integration of artificial intelligence (AI) in phototherapy, and the adoption of blue and green light technologies.
The increasing birth rates are anticipated to drive the growth of the neonatal phototherapy market. Rising birth rates often result from factors such as improved healthcare, higher fertility rates, cultural preferences for larger families, and growing immigration in specific regions. Neonatal phototherapy plays a critical role in managing jaundice in premature infants by using light to break down excess bilirubin in the blood. This treatment helps reduce the risk of severe complications, such as brain damage, which are more common in preterm infants due to their underdeveloped liver function and higher likelihood of developing jaundice. For example, in January 2023, a report from the Centers for Disease Control and Prevention (CDC) revealed a 1% increase in registered births in the United States, totaling 3,664,292, compared to the previous year. Consequently, the rising birth rates are contributing to the growth of the neonatal phototherapy market.
Companies in the neonatal phototherapy market are concentrating on developing innovative solutions, such as advanced open warmers, to improve postnatal care for newborns. An advanced open warmer (AOW) is a medical device used in neonatal and pediatric care to maintain a stable body temperature in newborns, particularly in premature or low-birth-weight infants. For example, in October 2024, Draeger India Pvt. Ltd., a medical and safety technology company, launched the BabyRoo TN300, designed to provide flexibility in labor and delivery rooms as well as neonatal intensive care units. This device aims to deliver optimal care to newborns, particularly those requiring intensive care post-birth. The BabyRoo TN300 features dual heat sources for consistent temperature maintenance, skin temperature regulation for personalized warming, a prewarm function for quick readiness, integrated thermomonitoring to detect thermal stress, lung-protective respiratory support with an AutoBreath module, and a family-centered care design to encourage parental involvement in infant care.
In November 2024, NeoLight LLC, a US-based medical device company, formed a breakthrough technology agreement with Premier Inc. to advance neonatal care with their KIINDO infant care capital equipment. This collaboration focuses on enhancing neonatal care by introducing innovative medical technologies. Through the partnership, NeoLight's products will become accessible to Premier's network of healthcare providers, improving access to state-of-the-art solutions for infant care. Premier Inc. is a US-based healthcare company specializing in neonatal treatment.
Major players in the neonatal phototherapy market are Siemens Healthcare GmbH, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Dragerwerk Aktiengesellschaft & Co. Kommanditgesellschaft auf Aktien, Medela AG, Heal Force Bio-Meditech Holdings Limited, Advanced Instrumentations Inc., Natus Medical Incorporated, Ningbo David Medical Device Co Ltd, BPL Medical Technologies Pvt Ltd, Zhengzhou Dison Instrument and Meter Co Ltd., NeoLight LLC, Okuman Medikal Sistemler Anonim Sirketi, Atom Medical Corporation, BabyBloom Healthcare B.V., Bistos Co Ltd., Elektro-Mag Medical Systems Inc., GINEVRI srl, Ibis Medical Equipment and Systems Pvt. Ltd., and Weyer GmbH.
North America was the largest region in the neonatal phototherapy market in 2024. The regions covered in neonatal phototherapy report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the neonatal phototherapy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The neonatal phototherapy market consists of revenues earned by entities providing services such as bilirubin level monitoring, phototherapy administration, nursing care, hydration and nutrition, and clinical monitoring. The neonatal phototherapy market also includes sales of fiberoptic phototherapy blankets, eye protection, incubators, and bilirubin monitoring devices. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Neonatal Phototherapy Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on neonatal phototherapy market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for neonatal phototherapy ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The neonatal phototherapy market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:1) By Type: Convectional Phototherapy Equipment; LED Phototherapy Equipment; Fiber Optic Phototherapy Equipment
2) By Product Type: Traditional Phototherapy Lamps; Phototherapy Beds; Flexible Phototherapy Lamps
3) By Application: Skin Diseases Treatment; Neonatal Jaundice Management
Subsegments:
1) By Conventional Phototherapy Equipment: Fluorescent Tube Phototherapy Units; Incandescent Lamp Phototherapy Units
2) By LED Phototherapy Equipment: Blue LED Phototherapy Units; White LED Phototherapy Units
3) By Fiber Optic Phototherapy Equipment: Overhead Fiber Optic Phototherapy Units; Blanket Or Pad-Type Fiber Optic Phototherapy Units
Companies Mentioned:Siemens Healthcare GmbH; Koninklijke Philips N.V.; GE HealthCare Technologies Inc.; Dragerwerk Aktiengesellschaft & Co. Kommanditgesellschaft auf Aktien; Medela AG
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Table of Contents
1. Executive Summary
2. Neonatal Phototherapy Market Characteristics
3. Neonatal Phototherapy Market Trends And Strategies
4. Neonatal Phototherapy Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market
5. Global Neonatal Phototherapy Growth Analysis And Strategic Analysis Framework
5.1. Global Neonatal Phototherapy PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Neonatal Phototherapy Market Growth Rate Analysis
5.4. Global Neonatal Phototherapy Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Neonatal Phototherapy Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Neonatal Phototherapy Total Addressable Market (TAM)
6. Neonatal Phototherapy Market Segmentation
6.1. Global Neonatal Phototherapy Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Convectional Phototherapy Equipment
LED Phototherapy Equipment
Fiber Optic Phototherapy Equipment
6.2. Global Neonatal Phototherapy Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Traditional Phototherapy Lamps
Phototherapy Beds
Flexible Phototherapy Lamps
6.3. Global Neonatal Phototherapy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Skin Diseases Treatment
Neonatal Jaundice Management
6.4. Global Neonatal Phototherapy Market, Sub-Segmentation Of Conventional Phototherapy Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Fluorescent Tube Phototherapy Units
Incandescent Lamp Phototherapy Units
6.5. Global Neonatal Phototherapy Market, Sub-Segmentation Of LED Phototherapy Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Blue LED Phototherapy Units
White LED Phototherapy Units
6.6. Global Neonatal Phototherapy Market, Sub-Segmentation Of Fiber Optic Phototherapy Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Overhead Fiber Optic Phototherapy Units
Blanket Or Pad-Type Fiber Optic Phototherapy Units
7. Neonatal Phototherapy Market Regional And Country Analysis
7.1. Global Neonatal Phototherapy Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Neonatal Phototherapy Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion