FMI’s Detailed Report on Phototherapy Lamps Market Offers Projections of Potential Impact of Corona Virus Outbreak
Analysts at Future Market Insights find that the global Phototherapy Lamps market has been evolving at a CAGR of xx% during the historic period 2012-2016. The market study suggests that the global market size of Phototherapy Lamps is projected to reach ~US$ xx Mn/Bn by the end of 2026 with a CAGR of xx% over the stipulated timeframe 2017-2026.
The COVID-19 pandemic has been posing measurable impact on the global economy and, in turn, on the Phototherapy Lamps market. Quarantines, traveling constraints, and social distancing measures on a broad-scale drive a steep decline in business and consumer spending until the end of Q2. This research work intends to offer market players with a viewpoint on the changing scenario and implications for the market players.
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The Phototherapy Lamps market research demonstrates the current and future market share of each region along with the important countries in respective region. Key regions include:
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa
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The study reveals that LED-based phototherapy lamps are the top-selling products in the global market. Low risk of burns, cost-effective production, and easy installation will continue to drive the demand for LED-based phototherapy lamps in the foreseeable future. By the end of 2026, nearly US$ 1.6 Bn worth of revenues procured in the global phototherapy lamps market will be accounted by the LED segment. The study also reveals that the demand for UV-based phototherapy lamps will be impressive, while halogen lamps will lose traction towards the end of the forecast period..
On the basis of their applications, phototherapy lamps will be predominantly used in the treatment of psoriasis. In 2017, phototherapy lamps sold for treatment of psoriasis across the globe are expected to bring in over half a billion dollars.
Leading manufacturers of phototherapy lamps have been profiled in the report. Koninklijke Philips N.V., General Electric Company, Drägerwerk AG & Co. KGaA, Bistos Co. Ltd., TSE SPOL. S. R. O., The Daavlin Company, Fanem Ltda., Herbert Waldmann GmbH & Co. KG, Natus Medical Incorporated, and Schulze & Bohm GmbH are expected to actively partake in the expansion of the global phototherapy lamps market through 2026.
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What does the Phototherapy Lamps market research holds for the readers?
- One by one company profile of key vendors.
- Influence of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Phototherapy Lamps market.
- Evaluation of supply-demand ratio in every end use industry.
- Regional analysis on the basis of market share, growth outlook, and key countries.
- Positive and negative aspects associated with the consumption of Phototherapy Lamps.
The Phototherapy Lamps market research clears away the following queries:
- What is the present and future outlook of the global Phototherapy Lamps market on the basis of region?
- What tactics are the Phototherapy Lamps market vendors implementing to give tough competition to their business counterparts?
- What are the macro- and microeconomic factors affecting the global Phototherapy Lamps market?
- Which end use segment is spectated to lead by the end of 2029?
- Why region has the highest consumption of Phototherapy Lamps?
COVID -19 : Impact Analysis @ https://www.futuremarketinsights.com/covid19/rep-gb-5834
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