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Middle East & Africa Neonatal Phototherapy Equipment Market Research Report - Segmented By Product, End User & Country - Industry Analysis, Size, Share, Growth, Trends, & Forecasts (2024 to 2029)

Published: March, 2023
ID: 6531
Pages: 145
Formats: report pdf report excel report power bi report ppt

MEA Neonatal Phototherapy Equipment Market Size & Growth (2024 to 2029)

As per the research report, the size of the Middle East and Africa Neonatal Phototherapy Equipment market was valued at USD 41.88 million in 2024. It is expected to grow at a CAGR of 2.7% to reach USD 47.85 million by 2029 during the forecast period 2024 to 2029. 

Technological developments, a year-over-year increase in the frequency of jaundice among newborns, and rising awareness are just a few of the major drivers driving the MEA neonatal phototherapy equipment market.

Every year, about 25-40% of newborn babies are diagnosed with jaundice, according to the Scholars Journal of Medical Sciences. Compared to fluorescent lamps, D-Rev has developed LEDs to treat jaundice. These LEDs consume the least energy and endure for a long time. According to Stanford Medical Schools, research on these LEDs was carried out in collaboration with D-Rev and showed they were effective in treating jaundice.

Another important reason driving the MEA neonatal phototherapy equipment market is advancements in the healthcare devices and phototherapy equipment, which provide better at-home care. In addition, the rising number of infants with jaundice in established and emerging nations, expanding public awareness of novel therapies, and adoption of cutting-edge technology are likely to drive the MEA neonatal phototherapy market forward.

The use of technologically improved neonatal phototherapy equipment in this region has been supported by a rise in government plans, legislation, and actions aimed at reducing these numbers and creating modern healthcare infrastructure across several regional markets. The market for neonatal phototherapy equipment has grown as disposable incomes have increased in these regions.

Phototherapy's side effects are likely to stifle the market's expansion. The phototherapy treatment equipment does not work at certain periods, and this aspect is projected to limit the MEA neonatal phototherapy market's growth. In addition, the development of the neonatal phototherapy equipment market is being hampered by governments' strict laws and regulations when authorizing innovative treatment procedures that concern people's safety.

COVID-19 is a global public health disaster affecting practically every industry. The COVID-19 epidemic has provided a tremendous difficulty for neonatal phototherapy equipment manufacturers and distributors worldwide, as manufacturing services and distribution channels have been shut down.

This research report on the MEA Neonatal Phototherapy Equipment Market has been segmented and sub-segmented into the following categories:

By Product: 

  • B.P. Monitoring Devices
  • Pulse-oximeters
  • Temperature Monitoring Devices

By End User:

  • Hospitals
  • Physician’s Office
  • Home Healthcare
  • Ambulatory Centres
  • Emergency Care Centres
  • Other Healthcare Settings

By Country:

  • KSA
  • UAE
  • Israel
  • rest of GCC countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • rest of MEA

Geographically, the Middle East & Africa Neonatal phototherapy equipment market is estimated to grow at a moderate rate over the forecast period due to the increased occurrence of preterm babies with low birth weight is likely to drive the region’s market, and these factors will fuel demand for newborn phototherapy devices in MEA.

The UAE neonatal phototherapy equipment market is predicted to reach a decent CAGR due to the growing demand for sound healthcare infrastructure; technologically advanced phototherapy equipment is quickly being employed throughout the Middle East and Africa. Furthermore, over the next several years, global jaundice hazards are projected to drive the market for newborn phototherapy equipment in the Middle East and Africa.

The South African neonatal phototherapy equipment market is expected to increase rapidly due to a high number of new enterprises that are expected to enter the market, resulting in more regional competition. Furthermore, as the need for highly inventive and technologically advanced items grows, so will the demand for such products.

The Turkey neonatal phototherapy equipment market is seeing an increase in the use of phototherapy devices due to the country's high rate of newborn jaundice. Furthermore, an increased number of infants in the country have been diagnosed with acute bilirubin encephalopathy. 

Furthermore, growing concerns about newborn health are causing the country's healthcare business to shift its focus to deploying innovative medical technology.

KEY MARKET PLAYERS

Leading companies dominating the MEA Neonatal Phototherapy Equipment Market profiled in the report are G.E. Healthcare (U.S.), Atom Medical Corporation (Japan), Philips Lighting Holding B.V. (Netherlands), Herbert Waldmann GmbH & Co. K.G. (Germany), Phoenix Medical Systems Pvt. Ltd. (India), Natus Medical Incorporated (U.S.), National Biological Corp. (U.S.).,

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