The neonatal phototherapy market size is expected to see strong growth in the next few years. It will grow to $1.5 billion in 2030 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to rapid shift toward led phototherapy systems, rising investment in neonatal healthcare equipment, expansion of home phototherapy devices, technological advancements in energy-efficient phototherapy, increasing awareness of neonatal complications. Major trends in the forecast period include increasing use of led phototherapy devices, growing adoption of portable and home-based phototherapy units, rising demand for non-invasive neonatal care solutions, expansion of neonatal jaundice screening programs, development of energy-efficient phototherapy technologies.
The increase in birth rates is expected to drive the growth of the neonatal phototherapy market in the coming years. Rising birth rates are often influenced by factors such as improved healthcare, higher fertility rates, cultural preferences for larger families, and increased immigration in certain regions. Neonatal phototherapy is a critical treatment for managing jaundice in premature infants, as it uses light to break down excess bilirubin in the blood. This reduces the risk of serious complications, such as brain damage, which are more likely in preterm babies due to underdeveloped liver function and higher susceptibility to jaundice. For instance, in January 2023, the Centers for Disease Control and Prevention, a US-based national public health organization, reported a 1% increase in registered births in the United States, totaling 3,664,292 compared to the previous year. Therefore, rising birth rates are supporting the expansion of the neonatal phototherapy market.
Leading companies in the neonatal phototherapy market are focusing 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, especially in premature or low-birth-weight infants. For example, in October 2024, Draeger India Pvt. Ltd, an India-based 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 offers optimal care for newborns requiring intensive attention after birth, featuring dual heat sources for consistent temperature, 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 design to encourage parental involvement in infant care.
In November 2024, NeoLight LLC, a US-based medical device company, partnered with Premier Inc. through a breakthrough technology agreement for its KIINDO infant care capital equipment. The collaboration aims to advance neonatal care by introducing innovative medical technologies. Under this partnership, NeoLight’s products will be made available to Premier’s network of healthcare providers, ensuring broader access to state-of-the-art infant care solutions. Premier Inc. is a US-based healthcare company specializing in neonatal treatment.
Major companies operating in the neonatal phototherapy market are Koninklijke Philips N.V., Drägerwerk AG & Co. KGaA, Medela AG, Heal Force Bio‑Meditech Holdings Limited, Natus Medical Incorporated, Ningbo David Medical Device Co Ltd, BPL Medical Technologies Pvt Ltd, Zhengzhou Dison Instrument and Meter Co Ltd., NeoLight LLC, Atom Medical Corporation, BabyBloom Healthcare B.V., Bistos Co Ltd., Phoenix Medical Systems Pvt Ltd, Nice Neotech Medical Systems Pvt Ltd, Herbert Waldmann GmbH & Co KG.
North America was the largest region in the neonatal phototherapy market in 2025. The regions covered in the neonatal phototherapy market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the neonatal phototherapy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Tariffs on medical lighting components and electronic devices have increased production and import costs for neonatal phototherapy equipment, particularly LED-based units. Regions dependent on imported phototherapy systems, such as Asia-Pacific and Latin America, experience higher procurement costs and delivery delays. Phototherapy lamps and fiber optic systems are the most affected segments. However, tariffs have also encouraged domestic manufacturing and innovation in cost-effective neonatal phototherapy solutions.
The neonatal phototherapy market research report is one of a series of new reports 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.
Neonatal phototherapy is a medical treatment used to address jaundice in newborns by exposing them to specific wavelengths of light. This therapy helps break down excess bilirubin in the infant’s blood, which causes the characteristic yellowing of the skin and eyes. It is a non-invasive and effective approach that reduces the risk of complications from high bilirubin levels, supporting safer recovery in newborns.
The main types of neonatal phototherapy include conventional phototherapy equipment, LED phototherapy equipment, and fiber optic phototherapy equipment. Conventional phototherapy equipment employs traditional light sources, such as fluorescent bulbs, for treating neonatal jaundice. Product types include traditional phototherapy lamps, phototherapy beds, and flexible phototherapy lamps, which are used in applications such as managing neonatal jaundice and treating certain skin conditions.
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.
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Table of Contents
Executive Summary
Neonatal Phototherapy Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses 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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Description
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, including technological disruption, regulatory shifts, and changing consumer preferences? The neonatal phototherapy market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, 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. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- 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 technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- 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.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- 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 company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Type: Conventional Phototherapy Equipment; LED Phototherapy Equipment; Fiber Optic Phototherapy Equipment2) By Form Factor: 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 Units2) 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: Koninklijke Philips N.V.; Drägerwerk AG & Co. KGaA; Medela AG; Heal Force Bio‑Meditech Holdings Limited; Natus Medical Incorporated; Ningbo David Medical Device Co Ltd; BPL Medical Technologies Pvt Ltd; Zhengzhou Dison Instrument and Meter Co Ltd.; NeoLight LLC; Atom Medical Corporation; BabyBloom Healthcare B.V.; Bistos Co Ltd.; Phoenix Medical Systems Pvt Ltd; Nice Neotech Medical Systems Pvt Ltd; Herbert Waldmann GmbH & Co KG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; 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 Segmentation: 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: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Neonatal Phototherapy market report include:- Koninklijke Philips N.V.
- Drägerwerk AG & Co. KGaA
- Medela AG
- Heal Force Bio‑Meditech Holdings Limited
- Natus Medical Incorporated
- Ningbo David Medical Device Co Ltd
- BPL Medical Technologies Pvt Ltd
- Zhengzhou Dison Instrument and Meter Co Ltd.
- NeoLight LLC
- Atom Medical Corporation
- BabyBloom Healthcare B.V.
- Bistos Co Ltd.
- Phoenix Medical Systems Pvt Ltd
- Nice Neotech Medical Systems Pvt Ltd
- Herbert Waldmann GmbH & Co KG
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | February 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 1.2 Billion |
| Forecasted Market Value ( USD | $ 1.5 Billion |
| Compound Annual Growth Rate | 5.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 16 |


