In a recent published report, Kenneth Research has updated the Medical Phototherapy Lamps Market report for for 2024 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2024- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2024, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2024. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2024. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2024. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2024 till March 2024 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Medical Phototherapy Lamps Market products.
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According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.
The report analyses the global Medical Phototherapy Lamps market, the market size and growth, as well as the major market participants.
The analysis includes market size, upstream situation, market segmentation, market segmentation, price & cost and industry environment. In addition, the report outlines the factors driving industry growth and the description of market channels.The report begins from overview of industrial chain structure, and describes the upstream. Besides, the report analyses market size and forecast in different geographies, type and end-use segment, in addition, the report introduces market competition overview among the major companies and companies profiles, besides, market price and channel features are covered in the report.
Market Segmentation
Key Regions
*Asia Pacific
*North America
*Europe
*South America
*Middle East & Africa
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Key Companies
*Beijing Nubway S&T Development
*Bio-Therapeutic
*Biophoton
*Bremed
*CERAGEM Medisys
*Cryomed
*Dermalux
*Gamma Star
*Guangzhou Beautylife Electronic Technology
*ISO Italia
*LED Technologies
*Luxxamed
*V-Care Medical Systems
Key Product Type
*Fluorescent Lamps
*LED Lamps
*Tungsten halogen Lamps
Market by Application
*Beauty Salon
*Household
*Hospital Dermatological Department
Main Aspects covered in the Report
*Overview of the Medical Phototherapy Lamps market including production, consumption, status & forecast and market growth
*2016-2020 historical data and 2024-2026 market forecast
*Geographical analysis including major countries
*Overview the product type market including development
*Overview the end-user market including development
*Impact of Coronavirus on the Industry
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