About Lighted Blanket
A lighted blanket is a portable medical device for infants that treats hyperbilirubinemia or neonatal jaundice. The lighted blanket uses fiber optics and represents advanced technology in phototherapy treatment given in the hospital or at home. The doctor may prescribe the lighted blanket as an alternative and/or additional treatment for neonatal jaundice. The lighted blanket provides the highest level of therapeutic light available to treat the baby. The lighted blanket filters out potentially harmful ultraviolet and infrared energy. The pad of woven fibers is used to transport light from a light source to baby. This covered fiber-optic pad is placed directly against the baby to bathe the skin in light. Absorption of this light leads to the removal of bilirubin. The lighted blanket can be used 24 hours a day to provide continuous treatment if prescribed by the doctor.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.2% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Lighted Blanket market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GE Healthcare (United States), Philips (Netherlands), Atom Medical (United States), Natus Medical Incorporated (United States), Biophoton Technologies Private Ltd. (India) and Aeroflow Healthcare (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Lighted Blanket market by Type (Large Type and Small Type), Application (Hospitals & Clinics, Birthing Centers and Others) and Region.
On the basis of geography, the market of Lighted Blanket has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement.
Influencing Trend:
Light Emitting Diode (LED) Phototherapy Units Are Coming In A Big Way In The Field Of Phototherapy
Market Growth Drivers:
The Rising Prevalence of Neonatal Jaundice Globally, Adoption of Latest Technology In Birthing Centers and A Rising Low-weight Birth Rates Across The Globe
Challenges:
Product Recall
Restraints:
Lack of Technology in Poorest Regions
Opportunities:
Innovation in Technology and Emerging Demand Form economies
Market Leaders and their expansionary development strategies
In November 2023, The Comfy the global phenomenon and original wearable blanket, announces a partnership with Tower 28 for the Tower 28 x The Comfy® Original, available exclusively at tower28beauty.com. The limited edition, one-size-fits-all holiday drop is designed with both the Tower 28 and The Comfy co branded logos in a colorful purple hue.
In September 2023, Zonli announced the Product Launch of the Battery Heated Blanket Series. The blanket offers up to 3 hours of warmth, thanks to its 5000mAh battery. Its outer layer is waterproof, windproof, and stain-proof, ensuring durability in various conditions, and it is also machine washable. Choose from three heat settings: high (140℉), medium (122℉), and low (104℉). This blanket is offered in classic shades of Dark Grey and Light Grey, as well as six vibrant prints.
Key Target Audience
Lighted Blanket Manufacturers, Lighted Blanket Traders/Suppliers, Technology Investors, Importer/Exporter and Regulatory & Government Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.