Photomedicine Market
                     Photomedicine 
Market
Photomedicine Market is 
projected to reach $7.51 million 
by 2030: Allied Market Research
The growth of the global photomedicine market is attributed to 
increase in aesthetic enhancement procedures, rise in disposable 
income, and surge in development of technologically advanced 
photomedicine devices. Moreover, increase in healthcare 
expenditure and approval of new products are expected to further 
drive the market growth during the forecast period.
The “Photomedicine Market," size was valued at $4,047.64 million 
in 2020, and is estimated to reach $7.5 Billion by 2030, growing at 
a CAGR of 6.7% from 2021 to 2030.
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COVID-19 scenario:
The COVID-19 outbreak is anticipated to 
have a negative impact on the 
photomedicine market. A huge number of 
clinics and hospitals across the globe were 
restructured to increase the hospital 
capacity for patients diagnosed with COVID-
Covid-19 scenario: 19. Non-essential procedures took a 
potential backlog due to rapid rise in COVID-
19 cases. The lockdown led to the disruption 
of manufacturing and transportation of 
healthcare essentials. 
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List of key players profiled in the report:
• Baring Private Equity Asia Limited
• AngioDynamics, Inc.
• Apax Partners Llp
• Biomedical Technology Holdings Limited
• Colorado Skin and Vein
• johnson and johnson md&d
• PhotoMedex, Inc.
• Koninklijke Philips N.V.
• Sisram Medical Ltd.
• Thor Photomedicine Ltd.
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