Uploaded on Feb 2, 2022
Photomedicine is the branch of medicine that involves the study of light and its application in the treatment and diagnosis of diseases. Different photomedicine technologies such as laser, fluorescent lamps, and polychromatic polarized light are used for various diagnostic and therapeutic purposes.
Photomedicine Market to Make Great Impact in Near Future by 2026
Photomedicine Market Value To Cross
$5,511 Million By 2030 at CAGR 10.3% |
Top Companies and Industry Growth
Insights
Photomedicine Market by Technology (Lasers, Polychromatic Polarized Light, Full Spectrum Light, Dichroic Lamps, Light
Emitting Diodes), Application (Dermatology, Pain Management, Oncology, Ophthalmology, Wound Healing, Dental
Procedures, Aesthetics, and Others) - Global Opportunity Analysis and Industry Forecast, 2018-2026
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Overview
The photomedicine market accounted for $2,750 million in
2015 and is anticipated to reach $5,512 million by 2022,
registering a CAGR of 10.3% during the forecast period,
2018-20226
Photomedicine is the branch of medicine that involves the
study of light and its application in the treatment and
diagnosis of diseases. Different photomedicine technologies
such as laser, fluorescent lamps, and polychromatic polarized
light are used for various diagnostic and therapeutic
purposes. In photomedicine, light at specific wavelength is
used for therapeutic purposes in different fields such as
ophthalmology, dermatology, and oncology. In addition,
these technologies are also used for various aesthetic
purposes such as hair and tattoo removal.
Segments
In terms of revenue, the global surgical robotics market is
segmented on the basis of Technology, Applications and Geography.
By Application - Based on applications, it is segmented into
dermatology, pain management, oncology, ophthalmology, wound
healing, dental procedures, aesthetics, and others. Geographically,
the market is analyzed across North America, Europe, Asia-Pacific,
and LAMEA.
By Technology- The photomedicine market is growing at a
significant pace due to the high demand for minimally invasive
aesthetic technology, especially in developing countries. This has
led to the innovation of different photomedicine technology that can
help to provide the treatment without leaving any visible scar and is
less time-consuming than the conventional methods.
Geography
North America dominated the Photomedicine market.
The market growth in North America is primarily a
reflection of product innovations and launches
resulting from technological advancements. The
companies mostly adopted product launch,
acquisition, and expansion as their key strategies to
keep pace with the changing demands of consumers
and strengthen their market position.
Key Market Players
The key players operating in the global Photomedicine market are
• Abbott Laboratories.
• Alma Lasers Ltd.
• Angiodynamics, Inc.
• Biolitec AG.
• Colorado Skin and Vein.
• Koninklijke Philips N.V.
• Lumenis Ltd.
• PhotoMedex, Inc.
• Syneron Medical Ltd.
• Thor Photomedicine Ltd.
There are other players in the photomedicine market, which include QBMI Photomedicine,
The Spectranetics Corporation, IRIDEX Corporation, Solarc Systems, Inc., Atom Medical
Corporation, and Phoenix Medical Systems.
• An in-depth market analysis includes analysis of various
regions, which is anticipated to provide a detailed
Key Findings of the understanding of the current trends to enable
stakeholders formulate region-specific plans.
Photomedicine • A comprehensive analysis of factors that drive and
market: restrain the growth of the global is provided.
• The projections in this report are made by analyzing the
current trends and future market potential from 2021 to
2030, in terms of value.
Find out more at the Allied Market Report store
https://www.alliedmarketresearch.com/photomedicine-market
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