Photomedicine Market – Global Industry Analysis and Forecast (2022-2029)

Photomedicine Market size was valued at US$ 3.07 Mn in 2021 and is expected to reach US$ 6.03 Mn by 2029 to exhibit a CAGR of 8.79 % during a forecast period. Photomedicine is an interdisciplinary branch of medication that includes the treatment, study and conclusion of light with respect to health and disease. In photomedicine, light at a specific wavelength is used for therapeutic purposes in various fields such as ophthalmology, dermatology, and oncology. Global Photomedicine MarketTo know about the Research Methodology :- Request Free Sample Report The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. Photomedicine operations are more accurate than other manual surgeries, thus, it is boosting the growth of the market. Rising cosmetic surgeries for aesthetics, rising occurrences of skin diseases, and its treatment through laser are some of the major driving factors of the market. Increasing awareness of physical appearance among the young, increased research and development venture on photomedicine as well as progression in innovation are expected to help the development of the global photomedicine market. The growth in frequency of neonatal jaundice and a growing consciousness about the advantages of photomedicine additionally boost the growth of the market. However, the rise in the predominance of different skin infections such as psoriasis & acnes and eye ailments, like dry eyes & other vision issues will definitely disturb the market growth. Available another treatment as well as safety concerns also hinder the growth of the photomedicine market. Light emitting diodes segment is estimated to be the fastest growing segment during the analysis period. Light is useful in different therapeutic fields such as dermatology, oncology, cardiology, surgery, and optical diagnostics. The use of photomedicine devices is expanding especially in the treatment of heart diseases. Full spectrum light is used in various applications like surgery, dermatology, cardiology, oncology, and optical diagnostics. Dichroic lamps are expected to more popular in a few years, due to their growing medical application, such as their large use in illuminating the organs during endoscopy. Ophthalmology application segment is occupied nearly one-third of the total market and show lucrative growth in the near future, due to the growing global cancer incidence as well as government funding related to cancer research. Furthermore, the introduction of various photomedicine technologies in cancer treatment like photodynamic therapy (PDT), immuno PDT, and fluorescence-guided surgery are expected to boost the ophthalmology segment during the forecast the period. North America is anticipated to hold the largest 36% shares in the photomedicine market, owing to the regions essential nature of adopting advanced technologies in healthcare in their initial stage. High buying power of the consumers, favorable reimbursement policies, and rise in the number of cosmetic surgeries in the U.S. mainly contribute toward the growth of this region. The presence of large numbers of market players present in this region supporting R&D activities is one of the main factors driving the growth of the global photomedicine market in North America. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global photomedicine market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER's analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to an emerging segment in the global photomedicine market.

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Global Photomedicine Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 3.07 Bn.
Forecast Period 2022 to 2029 CAGR: 8.79% Market Size in 2029: US $ 6.03 Bn.
Segments Covered: by Application • Ophthalmology • Surgical procedures • Oncology • Other
by Technology • Fluorescent Lamps • Full Spectrum Light • Light Emitting Diodes • Lasers • Dichroic Lamps • Polychromatic Polarized Light
 

Global Photomedicine Market, By Region:

• North America • Europe • Middle East & Africa • Asia Pacific • South America

The Key Players Operating In the Global Photomedicine Market:

Koninklijke Philips • Lumie • Verilux • Aura Daylight • Chromogenex • Compass Health Brands • Deka Laser Technologies • Demyk Lightmod Products • Alma Lasers • Syneron Medical Ltd. • IRIDEX Corporation • Pfizer Inc. • Spectranetics • AngioDynamics. • Medical Optics Inc. • Novartis • Philips • Lumenis Ltd • Abbott Laboratories • Biolitec AG • Colorado Skin and Vein • PhotoMedex, Inc. • Syneron Medical Ltd. • QBMI Photomedicine • The Spectranetics Corporation Frequently Asked Questions: 1. Which region has the largest share in Global Photomedicine Market? Ans: Asia Pacific region holds the highest share in 2021. 2. What is the growth rate of Global Photomedicine Market? Ans: The Global Photomedicine Market is growing at a CAGR of 8.79% during forecasting period 2022-2029. 3. What is scope of the Global Photomedicine Market report? Ans: Global Photomedicine Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What is the study period of this market? Ans: The Global Photomedicine Market is studied from 2021 to 2029.

Global Photomedicine Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Photomedicine Market Size, by Market Value (US$ Mn) and Market Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7.Industry Trends and Emerging Technologies in Global Photomedicine Market 4.8. Patent Registration 5. Supply Side and Demand Side Indicators 6. Global Photomedicine Market Analysis and Forecast 6.1. Global Photomedicine Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Photomedicine Market Analysis and Forecast, by Technology 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Photomedicine Market Value Share Analysis, by Technology 7.4. Global Photomedicine Market Size (US$ Mn) Forecast, by Technology 7.5. Global Photomedicine Market Analysis, by Technology 7.6. Global Photomedicine Market Attractiveness Analysis, by Technology 8. Global Photomedicine Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Photomedicine Market Value Share Analysis, by Application 8.4. Global Photomedicine Market Size (US$ Mn) Forecast, by Application 8.5. Global Photomedicine Market Analysis, by Application 8.6. Global Photomedicine Market Attractiveness Analysis, by Application 9. Global Photomedicine Market Analysis, by Region 9.1. Global Photomedicine Market Value Share Analysis, by Region 9.2. Global Photomedicine Market Size (US$ Mn) Forecast, by Region 9.3. Global Photomedicine Market Attractiveness Analysis, by Region 10. North America Photomedicine Market Analysis 10.1. Key Findings 10.2. North America Photomedicine Market Overview 10.3. North America Photomedicine Market Value Share Analysis, by Technology 10.4. North America Photomedicine Market Forecast, by Technology 10.4.1. Fluorescent Lamps 10.4.2. Full Spectrum Light 10.4.3. Light Emitting Diodes 10.4.4. Lasers 10.4.5. Dichroic Lamps 10.4.6. Polychromatic Polarized Light 10.5. North America Photomedicine Market Value Share Analysis, by Application 10.6. North America Photomedicine Market Forecast, by Application 10.6.1. Ophthalmology 10.6.2. Surgical procedures 10.6.3. Oncology 10.6.4. Other 10.7. North America Photomedicine Market Value Share Analysis, by Country 10.8. North America Photomedicine Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Photomedicine Market Analysis, by Country 10.10. U.S. Photomedicine Market Forecast, by Technology 10.10.1. Fluorescent Lamps 10.10.2. Full Spectrum Light 10.10.3. Light Emitting Diodes 10.10.4. Lasers 10.10.5. Dichroic Lamps 10.10.6. Polychromatic Polarized Light 10.11. U.S. Photomedicine Market Forecast, by Application 10.11.1. Ophthalmology 10.11.2. Surgical procedures 10.11.3. Oncology 10.11.4. Other 10.12. Canada Photomedicine Market Forecast, by Technology 10.12.1. Fluorescent Lamps 10.12.2. Full Spectrum Light 10.12.3. Light Emitting Diodes 10.12.4. Lasers 10.12.5. Dichroic Lamps 10.12.6. Polychromatic Polarized Light 10.13. Canada Photomedicine Market Forecast, by Application 10.13.1. Ophthalmology 10.13.2. Surgical procedures 10.13.3. Oncology 10.13.4. Other 10.14. North America Photomedicine Market Attractiveness Analysis 10.14.1. By Technology 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Photomedicine Market Analysis 11.1. Key Findings 11.2. Europe Photomedicine Market Overview 11.3. Europe Photomedicine Market Value Share Analysis, by Technology 11.4. Europe Photomedicine Market Forecast, by Technology 11.4.1. Fluorescent Lamps 11.4.2. Full Spectrum Light 11.4.3. Light Emitting Diodes 11.4.4. Lasers 11.4.5. Dichroic Lamps 11.4.6. Polychromatic Polarized Light 11.5. Europe Photomedicine Market Value Share Analysis, by Application 11.6. Europe Photomedicine Market Forecast, by Application 11.6.1. Ophthalmology 11.6.2. Surgical procedures 11.6.3. Oncology 11.6.4. Other 11.7. Europe Photomedicine Market Value Share Analysis, by Country 11.8. Europe Photomedicine Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Photomedicine Market Analysis, by Country 11.10. Germany Photomedicine Market Forecast, by Technology 11.10.1. Fluorescent Lamps 11.10.2. Full Spectrum Light 11.10.3. Light Emitting Diodes 11.10.4. Lasers 11.10.5. Dichroic Lamps 11.10.6. Polychromatic Polarized Light 11.11. Germany Photomedicine Market Forecast, by Application 11.11.1. Ophthalmology 11.11.2. Surgical procedures 11.11.3. Oncology 11.11.4. Other 11.12. U.K. Photomedicine Market Forecast, by Technology 11.12.1. Fluorescent Lamps 11.12.2. Full Spectrum Light 11.12.3. Light Emitting Diodes 11.12.4. Lasers 11.12.5. Dichroic Lamps 11.12.6. Polychromatic Polarized Light 11.13. U.K. Photomedicine Market Forecast, by Application 11.13.1. Ophthalmology 11.13.2. Surgical procedures 11.13.3. Oncology 11.13.4. Other 11.14. France Photomedicine Market Forecast, by Technology 11.14.1. Fluorescent Lamps 11.14.2. Full Spectrum Light 11.14.3. Light Emitting Diodes 11.14.4. Lasers 11.14.5. Dichroic Lamps 11.14.6. Polychromatic Polarized Light 11.15. France Photomedicine Market Forecast, by Application 11.15.1. Ophthalmology 11.15.2. Surgical procedures 11.15.3. Oncology 11.15.4. Other 11.16. Italy Photomedicine Market Forecast, by Technology 11.16.1. Fluorescent Lamps 11.16.2. Full Spectrum Light 11.16.3. Light Emitting Diodes 11.16.4. Lasers 11.16.5. Dichroic Lamps 11.16.6. Polychromatic Polarized Light 11.17. Italy Photomedicine Market Forecast, by Application 11.17.1. Ophthalmology 11.17.2. Surgical procedures 11.17.3. Oncology 11.17.4. Other 11.18. Spain Photomedicine Market Forecast, by Technology 11.18.1. Fluorescent Lamps 11.18.2. Full Spectrum Light 11.18.3. Light Emitting Diodes 11.18.4. Lasers 11.18.5. Dichroic Lamps 11.18.6. Polychromatic Polarized Light 11.19. Spain Photomedicine Market Forecast, by Application 11.19.1. Ophthalmology 11.19.2. Surgical procedures 11.19.3. Oncology 11.19.4. Other 11.20. Rest of Europe Photomedicine Market Forecast, by Technology 11.20.1. Fluorescent Lamps 11.20.2. Full Spectrum Light 11.20.3. Light Emitting Diodes 11.20.4. Lasers 11.20.5. Dichroic Lamps 11.20.6. Polychromatic Polarized Light 11.21. Rest of Europe Photomedicine Market Forecast, by Application 11.21.1. Ophthalmology 11.21.2. Surgical procedures 11.21.3. Oncology 11.21.4. Other 11.22. Europe Photomedicine Market Attractiveness Analysis 11.22.1. By Technology 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Photomedicine Market Analysis 12.1. Key Findings 12.2. Asia Pacific Photomedicine Market Overview 12.3. Asia Pacific Photomedicine Market Value Share Analysis, by Technology 12.4. Asia Pacific Photomedicine Market Forecast, by Technology 12.4.1. Fluorescent Lamps 12.4.2. Full Spectrum Light 12.4.3. Light Emitting Diodes 12.4.4. Lasers 12.4.5. Dichroic Lamps 12.4.6. Polychromatic Polarized Light 12.5. Asia Pacific Photomedicine Market Value Share Analysis, by Application 12.6. Asia Pacific Photomedicine Market Forecast, by Application 12.6.1. Ophthalmology 12.6.2. Surgical procedures 12.6.3. Oncology 12.6.4. Other 12.7. Asia Pacific Photomedicine Market Value Share Analysis, by Country 12.8. Asia Pacific Photomedicine Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Photomedicine Market Analysis, by Country 12.10. China Photomedicine Market Forecast, by Technology 12.10.1. Fluorescent Lamps 12.10.2. Full Spectrum Light 12.10.3. Light Emitting Diodes 12.10.4. Lasers 12.10.5. Dichroic Lamps 12.10.6. Polychromatic Polarized Light 12.11. China Photomedicine Market Forecast, by Application 12.11.1. Ophthalmology 12.11.2. Surgical procedures 12.11.3. Oncology 12.11.4. Other 12.12. India Photomedicine Market Forecast, by Technology 12.12.1. Fluorescent Lamps 12.12.2. Full Spectrum Light 12.12.3. Light Emitting Diodes 12.12.4. Lasers 12.12.5. Dichroic Lamps 12.12.6. Polychromatic Polarized Light 12.13. India Photomedicine Market Forecast, by Application 12.13.1. Ophthalmology 12.13.2. Surgical procedures 12.13.3. Oncology 12.13.4. Other 12.14. Japan Photomedicine Market Forecast, by Technology 12.14.1. Fluorescent Lamps 12.14.2. Full Spectrum Light 12.14.3. Light Emitting Diodes 12.14.4. Lasers 12.14.5. Dichroic Lamps 12.14.6. Polychromatic Polarized Light 12.15. Japan Photomedicine Market Forecast, by Application 12.15.1. Ophthalmology 12.15.2. Surgical procedures 12.15.3. Oncology 12.15.4. Other 12.16. ASEAN Photomedicine Market Forecast, by Technology 12.16.1. Fluorescent Lamps 12.16.2. Full Spectrum Light 12.16.3. Light Emitting Diodes 12.16.4. Lasers 12.16.5. Dichroic Lamps 12.16.6. Polychromatic Polarized Light 12.17. ASEAN Photomedicine Market Forecast, by Application 12.17.1. Ophthalmology 12.17.2. Surgical procedures 12.17.3. Oncology 12.17.4. Other 12.18. Rest of Asia Pacific Photomedicine Market Forecast, by Technology 12.18.1. Fluorescent Lamps 12.18.2. Full Spectrum Light 12.18.3. Light Emitting Diodes 12.18.4. Lasers 12.18.5. Dichroic Lamps 12.18.6. Polychromatic Polarized Light 12.19. Rest of Asia Pacific Photomedicine Market Forecast, by Application 12.19.1. Ophthalmology 12.19.2. Surgical procedures 12.19.3. Oncology 12.19.4. Other 12.20. Asia Pacific Photomedicine Market Attractiveness Analysis 12.20.1. By Technology 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Photomedicine Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Photomedicine Market Overview 13.3. Middle East & Africa Photomedicine Market Value Share Analysis, by Technology 13.4. Middle East & Africa Photomedicine Market Forecast, by Technology 13.4.1. Fluorescent Lamps 13.4.2. Full Spectrum Light 13.4.3. Light Emitting Diodes 13.4.4. Lasers 13.4.5. Dichroic Lamps 13.4.6. Polychromatic Polarized Light 13.5. Middle East & Africa Photomedicine Market Value Share Analysis, by Application 13.6. Middle East & Africa Photomedicine Market Forecast, by Application 13.6.1. Ophthalmology 13.6.2. Surgical procedures 13.6.3. Oncology 13.6.4. Other 13.7. Middle East & Africa Photomedicine Market Value Share Analysis, by Country 13.8. Middle East & Africa Photomedicine Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Photomedicine Market Analysis, by Country 13.10. GCC Photomedicine Market Forecast, by Technology 13.10.1. Fluorescent Lamps 13.10.2. Full Spectrum Light 13.10.3. Light Emitting Diodes 13.10.4. Lasers 13.10.5. Dichroic Lamps 13.10.6. Polychromatic Polarized Light 13.11. GCC Photomedicine Market Forecast, by Application 13.11.1. Ophthalmology 13.11.2. Surgical procedures 13.11.3. Oncology 13.11.4. Other 13.12. South Africa Photomedicine Market Forecast, by Technology 13.12.1. Fluorescent Lamps 13.12.2. Full Spectrum Light 13.12.3. Light Emitting Diodes 13.12.4. Lasers 13.12.5. Dichroic Lamps 13.12.6. Polychromatic Polarized Light 13.13. South Africa Photomedicine Market Forecast, by Application 13.13.1. Ophthalmology 13.13.2. Surgical procedures 13.13.3. Oncology 13.13.4. Other 13.14. Rest of Middle East & Africa Photomedicine Market Forecast, by Technology 13.14.1. Fluorescent Lamps 13.14.2. Full Spectrum Light 13.14.3. Light Emitting Diodes 13.14.4. Lasers 13.14.5. Dichroic Lamps 13.14.6. Polychromatic Polarized Light 13.15. Rest of Middle East & Africa Photomedicine Market Forecast, by Application 13.15.1. Ophthalmology 13.15.2. Surgical procedures 13.15.3. Oncology 13.15.4. Other 13.16. Middle East & Africa Photomedicine Market Attractiveness Analysis 13.16.1. By Technology 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Photomedicine Market Analysis 14.1. Key Findings 14.2. South America Photomedicine Market Overview 14.3. South America Photomedicine Market Value Share Analysis, by Technology 14.4. South America Photomedicine Market Forecast, by Technology 14.4.1. Fluorescent Lamps 14.4.2. Full Spectrum Light 14.4.3. Light Emitting Diodes 14.4.4. Lasers 14.4.5. Dichroic Lamps 14.4.6. Polychromatic Polarized Light 14.5. South America Photomedicine Market Value Share Analysis, by Application 14.6. South America Photomedicine Market Forecast, by Application 14.6.1. Ophthalmology 14.6.2. Surgical procedures 14.6.3. Oncology 14.6.4. Other 14.7. South America Photomedicine Market Value Share Analysis, by Country 14.8. South America Photomedicine Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Photomedicine Market Analysis, by Country 14.10. Brazil Photomedicine Market Forecast, by Technology 14.10.1. Fluorescent Lamps 14.10.2. Full Spectrum Light 14.10.3. Light Emitting Diodes 14.10.4. Lasers 14.10.5. Dichroic Lamps 14.10.6. Polychromatic Polarized Light 14.11. Brazil Photomedicine Market Forecast, by Application 14.11.1. Ophthalmology 14.11.2. Surgical procedures 14.11.3. Oncology 14.11.4. Other 14.12. Mexico Photomedicine Market Forecast, by Technology 14.12.1. Fluorescent Lamps 14.12.2. Full Spectrum Light 14.12.3. Light Emitting Diodes 14.12.4. Lasers 14.12.5. Dichroic Lamps 14.12.6. Polychromatic Polarized Light 14.13. Mexico Photomedicine Market Forecast, by Application 14.13.1. Ophthalmology 14.13.2. Surgical procedures 14.13.3. Oncology 14.13.4. Other 14.14. Rest of South America Photomedicine Market Forecast, by Technology 14.14.1. Fluorescent Lamps 14.14.2. Full Spectrum Light 14.14.3. Light Emitting Diodes 14.14.4. Lasers 14.14.5. Dichroic Lamps 14.14.6. Polychromatic Polarized Light 14.15. Rest of South America Photomedicine Market Forecast, by Application 14.15.1. Ophthalmology 14.15.2. Surgical procedures 14.15.3. Oncology 14.15.4. Other 14.16. South America Photomedicine Market Attractiveness Analysis 14.16.1. By Technology 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Beurer 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Manufacturing Footprint 15.3.2. Koninklijke Philips 15.3.3. Lumie 15.3.4. Verilux 15.3.5. Aura Daylight 15.3.6. Chromogenex 15.3.7. Compass Health Brands 15.3.8. Deka Laser Technologies 15.3.9. Demyk Lightmod Products 15.3.10. Alma Lasers 15.3.11. Syneron Medical Ltd. 15.3.12. IRIDEX Corporation 15.3.13. Pfizer Inc. 15.3.14. Spectranetics 15.3.15. AngioDynamics. 15.3.16. Medical Optics Inc. 15.3.17. Novartis 15.3.18. Philips 15.3.19. Lumenis Ltd 15.3.20. Abbott Laboratories 15.3.21. Biolitec AG 15.3.22. Colorado Skin and Vein 15.3.23. PhotoMedex, Inc. 15.3.24. Syneron Medical Ltd. 15.3.25. QBMI Photomedicine 15.3.26. The Spectranetics Corporation 16. Primary Key Insights
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