Global Photomedicine Market Size Study & Forecast, by Technology (Lasers, Polychromatic Polarized Light, Full Spectrum Light, Dichroic Lamps, Light Emitting Diodes, Fluorescent Lamps) by Application (Dermatology, Pain Management, Oncology, Ophthalmology,

Global Photomedicine Market Size Study & Forecast, by Technology (Lasers, Polychromatic Polarized Light, Full Spectrum Light, Dichroic Lamps, Light Emitting Diodes, Fluorescent Lamps) by Application (Dermatology, Pain Management, Oncology, Ophthalmology, Wound Healing, Dental Procedures, Aesthetics, Others) and Regional Analysis, 2023-2030


Global Photomedicine Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Photomedicine is a branch of medicine that utilizes light-based technologies for therapeutic purposes. It involves the use of various wavelengths of light, such as ultraviolet (UV), visible, and infrared (IR), to diagnose, treat, and prevent diseases and medical conditions. Photomedicine encompasses a wide range of applications across different medical specialties, including dermatology, ophthalmology, oncology, and psychiatry, among others. Moreover, factors like increasing prevalence of chronic diseases, growing shift towards non-invasive treatments, increasing healthcare expenditure, and expanding applications in dermatology and aesthetic medicine that anticipated to create a lucrative demand for the market during the forecast period 2023-2030.

Rising incidence of chronic diseases such as cancer, skin disorders, and ophthalmic conditions necessitates effective treatment options. Photomedicine offers non-invasive or minimally invasive therapeutic approaches for various chronic conditions, thereby driving market growth. As per (National Institutes of Health) NIH, the number of people in the United States aged 50 years and older will increase by 61.11% from 137.25 million in 2020 to 221.13 million in 2050. Of the population 50 years and older, the number with at least one chronic disease is estimated to increase by 99.5% from 71.52 million in 2020 to 142.66 million by 2050. At the same time, those with multimorbidity are projected to increase 91.16% from 7.83 million in 2020 to 14.96 million in 2050. Also, according to the World Health Organization, in 2020, it was estimated that nearly 19.3 million new cases of cancer were recorded globally, which is projected to rise and is likely to reach 30.2 million new cases by 2040. As a result, the growing prevalence of chronic diseases is anticipated to support market growth. Moreover, the increased awareness among healthcare professionals and patients about the benefits of photomedicine, and technological integration and connectivity is anticipated to create a lucrative opportunity for the market. However, the safety issues related to photomedicine devices, and the high cost of photomedicine procedures stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Photomedicine Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rising incidence of chronic diseases such as cancer, skin disorders, and ophthalmic conditions, growing adoption of minimally invasive procedures, and growing awareness among patients and healthcare professionals about the benefits of photomedicine therapies is driving their adoption. Moreover, the Asia Pacific is expected to grow with the fastest growth rate during the forecast period, owing to factors such as the growing ageing population, rising disposable incomes and increasing healthcare expenditure in countries across Asia Pacific, and government initiatives aimed at promoting healthcare infrastructure development, research, and innovation are supporting the growth of the photomedicine market in Asia Pacific.

Major market players included in this report are:
Apax Partners LLP
Sisram Medical Ltd.
Colorado Skin and Vein
Thor Photomedicine Ltd.
Biomedical Technology Holdings Limited
PhotoMedex, Inc.
AngioDynamics, Inc.
Johnson and Johnson Company
Koninklijke Philips N.V.
Baring Private Equity Asia Limited

Recent Developments in the Market:
 In July 2021, Cytrellis, Inc., a pioneer in medical technology, has recently received clearance from the U.S. Food and Drug Administration for its groundbreaking innovation: the ellacor system featuring Micro-Coring technology. This proprietary product is now approved for effectively addressing moderate to severe wrinkles in the mid to lower face, marking a significant advancement in the field of aesthetic treatment.

Global Photomedicine Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered – Technology, Application, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters to detailed information about the crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Technology:
Lasers
Polychromatic Polarized Light
Full Spectrum Light
Dichroic Lamps
Light Emitting Diodes
Fluorescent Lamps

By Application:
Dermatology
Pain Management
Oncology
Ophthalmology
Wound Healing
Dental Procedures
Aesthetics
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Photomedicine Market, by Region, 2020-2030 (USD Billion)
1.2.2. Photomedicine Market, by Technology, 2020-2030 (USD Billion)
1.2.3. Photomedicine Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Photomedicine Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Photomedicine Market Dynamics
3.1. Photomedicine Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing prevalence of chronic diseases
3.1.1.2. Growing shift towards non-invasive treatments
3.1.1.3. Increasing healthcare expenditure
3.1.1.4. Expanding applications in dermatology and aesthetic medicine
3.1.2. Market Challenges
3.1.2.1. Safety issues related to photomedicine devices
3.1.2.2. High cost of photomedicine procedures
3.1.3. Market Opportunities
3.1.3.1. Increased awareness among healthcare professionals and patients about the benefits of photomedicine
3.1.3.2. Technological integration and connectivity
Chapter 4. Global Photomedicine Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Photomedicine Market, by Technology
5.1. Market Snapshot
5.2. Global Photomedicine Market by Technology, Performance - Potential Analysis
5.3. Global Photomedicine Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
5.4. Photomedicine Market, Sub Segment Analysis
5.4.1. Lasers
5.4.2. Polychromatic Polarized Light
5.4.3. Full Spectrum Light
5.4.4. Dichroic Lamps
5.4.5. Light Emitting Diodes
5.4.6. Fluorescent Lamps
Chapter 6. Global Photomedicine Market, by Application
6.1. Market Snapshot
6.2. Global Photomedicine Market by Application, Performance - Potential Analysis
6.3. Global Photomedicine Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Photomedicine Market, Sub Segment Analysis
6.4.1. Dermatology
6.4.2. Pain Management
6.4.3. Oncology
6.4.4. Ophthalmology
6.4.5. Wound Healing
6.4.6. Dental Procedures
6.4.7. Aesthetics
6.4.8. Others
Chapter 7. Global Photomedicine Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Photomedicine Market, Regional Market Snapshot
7.4. North America Photomedicine Market
7.4.1. U.S. Photomedicine Market
7.4.1.1. Technology breakdown estimates & forecasts, 2020-2030
7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Photomedicine Market
7.5. Europe Photomedicine Market Snapshot
7.5.1. U.K. Photomedicine Market
7.5.2. Germany Photomedicine Market
7.5.3. France Photomedicine Market
7.5.4. Spain Photomedicine Market
7.5.5. Italy Photomedicine Market
7.5.6. Rest of Europe Photomedicine Market
7.6. Asia-Pacific Photomedicine Market Snapshot
7.6.1. China Photomedicine Market
7.6.2. India Photomedicine Market
7.6.3. Japan Photomedicine Market
7.6.4. Australia Photomedicine Market
7.6.5. South Korea Photomedicine Market
7.6.6. Rest of Asia Pacific Photomedicine Market
7.7. Latin America Photomedicine Market Snapshot
7.7.1. Brazil Photomedicine Market
7.7.2. Mexico Photomedicine Market
7.8. Middle East & Africa Photomedicine Market
7.8.1. Saudi Arabia Photomedicine Market
7.8.2. South Africa Photomedicine Market
7.8.3. Rest of Middle East & Africa Photomedicine Market
Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Apax Partners LLP
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Recent Developments
8.3.2. Sisram Medical Ltd.
8.3.3. Colorado Skin and Vein
8.3.4. Thor Photomedicine Ltd.
8.3.5. Biomedical Technology Holdings Limited
8.3.6. PhotoMedex, Inc.
8.3.7. AngioDynamics, Inc.
8.3.8. Johnson and Johnson Company
8.3.9. Koninklijke Philips N.V.
8.3.10. Baring Private Equity Asia Limited
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
List of Tables
TABLE 1. Global Photomedicine Market, report scope
TABLE 2. Global Photomedicine Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3. Global Photomedicine Market estimates & forecasts by Technology 2020-2030 (USD Billion)
TABLE 4. Global Photomedicine Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Photomedicine Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Photomedicine Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Photomedicine Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Photomedicine Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Photomedicine Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Photomedicine Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Photomedicine Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Photomedicine Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Photomedicine Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Photomedicine Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Photomedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Photomedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Photomedicine Market
TABLE 70. List of primary sources, used in the study of global Photomedicine Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
FIGURE 1. Global Photomedicine Market, research methodology
FIGURE 2. Global Photomedicine Market, Market estimation techniques
FIGURE 3. Global Market size estimates & forecast methods
FIGURE 4. Global Photomedicine Market, key trends 2022
FIGURE 5. Global Photomedicine Market, growth prospects 2023-2030
FIGURE 6. Global Photomedicine Market, porters 5 force model
FIGURE 7. Global Photomedicine Market, pest analysis
FIGURE 8. Global Photomedicine Market, value chain analysis
FIGURE 9. Global Photomedicine Market by segment, 2020 & 2030 (USD Billion)
FIGURE 10. Global Photomedicine Market by segment, 2020 & 2030 (USD Billion)
FIGURE 11. Global Photomedicine Market by segment, 2020 & 2030 (USD Billion)
FIGURE 12. Global Photomedicine Market by segment, 2020 & 2030 (USD Billion)
FIGURE 13. Global Photomedicine Market by segment, 2020 & 2030 (USD Billion)
FIGURE 14. Global Photomedicine Market, regional snapshot 2020 & 2030
FIGURE 15. North America Photomedicine Market 2020 & 2030 (USD Billion)
FIGURE 16. Europe Photomedicine Market 2020 & 2030 (USD Billion)
FIGURE 17. Asia Pacific Photomedicine Market 2020 & 2030 (USD Billion)
FIGURE 18. Latin America Photomedicine Market 2020 & 2030 (USD Billion)
FIGURE 19. Middle East & Africa Photomedicine Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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