Latest industry research report on Photomedicine is the application of light and photobiology in the diagnosis and treatment of diseases. This new approach encompasses the study and analysis of diseases by exposing to light with specific wavelengths. This can be done using lasers, light-emitting diodes, fluorescent lamps, and others. Light has therapeutic use in various fields of medicine such as dermatology, surgery, optical diagnostics, cardiology and oncology. Photomedicine has been largely used in the diagnosis and treatment of cancer, heart diseases and several infections. The concept of photomedicine has outpaced the traditional methods as it allows proper penetration of light and thus helps in diagnosis and detection of diseases by enabling visualization.
The world photomedicine market is expected to register substantial growth in the near future attributed to the adoption of minimally invasive medically aesthetic technology, emergence of personalized medicine, new healthcare reforms and augmented R&D investment on photomedicine. Other factors that drive the photomedicine market are rising geriatric population, increasing awareness for the wellbeing and beauty of the body. However, factors such as high costs, product safety concerns and stiff competition from biologics such as proteins and antibodies are likely to restrain the growth of the market.
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The report segments the photomedicine market on the basis of application, technology, and geography. According to the application, the market is classified into the hair removal, pain management, oncology, tattoo removal, optical diagnostics, wound healing, dermatology, dental procedures and skin resurfacing. On the basis of technology, market is segmented with respect to lights and wavelength as lasers, polychromatic polarized light, full spectrum light, dichroic lamps, light emitting diodes and fluorescent lamps. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
Further advancements such as launch of low level laser therapy by THOR have enhanced the scope of photomedicine. Low level laser therapy is applied by therapeutics to reduce inflammation, pain and improves tissue repair.Comprehensive competitive analysis and profiles of major market players includes THOR Photomedicine Ltd., The Wellman Center for Photomedicine, Lumenis Ltd., Colorado Skin and Vein and Alma Lasers Ltd.
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KEY BENEFITS FOR STAKEHOLDERS:
- This report provides an extensive analysis of the current and emerging market trends and dynamics in the global photomedicine market.
- This study evaluating competitive landscape and value chain has been taken into account to help in understanding the competitive environment across the geographies.
- This report entails the detailed quantitative analysis of the current market and estimations through 2014-2022, which assists in identifying the prevailing market opportunities.
- Comprehensive analysis of factors that drive and restrict the growth of the global photomedicine market is provided.
- Region-wise and country-wise photomedicine market conditions are comprehensively analysed in this report.
PHOTOMEDICINE MARKET SEGMENTS:
By Application
- Hair Removal
- Pain Management
- Oncology
- Tattoo Removal
- Optical Diagnostics
- Wound Healing
- Dermatology
- Dental Procedures
- Skin Resurfacing
By Technology
- Lasers
- Polychromatic Polarized Light
- Full Spectrum Light
- Dichroic Lamps
- Light Emitting Diodes
- Fluorescent Lamps
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Others
- Asia-Pacific
- Japan
- China
- India
- Others
- LAMEA
- Brazil
- South Africa
- UAE
- Others
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