Photomedicine Market Will Generate Record Revenue by 2029

The global photomedicine market is anticipated to grow at a considerable CAGR of 7% during the forecast period. The photomedicine market is growing significantly due to enhancement in medical aesthetic technologies, growing investment and funding in R&D for photomedicine, and increasing adoption of minimally invasive procedures. Photomedicine is a branch of medicine that involves the treatment and diagnosis of diseases and other health-related disorders by using photobiology and light. Photomedicine has applications in the treatment and diagnosis of cancer, heart diseases, and various infections. The treatment is performed by exposing the individual to light with specific wavelengths through lasers, full-spectrum light, light-emitting diodes, fluorescent lamps, dichroic lamps, and polychromatic polarized light. The safety issues associated with photomedicine devices and the availability of several other alternative procedures are projected to hamper the market growth.

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Market Coverage

  • The market number available for – 2022-2030
  • Base year- 2022
  • Forecast period- 2023-2030

Segment Covered- 

  • By Application
  • By Technology

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
  • Competitive Landscape- Alma Lasers GmbH, BIOLASE, Inc., biolitecAG, Bright Medicine, Koninklijke Philips N.V., NinePoint Medical, Inc., Lumenis Ltd., Quantel Medical, and THOR Photomedicine Ltd.,  and others.

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Photomedicine Market Report Segment

By Application

  • Dermatology
  • Ophthalmology
  • Dentistry
  • Oncology
  • Wound Healing
  • Others (Surgical Procedures)

By Technology

  • Laser
  • Bioptron Light Therapy
  • Full Spectrum Light
  • Dichroic Lamps
  • Light Emiting Diodes (LED) & Fluorescent Lamps
  • Polychromatic Polarized Light

Photomedicine Market Report by Region

North America                                                                                                           

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa

Company Profiles

  • Abbott
  • Alma Lasers GMBH
  • AngioDynamics, Inc.
  • Aura Medical Group Pty Ltd.
  • BIOLASE, Inc.
  • biolitec AG
  • Candela Corp.
  • Carl Zeiss Meditec AG
  • IRIDEX Corp.
  • Koninklijke Philips N.V.
  • LightScalpel, Inc.
  • Lumenis Be Ltd.
  • NinePoint Medical, Inc.
  • Novartis AG
  • Quantel Medical

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