Press release
Photomedicine Market Business Growth Statistics, Trends and Key Players- Abbott Medical Optics Inc., Novartis, Philips, BIOLITEC, THOR Photomedicine Ltd, Quantel medical
Photomedicine Market is accounted for $322.38 million in 2016 and is expected to reach $477.2 million by 2023 growing at a CAGR of 5.8% during the forecast period. Growing geriatric population, increasing awareness related to minimally invasive aesthetic procedures and technological advancements are some of the factors boosting the market growth.Manufacturer Detail
Abbott Medical Optics Inc.
Novartis
Philips
BIOLITEC
THOR Photomedicine Ltd
Quantel medical
Alma Lasers, Ltd.
IRIDEX
QBMI PhotoMedicine
Switch Biotech
Syneron Medical Ltd.
AngioDynamics
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In addition, growth in vision problems, increasing prevalence of skin problems are some of the other factors bolstering the market growth. However, huge costs and product safety concerns are anticipated to hamper the market growth.
By application, oncology segment is anticipated to witness significant growth during the forecast period owing to rising prevalence of cancer worldwide. Full Spectrum Light is used in various applications such as surgery, dermatology, cardiology, oncology, and optical diagnostics. By region, North America commanded the largest share in the global market due to increased desire to retain youth and beauty among population. However, emerging markets such as Brazil, India, Germany, Saudi Arabia and China are anticipated to grow at the highest CAGR due to demand for new therapies for body contouring and other medical conditions.
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Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Photomedicine Market, By Technology
5.1 Introduction
5.2 Dichroic Lamps
5.3 Lasers
5.4 Full Spectrum Light
5.5 Light-Emitting Diodes
5.6 Polychromatic Polarized Light
5.7 Fluorescent Lamps
6 Global Photomedicine Market, By Application
6.1 Introduction
6.2 Dermatology
6.3 Pain Management
6.4 Dental Procedures
6.5 Aesthetics
6.5.1 Skin Resurfacing
6.5.2 Hair Removal
6.5.3 Tattoo Removal
6.5.4 Cosmetic Dentistry
6.6 Optical Diagnostics
6.7 Wound Healing
6.8 Oncology
6.9 Other Applications
7 Global Photomedicine Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
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