Press release
Photomedicine Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030
The global photomedicine market is anticipated to grow at a considerable CAGR of 7% during the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace. For instance,A full report of Photomedicine Market is available at: https://www.omrglobal.com/industry-reports/photomedicine-market-size
In December 2020, Cellaria Inc in partnership with Spring Lab, Northeastern University, has been receipt of a National Institutes of Health (NIH) R01 has granted to extend and advance application for hard-to-treat cancers by innovative new photomedicine-based therapies. This partnership has been provided with $3.2M funding to develop precision therapeutics in relation with tailored to the requirements of specific patient populations. Cellaria Inc. has also provided omics data, to determine that which biomarkers are most actionable when it comes in contact with drug-resistant cells and while applying them to photomedicine.
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In January 2020, Sebacia, Inc., launched Sebacia Microparticles in the US for the treatment of acne. This new microparticle was developed in collaboration with researchers from the Wellman Center of Photomedicine and also cleared the FDA approval. The new microparticles will also be using it and laser energy in dermatology. The company has also acquired Sienna Biopharmaceuticals 'SNA-001 (silver photo particle technology) effectively resolving outstanding patent litigation between the firms.
Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
o By Application
o By Technology
Regions Covered-
o North America
o Europe
o Asia-Pacific
o 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.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global 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- Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
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
Reasons to Buying From us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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