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Global Photomedicine Market to 7.15% CAGR to 2021 – Analysis of Beurer, Koninklijke Philips, Lumie, and Verilux

10-06-2017 02:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Nest

Global Photomedicine Market to 7.15% CAGR to 2021 – Analysis

MarketResearchNest.com adds “Global Photomedicine Market 2017-2021” new reports to its research database. The report spread across 76 pages with tables and figures in it.

The research analysts forecast the global photomedicine market to grow at a CAGR of 7.15% during the period 2017-2021.

Photomedicine is the study and treatment of diseases through exposure to light. Light energy can cause mechanical and chemical reactions and heating effects. The transmission of light energy through photon absorption leads to many different outcomes in photomedicine. Moreover, there are many new applications of light energy such as disease diagnosis and imaging. Human beings have evolved in an environment where they spend roughly half their lives exposed to light from the sun.

Get more details about report at: https://www.marketresearchnest.com/global-photomedicine-market-2017-2021.html

Technavio recognizes the following companies as the key players in the global photomedicine market: Beurer, Koninklijke Philips, Lumie, and Verilux.

Other Prominent Vendors in the market are: Aura Daylight, Chromogenex, Compass Health Brands, Deka Laser Technologies, Demyk Lightmod Products, Ellipse, Erchonia, Lucimed, Nature Bright, Northern Light Technology, Photomedex, Red Light Man, Sphere Gadget Technologies, and Zepter International.

One trend in the market is increasing adoption of advanced, laser-based treatments. Laser therapy has become one of the most common non-surgical medical procedures. Non-invasive laser procedures are used in various fields such as cosmetic surgery, dermatology, and other related surgeries. Non-surgical laser treatments cost a fraction of surgical procedures.

Order a Purchase Report Copy at https://www.marketresearchnest.com/purchase.php?reportid=264827
(This is premium report, Single User License – USD 3500 and Corporate User License – USD 6000)

According to the report, one driver in the market is growing demand for diagnostic laser products. Laser systems for diagnostic applications are the fastest growing segment globally. Lasers are extensively used in the diagnosis and treatment of several diseases. Their non-invasive technique compared with traditional procedures is an advantage. They are used in human tissues noninvasively where a beam could be transported by optic fibers. Light energy required is much lesser than in conventional light therapy products, and it does not alter the structure or function of the tissues investigated.

Further, the report states that one challenge in the market is lack of awareness about photomedicine. Photomedicine is an emerging branch of medicine used in various clinical and home-based treatment procedures in dermatology, neurology, pain and wound care, and orthopedics. With the per capita healthcare spending as high as $9,640 in Canada and $7,619 in the US, the market in these countries is ever expanding. The users of light therapy in these countries act as a reference group and create awareness about the products and related therapies among prospective users. The high disposable income, increased healthcare spending, and the availability of suitable healthcare facilities support the growth of the market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Inquire before buying this report at https://www.marketresearchnest.com/enquirybuy.php?reportid=264827

MarketResearchNest.com is the most comprehensive collection of market research products and services on the Web. We offer reports from almost all top publishers and update our collection on daily basis to provide you with instant online access to the world’s most complete and recent database of expert insights on global industries, organizations, products, and trends.

Mr. Jeet Jain
Sales Manager
sales@marketresearchnest.com
+1-240-284-8070 / +44-20-3290-4151

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