Title: Photomedicine Market is ready to Grow Globally with Phenomenal Trend Diversity Between 2019 to 2026
1Photomedicine Market To Reach USD 498.3 Million
By 2026
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2 Market Summary
High prevalence of diseases caused by sunlight,
technological advancements and rising awareness
of the treatment are the key factors contributing
to the CAGR in the forecasted period. Photomedici
ne Market Size USD 314.5 Million in 2018,
Market Growth - CAGR of 4.8, Market Trends
heavy investments for research and development to
explore newer sectors for application and launch
of products with higher efficiencies.
3 Our Approach
Market Summary
- According to the current analysis of Reports and
Data, the global Photomedicine market was valued
at USD 314.5 Million in 2018 and is expected to
reach USD 498.3 Million by year 2026, at a CAGR
of 4.8 . The study covers the genre of
healthcare with special focus on medical devices
of Photomedicine. Photomedicine is an
interdisciplinary branch of medicine that
involves study and application of light with
respect to health and diseases caused by light
and use of light to detect, diagnose and treat
diseases. It includes both, study and treatment
of diseases caused by exposure to light and on
the other hand, diagnostic and therapeutic
applications of light for detecting and curing
diseases. Light energy is capable of causing
heating, mechanical effects and chemical
reactions. The transfer of light energy through
photon absorption can lead to many different
consequences in Photomedicine. - The key players include THOR Photomedicine Ltd.,
PhotoMedex Inc., Alma Lasers Ltd., Syneron
Medical Ltd., Lumenis and Candela. - Get a Free Sample PDF Report to understand our
report before you purchase https//www.reportsand
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4 Our Approach
Market Summary
- Further key findings from the report suggest
- Minimal invasiveness has been attracting the
attention of many in the recent times. Since
photomedicine is one of the major types of
minimal intrusive treatments, there has been a
spur of growth in the demand for this procedure.
Increasing cases of cancer and several other
diseases caused by light, has triggered research
and development initiatives to develop several
innovative solutions for treatment of cancer and
the several other diseases, which lays a
foundation for future growth. - Laser technology dominates the market. It has
gained popularity due to its successful
application in cancer treatments. Further
research and development is being carried out to
explore its application in the other domains. At
present, lasers occupy the largest market share
of 34. - The introduction of low level laser therapy for
tissue repairing, inflammation reduction and pain
management has been a milestone achievement in
this segmentContinued - To identify the key trends in the industry, click
on the link below https//www.reportsanddata.com/
report-detail/photomedicine-market
5 Our Approach
Market Summary
- For the purpose of this report, Reports and Data
has segmented the Photomedicine market on the
basis of device type, application, type of
therapy, and region - Device Type (Revenue, USD Million 20162026)
- Lasers
- Polychromatic Polarized Light
- Full spectrum lights
- Lamps
- Fluorescent
- Dichroic
- Application (Revenue, USD Million 20162026)
- Oncology
- Dental
- Pain
- Dermatology
- Ophthalmology
6 Our Approach
Market Summary
- Type of Therapy (Revenue in USD Million
2016-2026) - Heliotherapy
- Laser therapy
- Photodynamic therapy
- Regional Outlook (Revenue in USD Million
20162026) - North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and
Southeast Asia) - South America (Brazil, Argentina, Colombia)
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7 Our Approach
About Us
- Reports and Data is a market research and
consulting company that provides syndicated
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focus on your purpose to locate, target and
analyze consumer behavior shifts across
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Power, and Energy. We consistently update our
research offerings to ensure our clients are
aware about the latest trends existent in the
market. Reports and Data has a strong base of
experienced analysts from varied areas of
expertise. - Contact Us
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