Report Highlights
The global photomedicine technology market will grow from $346 million in 2016 to $436 million by 2021, with a compound annual growth rate (CAGR) of 4.7% for the period of 2016-2021.
Report Includes
- An overview of the global markets for photomedicine, a field of medicine that comprises pathologies caused by light and therapeutic applications of light itself.
- Analyses of global market trends, with data from 2015, 2016, and projections of CAGRs through 2021.
- Information focused on medical equipment (such as lasers, light emitting diodes and other kinds of light technologies) which are employed to treat and diagnose a variety of diseases like skin conditions (psoriasis, vitiligo, cancer etc), seasonal and non-seasonal medical conditions, sleep disorders, and more.
- Coverage of therapeutic areas will include dermatology, surgery, optical diagnostics, cardiology, and oncology.
- Analysis of important market dynamics such as growth drivers, inhibitors, and opportunities.
- Profiles of major players in the photomedicine industry.
Report Scope
This research report offers an in-depth analysis of the global photomedicine market, including market estimations and trends, through 2021. Major players, competitive intelligence, innovative technologies, market dynamics and regional opportunities are discussed in detail. The report also examines recent developments and product portfolios of the major players. A patent analysis provides technological trends over the past few years in the United States, Europe and Japan.
Analyst Credentials
Vijay Laxmi has more than 20 years of domain experience. In addition to experience in business research and consulting, she has conducted corporate briefings for top players in a wide range of market segments. She has worked with major market research firms and handled projects for various consultancies.
Laxmi has authored several market research studies in the healthcare domain on the following subjects:
- Various medical devices markets.
- High-growth and niche markets in healthcare and life sciences.
- The home healthcare market.
- Medical tourism.
Report Highlights
The global market of photomedicine, including drugs and devices, was valued at $609.7 million in 2013. The market is expected to reach $616.8 million in 2014 and $754 million in 2019, a compound annual growth rate (CAGR) of 4.1% for the five-year period, 2014 to 2019.
Report Includes
- An overview of the global markets for photomedicine, a field of medicine that comprises pathologies caused by light and therapeutic applications of light itself.
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of CAGRs through 2019.
- Information focused on medical equipment (such as lasers, light emitting diodes and other kinds of light technologies) which are employed to treat and diagnose a variety of diseases like skin conditions (psoriasis, vitiligo, cancer etc), seasonal and non-seasonal medical conditions, sleep disorders, and more.
- Coverage of therapeutic areas will include dermatology, surgery, optical diagnostics, cardiology, and oncology.
- Analysis of important market dynamics such as growth drivers, inhibitors, and opportunities.
- Comprehensive company profiles of major players in the photomedicine industry.
Related Reports
Global Markets and Technologies for Medical Lasers
The global market for medical lasers is estimated to increase from $1.6 billion in 2023 to reach $3.3 billion by 2028, at a compound annual growth rate (CAGR) of 15.2% from 2023 through 2028.
Operating Room Equipment and Software: Global Markets
The global market for operating room equipment and software reached $26.1 billion in 2022. The market is estimated to increase from $27.8 billion in 2023 to reach $38.9 billion by 2028, at a compound annual growth rate (CAGR) of 6.9% from 2023 through 2028.
Light Therapy Devices: Global Markets
The global market for light therapy devices should reach $841 million by the end of 2022 and should reach more than $1.4 billion by 2027, with a compound annual growth rate (CAGR) of 4.3% during the forecast period of 2022-2027.
Medical Aesthetic Devices: Technologies and Global Markets
The global market for medical aesthetic devices is estimated to increase from $16.5 billion in 2021 to $28.4 billion by 2026, at a compound annual growth rate (CAGR) of 11.4% during the forecast period of 2021-2026.
Recent Reports
Medical Robotics and Computer-assisted Surgery: The Global Market
The global market for medical robotics and computer-assisted surgery is expected to grow from $11.5 billion in 2023 and projected to reach $19.5 billion by the end of 2028, at a compound annual growth rate (CAGR) of 11.0% during the forecast period of 2023 to 2028.
Medical Magnetic Resonance Imaging (MRI): Technologies and Global Markets
The global market for medical magnetic resonance imaging (MRI) is expected to grow from $7.2 billion in 2023 and projected to reach $9.8 billion by the end of 2028, at a compound annual growth rate (CAGR) of 6.4% during the forecast period of 2023 to 2028.
Global Markets for Emerging Insulin Drug and Delivery Technologies: Focus on Syringes and Vials
The global market for emerging insulin drug delivery devices is expected to grow from $55.8 billion in 2023 and projected to reach $88.9 billion by the end of 2028, at a compound annual growth rate (CAGR) of 9.8% from 2023 through 2028.
Global Cleanroom Technology Market
The global market for cleanroom products is expected to grow from $7.5 billion in 2023 to $10.9 billion by the end of 2028, at a compound annual growth rate (CAGR) of 7.6% from 2023 through 2028.
Ophthalmic Devices, Diagnostics and Surgical Equipment: Global Markets
The global market for ophthalmic devices, diagnostics and surgical equipment is expected to grow from $32.5 billion in 2023 and forecast to reach $44.0 billion by the end of 2028, at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2028.
Top Trending Reports
Global Market for Cell and Gene Therapy
The global market for cell and gene therapy is expected to grow from $7.2 billion in 2023 and projected to reach $23.3 billion by the end of 2028, at a compound annual growth rate (CAGR) of 26.4% during the forecast period of 2023 to 2028.
Peptide Synthesis: Global Markets
The global market for peptide synthesis is expected to grow from $90.1 billion in 2023 and projected to reach $157.5 billion by the end of 2028, at a compound annual growth rate (CAGR) of 11.8% during the forecast period of 2023 to 2028.
Medical Magnetic Resonance Imaging (MRI): Technologies and Global Markets
The global market for medical magnetic resonance imaging (MRI) is expected to grow from $7.2 billion in 2023 and projected to reach $9.8 billion by the end of 2028, at a compound annual growth rate (CAGR) of 6.4% during the forecast period of 2023 to 2028.
Oligonucleotides: Global Markets
The global market for oligonucleotides is expected to grow from $7.0 billion in 2023 and projected to reach $11.7 billion by the end of 2028, at a compound annual growth rate (CAGR) of 11.0% during the forecast period of 2023 to 2028.
Next-generation Sequencing: Emerging Clinical Applications and Global Markets
The global market for clinical applications of next-generation sequencing is estimated to increase from $21.9 billion in 2023 to reach $52.9 billion by 2028, at a compound annual growth rate (CAGR) of 19.3% from 2023 through 2028.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More