Report Sellers has added a new market research report “Photomedicine – Global Market Outlook (2017-23)” to its offerings.
According to Report, the Global 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. 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.
Some of the key players in Photomedicine market include Abbott Medical Optics Inc., Novartis, Philips, BIOLITEC, THOR Photomedicine Ltd, Quantel medical, Alma Lasers, Ltd., IRIDEX, QBMI PhotoMedicine, Switch Biotech, Syneron Medical Ltd., AngioDynamics, Wellman Center for Photomedicine, Spectranetics, Lumenis Ltd., Pfizer Inc., Colorado Skin & Vein and PhotoMedex.
Browse through the complete description and in-depth TOC on “Global Photomedicine Market”
What does the Report Offers
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Global Medical Holography Market has been segmented by technologies covered, applications covered and regions covered
Full Spectrum Light
Polychromatic Polarized Light
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
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