Photomedicine Technologies - Global Strategic Business Report

Global Photomedicine Technologies Market to Reach $680.5 Million by 2030

The global market for Photomedicine Technologies estimated at US$426.4 Million in the year 2022, is projected to reach a revised size of US$680.5 Million by 2030, growing at a CAGR of 6% over the analysis period 2022-2030. Lasers, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach US$343.9 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Light-Emitting Diodes segment is readjusted to a revised 7.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $126.3 Million, While China is Forecast to Grow at 5.4% CAGR

The Photomedicine Technologies market in the U.S. is estimated at US$126.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$117 Million by the year 2030 trailing a CAGR of 5.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.4% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.

Select Competitors (Total 42 Featured) -

• Abbott Medical Optics, Inc.
• Alma Lasers Ltd.
• BIOLASE, Inc.
• biolitec AG
• Colorado Skin and Vein
• Koninklijke Philips NV
• Lumenis Ltd.
• Massachusetts General Hospital - The Wellman Center for Photomedicine
• Novartis AG
• Pfizer, Inc.
• Quantel Medical
• Spectranetics Corporation
• SWITCH Biotech LLC
• THOR Photomedicine Ltd.
• Vascular Solutions, Inc.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year