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Photomedicine: Global Industry Analysis 2017-2018 Forecast to 2023 – Focus on Technologies and Applications – ResearchAndMarkets.com

The “Photomedicine
– Global Market Outlook (2017-2023)” report has been added to ResearchAndMarkets.com’s
offering.

The Global Photomedicine Market 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.

What the report offers:

Segments Covered

Technologies

Applications

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Photomedicine Market, By Technology

6 Global Photomedicine Market, By Application

7 Global Photomedicine Market, By Geography

8 Key Developments

9 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/research/7m5kv2/photomedicine?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180615005246/en/