Report : Middle East and Africa Photomedicine Devices and Technologies Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technology (Photodynamic Therapy (PDT), Immuno-PDT (Photoimmune Therapies), Fluorescence-Guided Surgery, Photodynamic Diagnosis, Photobiomodulation (Lasers Lights), and Other Technologies) and Application (Aesthetics and Dermatology, Oncology, Ophthalmology, Neurology, Pain Management, Wound Healing, and Other Applications)
Hair Removal Segment to dominate Middle East & Africa Photomedicine Devices and Technologies Market during 2021–2028
According to a new market research study on “Middle East & Africa Photomedicine Devices and Technologies Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Technology and Application,” is expected to reach US$ 24.38 million by 2028 from US$ 19.03 million in 2021. The market is estimated to grow at a CAGR of 3.6% from 2021 to 2028. The report provides trends prevailing in the Middle East & Africa photomedicine devices and technologies market along with the drivers and restraints pertaining to the market growth. Burgeoning demand for minimally invasive and noninvasive therapies, strengthening penetration of photomedicine in cancer treatment, and progressive technological advancements in photomedicine are the major factor driving the growth of the Middle East & Africa photomedicine devices and technologies market. However, forceful regulatory framework hinders the growth of Middle East & Africa photomedicine devices and technologies market.
The coronavirus has shown substantial effects in the Middle East & Africa. The pandemic has boosted the demand for medical devices that can be used in a home care setting. The region has observed increasing numbers of patients admitted to intensive care units (ICU), a rising number of medications imposing multiple diagnostic and therapeutic challenges on stressed healthcare systems, leading to a rise in minimally invasive or noninvasive medical devices. However, medical industry segments, including photomedicine devices, have experienced losses during the COVID-19 pandemic due to restricted manufacturing and supply chain facilities. Most of the photomedicine therapies were delayed or postponed due to prioritization of healthcare settings to COVID 19 patients. However, due to the growing infection rate in South Africa, UAE, and other Middle East & African countries, photodynamic therapy is being studied to treat COVID among the population. Various research reports have been published for evaluation of photodynamic therapy for COVID 19. For instance, research article published in Xia & He Publishing journal reported that Photodynamic therapy (PDT) for the inactivation of severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) might be a valuable therapy for the treatment of coronavirus disease 2019 (COVID-19) disease. However, preclinical and clinical studies need to be performed to determine the feasibility, safety and efficacy of this approach.
The Middle East & Africa photomedicine devices and technologies market is segmented on the basis of technology, application, and country. Based on technology, the market is segmented into photodynamic therapy (PDT), Immuno-PDT (Photoimmune Therapies), photobiomodulation (Lasers Lights), photodynamic diagnosis, fluorescence-guided surgery, and other technologies. In 2021, Photodynamic Therapy (PDT) segment held the largest share in the market, it is also expected to be the fastest growing segment during the forecast period. Based on application, the market is segmented into aesthetics and dermatology, oncology, ophthalmology, neurology, pain management, wound healing, and other applications. In 2021, aesthetics and dermatology segment held the largest share in the market, it is also expected to be the fastest growing segment during the forecast period. Further based on aesthetics and dermatology, the market is segmented into hair removal, tattoo removal, skin resurfacing, and other applications. In 2021, hair removal segment held the largest share in the market, it is also expected to be the fastest growing segment during the forecast period. Similarly, based on country the market is segmented into South Africa, Saudi Arabia, the UAE, and Rest of Middle East & Africa. In 2021, South Africa held the largest share in the market, and it is also expected to be the fastest growing country during the forecast period.
Alma Lasers, Beurer GmbH, Candela Medica, Koninklijke Philips N.V., Iridex Corporation, Lumenis, and THOR Photomedicine Ltd. are among the leading companies in the Middle East & Africa photomedicine devices and technologies market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, biolitec App for proctologists now available for download. It contains Information on studies, trade fairs, and workshops on SiLaC, FiLaC, LHP laser therapy
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