Europe 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)

Name: Europe Photomedicine Devices and Technologies Market
SKU: Medical Device
Rating: 4.8 (17 reviews)

Market Introduction

Europe consists of five major countries namely Germany, the UK, France, Spain, and Italy. The market is also evaluated for the Rest of Europe market. The region holds second-largest position for the Non-invasive Aesthetic Treatment market. The growth of the market is driven by due to the rising number of aesthetic procedures among the younger population. Also, the developments in the medical devices industry and rising numbers of aesthetic clinics may offer vital growth opportunities for market growth.

The result of the COVID-19 pandemic in the European region has slightly affected the medical device industry negatively. Various companies have shut down their productions, hence are unable to manufacture to meet the rising demand. The COVID–19 pandemic has shown a significant negative impact on the world and European health economies. Health services in the European region are highly prioritized to serve patients affected by COVID-19. The routine health care services have remained suspended. Therefore, it has involved photomedicine devices medical treatment and its dependable revenue generation in the region. Europe has long been within dynamic development in plastic surgery, adapting to different cultures, traditions, and surgical and medical philosophies. In recent times, these changes have been even more significant and rapid. On the other hand, the rise of corona infection has grown significantly, and it has raised the question regarding safety from the aesthetic treatments done by lasers and micro-needling. Thus, aesthetic services have been shut down in European countries. European countries have undergone the second phase of lockdown as they have experienced a second wave of corona infection. Countries like the UK, Belgium, Switzerland, Germany, France, Italy, and Spain are highly affected. Therefore, the lockdown has widely affected the movement of businesses across the region and outside the area. In addition, various conferences related to the aesthetic industry are being conducted through webinars. Hence, it is expected that the negative impact on the market is likely to continues in the following few years.

Market Overview and Dynamics

The photomedicine devices and technologies market in Europe is expected to grow US$ 137.19 million in 2021 to US$ 191.86 million by 2028; it is estimated to grow at a CAGR of 4.9% from 2021 to 2028. The popularity of minimally invasive medical procedures has increased in recent years, owing to the involvement of tiny incisions, faster recovery of patients, and less discomfort caused to the patients. Moreover, photomedicine procedures offer benefits such as less pain; less trauma to muscles, nerves, tissues, and organs; less bleeding and scarring; and minimal injuries to tissues. The growing prevalence of arthritis, cancer, diabetes, and cardiovascular diseases, which require extensive surgical treatments, has boosted the demand for minimally invasive procedures like photomedicine therapies. As a result, there is an enormous demand for photomedicine technology systems. Furthermore, photomedicine therapies are priced and aid in time-saving procedures. Therefore, the growing demand for minimally invasive medical procedures and the rising focus on increasing the efficiency of these procedures would drive the photomedicine devices and technology market in the coming years.

Key Market Segments

In terms of technology, the photodynamic therapy (PDT) segment accounted for the largest share of the Europe photomedicine devices and technologies market in 2021. In term of application, aesthetics and dermatology segment held a larger market share of the photomedicine devices and technologies market in 2021.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the photomedicine devices and technologies market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Alma Lasers, Beurer GmbH, Candela Medica, Koninklijke Philips N.V., Iridex Corporation, Lumenis, THOR Photomedicine Ltd, biolitec AG, and Lumibird among others.

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Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.

Europe Photomedicine Devices and Technologies Market Segmentation

Europe Photomedicine Devices and Technologies Market – By Technology

Europe Photomedicine Devices and Technologies Market – By Application

Aesthetics and Dermatology

Hair Removal Market
Tattoo Removal Market
Skin Resurfacing Market
Other Applications Market

Europe Photomedicine Devices and Technologies Market – By Country

Europe Photomedicine Devices and Technologies Market – Companies Mentioned

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Europe Photomedicine Devices and Technologies Market – By Technology

1.3.2 Europe Photomedicine Devices and Technologies Market – By Application

1.3.3 Europe Photomedicine Devices and Technologies Market – By Country

2. Europe Photomedicine Devices and Technologies Market Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Photomedicine Devices and Technologies Market Landscape

4.1 Overview

4.2 PEST Analysis

4.3 Experts Opinion

5. Europe Photomedicine Devices and Technologies Market– Key Market Dynamics

5.1 Market Drivers

5.1.1 Varied Applicability of Photomedicine

5.1.2 Surging Demand for Minimally Invasive and Non-invasive Therapies

5.2 Market Restraints

5.2.1 Rigid Regulatory Framework

5.3 Market Opportunities

5.3.1 Growing Penetration of Photomedicine in Cancer Treatment

5.4 Future Trends

5.4.1 Flourishing Technological Advancements in Photomedicine

5.5 Impact analysis

6. Europe Photomedicine Devices and Technologies Market Analysis

6.1 Europe Photomedicine Devices and Technologies Market Revenue Forecast and Analysis

7. Europe Photomedicine Devices and Technologies Market Analysis – By Technology

7.1 Overview

7.2 Europe Photomedicine Devices and Technologies Market Share by Technology 2021 & 2028 (%)

7.3 Photodynamic Therapy (PDT)

7.3.1 Overview

7.3.2 Photodynamic Therapy (PDT) Market Revenue and Forecast to 2028 (US$ million)

7.4 Immuno-PDT (Photo immune Therapies)

7.4.1 Overview

7.4.2 Immuno-PDT (Photo immune Therapies) Market Revenue and Forecast to 2028 (US$ million)

7.5 Fluorescence-Guided Surgery

7.5.1 Overview

7.5.2 Fluorescence-Guided Surgery Market Revenue and Forecast to 2028 (US$ million)

7.6 Photodynamic Diagnosis

7.6.1 Overview

7.6.2 Photodynamic Diagnosis Market Revenue and Forecast to 2028 (US$ million)

7.7 Photobiomodulation (Lasers Lights)

7.7.1 Overview

7.7.2 Photobiomodulation (Lasers Lights) Market Revenue and Forecast to 2028 (US$ million)

7.8 Other Technologies

7.8.1 Overview

7.8.2 Other Technologies Market Revenue and Forecast to 2028 (US$ million)

8. Europe Photomedicine Devices and Technologies Market Analysis – By Application

8.1 Overview

8.2 Photomedicine Devices and Technologies Market Share, by Application, 2021 and 2028 (%)

8.3 Aesthetics and Dermatology

8.3.1 Overview

8.3.2 Aesthetics and Dermatology: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ Million)

8.3.3 Hair Removal

8.3.3.1 Overview

8.3.3.2 Hair Removal: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ Million)

8.3.4 Tattoo Removal

8.3.4.1 Overview

8.3.4.2 Tattoo Removal: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ Million)

8.3.5 Skin Resurfacing

8.3.5.1 Overview

8.3.5.2 Skin Resurfacing: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ Million)

8.3.6 Other Applications

8.3.6.1 Overview

8.3.6.2 Other Applications: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ Million)

8.4 Oncology

8.4.1 Overview

8.4.2 Oncology: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ Million)

8.5 Ophthalmology

8.5.1 Overview

8.5.2 Ophthalmology: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ Million)

8.6 Neurology

8.6.1 Overview

8.6.2 Neurology: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ Million)

8.7 Pain Management

8.7.1 Overview

8.7.2 Pain Management: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ Million)

8.8 Wound Healing

8.8.1 Overview

8.8.2 Wound Healing: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ Million)

8.9 Other Applications

8.9.1 Overview

8.9.2 Other Applications: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ Million)

9. Europe Photomedicine Devices and Technologies Market – Country Analysis

9.1 Overview

9.1.1 Europe: Photomedicine Devices and Technologies Market, by Country, 2021 & 2028 (%)

9.1.1.1 Germany: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.1.1 Germany: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.1.2 Germany: Photomedicine Devices and Technologies Market, by Technology, 2019–2028 (USD Million)

9.1.1.1.3 Germany: Photomedicine Devices and Technologies Market, by Application, 2019–2028 (USD Million)

9.1.1.1.3.1 Germany: Photomedicine Devices and Technologies Market, by Aesthetics and Dermatology, 2019–2028 (USD Million)

9.1.1.2 UK: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.2.1 UK: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.2.2 UK: Photomedicine Devices and Technologies Market, by Technology, 2019–2028 (USD Million)

9.1.1.2.3 UK: Photomedicine Devices and Technologies Market, by Application, 2019–2028 (USD Million)

9.1.1.2.3.1 UK: Photomedicine Devices and Technologies Market, by Aesthetics and Dermatology, 2019–2028 (USD Million)

9.1.1.3 France: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.3.1 France: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.3.2 France: Photomedicine Devices and Technologies Market, by Technology, 2019–2028 (USD Million)

9.1.1.3.3 France: Photomedicine Devices and Technologies Market, by Application, 2019–2028 (USD Million)

9.1.1.3.3.1 France: Photomedicine Devices and Technologies Market, by Aesthetics and Dermatology, 2019–2028 (USD Million)

9.1.1.4 Italy: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.4.1 Italy: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.4.2 Italy: Photomedicine Devices and Technologies Market, by Technology, 2019–2028 (USD Million)

9.1.1.4.3 Italy: Photomedicine Devices and Technologies Market, by Application, 2019–2028 (USD Million)

9.1.1.4.3.1 Italy: Photomedicine Devices and Technologies Market, by Aesthetics and Dermatology, 2019–2028 (USD Million)

9.1.1.5 Spain: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.5.1 Spain: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.5.2 Spain: Photomedicine Devices and Technologies Market, by Technology, 2019–2028 (USD Million)

9.1.1.5.3 Spain: Photomedicine Devices and Technologies Market, by Application, 2019–2028 (USD Million)

9.1.1.5.3.1 Spain: Photomedicine Devices and Technologies Market, by Aesthetics and Dermatology, 2019–2028 (USD Million)

9.1.1.6 Rest of Europe: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.6.1 Rest of Europe: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.6.2 Rest of Europe: Photomedicine Devices and Technologies Market, by Technology, 2019–2028 (USD Million)

9.1.1.6.3 Rest of Europe: Photomedicine Devices and Technologies Market, by Application, 2019–2028 (USD Million)

9.1.1.6.3.1 Rest of Europe: Photomedicine Devices and Technologies Market, by Aesthetics and Dermatology, 2019–2028 (USD Million)

10. Impact of COVID-19 Pandemic on Europe Photomedicine Devices and Technologies Market

10.1 Europe Impact Assessment of COVID-19 Pandemic

11. Europe Photomedicine Devices and Technologies Market –Industry Landscape

11.1 Overview

11.2 Organic Developments

11.2.1 Overview

11.3 Inorganic Developments

11.3.1 Overview

12. Company Profiles

12.1 Alma Lasers (Sisram Medical Ltd)

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Beurer GmbH

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 biolitec AG (Biolitec)

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Lumenis

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Lumibird (formerly Quantel-Keopsys group)

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 THOR Photomedicine Ltd

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Candela Medical

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Koninklijke Philips N.V.

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Iridex Corporation

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES

Table 1. Europe Photomedicine Devices and Technologies Market – Revenue Forecast and Analysis to 2028 (US$ Million)

Table 2. Germany Photomedicine Devices and Technologies Market, by Technology – Revenue and Forecast to 2028 (USD Million)

Table 3. Germany Photomedicine Devices and Technologies Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 4. Germany Photomedicine Devices and Technologies Market, by Aesthetics and Dermatology – Revenue and Forecast to 2028 (USD Million)

Table 5. UK Photomedicine Devices and Technologies Market, by Technology – Revenue and Forecast to 2028 (USD Million)

Table 6. UK Photomedicine Devices and Technologies Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 7. UK Photomedicine Devices and Technologies Market, by Aesthetics and Dermatology – Revenue and Forecast to 2028 (USD Million)

Table 8. France Photomedicine Devices and Technologies Market, by Technology – Revenue and Forecast to 2028 (USD Million)

Table 9. France Photomedicine Devices and Technologies Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 10. France Photomedicine Devices and Technologies Market, by Aesthetics and Dermatology – Revenue and Forecast to 2028 (USD Million)

Table 11. Italy Photomedicine Devices and Technologies Market, by Technology – Revenue and Forecast to 2028 (USD Million)

Table 12. Italy Photomedicine Devices and Technologies Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 13. Italy Photomedicine Devices and Technologies Market, by Aesthetics and Dermatology – Revenue and Forecast to 2028 (USD Million)

Table 14. Spain Photomedicine Devices and Technologies Market, by Technology – Revenue and Forecast to 2028 (USD Million)

Table 15. Spain Photomedicine Devices and Technologies Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 16. Spain Photomedicine Devices and Technologies Market, by Aesthetics and Dermatology – Revenue and Forecast to 2028 (USD Million)

Table 17. Rest of Europe Photomedicine Devices and Technologies Market, by Technology – Revenue and Forecast to 2028 (USD Million)

Table 18. Rest of Europe Photomedicine Devices and Technologies Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 19. Rest of Europe Photomedicine Devices and Technologies Market, by Aesthetics and Dermatology – Revenue and Forecast to 2028 (USD Million)

Table 20. Recent organic developments in the Photomedicine Devices and Technologies Market

Table 21. Recent Inorganic Developments in the Photomedicine Devices and Technologies Market

Table 22. Glossary of Terms, Photomedicine Devices and Technologies Market

LIST OF FIGURES

Figure 1. Europe Photomedicine Devices and Technologies Market Segmentation

Figure 2. Europe Photomedicine Devices and Technologies Market Segmentation, By Country

Figure 3. Europe Photomedicine Devices and Technologies Market Overview

Figure 4. Photodynamic Therapy Segment Held the Largest Share of the Technology Segment in Photomedicine Devices and Technologies Market

Figure 5. Germany to Show Significant Growth During Forecast Period

Figure 6. Europe Photomedicine Devices and Technologies Market, Industry Landscape

Figure 7. Europe and PEST Analysis

Figure 8. Europe Photomedicine Devices and Technologies Market Impact Analysis of Drivers and Restraints

Figure 9. Europe Photomedicine Devices and Technologies Market – Revenue Forecast and Analysis to 2028

Figure 10. Europe Photomedicine Devices and Technologies Market Share by Technology 2021 & 2028 (%)

Figure 11. Photodynamic Therapy (PDT) Market Revenue and Forecasts to 2028 (US$ million)

Figure 12. Immuno-PDT (Photo immune Therapies) Market Revenue and Forecasts to 2028 (US$ million)

Figure 13. Fluorescence-Guided Surgery Market Revenue and Forecasts to 2028 (US$ million)

Figure 14. Photodynamic Diagnosis Market Revenue and Forecasts to 2028 (US$ million)

Figure 15. Photobiomodulation (Lasers Lights) Market Revenue and Forecasts to 2028 (US$ million)

Figure 16. Other Technologies Market Revenue and Forecasts to 2028 (US$ million)

Figure 17. Medical devices market Share, by Application, 2021 and 2028 (%)

Figure 18. Aesthetics and Dermatology: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ Million)

Figure 19. Hair Removal: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ Million)

Figure 20. Tattoo Removal: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ Million)

Figure 21. Skin Resurfacing: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ Million)

Figure 22. Other Applications: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ Million)

Figure 23. Oncology: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ million)

Figure 24. Ophthalmology: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ million)

Figure 25. Neurology: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ million)

Figure 26. Pain Management: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ million)

Figure 27. Wound Healing: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ million)

Figure 28. Other Applications: Photomedicine Devices and Technologies Market– Revenue and Forecast to 2028 (US$ million)

Figure 29. Europe: Photomedicine Devices and Technologies Market, by Key Country – Revenue (2021) (USD Million)

Figure 30. Europe: Photomedicine Devices and Technologies Market, by Country, 2021 & 2028 (%)

Figure 31. Germany: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

Figure 32. UK: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

Figure 33. France: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

Figure 34. Italy: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

Figure 35. Spain: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

Figure 36. Rest of Europe: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

Figure 37. Impact of COVID-19 Pandemic in European Country Markets

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