South America 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)

Market Introduction

The South America region consist of Brazil, Argentina, and rest of South America. The growth of the photomedicine devices and technologies market is expected to have several growth opportunities due to rising medical tourism, which offers aesthetic services in a cost-effective manner. Also, the offering of advanced laser therapies across the countries is resulting in increasing numbers of medical tourists in the countries. Moreover, the growing strategic developments is enhancing the growth of market during the forecast period.

The outbreak of COVID–19 has severely impacted the flow of medical services in the region. Also, the countries are popular for medical tourism, which is also affected by the pandemic. Brazil, Argentina, Peru, Chile, Uruguay, Colombia is affected by the second wave of corona infection. Among which Brazil has registered the majority of the deaths. It is expected that the region is likely to impose a second lockdown, which will eventually hamper the healthcare industry in the region. Countries in Brazil and Argentina are among the top destinations in the world for aesthetic Technologies. However, the outbreak of COVID–19 has severely impacted the flow of medical services in the region. The Hospital das Clínicas - University of Sao Paulo Medical School (HCFMUSP), the largest university hospital group in Brazil. HCFMUSP has been transformed into a reference center for coronavirus disease 2019. The Division of Plastic Surgery suspended non-essential operations and outpatient consultations, achieving new guidelines (ANG) of national and international associations. Even with these difficulties resulting from the pandemic, options were acknowledged to maintain institutional features. Nevertheless, it is expected that the region is likely to impose a second lockdown, which will eventually hamper the healthcare industry in the area Moreover, countries are significantly dependent on the US and European countries for their medical resources. Thus, the market in the region has experienced a significant slowdown and is expected to face the same in the following two to three years.

Market Overview and Dynamics

The photomedicine devices and technologies market in South America is expected to grow US$ 35.32 million in 2021 to US$ 47.22 million by 2028; it is estimated to grow at a CAGR of 4.2% 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 South America 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 South America 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, and THOR Photomedicine Ltd, among others.

Reasons to buy report

To understand the South America photomedicine devices and technologies market landscape and identify market segments that are most likely to guarantee a strong return
Stay ahead of the race by comprehending the ever-changing competitive landscape for South America photomedicine devices and technologies market
Efficiently plan M&A and partnership deals in South America photomedicine devices and technologies market by identifying market segments with the most promising probable sales
Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form South America photomedicine devices and technologies market
Obtain market revenue forecast for market by various segments from 2021-2028 in South America region.

South America Photomedicine Devices and Technologies Market Segmentation

South America Photomedicine Devices and Technologies Market – By Technology

South America Photomedicine Devices and Technologies Market – By Application

Aesthetics and Dermatology

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

South America Photomedicine Devices and Technologies Market – By Country

Brazil
Argentina
Rest of SAM

South America 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 South America Photomedicine Devices and Technologies Market – By Technology

1.3.2 South America Photomedicine Devices and Technologies Market – By Application

1.3.3 South America Photomedicine Devices and Technologies Market – By Country

2. South America Photomedicine Devices and Technologies Market Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. South America Photomedicine Devices and Technologies Market Landscape

4.1 Overview

4.2 PEST Analysis

4.3 Experts Opinion

5. South America Photomedicine Devices and Technologies Market– Key Market Dynamics

5.1 Market Drivers

5.1.1 Extensive Applicability of Photomedicine

5.1.2 Fostering Demand for Minimally Invasive and Non-invasive Therapies

5.2 Market Restraints

5.2.1 Rigorous Regulatory Framework

5.3 Market Opportunities

5.3.1 Heighten Penetration of Photomedicine in Cancer Treatment

5.4 Future Trends

5.4.1 Ramping Technological Advancements in Photomedicine

5.5 Impact analysis

6. South America Photomedicine Devices and Technologies Market Analysis

6.1 South America Photomedicine Devices and Technologies Market Revenue Forecast and Analysis

7. South America Photomedicine Devices and Technologies Market Analysis – By Technology

7.1 Overview

7.2 South America 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 Photo biomodulation (Lasers Lights)

7.7.1 Overview

7.7.2 Photo biomodulation (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. South America Photomedicine Devices and Technologies Market Analysis – By Application

8.1 Overview

8.2 South America 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. South America Photomedicine Devices and Technologies Market – Country Analysis

9.1 Overview

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

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

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

9.1.1.1.2 Brazil: Photomedicine Devices and Technologies Market, by Technology - Revenue and Forecast to 2028 (USD Million)

9.1.1.1.2.1 Brazil: Photomedicine Devices and Technologies Market, by Application - Revenue and Forecast to 2028 (USD Million)

9.1.1.2 Brazil: Photomedicine Devices and Technologies Market, by Aesthetics and Dermatology, Revenue and Forecast to 2028 (USD Million)

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

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

9.1.1.3.2 Argentina: Photomedicine Devices and Technologies Market, by Technology - Revenue and Forecast to 2028 (USD Million)

9.1.1.3.2.1 Argentina: Photomedicine Devices and Technologies Market, by Application - Revenue and Forecast to 2028 (USD Million)

9.1.1.4 Argentina : Photomedicine Devices and Technologies Market, by Aesthetics and Dermatology, Revenue and Forecast to 2028 (USD Million)

9.1.1.5 Rest of South America: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.5.1 Rest of South America: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.5.2 Rest of South America: Photomedicine Devices and Technologies Market, by Technology - Revenue and Forecast to 2028 (USD Million)

9.1.1.5.2.1 Rest of South America: Photomedicine Devices and Technologies Market, by Application - Revenue and Forecast to 2028 (USD Million)

9.1.1.6 Rest of South America : Photomedicine Devices and Technologies Market, by Aesthetics and Dermatology, Revenue and Forecast to 2028 (USD Million)

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

10.1 South America: Impact Assessment of COVID-19 Pandemic

11. South America 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 Lumenis

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 THOR Photomedicine Ltd

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 Candela Medical

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 Koninklijke Philips N.V.

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 Iridex Corporation

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

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES

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

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

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

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

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

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

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

Table 8. Rest of South America: Photomedicine Devices and Technologies Market, by Technology – Revenue and Forecast to 2028 (USD Million)

Table 9. Rest of South America: Photomedicine Devices and Technologies Market, by Application – Revenue and Forecast to 2028 (USD Million)

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

Table 11. Recent organic developments in the Photomedicine Devices and Technologies Market

Table 12. Recent Inorganic Developments in the Photomedicine Devices and Technologies Market

Table 13. Glossary of Terms, Photomedicine Devices and Technologies Market

LIST OF FIGURES

Figure 1. South America Photomedicine Devices and Technologies Market Segmentation

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

Figure 3. South America 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. Brazil to Show Significant Growth During Forecast Period

Figure 6. South America Photomedicine Devices and Technologies Market, Industry Landscape

Figure 7. South America PEST Analysis

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

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

Figure 10. South America 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. Photo biomodulation (Lasers Lights) Market Revenue and Forecasts to 2028 (US$ million)

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

Figure 17. South America Photomedicine Devices and Technologies 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. South America: Photomedicine Devices and Technologies Market, by Key Country – Revenue (2020) (USD Million)

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

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

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

Figure 33. Rest of South America: Photomedicine Devices and Technologies Market – Revenue and Forecast to 2028 (USD Million)

Figure 34. Impact of COVID-19 Pandemic in South America Market

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DISCLAIMER

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