Photomedicine Devices and Technologies Market
Medical Device

Photomedicine Devices and Technologies Market Surging CAGR of 5.3% from 2021 to 2028.

Photomedicine is a discipline of medicine that uses photobiology and light to cure diseases and other medical conditions. Photomedicine is the use of lasers, full-spectrum light, dichroic lamps, polychromatic polarized light, light-emitting diodes, and fluorescent lamps to expose people to specific wavelengths of light. Photomedicine is a new therapy option for a variety of disorders that has outperformed the old technique of diagnosing and detecting a condition.

Beurer GmbH and Lumenis- Notable Market Players in Photomedicine Devices and Technologies Market

The photomedicine devices and technologies market majorly consists of the players such as Alma Lasers, Beurer GmbH., Biolitec AG, Lumenis, Quantel Medical, THOR Photomedicine Ltd, Verilux Inc, Candela Medical, KONINKLIJKE PHILIPS N.V., and Iridex Corporation.

The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have adopted several inorganic and organic strategies to accelerate their growth and improve their market position.

Below is the list of the growth strategies done by the players operating in the photomedicine devices and technologies market:

Year News
July-2021 Beurer GmbH announced the expansion of its medical device facility in Europe to combat the challenges caused by the pandemic such as inadequate material availability, production delays and supply bottlenecks. The expansion has helped the company to significantly grow production in Europe.
June-2021 Beurer GmbH was awarded with German Brand Awards by the German Design Council for its active participation in the transformation of industry and consumer behavior.
May-2021  Lumenis announced the partnership with UK based Harrods Wellness Clinic to equip the aesthetic clinics with Stellar M22. This partnership has helped the patients to seek extremely natural results in addition to state-of-art technologies.

 

 

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