The global photobiostimulation devices market attained a value of USD 187 million in 2019. The photobiostimulation devices market is further expected to grow in the forecast period of 2020-2025 at a CAGR of around 6.2% to reach USD 268.5 million by 2025. A rising number of chronic diseases, a rapidly growing population, and the increased availability of emergency medical services are driving the global market for photobiostimulation devices.
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Properties and Applications
Photobiostimulation devices are used to reduce pain, inflammation and oedema, to facilitate the healing of wounds, tissues and nerves and to prevent damage to the tissue. Modern photobiostimulation devices use LEDs to generate the required wavelength for specific results. Photobiostimulation devices work mainly because light acts on a protein in the mitochondria of the cell, resulting in an increase in ATP and a reduction in oxidative stress. Eventually, a series of intracellular processes leads to better tissue and less inflammation.
Based on the wavelength type, the photobiostimulation devices market can be divided into:
The photobiostimulation devices market can be broadly categorised based on its applications into:
It finds end-use in the following sectors:
The EMR report looks into the regional markets of photobiostimulation devices like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The growth of the photobiostimulation devices is motivated by factors like the growing trend of non-invasive treatment methods, the increasing number of patients suffering from chronic pain, and the need for affordable treatment options. But while the FDA licenses photobiostimulation devices, the rules governing the manufacture of these devices are relatively complex, resulting in several inferior quality products on the market. Also, several counterfeit products are available on the market, which hinders the overall growth of the market for photobiostimulation products.
The report presents a detailed analysis of the following key players in the global photobiostimulation devices market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the photobiostimulation devices market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Questions Answered in the Market Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Key Industry Trends
3.3 Market Scope and Segmentation
3.4 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Photobiostimulation Devices Market Analysis
6.1 Global Photobiostimulation Devices Historical Market (2015-2019) & Forecast (2020-2025)
6.2 Global Photobiostimulation Devices Market Breakup by Wavelength Type
6.2.1 Infrared Light
6.2.2 Red Light
6.3 Global Photobiostimulation Devices Market Breakup by Wavelength Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.3.1 Infrared Light
6.3.2 Red Light
6.4 Global Photobiostimulation Devices Market by Application
6.4.1 Pain Management
6.4.2 Wound Care
6.4.3 Cosmetic Applications
6.5 Global Photobiostimulation Devices Market Breakup by Application: Historical Market (2015-2019) & Forecast (2020-2025)
6.5.1 Pain Management
6.5.2 Wound Care
6.5.3 Cosmetic Applications
6.6 Global Photobiostimulation Devices Market Breakup by End Use
6.6.1 Specialty Clinics
6.6.2 Research Institutions
6.6.3 Home Care
6.7 Global Photobiostimulation Devices Market Breakup by End Use: Historical Market (2015-2019) & Forecast (2020-2025)
6.7.1 Specialty Clinics
6.7.2 Research Institutions
6.7.3 Home Care
6.8 Global Photobiostimulation Devices Market Breakup by Region
6.8.1 North America
188.8.131.52 United States of America
184.108.40.206 United Kingdom
6.8.3 Asia Pacific
6.8.4 Latin America
6.8.5 Middle East & Africa
220.127.116.11 Saudi Arabia
18.104.22.168 United Arab Emirates
22.214.171.124 South Africa
6.9 Global Photobiostimulation Devices Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.9.1 North America
126.96.36.199 United States of America
188.8.131.52 United Kingdom
6.9.3 Asia Pacific
6.9.4 Latin America
6.9.5 Middle East & Africa
184.108.40.206 Saudi Arabia
220.127.116.11 United Arab Emirates
18.104.22.168 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Regional Price Analysis
9.1 North America Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.2 Europe Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.3 Asia Pacific Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.4 Latin America Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.5 Middle East & Africa Historical Price Trends (2015-2019) & Forecast (2020-2025)
10 Competitive Landscape & Supplier Analysis
10.1 Thor Photomedicine Ltd.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.2 Bioflex Laser Therapy
10.2.1 Company Overview
10.2.2 Financial Analysis
10.3 Ingeneus Pty. Ltd.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.4 Biolight Technologies
10.4.1 Company Overview
10.4.2 Financial Analysis
10.5 TheraDome, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.6 BioCare Systems, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.7 Erchonia Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.8 Theralase Technologies, Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
11 Events and Developments
Additional Customization Available:
12 Feedstock Analysis
13 Procurement Strategy
13.1 Value Chain Analysis
13.2 Contract Terms
13.3 Buying and Sourcing Trends
13.4 Storage and Warehousing
13.5 Certifications and Regulations
13.6 Risk Factors
14 Trade Data Analysis
14.1 Major Exporting Countries: By Value and Volume
14.2 Major Importing Countries: By Value and Volume
15 Manufacturing Process
15.1 Detailed Process Flow
15.2 Operations Involved
15.3 Mass Balance
16 Cost Analysis and Project Economics
16.1 Land, Location and Site Development
16.3 Plant Machinery
16.4 Cost of Raw Material
16.9 Other Capital Investment
17 Production Cost Analysis
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