Photomedicine Market By Deployment, Capability, Equipment and End User Analysis by 2026

The Global Photomedicine Market is valued to reach USD 490.2 Million by 2026, growing at a CAGR of 8.01% over the forecast period 2020-2026. Factors like increasing adoption of advanced laser-based treatments, high prevalence of diseases caused by sunlight and emergence of personalized medicine are augmenting the market growth.

Increase in incidences of cancer therapies across the globe and rise in demand for photo therapies is gaining a high momentum. Photomedicine is a field wherein light is used to kill undesirable cells such as pathogenic and cancer infections. The killing effect is produced when visible light is in a conjoint with photosensitizers that creates reactive oxygen modules. Photobiomodulation is a process when cancer stem cells are subset of tumor cells that are thought to be tumor recurrence. In addition, the photobiomodulation usually affects cytchrome oxidase located in the mitochondria and stem cells are inactive in their hypoxic state with low levels of mitochondrial activity.

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