Middle East and Africa Photomedicine Devices and Technologies Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

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)


No. of Pages: 128    |    Report Code: TIPRE00026743    |    Category: Life Sciences

Middle East and Africa Photomedicine Devices and Technologies Market
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Market Introduction

The United Arab Emirates (UAE), Saudi Arabia and South Africa are the 3 major countries in the Middle East and South Africa including rest of MEA countries. The South Africa was the largest market for photomedicine devices and technologies in this region in 2021. The growth of the regions is attributed to the factors such as to rising incidences of chronic diseases, rising awareness regarding minimum or noninvasive therapies, and improving healthcare infrastructure.

The coronavirus has shown substantial effects in the Middle East & Africa. The pandemic has boosted the demand for medical devices that can be used in a home care setting. The region has observed increasing numbers of patients admitted to intensive care units (ICU), a rising number of medications imposing multiple diagnostic and therapeutic challenges on stressed healthcare systems, leading to a rise in minimally invasive or noninvasive medical devices. However, medical industry segments, including photomedicine devices, have experienced losses during the COVID-19 pandemic due to restricted manufacturing and supply chain facilities. Most of the photomedicine therapies were delayed or postponed due to prioritization of healthcare settings to COVID 19 patients. However, due to the growing infection rate in South Africa, UAE, and other Middle East & African countries, photodynamic therapy is being studied to treat COVID among the population. Various research reports have been published for evaluation of photodynamic therapy for COVID 19. For instance, research article published in Xia & He Publishing journal reported that Photodynamic therapy (PDT) for the inactivation of severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) might be a valuable therapy for the treatment of coronavirus disease 2019 (COVID-19) disease. However, preclinical and clinical studies need to be performed to determine the feasibility, safety and efficacy of this approach.

Market Overview and Dynamics

The photomedicine devices and technologies market in Middle East & Africa is expected to grow US$ 19.03 million in 2021 to US$ 24.38 million by 2028; it is estimated to grow at a CAGR of 3.6% from 2021 to 2028. The photomedicine devices and technologies market has grown in recent years, pushing the limits of product development approaches. In the photomedicine devices system market, one such growing trend is to expand devices by producing custom application-based versions. Noninvasive body contouring is currently the most popular aesthetic therapy because of the increasing awareness among the population regarding the painless procedure and the surging inclination of customers toward losing undesired body fat. In response to the growing demand for body contours, the manufacturers of photomedicine devices are developing the variants of a medium-600 nm red light wavelength to remove 99% of the cells within minutes. This type of new product development push is expected to result in photomedicine devices market players no longer maintaining personalized and customized equipment for pain management and wound healing. Companies are bringing in new product technologies in photomedicine that can aid deep penetration and help in skin regeneration and other disorders. For instance, THOR Photomedicine introduced novoTHOR Whole Body Light Pod. The product—which uses photobiomodulation technique. NovoTHOR is a whole-body red-light therapy bed that uses red and near-infrared light to treat injuries, reduce pain, relax muscles and joints, and increase blood circulation.

Key Market Segments

In terms of technology, the photodynamic therapy (PDT) segment accounted for the largest share of the Middle East & Africa 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 Middle East & Africa 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.

 

 

Reasons to buy report

  • To understand the Middle East & Africa 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 Middle East & Africa photomedicine devices and technologies market
  • Efficiently plan M&A and partnership deals in Middle East & Africa 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 Middle East & Africa photomedicine devices and technologies market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in Middle East & Africa region.

Middle East & Africa Photomedicine Devices and Technologies Market Segmentation

 

Middle East & Africa Photomedicine Devices and Technologies Market – By Technology

  • Photodynamic Therapy (PDT)
  • Immuno-PDT (Photoimmune Therapies)
  • Photobiomodulation (Lasers Lights)
  • Photodynamic Diagnosis
  • Fluorescence-guided Surgery
  • Other Technologies

Middle East & Africa Photomedicine Devices and Technologies Market – By

Application

  • Aesthetics and Dermatology
  • Hair Removal Market
  • Tattoo Removal Market
  • Skin Resurfacing Market
  • Other Applications Market
  • Oncology
  • Ophthalmology
  • Neurology
  • Pain Management
  • Wound Healing
  • Other Applications

Middle East & Africa Photomedicine Devices and Technologies Market – By

Country

  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa   

Middle East & Africa Photomedicine Devices and Technologies Market – Companies Mentioned

  • Alma Lasers
  • Beurer GmbH               
  • Candela Medical                                                               
  • Koninklijke Philips N.V.                                                    
  • Iridex Corporation                                                             
  • Lumenis                                                                              
THOR Photomedicine Ltd                                                    

Middle East and Africa Photomedicine Devices and Technologies Strategic Insights

Strategic insights for the Middle East and Africa Photomedicine Devices and Technologies provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Middle East and Africa Photomedicine Devices and Technologies Report Scope

Report Attribute Details
Market size in 2021 US$ 19.03 Million
Market Size by 2028 US$ 24.38 Million
Global CAGR (2021 - 2028) 3.6%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Technology
  • Photodynamic Therapy
  • Immuno-PDT
  • Fluorescence-Guided Surgery
  • Photodynamic Diagnosis
  • Photobiomodulation
  • Other Technologies
By Application
  • Aesthetics and Dermatology
  • Oncology
  • Ophthalmology
  • Neurology
  • Pain Management
  • Wound Healing
  • Other Applications
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Alma Lasers
  • Beurer GmbH
  • Candela Medical
  • Koninklijke Philips N.V.
  • Iridex Corporation
  • Lumenis
  • THOR Photomedicine Ltd
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    Middle East and Africa Photomedicine Devices and Technologies Regional Insights

    The geographic scope of the Middle East and Africa Photomedicine Devices and Technologies refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    The List of Companies - Middle East and Africa Photomedicine Devices and Technologies Market

    1. Alma Lasers
    2. Beurer GmbH            
    3. Candela Medical                                                               
    4. Koninklijke Philips N.V.                                                    
    5. Iridex Corporation                                                             
    6. Lumenis                                                                              
    7. THOR Photomedicine Ltd                                                
    Frequently Asked Questions
    How big is the Middle East and Africa Photomedicine Devices and Technologies Market?

    The Middle East and Africa Photomedicine Devices and Technologies Market is valued at US$ 19.03 Million in 2021, it is projected to reach US$ 24.38 Million by 2028.

    What is the CAGR for Middle East and Africa Photomedicine Devices and Technologies Market by (2021 - 2028)?

    As per our report Middle East and Africa Photomedicine Devices and Technologies Market, the market size is valued at US$ 19.03 Million in 2021, projecting it to reach US$ 24.38 Million by 2028. This translates to a CAGR of approximately 3.6% during the forecast period.

    What segments are covered in this report?

    The Middle East and Africa Photomedicine Devices and Technologies Market report typically cover these key segments-

    • Technology (Photodynamic Therapy, Immuno-PDT, Fluorescence-Guided Surgery, Photodynamic Diagnosis, Photobiomodulation, Other Technologies)
    • Application (Aesthetics and Dermatology, Oncology, Ophthalmology, Neurology, Pain Management, Wound Healing, Other Applications)

    What is the historic period, base year, and forecast period taken for Middle East and Africa Photomedicine Devices and Technologies Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Photomedicine Devices and Technologies Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in Middle East and Africa Photomedicine Devices and Technologies Market?

    The Middle East and Africa Photomedicine Devices and Technologies Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Alma Lasers
  • Beurer GmbH
  • Candela Medical
  • Koninklijke Philips N.V.
  • Iridex Corporation
  • Lumenis
  • THOR Photomedicine Ltd
  • Who should buy this report?

    The Middle East and Africa Photomedicine Devices and Technologies Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Middle East and Africa Photomedicine Devices and Technologies Market value chain can benefit from the information contained in a comprehensive market report.

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