The global oncological phototherapy market size reached USD 165.4 Million in 2022 and is expected to register a revenue CAGR of 8.0% during the forecast period, according to the latest analysis by Emergen Research. Increasing prevalence of cancers and rising demand for minimally non-invasive technology are some of the key factors driving revenue growth of the market over the forecast period. The National Board of Health and Welfare reports that the Cancer Registry in the U.S. received reports of 68,318 malignant tumors for 62,555 individuals in 2020. The number of individuals with a cancer diagnosis was significantly larger than the number of cancer-related fatalities.

The report considers COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

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Key companies operating in the Oncological Phototherapy market include:

NeoMedLight, Biolitec AG, Steba Biotech, Theralase Technologies Inc, Modulight Corporation, Soligenix, Sun Pharmaceutical Industries Ltd., Simphotek Inc., Biofrontera Inc., and Lightox Ltd

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Oncological Phototherapy market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

  • Comprehensive analysis of the competitive scenario and its changing dynamics
  • Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
  • In-depth 8-year analysis of the Global Oncological Phototherapy Market
  • Critical understanding of the key market segments
  • Comprehensive analysis of the drivers, restraints, trends, and opportunities
  • Detailed regional analysis and extensive company profiling
  • Extensive assessment of current and emerging trends of the market

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Oncological Phototherapy Market Segmentation:

  • Application Outlook (Revenue, USD Million; 2019-2032)

    • Skin Cancer
    • Lung Cancer
    • Esophageal (throat) Cancer
    • Others
  • End-use Outlook (Revenue, USD Million; 2019-2032)

    • Hospitals
    • Specialty Clinics
  • Regional Outlook (Revenue, USD Million; 2019–2032)

    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. U.K.
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. U.A.E.
      3. South Africa
      4. Turkey
      5. Rest of MEA

 

Oncological Phototherapy Market Segmentation by Regions:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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