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 Global Oncological Phototherapy Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Oncological Phototherapy Market studies the market scenario to offer growth projections for the Oncological Phototherapy industry for the forecast period of 2020-2027. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.
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Competitive Outlook: The leading companies operating in the Oncological Phototherapy market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Oncological Phototherapy Market and Profiled in the Report are:
NeoMedLight, Biolitec AG, Steba Biotech, Theralase Technologies Inc, Modulight Corporation, Soligenix, Sun Pharmaceutical Industries Ltd., Simphotek Inc., Biofrontera Inc., and Lightox Ltd
Objectives of the Report:
Study of the global Oncological Phototherapy market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Oncological Phototherapy market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Oncological Phototherapy market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Oncological Phototherapy market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
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
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Turkey
- Rest of MEA
- North America
Regional Analysis:
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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