Tue. Aug 20th, 2019

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Photobiostimulation Devices Market Key Players Bioflex Laser Therapy, Ingeneus Pty. Ltd., LumiWave, and Biolight Technologies

3 min read

Photobiostimulation therapy is also known as low-level light therapy (LLLT). Photobiostimulating devices are used for reducing pain, inflammation, and edema, promoting the healing of wounds, deeper tissue, and nerves, and preventing tissue damage. Modern photobiostimulation devices use LEDs to produce light of the required wavelength to achieve specific results. The predominant principle on which photobiostimulation devices work is that, light works on a protein in the mitochondria of the cell, which results in increased ATP and reduced oxidative stress. A cascade of intracellular processes finally results in improved tissue and reduced inflammation.

There are many types of photobiostimulation devices. They can be categorized based on the wavelength they emit. The most common types of photobiostimulation devices are the ones that have LEDs that emit infrared and red light. Some of the other lights include yellow and blue lights that significantly have applications in beauty therapy. However, these wavelengths are not broadly studied as that of infrared and red.

A number of small- and medium-sized companies dominate the market, since regulations for the manufacturing of photobiostimulation devices are quite lenient. Some of these companies include Thor Photomedicine Ltd, Bioflex Laser Therapy, Ingeneus Pty. Ltd., LumiWave, and Biolight Technologies.

Factors Driving the Growth of the Photobiostimulation Devices Market

Factors such as the increasing trend of non-invasive treatment alternatives, increasing number of patients experiencing chronic pain, and the need for cheaper treatment options are driving the growth of the photobiostimulation devices market. However, although the treatment using photobiostimulation devices is FDA approved, the regulations governing the manufacturing of these devices are relatively lenient, resulting in a number of inferior quality products in the market. Furthermore, there are a number of counterfeit products available in the market, which is hindering the overall growth of the photobiostimulation devices market.

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Use of Infrared Light Photobiostimulation Devices

Infrared light photobiostimulation devices have shown positive results for increasing vascularization, deep thermal increase, increase in oxygenation, stimulation of the synthesis of new collagen, and improvement in skin elasticity. Photobiostimulation devices that emit infrared light are commonly used in some of the pain management clinics and are well-studied for wound healing.

Photobiostimulation Devices in Diabetic Foot Ulcers (Wound Healing)

Photobiostimulation devices aim to accelerate wound healing and reduce the incidences of infection in diabetic foot ulcers. Especially since there is no particular treatment for diabetic foot ulcers, and the condition generally results in infections and complications that lead to amputation, photobiostimulation devices are effective for the treatment. Photobiostimulation devices emit light that stimulates vascularization and internal heat, resulting in the faster recovery of wounds. The added advantage of using photobiostimulation devices is that, they are non-invasive in nature and easy to use.

Key Data Points Covered in the Report

The report covers exhaustive analysis on:

  • Photobiostimulation Devices Market by Product Type, Distribution Channel, and Region
  • Regional level market analysis of North America, Latin America, Europe, Asia Pacific, China & Middle East & Africa by Product Type, Distribution Channel, and Country Segments
  • Photobiostimulation Devices Market Dynamics & Opportunity Assessment
  • Historical Market Size, 2013-2017
  • Photobiostimulation Devices Market Size & Forecast, 2018-2026
  • Photobiostimulation Devices Current Trends/Opportunities/Challenges
  • Competition & Key Companies Involved

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Report Highlights:

  • Shifting industry dynamics
  • In-depth market segmentation
  • Key competition landscape, market structure and regulatory scenario
  • Regional healthcare outlook, per-capita healthcare expenditure
  • Key players and product offerings, sales, marketing, and channel strategies
  • Regional and channel footprint
  • A neutral perspective towards market performance in terms of market value

Market Segmentation

Market by Type

  • Infrared Light
  • Red Light
  • Others

Market by Application

  • Pain Management
  • Wound Care
  • Cosmetic Applications
  • Other Applications

Market by End User

  • Specialty Clinics
  • Research Institutions
  • Home Care

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