Developing a Miniaturized Laser Diode Solution for the Medical Market

According to Pantec Biosolutions AG (Liechtenstein, Europe), the global aesthetic market, which includes skin rejuvenation, is expected to grow from a $4.4 billion market in 2010 to a $7.5 billion market in 2015. Meanwhile, the market for transdermal drug delivery is growing rapidly and is expected to be a multi-billion dollar market by 2015. Designed for medical professionals and consumers, these new devices offer a precise delivery method for a variety of medical applications, such as skin rejuvenation, in-vitro fertilization, and vaccinations.