The global medical laser market size was valued at $6,947 million in 2018, and is projected to reach $16,230 million by 2026, growing at a CAGR of 10.8% from 2019-2026.
Laser stands for light amplification by stimulated emission of radiation, which has a specific wavelength creating high-intensity light. The adoption of medical lasers has increased due to its diverse medical applications including ophthalmology, dermatology, urology, cardiovascular, and others. The advantages offer by the medical lasers include reducing blood loss, decreasing postoperative discomfort, reducing the chance of wound infection, and achieving better wound healing.
Major Key Players of the Medical Laser Market are:
IRIDEX Corporation, Lumenis Ltd. , Ellex Medical Lasers Ltd., CryoLife, Inc. , Novartis AG, Koninklijke Philips N.V. , Biolase Inc., Boston Scientific Corporation , Bausch & Lomb Holdings, Inc. , Syneron Medical Ltd.
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There is an increase in the demand for medical lasers, owing to rise in incidence of eye disorders due to growth in aged population, increase in number of patients using advanced laser-based treatments globally, and surge in importance of aesthetic laser procedures. However, stringent safety regulations and high rate of failure of laser-based surgical procedure restrain the market growth. On the contrary, increase in demand for laser treatment in the emerging countries are expected to offer lucrative opportunities for the global medical laser market players.
The Medical Laser Market is segmented on the basis of Type, Applications and region.
Major Types of Medical Laser Market covered are:
- Solid-State Laser Systems
- Holmium Yttrium Aluminum Garnet Laser (Ho:Yag) Systems
- Erbium Yttrium Aluminum Garnet Laser (Er:Yag) Systems
- Neodymium Yttrium Aluminum Garnet Laser (Nd:Yag) Systems
- Potassium Titanyl Phosphate Laser Systems
- Alexandrite Laser Systems
- Ruby Laser Systems
- Q-switch lasers
- Gas Laser Systems
- CO2 Laser Systems
- Argon Laser Systems
- Krypton Laser Systems
- Metal Vapor (Copper and Gold) Laser Systems
- Helium-Neon (He-Ne) Laser Systems
- Excimer Laser Systems
- Dye Lasers Systems
- Diode Laser Systems
Major Applications of Medical Laser Market covered are:
- Ophthalmology
- Refractive Error Surgery
- Cataract Surgery
- Glaucoma Surgery
- Others
- Dermatology
- Skin Resurfacing
- Pigment Treatment
- Tattoo Removal
- Hair Removal
- Others
- Gynecology
- Vaginal Rejuvenation
- Others
- Dentistry
- Urology
- Lithotripsy
- Tissue Ablation
- Cardiovascular
- Coronary Artery Disease
- Ventricular and Supraventricular Arrhythmias
- Hypertrophic Cardiomyopathy
- Congenital Heart disease
- Others
Research objectives:-
– To study and analyze the global Medical Laser consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Medical Laser market by identifying its various sub-segments.
– Focuses on the key global Medical Laser manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Medical Laser with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Medical Laser Market Size
2.2 Medical Laser Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Medical Laser Market Size by Manufacturers
3.2 Medical Laser Key Players Head office and Area Served
3.3 Key Players Medical Laser Product/Solution/Service
3.4 Date of Enter into Medical Laser Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Medical Laser Sales by Product
4.2 Global Medical Laser Revenue by Product
4.3 Medical Laser Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Medical Laser Breakdown Data by End User
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In the end, Medical Laser industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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