The global “Medical Lasers Market” will witness considerable growth due to growing applications of medical lasers in surgical procedures. According to a report published by Fortune Business Insights, titled “Medical Lasers: Global Market Analysis, Insights and Forecast, 2019-2026,” the market was valued at US$ 3,778.9 Mn in 2018. Fortune Business Insights has predicted that the market will reach US$ 12,327.8 Mn by 2026, thereby exhibiting a CAGR of 15.9%.
The ability of medical lasers to treat damaged or targeted tissues, through a minimally invasive procedure, has led to a huge demand across the world. Medical lasers possess the ability to diagnose and treat several diseases, which in turn will lead to a rising adoption across the world. The use of laser radiation comes with certain challenges; recent scientific advancements will favor the growth of the global medical lasers market in the forthcoming years. Resulting from the high demand, there have been numerous technological advancements in the manufacture of these equipment and this, according to Fortune Business Insights will constitute an increase in the global medical lasers market value in the forthcoming years. Growing applications of medical lasers have led to numerous clinical trials, which in turn has aided the growth of the global medical lasers market in recent years. The report focuses on several factors that have accounted for the growth of the global medical lasers market in the coming years.
Key Players Operating in The Medical Lasers Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- En. S.p.A.,
- Lumenis,
- Fotona,
- Ellex Medical Lasers Ltd.,
- BIOLASE, Inc.,
- Sisram Medical Ltd.,
- IRIDEX Corporation,
- CANDELA CORPORATION,
- Topcon Corporation.
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Increasing Product Launches Will Prove Chief Growth Driver
The rising adoption of medical lasers across diverse applications has encouraged companies to come adopt standout business strategies. Due to the presence of several medical lasers market companies, it is becoming difficult to establish a strong presence without product differentiation and this has sparked several product innovations. The report highlights a few of the noteworthy medical lasers market products that have contributed significant growth of the market in recent years. In May 2018, OmniGuide Surgical announced the launch of a new medical laser system, aimed at initiating enhanced surgical procedures. The company announced the commercial release of its C-LAS line of the Sight CO2 laser system. Fortune Business Insights predicts that this product will help OmniGuide generate a substantial medical lasers market revenue. Additionally, Fortune Business Insights states that OmniGuide’s latest product will have a positive impact on the growth of the global medical lasers market in the forthcoming years.
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Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Technological Advancements
- New Product Launch, By Key Players
- Detailed Product Portfolio, By Key Players
- Pricing Analysis, By Key Players
- Overview of Laser Surgical Procedures, By Key Regions
- Key Mergers & Acquisitions, By Key Players
- Global Medical Lasers Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Type
- Surgical Lasers
- Dental Lasers
- Aesthetic Lasers
- Others
- Market Analysis, Insights and Forecast – By Product
- Laser Systems
- Consumables
- Market Analysis, Insights and Forecast – By End User
- Hospitals
- Speciality Clinics
- Market Analysis, Insights and Forecast – By Country
- North America
- Europe
- Asia pacific
- Latin America
- Middle East & Africa
- North America Medical Lasers Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Type
- Surgical Lasers
- Dental Lasers
- Aesthetic Lasers
- Others
- Market Analysis, Insights and Forecast – By Product
- Laser Systems
- Consumables
- Market Analysis, Insights and Forecast – By End User
- Hospitals
- Speciality Clinics
- Market Analysis, Insights and Forecast – By Country
- S.
- Canada
- Europe Medical Lasers Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Type
- Surgical Lasers
- Dental Lasers
- Aesthetic Lasers
- Others
Continued…
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Report Focus:
- Extensive product offerings
- Customer research services
- Robust research methodology
- Comprehensive reports
- Latest technological developments
- Value chain analysis
- Potential Medical Lasers Market opportunities
- Growth dynamics
- Quality assurance
- Post-sales support
- Regular report updates
Reasons to Purchase this Report:
- Comprehensive analysis of the Medical Lasers Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
KEY QUESTIONS ANSWERED:
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the market for selective countries?
- Which region or sub-segment is expected to drive the market in the forecast period?
- What Factors are estimated to drive and restrain the Medical Lasers Market growth?
- What are the key technological and market trends shaping the market?
- What are the key opportunities in the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
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