Overview:
Laser surgery is a type of surgery that uses special light beams instead of instruments, such as scalpels, to perform surgical procedures. Different types of lasers are used during the surgery. Laser light (light beams) can be delivered intermittently or continuously and can also be used with fiber optics for the treatment of areas that are often difficult to access. This type of surgery is minimally invasive and help reduce the risk of infection and promote faster healing.
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Surgical lasers can be used for the treatment of cancer and other diseases. Moreover, they can be used to treat superficial cancer (such as basal cell skin cancer, cervical cancer, penile cancer, vaginal cancer, vulvar cancer, and non-small cell lung cancer) and to destroy or shrink tumors or precancerous growth. Argon lasers, carbon dioxide (CO2) lasers, and neodymium: yttrium-aluminum-garnet lasers are commonly used to treat different types of cancer.
Drivers:
Increasing prevalence of chronic diseases, increasing demand for minimally invasive surgeries or increasing number of surgical procedures, and technological advances in surgical lasers are expected to boost growth of the global surgical lasers market during the forecast period. For instance, as reported by the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), in 2016, the prevalence of chronic kidney disease in the U.S. was around 14%.
Moreover, increasing prevalence of cataract is expected to drive growth of the global surgical lasers market. Lasers, such as ophthalmic lasers, are often used to treat various eye problems. Safe and pain free procedures, low-cost, convenient ophthalmic tools, and significant accuracy has increased the demand for ophthalmic lasers. For instance, as per the U.S. Centre for Disease Control and Prevention (CDC), in 2015, over 20.5 million Americans aged 40 years and older suffered from cataract. This in turn is expected to aid in the growth of the market.
Restraints:
Stringent medical device regulations, high cost of laser therapy, strict safety precautions, and dearth of skilled specialized surgeons is expected to hinder growth of the global surgical lasers market. Surgical lasers must comply with the medical device regulations, as surgical lasers are categorized into medical devices.
Regional Insights:
North America is expected to witness robust growth in the surgical lasers market owing to the increasing prevalence of ocular (eye) diseases and rise in demand for safe & effective treatment in the region. For instance, as reported by the American Academy of Ophthalmology, in 2016, more than 34 million people in the United Stated suffered from myopia.
Asia Pacific is also expected to witness robust significant in the surgical lasers market owing to the increasing number of laser surgeries, increasing prevalence diabetes, and well established healthcare infrastructure in the region. For instance, as reported by the American Academy of Ophthalmology, in 2016, about 23% of people in Asia suffered from diabetic retinopathy.
Competitive landscape:
Major players active in the global surgical lasers market are Abbott Laboratories, Alma Lasers, Lumenis, Biolitec AG, Fotona d.o.o., Boston Scientific Corporation, Bison Medical Co. Ltd., Cynosure, Inc., Spectranetics Corporation, and IPG Photonics Corporation, among others.
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Surgical Lasers Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Surgical Lasers Industry Impact
Chapter 2 Global Surgical Lasers Competition by Types, Applications, and Top Regions and Countries
2.1 Global Surgical Lasers (Volume and Value) by Type
2.3 Global Surgical Lasers (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Surgical Lasers Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Surgical Lasers Market Analysis
Chapter 6 East Asia Surgical Lasers Market Analysis
Chapter 7 Europe Surgical Lasers Market Analysis
Chapter 8 South Asia Surgical Lasers Market Analysis
Chapter 9 Southeast Asia Surgical Lasers Market Analysis
Chapter 10 Middle East Surgical Lasers Market Analysis
Chapter 11 Africa Surgical Lasers Market Analysis
Chapter 12 Oceania Surgical Lasers Market Analysis
Chapter 13 South America Surgical Lasers Market Analysis
Chapter 14 Company Profiles and Key Figures in Surgical Lasers Business
Chapter 15 Global Surgical Lasers Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
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