IMARC Group’s latest research report, titled “Medical Lasers Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on global medical lasers market share.
The global medical lasers market reached a value of US$ 3.70 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 7.01 Billion by 2027, exhibiting a CAGR of 10.80% during 2022-2027. Medical lasers are devices that remove or treat tissues via precisely focused light sources. They rely on non-ionizing radiation to decrease postoperative discomfort, reduce blood loss, and minimize the chances of wound infection. Medical lasers are classified into various types, including surgical, dental, cosmetic, etc. They aid in bio-sensing, bio-imaging, cancer therapy, drug delivery, etc. Medical lasers also assist in tumor and cataract removal, plastic surgeryZ, breast surgery, and other surgical procedures. As a result, they find extensive utilization in hospitals, specialty clinics, ambulatory surgical centers, etc., across the globe.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by type, product type, application and end user.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Medical Lasers Market
- Strategies of major players and product offerings
The escalating need for minimal and non-invasive procedures to enhance clinical outcomes is primarily driving the medical lasers market. Besides this, the elevating awareness among individuals about aesthetic procedures, such as body contouring, acne prevention, dermal resurfacing, etc., is further augmenting the market growth. Apart from this, the increasing usage of medical lasers owing to minimal incisions, less pain, and faster recovery across countries is also catalyzing the global market. In addition to this, the growing popularity of laser-assisted devices that support advanced treatments in healthcare facilities with reduced risk of post-procedural complications is acting as another significant growth-inducing factor. Moreover, the launch of favorable policies by government bodies to promote medical tourism is also positively influencing the product demand. Furthermore, the expanding research and development (R&D) activities aimed at the introduction of new and advanced economical devices for body fat reduction are expected to bolster the medical lasers market in the coming years.
Key Players Included in Global Medical Lasers Market Research Report:
- Artivion Inc.
- Bausch Health Companies Inc.
- BIOLASE Inc.
- Boston Scientific Corporation
- Cutera Inc.
- Ellex Medical Lasers (Lumibird Medical)
- IRIDEX Corporation
- Koninklijke Philips N.V.
- Lumenis Ltd.
- Novartis AG
- PhotoMedex Inc. and Syneron Medical Ltd.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
Breakup by Type:
- Surgical
- Cosmetic
- Dental
- Others
Breakup by Product Type:
- 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
- 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
Breakup by Application:
- Ophthalmology
- Cardiovascular
- Dermatology
- Gynecology
- Dentistry
- Urology
- Others
Breakup by End User:
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the Medical Lasers Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Medical Lasers Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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