The global Medical Laser Systems market garnered revenue around USD 2.1 Billion in 2019 and projected to reach USD 8.3 Billion in 2027, with at a compound annual growth rate (CAGR) 13.8% throughout the estimate period from 2020 to 2027. A medical laser system uses laser technology in medical treatments, diagnosis, and other medical therapies. Medical laser systems use light sources for the treatment of various indications. The laser utilizes narrow wavelengths, thereby emitting coherent light, which helps in performing efficient minimal invasive surgical procedures. Different types of medical laser systems available in the market are solid-state lasers, gas lasers, fiber lasers, diode lasers, femtosecond lasers, hydrogen lasers, nitrogen lasers, metal vapor lasers, and others.
North America dominated the global medical laser systems market in 2019 and the trend is anticipated to continue during the forecast period. The region’s dominance can be ascribed to the presence of key players, technological advancement, rise in burden of patient population with chronic surgeries, increase in demand for minimal invasive procedures, access to advanced surgical procedures, and surge in awareness about innovative medical laser systems.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Medical Laser Systems market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Medical Laser Systems market growth.
The global Medical Laser Systems market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
Key players operating in the global medical laser systems market include LASOS Lasertechnik GmbH, Fujikura Ltd., Modu-Laser, Zeiss, BIOLASE, Inc., Alcon, IRIDEX Corporation, Candela Corporation, Cynosure, Lumenis, and Bausch & Lomb.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global Medical Laser Systems Market: Segmentation
- Medical Laser Systems Market, by Product Type
- Gas Lasers
- CO2 Lasers
- Argon Lasers
- Excimer lasers
- Others
- Solid-state Lasers
- Nd: YAG
- Ho: YAG
- Er: YAG
- Dye Lasers
- Fiber Lasers
- Diode Lasers
- Femtosecond Lasers
- Others
- Medical Laser Systems Market, by Application
- Ophthalmology
- Cosmetic/Dermatology
- Dentistry
- Cancer Therapy
- Cardiovascular
- Others
- Medical Laser Systems Market, by End User
- Hospitals
- Ambulatory Surgical Centers
- Specialized Clinics
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
- North America
- Europe
- Germany
- United Kingdom
- Italy
- France
- Rest of EU
- Asia Pacific
- China
- India
- Japan
- Southeast Asia
- Rest of APAC
- Central & South America
- Brazil
- Argentina
- Rest of Central & South America
- Middle East and Africa
- UAE
- Saudi Arabia
- Rest of MEA
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