Medical Laser Market 2023 Segmentation Analysis, Key Players, Industry Share, and Forecast by 2031

Nov 14, 2023

The market analysis of "Medical Laser Market " 2023 covers the regional, global, and company levels, providing a comprehensive overview of this capital-intensive and essential industry that greatly impacts economies worldwide. This in-depth report aims to present extensive research on the global market, highlighting crucial market aspects and suggesting future growth directions based on the findings. It includes historical market values as well as projections for the upcoming year 2031.

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.

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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.

KEY BENEFITS FOR STAKEHOLDERS

? This report provides a detailed quantitative analysis of the current market trends and future estimations from 2019-2026, which assists to identify the prevailing market opportunities.? An in-depth analysis of various regions is anticipated to provide a detailed understanding of the current trends to enable stakeholders to formulate region-specific plans.? A comprehensive analysis of the factors that drive and restrain the growth of the global medical laser market is provided.? An extensive analysis of various regions provides insights that allow companies to strategically plan their business moves.

KEY MARKET PLAYERS– 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.The other players in the value chain (profiles not included in the report)– Quantel laser– Nidek CO., LTD.– Topcon Corporation– DEKA M.E.L.A. S.r.l.– SharpLight Technologies– Sciton, Inc.– Alma Lasers

KEY MARKET SEGMENTSBy Product Type– Solid-State Laser Systemso Holmium Yttrium Aluminum Garnet Laser (Ho:Yag) Systemso Erbium Yttrium Aluminum Garnet Laser (Er:Yag) Systemso Neodymium Yttrium Aluminum Garnet Laser (Nd:Yag) Systemso Potassium Titanyl Phosphate Laser Systemso Alexandrite Laser Systemso Ruby Laser Systemso Q-switch lasers– Gas Laser Systemso CO2 Laser Systemso Argon Laser Systemso Krypton Laser Systemso Metal Vapor (Copper and Gold) Laser Systemso Helium-Neon (He-Ne) Laser Systemso Excimer Laser Systems– Dye Lasers Systems– Diode Laser Systems

By Application– Ophthalmologyo Refractive Error Surgeryo Cataract Surgeryo Glaucoma Surgeryo Others– Dermatologyo Skin Resurfacingo Pigment Treatmento Tattoo Removalo Hair Removalo Others– Gynecologyo Vaginal Rejuvenationo Others– Dentistry– Urologyo Lithotripsyo Tissue Ablation– Cardiovascularo Coronary Artery Diseaseo Ventricular and Supraventricular Arrhythmiaso Hypertrophic Cardiomyopathyo Congenital Heart disease– Others

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By End User– Surgical– Cosmetic– Dental

By Region– North Americao U.S.o Canadao Mexico– Europeo Germanyo Franceo Spaino Italyo UKo Rest of Europe– Asia-Pacifico Japano Indiao Chinao Australiao South Koreao Rest of Asia-Pacific– LAMEAo Brazilo Saudi Arabiao South Africao Rest of LAMEA

The report evaluates the market forces influencing pricing structures and production in the global market, employing two perspectives for analysis: Porter's Five Forces Analysis and the institutional economics framework. It addresses the complexities present at both the global and regional levels, providing insights into major competitors, their market value, and market status. Furthermore, the report delves into market revenues, offering a comprehensive view of the industry landscape.

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Major Points Covered in TOC :

Market Summary: The market summary encompasses six key sections, including the research scope, coverage of major players, market segments by type and application, study goals, and the years considered for analysis.

Market Landscape: This section provides a comprehensive analysis of the global market, examining its value, income, volume, market rate, and the latest trends. Graphs and market share data are used to illustrate the growth and consolidation of the overall industry and highlight the top organizations.

Company Profiles: This segment focuses on the leading players in the global market, evaluating their performance based on sales across different regions, key innovations, net income, cost, and other relevant factors.

Market Status and Outlook by Region: In this segment, the report examines key metrics such as net sales, revenue, production, market share, CAGR, and market size by region. A thorough analysis of the global market is conducted based on regions and countries, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Segment Analysis: This section provides accurate and reliable forecasts regarding the market share of essential segments. It offers insights into the future performance of these segments based on comprehensive analysis.

Market Forecasts: The research analysts provide accurate and validated values of the total market size in terms of value and volume in this section. Additionally, the report includes forecasts related to production, consumption, sales, and other important aspects of the global market.

Market Trends: This section presents a deep dive analysis of recent and future trends in the market, providing valuable insights for market participants.

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