Global Surgical Lasers Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
Global Surgical Lasers Market Overview
The global surgical lasers market was valued at US$ X billion in 2016 and is expected to reach US$ X billion over the forecast period at a CAGR of X%.
A laser is a device that emits light through a process of optical amplification based on the stimulated emission of electromagnetic radiation. Lasers are used to treat bleeding blood vessels or to remove diseased tissues instead of opting for surgery. The laser beam is focused on a damaged cell and heats it up till it is destroyed without harming or damaging healthy or normal tissue. Lasers are also used to cut, vaporize, or shrink tumors so as to decrease the spreading of tumor cells. In addition, laser surgery is used to seal blood vessels and close nerve endings to control blood loss and reduce postoperative pain. There are several types of laser beams, with each having different wavelengths and applications. The wavelength of the laser beam depends on the tissue to be treated and by the type of surgery to be performed.”
The growth of the global surgical laser market is driven by the increasing global population, and the rising prevalence of chronic diseases such as cancer, tumors, cardiovascular, and ophthalmic disorders. Technological advancements in the global surgical laser market have made surgical lasers operation nominally invasive and less time-consuming as compared to other surgical procedures. In addition, surgical lasers only target the affected area and do not damage or affect other areas of the body. Furthermore, unlike traditional surgery, laser surgery does not leave scars or require sutures post the process.
The increasing adoption of surgical lasers to treat ophthalmic disorders is fueling the growth of the global surgical lasers market. An increasing number of cosmetic surgeries to remove moles, and control the appearance of white wrinkles, warts, and tattoos is also contributing to the overall growth of the global laser market.
Despite being accepted globally, the high procedural cost is a major factor hampering the growth of the global surgical laser market. Safety concerns regarding laser procedures among patients are another factor impacting the growth of the global surgical laser market.
North America dominates the global surgical lasers market in terms of revenue and is projected to maintain its dominance during the forecast period, followed by Europe. The availability of technologically advanced laser surgery machines and medical reimbursement schemes for patients are factors driving the growth of the surgical lasers market in North America.
Among the various regional markets, Asia Pacific is expected to register rapid growth in the surgical laser market owing to increasing awareness among healthcare professionals regarding the procedural benefits of performing laser surgery over the traditional surgery procedure.
Global Surgical Lasers Market Segmentation:
Segmentation on basis of laser type:
- Carbon Dioxide
- Diode Lasers
Segmentation on basis of procedure:
Segmentation on basis of application
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Cynosure Inc.
- Abbott Laboratories, Inc.
- Boston Scientific Corporation
- Spectranetics Corporation
- Biolitec AG
- BISON MEDICAL Co. Ltd
- Alma lasers
- Sharp light Technology
- Syneron Medical Ltd.
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