Global Urology Laser Market, Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
Urology Laser Market Report includes Important information such as deep insights, and revenue details about the global urology laser market, along with several restraints, trends, opportunities, drivers, and threats.
Detailed information and data on key players including financials and revenues, strategies, market footprint, acquisitions & mergers, and key developments are also included in the Urology Laser Market report.
The global urology laser market report has been segmented based on laser type, application, and region.
Urology Laser Market Overview:
“The Urology Laser Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
From the day lasers were introduced in clinical application, they have become an integral part of numerous minimally invasive surgeries. Lasers are more explored by applications in urological interventions. Laser is known as an abbreviation of light amplification done by Stimulated Emission of Radiation.
It includes the emission of monochromatic light of a specific wavelength. When it is emitted on a tissue, its photo-thermal and photomechanical effects normally result in coagulation or vaporization.
Different types of materials are applied as light sources including crystals, dye, gases, and semiconductors.
The kind of light-emitting laser or source, therapy duration, and wavelength are major criteria, which decide application area and laser selection.
In order to provide treatment and manage different conditions including urinary calculi, prostatic hyperplasia, tumors, and stricture, lasers are widely used in various urology aspirations. Technological advancements in minimally invasive surgeries and in lasers have increased their hope in various applications in urology.
Application of lasers outdated open urology surgeries. The use of laser in urological interventions has made the post procedures less complicated. In the urology interventions using lasers, both holmium and thulium systems are used, which makes the treatments highly successful.
Urology Laser Market Dynamics:
The major factors driving the growth of the global urology laser market are the growing number of patients related to urology disorders, technological advancements, and increasing preferences from patients for minimally-invasive surgeries.
Increasing Adoption of invasive surgical techniques in thulium laser treatment systems as well as holmium systems is another factor expected to further drive the growth of the market over the forecast period.
these systems generally offer numerous advantages including greater safety, effectiveness, and quick recovery, which increased the demand for these thulium and holmium systems.
Se of these systems reduce side effects of the treatments and offer advantages including quicker recovery, shorter hospital stays, lower overall body pain, and reduction in blood loss.
All these factors are projected to further drive demand for urology lasers in the global market over the forecast period, especially the safety characteristics and effectiveness of these systems.
Attributed to increasing incidences of urological disorders such as bladder cancer, urolithiasis, prostate diseases, and urinary calculi, demand for urology lasers is projected to increase in the global market over the forecast period.
In addition, the high percentage of success in treatments using urology laser in various urological interventions globally is expected to further drive demand for the product in the global urology laser market over the forecast period.
Urology Laser Market Segment Analysis:
By Laser Type:
Among the laser type segments, the holmium laser systems segment is projected to account for the majority revenue share in the global urology laser market and is expected to continue over the forecast period.
This growth of the segment is attributed to its special modalities and minimally invasive surgical technique.
The urolithiasis segment has been gaining traction among the application segments, which is attributed to the growing number of patients who are suffering from stony concretions in the bladder and urinary tract.
Urology Laser Market Regional Analysis:
The market in North America is expected to register the highest revenue share over the global urology laser market over the forecast period. This growth can be attributed to the growing number of patients with different urology-related disorders including urolithiasis and Benign Prostatic Hyperplasia (BPH).
Urology Laser Market Segmentation:
By Laser Type:
- Holmium Laser System
- Diode Laser System
- Thulium Laser System
- Benign Prostatic Hyperplasia (BPH)
- non-muscle-invasive Bladder Cancer (NMIBC)
- 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
- Boston Scientific Corporation
- Cook Medical
- OmniGuide Holdings, Inc.
- Allengers Medical Systems Limited
- R. BARD Inc.
- Surgical Lasers Inc.
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