Global Urology Laser Market, Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Urology Laser Market” is a recently produced report by MarketResearch.biz. Important information such as deep insights, revenue details about the global urology laser market, along with several restraints, trends, opportunities, drivers, and threats are included in the report in detail. Detailed information and data on key players including financials and revenues, strategies, market footprint, acquisitions & mergers, and key developments are also included in the report. The global urology laser market report has been segmented based on laser type, application, and region.
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 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 minimally invasive surgeries and in lasers have increases its hope in various applications in urology. Application of lasers outdated open urology surgeries. The use of laser in urological interventions have 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.
The major factors driving growth of the global urology laser market are 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 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.
Global 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.
By Application: The urolithiasis segment has been gaining traction among the application segments, which is attributed to growing number of patients who are suffering from stony concretions in bladder and urinary tract.
Global Urology Laser Market Regional Analysis:
The market in North America is expected to register highest revenue share over the global urology laser market over the forecast period. This growth can be attributed to growing number of patients with different urology-related disorders including urolithiasis and Benign Prostatic Hyperplasia (BPH).
Global 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
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Boston Scientific Corporation
- Cook Medical
- OmniGuide Holdings, Inc.
- Allengers Medical Systems Limited
- R. BARD Inc.
- Surgical Lasers Inc.
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