Excimer Laser Devices Market Future Growth Forecast 2018-2026 by Global Top Players - Alcon, Inc., Coherent, Inc., NIDEK Co. Ltd., Wavelength Opto Electronic (S) Pte Ltd., Laser 2000 GmbH, AMS Technologies AG, Ziemer Opthalmic Systems AG, and Radiant Dyes

Coherent Market Insights has announced the addition of the “Global Excimer Laser Devices Market Size, Status and Forecast 2026”, The report classifies the Global Excimer Laser Devices Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

An Excimer laser, or exciplex laser, is an ultraviolet form of laser. Excimer laser devices find application in eye surgery, production of microelectronic equipment, micromachining, and manufacturing of semiconductor based integrated circuits or chips. An Excimer laser mainly consists of reactive gases such as fluorine or chlorine coupled with noble gases, including argon, krypton, and/or xenon. Unlike conventional lasers, laser action in an Excimer laser arises from repulsive or dissociative ground state as opposed to being in an excited state. This is due to the fact that noble gases such as krypton and xenon are highly inactive and generally do not form chemical compounds. Nevertheless, when they are in an excited state (induced by a high energy electron beam or an electrical discharge), they can form momentarily bound molecules with themselves known as dimmers or with halogens such as fluorine or chlorine, known as complexes. The compound in its excited state can release its excess energy by undergoing stimulated or spontaneous emission, thereby giving rise to a strongly repulsive molecule in its ground state which dissociates into two unbound atoms on the order of picoseconds. This is the basic functioning of an Excimer laser device.

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The key industrial use of the Excimer lasers is in microelectronic devices and equipment along with ultraviolet photolithography. Excimer lasers have significantly high power ultraviolet output which makes it very useful for surgeries. This is acting as a driving factor for the growth of the Excimer Laser Devices Market. Moreover, Excimer lasers also find its application in research laboratory equipment. Most important applications of Excimer lasers are photolithography for semiconductor chips, laser ablation, micro-structuring of transparent media, pulsed laser deposition, eye surgery, laser marking, psoriasis treatment and dye-laser pumping.

Rising research activities and technological advancements in the area of Excimer lasers, some advanced and innovative lasers have been introduced in the market and they are likely to shape the market in the near future. Advanced Excimer lasers predominantly offer a combination of high pulse energy and short pulse duration in the UV lengths generated. These attributes pool together to offer an exclusive photonics tool mainly used in LTPS or low temperature poly-Si annealing in FPD or flat panel displays, surface hardening in automotive sector, laser deposition in thin film manufacturing, and patterning in packaging markets.

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Rising number of surgeries and high application areas of Excimer lasers will drive the overall Excimer Laser Devices Market

The lifespan of an Excimer laser is mainly limited by gas contamination, corrosion processes, dust produced by electric discharge, apart from high voltage electronics. These are some of the restraining factors that might affect the market negatively during the forecast period. However, varied application areas of Excimer laser devices such as medicine, construction, and semiconductor is likely to encourage the growth of the Excimer Laser Devices Market during the forecast period.

Excimer Laser Devices Market Taxonomy:

On the basis of application:
Coronary Atherectomy
Peripheral Vascular Disease
Removal of Cardiac Leads
Acute Myocardial Infarction and Saphenous Vein Grafts
Removal of Artery blockages

On the basis of end-user:
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Others

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This release was published on openPR.