Laser Therapy Devices Market Regional Outlook, Trends, Key Companies Profile, CAGR Forecast To 2027

Precision Business Insights published a research report on “Global Laser Therapy Devices Market: By Product (Solid-State Laser, Gas Laser, Liquid Laser, Semiconductor Laser), By Application (Dermatology, Dentistry, Gynaecology, Ophthalmology, Urology and Others), By End User (Hospitals, Ambulatory Surgical centers and Others), By Geography- Global/Region/Country Forecast to 2027".

The global laser therapy devices market is anticipated to witness significant market growth during the forecast period 2021-2027.

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Increase in Cancer Patients will Fuel Global Laser Therapy Devices Market
Global Laser Therapy Devices Market report aims to cover recent industry trends, industry restraining and driving factors, opportunities and detailed view about market performance. Competitive landscape and strategies implemented by key players are also mentioned here. Global laser therapy devices market is attributed mainly due to the increasing use of noninvasive laser therapies in aesthetic treatment. In addition, benefits of laser therapy devices over conventional surgical procedures like no need of opting for surgical procedure and short hospital stay are fostering the demand for laser therapy by healthcare experts and patients too. Moreover, technological developments in laser therapy techniques like cold laser therapy and increasing cases of cancer patients are anticipated to bolster the global laser therapy devices market. But, the possibility of getting cancer because of laser therapies and strict regulatory issues can hamper the market growth over the forecast time span.

Laser Therapy Devices Market – Regional Analysis
Based on regional analysis, laser therapy devices market is classified into different major regions such as Asia pacific, Africa, Europe, Latin America and Middle East. North America is anticipated to witness considerable revenue share in the market due to the increase in adaptation of noninvasive treatments in aesthetics market and launching of the home laser therapy device like LaserCap. Laser therapy devices market in Asia pacific is anticipated to witness profitable growth opportunity due to the adaptation of noninvasive therapies to treat skin illnesses, growing disposable expenses and developing healthcare infrastructure in the region.

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Competitive Assessment
There are several key players operating in the global laser therapy devices market, which include IPG Photonics Corporation (U.S.), Boston Scientific Corporation (U.S.), Coherent, Inc. (U.S.), Lumenis Ltd. (Israel), Hologic Inc. (U.S.), Biolitec AG (Germany), Fotona d.d. (Slovenia), Alma Lasers, Ltd. (Israel), Thermo Fisher Scientific, Inc. (U.S.) and The Danaher Corporation (U.S.). Key players of this market adopt some strategies such as acquisitions, new product launches, mergers, collaborations and new product approvals to retain their place in the market and expand their product collection. For example, Hologic Inc. made an agreement to attain Cynosure, Inc. Such attainment will expand woman health collection of Hologic including more than twenty products along with the laser therapy devices in February 2017. Boston Scientific has attained three men’s health devices from the American Medical systems for $1.6 Bn in August 2015. Light green laser therapy systems are the devices attained for noncancerous enlargement of prostate.

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