CO2 Laser Market Share by 2029: Upcoming Trends and Analysis

CO2 laser, invented in 1964, is a high power laser used for cutting through ferrous and non-ferrous metals. CO2 laser is a mixture of various gases like carbon dioxide, nitrogen, helium, xenon and/or water vapor and even hydrogen sometimes. Due to their high power capabilities, CO2 laser are widely used in industrial applications for cutting, engraving, and welding. In 1984, CO2 laser was approved by the U.S. Food and Drug Administration (FDA), making its application in the healthcare industry more mainstream.

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Use of CO2 laser causes less bleeding, less pain and a significantly reduced risk of infection, making it a preferred choice in medical and cosmetic surgeries. CO2 laser is since being used as an incision tool in various surgeries, like dermatology, neurosurgery, otorhinolaryngology, plastic surgery, gynaecology and ophthalmology. Apart from these, CO2 laser also finds applications in military, communications and different manufacturing industries, making it one of the most widely used type of laser in the industry.

Regional Outlook
East Asia region is expected to dominate the global CO2 laser market, owing to the high demand from electronics, semiconductors and manufacturing industries in China, Japan, and South Korea. East Asia is anticipated to grow the fastest in the CO2 laser market, driven by the growing manufacturing sector in India. Europe is also expected to hold a dominant share and grow at a moderate pace in the global CO2 laser market, owing to the maturity in the adoption of CO2 laser in various end use industries. North America is also expected to exhibit similar growth pattern in the CO2 laser market growth.

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CO2 Laser Market: Market Participants
Some of the key market participants identified in the CO2 Laser market across the globe are:
• TRUMPF
• Coherent, Inc.
• FANUC CORPORATION
• Han’s Laser Technology Industry Group Co., Ltd
• El.En. S.p.A.
• LIGHTMACHINERY, INC
• AMTEC
• Epilog Laser
• Control Laser Corporation USA
• Kern Electronics & Lasers, Inc.
• PRC Laser Corporation

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Brief Approach to Research
The research report presents a comprehensive assessment of the CO2 Laser market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to CO2 Laser market segments such as geographies, application and industry.

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