Insights on the Global Nd: YAG Laser Market to 2019 | Industry Statistics, Emerging Demands, Forecast to 2025

The global Nd: YAG laser market is expected to grow at a CAGR of around 4.3% over the forecast period. Nd: YAG (neodymium-doped yttrium aluminum garnet) is a crystal that is used as a lasing medium for solid-state lasers. The laser is most commonly used to treat posterior capsular opacification after cataract surgery and to create a peripheral iridotomy in patients with narrow angles or angle-closure glaucoma. The factor that enhances the growth of the Nd: YAG laser market includes rising demand for high power pulsed laser welding technology in broad range of industries including automotive and metal processing.

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Along with this, there are variety of applications it is utilized in, which includes treatment of posterior capsular opacification after cataract surgery and creating a peripheral iridotomy in patients with narrow angles or angle-closure glaucoma. YAG lasers are also used to cut the anterior capsule for capsular block syndrome and capsular phimosis. Additionally, it is used for cutting vitreous strands in the anterior chamber. Thus, such range of applications is likely to fuel the growth of the Nd: YAG laser market during the forecast period.

Amplitude Technologies SA, Astanza Laser LLC, Coherent Inc., Continuum Lasers, EKSPLA, Litron Lasers Ltd., LOTIS TII, Quantel Group, and Spectra-Physic among others are the key manufactures that encourages the global Nd: YAG Laser market growth. These market players are considerably contributing to the global Nd: YAG Laser market growth by the adoption of various growth strategies including new product launch, merger, and acquisition, collaborations with government, and technological advancements to stay competitive in the global Nd: YAG Laser market.

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Global Nd: YAG Laser Market Segmentation

By Type

· Pulsed Nd: YAG Lasers

· Continuous wave Nd: YAG Lasers

By Applications

· Aerospace and Military

· Healthcare

· Industrial

· Military

· Others

Regional Analysis

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

Company Profiles

· Amplitude Technologies SA

· Astanza Laser LLC

· Coherent Inc.

· Continuum Lasers

· EKSPLA

· Litron Lasers Ltd.

· LOTIS TII

· Quantel Group

· Spectra-Physics, a MKS Instruments Light & Motion division

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