The varied number of applications of medical lasers will fuel the Medical Laser Market

The research report "Medical Lasers Market: By Product Type (Solid-state Laser Systems, Gas Laser Systems, Diode Laser Systems, and Dye Laser Systems), By Application (Dentistry, Urology, Cardiovascular, Ophthalmology, Dermatology, Gynecology, and Others), By Distribution Channel (Hospitals, Cosmetic Clinics, and Others), and Geography- Global/Region/Country Forecast to 2028." The global medical lasers market size was valued at USD 5.2 Bn in the year 2021, witnessing a CAGR rate of 14.2% during the forthcoming years 2021-2028.

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Growing adoption of the new treatment procedures is accelerating the Medical Lasers Market
The term laser stands for the light amplification by stimulated release of radiation. Medical lasers refer to the medical devices, which make use of accurately focused light sources in removing of treating tissues. Laser light has a specific wavelength and has a narrow beam, which creates a high-intensity light. Since the laser light focuses precisely, it may be used in precise surgical work. One of the major factors lead towards the medical lasers market growth is the technological developments. Growing consciousness about modern treatment procedures amid people and increasing incidence of eye-related disorders are the import factors accelerating the market growth. Sensus Healthcare has introduced a Sensus Laser Systems in March 2018 which includes applications for skin rejuvenation, hair and tattoo removal, pigmentation and acne lesion correction.

There are a few more factors such as increase in the affordability of laser procedures and growing adoption of the novel treatment procedures fuelling the market growth. For example, there were almost 1.8 million cosmetic surgical procedures and 15.5 million cosmetic minimally invasive procedures performed in the year 2015 and nearly 1.1 million laser hair removal procedures were performed all around the globe as per American Society of Plastic Surgeons. Further growth is anticipated over the evaluation time span due to its varied number of applications. But, the high failure rate of laser-based surgical procedures and the strict safety rules may hampers the market growth.

North America accounted for significant share in the Medical Lasers Market
Geographically, global medical lasers market is classified into leading regions including Latin America, North America, Middle East, Africa, Europe and Asia Pacific. North America lasers market witnesses leading share if compared with other regions. Growing consciousness amid people about the modern treatment options and the developments in the technology is boosting the market growth in this region. Growing adoption of novel treatment options is estimating the medical laser market growth in the region. Asia Pacific and Europe are also anticipated to witness a considerable rate over the evaluation time span due to the availability of huge untapped market.

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Competitive Market - Medical Lasers Market
There are a few key players working in the medical lasers market are Lumenis Ltd. (Japan), IRIDEX Corp. (U.S), Novadaq Technologies, Inc. (Canada), Spectranetics Corporation (U.S), Syneron-Candela (U.S) and Alcon Laboratories, Inc. (U.S). Key players in the market focus on following effective strategies.

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