Medical Laser Market Size, Scope, Growth Opportunities, Trends by Manufacturers and Forecast to 2030

The global medical laser market was pegged at ~US$ 3.9 billion in 2021. The global medical laser market is expected to witness a CAGR of ~15.20 % from 2022 to 2030.

Medical lasers treat or remove tissues by directing a high-wavelength light source in a single direction. A laser can cause transmission, scattering, reflection, re-emission, and absorption when it strikes human tissue. The laser reduces the risk of inflammation and bleeding during the surgical procedure. Medical lasers are applied in dermatology and plastic surgery, wound healing, nerve stimulation, dentistry, cancer therapy, and ophthalmic surgeries. Diode lasers have been used extensively in many surgical procedures, including soft tissue cutting, coagulation, and thermal cancer therapy. There are several photosensitizers available in wavelengths that correspond to laser absorption.

Increasing chronic kidney disease (CKD) and nephrolithiasis incidences fuel the global medical laser market. According to the World Kidney Organization 2020, chronic kidney disease currently affects approximately 850 million people worldwide. The global burden of CKD is rising, and it is expected to become the fifth leading cause of years of life lost by 2040. Chronic kidney disease is a significant source of unanticipated healthcare costs. According to the National Kidney Foundation, more than half a million people go to emergency rooms for kidney stone problems each year. One in ten people will have a kidney stone at some time in their lives. The increasing burden of kidney stones fuels the demand for a laser lithotripsy procedure.

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Key Players

• Alcon Laboratories Inc.
• American Medical Systems Inc.
• AngioDynamics Corp.
• Bausch & Lomb Holdings
• Biolase Inc
• CANDELA CORPORATION
• Cardiogenesis Corporation Inc.
• Cynosure Inc.
• El.En. S.p.A.
• Ellex Medical Lasers Ltd.
• IRIDEX Corporation

Medical Laser Market by Product Type

• Solid-State Laser Systems
• Gas Laser Systems
• Dye Lasers Systems
• Diode Laser Systems

By Application

• Ophthalmology
• Dermatology
• Gynecology
• Dentistry
• Urology
• Cardiovascular

Key Reasons to Purchase:

(1) To gain insightful analyses of the market and have a comprehensive understanding of the global market and its commercial landscape.

(2) Assess the production processes, major issues, and solutions to mitigate the development risk.

(3) To understand the most affecting driving and restraining forces in the Medical Laser Market and its impact in the global market.

(4) Learn about the market strategies that are being adopted by leading respective organizations.

(5) To understand the outlook and prospects for the market.

Key Questions Answered in the Report Include:

(1) This report gives all the information about the industry analysis, revenue, and overview, of this market.

(2) What will be the rate of increase in market size and growth rate by the end of the forecast period?

(3) What are the major global Medical Laser Market trends influencing the development of the market?

(4) What are the vital results of SWOT analysis of the major players operating in the Medical Laser Market?

(5) What are the potential growth opportunities and threats faced by Major competitors in the market?

TOC of Medical Laser Market

1 Scope of the Report

1.1 Market Ecosystem
1.2 Geographic Scope
1.3 Timeline Under Consideration
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered

2 Medical Laser Market Executive Summary

2.1 World Market Overview
2.1.1 Global Market Size 2022-2030
2.1.2 Market Size CAGR by Region 2020 VS 2028

2.2 Medical Laser Market Segment by Type

2.2.1 Type 1
2.2.2 Type 2

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Manan Sethi
Director, Market Insights
Email: enquire@growthplusreports.com
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