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Chronic Respiratory Diseases Propels Growth Of The Pulmonology Laser Market Driver: Leading Transformation in the Pulmonology Lasers Market in 2025
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The increase in chronic respiratory diseases is expected to drive the pulmonology laser market. Pulmonology lasers are used to treat conditions like airway obstructions or tumors in chronic respiratory disease patients. Factors like air pollution and smoking contribute to the rise in these diseases. According to the Australian Institute of Health and Welfare, in 2024, 2.8 million Australians had asthma, and 638,000 had COPD, further boosting demand for pulmonology lasers.
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What is the projected compound annual growth rate (CAGR) of the pulmonology lasers market from 2025 to 2034, and what factors influence it?
The pulmonology lasers market is set to grow from $5.06 billion in 2024 to $5.56 billion in 2025, at a CAGR of 9.9%. This growth is driven by advancements in laser technology, the development of carbon dioxide lasers, the application of lasers in pulmonology, and improved techniques such as laser bronchoscopy.
The pulmonology lasers market is expected to reach $8.02 billion by 2029, at a CAGR of 9.6%. This growth is driven by clinical effectiveness, miniaturization of laser equipment, regulatory improvements, and the preference for minimally invasive procedures. Trends include precision medicine, immunotherapy research, and cost-effectiveness.
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How are the latest trends influencing the growth of the pulmonology lasers market?
Major companies in the pulmonology laser market are developing next-generation integrated laser technology to improve diagnostic accuracy and therapeutic precision. These systems combine laser devices with advanced software and hardware to increase efficiency and precision in medical treatments. For example, in September 2022, Lumibird Medical, a French company, introduced the Capsulo Nd: YAG laser, which offers enhanced precision and safety for medical professionals, integrating advanced laser technology with precise engineering for minimal thermal damage during procedures.
What are the major segments of the pulmonology lasers market and their role in driving growth?
The pulmonology lasers market covered in this report is segmented -
1) By Type: Neodymium-Doped Yttrium Aluminum Garnet (Nd-YAG Laser), Photodynamic Laser
2) By Indication: Bronchogenic Carcinoma, Malignant Lesions, Benign Tumors, Neoplasms, Hemorrhage, Tracheal Stenosis
3) By End-Users: Specialty Care Centers, Hospitals, Academic Centers, Research Organizations
Subsegments:
1) By Nd-YAG Laser: Continuous Wave Nd-YAG Laser, Pulsed Nd-YAG Laser
2) By Photodynamic Laser: Low-Level Photodynamic Laser, High-Intensity Photodynamic Laser
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Which regions are key players in the growth of the pulmonology lasers market?
North America was the largest region in the pulmonology lasers market in 2024. The regions covered in the pulmonology lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the pulmonology lasers market?
Major companies operating in the pulmonology lasers market are Cynosure Inc., Coherent Corp., Han's Laser Technology Industry Group, IPG Photonics Corporation, HÜBNER Photonics, Lumenis Ltd, Cutera Inc., Lumibird SA, Candela Corporation, Fotona LLC, Sciton Inc., Ellex Medical Pty Ltd, Spectra-Physics Inc., EKSPLA Co, Biolitec AG, Hironic Inc., Alma Lasers Ltd., Bestview Company, Photomedex Inc., Optotek Medical, Optogama UAB, Beijing Hoplaser Lead-Edge Laser Techno. Ltd, Beijing Sincoheren S & T Development Co Ltd, Fisioline Srl, Amada Miyachi
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What Is Covered In The Pulmonology Lasers Global Market Report?
•Market Size Forecast: Examine the pulmonology lasers market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the pulmonology lasers market for a structured understanding.
•Key Players Overview: Analyze major players in the pulmonology lasers market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the pulmonology lasers market.
•Segment Contributions: Evaluate how different segments drive overall growth in the pulmonology lasers market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the pulmonology lasers market.
•Industry Challenges: Identify potential risks and obstacles affecting the pulmonology lasers market.
•Competitive Landscape: Review strategic developments in the pulmonology lasers market, including expansions, agreements, and new product launches.
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