Press release
Global Semiconductor Laser Treatment Market to grow at a CAGR of 11.22% during Forecast period 2016-2020
Albany, NY, April 21, 2017: Medical lasers use focused light sources with precision to treat tissue. A laser light has a specific wavelength in a narrow beam, creating a high-intensity light. The use of lasers in the healthcare sector has proved to be a boon for both the semiconductor and medical industries. Lasers are used in medical treatment areas such as cosmetic dermatology for skin resurfacing, scar revision, tattoo removal, and laser hair removal; lithotripsy; ophthalmology; cancer treatment; dermatology; and general surgery for tissues.The global semiconductor laser treatment market to grow at a CAGR of 11.22% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global semiconductor laser treatment market 2016-2020. To calculate the market size, Technavio considers the revenue generated from the sales of laser devices to the following healthcare segments:
- Aesthetics: Laser-based aesthetic devices cover a range of functions such as pigmentary treatments, acne and rejuvenation applications, and skin tightening.
- Surgical: Lasers in surgical procedures are used to treat skin conditions such as vascular and pigmented lesions and scars.
- Ophthalmic: Ophthalmic lasers are therapeutic and diagnostic devices used in the field of ophthalmology. They are used to treat eye conditions such as tumors, glaucoma, diabetic retinopathy, retinal disorders, cataracts, and vision correction problems.
- Dental: Lasers in dentistry are used in the form of laser-assisted new attachment procedure (LANAP), laser-facilitated wound healing, and laser root planning.
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Technavio's report, global semiconductor laser treatment market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Cutera
- Cynosure
- Lumenis
- Syneron Medical
- Topcon
Other prominent vendors
- Alma Lasers
- Bausch & Lomb
- Body BeneFits
- CoolTouch
- Deka Laser Technologies
- Energist North America
- Ellipse
- Erchonia
- Fotana
- Iridex
- Sciton
Market driver
- Growing awareness of use of lasers treatment in medical aesthetics
- For a full, detailed list, view our report
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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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