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Global Medical Laser Systems Market $4.7 Billion by 2027

The global market for medical laser systems to attain nearly $4.7 billion by 2027, growing at a CAGR of 9.5% over the forecast period, driven by its wide range of applications in ophthalmology, lithotripsy, diagnosis and treatment of various cancers, as well as dermatological and cosmetic procedures.

  • As laser technology continues to improve in precision and safety, their applications in medicine are sure to expand to continue providing safer outcomes, more optimal clearance of disease, and improved patient satisfaction.
Global Medical Laser Systems Market

In modern medicine, lasers are increasingly utilized for treatment of a variety of pathologies as interest in less invasive treatment modalities intensifies. 

  • The construction of new laser systems emitting energy at different wavelengths or with different duration, as well as the development of new concepts of the biomedical effects, led to its broad use in surgery procedures. 
    • The characteristics of the delivery systems can be determined looking at beam properties, transmission and thermal properties.
  • As minimally invasive techniques are continually being sought out for the treatment of different pathological processes, the use of lasers has become increasingly popular.
    • In addition to their practical usefulness in the operating room, lasers have a wide range of applications in surgery, ablation, lithotripsy, cancer treatment, tumor ablation, dermatology, skin rejuvenation, lipolysis, cardiology, atrial fibrillation (AF), and epilepsy.

Lasers are used in many types of surgical procedures, where some examples include

  • Cosmetic surgery (to remove tattoos, scars, stretch marks, sunspots, wrinkles, birthmarks, spider veins or hair)
  • Refractive eye surgery (to reshape the cornea in order to correct or improve vision as in LASIK or PRK)
  • Dental procedures (such as endodontic/periodontic procedures, tooth whitening, and oral surgery)
  • General surgery (such as tumor removal, cataract removal, breast surgery, plastic surgery and most other surgical procedures)

For example, laser energy can be safely and effectively used for lithotripsy, for the treatment of various types of cancer, for a multitude of cosmetic and reconstructive procedures, and for the ablation of abnormal conductive pathways.

  • Lasers are currently being safely used for the treatment of cancers arising in various organ systems. In neurosurgery for example, laser interstitial thermal therapy (LITT) is a preferred treatment option for patients who are not ideal surgical candidates. 
    • The unique ability of lasers to target specific structures and layers of tissue makes them a powerful tool in cosmetic and reconstructive surgery. 
      • Today, the laser balloon catheter is one of the endoscopic ablation systems (EAS) commonly used for the treatment of AF.
Medical Laser Systems Market

The global medical laser systems market report provides market size ($million 2017 to 2027), market share, growth trends and forecast (CAGR%, 2021 to 2027). 

The global market for medical laser systems segmented product [diode lasers, solid state lasers (holmium yttrium aluminum garnet lasers, erbium yttrium aluminum garnet lasers, neodymium yttrium aluminum garnet lasers, potassium titanyl phosphate lasers, alexandrite lasers, ruby lasers), gas lasers (CO2 lasers, argon lasers, krypton lasers, metal vapor lasers, helium-neon lasers, excimer lasers), dye lasers], application (cardiovascular, dentistry, dermatology, gynecology, ophthalmology, urology, others), and geography.

  • The CO2, Nd:YAG, and Argon lasers are the lasers most commonly used in medicine and surgery. The CO2 laser produces extremely high power density resulting in instant vaporization and ablation of the tissue, whereas Nd:YAG laser makes it ideal for hemostasis and tumor necrosis, as well as numerous endoscopic procedures within various specialties. Ion lasers, such as the argon and krypton laser, operate similarly to gas lasers, except they ionize the active medium.

The key drivers for the medical laser market include:

  • Globally increasingly geriatric population couple with increasing number of ophthalmology, dermatology, and aesthetic procedures to treat age-related conditions.
  • Technological advancement in laser technology continues to improve in precision and safety, and improved patient satisfaction.
  • Broad spectrum of clinical applications for a wide range of medical specialties, maximizing utilization and cost-effectiveness.

The global medical laser market report also provides the detailed market landscape (market drivers, restraints, opportunities), market attractiveness analysis and profiles of major competitors in the global market including company overview, financial snapshot, key products, technologies and services offered, and recent developments.

The global medical laser market research report is further divided by geography into North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Rest of EU), Asia Pacific (Japan, China, India, Rest of APAC), Latin America (Brazil, Mexico, Rest of LA), and Rest of the World.

  • Lumenis is a global leader in the field of minimally-invasive clinical solutions for the surgical, ophthalmology and aesthetic markets, and is a world-renowned expert in developing and commercializing innovative energy-based technologies, including laser, intense pulsed light (IPL) and radio-rrequency (RF).

Major competitors operating in the global medical laser systems market and included in this report are Alcon Laboratories, Inc., American Medical Systems, Inc., Angiodynamics, Inc., Bausch & Lomb Holdings, Inc., Biolase, Inc., Cardiogenesis Corporation, IRIDEX Corporation, Lumenis Ltd., Novadaq Technologies, Inc., Photomedex, Inc., Spectranetics Corporation, and Syneron-Candela (Syneron Medical Ltd.).

  • Product 
    • Diode Lasers
    • Solid State Lasers
      • Holmium Yttrium Aluminum Garnet Lasers
      • Erbium Yttrium Aluminum Garnet Lasers
      • Neodymium Yttrium Aluminum Garnet Lasers
      • Potassium Titanyl Phosphate Lasers
      • Alexandrite Lasers
      • Ruby Lasers
    • Gas Lasers
      • CO2 Lasers
      • Argon Lasers
      • Krypton Lasers
      • Metal Vapor Lasers
      • Helium-Neon Lasers
      • Excimer Lasers
    • Dye Lasers
  • Application
    • Cardiovascular
    • Dentistry
    • Dermatology
    • Gynecology
    • Ophthalmology
    • Urology
    • Others
  • Geography
    • North America (U.S., Canada)
    • Europe (U.K., Germany, France, Italy, Spain, Rest of EU)
    • Asia Pacific (Japan, China, India, Rest of APAC)
    • Latin America (Brazil, Mexico, Rest of LA)
    • Rest of the World
  • Company Profiles
    • Alcon Laboratories, Inc.
    • American Medical Systems, Inc.
    • Angiodynamics, Inc.
    • Bausch & Lomb Holdings, Inc.
    • Biolase, Inc.
    • Cardiogenesis Corporation
    • IRIDEX Corporation
    • Lumenis Ltd.
    • Novadaq Technologies, Inc.
    • Photomedex, Inc.
    • Spectranetics Corporation
    • Syneron-Candela (Syneron Medical Ltd.)

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