Increasing number of cosmetic surgeries to fuel the demand for Medical Laser Devices. The Medical Lasers market is set to grow at a CAGR of around 11% by 2026; says Absolute Markets Insights

Medical laser devices are being used to treat a number of diseases and skin problems. Laser treatment solutions have allowed surgeons to work at high levels of precision by focusing on a small area, thereby, damaging less of the surrounding tissues. The technological developments have propelled the emergence of refractive eye surgery (often called as LASIK), which is an advanced laser treatment solution used for vision correction. These solutions have become indispensable in a variety of medical fields as they have allowed the health care providers to render services with unparalleled accuracy and precision in cutting and ablating procedures.

“Laser technology is proving to be vital in the healthcare industry. The demand for medical laser devices would be driven, during the next six years, by notably declining cost of laser surgeries, leading to their adoption in the main stream market”. 

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Rising prevalence of chronic diseases such as diabetes is contributing to the growth of global ophthalmic laser treatments. The aging population and growing preference for non-invasive and painless surgical solutions are majorly contributing to the proliferation of the medical lasers market. However, laser therapy is expensive and often requires repeated treatments, which is factoring to the limited adoption of these solutions.  Emerging economies such as India and China are increasingly adopting laser treatment solutions, which is attributed to the rising disposable income of people in these regions.

The detailed research study provides qualitative and quantitative analysis of the very market. The Medical Lasers market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue as well as sales volume across regions and further, across all the major countries. The supply side analysis covers regional production volume and capacity analysis. The geographical analysis done emphasizes on each of the major countries across North America, Asia Pacific, Europe, Middle East and Africa and Latin America.

The competitive analysis conducted narrates that the market is composed of several players. Some of the prominent competitors include Alcon Laboratories, Cardiogenesis Corporation, Angiodynamics, Inc., Lumenis Ltd., Syneron-Candela, Biolase Inc., American Medical Systems, Inc., Inc., Photomedex, Inc., Bausch & Lomb Holdings, Inc., IRIDEX Corp., Spectranetics Corporation, and Novadaq Technologies, Inc.

Lumenis Ltd., a global leader in laser and energy-based technologies has introduced the SPLENDOR X, which is a versatile treatment wrinkles, vascular and pigmented lesions. It is powered by the Bilateral laser emission of Nd:YAG (1064nm) and Alexandrite (755nm) wavelengths that eliminates overlap and hotspots for faster treatments.

Medical Lasers Market - by Product Type

Solid-State Laser Systems

Gas Laser Systems

Dye Lasers Systems

Diode Laser Systems

Medical Lasers Market - by Application 

Ophthalmology

Dermatology

Gynecology

Dentistry

Urology

Cardiovascular

Others

Medical Lasers Market – by End Use 

Surgical

 Cosmetic

Dental

Medical Lasers Market – by Region

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Southeast Asia
  • Rest of Asia Pacific
    • Middle East and Africa
    • GCC Countries
    • Southern Africa
    • Rest of Middle East and Africa
  • Latin America
    • Brazil
    • Rest of Latin America