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Medical Laser Systems Market Size, Share, Growth, Analysis, Trend, and Forecast Research Report by 2027 | Top Key Players Alcon Laboratories, AngioDynamics, American Medical Systems

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Medical Laser Systems Market Size, Share, Growth, Analysis, Trend, and Forecast Research Report by 2027 | Top Key Players Alcon Laboratories, AngioDynamics, American Medical Systems

April 23
23:48 2021
Medical Laser Systems Market Size, Share, Growth, Analysis, Trend, and Forecast Research Report by 2027 | Top Key Players Alcon Laboratories, AngioDynamics, American Medical Systems
Rising prevalence of eye-related disorders, rising number of patients using advanced laser-based treatments, and the increasing importance of aesthetics are key factors contributing to high CAGR during the forecast period.

According to the current analysis of Reports and Data, the global Medical Laser Systems market was worth USD 1808.2 Million in 2019 and is expected to reach USD 4925.1 Million by the year 2027, at a CAGR of 12.8%. The primary factor driving the growth of this industry is technological advancements. The latest advancements in technology have led to an increase in the number of its applications in the medical industry. These advancements have benefits such as small incisions, decrease in the intensity of pain and fast recovery after any surgical procedure. These devices are becoming more advanced with the employment of hand-held diodes. Moreover, the increase in the application of technology for various cosmetic treatments, including hair removal, skin rejuvenation, and body contouring also support market growth.

Increasing incidences of chronic and skin diseases and the growing aging population are other major factors contributing to the growth of this industry. Globally, the geriatric population plays a major role in the growth of the market. In old age, loss of fibrous tissue and reduced vascular and glandular network in the layers of skin takes place. The appearance and characteristics of skin alters and leads to wrinkles, dryness, pigmentary alteration, and sagging of the skin. According to the UN-DESA, the population of individuals above 60 years of age in the U.S. will be 107 Million and that in China would be 437 million. The growing geriatric population worldwide is leading to the increasing adoption of these devices; thus, supporting the growth of the overall industry.

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Leading Players Profiled in the Report Include:

Alcon Laboratories, AngioDynamics, American Medical Systems, Biolase, Bausch & Lomb Holdings, and Cardiogenesis Corporation among others

For safe operation of a medical laser system, all its essential functions must be monitored exhaustively to ensure that a device will switch off as soon as any malfunction occurs. The essential quantities are the output power and the output energy for pulsed devices. Typically, the power and the energy are monitored at three positions: directly at the head, distal to the shutter and control system, proximal to the beam handling system and inside the optical end unit as close as possible to the exit.

Further key findings from the report suggest

  • On the basis of application, the urology segment dominates the global medical laser systems market
  • Solid state devices are projected to witness lucrative development due to technological advancements and increasing application in the diagnostic field
  • Dental application segment is anticipated to grow at a CAGR of 11.9%. Medical devices are extensively used in dentistry for the treatment of tooth decay, gum diseases, and biopsy
  • For power lasers, the power supply, the cooling system and the head are arranged in a laser console. It also contains the first shutter and the control units, as well as the input coupler for the beam-handling system. The beam-handling systems for the far IR and sometimes also for the UV region could be articulated arms. Light guides are used in the near-UV-region, in the visible and the near-IR regions.
  • In solid- and liquid-state lasers, the medium is excited by optical pumping. Flash lamps and arc lamps are utilized or other suitable light sources like diodes. In gaseous devices an electric discharge directly through the medium excites the atoms and the molecules via electron impact. To keep the optical losses low and to achieve optimum feedback and decoupling, the resonator mirror must be well coated and uncoated, respectively.
  • Optical feedback is possible only if the resonator mirrors are aligned in such a way that the electromagnetic wave is reflected into itself. This condition calls for a precise, highly stabilized mechano-optical design of the laser head; highly stable under all temperature and pressure conditions.
  • North America dominates the global medical laser systems with a 44% regional share.
  • Asia Pacific is expected to account for 19.7% of the global Medical Laser Systems industry. Developing nations such as China and India are likely to witness high growth

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For the purpose of this report, Reports and Data has segmented the Medical Laser Systems market on the basis of type, disease type, treatment type, end use, and region:

Type (Revenue, USD Million; 2017–2027)

  • Solid state laser systems
    • Holmium Yttrium Aluminum Garnet Laser Systems
    • Erbium Yttrium Aluminum Garnet Laser Systems
    • Neodymium Yttrium Aluminum Garnet Laser Systems
    • Potassium Titanyl Phosphate Laser Systems
    • Alexandrite Laser Systems
    • Ruby Laser Systems
  • Gaseous state laser systems
    • Co2 Laser Systems
    • Argon Laser Systems
    • Krypton Laser Systems
    • Metal Vapor Laser Systems
    • Helium – Neon Laser Systems
    • Excimer Laser Systems
  • Dye Laser Systems
  • Diode Laser Systems

Application (Revenue, USD Million; 2017–2027)

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

End Use (Revenue, USD Million; 2017–2027)

  • Surgical
  • Cosmetic
  • Dental

Regional Outlook (Revenue in Million USD; 2017–2027)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of the Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Middle East & Africa
    • Latin America
    • Brazil

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Table of contents

Chapter 1. Market Synopsis

    1.1. Market Definition

    1.2. Research Scope & Premise

    1.3. Methodology

    1.4. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2018 – 2026

Chapter 3. Indicative Metrics

    3.1. Increasing importance of aesthetic procedures

    3.2. Rising incidences of eye disorders

Chapter 4. Medical Laser Systems Segmentation & Impact Analysis

    4.1. Medical Laser Systems Segmentation Analysis

    4.2. Medical Laser Systems Market Value Chain Analysis, 2016-2026

    4.3. Regulatory framework

    4.4. Medical Laser Systems Market Impact Analysis

          4.4.1. Market driver analysis

                  4.4.1.1. Increasing application of medical lasers in various applications

                  4.4.1.2. Increasing focus on non-invasive treatment

          4.4.2. Market restraint analysis

                  4.4.2.1. Stringent safety regulations concerning usage of medical lasers

                  4.4.2.2. Possibility of failure of laser based surgical procedures

    4.5. Key opportunities prioritized

    4.6. Medical Laser Systems Pricing Analysis

    4.7. Industry analysis – Porter’s

    4.8. Medical Laser Systems PESTEL Analysis

………………

Chapter 9. Competitive Landscape

    9.1. Market Revenue Share by Manufacturers

    9.2. Manufacturing Cost Breakdown Analysis

    9.3. Mergers & Acquisitions

    9.4. Strategy Benchmarking

    9.5. Vendor Landscape

Chapter 10. Company Profiles

    10.1. Alcon Laboratories

            10.1.1. Company Overview

            10.1.2. Financial Performance

            10.1.3. Product Length Benchmarking

            10.1.4. Strategic Initiatives

    10.2. AngioDynamics

           10.2.1. Company Overview

           10.2.2. Financial Performance

           10.2.3. Product Length Benchmarking

           10.2.4. Strategic Initiatives

    10.3. American Medical Systems

           10.3.1. Company Overview

           10.3.2. Financial Performance

           10.3.3. Product Length Benchmarking

           10.3.4. Strategic Initiatives

Continued……  

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Thank you for reading our report. In case of further queries regarding the report or inquiry about its customization, please connect with us. We will ensure your report is well-suited to your requirements.

About Reports and Data                              

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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