The latest report on the Surgical Laser Market is 200 pages long and includes a number of tables and figures. This report covers the period from 2023 to 2031 and offers valuable insights into the market landscape.
Report Ocean, a renowned research firm, has recently unveiled its comprehensive Global Surgical Laser Market study, offering invaluable insights into the sector. This report delves deep into the market’s dimensions, emerging trends, and forecasts stretching to 2031. By employing a SWOT analysis, it provides an exhaustive assessment of the strengths and weaknesses exhibited by key players in the Surgical Laser domain.
Global Surgical Laser Market is valued at approximately USD 2.2 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2020-2027.
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What is the Surgical Laser Market?
A surgical laser is a type of medical device used for the treatment of bleeding blood vessels and to remove the contaminated tissues by using a light beam rather than surgical instruments, such as scalpels. A general surgeon uses a variety of laser wavelengths and laser delivery systems to eliminate, vaporize, and cut tissue. Since, there are various types of laser beams can be accessible from the market that have different color and uses neodymium, yttrium-aluminum-garnet argon, diode, and carbon dioxide. They are generally used in a range of surgical procedures, including laparoscopic surgeries, oncology, dermatology, ophthalmology, cardiology, and many more. Therefore, the rise in demand for non-invasive procedures is one of the prime factors fueling the adoption of surgical laser all over the world. Furthermore, the rise in the prevalence of cardiovascular and ophthalmic disorder, along with increased funding and public-private investment are the few factors responsible for the CAGR of the market during the forecast period.
As per the American Heart Association (AHA), in 2016, the death occurred due to cardiovascular diseases (CVDs) was estimated at around 17.6 million and is projected to grow more than 23.6 million by the year 2030. This, in turn, is expected to strengthen the market growth around the world. Although, the recent outbreak of COVID-19 pandemic around the world instigating the shutdown of much of civilized life, which resulted that MedTech companies are highly insulated from economic disruptions due to which demand for medical device and surgical procedures are greatly affecting. This is due to the healthcare facilities and organization are mainly focused on treating patients with COVID-19, and thus, surgical procedures are likely to put on hold. Therefore, the demand for surgical laser is substantially declining during the crisis. However, the high costs of laser surgeries and the dearth of favorable reimbursement policies are the major factors impeding the market growth over the forecast period of 2020-2027.
The regional analysis of the global Surgical Laser market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rise in the prevalence of chronic disease particularly cardiovascular and ophthalmic disorders, along with the presence of a significant number of medical device manufacturers in the region. Whereas, Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the presence of a huge target population with chronic diseases and improving healthcare infrastructure would create lucrative growth prospects for the Surgical Laser market across the Asia-Pacific region.
Major market player included in this report are:
Lumenis
Cynosure, Inc.
Alma Lasers, Ltd.
Abbott Laboratories, Inc.
Boston Scientific Corporation
IPG Photonics Corporation
Spectranetics Corporation
Biolitec AG
Bison Medical Co., Ltd.
Fotona D.O.O.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Carbon Dioxide (CO2) Lasers
Argon Lasers
ND:Yag (Neodymium-Doped Yttrium Aluminum Garnet) Lasers
Diode Lasers
Others
By Procedure Type:
Open Surgery
Laparoscopic Surgery
Percutaneous Surgery
By Application:
Ophthalmology
Dermatology
Dentistry
Urology
Cardiology
Others
By Region:
North America: U.S., Canada
Europe: UK, Germany, France, Spain, Italy, Rest of Europe (ROE)
Asia Pacific: China, India, Japan, Australia, South Korea, Rest of Asia Pacific (RoAPAC)
Latin America: Brazil, Mexico, Rest of Latin America (RoLA)
Rest of the World
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Scope of the Report:
The scope of this report encompasses a comprehensive analysis of the market growth expected to occur from 2023 to 2031. Through meticulous research, we have organized data pertaining to the evolving market structures that exert influence on industries, markets, technologies, and capabilities. Our report presents a thorough examination of relevant statistics, opportunities, challenges, drivers, restraints, limits, market size, share, and trends. By delivering valuable insights, we aim to provide a comprehensive understanding of the market landscape.
Our sample report encompasses the following elements:
- Introduction, Overview, and In-depth Industry Analysis: A comprehensive analysis of the industry, providing an updated report introduction along with an in-depth examination of key aspects.
- Research Report of 200+ Pages: The report consists of more than 200 pages, incorporating the latest research findings and insights.
- Chapter-wise Guidance: We offer chapter-wise guidance upon request, allowing you to navigate the report and delve into specific areas of interest.
- Updated Regional Analysis with Graphical Representation: Our report includes an updated regional analysis, presented in a graphical format to illustrate the size, share, and emerging trends within each region.
- List of Tables and Figures: It features an updated list of tables and figures that support the information presented in the report.
- Top Market Players: The report includes a comprehensive analysis of the leading market players, highlighting their business strategies, sales volume, and revenue analysis.
- Facts and Factors Research Methodology: Our research methodology is based on a rigorous approach, ensuring the accuracy and reliability of the information presented in the report
Our most recent research report showcases the thriving expansion of the global Surgical Laser Market and offers in-depth insights into the projected market size, share, and revenue until 2031.
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