Surgical Lasers Market Report

Surgical Lasers Market Analysis, Size, Product, Analysis, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2019 To 2026

  • Published Date: ---
  • Base Year for Estimate:
  • Report ID: GVR5652
  • Format: Electronic (PDF)
  • Historical Data:
  • Number of Pages: 0

Global surgical lasers market is projected to grow due to technical advances in surgical lasers, increase in the prevalence of chronic diseases, particularly ophthalmic disorders and growing preference towards minimally invasive surgeries are the major factors responsible for its growth. Emerging countries such as Mexico, Brazil, China and India also offer significant growth prospects for the players operating in the market. The growth in these countries is attributed to growing target population such as 65+ aged population, people with eye disorders seeking treatment, and prevalence of lifestyle disorders, and increase in the investments by the key leading players.

According to the Journal of Ophthalmology (JOP), cataract is one prime cause for the blindness and visual impairment, globally. As per statistics published by News-Medical.Net, in 2015, around 22 million people aged 40 years and above got affected with cataract. Cataract removal surgeries are most common the aging population. However, the high cost of laser surgery and lack of reimbursement scenario are the factors restraining the industry growth.

Surgical lasers market is segmented on the basis of the laser type, procedure, application, and region. The laser type segment is segregated into solid-state, gas, dye and diode laser systems. The solid-state laser systems are further segregated into Holmium Yttrium Aluminum Garnet (Ho: YAG), Erbium Yttrium Aluminum Garnet (Er: YAG), Neodymium Yttrium Aluminum Garnet (Nd: YAG), Potassium Titanyl Phosphate, Alexandrite, and Ruby laser systems. The gas laser system is further segregated into CO2, Argon, Krypton, metal vapor (Copper and Gold), and Helium-Neon (He-Ne) laser systems. The gas lasers systems expected to register highest CAGR, owing to technological advancements in the cosmetic laser treatment, and easy availability of CO2 based lasers.

Based on procedure type the industry is fragmented into open, laparoscopic, and percutaneous surgeries. The laparoscopic surgery segment is expected to account for the highest market share. The growth is attributed to the increased market demand for minimally invasive surgeries and the procedural benefits of the laparoscopic procedures.

Based on the application the surgical laser market is segregated into ophthalmology, dermatology, dentistry, urology, cardiology, gynecology, and oncology. In 2017, ophthalmology segment expected accounted for the largest share of the global surgical lasers market. The growth in the application segment is primarily due to the rising prevalence of ophthalmology and urological disorders.

Geographically, the surgical lasers market is segmented into five regions as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa (MEA). North America anticipated to hold the dominant position in the surgical lasers market. The presence of a large number of cosmetic laser manufacturers and high demand for the use of surgical techniques among healthcare practitioners in the region enabled the industry growth. The Asia Pacific market expected to witness the highest CAGR over the forecast period. The factors responsible for its growth include the presence of a huge target population, and the rising prevalence of target diseases such as ophthalmology, cardiovascular, and urology disorders.

The major players operating in the surgical lasers market include Abbott Laboratories, Inc., Boston Scientific Corporation, BISON MEDICAL Co., Ltd., Biolitec AG, Alma Lasers, Photomedex, Inc., Lumenis Ltd, Biolase Inc., IPG Photonics Corporation, Spectranetics Corporation, and Fotona d.o.o. These players are focused on launching new products in the market. For instance, in October 2018, Lumenis Ltd, announced the launch of its first solid-state laser system, SPLENDOR X powered by BLEND X technology for dermatology and hair removal market.

Key questions answered by the report
Request for Customization

Choose License Type

Single User - $5,950
Multi User (2-5) - $6,950
Enterprise Access - $8,950

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert.

  • Custom research service

    Custom research service

    Design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • grand view research PCI DSS complaint grand view research paypal verified