Lasers offer medical practitioners unparalleled accuracy and precision in cutting and ablating procedures, which makes them indispensable in a variety of medical fields.
The US medical laser market will experience rapid growth over the next five years as it was valued at nearly $1 billion in 2004 and will more than double by 2009.
Market Drivers:
- Low interest rates per laser capital equipment purchases - The recent economic growth in the US has boosted procedures - Per-procedure fees or disposable revenues in each of the segments are also significantly driving growth
