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Medical Laser Systems: Global Strategic Business Report

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    Report

  • 304 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4721446

Global Medical Laser Systems Market to Reach $4.8 Billion by 2030

The global market for Medical Laser Systems estimated at US$2.3 Billion in the year 2022, is projected to reach a revised size of US$4.8 Billion by 2030, growing at a CAGR of 10% over the analysis period 2022-2030. Diode Laser Systems, one of the segments analyzed in the report, is projected to record a 10.5% CAGR and reach US$1.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Solid State Laser Systems segment is readjusted to a revised 12.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $615.8 Million, While China is Forecast to Grow at 14% CAGR

The Medical Laser Systems market in the U.S. is estimated at US$615.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 14% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.1% and 8.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$707.7 Million by the year 2030.

Select Competitors (Total 103 Featured) -

  • AMD Lasers
  • AngioDynamics Inc.
  • Bausch & Lomb Inc.
  • BIOLASE Inc.
  • Biolitec AG
  • Carl Zeiss Meditec AG
  • Cutera Inc.
  • Danaher
  • Hologic Inc.
  • Lumenis Ltd.
  • Nidek Co. Ltd.
  • Spectranetics Corporation
  • Syneron Cadila
  • Topcon Corporation

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Medical Laser Market - Outlook
  • Global Market Overview and Analysis
  • Key Market Restraints
  • Recent Market Activity
  • Medical Laser Systems - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
  • AMD Lasers, LLC (USA)
  • AngioDynamics, Inc. (USA)
  • Bausch Health Companies, Inc. (USA)
  • BIOLASE, Inc. (USA)
  • Biolitec AG (Germany)
  • Carl Zeiss Meditec AG (Germany)
  • Coherent, Inc. (USA)
  • CryoLife, Inc. (USA)
  • Cutera, Inc. (USA)
  • Danaher Corporation (USA)
  • KaVo Dental (USA)
  • Ellex Medical Lasers Limited (Australia)
  • Hologic, Inc. (USA)
  • IRIDEX Corporation (USA)
  • Lumenis Ltd. (Israel)
  • Lynton Lasers Ltd. (UK)
  • Nidek Co. Ltd. (Japan)
  • Novartis AG (Switzerland)
  • The Spectranetics Corporation (USA)
  • Syneron Candela (USA)
  • Topcon Corporation (Japan)
  • Trimedyne, Inc. (USA)
3. MARKET TRENDS & DRIVERS
  • Ophthalmic Lasers
  • Technology Advancements Support Growth
  • Selective Retinal Therapy (SRT)
  • Retinal Rejuvenation Therapy for AMD Patients
  • Femtosecond Lasers garner Demand Led by Better Visual Outcomes
  • Femtosecond Lasers from Leading Players:Regulatory Status
  • Vision Correction - An Expanding Market
  • Diagnostic Application of Lasers Gain Significant Attention
  • High Prices Limit Use of Lasers
  • Demographic Changes Drive Demand for Ophthalmic Lasers
  • Rising Prevalence of Diabetes Fuels Growth
  • Dental Lasers
  • Dental Lasers Firmly on Growth Track
  • Soft Tissue Lasers Lead the Global Dental Lasers Systems Market
  • Advancements in Laser Dentistry Improve Outcomes and Reduce Costs
  • Drop in Prices to Support Penetration
  • Dental Lasers Puts Dental Practice on Growth Trajectory
  • Despite High Potential, Dental Laser Systems Market Faces Challenges
  • Aesthetic Lasers
  • Lasers Gain Adoption in Cosmetic Procedures
  • Emerging Economies Drive Growth in Aesthetic Laser and Light Device Market
  • Increasing Obesity Rates to Propel Aesthetic Lasers Market Growth
  • Lasers Dominate the Hair Removal Market
  • Laser Skin Tightening - A Potential Non-Surgical Substitute to Face-lifting
  • Fraxel Lasers for Skin Resurfacing
  • Surgical Lasers
  • Lasers Witness Wide Adoption in Surgical Procedures
  • Lasers in Cardiology
  • Fiber-Laser Technology Offers Promising Applications in Medical Sector
  • Selective Laser Treatment: An Emerging Trend
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Medical Laser Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Medical Laser Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 3: World 18-Year Perspective for Medical Laser Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Diode Laser Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Diode Laser Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 6: World 18-Year Perspective for Diode Laser Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Solid State Laser Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Solid State Laser Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 9: World 18-Year Perspective for Solid State Laser Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Gas Laser Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Gas Laser Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 12: World 18-Year Perspective for Gas Laser Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 15: World 18-Year Perspective for Other Product Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Dermatology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Dermatology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 18: World 18-Year Perspective for Dermatology by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Ophthalmology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Ophthalmology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 21: World 18-Year Perspective for Ophthalmology by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Dentistry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Dentistry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 24: World 18-Year Perspective for Dentistry by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 26: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 27: World 18-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 28: World Medical Laser Systems Market Analysis of Annual Sales in US$ Million for Years 2012 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Medical Laser Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Medical Laser Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Medical Laser Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Medical Laser Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Medical Laser Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Medical Laser Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Medical Laser Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Medical Laser Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
AUSTRALIA
  • Medical Laser Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Medical Laser Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Medical Laser Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Medical Laser Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Medical Laser Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AMD Lasers
  • AngioDynamics Inc.
  • Bausch & Lomb Inc.
  • BIOLASE Inc.
  • Biolitec AG
  • Carl Zeiss Meditec AG
  • Cutera Inc.
  • Danaher
  • Hologic Inc.
  • Lumenis Ltd.
  • Nidek Co. Ltd.
  • Spectranetics Corporation
  • Syneron Cadila
  • Topcon Corporation

Table Information