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Asia Pacific Laser Therapy Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type; Application; End User, and Geography

  • ID: 5180729
  • Report
  • September 2020
  • Region: Asia Pacific
  • 144 pages
  • The Insight Partners
UP TO OFF
until Jan 15th 2021
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FEATURED COMPANIES

  • Alma Lasers
  • BTL
  • Coherent, Inc.
  • MORE
The Asia Pacific laser therapy market is expected to reach US$ 768.52 million by 2027 from US$ 348.67 million in 2019; it is estimated to grow with a CAGR of 10.5% from 2020 to 2027.

The laser therapy market in Asia Pacific grows substantially due to growing medical applications of laser therapy and technological developments in laser therapies. However, the high prices of laser therapy and devices hinder the growth of the market.

Laser therapy, a non-invasive medical procedure, uses the light of a specific wavelength to treat various diseases. This procedure is used to remove tumors or abnormal cell growth, perform hair and skin treatments, remove kidney stones, and repair a detached retina. In medicine, the laser allows surgeons to work at a high level of precision by focusing on a definite area, and this process creates lesser damage than the traditional methods of surgery. The process of laser therapy is however costly and may require repetitive visits to the surgeon.

Various medical device manufacturers and start-ups introduce the latest technologies in the market and the availability of various advanced products allows medical professionals to improve patients’ health by enhancing their treatment efficiency. For instance, in February 2020, IRIDEX Corporation, a manufacturer of ophthalmic laser-based medical products, launched an upgraded second-generation version of MicroPulse P3 device to treat glaucoma, and the upgrades made to the device are expected to substantially reduce intraocular pressure suitable for glaucoma patients without incisions.

Furthermore, in June 2020, Cynosure launched Elite iQ Aesthetic Workstation for laser hair removal and skin revitalization in Australia, allowing faster treatment with higher max energy compared with previous generation devices. Moreover, in February 2019, GakSung introduced the Laser Queen, a low-level laser and LED therapy known as photon light therapy, in India to treat a variety of conditions. Thus, the consistent technological developments through the launch of new products in the market augment the growth of the laser therapy market in Asia Pacific.

China, Japan, India, Australia, and South Korea are the most affected countries due to the increasing number of COVID-19 cases and the associated deaths. Manufacturers and suppliers of medical devices are shifting their focus from regular laser therapy devices to the development and supply of COVID-19 essentials and medical devices used for respiratory issues. This scenario adversely impacts the dermatology & cosmetic and minimally invasive therapies performed with laser devices.

Based on type, in 2019, the diode segment held the largest share of the market and is expected to grow at the fastest CAGR during the forecast period. This segment witnesses a lucrative growth owing to its rapid adoption in photodynamic treatments and aesthetic procedures. Additionally, the diode laser is used for processes such as incision, hemostasis, and coagulation. Moreover, the implementation of diode laser causes minimal swelling, scarring, and postsurgical pain;these factors propel the demand for diode laser in the market.

A few secondary sources referred to while preparing the report of Asia Pacific laser therapy market are the World Health Organization (WHO), Asian Pacific Association for Lasers in Medicine and Surgery, Organization for Economic Co-operation and Development (OECD), and Japan Society for Laser Surgery and Medicine.

Reasons to Buy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia-Pacific laser therapy market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia-Pacific laser therapy market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth regional market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Alma Lasers
  • BTL
  • Coherent, Inc.
  • MORE
1. Introduction
1.1 Scope of the Study
1.2 Report Guidance
1.3 Market Segmentation
1.3.1 Asia-Pacific Laser Therapy Market - By Type
1.3.2 Asia-Pacific Laser Therapy Market - By Application
1.3.3 Asia-Pacific Laser Therapy Market - By End User
1.3.4 Asia-Pacific Laser Therapy Market - By Country

2. Asia-Pacific Laser Therapy Market - Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Asia-Pacific Laser Therapy Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Laser Therapy Market - Asia-Pacific PEST Analysis
4.3 Expert Opinion

5. Asia-Pacific Laser Therapy Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Growing Medical Applications of Laser Therapy
5.1.2 Technological Developments in Laser Therapies
5.2 Key Market Restraints
5.2.1 High Prices of the Laser Therapy and Devices
5.3 Market Opportunities
5.3.1 Continuous Development in the Field of Laser Therapies
5.4 Future Trends
5.4.1 Patient Preference Toward LLLT
5.5 Impact analysis

6. Laser Therapy Market - Asia-Pacific Analysis
6.1 Asia-Pacific Laser Therapy Market Revenue Forecasts and Analysis

7. Asia-Pacific Laser Therapy Market Analysis And Forecasts To 2027 - By Type
7.1 Overview
7.2 Asia-Pacific Laser Therapy market, By Type 2019 & 2027 (%)
7.2.1 Asia-Pacific Laser Therapy Market Revenue and Forecasts to 2027, By Type (US$ Mn)
7.3 Solid
7.3.1 Overview
7.3.2 Asia-Pacific Solid Market Revenue and Forecast to 2027 (US$ Mn)
7.4 Liquid
7.4.1 Overview
7.4.2 Asia-Pacific Liquid Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Gas
7.5.1 Overview
7.5.2 Asia-Pacific Gas Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Diode
7.6.1 Overview
7.6.2 Asia-Pacific Diode Market Revenue and Forecasts to 2027 (US$ Mn)

8. Asia-Pacific Laser Therapy Market Analysis - ByApplication
8.1 Overview
8.2 Asia-Pacific Laser Therapy Market, By Application 2019-2027 (%)
8.2.1 Asia-Pacific Laser Therapy Market Revenue and Forecasts to 2027, By Application (US$ Mn)
8.3 Dermatology and Aesthetics
8.3.1 Overview
8.3.2 Asia-Pacific Dermatology and Aesthetics Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Dental
8.4.1 Overview
8.4.2 Asia-Pacific Dental Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Ophthalmology
8.5.1 Overview
8.5.2 Asia-Pacific Ophthalmology Market Revenue and Forecasts to 2027 (US$ Mn)
8.6 Urology
8.6.1 Overview
8.6.2 Asia-Pacific Urology Market Revenue and Forecasts to 2027 (US$ Mn)
8.7 Cardiovascular
8.7.1 Overview
8.7.2 Asia-PacificCardiovascularMarket Revenue and Forecasts to 2027 (US$ Mn)
8.8 Oncology
8.8.1 Overview
8.8.2 Asia-PacificOncologyMarket Revenue and Forecasts to 2027 (US$ Mn)
8.9 Other Applications
8.9.1 Overview
8.9.2 Asia-Pacific Other Applications Market Revenue and Forecasts to 2027 (US$ Mn)

9. Asia-Pacific Laser Therapy Market Analysis - By End User
9.1 Overview
9.2 Asia-Pacific Laser Therapy Market, By End User 2019-2027 (%)
9.2.1 Asia-Pacific Laser Therapy Market Revenue and Forecasts to 2027, By End User (US$ Mn)
9.3 Hospitals
9.3.1 Overview
9.3.2 Asia-PacificHospitals CompaniesMarket Revenue and Forecasts to 2027 (US$ Mn)
9.4 Specialized Clinics
9.4.1 Overview
9.4.2 Asia-PacificSpecialized ClinicsMarket Revenue and Forecasts to 2027 (US$ Mn)
9.5 Ambulatory Clinics
9.5.1 Overview
9.5.2 Asia-PacificAmbulatory ClinicsMarket Revenue and Forecasts to 2027 (US$ Mn)
9.6 Others
9.6.1 Overview
9.6.2 Asia-Pacific Others Market Revenue and Forecasts to 2027 (US$ Mn)

10. Laser Therapy Market Revenue and Forecasts To 2027 - Geographical Analysis
10.1 Asia Pacific: Laser Therapy Market
10.1.1 Overview
10.1.2 Asia Pacific: Laser Therapy Market - Revenue and Forecast to 2027 (USD Million)
10.1.3 Asia Pacific: Laser Therapy Market, by Type, 2018-2027 (USD Million)
10.1.4 Asia Pacific: Laser Therapy Market, by Application, 2018-2027 (USD Million)
10.1.5 Asia Pacific: Laser Therapy Market, by End User, 2018-2027 (USD Million)
10.1.6 Asia Pacific: Laser Therapy Market, by Country, 2019 & 2027 (%)
10.1.7 China Laser Therapy Market - Revenue and Forecast to 2027 (USD Million)
10.1.7.1 China: Laser Therapy Market - Revenue and Forecast to 2027 (USD Million)
10.1.7.2 China: Laser Therapy Market, by Type, 2018-2027 (USD Million)
10.1.7.3 China: Laser Therapy Market, by Application, 2018-2027 (USD Million)
10.1.7.4 China: Laser Therapy Market, by End User, 2018-2027 (USD Million)
10.1.8 Japan: Laser Therapy Market - Revenue and Forecast to 2027 (USD Million)
10.1.8.1 Japan: Laser Therapy Market - Revenue and Forecast to 2027 (USD Million)
10.1.8.2 Japan: Laser Therapy Market, by Type, 2018-2027 (USD Million)
10.1.8.3 Japan: Laser Therapy Market, by Application, 2018-2027 (USD Million)
10.1.8.4 Japan: Laser Therapy Market, by End User, 2018-2027 (USD Million)
10.1.9 India: Laser Therapy Market - Revenue and Forecast to 2027 (USD Million)
10.1.9.1 India: Laser Therapy Market - Revenue and Forecast to 2027 (USD Million)
10.1.9.2 India: Laser Therapy Market, by Type, 2018-2027 (USD Million)
10.1.9.3 India: Laser Therapy Market, by Application, 2018-2027 (USD Million)
10.1.9.4 India: Laser Therapy Market, by End User, 2018-2027 (USD Million)
10.1.10 South Korea: Laser Therapy Market - Revenue and Forecast to 2027 (USD Million)
10.1.10.1 South Korea: Laser Therapy Market - Revenue and Forecast to 2027 (USD Million)
10.1.10.2 South Korea: Laser Therapy Market, by Type, 2018-2027 (USD Million)
10.1.10.3 South Korea: Laser Therapy Market, by Application, 2018-2027 (USD Million)
10.1.10.4 South Korea: Laser Therapy Market, by End User, 2018-2027 (USD Million)
10.1.11 Australia: Laser Therapy Market - Revenue and Forecast to 2027 (USD Million)
10.1.11.1 Australia: Laser Therapy Market - Revenue and Forecast to 2027 (USD Million)
10.1.11.2 Australia: Laser Therapy Market, by Type, 2018-2027 (USD Million)
10.1.11.3 Australia: Laser Therapy Market, by Application, 2018-2027 (USD Million)
10.1.11.4 Australia: Laser Therapy Market, by End User, 2018-2027 (USD Million)

11. Impact of COVID-19 Pandemic on Asia-Pacific Laser Therapy Market
11.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

12. Company Profiles
12.1 Baring Private Equity Asia Ltd (Lumenis)
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Coherent, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Alma Lasers
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Boston Scientific Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 BTL
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments

13. Appendix
13.1 About the Publisher
13.2 Word Index
Note: Product cover images may vary from those shown
3 of 3
  • Baring Private Equity Asia Ltd (Lumenis)
  • Coherent, Inc.
  • Alma Lasers
  • Boston Scientific Corporation
  • BTL
Note: Product cover images may vary from those shown
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