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Global Medical Laser Market Size, Trends & Growth Opportunity, By Product type, By Application, and By Region and Forecast to 2027.

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    Report

  • 155 Pages
  • February 2022
  • Region: Global
  • Qualiket Research
  • ID: 5561466
UP TO OFF until Dec 24th 2022
The Medical Laser Market is expected to grow at a CAGR of 15.3% from 2020 to 2027 to reach a value of $4.32 billion by 2028.



Medical lasers are devices that use precisely focused light sources to treat or remove tissues. Lasers are used to perform precise surgical procedures or to cut through tissue instead of using a scalpel because they can accurately focus on small areas.

Drivers: The rising preference for minimally invasive procedures, rising incidences of eye disorders, and an increase in the number of cosmetic procedures are all contributing to the growth of the medical laser market. The demand for various endoscopy devices is expected to increase as the demand for surgeries with faster recovery, fewer post-surgery infections, less pain, reduced scarring, better bleeding control, and increased accuracy grows. Surgical procedures have been transformed by technological advancements in surgical techniques and equipment handling, including the introduction of minimally invasive surgeries.

Restraints: High costs associated with Medical Laser is one of the restraining factor in Global Medical Laser Market.

Impact of COVID-19


The COVID-19 pandemic was contained by imposing strict lockdowns in several countries, which resulted in widespread economic downturn.Many industries, including healthcare, have suffered as a result. The entire supply chain has been significantly impacted, from raw materials to manufacturing and delivery.Market players began focusing on research and development operations, strategic alliances and partnerships, and innovative product releases to meet the high demand for vaccines, medications, diagnostics, and medical equipment.

Segmentation By Product Type: Global Medical Laser Market is classified on the basis of Product Type into Solid state laser systems, Gas laser systems, Dye Laser Systems, and Diode Laser Systems.

Segmentation By Application: Global Medical Laser Market is classified on the basis of Application into Ophthalmology, Dermatology, Gynecology, Dentistry, Urology, Cardiovascular, and Others.

Segmentation By Region: Global Medical Laser Market is classified on the basis of Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape: The key players in global medical laser include Alcon Laboratories, Inc., AngioDynamics Corp., American Medical Systems, Inc., Biolase Inc, Bausch & Lomb Holdings, Cardiogenesis Corporation, Inc, Lumenis Ltd., IRIDEX Corp., Novadaq Technologies, Inc., Photomedex, Inc., Spectranetics Corporation, and Syneron-Candela.

Industrial Developments
  • In 2020, Olympus Corporation launched the Soltive SuperPulsed Laser System, a new thulium fibre laser application for stone lithotripsy and soft tissue applications.
  • In 2020, Cynosure LLC will release the Elite iQ platform, which is the next generation of the Elite+ aesthetic workstation, allowing for faster treatments with higher maximum energy than previous models.

Market Taxonomy


By Product type

  • Solid state laser systems
  • Holmium Yttrium Aluminum Garnet Laser (Ho:Yag) Systems
  • Erbium Yttrium Aluminum Garnet Laser (Er:Yag) Systems
  • Neodymium Yttrium Aluminum Garnet Laser (Nd:Yag) Systems
  • Potassium Titanyl Phosphate Laser Systems
  • Alexandrite Laser Systems
  • Ruby Laser Systems
  • Gas laser systems
  • Co2 Laser Systems
  • Argon Laser Systems
  • Krypton Laser Systems
  • Metal Vapor (Copper And Gold) Laser Systems
  • Helium - Neon (He-Ne) Laser Systems
  • Excimer Laser Systems
  • Dye Laser Systems
  • Diode Laser Systems

By Application

  • Ophthalmology
  • Dermatology
  • Gynecology
  • Dentistry
  • Urology
  • Cardiovascular
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Questions Addressed by the Report

  • What are the Key Opportunities in Global Medical Laser Market?
  • What will be the growth rate from 2020 to 2027?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?

Table of Contents

1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Medical Laser Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Medical Laser Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Medical Laser Market Share Analysis, By Product Type
5.3 Medical Laser Market Size and Forecast, By Product Type
5.3.1 Solid state laser systems
5.3.2 Gas laser systems
5.3.3 Dye Laser Systems
5.3.4 Diode Laser Systems
6 Global Medical Laser Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Medical Laser Market Share Analysis, By Application
6.3 Medical Laser Market Size and Forecast, By Application
6.3.1 Ophthalmology
6.3.2 Dermatology
6.3.3 Gynecology
6.3.4 Dentistry
6.3.5 Urology
6.3.6 Cardiovascular
6.3.7 Others
7 Global Medical Laser Market, By Region
7.1 Medical Laser Market Share Analysis, By Region
7.2 Medical Laser Market Size and Forecast, By Region
7.3 Medical Laser Market Size and Forecast, By Region
8 North America Medical Laser Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Medical Laser Market Share Analysis, By Product Type
8.3 North America Medical Laser Market Size and Forecast, By Application
8.4 North America Medical Laser Market Size and Forecast, By Country
8.4.1 US
8.4.2 Canada
9 Europe Medical Laser Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Medical Laser Market Share Analysis, By Product Type
9.3 Europe Medical Laser Market Size and Forecast, By Application
9.4 Europe Medical Laser Market Size and Forecast, By Country
9.4.1 UK
9.4.2 Germany
9.4.3 France
9.4.4 Italy
9.4.5 Spain
9.4.6 Netherland
10 Asia Pacific Medical Laser Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Medical Laser Market Share Analysis, By Product Type
10.3 Asia Pacific Medical Laser Market Size and Forecast, By Application
10.4 Asia Pacific Medical Laser Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Australia
11 Latin America Medical Laser Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Medical Laser Market Share Analysis, By Product Type
11.3 Latin America Medical Laser Market Size and Forecast, By Application
11.4 Latin America Medical Laser Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2 Rest of Latin America
12 Middle East & Africa Medical Laser Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East & Africa Medical Laser Market Share Analysis, By Product Type
12.3 Middle East & Africa Medical Laser Market Size and Forecast, By Application
12.4 Middle East & Africa Medical Laser Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.2 UAE
12.4.3 Egypt
12.4.4 Kuwait
12.4.5 South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Alcon Laboratories, Inc.
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 AngioDynamics Corp.
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 American Medical Systems, Inc.
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Biolase Inc.
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Spectranetics Corporation
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Syneron-Candela
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Alcon Laboratories Inc.
  • AngioDynamics Corp.
  • American Medical Systems Inc.
  • Biolase Inc
  • Bausch & Lomb Holdings
  • Cardiogenesis Corporation Inc
  • Lumenis Ltd.
  • IRIDEX Corp.
  • Novadaq Technologies Inc.
  • Photomedex Inc.
  • Spectranetics Corporation
  • Syneron-Candela.