MarkNtel Advisors, a leading market research firm, has showed its latest study titled "Global Medical Lasers Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Global Medical Lasers Market: 2024-2030
The Global Medical Lasers Market size was valued at USD 4.98 billion in 2023 and is projected to reach USD 9.85 billion by 2030. The market is also estimated to grow at a CAGR of around 9.61% during the forecast period, i.e., 2024-30.
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Global Medical Lasers Market Driver:
Increasing Prevalence of Ophthalmological Diseases – Worldwide, there has been a surge in the number of eye-related diseases such as cataracts & glaucoma. As a result, the need for laser eye surgeries or vision surgeries to treat eye diseases, prevent further loss of sight, and restore vision has increased. This has successfully augmented the demand for medical lasers, thereby positively impacting the overall market growth.
The number of old age people is increasing globally as evidenced by the World Bank data which stated 805,167,113 people were aged 65 and above in 2023, up from 737,239,689 in 2020. This rise in aged individuals has further propelled the market growth of medical lasers. This is because with increasing age the risk for some eye diseases like cataracts, AMD, etc. increases, and those aged individuals require laser surgeries to be able to see again clearly. The fact mentioned by the National Eye Institute also highlights that people aged 55 and older are most likely to have AMD. Hence, considering the aforementioned factors, the Global Medical Lasers Market has been witnessing tremendous growth and would continue with positive growth in the coming years as well.
Global Medical Lasers Market Segmentation:
The Global Medical Lasers Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Technology
-Solid-State Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
-ER: YAG Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
-ND: YAG Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
-HO: YAG Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
-Alexandrite Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million)
-Gas Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
-CO2 Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
-Argon Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
-Krypton Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
-Excimer Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million)
-Pulsed Dye Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
-Diode Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million)
By Application
-Aesthetics/Cosmetics Applications
-Hair Removal- Market Size & Forecast 2019-2030, (USD Million)
-Tattoo Removal- Market Size & Forecast 2019-2030, (USD Million)
-Acne and Scan Removal- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million)
-Dermatology Applications- Market Size & Forecast 2019-2030, (USD Million)
-Dental Applications- Market Size & Forecast 2019-2030, (USD Million)
-Urology Applications- Market Size & Forecast 2019-2030, (USD Million)
-Ophthalmology Applications- Market Size & Forecast 2019-2030, (USD Million)
-OB/GYN Applications- Market Size & Forecast 2019-2030, (USD Million)
-Oncology Applications- Market Size & Forecast 2019-2030, (USD Million)
-Cardiovascular Applications- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million)
By End-User
-Hospitals and Surgical Centers- Market Size & Forecast 2019-2030, (USD Million)
-Dermatology and Dental Clinics- Market Size & Forecast 2019-2030, (USD Million)
-Medical & Beauty Spas- Market Size & Forecast 2019-2030, (USD Million)
-Home-use and Self-care- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million).
Geographical Analysis into the Global Medical Lasers Market:
· North America
· South America
· Europe
· The Middle East & Africa
· Asia-Pacific
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/medical-lasers-market.html
Competitive Landscape and Global Medical Lasers Market Share Analysis:
The competitive landscape of the Global Medical Lasers Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Boston Scientific Corporation, Johnson & Johnson Vision Care, Inc., Alcon Inc., Carl Zeiss Meditec Ag, Candela Corporation, Lumenis Be Ltd., Cutera, Inc., Bausch Health Companies Inc., El.En. S.P.A., Alma Lasers, Fotona, Ipg Photonics Corporation, Bison Medical, AMD Lasers, and others.
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
· What factors are driving the Global Medical Lasers Market growth?
· How is the Global Medical Lasers Market expected to grow over the next five years?
· What are the key insights into the current trends in the Global Medical Lasers Market?
· What is the current size of the Global Medical Lasers Market, and how is it projected to change in the future?
· What is the future outlook for the Global Medical Lasers Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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