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Medical Laser Technology-Global Market Insights and Sales Trends 2024
Synopsis
Medical laser technology generates a specific wavelength and strong beam of light. It is used in applications such as cosmetic, diagnostic, surgical, and therapeutic. Besides, the technology is used in various areas such as ophthalmology, dermatology, urology, and cardiovascular diseases.
The global Medical Laser Technology market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Medical Laser Technology in various end use industries. The expanding demands from the Cosmetic, Diagnostic, Surgical and Therapeutic, are propelling Medical Laser Technology market. Diode Laser System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Solid State Laser System segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Medical Laser Technology, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Medical Laser Technology market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Medical Laser Technology market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Medical Laser Technology sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Medical Laser Technology covered in this report include Lumenis, PhotoMedex, Spectranetics Corporation, BIOLASE, Iridex Corporation, Novadaq Technologies, AngioDynamics Corp, Syneron Medical and IRIDEX Corporation, etc.
The global Medical Laser Technology market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lumenis
PhotoMedex
Spectranetics Corporation
BIOLASE
Iridex Corporation
Novadaq Technologies
AngioDynamics Corp
Syneron Medical
IRIDEX Corporation
Alcon Laboratories
Cardiogenesis Corporation
American Medical Systems
Bausch & Lomb
Global Medical Laser Technology market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Medical Laser Technology market, Segment by Type:
Diode Laser System
Solid State Laser System
Dye Laser System
Gas Laser System
Global Medical Laser Technology market, by Application
Cosmetic
Diagnostic
Surgical
Therapeutic
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Medical Laser Technology companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Medical laser technology generates a specific wavelength and strong beam of light. It is used in applications such as cosmetic, diagnostic, surgical, and therapeutic. Besides, the technology is used in various areas such as ophthalmology, dermatology, urology, and cardiovascular diseases.
The global Medical Laser Technology market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Medical Laser Technology in various end use industries. The expanding demands from the Cosmetic, Diagnostic, Surgical and Therapeutic, are propelling Medical Laser Technology market. Diode Laser System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Solid State Laser System segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Medical Laser Technology, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Medical Laser Technology market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Medical Laser Technology market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Medical Laser Technology sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Medical Laser Technology covered in this report include Lumenis, PhotoMedex, Spectranetics Corporation, BIOLASE, Iridex Corporation, Novadaq Technologies, AngioDynamics Corp, Syneron Medical and IRIDEX Corporation, etc.
The global Medical Laser Technology market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lumenis
PhotoMedex
Spectranetics Corporation
BIOLASE
Iridex Corporation
Novadaq Technologies
AngioDynamics Corp
Syneron Medical
IRIDEX Corporation
Alcon Laboratories
Cardiogenesis Corporation
American Medical Systems
Bausch & Lomb
Global Medical Laser Technology market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Medical Laser Technology market, Segment by Type:
Diode Laser System
Solid State Laser System
Dye Laser System
Gas Laser System
Global Medical Laser Technology market, by Application
Cosmetic
Diagnostic
Surgical
Therapeutic
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Medical Laser Technology companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Medical Laser Technology
1.1 Medical Laser Technology Market Overview
1.1.1 Medical Laser Technology Product Scope
1.1.2 Medical Laser Technology Market Status and Outlook
1.2 Global Medical Laser Technology Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Medical Laser Technology Market Size by Region (2018-2029)
1.4 Global Medical Laser Technology Historic Market Size by Region (2018-2023)
1.5 Global Medical Laser Technology Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Medical Laser Technology Market Size (2018-2029)
1.6.1 North America Medical Laser Technology Market Size (2018-2029)
1.6.2 Europe Medical Laser Technology Market Size (2018-2029)
1.6.3 Asia-Pacific Medical Laser Technology Market Size (2018-2029)
1.6.4 Latin America Medical Laser Technology Market Size (2018-2029)
1.6.5 Middle East & Africa Medical Laser Technology Market Size (2018-2029)
2 Medical Laser Technology Market by Type
2.1 Introduction
2.1.1 Diode Laser System
2.1.2 Solid State Laser System
2.1.3 Dye Laser System
2.1.4 Gas Laser System
2.2 Global Medical Laser Technology Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Medical Laser Technology Historic Market Size by Type (2018-2023)
2.2.2 Global Medical Laser Technology Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Medical Laser Technology Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Medical Laser Technology Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Medical Laser Technology Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Medical Laser Technology Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Medical Laser Technology Revenue Breakdown by Type (2018-2029)
3 Medical Laser Technology Market Overview by Application
3.1 Introduction
3.1.1 Cosmetic
3.1.2 Diagnostic
3.1.3 Surgical
3.1.4 Therapeutic
3.1.5 Other
3.2 Global Medical Laser Technology Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Medical Laser Technology Historic Market Size by Application (2018-2023)
3.2.2 Global Medical Laser Technology Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Medical Laser Technology Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Medical Laser Technology Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Medical Laser Technology Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Medical Laser Technology Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Medical Laser Technology Revenue Breakdown by Application (2018-2029)
4 Medical Laser Technology Competition Analysis by Players
4.1 Global Medical Laser Technology Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Medical Laser Technology as of 2022)
4.3 Date of Key Players Enter into Medical Laser Technology Market
4.4 Global Top Players Medical Laser Technology Headquarters and Area Served
4.5 Key Players Medical Laser Technology Product Solution and Service
4.6 Competitive Status
4.6.1 Medical Laser Technology Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Lumenis
5.1.1 Lumenis Profile
5.1.2 Lumenis Main Business
5.1.3 Lumenis Medical Laser Technology Products, Services and Solutions
5.1.4 Lumenis Medical Laser Technology Revenue (US$ Million) & (2018-2023)
5.1.5 Lumenis Recent Developments
5.2 PhotoMedex
5.2.1 PhotoMedex Profile
5.2.2 PhotoMedex Main Business
5.2.3 PhotoMedex Medical Laser Technology Products, Services and Solutions
5.2.4 PhotoMedex Medical Laser Technology Revenue (US$ Million) & (2018-2023)
5.2.5 PhotoMedex Recent Developments
5.3 Spectranetics Corporation
5.3.1 Spectranetics Corporation Profile
5.3.2 Spectranetics Corporation Main Business
5.3.3 Spectranetics Corporation Medical Laser Technology Products, Services and Solutions
5.3.4 Spectranetics Corporation Medical Laser Technology Revenue (US$ Million) & (2018-2023)
5.3.5 BIOLASE Recent Developments
5.4 BIOLASE
5.4.1 BIOLASE Profile
5.4.2 BIOLASE Main Business
5.4.3 BIOLASE Medical Laser Technology Products, Services and Solutions
5.4.4 BIOLASE Medical Laser Technology Revenue (US$ Million) & (2018-2023)
5.4.5 BIOLASE Recent Developments
5.5 Iridex Corporation
5.5.1 Iridex Corporation Profile
5.5.2 Iridex Corporation Main Business
5.5.3 Iridex Corporation Medical Laser Technology Products, Services and Solutions
5.5.4 Iridex Corporation Medical Laser Technology Revenue (US$ Million) & (2018-2023)
5.5.5 Iridex Corporation Recent Developments
5.6 Novadaq Technologies
5.6.1 Novadaq Technologies Profile
5.6.2 Novadaq Technologies Main Business
5.6.3 Novadaq Technologies Medical Laser Technology Products, Services and Solutions
5.6.4 Novadaq Technologies Medical Laser Technology Revenue (US$ Million) & (2018-2023)
5.6.5 Novadaq Technologies Recent Developments
5.7 AngioDynamics Corp
5.7.1 AngioDynamics Corp Profile
5.7.2 AngioDynamics Corp Main Business
5.7.3 AngioDynamics Corp Medical Laser Technology Products, Services and Solutions
5.7.4 AngioDynamics Corp Medical Laser Technology Revenue (US$ Million) & (2018-2023)
5.7.5 AngioDynamics Corp Recent Developments
5.8 Syneron Medical
5.8.1 Syneron Medical Profile
5.8.2 Syneron Medical Main Business
5.8.3 Syneron Medical Medical Laser Technology Products, Services and Solutions
5.8.4 Syneron Medical Medical Laser Technology Revenue (US$ Million) & (2018-2023)
5.8.5 Syneron Medical Recent Developments
5.9 IRIDEX Corporation
5.9.1 IRIDEX Corporation Profile
5.9.2 IRIDEX Corporation Main Business
5.9.3 IRIDEX Corporation Medical Laser Technology Products, Services and Solutions
5.9.4 IRIDEX Corporation Medical Laser Technology Revenue (US$ Million) & (2018-2023)
5.9.5 IRIDEX Corporation Recent Developments
5.10 Alcon Laboratories
5.10.1 Alcon Laboratories Profile
5.10.2 Alcon Laboratories Main Business
5.10.3 Alcon Laboratories Medical Laser Technology Products, Services and Solutions
5.10.4 Alcon Laboratories Medical Laser Technology Revenue (US$ Million) & (2018-2023)
5.10.5 Alcon Laboratories Recent Developments
5.11 Cardiogenesis Corporation
5.11.1 Cardiogenesis Corporation Profile
5.11.2 Cardiogenesis Corporation Main Business
5.11.3 Cardiogenesis Corporation Medical Laser Technology Products, Services and Solutions
5.11.4 Cardiogenesis Corporation Medical Laser Technology Revenue (US$ Million) & (2018-2023)
5.11.5 Cardiogenesis Corporation Recent Developments
5.12 American Medical Systems
5.12.1 American Medical Systems Profile
5.12.2 American Medical Systems Main Business
5.12.3 American Medical Systems Medical Laser Technology Products, Services and Solutions
5.12.4 American Medical Systems Medical Laser Technology Revenue (US$ Million) & (2018-2023)
5.12.5 American Medical Systems Recent Developments
5.13 Bausch & Lomb
5.13.1 Bausch & Lomb Profile
5.13.2 Bausch & Lomb Main Business
5.13.3 Bausch & Lomb Medical Laser Technology Products, Services and Solutions
5.13.4 Bausch & Lomb Medical Laser Technology Revenue (US$ Million) & (2018-2023)
5.13.5 Bausch & Lomb Recent Developments
6 North America
6.1 North America Medical Laser Technology Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Medical Laser Technology Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Medical Laser Technology Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Medical Laser Technology Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Medical Laser Technology Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Medical Laser Technology Market Dynamics
11.1 Medical Laser Technology Industry Trends
11.2 Medical Laser Technology Market Drivers
11.3 Medical Laser Technology Market Challenges
11.4 Medical Laser Technology Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
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