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Medical Laser Market Size 2019 – Growing Demand Status of Top Manufacturers with Industry Share, Size, Projection, Consumption Forecast to 2024

Medical

The “Medical Laser Market” report 2019 covers all the significant developments which are recently being adopted across the global market. The prime objective of Medical Laser market report is to provides an in-depth analysis of all market dynamics including drivers and restraints, and trends and opportunities. The Medical Laser market report covers both the demand and supply aspect of the market. The report also highlighted the future trends in the Medical Laser market that will impact the demand during the forecast period.

Scope of the Report:

  • As per the scope of this report, medical lasers are medical devices that are used for the treatment of various diseases and tissue removal, which helps in medical diagnosis, treatments, and therapies.

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    Market Overview:

  • The growth of the medical laser market is attributed to the rising preference for minimally invasive procedures, increasing incidences of eye disorders, and an increase in the number of cosmetic procedures.
  • The rising demand for surgeries with faster recovery, fewer post-surgery infections, less pain, reduced scarring, better control on bleeding, and increased accuracy are anticipated to boost the demand for various endoscopy devices. Technological advances in surgical techniques and enhancement in equipment handling have transformed surgical procedures, including the introduction of minimally invasive surgeries.
  • These procedures usually provide equivalent outcomes to traditional open surgery, along with offering significant benefits, such as less major bleeding, fewer post-op infections, fewer complications, shorter length of stay, quicker return to normal activities, less scarring, and comparable/lower cost, among other such benefits. As a result, these procedures have become more popular in recent times. Aging patients are fragile, and thus, the use of minimally invasive devices (while performing surgeries) becomes important. Hence, the increase in the prevalence of geriatric population is also driving the market.
  • Globally, there is an increased demand for cosmetic surgery procedures, which include surgical and non-surgical procedures that improve the appearance by reshaping and enhancing the body structure. For instance, as per a report published by the American Society of Plastic Surgeons in 2016, around 1.8 million cosmetic surgical procedures and 15.5 million cosmetic minimally invasive procedures were performed. This high adoption of medical lasers in the area of cosmetic surgery is also expected to propel the growth of the medical laser market.

    Some of the Top Key Players of Medical Laser Market Report Are:

  • Bausch & Lomb Incorporated.
  • Koninklijke Philips NV
  • IRIDEX Corporation
  • Biolase Inc.
  • Syneron
  • Candela
  • Lumenis Ltd
  • Alcon Laboratories Inc.
  • Cutera Inc.
  • American Medical Systems
  • PhotoMedex Inc.
  • Biolitec AG
  • AngioDynamics Corp.
  • Novadaq Technologies Inc.
  • Coherent Inc.

    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

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    Key Market Trends:

    Semiconductor is Expected to Hold the Largest Revenue in the Products Segment

    The semiconductor segment held a maximum share in 2018, as these semiconductors are widely used in aesthetic procedures and photodynamic treatment. Furthermore, semiconductor laser systems offer the deepest penetration levels and superior melanin absorption. These unique characteristics make the semiconductor laser the most suitable technology for laser hair removal, hence enabling safe and effective treatment of all skin and hair types in all body areas.

    North America Region Holds the Largest Market Share of the Medical Laser Market Market Currently and is Believed to Follow the Same Trend Over the Forecast Period

    The North American medical laser market dominated the global market and is estimated to show a similar trend during the forecast period. The increasing preference for cosmetic procedures and high adoption rate of novel technologies are the primary factors behind large market size.

    Asia-Pacific is expected to grow at a rapid pace over the forecast period, owing to the increasing healthcare expenditure, rising awareness, and trend of medical tourism in the developing economies of the region.

    The Report Covers:

    • Comprehensive research methodology of Medical Laser market
    • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
    • Analysis of regional regulations and other government policies impacting the global sleep aid market
    • Insights about market determinants which are stimulating the global Medical Laser market
    • Detailed and extensive market segments with regional distribution of forecasted revenues
    • Extensive profiles and recent developments of market players Companies Mentioned

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    Detailed TOC of Medical Laser Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Rising Preference for Minimally Invasive Procedures
    4.2.2 Increasing Incidences of Eye Disorders
    4.2.3 Increase in the Number of Cosmetic Procedures
    4.3 Market Restraints
    4.3.1 High Installation Costs
    4.3.2 Stringent Safety Regulations
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product Type
    5.1.1 Solid State Laser Systems
    5.1.1.1 Holmium Yttrium Aluminum Garnet Laser (Ho:Yag) Systems
    5.1.1.2 Neodymium Yttrium Aluminum Garnet Laser (Nd:Yag) Systems
    5.1.1.3 Potassium Titanyl Phosphate Laser Systems
    5.1.1.4 Ruby Laser Systems
    5.1.1.5 Other Solid State Laser Systems
    5.1.2 Gas Laser Systems
    5.1.2.1 CO2 Laser Systems
    5.1.2.2 Argon Laser Systems
    5.1.2.3 Krypton Laser Systems
    5.1.2.4 Other Gas Laser Systems
    5.1.3 Dye Laser Systems
    5.1.4 Semiconductor Laser Systems
    5.2 By Application
    5.2.1 Ophthalmology
    5.2.2 Dermatology
    5.2.3 Gynecology
    5.2.4 Dentistry
    5.2.5 Urology
    5.2.6 Cardiovascular
    5.2.7 Cosmetics
    5.2.8 Other Applications
    5.3 Geography
    5.3.1 North America
    5.3.1.1 US
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 UK
    5.3.2.3 France
    5.3.2.4 Italy
    5.3.2.5 Spain
    5.3.2.6 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 South Korea
    5.3.3.6 Rest of Asia-Pacific
    5.3.4 Middle East & Africa
    5.3.4.1 GCC
    5.3.4.2 South Africa
    5.3.4.3 Rest of Middle East & Africa
    5.3.5 South America
    5.3.5.1 Brazil
    5.3.5.2 Argentina
    5.3.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Bausch & Lomb Incorporated.
    6.1.2 Koninklijke Philips NV
    6.1.3 IRIDEX Corporation
    6.1.4 Biolase Inc.
    6.1.5 Syneron-Candela
    6.1.6 Lumenis Ltd
    6.1.7 Alcon Laboratories Inc.
    6.1.8 Cutera Inc.
    6.1.9 American Medical Systems
    6.1.10 PhotoMedex Inc.
    6.1.11 Biolitec AG
    6.1.12 AngioDynamics Corp.
    6.1.13 Novadaq Technologies Inc.
    6.1.14 Coherent Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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    Name: Ajay More

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