Surgical Lasers Market: Overview
Global surgical lasers market is expected to witness significant growth due to factors such as technological advancements and increasing demand for less invasive surgeries.
The carbon dioxide (CO2) based lasers are anticipated to be fastest growing segment in the surgical lasers market owing to the availability of advanced CO2 surgical lasers. The laparoscopic surgery segment is expected to lead the surgical lasers market. The growth of this segment can be owning to the growing awareness among patient, procedural benefits of this surgery and demand for minimally invasive procedures. The urology segment is projected to be fastest growing.
The growth of this segment can be attributed to the increasing prevalence of urological disorders such as renal cancer, kidney stones and prostate enlargement.
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Surgical Lasers Market: Dynamics
The growth of the global surgical lasers market is driven by technological advancements of surgical lasers, increasing prevalence of targeted diseases, prevalence of chronic diseases, and high prevalence of ophthalmic disorders.
In addition, increasing demand for minimally invasive surgeries is also one of the major factor responsible for the growth of surgical lasers market. High procedural costs and limited medical reimbursements are factors restraining the growth of surgical lasers market. Safety concerns associated with the use of surgical lasers is also one of the key challenging factors.
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Surgical Lasers Market: Region Wise Outlook
Geographically, surgical lasers market is segmented into seven regions, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. North America is the most attractive surgical lasers market.
Increasing prevalence of chronic diseases, use of innovative surgical methods by the healthcare professionals, significant medical reimbursement policies and the large number of cosmetic laser equipment manufacturers are the major driving factors for the growth of surgical lasers market in this region. Followed by which is Europe.
However, Asia-Pacific market is expected to be fastest growing surgical lasers market. Factors such as the presence of a large patient population for target diseases, increasing geriatric population and rising awareness among healthcare professionals regarding the benefits of surgical lasers are driving the growth of surgical lasers market.
Surgical Lasers Market: Key Market Participants
Some of the market participants in the global surgical lasers market are Lumenis, Cynosure, Inc., Boston Scientific Corporation, Spectranetics Corporation, Biolitec AG, and BISON MEDICAL Co. Ltd.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
The research report provides analysis and information according to market segments such as geographies, application, and industry.
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Surgical Lasers Market: Segmentation
The global surgical lasers market has been segmented on the basis of the laser type, procedure type, application, end user and region.
On the basis of laser type:
- Carbon dioxide (CO2) laser
- Argon laser
- Diode Lasers
- Neodymium: Yttrium-Aluminum-Garnet (Nd:YAG) Laser
- Other Lasers
On the basis of procedure type:
- Open surgery
- Percutaneous surgery
- Laparoscopic surgery
On the basis of application:
- Ophthalmology
- Dermatology
- Gynecology
- Cardiology
- Oncology
- Dentistry
- Urology
- Other Applications
On the basis of end user:
- Hospitals
- Clinics
- Others
By Region
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
- Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
- Asia Pacific Excluding Japan (China, India, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, Rest Of MEA)