1 / 18

Medical Laser Systems Market Analysis (2020-2027)

Read here the market research report on the u201cMedical Laser Systems Market" published by CMI Team

kunalbhuta
Télécharger la présentation

Medical Laser Systems Market Analysis (2020-2027)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker

  2. MEDICAL LASER SYSTEMS MARKET ANALYSIS (2020-2027) • Medical Laser Systems Market, By Product Type (Diode Lasers, Solid State (Crystal), Gas Lasers, Dye Lasers), By Application (Dermatology, Ophthalmology, Gynecology, Urology, Dentistry, Cardiovascular, Others (Gastroenterology, Rheumatology, Traumatology)), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

  3. Medical lasers are medical devices that use precisely focused light sources to treat or remove tissues. Medical laser systems are used in several surgical procedures such as cosmetic surgery, refractive eye surgery, dental procedures, and general surgery such as tumor removal, cataract removal, breast surgery, plastic surgery and most other surgical procedures. Statistics: The global medical laser systems market is estimated to account for US$ 5,884.3 Mn in terms of value by the end of 2027.

  4. Global Medical Laser Systems Market: Drivers Increasing prevalence of ophthalmic disorders is expected to propel growth of the global medical laser systems market over the forecast period. For instance, according to the study, ‘The national and subnational prevalence of cataract and cataract blindness in China: a systematic review and meta-analysis’, published in the Journal of Global Health in June 2018, the prevalence of any cataract ranged from 6.71% in people aged 45-49 years to 73.01% in elderly aged 85-89 years in males. Moreover, increasing aesthetic appeal is also expected to aid in growth of the market. For instance, according to a 2018 survey by American Society of Plastic Surgeon, around 594,266 laser skin resurfacing procedures were performed in the U.S.

  5. Statistics: North America held dominant position in the global medical laser systems market in 2019, accounting for 35.2% share in terms of value, followed by Europe and Asia Pacific, respectively

  6. Figure 1: Global Medical Laser Systems Market Share (%) Value, By Region, 2019

  7. Global Medical Laser Systems Market: Restraints • Stringent regulations are expected to hinder growth of the market. Exposure of the human body to certain lasers may result in damage to the eyes and skin. This vulnerability of the human body to some lasers has resulted in evolution of a variety of laser safety standards including Federal Regulations, State Regulations and non-regulatory standards. Z136 series of laser safety standards by the American National Standards Institute is the most commonly used standard for the healthcare sector. • Moreover, high failure rates and adverse effects are also expected to limit the market growth. Laser treatment has high failure rates and may lead to irreversible side effects such as dry eyes, over correction or under correction, double vision, epithelium erosion, and glare.

  8. Global Medical Laser Systems Market: Opportunities • Increasing prevalence of diabetes is expected to offer lucrative growth opportunities for players in the global medical laser systems market. For instance, according to the study, “Global and regional diabetes prevalence estimates for 2019 and projections for 2030 and 2045: Results from the International Diabetes Federation Diabetes Atlas, 9th edition”, published in the journal Diabetes Research and Clinical Practice, in September 2019, 463 million people are expected to suffer from diabetes in 2019 worldwide and the number is expected to reach 578 million by 2030 and 700 million by 2045. • Moreover, expansion in new regions is also expected to aid in growth of the market. For instance, in May 2020, LTB Lasertechnik Berlin GmbH established LTB Laser Technologies, Inc. in California, U.S. to expand its presence in North America.

  9. Statistics: The global medical laser systems market was valued at US$ 2,284.7 Mn in 2019 and is forecast to reach a value of US$ 5,884.3 Mn by 2027 at a CAGR of 12.6% between 2020 and 2027.

  10. Figure 2: Global Medical Laser Systems Market Value (US$ Mn), 2016 – 2027

  11. Market Trends/Key Takeaways • Major players in the market focused on adopting M&A strategies to expand their product portfolio. For instance, in November 2019, ELT Sight, Inc. acquired the IP and assets of MLase AG’s excimer ophthalmic laser system for glaucoma surgery. • Major players in the market are also focused on product launch to expand their product portfolio. For instance, in October 2018, Alcon Inc. launched software and hardware enhancements to the WaveLight Refractive Suite. The new software updates enhance the graphical user interface of the Suite's WaveNet Planning Station, EX500 Excimer Laser, and the FS200 Femtosecond Laser.

  12. Global Medical Laser Systems Market: Competitive Landscape • Major players operating in the global medical laser systems market include, Abbott Medical Optics, Inc., Alcon Inc. (Novartis AG), Bausch & Lomb Incorporated, LENSAR, Inc., NIDEK CO., LTD, iVIS Technologies, ZEISS International, Ziemer Ophthalmic Systems AG, Ra Medical Systems, Inc., SCHWIND Eye-Tech-Solutions GmbH & Co. KG, Crystal Laser Systems GmbH, Excel Technologies Inc., Elforlight Ltd., LTB Lasertechnik Berlin GmbH, Quanta System Inc., Quantel Laser (Lumibird), DEKA M.E.L.A. srl, Fotona, LLC, Syneron Medical Ltd., and Radiant Dyes Laser & Accessories.

  13. Global Medical Laser Systems Market: Key Developments • Major players in the market are focused on adopting partnership strategies to enhance their market share. For instance, in January 2020, DEKA M.E.L.A. srl entered into an exclusive distribution agreement with Cartessa Aesthetics to market its aesthetic platform device, Luxea, a multi-modality intense pulsed light and laser platform system, in the U.S. • Major players in the market are also focused on expanding their presence in new regions to enhance their market share. For instance, in October 2019, Lumibird started its Canadian subsidiary Lumibird Canada in Ottawa.

  14. Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst • Buy Now Reference: https://www.coherentmarketinsights.com/market-insight/medical-laser-systems-market-3922

  15. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  16. Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

  17. Thank You! Kindly follow CMI Social Media Profiles for the latest company updates Facebook Linkedin Twitter https://www.coherentmarketinsights.com/

More Related