Global Medical Laser Systems Market (by Product Type, Application, End User, & Region): (2022-2026)

In the report, the global medical laser systems market is divided into four regions: North America, Europe, Asia Pacific and ROW.
By: Koncept Analytics
DELHI, India - Sept. 14, 2023 - PRLog -- Laser therapy can be described as a medical procedure that involves cutting, burning, or dissolving tissue with a powerful laser beam. An intrusive, high-intensity light source known as a medical laser can be used to treat tissue and hasten recovery without leaving scars or discolouration.

Due to the increased demand for aesthetic laser procedures in developing nations, the market for medical laser systems is anticipated to grow. Aesthetic treatments include acne prevention, body contouring, dermal resurfacing, and other operations cost an estimated US$13 billion, according to the American Society for Aesthetic Plastic Surgery (ASAPS). The global medical laser systems market is anticipated to reach US$3.86 billion in 2023, growing at a CAGR of 14.47% during the forecast period.

Top Impacting Factors:

Growth Drivers
  • Rising Prevalence of Cardiovascular Diseases  
  • Increasing Old Age Population
  • Increasing Cosmetic Treatments
  • Increase in Healthcare Expenditure  

  • Stringent Safety Regulations
  • High Costs Involved

  • Use of AI in Healthcare
  • Growing Demand for Minimally Invasive and Outpatient Treatments
  • New Product Launches  
  • Technological Advancements in Laser Systems

The COVID-19 Analysis:

The COVID-19 pandemic has emerged as the world's most pressing concern. Because the pandemic has put a strain on healthcare systems all across the world, prioritizing scarce resources was critical to reducing hospital admissions. As a result, most hospitals and surgical centers considered cancelling or delaying elective surgeries, throughout the healthcare field, including the dermatology, ophthalmology, gynecology, dentistry, cardiology and urology.

Analysis of Key Players:

The global medical laser systems market is fragmented. Market players have implemented sustainable growth techniques in the market. Companies like Iridex Corporation, Lumenis Be Ltd., Candela Medical, BIOLASE, Inc., Alcon Inc., and Iridex Corporation have implemented numerous strategies that have aided the company's growth and, as a result, have brought about significant market changes. The key players of the global medical laser systems market are:
  • Stryker Corporation
  • Boston Scientific Corporation
  • BIOLASE, Inc
  • Bausch + Lomb Corporation
  • Cynosure Inc
  • Iridex Corporation
  • Artivion, Inc
  • Nova Eye Medical Ltd. (AlphaRET)
  • Candela Medical
  • Alcon Inc.

For more Information:

Koncept Analytics

Vikas Gupta

(Business Development Manager)

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Vikas Gupta
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