LAS VEGAS, Oct. 17, 2017 (GLOBE NEWSWIRE) — The global surgical lasers market is expected to be around $3 billion by 2025. This can be primarily attributed to number of factors such as the rising incidence of chronic disorders coupled with rapidly aging population, rise in number of ophthalmic disorders, and growing demand for less invasive surgical procedures for the treatment of these disorders. In addition to this, ongoing technological innovations in the field of medical lasers will further contribute to the market growth. However, high cost of laser assisted surgical procedures will hamper the market growth.
Major Key Player
Spectranetics Corporation Inc.
IPG Photonics Corporation
Boston Scientific Corporation
Jena Surgical GmbH
Gebrüder Martin GmbH & Co. KG
Abbott Laboratories Inc.
Surgical Lasers Inc.
Product Type Outlook and Trend Analysis
On the basis of product type, the CO2 laser market is projected to grow at a significant CAGR during the forecast period. This high growth rate can be attributed to the development of technologically advanced cosmetic laser treatment methods and easy availability of these lasers.
Procedure Outlook and Trend Analysis
The laparoscopic surgery segment occupied major share of the global market in 2016 and is projected to dominate the market throughout the forecast period. This high share can be attributed to number of driving factors such growing patient awareness, increase in demand for less invasive procedures, and benefits of laparoscopic surgeries.
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Surgical Lasers Market Segmentation:
By Product Type:
- Nd:YAG Lasers
- Diode Lasers
- CO2 Lasers
- Argon Lasers
- Other Surgical Lasers
- Open Surgery
- Laparoscopic Surgery
- Percutaneous Surgery
- Other Applications
By End User:
- Ambulatory Surgery Centers (ASCs)
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Table of Contents :
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
18.104.22.168. Rising Incidence of Chronic Disorders
22.214.171.124. Rise in Number of Ophthalmic Disorders
126.96.36.199. Growing Demand for Less Invasive Surgical Procedures
188.8.131.52. High Cost of Laser Assisted Surgical Procedures
184.108.40.206. Emerging Markets to Offer Lucrative Growth Opportunities
4.Surgical Lasers Market, By Application
5.Surgical Lasers Market, By Region
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