Global Market for Medical Lasers is expected to reach $12.98 billion by 2022; Finds New Report

Global market for Medical Lasers accounted for $4.94 billion in 2015 and is expected to grow at a CAGR of 14.8% to reach $12.98 billion by 2022. Technological advancements in laser technology have created excessive applications in the medical field. Factors such as smaller incisions, less pain and speedy recovery are boosting the technology adoption. Some of the significant factors contributing to the market growth include aging population, rising incidences of eye disorders and increasing importance of aesthetics. However factors such as stringent safety regulations and high rate of failure are inhibiting the market growth. The increasing demand for laser treatments and increased disposable incomes in emerging economies will create opportunities for medical lasers market. The medical lasers are used in wide range of applications such as diagnostics and cosmetic procedures.

Among the product types, solid state laser systems segment is expected to grow at the highest CAGR during the forecast period due to its usage in applications such as tattoo removal, periodontology and skin treatment. North America has the largest share in this market followed by Europe, where as Asia Pacific will be the fastest growing market during the forecast period due to rise in disposable income and increasing healthcare expenditure, mainly in China and India.

Some of the prominent players in the medical lasers market are Alcon Laboratories, Inc., Lumenis, Spectranetics, IRIDEX, Syneron Medical, AngioDynamics Corp., Photomedex, Biolase Inc, Cardiogenesis Corporation, American Medical Systems, Inc., Bausch & Lomb Holdings, Inc, Ellman International, Palomar, A.R.C. LASER and Dornier MedTech.

Products Covered:

• Diode Laser

• Dye Laser

• Solid state lasers

Alexandrite lasers

Erbium Yttrium Aluminum Garnet Laser (Er:Yag) Systems

Holmium Yttrium Aluminum Garnet Laser (Ho:Yag) Systems

Neodymium Yttrium Aluminum Garnet Laser (Nd:Yag) Systems

Potassium Titanyl Phosphate Laser Systems

Ruby lasers

• Gas lasers

Argon laser

Co2 laser

Excimer laser

Helium-Neon laser

Krypton laser

Metal Vapor (Au & Cu) laser

Applications Covered:

• Cardiology

• Dentistry

• Dermatology

• Gynecology

• Ophthalmology

• Urology

• Other Applications

Regions Covered:

• North America

US

Canada

Mexico

• Europe

Germany

France

Italy

UK

Spain

Rest of Europe

• Asia Pacific

Japan

China

India

Australia

New Zealand

Rest of Asia Pacific

• Rest of the World

Middle East

Brazil

Argentina

South Africa

Egypt

What our report offers:

- Market share assessments for the regional and country level segments

- Market share analysis of the top industry players

- Strategic recommendations for the new entrants

- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets

- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

- Strategic recommendations in key business segments based on the market estimations

- Competitive landscaping mapping the key common trends

- Company profiling with detailed strategies, financials, and recent developments

- Supply chain trends mapping the latest technological advancements

Spanning over 152 pages and 130 Tables “Medical Lasers System - Global Market Outlook (2016-2022)” report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Medical Lasers System Market, By Product, Global Medical Lasers System Market, By Application, Global Medical Lasers System Market, By Geography, Key Developments, Company Profiling.

For more information Visit at: http://mrr.cm/3y4

Related Reports;

Injectable Drug Delivery - Global Market Outlook (2016-2022) - Visit at - http://mrr.cm/3yJ

Active Pharmaceutical Ingredients - Global Market Outlook (2016-2022) - Visit at - http://mrr.cm/3y3