Medical Laser Systems Market To Reach USD 4148.8 Million By 2026
Market Summary Rising prevalence of eye-related disorders, rising number of patients using advanced laser-based treatments, and the increasing importance of aesthetics are key factors contributing to high CAGR during the forecast period. Market Size – USD 1709.6 Million in 2018, Market Growth - CAGR of 12.2%, Market Trends – Development of technologically advanced systems. According to the current analysis of Reports and Data, the global Medical Laser Systems market was valued at USD 1709.6 Million in 2018 and is expected to reach USD 4148.8 Million by the year 2026, at a CAGR of 12.2%. The primary factor driving the growth of this industry is technological advancements. The latest advancements in technology have led to an increase in the number of its applications in the medical industry. These advancements have benefits such as small incisions, decrease in the intensity of pain and fast recovery after any surgical procedure. Further key findings from the report suggest : • • •
Dental application segment is anticipated to grow at a CAGR of 11.9%. Medical devices are extensively used in dentistry for the treatment of tooth decay, gum diseases, and biopsy Solid state devices are projected to witness lucrative development due to technological advancements and increasing application in the diagnostic field Asia Pacific is expected to account for 19.7% of the global Medical Laser Systems industry. Developing nations such as China and India are likely to witness high growth www.reportsanddata.com
Key Players: Alcon Laboratories, AngioDynamics, American Medical Systems, Biolase, Bausch & Lomb Holdings, and Cardiogenesis Corporation among others Segmentation: • Type (Revenue, USD Million; 2016–2026), Solid state laser systems, Holmium Yttrium Aluminum Garnet , Laser Systems, Erbium Yttrium Aluminum Garnet Laser , Systems, Neodymium Yttrium Aluminum Garnet , Laser Systems, Potassium Titanyl Phosphate Laser , Systems, Alexandrite Laser Systems, Ruby Laser Systems, Gaseous state laser systems, Co2 Laser Systems, Argon Laser Systems, Krypton Laser Systems, Metal Vapor Laser Systems, Helium – Neon Laser Systems, Excimer Laser Systems, Dye Laser Systems, Diode Laser Systems • Application (Revenue, USD Million; 2016–2026), Ophthalmology, Dermatology, Gynecology, Dentistry, Urology, Cardiovascular, Others • End Use (Revenue, USD Million; 2016–2026), Surgical, Cosmetic, Dental www.reportsanddata.com
Regional Medical Laser Systems Market (Regional Output, Demand & Forecast by Countries):• North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.
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Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market
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