Medical Laser Market Size to Hit USD 16.22 Billion by 2026
Pune, Maharashtra, India, September 9 2020 (Wiredrelease) Allied Analytics –:The Medical Laser Market was pegged at $6.94 billion in 2018 and is estimated to reach $16.22 billion by 2026, growing at a CAGR of 10.8% from 2019 to 2026. The report provides an extensive analysis of the market dynamics including drivers & restraints, major winning strategies, market size & projections, competitive landscape, and major segments.
Increase in the adoption of medical lasers for cosmetic surgeries, a rise in the incidence of various chronic diseases globally, and surge in technological advancements have supplemented the growth of the global medical laser market. Whereas, high cost of medical lasers and lack of acceptance of the new technology impede market growth. On the other hand, expanded applications of lasers across clinical areas are projected to provide lucrative opportunities in the near future.
Get detailed COVID-19 impact analysis on the Medical Laser Market
The global medical laser market is segmented into type, end-use, application and region. Based on type, the market is categorized into solid-state laser systems, gas laser systems, dye laser systems, and diode laser systems. The solid-state laser systems segment held the largest share in 2018, contributing to nearly two-fifths of the global medical laser market. However, the diode laser systems segment is projected to manifest the fastest CAGR of 13.6% during the forecast period.
Based on end-use, the market is divided into surgical, cosmetic and dental. The surgical segment is expected to register the fastest CAGR of 11.6% through 2026. On the other hand, the cosmetic segment accounted for the highest share in 2018, contributing to more than half of the global medical laser market.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/2549
The global medical laser market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The market across the North America region held the largest share in 2018, contributing to more than two-fifths of the revenue. However, the market across Asia Pacific is estimated to register the fastest CAGR of 12.3% during the forecast period.
Key market players analyzed in the research include Boston Scientific Corporation, IRIDEX Corporation, Ellex Medical Lasers Ltd., Syneron Medical Ltd., Novartis AG, Koninklijke Philips N.V., Bausch & Lomb Holdings, Inc, Biolase Inc, Lumenis Ltd, and CryoLife, Inc.
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Life Science Market: https://www.alliedmarketresearch.com/reports-store/life-sciences
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
This content has been published by Allied Analytics company. The WiredRelease News Department was not involved in the creation of this content. For press release service enquiry, please reach us at email@example.com.