LAS VEGAS, Oct. 18, 2017 (GLOBE NEWSWIRE) -- The global Medical Lasers Market is expected to be around $13 billion by 2025, due to rising incidence of eye related disorders coupled with rapidly aging population and growing preference for advanced laser based treatment procedures. Emerging economies are rapidly adopting laser based treatments owing to the increased disposable income of the population. About 500,000 to 700,000 healthcare professionals in the U.S. are using medical lasers for their procedures. Laser hair removal is one of the top five cosmetic procedures performed in a non-surgical manner. Also, rising gynecological applications and increased awareness about aesthetic appeal is set to drive the market growth over the forecast period. According to a survey conducted by the American Society for Aesthetic Plastic Surgery (ASAPS), Americans spent more than $15 billion on surgical and non-surgical aesthetic procedures in 2016.
Major Key Player
Bausch & Lomb Holdings
Spectranetics Corporation
IRIDEX Corporation
Cardiogenesis Corporation Inc.
Biolase Inc.
Syneron-Candela
Lumenis Ltd
Alcon Laboratories Inc.
Cutera Inc.
American Medical Systems
PhotoMedex Inc.
Biolitec AG
AngioDynamics Corp
Novadaq Technologies Inc.
CryoLife, Inc.
Coherent Inc.
Bioform Medical Inc.
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The global Medical Lasers Market is segmented as follows -
Medical Lasers Market Segmentation
By Product:
- Solid State Lasers
• Erbium Yttrium Aluminum Garnet (Er:Yag) Lasers
• Holmium Yttrium Aluminum Garnet (Ho:Yag) Lasers
• Potassium Titanyl Phosphate (KTP)
• Neodymium Yttrium Aluminum Garnet (Nd:Yag) Lasers
• Alexandrite Lasers
• Ruby Lasers - Gas Lasers
• Co2 Lasers
• Krypton Lasers
• Ruby Lasers
• Metal Vapor (Au & Cu) Lasers
• Argon Lasers
• Excimer Lasers
• Helium-Neon Lasers - Diode Lasers
- Dye Lasers
By Application:
- Gynecology
- Dermatology
- Dentistry
- Urology
- Ophthalmology
- Cardiology
- Others
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Table of Contents
- Introduction
- Executive Summary
- Market Overview
3.1.Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2.Market Share Analysis
3.3.Market Dynamics
3.3.1. Drivers
3.3.1.1.Rising demand In electronics & electrical industries
3.3.1.2.Increasing demand for renewable energy sources
3.3.1.3.Significant Investment in research & development activities
3.3.1.4.High esteemed mechanical properties
3.3.2. Restraints
3.3.2.1.Rising demand for boron nitride and inorganic nanotubes
3.3.2.2.High Production Cost
3.3.3. Opportunities
3.3.3.1.Technological Advancement in Healthcare market
3.4.Industry Trends - Medical Lasers Market By Product
- Medical Lasers Market By Application
- Medical Lasers Market By Region
- Company Profiles
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