This report contains most up to date market information with which companies can have in depth analysis of ABC industry and future trends. With the market statistics mentioned in the Surgical Lasers report, it has become possible to get global perspective for the international business. By knowing the marketing strategies of rivals, businesses can set up pioneering ideas and striking sales targets which ultimately make them achieve competitive advantage over its competitors. Thus, the Surgical Lasers market report acts as an imperative tool to have increments in business activities, qualitative work done and enhanced profits.
The Global surgical lasers market was valued at USD 6.10 billion in 2021 and is expected to reach USD 14.68 billion by 2029, registering a CAGR of 11.6% during the forecast period of 2022-2029. The "carbon dioxide (CO2) lasers" accounts for the type pathogen segment in the surgical lasers market within the forecasted period owing to the ongoing technological advancements in cosmetic laser treatment and the widespread availability of innovative CO2-based surgical lasers. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Market Overview:
The growing advancements in applications, such as dermatology and dentistry, ophthalmology, have aided the demand for surgical lasers in the medical industry, thereby driving the market's growth across the globe. Moreover, the surgical lasers market is largely influenced by the surging focus of key players towards technological advances, and the players are indulging in collaboration and partnerships with other organizations. Consequently, the presence of various growth determinants aids the market to gain lucrative growth over the forecasted period.
Lumenis Be Ltd. (Israel), Cynosure (U.S.), Alma Lasers (Israel), Abbott (U.S.), Boston Scientific Corporation (U.S.) IPG Photonics Corporation (U.S.), Philips Healthcare (U.S.), Candela Corp (U.S.), Biolitec AG (Austria), Fotona (Slovenia), LUTRONIC (South Korea), Zeiss (Germany), Cutera (U.S.), Bausch Health(Canada), Koninklijke Philips N.V. (Netherlands), Alcon (Switzerland), Johnson Johnson Private Limited (U.S.) and BISON MEDICAL (South Korea) .
Surgical Lasers Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
• Surging Targeted Diseases
The rising prevalence of cancer and cardiovascular diseases and the growing base of patients suffering from the ophthalmic disorder are the leading factors driving the growth of this market. Growing preference for minimally invasive surgeries is also expected to accelerate the market's overall growth.
• Advantages of Surgical Lasers
Furthermore, surgical lasers only target the afflicted area and do not affect other parts of the body. Moreover, unlike traditional surgery, laser surgery does not leave scars or necessitate sutures after the procedure.
• Globalization of Healthcare
Furthermore, the expanding healthcare sector, rising personal disposable income, and the growth of the medical tourism industry owing to the globalization of the healthcare system is also expected to fuel market growth.
Moreover, the rising demand for medical treatment with better facilities at an affordable cost also cushions the market's growth within the forecasted period. The increasing number of the FDA approvals which expands dermatology applications such as skin rejuvenation, varicose vein treatment, acne, tattoo and pigmented lesions are also projected to bolster the growth of the market.
Opportunities
• Growing Acceptance and Awareness for Cosmetic Procedures
Moreover, the growing awareness about advanced aesthetic procedures are estimated to generate lucrative opportunities for the market. The rising advent of various innovations and research in healthcare to develop the technology will also aid in driving the growth of market. Rising acceptance and demand for advanced cosmetic procedures will further offer numerous growth opportunities for the market.
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TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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