Insights on Laser Surgical Equipment Market Revenue to Upswing US$ 3.4 Bn by 2028: Industry Size, Trends, Forecast, Share, Research Report by Reports and Insights

The global laser surgical equipment market in 2020 is estimated for more than US$ 2.3 Bn and expected to reach a value of US$ 3.4 Bn by 2028 with a significant CAGR of 5.2%.

The report is titled as Laser Surgical Equipment Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the laser surgical equipment market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Laser surgical equipment market is expected to grow with significant rate in the near future.

The global laser surgical equipment market in 2020 is estimated for more than US$ 2.3 Bn and expected to reach a value of US$ 3.4 Bn by 2028 with a significant CAGR of 5.2%.

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Laser Surgical Equipment Introduction

Laser surgical equipment or surgical lasers are medical instruments that use light beams in place of a scalpel for incision or treat tissue. The laser surgical equipment or surgical laser commonly serves its utility in eye surgery to reshape the cornea or to fix vision. The laser surgical equipment can also be used to eradicate birthmarks, tattoos, and wrinkles. Laser surgery is considered much safer than usual surgery as it involves no physical contact and any other kind of incision, thereby phasing out the risk of infection.

LASER basically stands for “Light Amplification by the Stimulated Emission of Radiation” which was first developed back in 1960. The latest innovations and modifications in the laser technologies are constantly having a huge impact on surgical and medical procedures. A massive part of their impact has been observed in the treatment of various skin diseases and lesions. Lasers serve its applications in several different kinds of surgeries in the healthcare sector including oncology, laparoscopic surgeries, dermatology, cardiology, and ophthalmology among others.

A general surgeon employs various laser delivery systems and laser wavelengths to remove, vaporize and incision tissue. There are several different varieties of laser beams that are available in market in different colors as well as uses, including neodymium: yttrium-aluminum-garnet argon, diode, and carbon dioxide.

Laser Surgical Equipment Market Dynamics

The rapid advancements in the healthcare technologies in the past few decades is one of the major drivers that is propelling the growth of the global laser surgical equipment market. These medical lasers use precise light beams to treat or remove any tissues and thus, it required no incision and physical contact. It serves its utility in a number of applications, including dermatology, ophthalmology, dentistry, gynecology, cardiovascular, urology, and many others.

Furthermore, these lasers are employed in various surgical procedures such as general surgery, refractive eye surgery, cosmetic surgery, and dental procedures. Owing to which, the global laser surgical equipment market is estimated to witness substantial growth in the forthcoming years.

However, the stringent regulations with regard to approval of surgical lasers as well as high costs of treatment are few factors which may act as a restraint for further growth of the global laser surgical equipment market in the near future. Nevertheless, the increasing funding as well as public-private investments is likely to give a positive push to the growth of the global laser surgical equipment market in the coming years.

Laser Surgical Equipment Market Key Players

Some of the key participating players in global laser surgical equipment market are

    DEKA

    Ellex Medical Laser Limited

    HOYA Corporation

    Johnson & Johnson Surgical Vision, Inc.

    klsmartin

    Lumenis

    Valley Surgical

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Laser Surgical Equipment Market Segmentation

The global laser surgical equipment market is segmented on the basis of laser type, application, and region.

By Laser Type

    Carbon Dioxide (CO2) Lasers

    Argon Lasers

    Nd:YAG (Neodymium: Yttrium-Aluminum-Garnet) Lasers

    Other Laser Types

By Application

    Angioplasty

    Cardiovascular Surgery

    Cancer Diagnosis & Treatment

    Dentistry

    Cosmetics

    Lithotripsy

    Urology

    Medical Imaging

    Ophthalmology

    Other Applications

By Region

    North America

    Latin America

    Europe

    Asia Pacific

    Middle East

    Africa

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