Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.08 Billion | USD 5.32 Billion | 6.37% | 2023 |
The global surgical lasers market size was worth around USD 3.08 billion in 2023 and is predicted to grow to around USD 5.32 billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.37% between 2024 and 2032.
Global Surgical Lasers Market: Overview
The surgical lasers use a light beam in order to remove the diseased tissues or to treat the bleeding blood vessels. In order to shrink the tissues or to treat the tissues, the laser beams are focused on the cells so that they are heated thus making them burst. There are a variety of laser beams available; they are available in different colors and each color has a different use. The light beam color determines the color of the tissue that is being treated.
Global Surgical Lasers Market: Growth Factors
Some of the major factors that are contributing to the surgical lasers market are the growing prevalence of targeted diseases, the increasing cases of ophthalmic disorders, developments that are made in surgical lasers, and the increasing prevalence of chronic diseases. The key factor that is contributing to the surgical laser market is the increasing demand for minimally invasive surgeries. The factors that will limit the growth of the market in the coming years are limited medical reimbursement policies, the high cost of the surgery, and the safety concerns that are associated with the use of surgical lasers.
Global Surgical Lasers Market: Segmentation
The surgical laser market is globally fragmented into laser type, procedure type, application, and end user.
Based on the laser type, the global market is segregated into argon laser, neodymium: yttrium-aluminum-garnet (Nd:YAG) laser, diode lasers, carbon dioxide laser, and others.
Based on the procedure type, the market is categorized into percutaneous surgery, open surgery, and laparoscopic surgery. Based on the application, the market is divided into urology, oncology, gynecology, ophthalmology, dermatology, cardiology, dentistry, and others. Based on the end user, the market is bifurcated into clinics, hospitals, and others.
Surgical Lasers Market: Report Scope
Report Attributes | Report Details |
---|---|
Report Name | Surgical Lasers Market |
Market Size in 2023 | USD 3.08 Billion |
Market Forecast in 2032 | USD 5.32 Billion |
Growth Rate | CAGR of 6.37% |
Number of Pages | 240 |
Key Companies Covered | Boston Scientific Corporation, Biolitec AG, Cynosure, Inc., Bison Medical Co. Ltd., Lumenis, Spectranetics Corporation, and others. |
Segments Covered | By Laser Type, By Procedure Type, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Global Surgical Lasers Market: Regional Analysis
Regional diversification of the surgical lasers market is given as follows Asia Pacific, Latin America, the Middle East & Africa, Western Europe, Eastern Europe, and North America. The most opportunistic market for surgical lasers is North America. The major factors that are driving the surgical laser market are the increase in the use of innovative surgical methods by healthcare experts, the growing number of cases of chronic diseases, the increasing number of manufacturers that are involved in cosmetic laser equipment, and a considerable number of medical reimbursement policies.
The regions that are following North America in the growth of the surgical lasers market are Europe and Asia Pacific. The market in the Asia Pacific region is growing speedily. The factors that contribute to the growth of the market in the Asia Pacific region are the large population base, the increasing aging population, and the increasing awareness among healthcare professionals regarding the advantages of surgical lasers.
The global surgical lasers market is dominated by players like:
The global surgical lasers market is segmented as follows;
By Laser Type Segment Analysis
By Procedure Type Segment Analysis
By Application Segment Analysis
Regional Segment Analysis
What Reports Provide
FrequentlyAsked Questions
Surgical lasers are focused beams of light used by surgeons to cut, vaporize, or coagulate tissue during minimally invasive procedures.
According to a study, the global surgical lasers market size was worth around USD 3.08 billion in 2023 and is expected to reach USD 5.32 billion by 2032.
The global surgical lasers market is expected to grow at a CAGR of 6.37% during the forecast period.
North America is expected to dominate the surgical lasers market over the forecast period.
Leading players in the global surgical lasers market include Boston Scientific Corporation, Biolitec AG, Cynosure, Inc., Bison Medical Co. Ltd., Lumenis, and Spectranetics Corporation, among others.
The surgical lasers market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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