Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.3 Billion | USD 6.45 Billion | 12.15% | 2021 |
FrequentlyAsked Questions
The global pulmonology lasers market is expected to grow owing to the rapid increase in the number of patients suffering from respiratory conditions that when left untreated can lead to serious conditions. The reasons for the increasing cases are multifold. One of the main reasons is the growth in hazards resulting from the occupation of patients.
According to Zion Market Research, the global pulmonology lasers market size was worth around USD 4.3 billion in 2021 and is predicted to grow to around USD 6.45 billion by 2028 with a compound annual growth rate (CAGR) of roughly 12.15% between 2022 and 2028.
The global pulmonology lasers market is projected to be led by North America during the forecast period because of the advanced medical infrastructure in the region along with the high prevalence and awareness of respiratory disorders. The high per capita income capacity of the population in countries like Canada, and the US may also aid regional market growth.
The global pulmonology lasers market is dominated by players like Richard Wolf, Quanta System, Cook Medical, Convergent Laser Technologies, Hyper Photonics, Olympus Corporation, Edap Tms, Jena Surgical, Potent Medical, and Lumenis.
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