Medical Laser Market 2020 By Regional Trend & Growth Forecast To 2025
Category: #headlines  By Ronak Bora  Date: 2020-07-13
  • share
  • Twitter
  • Facebook
  • LinkedIn
Medical Laser Market 2020 By Regional Trend & Growth Forecast To 2025

According to the latest research report, the global medical laser market is expected to record 14.7% CAGR during the forecast period 2019-2025.

Growing concerns among people regarding aesthetics across developing as well as developed countries is expected to drive medical laser market growth over the forecast period. Nowadays, medical lasers are widely used in several disciplines of medical treatment.

These lasers are increasingly being used to perform numerous surgical procedures including cosmetic surgery as people are increasingly opting for cosmetic surgeries to enhance appearance. Surging adoption of cosmetic surgeries across the globe would increase advanced medical laser system demands.

Request for a sample copy of this report @ https://www.decresearch.com/request-sample/detail/4417

Meanwhile, improvements in healthcare institutions coupled with the surging medical tourism trend in developing nations would likely further support the market growth. Additionally, favorable reimbursement policies designed for several laser procedures would generate lucrative opportunities of growth for industry players, fueling the business growth.

With growing significance of surgical procedures in peoples lifestyles, GMI, Inc., predicts that the medical laser market may surpass USD 10 billion valuations by 2025.

Based on the application, the urology segment is expected to witness growth at a rate of over 16% CAGR over the projected period. Rising prevalence of bladder tumors, benign prostate hyperplasia, kidney stones, as well as other urological diseases across the world would stimulate medical laser demand for treatment of complex and routine urological conditions.

Technology advancements in Benign Prostatic Hyperplasia (BPH) and lithotripsy treatments would further favor business expansion in the forthcoming time.

Hospitals, specialty clinics, and ambulatory surgical centers are the end-users of medical laser systems. Out of which, ambulatory surgical centers provide minimally invasive surgeries which require a significantly quicker recovery time and smaller hospital stay. Rising inclination of patients towards ASCs for a varied array of laser procedures like eye surgeries would benefit segment growth in the forthcoming years. According to reports, the ambulatory surgical center segment held more than 15% revenue share in 2018 and is expected to witness substantial growth over the forecast period.

On the geographical front, APAC is expected to offer lucrative growth opportunities for the medical laser market. High-quality and cost-effective treatments offered in nations like South Korea, India, and Malaysia are attracting international patients for numerous surgical procedures.

Request for customization @ https://www.decresearch.com/roc/4417

Key players working in the medical laser market landscape include Alcon, American Medical Systems, Koninklijke Philips, Bausch & Lomb, Lumenis, Fotona, Sisram, and Cynosure. Industry participants are involved in several inorganic strategies like acquisitions, mergers, and partnerships and rolling out innovative products to garner a major market share.

Partial Chapter of the Table of Content

Chapter 2. Executive Summary

2.1. Medical laser industry 3600 synopsis, 2014 - 2025

2.1.1. Business trends

2.1.2. Product trends

2.1.3. Application trends

2.1.4. End-use trends

2.1.5. Regional trends

Chapter 3. Medical Laser Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2014 – 2025 (USD Million)

3.3. Industry impact forces

3.3.1. Growth drivers

3.3.1.1. Rising demand for minimally invasive surgical procedures

3.3.1.2. Technological advancement in medical lasers systems

3.3.1.3. Increasing demand for aesthetic treatments

3.3.1.4. Growing medical tourism in developing countries

3.3.2. Industry pitfalls & challenges

3.3.2.1. High installation costs

3.3.2.2. Stringent safety regulations

3.4. Growth potential analysis

3.4.1. By product

3.4.2. By application

3.4.3. By end-use

3.5. Porter’s Analysis

3.6. Regulatory Landscape

3.7. Competitive landscape, 2018

3.7.1. Strategy dashboard

3.8. PESTEL analysis

Browse full table of contents (TOC) of this report @ https://www.decresearch.com/toc/detail/medical-laser-market

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

Read More >>

More News By Ronak Bora

Refinery Catalyst Market Share, Analysis, demand worldwide, Competitive Analysis by 2025
Refinery Catalyst Market Share, Analysis, demand worldwide, Competitive Analysis by 2025
By Ronak Bora

Refinery catalysts market from oil & gas industry plays a noteworthy role over the forecast year. The increasing number of oil & rigs will increase the refined petroleum products which will further propel the refinery catalyst market by ...

Defoamers Market: What are the major product segment to drive market growth?
Defoamers Market: What are the major product segment to drive market growth?
By Ronak Bora

Defoamers Market is expected to display a remarkable growth over the next few years, driven by its wide applications across pulp & paper, water treatment, food & beverages, and paints & coating sectors. Global pulp & paper sector, who...

Tartaric Acid Market Size 2020 Global Industry Trends, Analysis | Region-Forecast To 2024
Tartaric Acid Market Size 2020 Global Industry Trends, Analysis | Region-Forecast To 2024
By Ronak Bora

Growing demand for wine throughout the world is an instrumental factor driving the tartaric acid market over the forecast spell. Tartaric acid has a sensational flavor which relinquishes a substantial flavor to wine which is strongly preferred by the...