According to a market report by Lucintel, the future of the surgical laser market looks promising with opportunities in the cardiology, dental, dermatology, gynaecology, ophthalmology, and oncology applications. The global surgical laser market is expected to grow with a CAGR of 5% to 7% from 2023 to 2028. The major drivers for this market are increasing prevalence of chronic diseases, technological advancements in surgical lasers, and increasing occurrence of targeted diseases.
In this market, carbon dioxide (CO2) lasers, argon lasers, Nd: YAG (Neodymium: Yttrium-Aluminum-Garnet) lasers, and diode lasers are the major segments of by product type. Lucintel forecasts that carbon dioxide (CO2) lasers will witness the highest growth over the forecast period due to ongoing technological advancements in cosmetic laser treatment, inexpensive nature of these surgical laser systems coupled with the accuracy of procedures, and the widespread availability of innovative CO2-based surgical lasers.
Within this market, urology is expected to be the highest growing segment by application due to the increasing occurrence of urological disorders such as kidney stone, prostate enlargement, and renal cancer globally and technological advancement leading towards minimally invasive urological surgeries.
North America will remain the largest region due to the presence of large number of cosmetic laser equipment manufacturers and the use of novel and advanced surgical technologies among healthcare professionals in this region.
Abbott Laboratories, Boston Scientific Corporation, Biolitec AG, Alma Lasers, Bison Medical, IPG Photonics Corporation, Lumenis, Fotona D.O.O., Cynosure, and Spectranetics Corporation are the major suppliers in the global surgical laser market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global surgical laser market by product type, procedure type, application, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Surgical Laser Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global surgical laser market by product type, procedure type, application, and region, as follows:
Surgical Laser Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
· Carbon Dioxide (CO2) Lasers
· Argon Lasers
· Nd: YAG (Neodymium: Yttrium-Aluminum-Garnet) Lasers
· Diode Lasers
· Others
Surgical Laser Market by Procedure Type [Value ($B) Shipment Analysis from 2017 to 2028]:
· Open Surgery
· Laparoscopic Surgery
· Percutaneous Surgery
Surgical Laser Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
· Cardiology
· Dental
· Dermatology
· Gynecology
· Ophthalmology
· Oncology
· Others
Surgical Laser Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
· North America
· Europe
· Asia Pacific
· The Rest of the World
A more than 150 pages and in-depth TOC on “Global Surgical Laser Market". To download report brochure, please go to
https://www.lucintel.com and click "report brochure" tab from the menu.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the surgical laser market by product type (carbon dioxide (CO2) lasers, argon lasers, Nd: YAG lasers, diode lasers, and others), procedure type (open surgery, laparoscopic surgery, and percutaneous surgery), application (cardiology, dental, dermatology, gynaecology, ophthalmology, oncology, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?