Medical Laser Systems Market, By Product Type, By Application, and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030.

The global medical laser systems market is estimated to be valued at US$ 3.67 Bn in 2023 and is expected to exhibit a CAGR of 12.9% during the forecast period (2023-2030).

Medical Laser Systems are used in cosmetic surgery, refractive eye surgery, dental procedures, and general surgery such as tumor removal, cataract removal, breast surgery, plastic surgery, and most other surgical procedures. Increasing prevalence of ophthalmic disorders, new product approvals along with increasing demand for aesthetic procedures is expected to drive market growth during the forecast period. Moreover, increasing demand for aesthetic procedures along with the adoption of expansion strategies from major manufacturers is also expected to assist the market growth. With proper use, lasers allow the surgeon to accomplish more complex tasks, reduce blood loss, decrease postoperative discomfort, reduce the chance of wound infection, and achieve better wound healing. As with any type of surgery, laser surgery has potential risks. Risks of laser surgery include incomplete treatment of the problem, pain, infection, bleeding, scarring, and skin color changes. Laser surgery uses non-ionizing radiation, so it does not have the same long-term risks as X-rays or other types of ionizing radiation. The high prevalence of chronic diseases such as cardiovascular diseases (CVD), cancer, etc., the increase in the geriatric population, and an increase in ophthalmic surgeries are expected to propel the growth of the global medical laser systems market over the forecast period.

Market Dynamics

Increase in geriatric population lead to an increase in the laser surgeries and the high prevalence of chronic diseases such as CVD, cancer, etc is expected to fuel the growth of the market in the forecast period. For instance, in September 2022, according to the World Health Organization (WHO), cardiovascular diseases account for most Noncommunicable disease deaths, or 17.9 million people annually, followed by cancers (9.3 million), chronic respiratory diseases (4.1 million) and diabetes (2.0 million including kidney disease deaths caused by diabetes).

Key features of the study:

• This report provides in-depth analysis of the global medical laser systems market, and provides market size (US$ Billion) and Compound Annual Growth Rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global medical laser systems market based on the following parameters-company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study are Johnson & Johnson Services, Inc., Alcon Inc., Bausch & Lomb Incorporated or its affiliates, LENSAR, Inc., NIDEK CO., LTD., iVIS Technologies, ZEISS International, Ziemer Ophthalmic Systems AG, Ra Medical Systems, SCHWIND eye-tech-solutions, CryLaS Crystal Laser Systems GmbH, Excel Technologies Inc., Elforlight Ltd, LTB Lasertechnik Berlin GmbH, Quanta System, Inc., LUMIBIRD, DEKA M.E.L.A. srl, Fotona, Syneron Medical Ltd ( Acquired by Candela Corporation), and Radiant Dyes Laser & Accessories GmbH.
• Insights from this report will allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global medical laser systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical laser systems market

Detailed Segmentation:

• Global Medical Laser Systems Market, By Product Type:
  • Diode Lasers
  • Solid State (Crystal)
  • Gas Lasers
  • Dye Lasers
• Global Medical Laser Systems Market By Application:
  • Dermatology
  • Ophthalmology
  • Gynecology
  • Urology
  • Dentistry
  • Cardiovascular
  • Others (Gastroenterology, Rheumatology, and Traumatology)
• Global Medical Laser Systems Market, By Region:
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • Central Africa
  • North Africa
• Company Profiles
  • Johnson & Johnson Services
  • Alcon Inc.
  • Bausch & Lomb Incorporated or its affiliates
  • LENSAR, Inc.
  • NIDEK CO., LTD.
  • iVIS Technologies
  • ZEISS International
  • Ziemer Ophthalmic Systems AG
  • Ra Medical Systems
  • SCHWIND eye-tech-solutions
  • CryLaS Crystal Laser Systems GmbH
  • Excel Technologies Inc.
  • Elforlight Ltd
  • LTB Lasertechnik Berlin GmbH
  • Quanta System, Inc.
  • LUMIBIRD
  • DEKA M.E.L.A. srl
  • Fotona
  • Syneron Medical Ltd ( Acquired by Candela Corporation)
  • Radiant Dyes Laser & Accessories GmbH