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Global Medical laser Systems Market to reach USD 2890 billion by 2027

Global Medical Laser Systems Market Analysis, By Product (Diode, Solid State, Gas and Dye Laser), By Application (Ophthalmology, Dermatology, Gynecology, Urology, Dentistry, Cardiology, Gastroenterology), by End User (Surgical, Cosmetic, and Dental) and Regional Forecasts 2020-2027

Product Code: HALMDAE_77549742
Publish Date: 4-07-2020
Page: 200

Global Medical laser system Market is valued approximately USD 15300 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 16% over the forecast period 2020-2027. Medical lasers are the devices used in surgical procedures such as cosmetic surgery, dental surgery, to remove tissue by using laser beam. They are applied in dentistry, ophthalmology, dermatology, gynecology. Lasers are proven useful in medica specialties to vaporize tissue. Rise in ophthalmic disorders will lead to demand for medical laser systems and growth of the market. For instance, systematic review and meta-analysis’, published in the Journal of Global Health in June 2018, the prevalence of any cataract ranged from 6.71% in people aged 45-49 years to 73.01% in elderly aged 85-89 years in males. Increase in aesthetic pleasing appeal also leading to growth of the laser system market. For instance, according to by American Society of Plastic Surgeon, 2018 survey around 594,266 laser skin resurfacing procedures were performed in the U.S. However, high degree of system failure and stringent regulations regarding its use are some factors which may act as a restraint for the growth of market. Technological advancement in the coming years will bring upon an excellent opportunity for the growth in the market .

The regional analysis of global 5G in Automotive and Smart Transportation market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share attributing to rise in population and increased cosmetic surgeries. Whereas Asia pacific is also anticipated to grow in medical laser system market, attributing to increased disposable incomes and people becoming aware regarding laser surgeries.

Major market player included in this report are:
IRIDEX Corporation,
Lumenis Ltd.,
Ellex Medical Lasers Ltd.,
CryoLife, Inc.,
Novartis AG,
Koninklijke Philips N.V.,
Biolase Inc.,
Boston Scientific Corporation,
Bausch & Lomb Holdings, Inc
Syneron Medical Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type
• Solid-State Laser Systems
• Gas Laser Systems
• Dye Lasers Systems
• Diode Laser Systems
By Application
• Ophthalmology
• Dermatology
• Gynecology
• Dentistry
• Urology
• Others
By End User
• Surgical
• Cosmetic
• Dental

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global 5G in Automotive and Smart Transportation Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Medical Laser System Market, by Region, 2018-2027 (USD Billion)
1.2.2. Medical Laser System Market, by Solution, 2018-2027 (USD Billion)
1.2.3. Medical Laser System Market, by Application, 2018-2027 (USD Billion)
1.2.4. Medical Laser System Market, by Industry, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Medical Laser System Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Medical Laser System Market Dynamics
3.1. Medical Laser System Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Medical Laser System Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Medical Laser System Market, by product type
5.1. Market Snapshot
5.2. Global Medical Laser System Market by product type, Performance – Potential Analysis
5.3. Global Medical Laser System Market Estimates & Forecasts by product type 2017-2027 (USD Billion)
5.4. Medical Laser System Market, Sub Segment Analysis
5.4.1. Solid-State Laser Systems
5.4.2. Gas Laser Systems
5.4.3. Dye Lasers Systems
5.4.4. Diode Laser Systems
Chapter 6. Global Medical Laser System Market, by Application
6.1. Market Snapshot
6.2. Global Medical Laser System Market by Application, Performance – Potential Analysis
6.3. Global Medical Laser System Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. Medical Laser System Market, Sub Segment Analysis
6.4.1. Ophthalmology
6.4.2. Dermatology
6.4.3. Gynecology
6.4.4. Urology
6.4.5. Others

Chapter 7. Global Medical Laser System Market, end user
7.1. Market Snapshot
7.2. Global Medical Laser System Market by Industry, Performance – Potential Analysis
7.3. Global Medical Laser System Market Estimates & Forecasts by Industry 2017-2027 (USD Billion)
7.4. Medical Laser System Market, Sub Segment Analysis
7.4.1. Surgical
7.4.2. Cosmetic
7.4.3. Dental
Chapter 8. Global Medical Laser System Market, Regional Analysis
8.1. Medical Laser System Market, Regional Market Snapshot
8.2. North America Medical Laser System Market
8.2.1. U.S. Medical Laser System Market
8.2.1.1. Solution breakdown estimates & forecasts, 2017-2027
8.2.1.2. Application breakdown estimates & forecasts, 2017-2027
8.2.1.3. Industry breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Medical Laser System Market
8.3. Europe Medical Laser System Market Snapshot
8.3.1. U.K. Medical Laser System Market
8.3.2. Germany Medical Laser System Market
8.3.3. France Medical Laser System Market
8.3.4. Spain Medical Laser System Market
8.3.5. Italy Medical Laser System Market
8.3.6. Rest of Europe Medical Laser System Market
8.4. Asia-Pacific Medical Laser System Market Snapshot
8.4.1. China Medical Laser System Market
8.4.2. India Medical Laser System Market
8.4.3. Japan Medical Laser System Market
8.4.4. Australia Medical Laser System Market
8.4.5. South Korea Medical Laser System Market
8.4.6. Rest of Asia Pacific Medical Laser System Market
8.5. Latin America Medical Laser System Market Snapshot
8.5.1. Brazil Medical Laser System Market
8.5.2. Mexico Medical Laser System Market
8.6. Rest of The World Medical Laser System Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. IRIDEX Corporation
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Lumenis Ltd.
9.2.3. Ellex Medical Lasers Ltd.
9.2.4. CryoLife, Inc.
9.2.5. Novartis AG
9.2.6. Koninklijke Philips N.V.
9.2.7. Biolase Inc.
9.2.8. Boston Scientific Corporation
9.2.9. Bausch & Lomb Holdings, Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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