Global Surgical Lasers Market To Hit USD 3 Billion By 2024

By Goldstein Market Intelligence || 2019-03-14 8:24:33 AM

Global Surgical Lasers Market To Hit USD 3 Billion By 2024

Global surgical laser market is encouraged by technological advancement, applicability of reimbursement policies, minimal invasive procedures and progressively declining manufacturing costs. According to Goldstein Research, surgical laser market is growing due to demographic shifts (aging population, longer life expectancies, etc), unlike x-rays the laser device surgery doesn’t have long term risk due to its non-ionizing radiation and replacement of non laser techniques due to improved results by laser surgeries.

“Global Surgical Laser Market Outlook 2024”

The global surgical lasers market is expected to reach USD 3.0 billion by 2024 at a CAGR of 6.5% over the forecast period.

Regionally, owing to the advanced and technologically improved surgical laser device and increase number of cosmetic laser surgeries, dental procedures and refractive eye surgery along with improved healthcare system, North America held the largest market share in global surgical lasers market.

Future Vision: Less Invasive Laser Surgery to Non Invasive Laser Surgeries

Minimally invasive laser surgeries are adopted by spine surgeons due to the involvement of fewer complications and less time consumption leading to less mental and physical stress for patient as well as for the surgeon. In the near future as laser surgeries will be more advanced almost all kind of surgeries will be performed through laser technology, replacing traditional surgery not only in the treatment of benign diseases but also in malignant illness.   

Female Genital Cosmetic Surgery (FGCS): Medical Marketing vs. Bioethics

Presently, cosmetic surgery is like passing through the identity crisis as well as acute ethical dilemma. FGCS refers to an enhancement or treatment that has gathered lots of controversies. USA, UK, Australia, Canada are the fastest growing countries in FGCS procedures. More than vulva diseases sociocultural forces seem to influence the FGCS.

“Global Surgical Lasers Market Outlook 2024” contains detailed overview of the global surgical laser market in terms of market segmentation by type, surgery/procedure, application and end user.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Sacle) analysis, Porter’s five force model and SWOT analysis.

Global surgical laser market report also includes competitive outlook of some of the major players which includes profiling of companies such as BISON Medical Co., Ltd., Cynosure, Inc., Fotona, Biolitec AG, Spectranetics Corporation, IPG Photonics Corporation, Alma Lasers, Lumenis Ltd., Boston Scientific Corporation, and Abbott Laboratories, Inc., etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents comprehensive synopsis on the global surgical lasers market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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