(PharmaNewsWire.Com, December 01, 2017 ) Surgical Lasers Market is segmented by Product type, Procedure type, and application and by region. Based on the product, Market can be segmented into Carbon dioxide (CO2) lasers, Nd:YAG lasers, argon lasers, diode lasers and others like sye lasers, fiber lasers, Er:YAG lasers and excimer lasers. The highest CAGR is predicted for Carbon dioxide (CO2) because of higher availability of Surgical Lasers that are based on CO2 and advancements in technology of cosmetic laser treatment.
On the basis of procedure type, market is segmented into laparoscopic surgery, Open surgery and percutaneous surgery. Based on application, Market is segmented into dentistry, ophthalmology, dermatology, gynaecology, cardiology, oncology, urology and others like ENT, liposuction and GLT. By region, Market can be segmented as North America, Asia-Pacific, Latin America, Europe and Middle East and Africa. North America is predicted to lead the share of the Global Market. Europe is next to North America in 2016. However highest CGAR is expected for Asia-Pacific from 2016-2021.
The Global Surgical Lasers Market is estimated to be growing at a CAGR of 4.84 % from 2016-2021, to reach USD 2.25 billion by 2021 from USD 1.78 billion in 2016. With a proper use of lasers, the surgeons accomplish tasks which are complex, reduce postoperative discomfort, reduce blood loss, reduce the occurring of wound infection and also achieve better healing of wounds.
The main drivers of Surgical Lasers include Advancements of technology in surgical lasers, rise in prevalence of chronic diseases, increase in prevalence of ophthalmic disorders and high preference for low invasive surgeries. However, low medical reimbursements and increase in procedural costs of surgeries with laser are predicted to restrain the optimal growth of surgical lasers market in next year’s.
Some of the key players are Abbott Laboratories, BISON MEDICAL Co., Ltd. (South Korea), Fotona d.o.o. (Slovenia), Lumenis(Israel), Cynosure, Alma Lasers (Israel), IPG Photonics Corporation (U.S.),Boston Scientific Corporation (U.S.),Spectranetics Corporation (U.S.), Biolitec AG (Austria)
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