Surgical Lasers Market is anticipated to record a CAGR of around 5.2% by 2030
The Surgical Lasers Market - Global Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, sales network, business strategies, research & development activities, major production and consumption, supply chain analysis, competitive landscape, and market composition analysis.
Rising geriatric population, increased prevalence of chronic & lifestyle disorders, and advancements in laser technology are anticipated to gear-up adoption of surgical laser and drive the global surgical laser market growth in near future.
Download free Sample of This Strategic Report:- https://insightslice.com/request-sample/239
The global healthcare industry is witnessing shift in adoption of advanced technology with a major contribution from the developing economies such as China, Indonesia, India, and Mexico. Increased per capita spending in these countries fueled by government initiative attributes to the escalating healthcare industry in these economies. The global healthcare industry is anticipated to witness a year on year growth of approximately 5.2% during the first half of forecast period. The growth across different geographies is being attributed to several factors ranging from ageing population to advancement in technologies. In Asia Pacific, increasing geriatric populations and adoption of advanced technologies to meet basic healthcare requirements are driving healthcare industry growth. However, in North America, and European countries, tax reforms and changes in healthcare policies focused on making healthcare services affordable are inducing traction for healthcare industry growth in these geographies. Furthermore, the increased prevalence of chronic and non-communicable diseases across these geographies is anticipated to be a prime factors driving the global surgical laser market. The non-communicable diseases such as cancer, diabetics, and cardiac diseases caused due to changing diets, sedentary lifestyles, and rising obesity levels are highly prevalent in developed countries, thereby contributing a major share to the global surgical laser market.
The global surgical lasers market is segmented based on type, product type, application, and geography. Based on type, the market is segmented into carbon dioxide (CO2) lasers, argon lasers, Nd:YAG laser, diode lasers, solid state laser and other. Carbon dioxide surgical lasers are anticipate to be the fastest growing market segment owing to high market penetration, easy availability, and technological advancements in CO2 lasers. Based on product type, the market is segmented into open surgery, laparoscopic surgery, and percutaneous surgery lasers. Among these, the laparoscopic surgery products dominated the market in terms of revenue owing to rising awareness and increasing demand for minimal invasive surgical methods.
Based on application, the global surgical lasers market is segmented into ophthalmology, dermatology, dentistry, urology, cardiology, gynecology, and oncology. Cardiology contributed a prominent share to the global market due to high susceptibility to hypertension and other cardiac diseases. Oncology and Urology are expected to grow a significant rate during the forecast period due to increasing preference for minimal invasive surgical methods in treatment of urological diseases and cancers.
North America is anticipated to be the largest market for surgical lasers during the coming period owing to high penetration of non-communicable diseases such as cancer and diabetics in adult population. Technological advancements and increase in gross healthcare expenditure are anticipated to be another factors bolstering the growth of surgical lasers in North America. Asia Pacific is anticipated to drive the market growth during the forecast period owing to rapidly increasing geriatric population and rising spending on healthcare services.
Request For Full Report@ https://insightslice.com/request-sample/239
Major players operating in global market include Abbott Laboratories, Inc., Boston Scientific Corp., BISON MEDICAL Co., Ltd., Biolitec AG, Alma Lasers Co., Photomedex, Inc., and Lumenis Ltd.
About InsightSlice
insightSLICE is a market intelligence and strategy consulting company. The company provides tailor-made and off the shelf market research studies. The prime focus of the company is on strategy consulting with an aim to provide end-to-end solutions. For more details please contact our research and consulting team at info@insightslice.com.