The surgical lasers market is expected to reach USD 2.37 Billion by 2021 from USD 1.85 Billion in 2016; growing at a CAGR of 5.1% during the forecast period.
Increasing prevalence of chronic diseases, technological advancements in surgical lasers, increasing incidence and prevalence of targeted diseases, and high prevalence of ophthalmic disorders are the major factors driving the growth of this market.
In addition, growing preference for minimally invasive surgeries are further adding to the growth prospects of this market.
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Scope of the Report
This research report categorizes the surgical lasers market into the following segments:
Global Surgical Lasers Market, by Type
- CO2 Lasers
- Argon Lasers
- Nd:YAG Lasers
- Diode Lasers
- Other Surgical Lasers
Global Surgical Lasers Market, by Procedure Type
- Open Surgery
- Laparoscopic Surgery
- Percutaneous Surgery
Global Surgical Lasers Market, by Application
- Ophthalmology
- Dentistry
- Dermatology
- Cardiology
- Gynecology
- Urology
- Oncology
- Other Applications
On the basis of region, the market is segmented into four regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World. In 2016, North America is estimated to dominate the global surgical lasers market. Factors such as the use of novel surgical technologies among healthcare professionals (owing to the growing number of clinical trials and significant medical reimbursement available in the U.S. for laser-assisted surgical procedures) and a large number of cosmetic laser equipment manufacturers in the region enabled the growth of this market. The Asia-Pacific market is expected to grow at the highest CAGR during the forecast period. The growth opportunities in the Asia-Pacific region can be attributed to the increasing aging population, rising prevalence of targeted diseases such as cardiovascular diseases and cancer, and a huge patient population.
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