The global medical laser market size was valued at $6,947 million in 2018, and is projected to reach $16,230 million by 2026, growing at a CAGR of 10.8% from 2019-2026.

Laser stands for light amplification by stimulated emission of radiation, which has a specific wavelength creating high-intensity light. The adoption of medical lasers has increased due to its diverse medical applications including ophthalmology, dermatology, urology, cardiovascular, and others. The advantages offer by the medical lasers include reducing blood loss, decreasing postoperative discomfort, reducing the chance of wound infection, and achieving better wound healing.

There is an increase in the demand for medical lasers, owing to rise in incidence of eye disorders due to growth in aged population, increase in number of patients using advanced laser-based treatments globally, and surge in importance of aesthetic laser procedures. However, stringent safety regulations and high rate of failure of laser-based surgical procedure restrain the market growth. On the contrary, increase in demand for laser treatment in the emerging countries are expected to offer lucrative opportunities for the global medical laser market players.

The global medical laser market is segmented on the basis of product type, application, end use, and region. Based on the product type, the market is classified into solid-state laser systems, gas laser systems, dye laser systems, and diode laser systems. The solid-state laser systems segment is further categorized into holmium yttrium aluminum garnet laser (Ho:Yag) systems, erbium yttrium aluminum garnet laser (Er:Yag) systems, neodymium yttrium aluminum garnet laser (Nd:Yag) systems, potassium titanyl phosphate laser systems, alexandrite laser systems, ruby laser systems, and Q switch laser. Moreover, the gas laser systems are divided into CO2 laser systems, argon laser systems, krypton laser systems, metal vapor laser systems, helium-neon (He-Ne) laser systems, and excimer laser systems. Based on application, the market is categorized into ophthalmology, dermatology, gynecology, dentistry, urology, cardiovascular, and others. The ophthalmology segment is divided into refractive error surgery, cataract surgery, glaucoma surgery, and others. In addition, the dermatology segment is divided into skin resurfacing, pigment treatment, tattoo removal, hair removal, and others. The urology is divided into lithotripsy and tissue ablation. The gynecology segment is divided into vaginal rejuvenation and others. Further, the cardiology segment is categorized into coronary artery disease, ventricular and supraventricular arrhythmias, hypertrophic cardiomyopathy, congenital heart disease. Based on end user, the market is segmented into surgical, cosmetic, and dental. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS

? This report provides a detailed quantitative analysis of the current market trends and future estimations from 2019-2026, which assists to identify the prevailing market opportunities.
? An in-depth analysis of various regions is anticipated to provide a detailed understanding of the current trends to enable stakeholders to formulate region-specific plans.
? A comprehensive analysis of the factors that drive and restrain the growth of the global medical laser market is provided.
? An extensive analysis of various regions provides insights that allow companies to strategically plan their business moves.

KEY MARKET SEGMENTS
By Product Type
- Solid-State Laser Systems
o Holmium Yttrium Aluminum Garnet Laser (Ho:Yag) Systems
o Erbium Yttrium Aluminum Garnet Laser (Er:Yag) Systems
o Neodymium Yttrium Aluminum Garnet Laser (Nd:Yag) Systems
o Potassium Titanyl Phosphate Laser Systems
o Alexandrite Laser Systems
o Ruby Laser Systems
o Q-switch lasers
- Gas Laser Systems
o CO2 Laser Systems
o Argon Laser Systems
o Krypton Laser Systems
o Metal Vapor (Copper and Gold) Laser Systems
o Helium-Neon (He-Ne) Laser Systems
o Excimer Laser Systems
- Dye Lasers Systems
- Diode Laser Systems

By Application
- Ophthalmology
o Refractive Error Surgery
o Cataract Surgery
o Glaucoma Surgery
o Others
- Dermatology
o Skin Resurfacing
o Pigment Treatment
o Tattoo Removal
o Hair Removal
o Others
- Gynecology
o Vaginal Rejuvenation
o Others
- Dentistry
- Urology
o Lithotripsy
o Tissue Ablation
- Cardiovascular
o Coronary Artery Disease
o Ventricular and Supraventricular Arrhythmias
o Hypertrophic Cardiomyopathy
o Congenital Heart disease
- Others
By End User
- Surgical
- Cosmetic
- Dental
By Region
- North America
o U.S.
o Canada
o Mexico
- Europe
o Germany
o France
o Spain
o Italy
o UK
o Rest of Europe
- Asia-Pacific
o Japan
o India
o China
o Australia
o South Korea
o Rest of Asia-Pacific
- LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA
KEY MARKET PLAYERS
- 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 other players in the value chain (profiles not included in the report)
- Quantel laser
- Nidek CO., LTD.
- Topcon Corporation
- DEKA M.E.L.A. S.r.l.
- SharpLight Technologies
- Sciton, Inc.
- Alma Lasers