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Medical Laser Market Expecting an Outstanding Growth of US$16.23 Billion by 2026

Rise in number of cosmetic procedures and increase in incidences of eye disorders play a major role in the growth of the medical laser market.

Medical Laser Market
Medical Laser Market

According to a new report published by Allied Market Research, titled, ” Medical Laser Market by Product, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026 ” The global medical laser market size was $6,947 million in 2018 and is projected to reach $16,230 million by 2026, growing at a CAGR of 10.8% from 2019 to 2026. The dermatology segment accounted around one-third of the total market share in 2018.

The medical laser market is expected to exhibit significant growth during the forecast period due to increase in number of cosmetic procedures and rise in number of patients using advanced laser-based treatments globally. In addition, various benefits offered by medical laser systems, such as decreased pain intensity and faster recovery and surge in the importance of aesthetics laser procedures are the major factors that boost the global medical laser market.

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COVID-19 Impact Analysis:

1) The COVID-19 impact on the Medical Laser Market is unpredictable and is expected to remain in force till the fourth quarter of 2021.

2) The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and banned import-export of nonessential items for most of 2021. This led to sudden fall in the availability of important raw materials.

3) Moreover, nationwide lockdowns forced manufacturing facilities to partially or completely shut their operations.

4) Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of reliable and innovative drone analytics systems globally.

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Key Benefits for Stakeholders

  • This report entails a detailed quantitative analysis along with the current global Medical Laser Market trends from 2019 to 2026 to identify the prevailing opportunities along with the strategic assessment.
  • The Medical Laser Market forecast is studied from 2019 to 2026.
  • The Medical Laser Market size and estimations are based on a comprehensive analysis of key developments in the endoscopic retrograde cholangiopancreatography industry.
  • A qualitative analysis based on innovative products facilitates strategic business planning.
  • The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the Medical Laser Market.

By Product Type

  • Solid-State Laser Systems
    • 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
    • Others
  • Gas Laser Systems     
    • CO2 Laser Systems
    • Argon Laser Systems
    • Krypton Laser Systems
    • Others
  • Dye Lasers Systems
  • Diode Laser Systems

🎅🎄(𝑪𝒉𝒓𝒊𝒔𝒕𝒎𝒂𝒔 𝒂𝒏𝒅 𝑵𝒆𝒘 𝒚𝒆𝒂𝒓 𝒔𝒂𝒍𝒆 𝑼𝒑 𝒕𝒐 25% 𝒅𝒊𝒔𝒄𝒐𝒖𝒏𝒕 𝙩𝒊𝒍𝒍 15 𝑱𝒂𝒏𝒖𝒂𝒓𝒚 2022)🎄🎅

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The Major Key Players Are:

The report provides a comprehensive analysis of the key players operating in the global medical laser market, which include 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., and Syneron Medical Ltd.

The other players in the value chain (profiles not included in the report) include Quantel laser, Nidek CO., LTD., Topcon Corporation, DEKA M.E.L.A. S.r.l., SharpLight Technologies, Sciton, Inc., and Alma Lasers.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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