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Global Medical Laser Systems Market by Product (Solid State, Diode, Gas, Dye Laser), by Application (Cardiology, Gastroenterology, Urology, Ophthalmology, Dermatology, Dentistry, Gynecology) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MD-75121
  • Author: Up Market Research
  • Rating: 4.9
  • Total Reviews: 98
  • No. Of Pages: 210
  • Format:
  • Pub. Date: 2021-10-21
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Industry Insights

The global medical laser system market was worth USD 4.9 billion in 2014. The market is expected to grow due to increasing demand for non-invasive cosmetic surgery, increased awareness about safety, and technological advances in the process.

In addition, the industry is expected to grow due to rising incidences and demand for aesthetic appeal. This will be accompanied by a growing application in gynecology. The risks of these procedures, such as scarring, bleeding and changes in skin color, are expected to limit the growth rate.

North America's market for medical laser systems, by product, 2012-2022 (USD Million).

According to the American Society for Aesthetic and Plastic Surgery (ASAPS), Americans spend more than USD 13 Billion on aesthetic treatments like body contouring, skin resurfacing, and acne prevention. These procedures will continue to be in high demand over the forecast period.

Product Insights

The market for medical laser systems includes the following key product segments: diode, solid-state, gas, dye, and lasers. Due to its wide range of applications in aesthetic procedures as well as photodynamic treatment, the diode segment accounted for the largest market share in 2014.

Due to the high use in dermatology, the solid state segment will grow at a faster rate than 12.0% CAGR over the forecast period. This segment can be further divided into CO 2 Argon and Krypton. It is used extensively in periodontology and skin treatment.

Applications Insights

Based on their application, the market for medical laser systems can be divided into ophthalmology (gynecology), dermatology, dentistry, cardiology, and other. Due to the growing demand for aesthetics, dermatology dominates this application segment.

The rising awareness and adoption rates for minimally invasive and noninvasive treatments, as well as growing demand for aesthetic procedures like skin tightening, skin renewal, and contouring, are expected to have a significant impact on the market. The market for medical lasers is poised to grow in the future because of rising skin cancer rates and other skin conditions such as dermatitis, acne, psoriasis, and psoriasis, especially in emerging countries.

These products are expected to see a significant increase in use in the gynecology, especially in the treatment of cervical erosions. They also have unique properties that will help infertility. The system is also widely applicable in intra-abdominal Gynecological Surgery, which will further drive demand.

The rapid replacement of non-laser surgical instruments, such as the blades used in refractive and cataract surgery, will lead to a significant growth in the ophthalmology sector.

Regional Insights

North America was the most important regional market for medical laser systems in 2014, with a revenue share of over 35%. The growth is due to rising adoption of cosmetic lift-ups, increasing demand for aesthetic surgery, and high disposal income and increased healthcare spending by patients. The forecast period will also see growth due to technological advancements and increased R&D investment in the region.

Future growth will likely be driven by the possibility of untapped growth potential in the Asia-Pacific region. The Asia Pacific medical laser market is expected to experience the fastest growth in the next seven years due to the rapid technological advancements and lower labor costs.

Competitive Market Insights

Photomedex Inc., Lumenis Ltd., Biolase Inc., Spectranetics Corporation and IRIDEX Corporation are the key players in the medical laser system market. These players actively participate in strategic collaborations, such as mergers or acquisitions, to ensure long-term sustainability and growth. The demand will be driven by technological advancements like the adoption of a pulsed laser to enhance aesthetic appeal and the launch of new products with broad applicability.

Palomar Medical Technologies was approved by the U.S. FDA in 2010 for launching a diode-semiconductor-based device for wrinkle removal. BIOLASE introduced EPIC X diode-laser in December 2014 for use in dentistry. This laser allows for faster treatment and does not compromise on quality or efficiency.

Up Market Research published a new report titled “Medical Laser Systems Market research report which is segmented by Product (Solid State, Diode, Gas, Dye Laser), by Application (Cardiology, Gastroenterology, Urology, Ophthalmology, Dermatology, Dentistry, Gynecology), By Players/Companies Biolase Inc, Photomedex Inc, Spectranetics Corporation, Lumenis Ltd, IRIDEX Corporation The players are actively involved in various strategic collaborations such as mergers and acquisitions in order to ensure long-term growth and sustainability Technological advancements such as adoption of pulsed laser for aesthetic appeal and new product launch with wide applicability are further expected to drive the demand”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitleMedical Laser Systems Market Research Report
By ProductSolid State, Diode, Gas, Dye Laser
By ApplicationCardiology, Gastroenterology, Urology, Ophthalmology, Dermatology, Dentistry, Gynecology
By CompaniesBiolase Inc, Photomedex Inc, Spectranetics Corporation, Lumenis Ltd, IRIDEX Corporation The players are actively involved in various strategic collaborations such as mergers and acquisitions in order to ensure long-term growth and sustainability Technological advancements such as adoption of pulsed laser for aesthetic appeal and new product launch with wide applicability are further expected to drive the demand
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages210
Number of Tables & Figures147
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Medical Laser Systems Industry Outlook

Global Medical Laser Systems Market Report Segments:

The market is segmented by Product (Solid State, Diode, Gas, Dye Laser), by Application (Cardiology, Gastroenterology, Urology, Ophthalmology, Dermatology, Dentistry, Gynecology).

Medical Laser Systems Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Medical Laser Systems Market

Overview of the regional outlook of the Medical Laser Systems Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Medical Laser Systems Market Overview

Highlights of The Medical Laser Systems Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Medical Laser Systems Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Product:

                1. Solid State

                2. Diode

                3. Gas

                4. Dye Laser

        7. By Application:

                1. Cardiology

                2. Gastroenterology

                3. Urology

                4. Ophthalmology

                5. Dermatology

                6. Dentistry

                7. Gynecology

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Medical Laser Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Medical Laser Systems Market Trends

Reasons to Purchase the Medical Laser Systems Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Laser Systems Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Medical Laser Systems Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Medical Laser Systems Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Medical Laser Systems Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Medical Laser Systems Market Size & Forecast, 2018-2028 
      4.5.1 Medical Laser Systems Market Size and Y-o-Y Growth 
      4.5.2 Medical Laser Systems Market Absolute $ Opportunity 


Chapter 5 Global Medical Laser Systems Market Analysis and Forecast by Product
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Product
      5.1.2 Basis Point Share (BPS) Analysis by Product
      5.1.3 Absolute $ Opportunity Assessment by Product
   5.2 Medical Laser Systems Market Size Forecast by Product
      5.2.1 Solid State
      5.2.2 Diode
      5.2.3 Gas
      5.2.4 Dye Laser
   5.3 Market Attractiveness Analysis by Product

Chapter 6 Global Medical Laser Systems Market Analysis and Forecast by Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Application
      6.1.2 Basis Point Share (BPS) Analysis by Application
      6.1.3 Absolute $ Opportunity Assessment by Application
   6.2 Medical Laser Systems Market Size Forecast by Application
      6.2.1 Cardiology
      6.2.2 Gastroenterology
      6.2.3 Urology
      6.2.4 Ophthalmology
      6.2.5 Dermatology
      6.2.6 Dentistry
      6.2.7 Gynecology
   6.3 Market Attractiveness Analysis by Application

Chapter 7 Global Medical Laser Systems Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Medical Laser Systems Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Medical Laser Systems Analysis and Forecast
   9.1 Introduction
   9.2 North America Medical Laser Systems Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Medical Laser Systems Market Size Forecast by Product
      9.6.1 Solid State
      9.6.2 Diode
      9.6.3 Gas
      9.6.4 Dye Laser
   9.7 Basis Point Share (BPS) Analysis by Product 
   9.8 Absolute $ Opportunity Assessment by Product 
   9.9 Market Attractiveness Analysis by Product
   9.10 North America Medical Laser Systems Market Size Forecast by Application
      9.10.1 Cardiology
      9.10.2 Gastroenterology
      9.10.3 Urology
      9.10.4 Ophthalmology
      9.10.5 Dermatology
      9.10.6 Dentistry
      9.10.7 Gynecology
   9.11 Basis Point Share (BPS) Analysis by Application 
   9.12 Absolute $ Opportunity Assessment by Application 
   9.13 Market Attractiveness Analysis by Application

Chapter 10 Europe Medical Laser Systems Analysis and Forecast
   10.1 Introduction
   10.2 Europe Medical Laser Systems Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Medical Laser Systems Market Size Forecast by Product
      10.6.1 Solid State
      10.6.2 Diode
      10.6.3 Gas
      10.6.4 Dye Laser
   10.7 Basis Point Share (BPS) Analysis by Product 
   10.8 Absolute $ Opportunity Assessment by Product 
   10.9 Market Attractiveness Analysis by Product
   10.10 Europe Medical Laser Systems Market Size Forecast by Application
      10.10.1 Cardiology
      10.10.2 Gastroenterology
      10.10.3 Urology
      10.10.4 Ophthalmology
      10.10.5 Dermatology
      10.10.6 Dentistry
      10.10.7 Gynecology
   10.11 Basis Point Share (BPS) Analysis by Application 
   10.12 Absolute $ Opportunity Assessment by Application 
   10.13 Market Attractiveness Analysis by Application

Chapter 11 Asia Pacific Medical Laser Systems Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Medical Laser Systems Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Medical Laser Systems Market Size Forecast by Product
      11.6.1 Solid State
      11.6.2 Diode
      11.6.3 Gas
      11.6.4 Dye Laser
   11.7 Basis Point Share (BPS) Analysis by Product 
   11.8 Absolute $ Opportunity Assessment by Product 
   11.9 Market Attractiveness Analysis by Product
   11.10 Asia Pacific Medical Laser Systems Market Size Forecast by Application
      11.10.1 Cardiology
      11.10.2 Gastroenterology
      11.10.3 Urology
      11.10.4 Ophthalmology
      11.10.5 Dermatology
      11.10.6 Dentistry
      11.10.7 Gynecology
   11.11 Basis Point Share (BPS) Analysis by Application 
   11.12 Absolute $ Opportunity Assessment by Application 
   11.13 Market Attractiveness Analysis by Application

Chapter 12 Latin America Medical Laser Systems Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Medical Laser Systems Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Medical Laser Systems Market Size Forecast by Product
      12.6.1 Solid State
      12.6.2 Diode
      12.6.3 Gas
      12.6.4 Dye Laser
   12.7 Basis Point Share (BPS) Analysis by Product 
   12.8 Absolute $ Opportunity Assessment by Product 
   12.9 Market Attractiveness Analysis by Product
   12.10 Latin America Medical Laser Systems Market Size Forecast by Application
      12.10.1 Cardiology
      12.10.2 Gastroenterology
      12.10.3 Urology
      12.10.4 Ophthalmology
      12.10.5 Dermatology
      12.10.6 Dentistry
      12.10.7 Gynecology
   12.11 Basis Point Share (BPS) Analysis by Application 
   12.12 Absolute $ Opportunity Assessment by Application 
   12.13 Market Attractiveness Analysis by Application

Chapter 13 Middle East & Africa (MEA) Medical Laser Systems Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Medical Laser Systems Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Medical Laser Systems Market Size Forecast by Product
      13.6.1 Solid State
      13.6.2 Diode
      13.6.3 Gas
      13.6.4 Dye Laser
   13.7 Basis Point Share (BPS) Analysis by Product 
   13.8 Absolute $ Opportunity Assessment by Product 
   13.9 Market Attractiveness Analysis by Product
   13.10 Middle East & Africa (MEA) Medical Laser Systems Market Size Forecast by Application
      13.10.1 Cardiology
      13.10.2 Gastroenterology
      13.10.3 Urology
      13.10.4 Ophthalmology
      13.10.5 Dermatology
      13.10.6 Dentistry
      13.10.7 Gynecology
   13.11 Basis Point Share (BPS) Analysis by Application 
   13.12 Absolute $ Opportunity Assessment by Application 
   13.13 Market Attractiveness Analysis by Application

Chapter 14 Competition Landscape 
   14.1 Medical Laser Systems Market: Competitive Dashboard
   14.2 Global Medical Laser Systems Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Biolase Inc
      14.3.2 Photomedex Inc
      14.3.3 Spectranetics Corporation
      14.3.4 Lumenis Ltd
      14.3.5 IRIDEX Corporation The players are actively involved in various strategic collaborations such as mergers and acquisitions in order to ensure long-term growth and sustainability Technological advancements such as adoption of pulsed laser for aesthetic appeal and new product launch with wide applicability are further expected to drive the demand
Segments Covered in the Report
The global Medical Laser Systems market has been segmented based on

By Product
  • Solid State
  • Diode
  • Gas
  • Dye Laser
By Application
  • Cardiology
  • Gastroenterology
  • Urology
  • Ophthalmology
  • Dermatology
  • Dentistry
  • Gynecology
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Biolase Inc
  • Photomedex Inc
  • Spectranetics Corporation
  • Lumenis Ltd
  • IRIDEX Corporation The players are actively involved in various strategic collaborations such as mergers and acquisitions in order to ensure long-term growth and sustainability Technological advancements such as adoption of pulsed laser for aesthetic appeal and new product launch with wide applicability are further expected to drive the demand

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