Global Laser Therapy Devices Market: By Product (Solid-State Laser, Gas Laser, Liquid Laser, Semiconductor Laser), By Application (Dermatology, Dentistry, Gynaecology, Ophthalmology, Urology and Others), By End User (Hospitals, Ambulatory Surgical centers and Others) By Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023
Market Dynamics: Global Laser Therapy Devices Market
Global laser therapy devices market is mainly driven by rise in demand for noninvasive laser therapies in aesthetic treatment. In addition, rise in prevalence of cancer and technological advancements in laser therapy techniques such as cold laser therapy are expected to boost the global laser therapy devices market over the forecast period. Furthermore, advantages over the conventional surgical procedures such as short hospital stay and no need of surgical procedure stimulating the adoption of the laser therapy by the patients and healthcare professions. However, stringent regulatory issues and probability of getting cancer due to laser therapies may hinder the market growth over the forecast period.
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Market Scope: Global Laser Therapy Devices Market
Global laser therapy devices market is segmented based on product, application and end user
Based on product, global laser devices market is segmented into
- Solid-State Laser
- Gas Laser
- Liquid Laser
- Semiconductor Laser
Based on application, global laser therapy devices market is segmented into
- Dermatology
- Dentistry
- Gynaecology
- Ophthalmology
- Urology
- Others
Based on end user, global laser therapy devices market is segmented into
- Hospitals
- Ambulatory Surgical Centres
- Others
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Regional Analysis: Global Laser Therapy Devices Market
Geographically Laser Therapy devices market is divided into five key regions, i.e. North America, Europe, Asia Pacific, Latin America, and The Middle East and Africa. North America expected to have significant market share in global laser therapy devices market owing to the technological advancements such as advent of the home laser therapy devices such as LaserCap and growing adaptation of noninvasive treatments in aesthetics market. Asia Pacific laser therapy systems market is expected to project lucrative growth opportunity owing to the rise in disposable income, developing healthcare infrastructure and adaptation of noninvasive therapies for treatment of the skin diseases and other aesthetics
Competition Assessment: Global Laser Therapy Devices Market
Key player’s profiles in global Laser Therapy devices market include
- IPG Photonics Corporation (U.S.)
- Boston Scientific Corporation (U.S.)
- Coherent, Inc. (U.S.)
- Lumenis Ltd. (Israel)
- Hologic Inc. (U.S.)
- Biolitec AG (Germany)
- Fotona d.d. (Slovenia)
- Alma Lasers, Ltd. (Israel)
- Thermo Fisher Scientific, Inc. (U.S.)
- The Danaher Corporation (U.S.)
Notable Market Developments: Global Laser Therapy Devices Market
- In February 2017, Hologic Inc. signed agreement to acquire Cynosure, Inc. This acquisition will expand Hologic’s woman health portfolio with the more than 20 products including the laser therapy devices.
- In August 2015, Boston Scientific has acquired three men’s health devices from the American Medical systems for $1.6Bn. The devices include Light Green laser therapy systems for noncancerous enlargement of prostate.
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Key Features of the Report:
- The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
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