Medical Lasers Market by Product Type (Solid-State Laser Systems, Gas Laser Systems, Dye Lasers Systems, and Diode Laser Systems), Application (Ophthalmology, Dermatology, Gynecology, Dentistry, Urology, Cardiovascular, and Others), and End Use (Surgical, Cosmetic, and Dental) - Global Opportunity Analysis and Industry Forecast, 2017-2023 Update Available On-Demand
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LI_172549
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Pages: 155
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Jun
2017 |
5319 Views
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Author(s) :
Nikita Chavan
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Tables: 60
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Charts: 69
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Formats*:
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Medical Lasers Market Overview:
Global Medical Lasers Market was valued at $5,116 million in 2016, and is projected to reach $12,586 million by 2023, registering at a CAGR of 13.6% from 2017 to 2023. Medical lasers are medical devices used for the treatment of various diseases and tissue removal. The increase in incidence in various diseases, such as cardiovascular, urological, skin problems, and eye-related diseases, has resulted in the rise in adoption of medical lasers as they provide non-invasive treatment. Furthermore, increased importance to aesthetics has led to adoption of various medical lasers in cosmetic surgeries. The report analyzes the medical lasers market based on product, application, end use, and region.
Global Medical Lasers Market: Segmentation
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Segment Review
The cosmetic segment is expected to account for the major share in the market, owing to increased importance to aesthetics. It is an emerging trend in the medical industry, which is expected to further propel the use of medical lasers for treatment and quality appearance.
Snapshot of LAMEA Medical Lasers Market
There has been an increased focus of the key vendors in the medical lasers market on emerging markets, namely, Asia-Pacific and LAMEA. This is expected to boost the growth of the medical lasers market. Brazil is experiencing high adoption of medical lasers for oral care due to various dental complications in the Brazilian population. As per the data obtained from, the Brazilian Oral Health Survey (SBBrasil 2010) Project, there was a prevalence of around 48.2% non-treated dental caries. Such high prevalence of dental complications is expected to boost the adoption of medical lasers for treatment purposes, since dentistry is fastest growing application of medical lasers.
Saudi Arabia Medical Lasers Market, 2016-2023 ($Million)
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High Adoption of Medical Lasers for Cosmetic Surgeries
Globally, there is an increased demand for cosmetic surgery procedures, which include surgical and non-surgical procedures that improve the appearance by reshaping and enhancing the body structure. For instance, as per a report published by American Society of Plastic Surgeons in 2016, around 1.8 million cosmetic surgical procedures and 15.5 million cosmetic minimally invasive procedures were performed. Similarly, in 2015, around 1.1 million laser hair removal procedures were performed globally. This high adoption of medical lasers in the area of cosmetic surgery is expected to propel the growth of medical lasers market.
The key players profiled in the report include Photomedex, Inc., Lumenis Ltd., Ellex, Medical Lasers Ltd., Spectranetics Corporation, Novartis AG, Cardiogenesis Corporation, Biolase Inc., Boston Scientific Corporation, Bausch & Lomb Holdings, Inc., and Syneron-Candela. The other players operating in the industry include Quantel laser, Nidek CO., LTD., Topcon Corporation, Deka M.E.L.A. S.r.l., SharpLight Technologies, Sciton, Inc., and Alma Lasers.
Key Benefits
- The study provides an in-depth analysis of the global medical lasers market and the current trends and future estimations to elucidate the imminent investment pockets.
- The report provides quantitative analysis of the industry from 2016 to 2023 to enable the stakeholders to capitalize on the prevailing market opportunities.
- Extensive analysis of the global market helps to understand the adoption of ophthalmic devices for surgical, diagnostic, and vision care applications.
- Competitive intelligence highlights the business practices followed by leading market players across various geographies.
Medical lasers Market Key Segments:
The global medical lasers market is segmented based on product type, application, end use, and geography.
By Product
- 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
- Alexandrite Laser Systems
- Ruby Laser Systems
- Gas Laser Systems
- CO2 Laser Systems
- Argon Laser Systems
- Krypton Laser Systems
- Metal Vapor (Copper and Gold) Laser Systems
- HeliumNeon (He-Ne) Laser Systems
- Excimer Laser Systems
- Dye Lasers Systems
- Diode Laser Systems
By Application
- Ophthalmology
- Refractive Error Surgery
- Cataract Surgery
- Glaucoma Surgery
- Others
- Dermatology
- Skin Resurfacing
- Pigment Treatment
- Hair Removal
- Gynecology
- Dentistry
- Urology
- Lithotripsy
- Tissue Ablation
- Cardiovascular
- Coronary Artery Disease
- Ventricular and Supraventricular Arrhythmias
- Hypertrophic Cardiomyopathy
- Congenital Heart Disease
- Others
By End Use
- Surgical
- Cosmetic
- Dental
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- UK
- Italy
- Spain
- The Netherlands
- Norway
- Russia
- Sweden
- Switzerland
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- New Zealand
- Taiwan
- Thailand
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Chile
- Columbia
- Egypt
- Iran
- Israel
- Turkey
- Venezuela
- Rest of LAMEA
CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. MARKET DYNAMICS
3.3.1. Drivers
3.3.1.1. Increasing application of medical lasers in various applications
3.3.1.2. Increasing importance of aesthetic procedures
3.3.1.3. Increasing focus on non-invasive treatment
3.3.2. Restrains
3.3.2.1. Stringent safety regulations concerning usage of medical lasers
3.3.2.2. Possibility of failure of laser based surgical procedures
3.3.3. Opportunities
3.3.3.1. Increasing demand for laser based procedures in emerging countries
CHAPTER 4 MEDICAL LASERS MARKET, BY PRODUCT TYPE
4.1. OVERVIEW
4.1.1. Market size and forecast
4.2. SOLID STATE LASER SYSTEMS
4.2.1. Market size and forecast
4.3. GAS LASER SYSTEMS
4.3.1. Market size and forecast
4.4. DYE LASER SYSTEMS
4.4.1. Market size and forecast
4.5. DIODE LASER SYSTEMS
4.5.1. Market size and forecast
CHAPTER 5 MEDICAL LASERS MARKET, BY APPLICATION
5.1. OVERVIEW
5.1.1. Market size and forecast
5.2. OPHTHALMOLOGY
5.2.1. Market size and forecast
5.3. DERMATOLOGY
5.3.1. Market size and forecast
5.4. GYNECOLOGY
5.4.1. Market size and forecast
5.5. DENTISTRY
5.5.1. Market size and forecast
5.6. UROLOGY
5.6.1. Market size and forecast
5.7. CARDIOLOGY
5.7.1. Market size and forecast
5.8. OTHERS
5.8.1. Market size and forecast
CHAPTER 6 MEDICAL LASERS MARKET, BY END USE
6.1. OVERVIEW
6.1.1. Market size and forecast
6.2. SURGICAL
6.2.1. Market size and forecast
6.3. COSMETIC LASERS
6.3.1. Market size and forecast
6.4. DENTAL
6.4.1. Market size and forecast
CHAPTER 7 MEDICAL LASERS MARKET, BY GEOGRAPHY
7.1. OVERVIEW
7.1.1. Market size and forecast
7.2. NORTH AMERICA
7.2.1. Key market trends
7.2.2. Key growth factors and opportunity
7.2.3. Market size and forecast
7.2.4. U.S. Market size and forecast
7.2.5. Canada Market size and forecast
7.2.6. Mexico Market size and forecast
7.3. EUROPE
7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast
7.3.4. France Market size and forecast
7.3.5. Germany Market size and forecast
7.3.6. UK Market size and forecast
7.3.7. Italy Market size and forecast
7.3.8. Spain Market size and forecast
7.3.9. The Netherlands Market size and forecast
7.3.10. Norway Market size and forecast
7.3.11. Russia Market size and forecast
7.3.12. Sweden Market size and forecast
7.3.13. Switzerland Market size and forecast
7.3.14. Rest of Europe Market size and forecast
7.4. ASIA-PACIFIC
7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast
7.4.4. Japan Market size and forecast
7.4.5. China Market size and forecast
7.4.6. India Market size and forecast
7.4.7. Australia Market size and forecast
7.4.8. South Korea Market size and forecast
7.4.9. New Zealand Market size and forecast
7.4.10. Taiwan Market size and forecast
7.4.11. Thailand Market size and forecast
7.4.12. Rest of Asia-Pacific Market size and forecast
7.5. LAMEA
7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast
7.5.4. Brazil Market size and forecast
7.5.5. Saudi Arabia Market size and forecast
7.5.6. South Africa Market size and forecast
7.5.7. Chile Market size and forecast
7.5.8. Columbia Market size and forecast
7.5.9. Egypt Market size and forecast
7.5.10. Iran Market size and forecast
7.5.11. Israel Market size and forecast
7.5.12. Turkey Market size and forecast
7.5.13. Venezuela Market size and forecast
7.5.14. Rest of LAMEA Market size and forecast
CHAPTER 8 COMPANY PROFILES
8.1. PHOTOMEDEX, INC.
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Business performance
8.1.5. Key strategic moves and developments
8.2. LUMENIS LTD.
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Business performance
8.2.5. Key strategic moves and developments
8.3. ELLEX MEDICAL LASERS LTD.
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Business performance
8.3.5. Key strategic moves and developments
8.4. SPECTRANETICS CORPORATION
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Business performance
8.4.5. Key strategic moves and developments
8.5. NOVARTIS AG
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Business performance
8.5.5. Key strategic moves and developments
8.6. CARDIOGENESIS CORPORATION
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Business performance
8.6.5. Key strategic moves and developments
8.7. BIOLASE INC.
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Business performance
8.7.5. Key strategic moves and developments
8.8. BOSTON SCIENTIFIC CORPORATION
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Business performance
8.8.5. Key strategic moves and developments
8.9. BAUSCH & LOMB HOLDINGS, INC
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Business performance
8.9.5. Key strategic moves and developments
8.10. SYNERON-CANDELA
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Business performance
8.10.5. Key strategic moves and developments
LIST OF TABLES
TABLE 1. GLOBAL MEDICAL LASERS MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 2. GLOBAL SOLID STATE LASERS SYSTEMS MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 3. SOLID STATE LASERS SYSTEMS MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 4. GLOBAL GAS LASER SYSTEMS MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 5. GAS LASER SYSTEMS MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 6. DYE LASER SYSTEMS MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 7. DIODE LASER SYSTEMS MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 8. GLOBAL MEDICAL LASERS MARKET, BY APPLICATION, 2016 2023 ($MILLION)
TABLE 9. GLOBAL MEDICAL LASERS MARKET FOR OPHTHALMOLOGY, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 10. MEDICAL LASERS MARKET FOR OPHTHALMOLOGY, BY REGION, 2016-2023 ($MILLION)
TABLE 11. GLOBAL MEDICAL LASERS MARKET FOR DERMATOLOGY, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 12. MEDICAL LASERS MARKET FOR DERMATOLOGY, BY REGION, 2016-2023 ($MILLION)
TABLE 13. MEDICAL LASERS MARKET FOR GYNECOLOGY, BY REGION, 2016-2023 ($MILLION)
TABLE 14. MEDICAL LASERS MARKET FOR DENTISTRY, BY REGION, 2016-2023 ($MILLION)
TABLE 15. GLOBAL MEDICAL LASERS MARKET FOR UROLOGY, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 16. MEDICAL LASERS MARKET FOR UROLOGY, BY REGION, 2016-2023 ($MILLION)
TABLE 17. GLOBAL MEDICAL LASERS MARKET FOR CARDIOLOGY, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 18. MEDICAL LASERS MARKET FOR CARDIOLOGY, BY REGION, 2016-2023 ($MILLION)
TABLE 19. MEDICAL LASERS MARKET FOR OTHER APPLICATIONS, BY REGION, 2016-2023 ($MILLION)
TABLE 20. GLOBAL MEDICAL LASERS MARKET, BY END USE, 2016 2023 ($MILLION)
TABLE 21. SURGICAL LASERS MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 22. COSMETIC LASERS MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 23. DENTAL LASERS MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 24. MEDICAL LASERS MARKET, BY REGION, 2016 2023 ($MILLION)
TABLE 25. NORTH AMERICA MEDICAL LASERS MARKET, BY COUNTRY, 2016 2023 ($MILLION)
TABLE 26. NORTH AMERICA MEDICAL LASERS MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 27. NORTH AMERICA MEDICAL LASERS MARKET, BY APPLICATIONS, 2016-2023 ($MILLION)
TABLE 28. NORTH AMERICA MEDICAL LASERS MARKET, BY END USE, 2016-2023 ($MILLION)
TABLE 29. EUROPE MEDICAL LASERS MARKET, BY COUNTRY, 2016 2023 ($MILLION)
TABLE 30. EUROPE MEDICAL LASERS MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 31. EUROPE MEDICAL LASERS MARKET, BY APPLICATIONS, 2016-2023 ($MILLION)
TABLE 32. EUROPE MEDICAL LASERS MARKET, BY END USE, 2016-2023 ($MILLION)
TABLE 33. ASIA-PACIFIC MEDICAL LASERS MARKET, BY COUNTRY, 2016 2023 ($MILLION)
TABLE 34. ASIA-PACIFIC MEDICAL LASERS MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 35. ASIA-PACIFIC MEDICAL LASERS MARKET, BY APPLICATIONS, 2016-2023 ($MILLION)
TABLE 36. ASIA-PACIFIC MEDICAL LASERS MARKET, BY END USE, 2016-2023 ($MILLION)
TABLE 37. LAMEA MEDICAL LASERS MARKET, BY COUNTRY, 2016 2023 ($MILLION)
TABLE 38. LAMEA MEDICAL LASERS MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 39. LAMEA MEDICAL LASERS MARKET, BY APPLICATIONS, 2016-2023 ($MILLION)
TABLE 40. LAMEA MEDICAL LASERS MARKET, BY END USE, 2016-2023 ($MILLION)
TABLE 41. PHOTOMEDEX: COMPANY SNAPSHOT
TABLE 42. PHOTOMEDEX: OPERATING SEGMENTS
TABLE 43. LUMENIS: COMPANY SNAPSHOT
TABLE 44. LUMENIS: OPERATING SEGMENTS
TABLE 45. ELLEX: COMPANY SNAPSHOT
TABLE 46. ELLEX: OPERATING SEGMENTS
TABLE 47. SPECTRANETICS: COMPANY SNAPSHOT
TABLE 48. SPECTRANETICS: OPERATING SEGMENTS
TABLE 49. NOVARTIS: COMPANY SNAPSHOT
TABLE 50. NOVARTIS: OPERATING SEGMENTS
TABLE 51. CARDIOGENESIS: COMPANY SNAPSHOT
TABLE 52. CARDIOGENESIS: OPERATING SEGMENTS
TABLE 53. BIOLASE: COMPANY SNAPSHOT
TABLE 54. BIOLASE: OPERATING SEGMENTS
TABLE 55. BOSTON SCIENTIFIC: COMPANY SNAPSHOT
TABLE 56. BOSTON SCIENTIFIC: OPERATING SEGMENTS
TABLE 57. BAUSH & LOMB: COMPANY SNAPSHOT
TABLE 58. BAUSH & LOMB: OPERATING SEGMENTS
TABLE 59. SYNERON-CANDELA: COMPANY SNAPSHOT
TABLE 60. SYNERON-CANDELA: OPERATING SEGMENTS
LIST OF FIGURES
FIGURE 1. GLOBAL MEDICAL LASERS MARKET, 2017-2023
FIGURE 2. SEGMENTATION OF GLOBAL MEDICAL LASERS MARKET
FIGURE 3. TOP INVESTMENT POCKETS IN GLOBAL MEDICAL LASERS MARKET
FIGURE 4. TOP WINNING STRATEGIES: PERCENTAGE DISTRIBUTION (2016)
FIGURE 5. RESTRAINTS AND DRIVERS: GLOBAL MEDICAL LASERS MARKET
FIGURE 6. U.S. MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 7. CANADA MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 8. MEXICO MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 9. FRANCE MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 10. GERMANY MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 11. UK MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 12. ITALY MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 13. SPAIN MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 14. THE NETHERLANDS MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 15. NORWAY MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 16. RUSSIA MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 17. SWEDEN MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 18. SWITZERLAND MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 19. REST OF EUROPE MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 20. JAPAN MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 21. CHINA MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 22. INDIA MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 23. AUSTRALIA MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 24. SOUTH KOREA MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 25. NEW ZEALAND MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 26. TAIWAN MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 27. THAILAND MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 28. REST OF ASIA-PACIFIC MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 29. BRAZIL MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 30. SAUDI ARABIA MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 31. SOUTH AFRICA MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 32. CHILE MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 33. COLUMBIA MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 34. EGYPT MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 35. IRAN MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 36. ISRAEL MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 37. TURKEY MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 38. VENEZUELA MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 39. REST OF LAMEA MEDICAL LASERS MARKET, 2016-2023 ($MILLION)
FIGURE 40. PHOTOMEDEX: NET SALES, 2014 2016 ($MILLION)
FIGURE 41. PHOTOMEDEX: REVENUE BY SEGMENT, 2016 (%)
FIGURE 42. PHOTOMEDEX: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 43. LUMENIS: NET SALES, 2014 2016 ($MILLION)
FIGURE 44. LUMENIS: REVENUE BY SEGMENT, 2016 (%)
FIGURE 45. LUMENIS: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 46. ELLEX: NET SALES, 2014 2016 ($MILLION)
FIGURE 47. ELLEX: REVENUE BY SEGMENT, 2016 (%)
FIGURE 48. ELLEX: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 49. SPECTRANETICS: NET SALES, 2014 2016 ($MILLION)
FIGURE 50. SPECTRANETICS: REVENUE BY SEGMENT, 2016 (%)
FIGURE 51. SPECTRANETICS: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 52. NOVARTIS: NET SALES, 2014 2016 ($MILLION)
FIGURE 53. NOVARTIS: REVENUE BY SEGMENT, 2016 (%)
FIGURE 54. NOVARTIS: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 55. CARDIOGENESIS: NET SALES, 2014 2016 ($MILLION)
FIGURE 56. CARDIOGENESIS: REVENUE BY SEGMENT, 2016 (%)
FIGURE 57. CARDIOGENESIS: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 58. BIOLASE: NET SALES, 2014 2016 ($MILLION)
FIGURE 59. BIOLASE: REVENUE BY SEGMENT, 2016 (%)
FIGURE 60. BIOLASE: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 61. BOSTON SCIENTIFIC: NET SALES, 2014 2016 ($MILLION)
FIGURE 62. BOSTON SCIENTIFIC: REVENUE BY SEGMENT, 2016 (%)
FIGURE 63. BOSTON SCIENTIFIC: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 64. BAUSH & LOMB: NET SALES, 2014 2016 ($MILLION)
FIGURE 65. BAUSH & LOMB: REVENUE BY SEGMENT, 2016 (%)
FIGURE 66. BAUSH & LOMB: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 67. SYNERON-CANDELA: NET SALES, 2014 2016 ($MILLION)
FIGURE 68. SYNERON-CANDELA: REVENUE BY SEGMENT, 2016 (%)
FIGURE 69. SYNERON-CANDELA: REVENUE BY GEOGRAPHY, 2016 (%)
The global medical lasers market is expected to witness significant growth in the near future, owing to the high prevalence of various diseases across all geographies. North America is expected to account for the major share of the market throughout the forecast period, owing to the high prevalence of cardiology, urology, eye-related, and other diseases. Asia-Pacific and LAMEA are expected to offer lucrative opportunities to market players in the near future. India and China are expected to be the market of interest for the major medical lasers manufacturers, owing to high prevalence of eye-related diseases, such as cataract, glaucoma, other diseases, and increase in geriatric population. In addition, the market experiences a positive paradigm shift in the recent years as major players have distributed their products in the emerging markets, including China, India, and Brazil.
The growth of the global medical lasers market is attributed to increase in incidence of various eye disorders due to the growth in elderly population. Moreover, rise in number of patients using advanced laser-based treatments globally and increase in importance of aesthetics are other factors that contribute to the growth of global medical laser systems market. However, stringent safety regulations and high rate of failure hamper the market growth.
In the present scenario, the cosmetic segment dominates the global medical lasers market, owing to growth in prevalence of cosmetic procedures globally. For instance, as per a report published by American Society of Plastic Surgeons in 2016, around 1.8 million cosmetic surgical procedures and 15.5 million cosmetic minimally invasive procedures were performed.
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