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Allied Market Research

Solid and Diode Medical Laser Market Global Opportunity Analysis and Industry Forecast 2020-2027

A11456
Pages: NA
Aug 2021 | 32 Views
 
Author(s) : Onkar Sumant
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Laser is referred to as the device which produces highly directional light. It emits light through a procedure of stimulated emission of radiation, which increases the intensity of light. The word ‘LASER’ stands for Light Amplification by Stimulated Emission of Radiation. It is different from the conventional light in various aspects like coherence, directionality, monochromatic factor and high intensity. They are classified into four major types. They are namely solid-state laser, gas laser, liquid laser, semiconductor laser. The solid state laser is defined as the laser which uses the solid as a laser medium. It uses the materials like the glass or crystalline materials. The process in which the impurities are added to the medium is called as doping. Some of the rare earth elements used in it are cerium, erbium, and terbium. The semiconductor laser is the laser which uses electrical energy as the pump source. In these lasers a p-n junction of a semiconductor diode is used as an active medium. The optical is produced within the semiconductor material. This laser plays a major role in everyday life. They are cheap with compact size and consume less power. The lasers are also called as laser diodes. These lasers have wide variety of applications in the medical sectors such as in the dermatology, dentistry and so on. They provide effective and convenient treatment for the problems related to skin and dentistry.

Solid-and-Diode-Medical-Laser

        Market scope and structure analysis:

Report Metric

Details

  Market size available for years

2019–2027

  Base year considered

2019

  Forecast period

2020–2027

  Forecast units

Value (USD)

  Segments covered

Product type, Application, Treatment,  Region

  Regions covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

  Companies covered

Major players analyzed include Biolase Inc., Bison Medical, Candela Laser Corporation, Coherent, Inc., Cutera Inc., Eufoton SRL., Fotona d.o.o., Hologic, Inc., IPG Photonics Corporation, Lumenis Ltd., PhotoMedex, others.


 COVID-19 Scenario Analysis:

To take care of infected population, the demand for medical supplies is increasing. Respiratory support devices such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With rise in number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both from healthcare professionals and civil population for precautionary measures. Manufacturers of these products have a chance to capitalize this increased demand of medical supplies to ensure adequate and continuous supply of personal protective equipment in the market.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, Impact Analysis

Increase in prevalence of diseases of skin like cellulite, fat storage, scars, fine lines, discoloration, acne, large pores, broken blood vessels, and age spots and also the diseases of the dentistry are expected to fuel the growth of the market. Moreover, increase in the adoption of the aesthetic treatments, increase in the government initiatives to advance the health care infrastructure and the growing aged population attention, increase in the awareness among the population by the seminars, exhibitions and conferences about the new laser devices available, the adoption of the technologically advanced dermatological procedures are also the factors responsible for the growth of the solid and diode medical laser market.

However, the high cost of the treatment and the lack of awareness among the population are the major factors expected to hamper the growth of the market.

New product launches to flourish the market:

In February 2020, Sisram Medical Ltd., announced the launch of the ClearSkin PRO which consists non-ablative 1540 nm Er:Glass laser. This is used in synthesis of the new dermis and helps to regenerate the extracellular matrix.

In February 2019, Cutera Inc., announced the launch of the excel V+ laser platform which is used in the optimization of the delivery system. It is another level of the Excel V for the higher precision.

Surge in the usage of the medical lasers:

The increase in the prevalence of the skin disease and the awareness of the treatment in the population can lead to increase in the usage of the medical laser devices. Moreover, the rise in the demand of the aesthetic treatment can also help to surge the usage of the medical lasers.

        Key segments covered:

Segments

Sub-segments

  Product type

  • Solid-state Laser System
  • Diode Laser System
  • Others

  Application

  • Dermatology
  • Dentistry 

  Treatment

  • Skin Resurfacing
  • Pigment Treatment
  • Hair removal

  Regions

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa


           Key benefits of the report:

  • This study presents the analytical depiction of the global solid and diode medical laser industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global solid and diode medical laser market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global solid and diode medical laser market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global solid and diode medical laser market analysis based on competitive intensity and how the competition will take shape in coming years.

          Questions answered in the solid and diode medical laser market research report:

  • What are the leading market players active in the solid and diode medical laser market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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