Surgical Lasers Market, by Product (Diode Laser, Dye Laser, Gas Laser, and Solid State Laser), by Application (Cardiology, Dermatology, Dentistry, Gynecology, Ophthalmology, Oncology, Urology, and Others), by Surgery Type (Laparoscopic Surgery, Percutaneous Surgery, and Open Surgery), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018 - 2026

  • Published On : May 2019 |
  • Pages : 160 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Surgical Lasers Market – Insights

Surgical lasers use special light beams to perform surgical procedures instead of surgical instruments such as scalpel. Various types of lasers are used, each with specific functions during surgery. Laser light can be delivered either continuously or intermittently and can be used with fiber optics to treat areas of the body that are often difficult to access. Laser surgery is less invasive and has the advantage of reducing risk of infection and promotes fast healing.

Laser therapy uses high-intensity light to treat cancer and other illnesses. These can be used to shrink or destroy tumors or precancerous growths and treat superficial cancers including cancers on the surface of the body or the lining of internal organs such as basal cell skin cancer and the early stages of some cancers such as cervical, penile, vaginal, vulvar, and non-small cell lung cancer. Carbon dioxide (CO2) lasers, argon lasers, and neodymium: yttrium-aluminum-garnet (Nd:YAG) lasers are mostly used to treat cancer.

The global surgical lasers market size was valued at US$ 1.4 billion in 2017 and is expected to witness a CAGR of 5.4% over the forecast period (2018 – 2026).

Global Surgical Lasers Market Share (%), By Application, 2017

Source: Coherent Market Insights Analysis (2019)

Increasing number of surgical procedures worldwide is expected to drive the surgical lasers market revenue

Rising prevalence of diseases such as cancer, cataract, kidney stones, and others, technological advancements in surgical lasers, and rising demand for minimally invasive surgeries are major factors driving the surgical lasers market growth. According to the National Institute of Diabetes and Digestive and Kidney Diseases Health Information Center, in 2016, the overall prevalence of chronic kidney disease in the U.S. was around 14%.

Lasers such as ophthalmic lasers are used for treatment of wide range of eye problems. Significant accuracy, low-cost, safe procedure, and convenient ophthalmic tools has increased the demand for ophthalmic lasers. Patients prefer ophthalmic lasers treatment due to pain free procedures and easy availability on an outpatient basis. According to Centre for Disease Control and Prevention in 2015, approximately 20.5 million people in the U.S. suffered from cataract, mainly those aged 40 years and older. Thus, increasing prevalence of cataract and advantages of laser surgery is expected to drive the surgical lasers market during the forecast period.

Surgical Lasers Market - Restraints

Limitations such as surgeons’ specialized training, strict safety precautions, and high cost of laser therapy is expected to negatively impact surgical laser market growth over the forecast period. Moreover, in some cases such as cancer, the effects of laser therapy may not last longer, so doctors might have to repeat the treatment to get better results.

As surgical lasers are categorized into medical devices, these products must also comply with the medical device regulations. Medical devices marketed in the U.S. are subject to the regulatory controls in the Federal Food, Drug, and Cosmetic Act (FD&C Act) and the regulations in Title 21- Code of Federal Regulations (21 CFR) Parts 1-58, 800-1299. Medical devices that emit radiation are also subject to regulations for radiation-emitting electronic products cited in 21CFR Parts 1000-1050. Manufacturers developing surgical lasers are required to fulfil these stringent norms, in order to bring their product into the market.

Surgical Lasers Market - Regional Insights

On the basis of region, the global surgical lasers market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America surgical lasers market is expected to generate significant revenue share over the forecast period, owing to increasing demand for effective therapeutic treatment for disorders related to eyes. According to the American Academy of Ophthalmology 2016, in the U.S., over 34 million patients were suffering from myopia.

Asia Pacific surgical lasers market is expected to grow at highest rate, owing to increasing diabetes prevalence, high disposable income, and improvement in healthcare infrastructure that has resulted in rising number of laser surgeries in the region. According to the American Academy of Ophthalmology, in 2016, 23% people were suffering from diabetic retinopathy in Asia.

Global Surgical Lasers Market Value (US$ Bn) & Y-o-Y Growth (%)

   

 Source: Coherent Market Insights Analysis (2019)

Surgical Lasers Market - Competitive Landscape

Key players operating in the global surgical lasers market include Alma Lasers, Abbott Laboratories, Inc., Biolitec AG, BISON MEDICAL Co. Ltd., Boston Scientific Corporation, Cynosure, Inc., Fotona d.o.o., Lumenis, IPG Photonics Corporation, and Spectranetics Corporation.

Lasers are used in surgeries such as vocal cord, cervical, lung, penile, skin, vaginal, and vulvar surgeries, as these are some of the difficult to treat location areas. Laser surgery is also used for palliative surgery in cancer patients, in order to help the patient feel better or function better even though it may not treat the cancer. For instance, the surgery may involve the removal of a growth, which is making it difficult for a patient to eat comfortably.

Market Dynamics

Increasing number of surgical procedures across the globe is likely to drive overall growth of the surgical laser market during the forecast period. According to the Centers for Disease Control and Prevention (CDC), cataract is the prominent eye disorder and around 42 million people were affected by severe loss of vision, with cataract being the main cause in 2014 among 116 countries that were studied. According to an estimation released by the Centers for Disease Control and Prevention (CDC), the total number of cataract patients worldwide is expected to increase to 30.1 million by 2020.

Medical lasers are extensively used for various types of cosmetic surgeries, including the removal of certain kinds of birthmarks, port-wine stains, reddish purple skin blotches, and others. The use of lasers in oral and maxillofacial surgery has witnessed a substantial increase in both, applications of lasers for different techniques and the number of surgeons opting to use them.

Some of the disadvantages of laser surgery such as scattered and reflected laser beams that pose massive health hazard to the operator, assistants, and patients, and high cost of the procedure and operator training are expected to hinder the surgical lasers market growth over the forecast period.

Key features of the study:

  • This report provides in-depth analysis of the surgical lasers market, market size (US$ Mn), and compound annual growth rate (CAGR (%)) for the forecast period: 2018 – 2026, considering 2017 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by leading players
  • It profiles key players in the global surgical lasers market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
  • Key players covered as a part of this study include Alma Lasers, Abbott Laboratories, Inc., Biolitec AG, BISON MEDICAL Co., Ltd., Boston Scientific Corporation, Cynosure, Inc., Fotona d.o.o., Lumenis, IPG Photonics Corporation, and Spectranetics Corporation
  • Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
  • The global surgical lasers market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for surgical lasers market, research and consulting firms, new entrants, and financial analysts

Detailed Segmentation:

  • Global Surgical Lasers Market, By Product:
    • Diode Laser
    • Dye Laser
    • Gas Laser
    • Solid State Laser
  • Global Surgical Lasers Market, By Application:
    • Cardiology
    • Dermatology
    • Dentistry
    • Gynecology
    • Ophthalmology
    • Oncology
    • Urology
    • Others
  • Global Surgical Lasers Market, By Surgery Type:
    • Laparoscopic Surgery
    • Percutaneous Surgery
    • Open Surgery
  • Global Surgical Lasers Market, By Region:
    • North America
      • By Country:
        • U.S.
        • Canada
      • By Product:
        • Diode Laser
        • Dye Laser
        • Gas Laser
        • Solid State Laser
      • By Application:
        • Cardiology
        • Dermatology
        • Dentistry
        • Gynecology
        • Ophthalmology
        • Oncology
        • Urology
        • Others
      • By Surgery Type:
        • Laparoscopic Surgery
        • Percutaneous Surgery
        • Open Surgery
    • Europe
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
      • By Product:
        • Diode Laser
        • Dye Laser
        • Gas Laser
        • Solid State Laser
      • By Application:
        • Cardiology
        • Dermatology
        • Dentistry
        • Gynecology
        • Ophthalmology
        • Oncology
        • Urology
        • Others
      • By Surgery Type:
        • Laparoscopic Surgery
        • Percutaneous Surgery
        • Open Surgery
    • Asia Pacific
      • By Country:
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
      • By Product:
        • Diode Laser
        • Dye Laser
        • Gas Laser
        • Solid State Laser
      • By Application:
        • Cardiology
        • Dermatology
        • Dentistry
        • Gynecology
        • Ophthalmology
        • Oncology
        • Urology
        • Others
      • By Surgery Type:
        • Laparoscopic Surgery
        • Percutaneous Surgery
        • Open Surgery
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
      • By Product:
        • Diode Laser
        • Dye Laser
        • Gas Laser
        • Solid State Laser
      • By Application:
        • Cardiology
        • Dermatology
        • Dentistry
        • Gynecology
        • Ophthalmology
        • Oncology
        • Urology
        • Others
      • By Surgery Type:
        • Laparoscopic Surgery
        • Percutaneous Surgery
        • Open Surgery
    • Middle East
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
      • By Product:
        • Diode Laser
        • Dye Laser
        • Gas Laser
        • Solid State Laser
      • By Application:
        • Cardiology
        • Dermatology
        • Dentistry
        • Gynaecology
        • Ophthalmology
        • Oncology
        • Urology
        • Others
      • By Surgery Type:
        • Laparoscopic Surgery
        • Percutaneous Surgery
        • Open Surgery
    • Africa
      • By Country:
        • South Africa
        • Central Africa
        • North Africa
      • By Product:
        • Diode Laser
        • Dye Laser
        • Gas Laser
        • Solid State Laser
      • By Application:
        • Cardiology
        • Dermatology
        • Dentistry
        • Gynaecology
        • Ophthalmology
        • Oncology
        • Urology
        • Others
      • By Surgery Type:
        • Laparoscopic Surgery
        • Percutaneous Surgery
        • Open Surgery
  • Company Profiles
    • Alma Lasers*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Highlights
      • Strategies
    • Abbott Laboratories, Inc.
    • Biolitec AG
    • BISON MEDICAL Co. Ltd.
    • Boston Scientific Corporation
    • Cynosure, Inc.
    • Fotona d.o.o.
    • Lumenis
    • IPG Photonics Corporation
    • Spectranetics Corporation

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product
      • Market Snippet, By Application
      • Market Snippet, By Surgery Type
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Market Trends
    • Key Developments
    • Technological Advancements
    • Regulatory Landscape
    • PEST Analysis
  4. Global Surgical Lasers Market, By Product, 2016 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Diode Laser
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Dye Laser
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Gas Laser
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Solid State Laser
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
  5. Global Surgical Lasers Market, By Application, 2016 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Cardiology
      •  Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Dermatology
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Dentistry
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Gynecology
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Ophthalmology
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Oncology
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Urology
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
  6. Global Surgical Lasers Market, By Surgery Type, 2016 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Laparoscopic Surgery
      •  Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Percutaneous Surgery
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Open Surgery
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
  7. Global Surgical Lasers Market, By Region, 2016 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, By Region, 2016 – 2026
      • Regional Trends
    • North America
      • Market Size and Forecast, By Product, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Surgery Type, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Product, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Surgery Type, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Surgery Type, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Product, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Surgery Type, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Africa
      • Market Size and Forecast, By Product, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Surgery Type, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • Northern Africa
        • Central Africa
        • South Africa
    • Middle East
      • Market Size and Forecast, By Product, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Surgery Type, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • GCC Countries
        • Israel
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • Alma Lasers
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Abbott Laboratories, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Biolitec AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • BISON MEDICAL Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Boston Scientific Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Cynosure, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Fotona d.o.o.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Lumenis
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • IPG Photonics Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Spectranetics Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
    • Analyst Views
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 37 market data tables and 25 figures on "Surgical Lasers Market” - Global forecast to 2026”.

Research Methodology

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  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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