The Global Surgical Lasers Market is poised for considerable growth in the forecast period as demand for minimally invasive surgeries shows steady rise. Key insights into this market have been shared by Fortune Business Insights in its report, titled “Global Market Size, Share and Global Trend By Product Type (Argon, Diode, Carbon Dioxide, Neodymium: yttrium-aluminium-garnet, Others), By Procedure Type (Laparoscopic Surgery, Percutaneous Surgery, Open Surgery, Others), By Application (Oncology, Ophthalmology, Urology, Neurology, Cardiology), By End User (Hospitals & Clinics, Ambulatory Surgery Centers (ASCs), Others), and Geography Forecast till 2026”.
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Top Key Players Covered:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the global Surgical Lasers market. Some of the companies operating the global Market are;
- Lumenis, Bausch & Lomb Incorporated
- Johnson & Johnson Services, Inc.
- Alma Lasers
- Boston Scientific Corporation
- IPG Photonics Corporation.
Increasing Applicability in Oncological Procedures to Boost the Market
Laser surgeries are finding increasing demand in oncological procedures, which is expected to considerably boost the global surgical lasers market during the forecast period. Cancer treatments, including surgeries, require precision and effectiveness, something that surgical laser can potentially do. For example, carbon dioxide lasers can be used to treat skin cancers; argon lasers, which pass through superficial tissue such as skin, can penetrate cancer cells and destroy them.
Surgical lasers can prove effective in treating those affected by coronary heart disease. For example, individuals who cannot undergo bypass surgeries can be treated using surgical lasers such as trans-myocardial laser revascularization.
Other factors that will fuel the global market till 2026 include increasing prevalence of eye disorders, increasing preference for minimally invasive surgical procedures, technological advancement, faster post-surgical healing, and rising awareness about the benefits of laser surgeries.
By Product Type
- Carbon Dioxide
- Neodymium: yttrium-aluminum-garnet (Nd: YAG)
By Procedure Type
- Laparoscopic Surgery
- Percutaneous Surgery
- Open Surgery
North America to Account for Largest Market Share
Owing to the presence of market leaders, increasing number of chronic diseases, a well-established healthcare infrastructure, and easy access to advanced treatments, North America is and is expected to hold the largest market share between 2018 and 2026. The global surgical lasers market is also expected to get a boost from the Asia-Pacific region. This is mainly on account of increasing adoption of advanced medical technologies, rising income levels, and growing prevalence of chronic diseases.
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