Surgical Lasers Market Size, Share, Outlook And Opportunity Analysis 2018-2026

Surgical Lasers Market

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.

Market Overview:

Lasers are used for surgical procedures to reduce postoperative pain, bleeding, and swelling. They have been in use by medical professionals for over fifty years. Today, they are an essential tool for modern surgeons. During surgery, a surgeon uses a laser to seal blood vessels and nerve endings. This makes the healing process faster and less prone to infection. The most common laser used for soft-tissue surgeries is the CO2 laser. Surgeons can control the power of the laser to cut tissue in small or large amounts. It is a versatile instrument that is safe to use. However, it is important to train the clinician to use the laser correctly. Before a surgeon can use a laser to operate on the human body, they must be trained in the proper use of this device. Since the beam is focused and produces a high-intensity beam, it is necessary to know the proper distance between the laser and the tissue. A laser's focal spot defines the quality of the laser cut. If the laser beam is too large, the cut will be incomplete.

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).

Competitive Landscape:

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

Key Market Drivers:

The increasing incidence of surgical procedures in the world is expected to augment the growth of the global Surgical Lasers Market. For instance, according to the National Institutes of Health (NIH), around 234 million major surgical procedures are done annually worldwide. Other than general surgical applications, lasers are used in cosmetic and plastic surgery. They can be applied for the removal of tumors and cataracts. Additionally, they are used for whitening teeth and for endodontic and periodontic dental procedures. Some dermatological conditions can also be treated with surgical lasers. Moreover, high technological advancements related to laser surgery are estimated to enhance the growth of the global Surgical Lasers Market.

Covid-19 Impact Analysis:

During the later phase of the COVID-19 pandemic, there have been several developments in the global Surgical Lasers Market. For instance, in December 2022, India-based RSB Wellness introduced the advanced Q-Switched laser machine, meant to be used for aesthetic treatments.

Key Takeaways:

·  North America is expected to dominate the growth of the global surgical lasers market, owing to the high expansion of healthcare centers in the region. For instance, according to the American Hospital Association, there are currently around 6093 hospitals in the United States.

·   The Asia Pacific is estimated to witness high growth in the global surgical lasers market, owing to the increasing incidence of surgeries in the region. For instance, according to the National Institutes of Health (NIH), around 3646 surgeries were performed in India in 2020.