Increasing application of these systems for diagnostic purposes, rising geriatric population base, propelling demand for cosmetic surgeries and technological advances in pre-existing laser systems are vital factors driving the demand of this market.
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Medical Laser Systems Market Hits USD 12.5 Billion By 2022: Grand View Research, Inc.
1. Medical Laser Systems Market Worth $12.5 Billion By 2022
The global medical laser systems market is expected to reach USD 12.5 billion by 2022,
according to a new report by Grand View Research, Inc. Rising demand for minimal and non-
invasive procedures by patients is anticipated to be the most impact rendering driver of the
market.
Increasing application of these systems for diagnostic purposes, rising geriatric population base,
propelling demand for cosmetic surgeries and technological advances in pre-existing laser
systems are vital factors driving the demand of this market.
Medical laser systems are being prominently applied in various branches of biology such as
urology, cardiology, ophthalmology etc for the purpose of diagnosis, disease management and
prevention. Augmenting cases of these disorders is expected to positively impact market growth
over the forecast period.
Solid state lasers are anticipated to grow at the fastest rate during the forecast period due to
higher reliability, smaller compact designs, lowered cost of purchase and prolonged life span of
the systems. Diode lasers are expected to hold a significant market share owing to the
introduction of next generation Optically Pumped Semiconductor Lasers (OPSLs) that provide
unmatched electrical efficiency.
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2. North America medical laser systems market, by product, 2012-2022, (USD Million)
Table of Content
Chapter 1. Methodology and Scope
1.1. Research methodology
1.2. Research scope & assumption
1.3. List of data sources
Chapter 2. Executive Summary
2.1. Medical Laser Systems - Industry Summary and Key Buying Criteria, 2012 - 2022
Chapter 3. Medical Laser Systems Industry Outlook
3.1. Medical laser systems market segmentation
3.2. Medical laser systems market size and growth prospects, 2012-2022
3.3. Medical laser systems market dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint analysis
3.4. Key opportunities prioritized
3.5. Industry analysis - Porter's
3.6. Medical laser systems : Company market share, 2014
3.7. Medical laser systems market PESTEL analysis, 2014
3. Chapter 4. Medical Laser Systems Product Outlook
4.1. Medical laser systems market share by product, 2014 & 2022
4.2. Diode lasers market estimates and forecasts, 2012 – 2022 (USD Million)
4.3. Solid state lasers market estimates and forecasts, 2012 – 2022 (USD Million)
4.3.1. Holmium Yttrium Aluminum Garnet (Ho:Yag) lasers market estimates and
forecasts, 2012 – 2022 (USD Million)
4.3.2. Erbium Yttrium Aluminum Garnet (Er:Yag) lasers market estimates and
forecasts, 2012 – 2022 (USD Million)
4.3.3. Neodynium Yttrium Aluminum Garnet (Nd:Yag) lasers market estimates and
forecasts, 2012 – 2022 (USD Million)
4.3.4. Potassium Titanyl Phosphate (KTP) market estimates and forecasts, 2012 –
2022 (USD Million)
4.3.5. Alexandrite lasers market estimates and forecasts, 2012 – 2022 (USD Million)
4.3.6. Ruby lasers market estimates and forecasts, 2012 – 2022 (USD Million)
4.4. Gas lasers market estimates and forecasts, 2012 – 2022 (USD Million)
4.4.1. CO2 lasers market estimates and forecasts, 2012 – 2022 (USD Million)
4.4.2. Argon lasers market estimates and forecasts, 2012 – 2022 (USD Million)
4.4.3. Krypton lasers market estimates and forecasts, 2012 – 2022 (USD Million)
4.4.4. Metal Vapor (Cu & Au) market estimates and forecasts, 2012 – 2022 (USD
Million)
4.4.5. Helium-Neon lasers market estimates and forecasts, 2012 – 2022 (USD Million)
4.4.6. Excimer lasers market estimates and forecasts, 2012 – 2022 (USD Million)
4.5. Dye lasers market estimates and forecasts, 2012 – 2022 (USD Million)
Chapter 5. Medical Laser Systems Application Outlook
5.1. Medical laser systems market share by application, 2014 & 2022
5.2. Dermatology based lasers market estimates and forecasts, 2012 – 2022 (USD
Million)
5.3. Ophthalmology based lasers market estimates and forecasts, 2012 – 2022 (USD
Million)
5.4. Gynecology based lasers market estimates and forecasts, 2012 – 2022 (USD
Million)
5.5. Urology based lasers market estimates and forecasts, 2012 – 2022 (USD Million)
5.6. Dentistry based lasers market estimates and forecasts, 2012 – 2022 (USD Million)
5.7. Cardiology based lasers market estimates and forecasts, 2012 – 2022 (USD Million)
5.8. Others based lasers market estimates and forecasts, 2012 – 2022 (USD Million)
Chapter 6. Medical Laser Systems Regional Outlook
6.1. North America
6.1.1. North America market, by product, 2012 – 2022 (USD Million)
4. 6.1.2. North America market, by application, 2012 – 2022 (USD Million)
6.2. Europe
6.2.1. Europe market, by product, 2012 – 2022 (USD Million)
6.2.2. Europe market, by application, 2012 – 2022 (USD Million)
6.3. Asia Pacific
6.3.1. Asia Pacific market, by product, 2012 – 2022 (USD Million)
6.3.2. Asia Pacific market, by application, 2012 – 2022 (USD Million)
6.4. RoW
6.4.1. RoW market, by product, 2012 – 2022 (USD Million)
6.4.2. RoW market, by application, 2012 – 2022 (USD Million)
Chapter 7. Competitive Landscape
7.1. Lumenix Ltd.
7.1.1. Company Overview
7.1.2. Financial Performance
7.1.3. Product Benchmarking
7.1.4. Strategic Initiatives
7.2. Photomedex Inc.
7.2.1. Company Overview
7.2.2. Financial Performance
7.2.3. Product Benchmarking
7.2.4. Strategic Initiatives
7.3. Spectranetics Corporation
7.3.1. Company Overview
7.3.2. Financial Performance
7.3.3. Product Benchmarking
7.3.4. Strategic Initiatives
7.4. BIOLASE Inc.
7.4.1. Company Overview
7.4.2. Financial Performance
7.4.3. Product Benchmarking
7.4.4. Strategic Initiatives
7.5. IRIDEX Corporation
7.5.1. Company Overview
7.5.2. Financial Performance
7.5.3. Product Benchmarking
7.5.4. Strategic Initiatives
7.6. Bioform Medical Inc.
7.6.1. Company Overview
5. 7.6.2. Financial Performance
7.6.3. Product Benchmarking
7.6.4. Strategic Initiatives
7.7. biolitec
7.7.1. Company Overview
7.7.2. Financial Performance
7.7.3. Product Benchmarking
7.7.4. Strategic Initiatives
7.8. Cutera
7.8.1. Company Overview
7.8.2. Financial Performance
7.8.3. Product Benchmarking
7.8.4. Strategic Initiatives
7.9. Candela
7.9.1. Company Overview
7.9.2. Financial Performance
7.9.3. Product Benchmarking
7.9.4. Strategic Initiatives
7.10. Palomar Medical Technologies
7.10.1. Company Overview
7.10.2. Financial Performance
7.10.3. Product Benchmarking
7.10.4. Strategic Initiatives
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system-market
List of Tables
1. Medical laser systems - Industry Snapshot
2. Medical laser systems market , by product, 2012 - 2022 (USD million)
3. Medical laser systems market , by application, 2012 - 2022 (USD million)
4. Medical laser systems market , by region, 2012 - 2022 (USD million)
5. Medical laser systems market - Key market drivers analysis
6. Medical laser systems market - Key market restraints analysis
7. North America medical laser systems market , by product, 2012 - 2022 (USD million)
8. North America medical laser systems market , by application, 2012 - 2022 (USD million)
9. Europe medical laser systems market , by product, 2012 - 2022 (USD million)
6. 10. Europe medical laser systems market , by application, 2012 - 2022 (USD million)
11. Asia Pacific medical laser systems market , by product, 2012 - 2022 (USD million)
12. Asia Pacific medical laser systems market , by application, 2012 - 2022 (USD million)
13. RoW medical laser systems market , by product, 2012 - 2022 (USD million)
14. RoW medical laser systems market , by application, 2012 - 2022 (USD million)
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laser-system-market
List of Figures
1. Medical laser systems market segmentation
2. Global medical laser systems market revenue, 2012 - 2022
3. Medical laser systems market dynamics
4. Key Opportunities Prioritized
5. Medical laser systems market Analysis - Porter's
6. Medical laser systems market Analysis - PESTEL Analysis
7. Global medical laser systems market , by product, 2012 - 2022 (USD million)
8. Diode laser market, 2012 - 2022 (USD million)
9. Solid state laser market, 2012 - 2022 (USD million)
10. Holmium Yttrium Aluminum Garnet (Ho:Yag) lasers market, 2012 - 2022 (USD million)
11. Erbium Yttrium Aluminum Garnet (Er:Yag) lasers market, 2012 - 2022 (USD million)
12. Neodynium Yttrium Aluminum Garnet (Nd:Yag) lasers market, 2012 - 2022 (USD million)
13. Potassium Titanyl Phosphate (KTP) market, 2012 - 2022 (USD million)
14. Alexandrite lasers market, 2012 - 2022 (USD million)
15. Ruby lasers market, 2012 - 2022 (USD million)
16. Gas laser market, 2012 - 2022 (USD million)
17. Co2 laser market, 2012 - 2022 (USD million)
18. Argon laser market, 2012 - 2022 (USD million)
19. Krypton laser market, 2012 - 2022 (USD million)
20. Metal Vapor (Au & Cu) laser market, 2012 - 2022 (USD million)
21. Helium-Neon laser market, 2012 - 2022 (USD million)
22. Excimer laser market, 2012 - 2022 (USD million)
23. Dye laser market, 2012 - 2022 (USD million)
24. Global medical laser systems market , by application 2012 to 2022 (USD million)
25. Dermatology based laser market, 2012 - 2022 (USD million)
26. Ophthalmology based laser market, 2012 - 2022 (USD million)
27. Gynecology based laser market, 2012 - 2022 (USD million)
28. Urology based laser market, 2012 - 2022 (USD million)
29. Dentistry based laser market, 2012 - 2022 (USD million)
7. 30. Cardiology based laser market, 2012 - 2022 (USD million)
31. Others based laser market, 2012 - 2022 (USD million)
32. Global medical laser systems market , by region 2012 to 2022 (USD million)
33. North America market, by product, 2012 to 2022 (USD million)
34. North America market, by application, 2012 to 2022 (USD million
35. Europe market, by product, 2012 to 2022 (USD million)
36. Europe market, by application, 2012 to 2022 (USD million)
37. Asia Pacific market, by product, 2012 to 2022 (USD million)
38. Asia Pacific market, by application, 2012 to 2022 (USD million)
39. RoW market, by product, 2012 to 2022 (USD million)
40. RoW market, by application, 2012 to 2022 (USD million)
Further key findings from the report suggest:
Solid state lasers are expected to grow at the fastest rate of over 10% during the forecast
period due to technological advances and increasing application in diagnostic field.
Neodynium Yttrium Aluminum Garnet (Nd:Yag) and Potassium titanyl phosphate (KTP)
are expected to drive growth over the forecast period.
On the basis of application segments, urology, cardiology and gynecology are expected to
be the top contributors of the medical laser systems market. Statistics provided by the
WHO estimate that over 17.5 million people annually are reported with chronic cases of
cardiovascular disorder that require surgical follow-up.
North America held over 35.0% of the market in 2014 due to rising disposable income,
rising geriatric population base coupled with increasing cases of age-related disorders and
conditions.
Asia Pacific is anticipated to witness lucrative growth and capture over 25.0% share of
the global market by 2022. Rising disposal income, increasing awareness and volume of
cosmetic surgeries, increasing incidences of diabetic retinopathy, rheumatoid arthritis and
dental caries are key drivers for the medical laser systems market growth within the
region.
Eminent players of this market include IRIDEX Corp., Lumenis Ltd., Syneron-Candela,
Photomedex Inc., Spectranetics Corp., Biolase Inc., Bioform Medica Inc., biolitec, and
Cutera.
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8. Grand View Research has segmented the global medical laser systems market on the basis of
products and region:
Medical Laser Systems Product Outlook (Revenue in USD Million, 2012 – 2022)
Diode Lasers
Solid State (Crystal) Lasers
Holmium Yttrium Aluminum Garnet (Ho:Yag) lasers
Erbium Yttrium Aluminum Garnet (Er:Yag) lasers
Neodynium Yttrium Aluminum Garnet (Nd:Yag) lasers
Potassium Titanyl Phosphate (KTP)
Alexandrite lasers
Ruby lasers
Gas Lasers
CO2
Argon
Krypton
Metal Vapor (Cu and Au)
Helium-Neon
Excimer
Dye Lasers
Medical Laser Systems Application Outlook (Revenue in USD Million, 2012 – 2022)
Dermatology
Ophthalmology
Gynecology
Urology
Dentistry
Cardiology
Others
Medical Laser Systems Regional Outlook (Revenue in USD Million, 2012 – 2022)
North America
Europe
Asia Pacific
RoW
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9. About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-
shelf, customized research reports and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and fact-based research
across a range of industries, from technology to chemicals, materials and energy. With a deep-
seated understanding of varied business environments, Grand View Research provides strategic
objective insights.
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