What is Medical Surgical Lasers?
Medical surgical lasers are medical devices that use precisely focused light sources to treat or surgically remove tissues. These lasers are used in numerous surgical procedures such as cosmetic surgery to remove tattoos, stretch marks, scars, wrinkles, sunspots, birthmarks, spider veins or hair), refractive eye surgery to reshape the cornea in order to correct or improve vision as in LASIK or PRK, dental procedures such as endodontic/periodontic procedures, tooth whitening, and oral surgery and general surgery such as tumor removal, cataract removal, breast surgery, plastic surgery and most other surgical procedures.
The market study is broken down by Type (Diode Lasers, Solid-State Lasers, Gas Lasers and Dye Lasers), by Application (Ophthalmology, Urology, Gynaecology, Dermatology, Dental, Cardiology and Oncology) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that Players from United States will contribute to the maximum growth of Global Medical Surgical Lasers market throughout the predicted period.
Abbott Laboratories, Inc. (United States), Boston Scientific Corporation (United States), Lumenis (Israel), Cynosure, Inc. (United States), Alma Lasers (Israel), IPG Photonics Corporation (United States), Spectranetics Corporation (United States), Biolitec AG (Austria), Fotona d.o.o. (Slovenia) and BISON MEDICAL Co., Ltd. (South Korea) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Medical Surgical Lasers market by Type, Application and Region.
On the basis of geography, the market of Medical Surgical Lasers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-user, the sub-segment i.e. Hospitals will boost the Medical Surgical Lasers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In August 2019, Boston Scientific Corporation had completed the acquisition of BTG plc. pursuant to the previously announced scheme of arrangement. BTG develops and commercializes products used in minimally-invasive procedures targeting cancer and vascular diseases, as well as specialty pharmaceuticals.
- Increasing Awareness about Benefits of LASIK Surgeries among People
- Increased Adoption of Minimally Invasive Surgeries
- Rising Applications of Medical Surgical Lasers in Various Treatments
- Rising Number of Surgical Procedures Across the Globe
- Growth in the Medical Tourism
- Increase in Healthcare Expenditure
- Development of Healthcare Infrastructure in Emerging Economies such as India and China
- High Procedural Costs Associated With Laser Surgeries
- Risks Associated with Laser Surgeries such as Incomplete Treatment of the Problem, Pain, Infection, Bleeding, Scarring, and Skin Color Changes
Key Target AudienceMedical Surgical Lasers Manufacturers, Distributors, Emerging Companies, Research Professionals and End-users
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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