Product ID: UCMIG35A2094
Medical Lasers Market Size, Share, Growth Analysis, By Type(Surgical Lasers, Dental Lasers), By Product(Laser Systems, Consumables), By End-User(Hospitals, Specialty Clinics), By Regions(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG35A2094 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Medical Lasers Market Insights
Market Overview:
The market size of medical lasers worldwide was valued at USD 4.15 billion in 2021 and is expected to increase from USD 4.80 billion in 2022 to USD 14.23 billion by 2029, with a CAGR of 16.8% during the forecast period. The medical laser industry experienced lower demand in all regions due to the global COVID-19 pandemic. Our analysis shows that the market had a decrease of 12.9% in 2020 as compared to 2019.
Medical Lasers Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Medical Lasers Market Report Snapshots
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