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Global Medical Laser Systems Market Forecast to Grow at 13% CAGR from 2015-2019

May 18 2015

Technavio has published a new report on the global medical laser systems market, which is expected to grow at a CAGR of 13% from 2015-2019.

Medical Laser Systems: About the Report

Medical lasers are used to diagnose and treat different medical conditions in fields like dermatology, ophthalmology, gynecology, dentistry and urology. However, it is the increasing number of eye disorders that are expected to really propel growth in medical lasers.

“Lasik treatment is the most common form of elective surgery to treat eye disorders like myopia, hyperopia and astigmatism,” says Faisal Ghaus, Vice President of Technavio.

The new industry analysis report by Technavio also emphasizes the growing adoption of medical lasers in surgery, which has helped make several procedure safer and more effective. Medical laser-based procedures provide advantages over surgical resection procedures, including reduced morbidity and shorter hospital stays.

Medical Laser Systems: Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and growth prospects of the global medical laser systems market from 2015-2019. To calculate the market size, the report considers the revenue generated from sales of medical laser systems for the treatment of various dermatological, ophthalmological, cardiovascular, urological, dental, and gynecological conditions.

Key Information Covered in the Report:

Key Vendors:
- AngioDynamics Inc.
- IRIDEX Corp.
- Lumenis Ltd.
- Photomedex Inc.
- Spectranetics Corp.
Market Growth Drivers:
- Increase in Number of Eye Disorders
- For a full detailed list, view our report.
Market Challenges:
- Risks Associated with Laser Technology
- For a full detailed list, view our report.
Market Trends:
- Rise in Adoption of Medical Laser Procedures
- For a full detailed list, view our report.