Laser Therapy market report presents the best market and business solutions to Healthcare industry in this rapidly revolutionizing market place to thrive in the market. By taking into account strategic profiling of key players in the Healthcare industry, comprehensively analyzing their core competencies, and their strategies such as new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions, the report helps businesses improve their strategies to sell goods and services. This Laser Therapy Market business report also identifies and analyses the up-and-coming trends along with major drivers, challenges and opportunities in the Healthcare industry.
Key data and information used while preparing this report has been collected from the consistent sources that range from journals, websites, research papers, case studies, and magazines. Healthcare industry can be highly benefited with this Laser Therapy market report which brings market and competitive landscape clearly into the focus and help make better decisions. Analysis of major challenges faced currently by the business and the possible future challenges that the business may have to face while operating in this market are also taken into account.
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Global Laser Therapy Market is expected to rise from its initial estimated value of USD 1,346.01 million in 2018 to an estimated value of USD 2,682.01 billion by 2026 registering a CAGR of 9.0% in the forecast period of 2019-2026. This rise in the market can be attributed to the growing patient population with the medical conditions such as arthritis and cataract and growing demand for the noninvasive laser therapies in aesthetic treatment.
Few of the major market competitors currently working in the global laser therapy market are AMD LASERS, CAO Group, Inc., Biolase, Inc., Fotona d.o.o., Danaher, Dentsply Sirona, BISON MEDICAL, LightScalpel, THE YOSHIDA DENTAL MFG. CO., LTD., Zolar Technology & Mfg Co. Inc., FONA Dental, s.r.o., Convergent Dental, GPT Dental, Inc., Millennium Dental Technologies, Inc. (MDT), Lumenis, Alma Lasers, Genesis Biosytem, Hologic Inc., Cynosure Inc., Irisome Solution Inc., Sciton Inc., Biofrontera AG, Cutera Inc. among others.
Market Definition: Global Laser Therapy Market
LASER stands for Light Amplification by Stimulated Emission of Radiation and laser is a device which emits the light through the procedure of optical amplification. Laser therapy is a non-invasive therapy which uses the intense beams of light of particular wavelengths which helps to reduce pain in the injuries.
Segmentation: Global Laser Therapy Market
Laser Therapy Market : By Type
- Diode Lasers
- Solid State Lasers
- Liquid Lasers
- Semiconductor Lasers
- Gas Lasers, Dye Lasers
Laser Therapy Market : By Application
- Dermatology & Aesthetics
Laser Therapy Market : By End User
- Specialized Clinics
- Ambulatory Surgical Centers
Laser Therapy Market : By Geography
- North America
- South America
- Middle East and Africa
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Laser Therapy Market : Drivers
- Growing patient population with the medical conditions such as arthritis and cataract
- Growing demand for the noninvasive laser therapies in aesthetic treatment
- Increasing applications of laser therapies
Laser Therapy Market : Restraints
- High cost of laser therapy procedures
- Lack of reimbursement policy
- Lack of trained professionals
Key Developments in the Laser Therapy Market:
- In February 2017, Biolase Inc. launched the Waterlase Express, an all tissue laser system after receiving the 510(k) clearance from U.S. Food and Drug Administration (FDA).
- In October 2018, Lumenis launched the SPLENDOR X, a novel and solid state laser hair removal solution equipped with the unique BLEND X technology. The product is launched at the 2018 American Society of Dermatological Surgery (ASDS).
Laser Therapy Market : Competitive Analysis
The global laser therapy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of laser therapy market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Features mentioned in the report
- Changing market dynamics of the industry
- To get a comprehensive overview of the Laser Therapy market.
- Historical, current and projected market size in terms of volume and value
- In-depth market segmentation
- Competitive landscape of Laser Therapy Market
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