Published by mark itwired
Posted on September 20, 2021
The global laser therapy devices market is projected to grow at 4% CAGR throughout the forecast period of 2021 to 2031. Rising cases of infections and wounds after performing conventional surgical procedures, compelled the healthcare system to work towards the discovery of non-conventional treatment methods.
Laser therapy devices are mostly used in oncology for treatment of cancer in the form of radiation treatment. In 2018, around 9 million people died globally from some form of cancer according to the Cancer Atlas. With increasing incidence of cancer patients, the laser therapy device market is forecast to expand at a healthy pace during the projection period.
Low level laser therapy is being adopted by medical practitioners in order to reduce the laser surgery associated side-effects in the long-run. Several medical organizations are focusing in research and development to offer cost effective laser treatment.
Administering minimal invasive treatment procedure especially in ophthalmology and lithotripsy with laser lithotripsy proven highly efficient in the fragmentation of urinary and biliary stones. Studies highlighting the benefits of laser therapy will create attractive opportunities for the market in the coming years.
“Surging demand of breast augmentation procedures, liposuction and other cosmetic surgeries among younger population will drive the laser therapy devices market growth during the assessment period,” remarks the FMI analyst.
Request a report sample with 250 pages to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-5241
Key Takeaways
Prominent Drivers
Key Restraints
Discover more about the laser therapy devices market with figures and data tables, along with the table of contents. You will also find detailed market segmentation on https://www.futuremarketinsights.com/reports/laser-therapy-devices-market
Competitive Landscape
Market players are primarily focusing towards developing innovative products to standout in the highly competitive market. New product launches will assist them in developing strong portfolios allowing them for better market penetration.
They are also looking forward to strategic merger and acquisition as well as collaboration and partnership with important stake holders and distributors. For instance, Boston Scientific Corporation acquired NxThera in 2018, to introduce the NxThera’s Rezum® minimally invasive therapy for patients with benign prostatic hyperblasia (BPH).
This acquisition helped in advancement of Boston’s Urology and Pelvic Health business. The acquisition of Rezum® paired elegantly with the Boston’s GreenLight XPSTM Laser Therapy system and holmium laser platforms.
IPG Photonics Corporation offers wide range of laser therapy treatment solutions across broad medical segments which include the ophthalmology, dermatology, surgical, dentistry and medical imaging segments.
The company offers different categories of fiber lasers (CW and pulsed), Raman lasers (VIS and IR) and Mid-IR hybrid lasers. It also offers pico and femtosecond pulsed lasers at 1 and 1.5 µm.
Lumenis Ltd. launched a ground breaking holmium laser technology named MOSESTM 2.0 in July 2020, assisting in revolutionizing urology care. This was a follow up to MOSES technology introduced in 2017 with aim to improve the efficiency of urinary stones and enlarged prostate procedures.
Leading players profiled by FMI operating in laser therapy devices market are:
More Insights on FMI’s Laser therapy devices Market
The latest market study on global laser therapy devices market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global market potential, its growth, trends, and opportunities, the market is segmented on the basis of:
Device Type
End-User
Application
Region
Get Access to Research Methodology Prepared by Experts>>> https://www.futuremarketinsights.com/ask-question/rep-gb-5241
The post Raging Demand for Minimal Invasive Surgical Procedures Driving Laser Therapy Devices Market: FMI first appeared on Market Research Blog.
The global laser therapy devices market is projected to grow at 4% CAGR throughout the forecast period of 2021 to 2031. Rising cases of infections and wounds after performing conventional surgical procedures, compelled the healthcare system to work towards the discovery of non-conventional treatment methods.
Laser therapy devices are mostly used in oncology for treatment of cancer in the form of radiation treatment. In 2018, around 9 million people died globally from some form of cancer according to the Cancer Atlas. With increasing incidence of cancer patients, the laser therapy device market is forecast to expand at a healthy pace during the projection period.
Low level laser therapy is being adopted by medical practitioners in order to reduce the laser surgery associated side-effects in the long-run. Several medical organizations are focusing in research and development to offer cost effective laser treatment.
Administering minimal invasive treatment procedure especially in ophthalmology and lithotripsy with laser lithotripsy proven highly efficient in the fragmentation of urinary and biliary stones. Studies highlighting the benefits of laser therapy will create attractive opportunities for the market in the coming years.
“Surging demand of breast augmentation procedures, liposuction and other cosmetic surgeries among younger population will drive the laser therapy devices market growth during the assessment period,” remarks the FMI analyst.
Request a report sample with 250 pages to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-5241
Key Takeaways
Prominent Drivers
Key Restraints
Discover more about the laser therapy devices market with figures and data tables, along with the table of contents. You will also find detailed market segmentation on https://www.futuremarketinsights.com/reports/laser-therapy-devices-market
Competitive Landscape
Market players are primarily focusing towards developing innovative products to standout in the highly competitive market. New product launches will assist them in developing strong portfolios allowing them for better market penetration.
They are also looking forward to strategic merger and acquisition as well as collaboration and partnership with important stake holders and distributors. For instance, Boston Scientific Corporation acquired NxThera in 2018, to introduce the NxThera’s Rezum® minimally invasive therapy for patients with benign prostatic hyperblasia (BPH).
This acquisition helped in advancement of Boston’s Urology and Pelvic Health business. The acquisition of Rezum® paired elegantly with the Boston’s GreenLight XPSTM Laser Therapy system and holmium laser platforms.
IPG Photonics Corporation offers wide range of laser therapy treatment solutions across broad medical segments which include the ophthalmology, dermatology, surgical, dentistry and medical imaging segments.
The company offers different categories of fiber lasers (CW and pulsed), Raman lasers (VIS and IR) and Mid-IR hybrid lasers. It also offers pico and femtosecond pulsed lasers at 1 and 1.5 µm.
Lumenis Ltd. launched a ground breaking holmium laser technology named MOSESTM 2.0 in July 2020, assisting in revolutionizing urology care. This was a follow up to MOSES technology introduced in 2017 with aim to improve the efficiency of urinary stones and enlarged prostate procedures.
Leading players profiled by FMI operating in laser therapy devices market are:
More Insights on FMI’s Laser therapy devices Market
The latest market study on global laser therapy devices market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global market potential, its growth, trends, and opportunities, the market is segmented on the basis of:
Device Type
End-User
Application
Region
Get Access to Research Methodology Prepared by Experts>>> https://www.futuremarketinsights.com/ask-question/rep-gb-5241
The post Raging Demand for Minimal Invasive Surgical Procedures Driving Laser Therapy Devices Market: FMI first appeared on Market Research Blog.
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