+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2013-07-02Number of Pages: 98

Medical Laser Systems Market (CO2 Laser, Excimer Laser, Ho:Yag Laser, Nd:Yag Laser, Dye Laser, Solid State Laser and Gas Laser, Ophthalmology, Dermatology, Urology and Cardiovascular) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018

LASER stands for light amplification by stimulated emission of radiations. It possesses properties such as high monochromaticity, coherence and directionality which attributes to its strong penetration power. Lasers are widely used as a tool in surgery and diagnosis.

 

Some of the major product types encompassing the medical laser systems market are diode lasers, solid state lasers, gas lasers and dye lasers. This position is majorly attributed to their use in an array of medical applications such as photodynamic therapy, numerous aesthetic treatments such as hair and wrinkle removal, liposuction and tooth whitening; and surgical treatments. Diode laser market held the largest market share in the global medical laser systems market in 2011 and is sub-segmented into following subtypes of lasers: Ho:Yag laser, Nd:Yag laser, Er:Yag laser, KTP laser, Alexandrite and Ruby Lasers. 

 

Amongst all these sub-segments of the solid state laser systems, in 2011, neodymium yttrium aluminum garnet lasers held the largest market share of the total solid state laser systems market and is expected to maintain its position in 2018. Its applicability to treat ailments in several medical fields such as dermatology, gastroenterology, urology, ophthalmology and gynecology justifies its position.

 

The holmium yttrium aluminum garnet lasers are expected to grow at the fastest CAGR of over 16% during 2012 to 2018. It finds medical application in the field of dermatology, urology and cardiology. Increasing demand of cosmetic procedures such as pigment lesion, tattoo and birthmark removal, temporary hair removal and wrinkle treatment contribute to the high growth rate of these laser systems.

 

The medical laser systems market is segmented on the basis of applications into eight major divisions, viz. ophthalmology, dermatology, gynecology, urology, dentistry, cardiovascular diseases and other applications such as rheumatology, traumatology, gastroenterology, etc. The cardiovascular segment of the medical laser systems market is expected to be the fastest growing market owing to the increase in the prevalence of cardiovascular diseases and development of cost effective treatment techniques.

 

The overall medical laser systems market is segmented into North America, Europe, Asia-Pacific and rest of the world. Among these regions, the North America medical laser systems market held majority of the market share in 2011 followed by Europe. Surgical procedures in Europe have taken a back seat to non-surgical, minimally invasive, anti-aging treatments. In the areas of skincare and dermatology, the focus has now shifted from conventional methods of treatment to advance technologies. It is no longer just about filling lines with hyaluronic acid or erasing wrinkles with a neurotoxin. Today, physicians are treating skin, for compactness and uniformity which can be accomplished through new generation of technically advanced aesthetic laser treatment. People who have undergone cosmetic treatments about 10 years ago have reached the age of 60 by now and there is a complete transformation in the scenario with regard to their demand for surgical processes. This has resulted in an increased demand for non-invasive cosmetic procedures, thus boosting medical laser market. 

 

 

Table of Content

 

Chapter 1 Preface

1.1 Report Description

1.2 Research Methodology

1.3 Market Segmentation

 

Chapter 2 Executive Summary

 

Chapter 3 Market Overview

3.1 Market Dynamics

      3.1.1 Market Drivers

               3.1.1.1 Rapid Rise in Age-Related Ophthalmic Disorders

               3.1.1.2 Increase in Awareness about Medical Aesthetics

               3.1.1.3 Impact Analysis of the Market Drivers

      3.1.2 Market Restraints

               3.1.2.1 Compliance with Stringent Safety Regulations

               3.1.2.2 High Failure Rates

               3.1.2.3 Implementation of Affordable Care Act in the US

               3.1.2.4 Impact Analysis of the market Restraints

      3.1.3 Market Opportunities

               3.1.3.1 Rise in Disposable Incomes in Developing Economies

3.2 Porter’s Five Forces Analysis for the Global Medical Laser Systems Market

      3.2.1 Bargaining Power of Suppliers

      3.2.2 Bargaining Power of Buyers

      3.2.3 Threat of New Entrants

      3.2.4 Threat of Substitutes

      3.2.5 Competitive Rivalry

3.3 Market Attractiveness Analysis of the Medical Laser Systems Market, By Geography

 

Chapter 4 Global Medical Laser Systems Market, By Products

4.1 Overview

4.2 Diode Laser Systems

      4.2.1 Global Diode Laser Systems Market, 2010-2018 (USD Million)

4.3 Solid State Laser Systems

      4.3.1 Global Solid State Laser Systems Market, 2010-2018 (USD Million)

      4.3.2 Holmium Yttrium Aluminum Garnet Laser (Ho:Yag) Systems

               4.3.2.1 Global Holmium Yttrium Aluminum Garnet Laser Systems Market, 2010-2018 (USD Million)

      4.3.3 Erbium Yttrium Aluminum Garnet Laser (Er:Yag) Systems

               4.3.3.1 Global Erbium Yttrium Aluminum Garnet Laser Systems Market, 2010-2018 (USD Million)

      4.3.4 Neodymium Yttrium Aluminum Garnet Laser (Nd:Yag) Systems

              4.3.4.1 Global Neodymium Yttrium Aluminum Garnet Laser Systems Market, 2010-2018 (USD Million)

      4.3.5 Potassium Titanyl Phosphate Laser Systems

              4.3.5.1 Global Potassium Titanyl Phosphate Laser Systems Market, 2010-2018 (USD Million)

      4.3.6 Alexandrite Laser Systems

               4.3.6.1 Global Alexandrite Laser Systems Market, 2010-2018 (USD Million)

      4.3.7 Ruby Laser Systems

               4.3.7.1 Global Ruby Laser Systems Market, 2010-2018 (USD Million)

4.4 Gas Laser Systems

      4.4.1 Global Gas Laser Systems Market, 2010-2018 (USD Million)

      4.4.2 CO2 Laser Systems

               4.4.2.1 Global CO2 Laser Systems Market, 2010 – 2018 (USD Million)

      4.4.3 Argon Laser Systems

              4.4.3.1 Global Argon Laser Systems Market, 2010-2018 (USD Million)

      4.4.4 Krypton Laser Systems

               4.4.4.1 Global Krypton Laser Systems Market, 2010-2018 (USD Million)

      4.4.5 Metal Vapor (Copper And Gold) Laser Systems

              4.4.5.1 Global Metal Vapor (Copper And Gold) Laser Systems Market, 2010-2018 (USD Million)

      4.4.6 Helium – Neon (He-Ne) Laser Systems

              4.4.6.1 Global Helium – Neon Laser Systems Market, 2010 – 2018 (USD Million)

      4.4.7 Excimer Laser Systems

              4.4.7.1 Global Excimer Laser Systems Market, 2010 – 2018 (USD Million)

4.5 Dye Laser Systems

      4.5.1 Global Dye Laser Systems Market, 2010-2018 (USD Million)

 

Chapter 5 Global Medical Laser Systems Market, By Application

5.1 Overview

5.2 Global Medical Laser Systems Market in Dermatology, 2010 – 2018 (USD Million)

5.3 Global Medical Laser Systems Market in Ophthalmology, 2010 – 2018 (USD Million)

5.4 Global Medical Laser Systems Market in Gynecology, 2010 – 2018 (USD Million)

5.5 Global Medical Laser Systems Market in Urology, 2010 – 2018 (USD Million)

5.6 Global Medical Laser Systems Market in Dentistry, 2010 – 2018 (USD Million)

5.7 Global Medical Laser Systems Market in Cardiovascular, 2010 – 2018 (USD Million)

5.8 Global Medical Laser Systems Market in Other Applications (Gastroenterology, Rheumatology, Traumatology), 2010 – 2018 (USD Million)

 

Chapter 6 Global Medical Laser Systems Market, By Geography

6.1 Overview

      6.1.1 Comparative Analysis of the Global Medical Laser Systems Market, By Geography, 2011 & 2018 (%)

6.2 North America

      6.2.1 North America Medical Laser Systems Market, 2010 - 2018 (USD Million)

6.3 Europe

      6.3.1 Europe Medical Laser Systems Market, 2010 - 2018 (USD Million)

6.4 Asia-Pacific

      6.4.1 Asia-Pacific Medical Laser Systems Market, 2010 - 2018 (USD Million)

6.5 Rest Of The World

      6.5.1 Rest of the World Medical Laser Systems Market, 2010 - 2018 (USD Million)

 

Chapter 7 Competitive Landscape

7.1 Global Medical Laser Systems Market Share, By Key Players, 2011 (%)

 

Chapter 8 Company Profiles

8.1 Lumenis Ltd.

      8.1.1 Company Overview

      8.1.2 Financial Overview

      8.1.3 Business Strategies

      8.1.4 Product Portfolio

      8.1.5 Recent Developments

8.2 Photomedex, Inc.

      8.2.1 Company Overview

      8.2.2 Financial Overview

      8.2.3 Business Strategies

      8.2.4 Product Portfolio

      8.2.5 Recent Developments

8.3 IRIDEX Corp.

      8.3.1 Company Overview

      8.3.2 Financial Overview

      8.3.3 Business Strategies

      8.3.4 Product Portfolio

      8.3.5 Recent Developments

8.4 Alcon Laboratories, Inc.

      8.4.1 Company Overview

      8.4.2 Financial Overview

      8.4.3 Business Strategies

      8.4.4 Product Portfolio

      8.4.5 Recent Developments

8.5 Spectranetics Corporation

      8.5.1 Company Overview

      8.5.2 Financial Overview

      8.5.3 Business Strategies

      8.5.4 Product Portfolio

      8.5.5 Recent Developments

8.6 Cardiogenesis Corporation

      8.6.1 Company Overview

      8.6.2 Financial Overview

      8.6.3 Business Strategies

      8.6.4 Product Portfolio

      8.6.5 Recent Developments

8.7 Angiodynamics, Inc.      

      8.7.1 Company Overview

      8.7.2 Financial Overview

      8.7.3 Business Strategies

      8.7.4 Product Portfolio

      8.7.5 Recent Developments

8.8 Syneron-Candela

      8.8.1 Company Overview

      8.8.2 Financial Overview

      8.8.3 Product Portfolio

      8.8.4 Business Strategies

      8.8.5 Recent Developments

8.9 Novadaq Technologies, Inc.

      8.9.1 Company Overview

      8.9.2 Financial Overview

      8.9.3 Business Strategies

      8.9.4 Product Portfolio

      8.9.5 Recent Developments

8.10 Biolase Inc.

      8.10.1 Company Overview

      8.10.2 Financial Overview

      8.10.3 Business Strategies

      8.10.4 Product Portfolio

      8.10.5 Recent Developments

8.11 American Medical Systems, Inc.

      8.11.1 Company Overview

      8.11.2 Financial Overview

      8.11.3 Business Strategies

      8.11.4 Product Portfolio

      8.11.5 Recent Developments

8.12 Bausch & Lomb Holdings, Inc.

      8.12.1 Company Overview

      8.12.2 Business Strategies

      8.12.3 Product Portfolio

      8.12.4 Recent Developments

List of Figures 

 

FIG. 1 Market Segmentation for the Medical Laser Systems Market

FIG. 2 Global Medical Laser Systems Market, By Products, 2011 (USD Million)

FIG. 3 Porter’s Five Forces Analysis for the Global Medical Laser Systems Market

FIG. 4 Market Attractiveness Analysis of the Global Medical Laser Systems Market, By Geography

FIG. 5 Comparative Analysis of Global Medical Laser Systems Market, By Products, 2011 & 2018 (%)

FIG. 6 Global Diode Laser Systems Market, 2010 – 2018 (USD Million)

FIG. 7 Comparative Analysis of Global Solid State Laser Systems Market, By Products, 2011 & 2018 (%)

FIG. 8 Global Solid State Laser Systems Market, 2010 – 2018 (USD Million)

FIG. 9 Global Holmium Yttrium Aluminum Garnet (Ho:Yag) Laser Systems Market, 2010 – 2018 (USD Million)

FIG. 10 Global Erbium Yttrium Aluminum Garnet (Er:Yag) Laser Systems Market, 2010 – 2018 (USD Million)

FIG. 11 Global Neodymium Yttrium Aluminum Garnet (Nd:Yag) Laser Systems Market, 2010 – 2018 (USD Million)

FIG. 12 Global Potassium Titanyl Phosphate Laser Systems Market, 2010 – 2018 (USD Million)

FIG. 13 Global Alexandrite Laser Systems Market, 2010 – 2018 (USD Million)

FIG. 14 Global Ruby Laser Systems Market, 2010 – 2018 (USD Million)

FIG. 15 Comparative Analysis of Global Gas Laser Systems Market, By Products, 2011 & 2018 (%)

FIG. 16 Global Gas Laser Systems Market, 2010 – 2018 (USD Million)

FIG. 17 Global CO2 Laser Systems Market, 2010 – 2018 (USD Million)

FIG. 18 Global Argon Laser Systems Market, 2010 – 2018 (USD Million)

FIG. 19 Global Krypton Laser Systems Market, 2010 – 2018 (USD Million)

FIG. 20 Global Metal Vapor (Copper and Gold) Laser Systems Market, 2010 – 2018 (USD Million)

FIG. 21 Global Helium–Neon Laser Systems Market, 2010 – 2018 (USD Million)

FIG. 22 Global Excimer Laser Systems Market, 2010 – 2018 (USD Million)

FIG. 23 Global Dye Laser Systems Market, 2010 – 2018 (USD Million)

FIG. 24 Comparative Analysis of the Global Medical Laser Systems Market, By Application, 2011 & 2018 (%)

FIG. 25 Global Medical Laser Systems Market in Dermatology, 2010 – 2018 (USD Million)

FIG. 26 Global Medical Laser Systems Market in Ophthalmology, 2010 – 2018 (USD Million)

FIG. 27 Global Medical Laser Systems Market in Gynecology, 2010 – 2018 (USD Million)

FIG. 28 Global Medical Laser Systems Market in Urology, 2010 – 2018 (USD Million)

FIG. 29 Global Medical Laser Systems Market in Dentistry, 2010 – 2018 (USD Million)

FIG. 30 Global Medical Laser Systems Market in Cardiovascular Diseases, 2010 – 2018 (USD Million)

FIG. 31 Global Medical Laser Systems Market in Other Applications, 2010 – 2018 (USD Million)

FIG. 32 Comparative Analysis of the Global Medical Laser Systems Market, By Geography, 2011 & 2018 (%)

FIG. 33 North America Medical Laser Systems Market, 2010 - 2018 (USD Million)

FIG. 34 Europe Medical Laser Systems Market, 2010 - 2018 (USD Million)

FIG. 35 Asia-Pacific Medical Laser Systems Market, 2010 - 2018 (USD Million)

FIG. 36 Rest of the World (Row) Medical Laser Systems Market, 2010 - 2018 (USD Million)

FIG. 37 Global Medical Laser Systems Market Share, By Key Players, 2011 (%)

FIG. 38 Annual Sales of Lumenis Ltd., 2009 – 2011 (USD Million)

FIG. 39 Annual Sales of Photomedex, Inc., 2009 – 2011 (USD Million)

FIG. 40 Annual Sales of IRIDEX Corporation, 2009 – 2011 (USD Million)

FIG. 41 Annual Sales of Alconlaboratories Inc., 2009-10 (USD Million)

FIG. 42 Annual Sales of Spectranetics Corporation, 2009 – 2011 (USD Million)

FIG. 43 Annualsales of Cardiogenesis Corporation, 2009 – 2010 (USD Million)

FIG. 44 Annual Sales of Angiodynamics, Inc., 2009-2011 (USD Million)

FIG. 45 Annual Sales of Syneron-Candela, 2009 – 2011 (USD Million)

FIG. 46 Annual Sales of Novadaq Technologies, 2009 – 2011 (USD Million)

FIG. 47 Annual Sales of Biolase, Inc., 2009 – 2011 (USD Million)

FIG. 48 Annual Sales of American Medical Systems, Inc., 2009 – 2010 (USD Million)

List of Tables

 

TABLE 1 Market Snapshot: Global Medical Laser Systems Market

TABLE 2 Impact Analysis of Market Drivers for the Global Medical Laser Systems Market

TABLE 3 Impact Analysis of Market Restraints for the Global Medical Laser Systems Market

TABLE 4 Global Medical Laser Systems Market, By Products, 2010 – 2018 (USD Million)

TABLE 5 Global Solid State Laser Systems Market, By Products, 2010 – 2018 (USD Million)

TABLE 6 Global Gas Laser Systems Market, By Products, 2010 – 2018 (USD Million)

TABLE 7 Global Medical Laser Systems Market, By Geography, 2010-2018 (USD Million)

The global medical laser systems market is dominated by North America. This regional market for medical laser systems is driven by the increasing prevalence of chronic disorders such as diabetes and obesity. Europe is another key regional market in the global medical laser systems market. On the other hand, it is Asia Pacific that is the most attractive region in the global medical laser systems market. This regional market offers the maximum opportunities for future growth.

The key factors driving the Asia Pacific medical laser systems market are the increasing disposable income and the high level of unmet medical needs in populous nations such as China and India. Broadly, the global medical laser systems market is segmented on the basis of product, application, and geography.

Besides offering a detailed analysis of the key regions, the study also offers an in-depth analysis of the key application and product segments. The leading segments of the global medical laser systems market and the fastest growing segments have also been evaluated in the report. The key trends driving these segments are also included. Moreover, the valuable forecasts of these segments are also covered.

Overview of the Global Medical Laser Systems Market 
The global medical laser systems market is projected to expand at a 12.50% CAGR during the forecast period from 2012 to 2018. In 2011, the global medical laser systems market was worth US$0.9 bn and by 2018, the market is projected to be worth US$2.0 bn. The market is driven by the elevated rate of age-related ophthalmic disorders and the rising awareness related to medical aesthetics.

By product, the global medical laser systems market is segmented into diode laser systems, gas laser systems, solid state laser systems, and dye laser systems. The diode laser systems segment dominated the global medical laser systems market in 2011. Application-wise, the global medical laser systems market is divided into cardiovascular, dentistry, urology, gynecology, ophthalmology, dermatology, and others. By 2018, the cardiovascular segment is expected to emerge as the most rapidly developing application. The cardiovascular segment is driven by the development of affordable treatment methods and the rising prevalence of cardiovascular diseases.

Regionally, the global medical laser systems market is classified into Asia Pacific, Europe, North America, and Rest of the World (RoW). In 2011, the global medical laser systems market was led by North America, followed by Europe. In 2011, North America held a dominant share of 35% in the global medical laser systems market.

Although the global medical laser systems market will expand notably in the coming few years, it will be suppressed by several factors. These include the high failure rates associated with medical laser systems, the implementation of the Affordable Care Act in the U.S., and stringent safety regulations in this market.

Companies mentioned in the research report 
Players in the global medical laser systems market will benefit from the increasing level of disposable incomes in emerging economies. Some of the key players operating in the global medical laser systems market are PhotoMedex, Lumenis, Syneron Candela, AngioDynamics, BIOLASE, and American Medical Systems, Spectranetics Corporation.

Major regions analyzed under this research report are: 

  • Europe
  • North America 
  • Asia Pacific 
  • Rest of the World 

This report gives you access to decisive data such as:

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for the coming years 

Key highlights of this report

  • Overview of key market forces propelling and restraining market growth 
  • Up-to-date analyses of market trends and technological improvements 
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors 
  • An array of graphics and SWOT analysis of major industry segments 
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis 
  • Offers a clear understanding of the competitive landscape and key product segments