Global Laser Therapy Market – Industry Trends - Forecast to 2026
Pune, India -- (SBWIRE) -- 02/13/2020 -- 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.
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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.
Worldwide Laser Therapy market report gives out the most excellent opportunities available in the market and efficient information with which business can achieve great success. This Laser Therapy report also gives the details about the market drivers and market restraints that help in knowing rise or fall of the demand of particular product with respect to market conditions. The report also illustrates the CAGR values for the historic year 2018, the base year 2018, and the forecast for the year 2020-2026. Research and analysis about the key developments in the ABC industry and key competitors along with their strategies included in this report guides businesses think about the advanced picture of the market place and products.
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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
Solid State Lasers
Gas Lasers, Dye Lasers
Laser Therapy Market : By Application
Dermatology & Aesthetics
Laser Therapy Market : By End User
Ambulatory Surgical Centers
Laser Therapy Market : By Geography
Middle East and Africa
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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