Medical Laser Systems Market 2015 to grow at a CAGR of 12.87% by 2019: Market Research Store
Deerfield Beach, FL -- (SBWIRE) -- 09/28/2015 -- Medical laser system consists of a wide variety of monochromatic light with a specific wavelength that has strong emission and is highly concentrated. Global medical laser systems market to grow at a CAGR of 12.87% over the period 2014-2019. The demand for lasers used in the field of medicine is increasing at a rapid rate due to the versatility of its light. The characteristics of laser light are defined by its power, wavelength, and pulsed or continuous wave operation. Laser light is best known for its laser tissue interaction: photothermal reactions, photochemical reactions, and photoablation. Medical laser systems are used in medical diagnosis and treatments such as photodynamic therapy, laser-assisted procedures, photomedicine, and light therapy. Medical lasers are used in a broad range of applications such as dermatology. ophthalmology, cardiovascular, gynecology, dentistry, and urology.
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Commenting on the report, an our analyst said: "The rise in the adoption of medical laser procedures is a major trend emerging in the market. Increased use of laser systems has increased the prognosis of patients, leading to a rise in the adoption of laser treatments."
According to the report, the increasing aging population is the major contributor to the growth of the market. The elderly are particularly susceptible to chronic diseases and disorders. In addition, changing lifestyles and eating habits are resulting in a rise in the prevalence of various diseases.
Covered in this Report
This report covers the present scenario and the growth prospects of the global medical laser systems market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the number of medical laser systems sold for the treatment of various conditions.
Based on type of products, the global medical laser systems market is categorized into four:
Diode laser systems
Solid state laser systems
Dye lasers systems
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The report, Global Medical Laser Systems Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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Our analyst researched the following companies as the key players in the global medical laser systems market: AngioDynamics Inc., IRIDEX Corp., Lumenis Ltd., Photomedex Inc., Spectranetics Corp. and Syneron Medical Ltd.
Other Prominent Vendors in the market are: A.R.C. LASER, Coherent, Cutera, Cynosure, Dornier MedTech, Ellman International, Medelux, Quanta System and Sunny Optoelectronic Technology
Further, the report states that one of the major challenges in the market is the risks associated with laser treatments. Laser procedures often result in bleeding, infection, scarring, and skin color changes. Other risks include bleeding, infection, scarring, skin color changes, and herpes infections.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.