Pune, India -- (SBWIRE) -- 03/06/2018 -- Therapeutic laser therapy is the most preferred technology for the treatment of various diseases like cataract and arthritis. Moreover, other applications of lasers in therapeutics includes the branches of dentistry, dermatology, aesthetics, and others. The global market for laser therapy is expected to grow at an exponential rate owing to an increase in the demand for advanced technology for minimally invasive therapeutics, rising geriatric population, and increasing prevalence of cataract, arthritis, periodontal diseases, and others.

The Global Laser Therapy Market is expected to grow at a CAGR of 9.2% during the forecast period 2018-2023.

As per the Arthritis Foundation, as the world's population continues to age, it is estimated that disorders such as osteoarthritis will impact at least 130 million individuals around the globe by the year 2050. Moreover, in 2016, according to the American Society of Plastic Surgeons, 586,662 minimally-invasive cosmetic procedures were performed for laser skin resurfacing.

Key Players

The key players for the global laser therapy market are

Angiodynamics Inc. (U.S.),
Biolase Inc. (U.S.),
Valeant (Canada),
IRIDEX Corp. (U.S.),
Cutera (U.S.),
Coherent, Inc. (U.S.),
Alma Lasers (Israel)

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Key Questions Answered In This Report

What will the market size and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Segmentation:

The global laser therapy market is segmented on the basis of type and application.

On the basis of type, the market is segmented into diode lasers, solid state lasers, gas lasers, dye lasers, and others.

On the basis of application, the market is segmented into dermatology and aesthetics, surgery, dental, and others. The surgery segment is further segmented into urology, ophthalmology, and others.

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