Medical Laser Market to Reach $16.22 Bn, Globally, by 2026 at 10.8% CAGR

Allied Market Research - Seite 2

North America to rule the roost in terms of revenue-

Based on geography, North America held the highest market share in 2018, garnering more than two-fifths of the global medical laser market. This is due to upsurge in number of cosmetic surgeries, increase in geriatric population, and rise in the risk of developing ophthalmic disorders that lead to increase in the demand for medical laser in this province. Simultaneously, the region across Asia-Pacific is projected to register the fastest CAGR of 12.3% during the study period. This is attributed to high population base, high disposable income of people, and rise in awareness regarding the adoption of medical lasers as a replacement for invasive surgery.

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Leading market players-

• Lumenis Ltd.
• Syneron Medical Ltd.
• Boston Scientific Corporation
• CryoLife, Inc.
• Koninklijke Philips N.V.
• Novartis AG
• Biolase Inc.
• IRIDEX Corporation
• Bausch & Lomb Holdings, Inc.
• Ellex Medical Lasers Ltd.

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