North America Medical Laser Systems Market Forecast to 2028

Report Code : TIPRE00027259 | Region : North America | Industry : Medical Device | Published Date : 21/Jul/2022
North America Medical Laser Systems Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type {Diode Lasers, Solid State Lasers [Holmium Yttrium Aluminum Garnet (Ho:Yag) Lasers, Erbium Yttrium Aluminum, Neodynium Yttrium Aluminum Garnet (Nd:Yag) Lasers, Potassium Titanyl Phosphate (KTP), Alexandrite Lasers, Ruby Lasers, and Thulium:Yttrium-Aluminum-Garnet Laser (Tm:YAG)], Gas Lasers (CO2 Laser, Argon Laser, Krypton Laser, Metal Vapor Laser, Helium Neon Laser, and Excimer Laser), Dye Lasers, and Fiber Laser (Thulium Fiber Laser, Erbium Fiber Lasers and Ytterbium Fiber Laser)}, Application (Dermatology, Ophthalmology, Gynecology, Dentistry, Cardiology, Urology, and Others), and End User (Hospitals, Specialty Clinics, Ambulatory Surgery Centers, and Others)

The medical laser systems market in North America is expected to grow from US$ 919.72 million in 2021 to US$ 2,257.13 million by 2028; it is estimated to grow at a CAGR of 13.7% from 2021 to 2028.

Economies such as the US and Canada are witnessing considerable modernization of healthcare facilities and improvements in healthcare services. With this, the life expectancy of people in these countries has increased, leading to an expansion in their geriatric population base. Furthermore, a report by the US Census Bureau states that the number of people in the US aged 65 and above is anticipated to grow from 46 million in 2016 to more than 98 million by 2060. Their population share is anticipated to surge from ~15% to ~24% during this period. Ophthalmic diseases constitute a significant share of health problems among older people. Age-related macular degeneration resulting in loss of central vision, glaucoma, retinal detachment, cataracts, and diabetic retinopathy are among the most common ophthalmic diseases among the geriatric population. Diabetic retinopathy is also common among older people during the early stages of diabetes or at the time of the diagnosis. A mydriatic examination is recommended when a patient is diagnosed with diabetes and once a year after that. According to the American Institute of Ophthalmology, almost 24.4 million people under the age of 40 undergo cataract surgery, and nearly half of all Americans undergo cataract surgery by the age of 75. Furthermore, glaucoma cases are on the rise. Over 2.7 million Americans over the age of 40 are affected. New eye diseases, such as age-related macular degeneration, which affects over 2.1 million Americans over 50, can cause serious vision loss. By the age of 80, the number rises to 10 Americans. So, there is a potential for the adoption of new technology, such as femtosecond lasers, in cataract surgery, which involves a large upfront investment but promises to improve patient outcomes. All these factors are driving the medical laser systems market

North America Medical Laser Systems Market Revenue and Forecast to 2028 (US$ Million)

North America Medical Laser Systems Market Segmentation

The North America medical laser systems market is segmented based on product type, application, end user, and country. Based on product type, the market has been segmented into diode lasers, solid state lasers, gas lasers, fiber lasers and dye lasers. In 2020, the solid state lasers segment held the largest share of the market. The solid state lasers segment is subsegmented into holmium yttrium aluminum garnet (Ho:Yag) lasers, erbium yttrium aluminum garnet (Er:Yag) lasers, neodynium yttrium aluminum garnet (Nd:Yag) lasers, thulium:yttrium-aluminum-garnet laser (Tm:YAG), potassium titanyl phosphate (KTP), alexandrite lasers, and ruby lasers. In 2020, the erbium yttrium aluminum garnet (Er:Yag) lasers segment held the largest share. Based on gas lasers, the market is subsegmented into CO2 laser, argon laser, krypton laser, metal vapor laser, helium neon laser, and excimer laser. In 2020, the CO2 laser segment held the largest share. Based on fiber lasers, the market is subsegmented into thulium fiber lasers, erbium fiber lasers, and ytterbium fiber lasers. In 2020, the thulium fiber lasers segment held the largest share. Based on application, the market has been segmented into dermatology, ophthalmology, gynecology, dentistry, cardiology, urology, and others. In 2020, the dermatology segment held the largest market share. Based on end user, the market is segmented into hospitals, specialty clinics, ambulatory surgery centers, and others. In 2020, the specialty clinics segment held the largest market share. Similarly, based on country, the market is segmented into the US, Canada, and Mexico. The US contributed a substantial share in 2020.

Alcon Inc; Artivion, Inc.; Bausch Health Companies Inc.; BIOLASE, Inc.; Boston Scientific Corporation; Candela Medical; Ellex; Iridex Corporation; Koninklijke Philips N.V.; and Lumenis Be Ltd. are among the leading companies operating in the North America medical laser systems market.

The List of Companies - North America Medical Laser Systems Market

● Alcon Inc

● Artivion, Inc.

● Bausch Health Companies Inc.

● BIOLASE, Inc.

● Boston Scientific Corporation

● Candela Medical

● Ellex

● Iridex Corporation

● Koninklijke Philips N.V.

● Lumenis Be Ltd.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 North America Medical Laser Systems Market – By Product Type

1.3.2 North America Medical Lasers Systems Market – By Application

1.3.3 North America Medical Lasers Systems Market – By End User

1.3.4 North America Medical Lasers Systems Market – By Country

2. North America Medical Lasers Systems Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Medical Lasers Systems Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 North America – PEST Analysis

4.3 Expert Opinion

5. North America Medical Laser Systems Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Prevalence of Eye Diseases

5.1.2 Significant Rise in Elderly Population

5.2 Market Restraints

5.2.1 Stringent Safety Regulations

5.3 Market Opportunities

5.3.1 Untapped Potential of Emerging Economies

5.4 Future Trends

5.4.1 Large Number of Product Approvals and Launches

5.5 Impact Analysis

6. Medical Laser Systems Market– North America Analysis

6.1 North America Medical Laser Systems Market Revenue Forecast and Analysis

7. North America Medical Lasers Market– By Product Type

7.1 Overview

7.2 North America Medical Laser Systems Market, By Product Type, 2021 & 2028 (%)

7.3 Diode Laser

7.3.1 Overview

7.3.2 Diode Laser: North America Medical Laser Market Revenue and Forecasts to 2028 (US$ Million)

7.4 Solid State Laser

7.4.1 Overview

7.4.2 Solid State Laser: North America Medical Laser Market Revenue and Forecasts to 2028 (US$ Million)

7.4.2.1 Holmium Yttrium Aluminium Garnet (Ho: YAG) Lasers

7.4.2.1.1 Overview

7.4.2.1.2 Holmium Yttrium Aluminium Garnet (Ho: YAG) Lasers: North America Medical Laser Market Revenue and Forecasts to 2028 (US$ Million)

7.4.2.1.2.1 HOLMIUM YTTRIUM ALUMINUM GARNET (HO:YAG) LASERS MARKET REVENUE AND FORECASTS TO 2028 (US$ MN) – APPLICATION

7.4.2.2 Erbium Yttrium Aluminium Garnet (Er: YAG) lasers

7.4.2.2.1 Overview

7.4.2.2.2 Erbium Yttrium Aluminium Garnet (Er: YAG) lasers: North America Medical Lasers Market Revenue and Forecasts to 2028 (US$ Million)

7.4.2.2.2.1 ERBIUM YTTRIUM ALUMINIUM GARNET (ER: YAG) LASERS MARKET REVENUE AND FORECASTS TO 2028 (US$ MN) – APPLICATION

7.4.2.3 Neodynium Yttrium Aluminium Garnet (ND:YAG) Lasers

7.4.2.3.1 Overview

7.4.2.3.2 Neodynium Yttrium Aluminium Garnet (ND: YAG) Lasers: North America Medical Laser Market Revenue and Forecasts to 2028 (US$ Million)

7.4.2.3.2.1 NEODYNIUM YTTRIUM ALUMINIUM GARNET (ND: YAG) LASERS MARKET REVENUE AND FORECASTS TO 2028 (US$ MN) – APPLICATION

7.4.2.4 Potassium Titanyl Phosphate (KTP)

7.4.2.4.1 Overview

7.4.2.4.2 Potassium Titanyl Phosphate (KTP): North America Medical Laser Market Revenue and Forecasts to 2028 (US$ Million)

7.4.2.4.2.1 POTASSIUM TITANYL PHOSPHATE (KTP) LASERS MARKET REVENUE AND FORECASTS TO 2028 (US$ MN) – APPLICATION

7.4.2.5 Alexandrite Lasers

7.4.2.5.1 Overview

7.4.2.5.2 Alexandrite Lasers: North America Medical Laser Market Revenue and Forecasts to 2028 (US$ Million)

7.4.2.5.2.1 ALEXANDRITE LASERS MARKET REVENUE AND FORECASTS TO 2028 (US$ MN) – APPLICATION

7.4.2.6 Ruby Lasers

7.4.2.6.1 Overview

7.4.2.6.2 Ruby Lasers: North America Medical Lasers Market Revenue and Forecasts to 2028 (US$ Million)

7.4.2.6.2.1 RUBY LASERS MARKET REVENUE AND FORECASTS TO 2028 (US$ MN) – APPLICATION

7.4.2.7 Thulium:Yttrium-Aluminum-Garnet Laser (Tm:YAG)

7.4.2.7.1 Overview

7.4.2.7.2 Thulium:Yttrium-Aluminum-Garnet Laser (Tm:YAG): North America Medical Lasers Market Revenue and Forecasts to 2028 (US$ Million)

7.4.2.7.2.1 THULIUM:YTTRIUM-ALUMINUM-GARNET LASER (TM:YAG) LASERS MARKET REVENUE AND FORECASTS TO 2028 (US$ MN) – APPLICATION

7.5 Gas Lasers

7.5.1 Overview

7.5.2 Gas Lasers: North America Medical Lasers Market Revenue and Forecasts to 2028 (US$ Million)

7.5.2.1 CO2 Lasers

7.5.2.1.1 Overview

7.5.2.1.2 CO2 Lasers: North America Medical Lasers Market Revenue and Forecasts to 2028 (US$ Million)

7.5.2.2 Argon Lasers

7.5.2.2.1 Overview

7.5.2.2.2 Argon Lasers: North America Medical Lasers Market Revenue and Forecasts to 2028 (US$ Million)

7.5.2.3 Krypton Lasers

7.5.2.3.1 Overview

7.5.2.3.2 Krypton Lasers: North America Medical Lasers Market Revenue and Forecasts to 2028 (US$ Million)

7.5.2.4 Metal Vapor Lasers

7.5.2.4.1 Overview

7.5.2.4.2 Metal Vapor Lasers: North America Medical Lasers Market Revenue and Forecasts to 2028 (US$ Million)

7.5.2.5 Helium Neon Lasers

7.5.2.5.1 Overview

7.5.2.5.2 Helium Neon Lasers: North America Medical Lasers Market Revenue and Forecasts to 2028 (US$ Million)

7.5.2.6 Excimer Laser

7.5.2.6.1 Overview

7.5.2.6.2 Excimer Laser: North America Medical Lasers Market Revenue and Forecasts to 2028 (US$ Million)

7.6 Dye Laser

7.6.1 Overview

7.6.2 Dye Laser: North America Medical Lasers Market Revenue and Forecasts to 2028 (US$ Million)

7.7 Fiber Laser

7.7.1 Overview

7.7.2 Fiber Laser: North America Medical Lasers Market Revenue and Forecasts to 2028 (US$ Million)

7.7.3 Thulium Fiber Laser

7.7.3.1 Overview

7.7.3.2 Thulium Fiber Laser: North America Medical Lasers Market Revenue and Forecasts to 2028 (US$ Million)

7.7.4 Erbium Fiber Lasers

7.7.4.1 Overview

7.7.4.2 Erbium Fiber Lasers: North America Medical Lasers Market Revenue and Forecasts to 2028 (US$ Million)

7.7.5 Ytterbium Fiber Laser

7.7.5.1 Overview

7.7.5.2 Ytterbium Fiber Laser: North America Medical Lasers Market Revenue and Forecasts to 2028 (US$ Million)

8. North America Medical Laser Systems Market– By Application

8.1 Overview

8.2 North America Medical Laser Systems Market, By Application, 2021 & 2028 (%)

8.3 Dermatology

8.3.1 Overview

8.3.2 Dermatology: North America Medical Laser Systems Market Revenue and Forecasts to 2028 (US$ Million)

8.4 Ophthalmology

8.4.1 Overview

8.4.2 Ophthalmology: North America Medical Laser Systems Market Revenue and Forecasts to 2028 (US$ Million)

8.5 Gynecology

8.5.1 Overview

8.5.2 Gynecology: North America Medical Laser Systems Market Revenue and Forecasts to 2028 (US$ Million)

8.6 Dentistry

8.6.1 Overview

8.6.2 Dentistry: North America Medical Laser Systems Market Revenue and Forecasts to 2028 (US$ Million)

8.7 Cardiology

8.7.1 Overview

8.7.2 Cardiology: North America Medical Laser Systems Market Revenue and Forecasts to 2028 (US$ Million)

8.8 Urology

8.8.1 Overview

8.8.2 Urology: North America Medical Laser Systems Market Revenue and Forecasts to 2028 (US$ Million)

8.9 Others

8.9.1 Overview

8.9.2 Others: North America Medical Laser Systems Market Revenue and Forecasts to 2028 (US$ Million)

9. North America Medical Laser Systems Market – By End User

9.1 Overview

9.2 North America Medical Laser Systems Market Share by End User - 2021 & 2028 (%)

9.3 Hospitals

9.3.1 Overview

9.3.2 Hospitals: North America Medical Laser Systems Market Revenue and Forecast to 2028 (US$ Million)

9.4 Specialty Clinics

9.4.1 Overview

9.4.2 Specialty Clinics: North America Medical Laser Systems Market Revenue and Forecast to 2028 (US$ Million)

9.5 Ambulatory Surgery Centers

9.5.1 Overview

9.5.2 Ambulatory Surgery Centers: North America Medical Laser Systems Market Revenue and Forecast to 2028 (US$ Million)

9.6 Others

9.6.1 Overview

9.6.2 Others: North America Medical Laser Systems Market Revenue and Forecast to 2028 (US$ Million)

10. North America Medical Laser Systems Market– Country Analysis

10.1 North America: Medical Laser Systems Market

10.1.1 Overview

10.1.2 North America: Medical Laser Systems Market, by Country, 2021 & 2028 (%)

10.1.2.1 US: Medical Laser Systems Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.1.1 US: Medical Laser Systems Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.1.2 US: Medical Laser Systems Market, by Product Type, 2019–2028 (US$ Million)

10.1.2.1.2.1 US: Medical Laser Systems Market for Solid State Lasers, by Product Type, 2019–2028 (US$ Million)

10.1.2.1.2.2 US: Medical Laser Systems Market for Gas Lasers, by Product Type, 2019–2028 (US$ Million)

10.1.2.1.2.3 US: Medical Laser Systems Market for Fiber Lasers, by Product Type, 2019–2028 (US$ Million)

10.1.2.1.3 US: Medical Laser Systems Market, by Application, 2019–2028 (US$ Million)

10.1.2.1.4 US: Medical Laser Systems Market, by End User, 2019–2028 (US$ Million)

10.1.2.2 Canada: Medical Laser Systems Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.2.1 Canada: Medical Laser Systems Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.2.2 Canada: Medical Laser Systems Market, by Product Type, 2019–2028 (US$ Million)

10.1.2.2.2.1 Canada: Medical Laser Systems Market for Solid State Lasers, by Product Type, 2019–2028 (US$ Million)

10.1.2.2.2.2 Canada: Medical Laser Systems Market for Gas Lasers, by Product Type, 2019–2028 (US$ Million)

10.1.2.2.2.3 Canada: Medical Laser Systems Market for Fiber Lasers, by Product Type, 2019–2028 (US$ Million)

10.1.2.2.3 Canada: Medical Laser Systems Market, by Application, 2019–2028 (US$ Million)

10.1.2.2.4 Canada: Medical Laser Systems Market, by End User, 2019–2028 (US$ Million)

10.1.2.3 Mexico: Medical Laser Systems Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.3.1 Mexico: Medical Laser Systems Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.3.2 Mexico: Medical Laser Systems Market, by Product Type, 2019–2028 (US$ Million)

10.1.2.3.2.1 Mexico: Medical Laser Systems Market for Solid State Lasers, by Product Type, 2019–2028 (US$ Million)

10.1.2.3.2.2 Mexico: Medical Laser Systems Market for Gas Lasers, by Product Type, 2019–2028 (US$ Million)

10.1.2.3.2.3 Mexico: Medical Laser Systems Market for Fiber Lasers, by Product Type, 2019–2028 (US$ Million)

10.1.2.3.3 Mexico: Medical Laser Systems Market, by Application, 2019–2028 (US$ Million)

10.1.2.3.4 Mexico: Medical Laser Systems Market, by End User, 2019–2028 (US$ Million)

11. North America Medical Laser System Market–Industry Landscape

11.1 Overview

11.2 Inorganic Developments

11.2.1 Overview

11.3 Organic Developments

11.3.1 Overview

12. Company Profiles

12.1 Lumenis Be Ltd.

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Ellex

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Koninklijke Philips N.V.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 BIOLASE, Inc.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Boston Scientific Corporation

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Bausch Health Companies Inc.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Alcon Inc.

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Iridex Corporation

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Candela Medical

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Artivion, Inc.

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES.

Table 1. North America Medical Laser Systems Market –Revenue and Forecast to 2028 (US$ Million)

Table 2. Medical Laser Systems Market for Holmium Yttrium Aluminum Garnet (Ho:Yag) Lasers, by Solid State Laser – Revenue and Forecast to 2028 (US$ Million)

Table 3. Medical Laser Systems Market for Erbium Yttrium Aluminium Garnet (Er: YAG) lasers, by Solid State Laser – Revenue and Forecast to 2028 (US$ Million)

Table 4. Medical Laser Systems Market for Neodynium Yttrium Aluminium Garnet (ND: YAG) Lasers, by Solid State Laser – Revenue and Forecast to 2028 (US$ Million)

Table 5. Medical Laser Systems Market for Potassium Titanyl Phosphate (KTP) Lasers, by Solid State Laser – Revenue and Forecast to 2028 (US$ Million)

Table 6. Medical Laser Systems Market for Alexandrite Lasers, by Solid State Laser – Revenue and Forecast to 2028 (US$ Million)

Table 7. Medical Laser Systems Market for Ruby Lasers, by Solid State Laser – Revenue and Forecast to 2028 (US$ Million)

Table 8. Medical Laser Systems Market for Thulium:Yttrium-Aluminum-Garnet Laser (Tm:YAG) Lasers, by Solid State Laser – Revenue and Forecast to 2028 (US$ Million)

Table 9. US Medical Laser Systems Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 10. US Medical Laser Systems Market for Solid State Lasers, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 11. US Medical Laser Systems Market for Gas Lasers, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 12. US: Medical Laser Systems Market for Fiber Lasers, by Product Type– Revenue and Forecast to 2028 (US$ Million)

Table 13. US Medical Laser Systems Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14. US Medical Laser Systems Market, by End User– Revenue and Forecast to 2028 (US$ Million)

Table 15. Canada: Medical Laser Systems Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 16. Canada: Medical Laser Systems Market for Solid State Lasers, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 17. Canada: Medical Laser Systems Market for Gas Lasers, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 18. Canada: Medical Laser Systems Market for Fiber Lasers, by Product Type– Revenue and Forecast to 2028 (US$ Million)

Table 19. Canada Medical Laser Systems Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 20. Canada Medical Laser Systems Market, by End User– Revenue and Forecast to 2028 (US$ Million)

Table 21. Mexico: Medical Laser Systems Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 22. Mexico: Medical Laser Systems Market for Solid State Lasers, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 23. Mexico: Medical Laser Systems Market for Gas Lasers, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 24. Mexico: Medical Laser Systems Market for Fiber Lasers, by Product Type– Revenue and Forecast to 2028 (US$ Million)

Table 25. Mexico Medical Laser Systems Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 26. Mexico Medical Laser Systems Market, by End User– Revenue and Forecast to 2028 (US$ Million)

Table 27. Inorganic Developments in the North America Medical Laser System Market

Table 28. Organic Developments in the North America Medical Laser Systems Market

Table 29. Glossary of Terms

The List of Companies - North America Medical Laser Systems Market

● Alcon Inc

● Artivion, Inc.

● Bausch Health Companies Inc.

● BIOLASE, Inc.

● Boston Scientific Corporation

● Candela Medical

● Ellex

● Iridex Corporation

● Koninklijke Philips N.V.

● Lumenis Be Ltd.

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