Request for Sample PDF Copy: https://www.coherentmarketinsights.com/insight/request-sample/3922
Description:
Global Medical Laser Systems Market: Drivers
Approval and launch of new products is expected to propel growth of the global medical laser systems market over the forecast period. For instance, in May 2019, LENSAR, Inc. received 510(k) clearance from the U.S. Food and Drug Administration for the LENSAR Laser System with Streamline IV for the treatment of additional corneal conditions post cataract surgery.

Global Medical Laser Systems Market: Opportunities
Increasing prevalence of skin disorders is expected to offer lucrative growth opportunities for players in the global medical laser systems market. For instance, according to Global Polaris Atlas
Annual Report 2018-2019, the annual incidence rate of psoriasis was 280 per 100,000 person-years during 2017 and the prevalence of the disease witnessed an increasing trend (from 2.5% in 2011 to 3.9% in 2017).
Global Medical Laser Systems Market: Restraints
High cost of laser surgeries is expected to hinder growth of the market. The average cost of a femtosecond laser system is approximately US$ 500,000 along with service fees of around 10% per year, and a per-use fee of around US$ 350 to US$ 450 per eye.
Key Takeaways:
The global medical laser systems market was valued at US$ 2,284.7 Mn in 2019 and is forecast to reach a value of US$ 5,884.3 Mn by 2027 at a CAGR of 12.6% between 2020 and 2027. Approval and launch of new products is expected to propel growth of the global medical laser systems market over the forecast period.
Dermatology segment held dominant position in the global medical laser systems market in 2019, accounting for 22.7% share in terms of value, followed by Ophthalmology and Dentistry, respectively. Increasing prevalence of skin disorders is expected drive the growth of dermatology segment in the global medical laser systems market during the forecast period
Market Trends
Major players in the market are focused on adopting M&A strategies to expand their product portfolio. For instance, in February 2020, Integer Holdings Corporation acquired Inomec, an Israel-based manufacturer of medical devices, including minimally invasive tools, delivery systems, metal implants, drug-device combination devices, and laser processing services.
Major players in the market are also focused on product approval and launch to expand their product portfolio. For instance, in May 2019, LENSAR, Inc. received 510(k) clearance from the U.S. Food and Drug Administration for the LENSAR Laser System with Streamline IV for the treatment of additional corneal conditions post cataract surgery.
Global Medical Laser Systems Market: Competitive Landscape
Major players operating in the global medical laser systems market include, Abbott Medical Optics, Inc., Alcon Inc. (Novartis AG), Bausch & Lomb Incorporated, LENSAR, Inc., NIDEK CO., LTD, iVIS Technologies, ZEISS International, Ziemer Ophthalmic Systems AG, Ra Medical Systems, Inc., SCHWIND Eye-Tech-Solutions GmbH & Co. KG, Crystal Laser Systems GmbH, Excel Technologies Inc., Elforlight Ltd., LTB Lasertechnik Berlin GmbH, Quanta System Inc., Quantel Laser (Lumibird), DEKA M.E.L.A. srl, Fotona, LLC, Syneron Medical Ltd., and Radiant Dyes Laser & Accessories.
Global Medical Laser Systems Market: Key Developments
June 2018: Johnson & Johnson Vision received the U.S. Food and Drug Administration (FDA) approval for the iDESIGN Refractive Studio, for myopia, hyperopia, and mixed astigmatism
2018: Syneron Medical Ltd received the U.S. FDA clearance for its Vbeam Prima system with an advanced 595nm pulsed dye laser and 1064nm wavelength
Buy this Research Report: https://www.coherentmarketinsights.com/insight/buy-now/3922
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We do offer wide range of services such as Industry analysis, Consulting services, Market Intelligence, Customized research services and much more. We have expertise in many fields such as healthcare, chemicals and materials, Automation, semiconductors, electronics, energy, food and beverage, packaging and many more. Visit our website to know more.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave.
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]