North America Medical Lasers Market 2024-2033 by Device Type (Solid State, Gas, Diode, Dye), Power (High, Low), Specialty, Application (Cosmetic, Diagnostic, Surgical, Therapeutic), End User (Hospitals, Specialty Clinics, ASCs), and Country: Trend Forecast and Growth Opportunity
- Report ID: 65372
- Date: May, 2024
- Pages: 123
- Category: Healthcare & Pharmaceuticals
North America medical lasers market is projected to grow by 12.6% annually in the forecast period and reach $6,346.5 million by 2033, driven by the increasing number of cosmetic procedures, the rising preference for minimally invasive procedures, a growing prevalence of eye disorders, the growth of medical tourism, and the growing disposable income.
Highlighted with 68 tables and 61 figures, this 123-page report “North America Medical Lasers Market 2024-2033 by Device Type (Solid State, Gas, Diode, Dye), Power (High, Low), Specialty, Application (Cosmetic, Diagnostic, Surgical, Therapeutic), End User (Hospitals, Specialty Clinics, ASCs), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America medical lasers market and all its sub-segments through extensively detailed classifications.
Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2021-2023 and provides forecast from 2024 till 2033 with 2023 as the base year.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America medical lasers market in every aspect of the classification from perspectives of Device Type, Power, Specialty, Application, End User, and Country.
Based on Device Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• Solid State Laser Devices
o Holmium Yttrium Aluminum Garnet Laser (Ho:Yag) Systems
o Erbium Yttrium Aluminum Garnet Laser (Er:Yag) Systems
o Neodymium Yttrium Aluminum Garnet Laser (Nd:Yag) Systems
o Potassium Titanyl Phosphate Laser Systems
o Alexandrite Laser Systems
o Ruby Laser Systems
• Gas Laser Devices
o CO2 Laser Systems
o Argon Laser Systems
o Krypton Laser Systems
o Metal Vapor (Copper and Gold) Laser Systems
o Helium-Neon (He-Ne) Laser Systems
o Excimer Laser Systems
• Diode Laser Devices
• Dye Laser Devices
Based on Power, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• High Power
• Low Power
By Specialty, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• Dermatology
• Ophthalmology
• Dentistry
• Gynecology
• Urology
• Cardiology
• Other Specialties
By Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• Cosmetic Application
• Diagnostic Application
• Surgical Application
• Therapeutic Application
• Other Applications
By End User, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• Hospitals
• Specialty Clinics
• Ambulatory Surgical Centers (ASCs)
• Other End Users
Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2024-2033. The breakdown of national markets by Device Type, Specialty, and End User over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Alcon Laboratories Inc.
AngioDynamics Corp.
Bausch & Lomb Holdings
Biolase Inc.
Boston Scientific Corporation
Candela Medical
CryoLife, Inc.
Cutera Inc.
El.En. S.P.A.
Fotona
Hologic
IRIDEX Corporation
Koninklijke Philips N.V
Photomedex Inc.
Shanghai Fosun Pharmaceutical
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 23
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 25
2.2 Major Growth Drivers 29
2.3 Market Restraints and Challenges 34
2.4 Emerging Opportunities and Market Trends 37
2.5 Porter’s Fiver Forces Analysis 42
3 Segmentation of North America Market by Device Type 46
3.1 Market Overview by Device Type 46
3.2 Solid State Laser Devices 48
3.2.1 Holmium Yttrium Aluminum Garnet Laser (Ho:Yag) Systems 50
3.2.2 Erbium Yttrium Aluminum Garnet Laser (Er:Yag) Systems 51
3.2.3 Neodymium Yttrium Aluminum Garnet Laser (Nd:Yag) Systems 52
3.2.4 Potassium Titanyl Phosphate Laser Systems 53
3.2.5 Alexandrite Laser Systems 54
3.2.6 Ruby Laser Systems 55
3.3 Gas Laser Devices 56
3.3.1 CO2 Laser Systems 58
3.3.2 Argon Laser Systems 59
3.3.3 Krypton Laser Systems 60
3.3.4 Metal Vapor (Copper and Gold) Laser Systems 61
3.3.5 Helium-Neon (He-Ne) Laser Systems 62
3.3.6 Excimer Laser Systems 63
3.4 Diode Laser Devices 64
3.5 Dye Laser Devices 65
4 Segmentation of North America Market by Power 66
4.1 Market Overview by Power 66
4.2 High Power 68
4.3 Low Power 69
5 Segmentation of North America Market by Specialty 70
5.1 Market Overview by Specialty 70
5.2 Dermatology 73
5.3 Ophthalmology 74
5.4 Dentistry 75
5.5 Gynecology 76
5.6 Urology 77
5.7 Cardiology 78
5.8 Other Specialties 79
6 Segmentation of North America Market by Application 80
6.1 Market Overview by Application 80
6.2 Cosmetic Application 82
6.3 Diagnostic Application 83
6.4 Surgical Application 84
6.5 Therapeutic Application 85
6.6 Other Applications 86
7 Segmentation of North America Market by End User 87
7.1 Market Overview by End User 87
7.2 Hospitals 89
7.3 Specialty Clinics 90
7.4 Ambulatory Surgical Centers (ASCs) 91
7.5 Other End Users 92
8 North America Market 2022-2032 by Country 93
8.1 Overview of North America Market 93
8.2 U.S. 96
8.3 Canada 99
8.4 Mexico 101
9 Competitive Landscape 103
9.1 Overview of Key Vendors 103
9.2 New Product Launch, Partnership, Investment, and M&A 106
9.3 Company Profiles 107
Alcon Laboratories Inc. 107
AngioDynamics Corp. 109
Bausch & Lomb Holdings 110
Biolase Inc. 111
Boston Scientific Corporation 112
Candela Medical 113
CryoLife, Inc. 114
Cutera Inc. 115
El.En. S.P.A. 116
Fotona 117
Hologic 118
IRIDEX Corporation 119
Koninklijke Philips N.V 120
Photomedex Inc. 121
Shanghai Fosun Pharmaceutical 122
RELATED REPORTS 123
List of Tables
List of Tables:
Table 1. Snapshot of North America Medical Lasers Market in Balanced Perspective, 2022-2032 17
Table 2. World Economic Outlook, 2021-2031 21
Table 3. World Economic Outlook, 2021-2023 22
Table 4. Scenarios for Economic Impact of Ukraine Crisis 26
Table 5. World Health Spending by Region, $ bn, 2013-2020 33
Table 6. Hazards of Medical Lasers 36
Table 7. Main Product Trends and Market Opportunities in North America Medical Lasers Market 37
Table 8. North America Medical Lasers Market by Device Type, 2022-2032, $ mn 46
Table 9. North America Medical Lasers Market: Solid State Laser Devices by Type, 2022-2032, $ mn 49
Table 10. North America Medical Lasers Market: Gas Laser Devices by Type, 2022-2032, $ mn 57
Table 11. North America Medical Lasers Market by Power, 2022-2032, $ mn 66
Table 12. Main Products and Applications of Medical Lasers 70
Table 13. North America Medical Lasers Market by Specialty, 2022-2032, $ mn 71
Table 14. North America Medical Lasers Market by Application, 2022-2032, $ mn 80
Table 15. North America Medical Lasers Market by End User, 2022-2032, $ mn 87
Table 16. North America Medical Lasers Market by Country, 2022-2032, $ mn 94
Table 17. U.S. Medical Lasers Market by Device Type, 2022-2032, $ mn 98
Table 18. U.S. Medical Lasers Market by Specialty, 2022-2032, $ mn 98
Table 19. U.S. Medical Lasers Market by End User, 2022-2032, $ mn 98
Table 20. Canada Medical Lasers Market by Device Type, 2022-2032, $ mn 100
Table 21. Canada Medical Lasers Market by Specialty, 2022-2032, $ mn 100
Table 22. Canada Medical Lasers Market by End User, 2022-2032, $ mn 100
Table 23. Mexico Medical Lasers Market by Device Type, 2022-2032, $ mn 102
Table 24. Mexico Medical Lasers Market by Specialty, 2022-2032, $ mn 102
Table 25. Mexico Medical Lasers Market by End User, 2022-2032, $ mn 102
Table 26. Alcon Laboratories Inc.: Company Snapshot 107
Table 27. Alcon Laboratories Inc.: Business Segmentation 108
Table 28. Alcon Laboratories Inc.: Product Portfolio 108
List of Figures
List of Figures:
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 16
Figure 4. North America Medical Lasers Market, 2022-2032, $ mn 19
Figure 5. Impact of COVID-19 on Business 23
Figure 6. Primary Drivers and Impact Factors of North America Medical Lasers Market 29
Figure 7. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 32
Figure 8. World Population 65 and Over, % of Total Population, 1950-2060 32
Figure 9. Primary Restraints and Impact Factors of North America Medical Lasers Market 34
Figure 10. Investment Opportunity Analysis 39
Figure 11. Porter’s Fiver Forces Analysis of North America Medical Lasers Market 42
Figure 12. Breakdown of North America Medical Lasers Market by Device Type, 2022-2032, % of Revenue 47
Figure 13. North America Addressable Market Cap in 2023-2032 by Device Type, Value ($ mn) and Share (%) 47
Figure 14. North America Medical Lasers Market by Device Type: Solid State Laser Devices, 2022-2032, $ mn 48
Figure 15. North America Medical Lasers Market by Solid State Laser Devices: Holmium Yttrium Aluminum Garnet Laser (Ho:Yag) Systems, 2022-2032, $ mn 50
Figure 16. North America Medical Lasers Market by Solid State Laser Devices: Erbium Yttrium Aluminum Garnet Laser (Er:Yag) Systems, 2022-2032, $ mn 51
Figure 17. North America Medical Lasers Market by Solid State Laser Devices: Neodymium Yttrium Aluminum Garnet Laser (Nd:Yag) Systems, 2022-2032, $ mn 52
Figure 18. North America Medical Lasers Market by Solid State Laser Devices: Potassium Titanyl Phosphate Laser Systems, 2022-2032, $ mn 53
Figure 19. North America Medical Lasers Market by Solid State Laser Devices: Alexandrite Laser Systems, 2022-2032, $ mn 54
Figure 20. North America Medical Lasers Market by Solid State Laser Devices: Ruby Laser Systems, 2022-2032, $ mn 55
Figure 21. North America Medical Lasers Market by Device Type: Gas Laser Devices, 2022-2032, $ mn 56
Figure 22. North America Medical Lasers Market by Gas Laser Devices: CO2 Laser Systems, 2022-2032, $ mn 58
Figure 23. North America Medical Lasers Market by Gas Laser Devices: Argon Laser Systems, 2022-2032, $ mn 59
Figure 24. North America Medical Lasers Market by Gas Laser Devices: Krypton Laser Systems, 2022-2032, $ mn 60
Figure 25. North America Medical Lasers Market by Gas Laser Devices: Metal Vapor (Copper and Gold) Laser Systems, 2022-2032, $ mn 61
Figure 26. North America Medical Lasers Market by Gas Laser Devices: Helium-Neon (He-Ne) Laser Systems, 2022-2032, $ mn 62
Figure 27. North America Medical Lasers Market by Gas Laser Devices: Excimer Laser Systems, 2022-2032, $ mn 63
Figure 28. North America Medical Lasers Market by Device Type: Diode Laser Devices, 2022-2032, $ mn 64
Figure 29. North America Medical Lasers Market by Device Type: Dye Laser Devices, 2022-2032, $ mn 65
Figure 30. Breakdown of North America Medical Lasers Market by Power, 2022-2032, % of Sales Revenue 67
Figure 31. North America Addressable Market Cap in 2023-2032 by Power, Value ($ mn) and Share (%) 67
Figure 32. North America Medical Lasers Market by Power: High Power, 2022-2032, $ mn 68
Figure 33. North America Medical Lasers Market by Power: Low Power, 2022-2032, $ mn 69
Figure 34. Breakdown of North America Medical Lasers Market by Specialty, 2022-2032, % of Sales Revenue 71
Figure 35. North America Addressable Market Cap in 2023-2032 by Specialty, Value ($ mn) and Share (%) 72
Figure 36. North America Medical Lasers Market by Specialty: Dermatology, 2022-2032, $ mn 73
Figure 37. North America Medical Lasers Market by Specialty: Ophthalmology, 2022-2032, $ mn 74
Figure 38. North America Medical Lasers Market by Specialty: Dentistry, 2022-2032, $ mn 75
Figure 39. North America Medical Lasers Market by Specialty: Gynecology, 2022-2032, $ mn 76
Figure 40. North America Medical Lasers Market by Specialty: Urology, 2022-2032, $ mn 77
Figure 41. North America Medical Lasers Market by Specialty: Cardiology, 2022-2032, $ mn 78
Figure 42. North America Medical Lasers Market by Specialty: Other Specialties, 2022-2032, $ mn 79
Figure 43. Breakdown of North America Medical Lasers Market by Application, 2022-2032, % of Revenue 81
Figure 44. North America Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 81
Figure 45. North America Medical Lasers Market by Application: Cosmetic Application, 2022-2032, $ mn 82
Figure 46. North America Medical Lasers Market by Application: Diagnostic Application, 2022-2032, $ mn 83
Figure 47. North America Medical Lasers Market by Application: Surgical Application, 2022-2032, $ mn 84
Figure 48. North America Medical Lasers Market by Application: Therapeutic Application, 2022-2032, $ mn 85
Figure 49. North America Medical Lasers Market by Application: Other Applications, 2022-2032, $ mn 86
Figure 50. Breakdown of North America Medical Lasers Market by End User, 2022-2032, % of Revenue 88
Figure 51. North America Addressable Market Cap in 2023-2032 by End User, Value ($ mn) and Share (%) 88
Figure 52. North America Medical Lasers Market by End User: Hospitals, 2022-2032, $ mn 89
Figure 53. North America Medical Lasers Market by End User: Specialty Clinics, 2022-2032, $ mn 90
Figure 54. North America Medical Lasers Market by End User: Ambulatory Surgical Centers (ASCs), 2022-2032, $ mn 91
Figure 55. North America Medical Lasers Market by End User: Other End Users, 2022-2032, $ mn 92
Figure 56. Breakdown of North America Medical Lasers Market by Country, 2022 and 2032, % of Revenue 94
Figure 57. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 95
Figure 58. U.S. Medical Lasers Market, 2022-2032, $ mn 97
Figure 59. Canada Medical Lasers Market, 2022-2032, $ mn 99
Figure 60. Medical Lasers Market in Mexico, 2022-2032, $ mn 101
Figure 61. Growth Stage of North America Medical Lasers Industry over the Forecast Period 103
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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