Market Research Reports- Consulting Analysis Crystal Market Research Medical Lasers Market

Medical Lasers Market Size is Projected to
be Around $13 Billion by 2025: Crystal
Market Research
A research study titled, "Medical Lasers Market by Product and Application - Global
Industry Analysis and Forecast to 2025" published by Crystal Market Research, states that
the medical lasers market is projected to be around $13 billion by 2025.
Medical lasers have significant applications in eye surgeries and cosmetic procedures worldwide.
As per the UK-based Laser Eye Surgery Hub, more than 30 million eye related surgeries have
been carried out across the world so far using lasers. During such surgeries, lasers are used to
vaporize targeted parts of the cornea to reshape it in order to treat visual impairments. Every
year, more than 120,000 people opt for laser eye surgery in UK. The use of lasers in eye
surgeries helps in quick vision correction with less painful procedures, which is contributing to
the market growth. Rising focus on aesthetic appeal is one of the major driving factors for the
medical lasers market. According to the American Society for Aesthetic Plastic surgery
(ASAPS), Americans spent more than $15 billion on aesthetic procedures in 2016, amounting to
a rise of 11% from the previous year. Increasing demand for non-invasive procedures by the
patients will further drive the demand for medical lasers. Lasers assist surgeons in performing
complex tasks with reduced blood loss and further minimizing the chances of wound infection.
Diode lasers segment holds a significant share of the global medical lasers market. These lasers
have varied applications in different cosmetic procedures such as treatment of acne, wrinkles,
and skin rejuvenation procedures. Solid state lasers are expected to grow at the highest CAGR
during the forecast period. This high growth rate can be attributed to the compact designs and the