Market Research Reports- Consulting Analysis Crystal Market Research Medical Lasers Market | Page 2

low device cost along with their applications in skin treatments such as tattoo removal will
further boost the market growth.
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Cardiovascular diseases market is expected to grow at the high growth rate over the forecast
period due to the presence of technologically advanced laser-based cardiovascular treatments
such as laser angioplasty and laser thrombolysis. Rise in prevalence of cardiovascular diseases
coupled with aging population is contributing to the market growth. Ophthalmology market will
also register a promising growth owing to the rising applications of medical lasers in refractive
surgeries.
North America held more than one-third share of the global medical lasers market in 2016. Rise
in geriatric population leading to cardiovascular disorders is a key factor driving the market
growth. Asia-Pacific holds huge growth opportunity, due to presence of a large patient pool of
cardiovascular disorders, rapidly aging population, and prevalence of unmet medical needs
coupled with increase in disposable income of the people.
Technology and innovation are driving the competitive medical lasers market. For instance, in
April 2014, Lumenis expanded its product portfolio by introducing three new products viz.,
LightSheer INFINITY, LightSheer DESIRE and Q-Switched Nd:YAG for laser hair removal and
skin rejuvenation to sustain its competitive position in the market. Similarly, in April 2016, BTL
China launched the BTL 6000 high intensity laser. Some of the key players in this market are
Bausch & Lomb Holdings, Spectranetics Corporation, IRIDEX Corporation, Cardiogenesis
Corporation, Inc., Biolase Inc., Syneron-Candela, Lumenis Ltd, Alcon Laboratories, Inc., Cutera,
Inc., American Medical Systems, PhotoMedex Inc., Biolitec AG, AngioDynamics Corp,
Novadaq Technologies, Inc., CryoLife, Inc., Coherent, Inc., and Bioform Medica Inc.
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Analysis and Forecast To 2025". Report at
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Key Findings of the Research Study:
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Diode lasers segment held a major share of the overall market in 2016, due to their wide
adoption in cosmetic procedures
Solid state lasers market is poised to grow at the highest CAGR during the forecast
period due to technological advances and their wide applications in skin treatment
procedures
Cardiovascular disease market will grow with a highest CAGR because of the rising
cases of cardiovascular diseases and rapidly increasing geriatric population worldwide