Surgical Lasers Market to Grow at 5.1% CAGR, Forecasts M&M in New Report Available at MarketPublishers.com14 Feb 2017 • by Natalie Aster
LONDON – The global market for surgical lasers is expected to showcase the one-digit growth at a CAGR of slightly over 5% in the coming years. It is forecast to be worth around USD 2.4 billion by 2021.
There is a range of factors that will ignite the growth, and technological advancements are the first one that is worth mentioning. The rising incidence of targeted diseases and their increasing prevalence are some other drivers. The high prevalence of ophthalmic disorders is one more important driving force.
On the other hand, the marketplace faces certain restraints: limitations associated with medical reimbursements, regulatory issues, and more.
Emerging markets represent good growth opportunities for the global marketplace. The rising interest in medical tourism is one more opportunity that the worldwide market has.
Region-wise, North America holds the reins. This region owns the largest share of the worldwide marketplace. Europe is the second runner in this race.
The competition is high in this market. There are many large companies fighting with others for the leadership: Lumenis, Abbot Laboratories, Cynosure, to name a few.
New research report “Surgical Lasers Market by product type, Procedure, & Application - Global forecast to 2021” developed by M&M offers a comprehensive analysis of the world’s market for surgical lasers. The study starts with a detailed overview of this space. It throws light on driving forces and restraints of the marketplace.
The report investigates opportunities and challenges of the worldwide market, too. The research study outlines major trends and developments in the surgical lasers industry globally.
It examines the total marketplace on the basis of procedure types, laser types, and applications. Regional and country markets are also looked at in this research report. The study delves deep into the competitive situation.
It profiles 10 major companies (some of them were mentioned above). The research report comprises global forecasts through 2021.
More new studies by our partner can be found at M&M page.