Market Overview:
The global laser scalpel market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and technological advancements in laser scalpel technology. By type, the CO2 laser segment is expected to lead the global laser scalpel market during the forecast period, owing to its high efficiency and precision. By application, hospitals are expected to account for a major share of the global laser scalpel market during the forecast period, as they are increasingly adopting minimally invasive surgeries.
Product Definition:
A Laser Scalpel is a surgical instrument that uses a laser beam to cut tissue. The beam of light is emitted from the tip of the scalpel and cuts through the tissue by heating it up.
CO2 Laser:
CO2 laser is a gas-based laser that operates at infrared wavelengths. It has been used in dentistry for many years and has gained popularity due to its ability to provide superior coagulation, vaporization of tissues, and thermal effect. CO2 lasers are the most commonly used type of diode lasers because they offer high optical output power with low energy consumption levels as compared to other types such as ArF or KrF.
Argon Laser:
Argon laser is a gas-phase laser that operates at infrared wavelengths. It produces light with a wavelength of 1,064 nm by stimulated emission of highly reactive ions (H+), which results in the formation of an aerosol beam. The Argon laser has applications in dentistry and medicine as it offers advantages such as precise cutting, reduced bleeding & tissue trauma and quick healing.
Application Insights:
Based on application, the market is segmented into hospitals, ambulatory surgical centers, and others. The hospital segment dominated the global laser scalpel market in 2017 owing to increasing demand for minimally invasive surgeries. Minimally invasive surgeries involve the use of surgical tools that are smaller and more refined than conventional surgery tools. Laser scalpels are used for various procedures such as skin cancer removal, hair removal from face & body including arms & legs, ears & nose/mouth area among others.
The other segment is expected to be one of the fastest-growing segments over the forecast period owing to rising demand for aesthetic surgeries involving facial structure correction or enhancement using microvascular techniques with minimal risk of postoperative complications or loss of vision at a later stage due to trauma during surgery.
Regional Analysis:
North America dominated the global laser scalpel market in 2017 owing to factors such as favorable reimbursement scenario, increasing adoption of advanced technologies and presence of well-established healthcare facilities. Moreover, growing number of research activities by major companies is expected to drive the demand for lasers in this region. For instance, In April 2018, Medtronic plc launched a new surgical laser system called LIGHTSPOT Surgical Laser with integrated software that helps surgeons see all available options during surgery preparation and guidance through 3D imaging. This technology allows physicians to avoid common pitfalls associated with traditional 2D imaging systems used before surgery start.
Asia Pacific is anticipated to grow at a lucrative rate over the forecast period due to rising medical tourism industry in countries such as India & China & Malaysia & Singapore etc., which has led an increase in surgeries being performed across these regions globally (Gonzalez et al., 2016).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for laser scalpel is expected to grow at a CAGR of more than 7% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which are less risky and cause less pain and scarring as compared to traditional surgical procedures.
- Technological advancements: The development of new and innovative laser scalpel products is one of the key growth drivers for this market. These products offer enhanced performance, precision, and safety as compared to traditional surgical instruments.
- Rising prevalence of chronic diseases: The incidence of chronic diseases such as cancer, heart disease, and diabetes is on the rise across the globe. This has led to an increase in the number of surgical procedures being performed each year, thereby driving demand for laser scalpels globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Scalpel Market Research Report
By Type
CO2 Laser, Argon Laser, Other
By Application
Hospitals, Ambulatory Surgical Centers, Others
By Companies
Lumenis, LightScalpel, Abbott Laboratories, Luxarcare, Hamamatsu, Beijing Health Medical Technology Co. Ltd, Alma Lasers, Boston Scientific Corporation, IPG Photonics Corporation, Spectranetics Corporation, Biolitec AG, Bison Medical, Fotona
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Laser Scalpel Market Report Segments:
The global Laser Scalpel market is segmented on the basis of:
Types
CO2 Laser, Argon Laser, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgical Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lumenis
- LightScalpel
- Abbott Laboratories
- Luxarcare
- Hamamatsu
- Beijing Health Medical Technology Co. Ltd
- Alma Lasers
- Boston Scientific Corporation
- IPG Photonics Corporation
- Spectranetics Corporation
- Biolitec AG
- Bison Medical
- Fotona
Highlights of The Laser Scalpel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- CO2 Laser
- Argon Laser
- Other
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laser Scalpel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A laser scalpel is a medical device that uses lasers to cut tissue. It is often used in surgery to remove tumors, blood clots, and other types of lesions from the body.
Some of the major companies in the laser scalpel market are Lumenis, LightScalpel, Abbott Laboratories, Luxarcare, Hamamatsu, Beijing Health Medical Technology Co. Ltd, Alma Lasers, Boston Scientific Corporation, IPG Photonics Corporation, Spectranetics Corporation, Biolitec AG, Bison Medical, Fotona.
The laser scalpel market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Scalpel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Laser Scalpel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser Scalpel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Laser Scalpel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Laser Scalpel Market Size & Forecast, 2018-2028
4.5.1 Laser Scalpel Market Size and Y-o-Y Growth
4.5.2 Laser Scalpel Market Absolute $ Opportunity
Chapter 5 Global Laser Scalpel Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Laser Scalpel Market Size Forecast by Type
5.2.1 CO2 Laser
5.2.2 Argon Laser
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laser Scalpel Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Laser Scalpel Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Scalpel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Laser Scalpel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Laser Scalpel Analysis and Forecast
9.1 Introduction
9.2 North America Laser Scalpel Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Laser Scalpel Market Size Forecast by Type
9.6.1 CO2 Laser
9.6.2 Argon Laser
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Laser Scalpel Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Laser Scalpel Analysis and Forecast
10.1 Introduction
10.2 Europe Laser Scalpel Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Laser Scalpel Market Size Forecast by Type
10.6.1 CO2 Laser
10.6.2 Argon Laser
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Laser Scalpel Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Laser Scalpel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laser Scalpel Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Laser Scalpel Market Size Forecast by Type
11.6.1 CO2 Laser
11.6.2 Argon Laser
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Laser Scalpel Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Laser Scalpel Analysis and Forecast
12.1 Introduction
12.2 Latin America Laser Scalpel Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Laser Scalpel Market Size Forecast by Type
12.6.1 CO2 Laser
12.6.2 Argon Laser
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Laser Scalpel Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Laser Scalpel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laser Scalpel Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Laser Scalpel Market Size Forecast by Type
13.6.1 CO2 Laser
13.6.2 Argon Laser
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Laser Scalpel Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Laser Scalpel Market: Competitive Dashboard
14.2 Global Laser Scalpel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lumenis
14.3.2 LightScalpel
14.3.3 Abbott Laboratories
14.3.4 Luxarcare
14.3.5 Hamamatsu
14.3.6 Beijing Health Medical Technology Co. Ltd
14.3.7 Alma Lasers
14.3.8 Boston Scientific Corporation
14.3.9 IPG Photonics Corporation
14.3.10 Spectranetics Corporation
14.3.11 Biolitec AG
14.3.12 Bison Medical
14.3.13 Fotona
