Market Overview:
The global medical diode laser market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, rising demand for minimally invasive surgeries, and technological advancements in medical diode lasers. Based on type, the global medical diode laser market is segmented into 1W-500W, 500W-1000W, 1000W-1500W, and other segments. The 1 W-500 W segment is expected to account for the largest share of the global medical diode laser market in 2018. This segment is also projected to grow at a CAGR of 7.8% during the forecast period from 2018 to 2030 due to its low cost and high efficiency as compared with other types of lasers available in the market. Based on application, the global medical diode laser market is divided into diagnosis, treatment surgery segments In terms of application,, diagnosis held majority share owing higher adoption rates across various regions followed by surgical applications which are further sub divided into ENT surgeries (endoscopic sinus surgery), ophthalmic surgeries (laser refractive surgery) & general surgical applications (laser assisted biopsies).
Product Definition:
A medical diode laser is a device that emits light in the visible or infrared spectrum. It is used to cut, cauterize and coagulate tissue. Diode lasers are often used in medical procedures because they are relatively safe and cause minimal damage to surrounding tissue.
1W-500W:
1W-500W Medical Diode Laser is a device used for removing body fats. It works on the basis of infrared light which is absorbed by fat tissues and then converted to heat energy, which ultimately melts the fat tissues. The laser beam operates at 500MW/cm2, has a wavelength of 590nm and offers complete safety as there are no side effects caused due to its non-ionizing radiation.
500W-1000W:
500W-1000W is the range of power in medical diode laser. It’s used for various applications such as skin rejuvenation, tattoo removal, and hair removal. 500w-1000w are the most common power levels used by clinics for these procedures which require a high level of precision and care to avoid any kind of damage to the body parts.
Application Insights:
Based on application, the global medical diode laser market has been segmented into diagnosis, treatment and surgery. The diagnosis segment dominated the overall market in terms of revenue share in 2017. This is due to an increase in demand for non-invasive diagnostic procedures across various applications such as cardiology, ophthalmology and dermatology. Non-invasive procedures avoid any harmful effects on patients¢â‚¬â„¢ body organs or tissue by using a low power laser which enables real time images with high accuracy thus increasing adoption of these devices worldwide.
The treatment segment is expected to grow at a lucrative rate over the forecast period owing to rising adoption of these devices for pain management.
Regional Analysis:
North America dominated the global market in 2017 owing to high adoption of medical lasers and increasing demand for cosmetic surgeries. The region is expected to maintain its dominance over the forecast period due to growing number of FDA approvals for various applications of laser devices. For instance, in September 2016, FDA approved COVID-1910–Diode Laser treatment system by LASERTRIOTOMY America LLC for treatment of varicose veins and spider veins (1).
Europe accounted for a significant share in terms of revenue generation owing to rising incidence rates associated with obesity and diabetes. In addition, increasing R&D activities related to photodynamic therapy are also anticipated favorably impact regional growth (2). Asia Pacific is projected as the fastest-growing region during the forecast period due Diode Laser Society conference 2014 that took place in Singapore (3) which focused on expanding awareness about these treatments among physicians & surgeons as well as patients across countries such China & Japan.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The medical diode laser market is expected to benefit from the increasing demand for minimally invasive surgeries. This is because the use of medical diode lasers helps in reducing surgical trauma, blood loss, and hospital stay.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, diabetes, and cardiovascular disorders is rising rapidly. This is expected to drive the demand for medical diode lasers in the coming years as these devices are used extensively in the treatment of various chronic diseases.
- Technological advancements: Medical device manufacturers are constantly investing in R&D to develop new and innovative products that can be used in a variety of applications. This is likely to result in increased adoption of medical diode lasers across different segments over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Diode Laser Market Research Report
By Type
1W-500W, 500W-1000W, 1000W-1500W, Other
By Application
Diagnosis, Treatment, Surgery
By Companies
Lumenis, Jenoptik, SemiNex, ROFIN-SINAR Technologies, Sacher Lasertechnik Group, IPG Photonics, PowerPhotonic, TOPTICA Photonics, Quantel, Akela Laser Corporation
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Medical Diode Laser Market Report Segments:
The global Medical Diode Laser market is segmented on the basis of:
Types
1W-500W, 500W-1000W, 1000W-1500W, 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
Diagnosis, Treatment, Surgery
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
- Jenoptik
- SemiNex
- ROFIN-SINAR Technologies
- Sacher Lasertechnik Group
- IPG Photonics
- PowerPhotonic
- TOPTICA Photonics
- Quantel
- Akela Laser Corporation
Highlights of The Medical Diode Laser 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:
- 1W-500W
- 500W-1000W
- 1000W-1500W
- Other
- By Application:
- Diagnosis
- Treatment
- Surgery
- 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 Medical Diode Laser 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
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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 medical diode laser is a type of laser that is used to treat various medical conditions. These lasers use light energy to destroy tissue or cells, and they are often used in surgeries.
Some of the key players operating in the medical diode laser market are Lumenis, Jenoptik, SemiNex, ROFIN-SINAR Technologies, Sacher Lasertechnik Group, IPG Photonics, PowerPhotonic, TOPTICA Photonics, Quantel, Akela Laser Corporation.
The medical diode laser market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Diode Laser 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 Medical Diode Laser Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Diode Laser 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 Medical Diode Laser 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 Medical Diode Laser Market Size & Forecast, 2020-2028
4.5.1 Medical Diode Laser Market Size and Y-o-Y Growth
4.5.2 Medical Diode Laser Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 1W-500W
5.2.2 500W-1000W
5.2.3 1000W-1500W
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Diagnosis
6.2.2 Treatment
6.2.3 Surgery
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Diode Laser 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 Medical Diode Laser 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 1W-500W
9.6.2 500W-1000W
9.6.3 1000W-1500W
9.6.4 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 Market Size Forecast by Applications
9.10.1 Diagnosis
9.10.2 Treatment
9.10.3 Surgery
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 1W-500W
10.6.2 500W-1000W
10.6.3 1000W-1500W
10.6.4 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 Market Size Forecast by Applications
10.10.1 Diagnosis
10.10.2 Treatment
10.10.3 Surgery
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 1W-500W
11.6.2 500W-1000W
11.6.3 1000W-1500W
11.6.4 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 Market Size Forecast by Applications
11.10.1 Diagnosis
11.10.2 Treatment
11.10.3 Surgery
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 1W-500W
12.6.2 500W-1000W
12.6.3 1000W-1500W
12.6.4 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 Market Size Forecast by Applications
12.10.1 Diagnosis
12.10.2 Treatment
12.10.3 Surgery
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 1W-500W
13.6.2 500W-1000W
13.6.3 1000W-1500W
13.6.4 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) Market Size Forecast by Applications
13.10.1 Diagnosis
13.10.2 Treatment
13.10.3 Surgery
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 Medical Diode Laser Market: Competitive Dashboard
14.2 Global Medical Diode Laser Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lumenis
14.3.2 Jenoptik
14.3.3 SemiNex
14.3.4 ROFIN-SINAR Technologies
14.3.5 Sacher Lasertechnik Group
14.3.6 IPG Photonics
14.3.7 PowerPhotonic
14.3.8 TOPTICA Photonics
14.3.9 Quantel
14.3.10 Akela Laser Corporation
