Market Overview:
The global medical laser welding machine 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 demand for minimally invasive surgeries, rising prevalence of chronic diseases, and technological advancements in medical lasers. Based on type, the global medical laser welding machine market is segmented into fiber laser welding machines, COâ‚‚ laser welding machines, and solid-state lasers. The fiber laser welding machines segment is expected to account for the largest share of the global medical laser welding machine market in 2018. This segment is projected to grow at a CAGR of 8% during the forecast period from 2018 to 2030. This growth can be attributed to factors such as technological advancements in fiber lasers and their growing use in minimally invasive surgeries. Based on application, the global medical laser welding machine market is divided into three segments: surgical instruments, orthopedic or trauma surgical implants, and plastic casing.
Product Definition:
A medical laser welding machine is a device that uses lasers to weld body tissues together. It is used to fuse tissue together during surgery, typically to close a wound. The machine produces a very low-power laser beam that is focused on the tissue being welded. This causes the tissue to heat up and fuse together.
Fiber Laser Welding Machine:
Fiber laser welding machine is used to weld two or more metals with high speed and precision. It produces a beam of light which is made up of optical fibers. These optical fibers are flexible in nature and can be bent, spread out or wrapped around the work piece. The laser beam travels through the material and returns to the source where it gets reflected back into another fiber thus making a complete circuit.
COâ‚‚ Laser Welding Machine:
COâ‚‚ laser welding machine is used in medical laser welding machine market for joining and bonding of two or more metals. It produces infrared light beam which is absorbed by the base metal, then it's converted into high temperature plasma by the power source. This process does not require any other material as bonding agent like arc welding and oxy-fuel welding.
Application Insights:
Based on application, the global medical laser welding machine market has been segmented into surgical instruments, orthopedic or trauma surgical implant, plastic casing and others. The surgical instrumentation held the largest share in 2017 owing to its wide applications in various parts of the body during surgery. These include endoscopic tools such as cameras and laparoscopes that are used for diagnostic purposes as well as for performing surgeries.
The orthopedic or trauma surgical implant segment is expected to grow at a rapid pace over the forecast period due to increasing cases of bone fractures across the globe.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of key players and high adoption rate for advanced technologies. The region is expected to maintain its dominance over the forecast period due to increasing demand for medical devices, rising geriatric population, and growing healthcare spending. Europe accounted for a significant share in terms of revenue due to high demand from several end-use industries including automotive, aerospace & defense, electronics & electrical equipment manufacturing (EEF), medical instruments manufacturing (MIM) among others.
Asia Pacific is projected to grow at an exponential CAGR during the forecast period owing with rapid economic development coupled with increasing government initiatives pertaining towards promotion of laser technology adoption in various applications such as surgical procedures and dentistry among others. Latin America also presents huge growth opportunities on account on rising disposable income especially after Brazil’s recent economic recovery which will boost product penetration rates over this region’s projected period (2018-2030).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global medical laser welding machine market is expected to benefit from the increasing demand for minimally invasive surgeries. This is because medical laser welding machines offer several advantages over traditional surgical methods, including reduced trauma, faster healing time, and minimal scarring.
- Growing use of lasers in cosmetic surgery: Another key growth driver for the global medical laser welding machine market is the growing use of lasers in cosmetic surgery procedures. This is due to the superior results that lasers provide when compared to other cosmetic surgery techniques such as dermabrasion and chemical peels.
- Rising prevalence of chronic diseases: The global medical laser welding machine market will also benefit from rising prevalence of chronic diseases such as cancer and diabetes mellitus, which are increasingly being treated with laser-based therapies.
- Technological advancements: The development of new and innovative technologies has been a key driver for growth in the global medical laser welding machine market over the past few years. This trend is likely to continue in the coming years with manufacturers introducing new products that are more efficient and easier to operate than their predecessors.. 5) Growing awareness about benefits of lasers: Finally, growing awareness about the benefits offered by lasers has been a major factor driving growth in th
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Laser Welding Machine Market Research Report
By Type
Fiber Laser Welding Machine, CO₂ Laser Welding Machine, Solid-state Laser Welding Machine
By Application
Medical Instruments, Surgical Instruments, Orthopedic or Trauma Surgical Implant, Plastic Casing
By Companies
Emerson, IPG Photonics, Trumpf, Amada Miyachi, Jenoptik, Lasag, Laserstar Technologies, Mecasonic, Precitec, Coherent-Rofin, SLTL, Spi Lasers, Wuhan Tianqi Laser Equipment Manufacturing
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Medical Laser Welding Machine Market Report Segments:
The global Medical Laser Welding Machine market is segmented on the basis of:
Types
Fiber Laser Welding Machine, CO₂ Laser Welding Machine, Solid-state Laser Welding Machine
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
Medical Instruments, Surgical Instruments, Orthopedic or Trauma Surgical Implant, Plastic Casing
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:
- Emerson
- IPG Photonics
- Trumpf
- Amada Miyachi
- Jenoptik
- Lasag
- Laserstar Technologies
- Mecasonic
- Precitec
- Coherent-Rofin
- SLTL
- Spi Lasers
- Wuhan Tianqi Laser Equipment Manufacturing
Highlights of The Medical Laser Welding Machine 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:
- Fiber Laser Welding Machine
- CO₂ Laser Welding Machine
- Solid-state Laser Welding Machine
- By Application:
- Medical Instruments
- Surgical Instruments
- Orthopedic or Trauma Surgical Implant
- Plastic Casing
- 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 Laser Welding Machine 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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- 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?
Medical laser welding machines are used to weld metals together. They use a concentrated beam of light to heat the metal until it melts and then forms a joint.
Some of the major companies in the medical laser welding machine market are Emerson, IPG Photonics, Trumpf, Amada Miyachi, Jenoptik, Lasag, Laserstar Technologies, Mecasonic, Precitec, Coherent-Rofin, SLTL, Spi Lasers, Wuhan Tianqi Laser Equipment Manufacturing.
The medical laser welding machine market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Laser Welding Machine 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 Laser Welding Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Laser Welding Machine 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 Laser Welding Machine 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 Laser Welding Machine Market Size & Forecast, 2020-2028
4.5.1 Medical Laser Welding Machine Market Size and Y-o-Y Growth
4.5.2 Medical Laser Welding Machine 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 Fiber Laser Welding Machine
5.2.2 CO₂ Laser Welding Machine
5.2.3 Solid-state Laser Welding Machine
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 Medical Instruments
6.2.2 Surgical Instruments
6.2.3 Orthopedic or Trauma Surgical Implant
6.2.4 Plastic Casing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Laser Welding Machine 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 Laser Welding Machine 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 Fiber Laser Welding Machine
9.6.2 CO₂ Laser Welding Machine
9.6.3 Solid-state Laser Welding Machine
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 Medical Instruments
9.10.2 Surgical Instruments
9.10.3 Orthopedic or Trauma Surgical Implant
9.10.4 Plastic Casing
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 Fiber Laser Welding Machine
10.6.2 CO₂ Laser Welding Machine
10.6.3 Solid-state Laser Welding Machine
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 Medical Instruments
10.10.2 Surgical Instruments
10.10.3 Orthopedic or Trauma Surgical Implant
10.10.4 Plastic Casing
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 Fiber Laser Welding Machine
11.6.2 CO₂ Laser Welding Machine
11.6.3 Solid-state Laser Welding Machine
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 Medical Instruments
11.10.2 Surgical Instruments
11.10.3 Orthopedic or Trauma Surgical Implant
11.10.4 Plastic Casing
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 Fiber Laser Welding Machine
12.6.2 CO₂ Laser Welding Machine
12.6.3 Solid-state Laser Welding Machine
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 Medical Instruments
12.10.2 Surgical Instruments
12.10.3 Orthopedic or Trauma Surgical Implant
12.10.4 Plastic Casing
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 Fiber Laser Welding Machine
13.6.2 CO₂ Laser Welding Machine
13.6.3 Solid-state Laser Welding Machine
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 Medical Instruments
13.10.2 Surgical Instruments
13.10.3 Orthopedic or Trauma Surgical Implant
13.10.4 Plastic Casing
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 Laser Welding Machine Market: Competitive Dashboard
14.2 Global Medical Laser Welding Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emerson
14.3.2 IPG Photonics
14.3.3 Trumpf
14.3.4 Amada Miyachi
14.3.5 Jenoptik
14.3.6 Lasag
14.3.7 Laserstar Technologies
14.3.8 Mecasonic
14.3.9 Precitec
14.3.10 Coherent-Rofin
14.3.11 SLTL
14.3.12 Spi Lasers
14.3.13 Wuhan Tianqi Laser Equipment Manufacturing
