Market Overview:
The global medical quasi continuous wave (QCW) lasers market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for minimally invasive surgeries, technological advancements in medical lasers, and rising prevalence of chronic diseases. In terms of type, the below 1100 W segment is expected to account for the largest share of the global medical quasi continuous wave (QCW) lasers market in 2018. This can be attributed to the growing demand for low-power CW laser systems for various applications such as dermatology, ophthalmology, and dentistry. By application, equipment manufacturers are expected to account for the largest share of the global medical quasi continuous wave (QCW) lasers market in 2018.
Product Definition:
Medical quasi continuous wave (QCW) lasers are a type of laser that emit low-power laser radiation in a quasi continuous wave pattern. These lasers are used for medical applications, such as surgery and tissue therapy, because they can produce precise cuts while minimizing damage to surrounding tissue.
Below 1100 W:
Below 1100 W, it's usage and growth factor in the medical QCW lasers market. The below 1100 W, it's usage and growth factor in the medical QCW lasers market is expected to grow at a significant rate over the forecast period. The growing demand for minimally invasive procedures coupled with technological advancements has led to an increase in adoption of various laser devices by surgeons across the globe.
1100-3000W:
The power range from 1100 to 3000W is referred to as the Quasi Continuous Wave (QCW) laser. It has a broad application in medical, dental and veterinary sector. The QCW lasers are used for various procedures such as skin rejuvenation, tattoo removal, hair removal and body contouring which require high-level precision along with low risk of complications after the treatment. These lasers produce extremely small spots that ensure minimal damage to surrounding tissues while delivering effective results on targeted areas.
Application Insights:
The equipment manufacturer segment dominated the global medical quasi continuous wave lasers market in 2017. Equipment manufacturers are adopting various strategies to enhance their presence in the industry, such as mergers and acquisitions, joint ventures, and strategic alliances with other companies. For instance, LumaSense Technologies has partnered with Medtronic to develop a non-invasive QCW laser system for surgical applications.
Pharmaceutical manufacturer is expected to be the fastest-growing application segment over the forecast period owing to increasing adoption of these devices for precise targeting of drugs at tumor sites. Tumor targeting allows reduction in treatment time while enhancing patient safety by reducing risks associated with surgery or radiation exposure during treatment delivery procedures using QCW lasers. Furthermore, growing usage of these devices due to benefits such as reduced pain & trauma coupled with high precision & accuracy is further anticipated fuel product demand from pharmaceutical manufacturers over next seven years.
Other key applications include biophotonics/bioengineering (using 1064 nm wavelength).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D activities and technological advancements in the healthcare sector, especially in U.S. Furthermore, growing adoption of technologically advanced medical devices for treatment and diagnosis of various diseases is also one of the major factors contributing toward regional growth.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising number of patients suffering from chronic diseases coupled with increasing government initiatives for improving healthcare facilities across various countries including China, India, Singapore.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The increasing demand for minimally invasive surgeries is one of the key growth drivers for the medical quasi continuous wave (QCW) lasers market. This is because QCW lasers offer several advantages over traditional surgical techniques, such as reduced trauma, faster healing time, and less pain and scarring.
- Growing use of laser therapy in cancer treatment: Laser therapy is increasingly being used to treat various types of cancer. This is due to its ability to selectively target tumor cells while sparing healthy tissue, which reduces the risk of side effects associated with traditional cancer treatments such as chemotherapy and radiation therapy.
- Rising prevalence of eye diseases: The rising prevalence of eye diseases such as cataracts, glaucoma, and age-related macular degeneration is another major driver for the medical QCW lasers market. These diseases can lead to vision loss if not treated early on, which makes laser therapies an important part of their treatment regimen.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Quasi Continuous Wave (QCW) Lasers Market Research Report
By Type
Below 1100 W, 1100-3000W, 3001-6000W, Above 6000W
By Application
Equipment Manufactory, Pharmaceutical Manufacturer, Others
By Companies
IPG Photonics, Coherent Inc., Lumentum, Raycus, JPT OPTO-Electronics, Feibo Laser, Maxphotonics, Wuxi Yuanqing Ruiguang Laser Ltd (Spearlux), Shenzhen Hanwei Laser, GW Laser Tech
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Medical Quasi Continuous Wave (QCW) Lasers Market Report Segments:
The global Medical Quasi Continuous Wave (QCW) Lasers market is segmented on the basis of:
Types
Below 1100 W, 1100-3000W, 3001-6000W, Above 6000W
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
Equipment Manufactory, Pharmaceutical Manufacturer, 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:
- IPG Photonics
- Coherent Inc.
- Lumentum
- Raycus
- JPT OPTO-Electronics
- Feibo Laser
- Maxphotonics
- Wuxi Yuanqing Ruiguang Laser Ltd (Spearlux)
- Shenzhen Hanwei Laser
- GW Laser Tech
Highlights of The Medical Quasi Continuous Wave (QCW) Lasers 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:
- Below 1100 W
- 1100-3000W
- 3001-6000W
- Above 6000W
- By Application:
- Equipment Manufactory
- Pharmaceutical Manufacturer
- 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 Medical Quasi Continuous Wave (QCW) Lasers 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 QCW lasers are a type of laser that emits a continuous wave of light. This type of laser is used in medical procedures to treat various medical conditions, such as skin cancer and tattoos.
Some of the major companies in the medical quasi continuous wave (qcw) lasers market are IPG Photonics, Coherent Inc., Lumentum, Raycus, JPT OPTO-Electronics, Feibo Laser, Maxphotonics, Wuxi Yuanqing Ruiguang Laser Ltd (Spearlux), Shenzhen Hanwei Laser, GW Laser Tech.
The medical quasi continuous wave (qcw) lasers market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Quasi Continuous Wave (QCW) Lasers 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 Quasi Continuous Wave (QCW) Lasers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Medical Quasi Continuous Wave (QCW) Lasers 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 Quasi Continuous Wave (QCW) Lasers 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 Quasi Continuous Wave (QCW) Lasers Market Size & Forecast, 2018-2028 4.5.1 Medical Quasi Continuous Wave (QCW) Lasers Market Size and Y-o-Y Growth 4.5.2 Medical Quasi Continuous Wave (QCW) Lasers Market Absolute $ Opportunity
Chapter 5 Global Medical Quasi Continuous Wave (QCW) Lasers 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 Medical Quasi Continuous Wave (QCW) Lasers Market Size Forecast by Type
5.2.1 Below 1100 W
5.2.2 1100-3000W
5.2.3 3001-6000W
5.2.4 Above 6000W
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Quasi Continuous Wave (QCW) Lasers 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 Medical Quasi Continuous Wave (QCW) Lasers Market Size Forecast by Applications
6.2.1 Equipment Manufactory
6.2.2 Pharmaceutical Manufacturer
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Quasi Continuous Wave (QCW) Lasers 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 Quasi Continuous Wave (QCW) Lasers 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 Medical Quasi Continuous Wave (QCW) Lasers Analysis and Forecast
9.1 Introduction
9.2 North America Medical Quasi Continuous Wave (QCW) Lasers 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 Medical Quasi Continuous Wave (QCW) Lasers Market Size Forecast by Type
9.6.1 Below 1100 W
9.6.2 1100-3000W
9.6.3 3001-6000W
9.6.4 Above 6000W
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 Medical Quasi Continuous Wave (QCW) Lasers Market Size Forecast by Applications
9.10.1 Equipment Manufactory
9.10.2 Pharmaceutical Manufacturer
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 Medical Quasi Continuous Wave (QCW) Lasers Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Quasi Continuous Wave (QCW) Lasers 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 Medical Quasi Continuous Wave (QCW) Lasers Market Size Forecast by Type
10.6.1 Below 1100 W
10.6.2 1100-3000W
10.6.3 3001-6000W
10.6.4 Above 6000W
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 Medical Quasi Continuous Wave (QCW) Lasers Market Size Forecast by Applications
10.10.1 Equipment Manufactory
10.10.2 Pharmaceutical Manufacturer
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 Medical Quasi Continuous Wave (QCW) Lasers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Quasi Continuous Wave (QCW) Lasers 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 Medical Quasi Continuous Wave (QCW) Lasers Market Size Forecast by Type
11.6.1 Below 1100 W
11.6.2 1100-3000W
11.6.3 3001-6000W
11.6.4 Above 6000W
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 Medical Quasi Continuous Wave (QCW) Lasers Market Size Forecast by Applications
11.10.1 Equipment Manufactory
11.10.2 Pharmaceutical Manufacturer
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 Medical Quasi Continuous Wave (QCW) Lasers Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Quasi Continuous Wave (QCW) Lasers 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 Medical Quasi Continuous Wave (QCW) Lasers Market Size Forecast by Type
12.6.1 Below 1100 W
12.6.2 1100-3000W
12.6.3 3001-6000W
12.6.4 Above 6000W
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 Medical Quasi Continuous Wave (QCW) Lasers Market Size Forecast by Applications
12.10.1 Equipment Manufactory
12.10.2 Pharmaceutical Manufacturer
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) Medical Quasi Continuous Wave (QCW) Lasers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Quasi Continuous Wave (QCW) Lasers 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) Medical Quasi Continuous Wave (QCW) Lasers Market Size Forecast by Type
13.6.1 Below 1100 W
13.6.2 1100-3000W
13.6.3 3001-6000W
13.6.4 Above 6000W
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) Medical Quasi Continuous Wave (QCW) Lasers Market Size Forecast by Applications
13.10.1 Equipment Manufactory
13.10.2 Pharmaceutical Manufacturer
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 Medical Quasi Continuous Wave (QCW) Lasers Market: Competitive Dashboard
14.2 Global Medical Quasi Continuous Wave (QCW) Lasers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IPG Photonics
14.3.2 Coherent Inc.
14.3.3 Lumentum
14.3.4 Raycus
14.3.5 JPT OPTO-Electronics
14.3.6 Feibo Laser
14.3.7 Maxphotonics
14.3.8 Wuxi Yuanqing Ruiguang Laser Ltd (Spearlux)
14.3.9 Shenzhen Hanwei Laser
14.3.10 GW Laser Tech