Therapeutic Laser System Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
The therapeutic laser system is a drug-free and non-invasive treatment method that provides relief from chronic, acute pain and improves blood circulation. These systems use LASER light waves to penetrate the skin without heating, damaging, or causing other side effects. The therapeutic laser system speeds wound healing and reduces soft tissue inflammation and pain. Therapeutic laser treatment is a viable alternative to, and even a supplement to, traditional drug and surgical treatments. Laser therapy is used for vascular malformation of GIT, Upper GI Carcinoma, liver, bile duct stones, urology, skin lesions, etc.
MARKET DYNAMICS
Therapeutic laser system market because of its ability to treat a wide range of diseases in humans and animals, it is expected to expand significantly. Over the forecast period, the availability of various products with personalized probes will aid in the growth of this market. The escalating incidences of chronic and acute pain due to diabetic foot ulcer and arthritis, rising incidences of sports injuries, provoked vestibulodynia and various women specific ailments helps this market grow positively over the forecast period complications, are also propelling the therapeutic laser market forward. However, Lack of training or skilled professionals to operate these systems and apprehensions about its safety among different population groups may hamper the growth of the therapeutic laser market over the forecast period.
MARKET SCOPE
The "Therapeutic Laser System Market to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Therapeutic laser system market with detailed market segmentation by product types and end user. The Therapeutic laser system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Therapeutic laser system market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The therapeutic laser system market is segmented on the basis of product types and end user. Based on product types, the market is segmented as diode laser systems, solid state laser systems, dye lasers systems, gas lasers systems. Based on end user, the market is segmented as hospitals, clinics and ambulatory surgical centers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Therapeutic laser system market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Therapeutic laser system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Therapeutic laser system market t from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Handheld pulse oximeters market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Therapeutic laser system market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Therapeutic laser system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Therapeutic laser system market t from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Handheld pulse oximeters market in these regions.
MARKET PLAYERS
The report covers key developments in the Therapeutic laser system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Therapeutic laser system market are anticipated to have lucrative growth opportunities in the future with the rising demand for Therapeutic laser system market in the global market. Below mentioned is the list of few companies engaged in the Therapeutic laser system market.
The report also includes the profiles of key players in Therapeutic laser system market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Lumenis
- Fotona
- Topcon
- Cynosure
- BioLase
- Spectranetics
- Dornier MedTech
- Erchonia
- Quanta system
- Syneron Candela
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Therapeutic Laser System Market - By Product
1.3.2 Therapeutic Laser System Market - By End users
1.3.3 Therapeutic Laser System Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. THERAPEUTIC LASER SYSTEM MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. THERAPEUTIC LASER SYSTEM MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. THERAPEUTIC LASER SYSTEM MARKET - GLOBAL MARKET ANALYSIS
6.1. THERAPEUTIC LASER SYSTEM - GLOBAL MARKET OVERVIEW
6.2. THERAPEUTIC LASER SYSTEM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. THERAPEUTIC LASER SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. DIODE LASER SYSTEMS
7.3.1. Overview
7.3.2. Diode Laser Systems Market Forecast and Analysis
7.4. SOLID STATE LASER SYSTEMS
7.4.1. Overview
7.4.2. Solid State Laser Systems Market Forecast and Analysis
7.5. DYE LASERS SYSTEMS
7.5.1. Overview
7.5.2. Dye Lasers Systems Market Forecast and Analysis
7.6. GAS LASERS SYSTEMS
7.6.1. Overview
7.6.2. Gas Lasers Systems Market Forecast and Analysis
8. THERAPEUTIC LASER SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - END USERS
8.1. OVERVIEW
8.2. END USERS MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS
8.3.1. Overview
8.3.2. Hospitals Market Forecast and Analysis
8.4. CLINICS
8.4.1. Overview
8.4.2. Clinics Market Forecast and Analysis
8.5. AMBULATORY SURGICAL CENTERS
8.5.1. Overview
8.5.2. Ambulatory Surgical Centers Market Forecast and Analysis
9. THERAPEUTIC LASER SYSTEM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Therapeutic Laser System Market Overview
9.1.2 North America Therapeutic Laser System Market Forecasts and Analysis
9.1.3 North America Therapeutic Laser System Market Forecasts and Analysis - By Product
9.1.4 North America Therapeutic Laser System Market Forecasts and Analysis - By End users
9.1.5 North America Therapeutic Laser System Market Forecasts and Analysis - By Countries
9.1.5.1 United States Therapeutic Laser System Market
9.1.5.1.1 United States Therapeutic Laser System Market by Product
9.1.5.1.2 United States Therapeutic Laser System Market by End users
9.1.5.2 Canada Therapeutic Laser System Market
9.1.5.2.1 Canada Therapeutic Laser System Market by Product
9.1.5.2.2 Canada Therapeutic Laser System Market by End users
9.1.5.3 Mexico Therapeutic Laser System Market
9.1.5.3.1 Mexico Therapeutic Laser System Market by Product
9.1.5.3.2 Mexico Therapeutic Laser System Market by End users
9.2. EUROPE
9.2.1 Europe Therapeutic Laser System Market Overview
9.2.2 Europe Therapeutic Laser System Market Forecasts and Analysis
9.2.3 Europe Therapeutic Laser System Market Forecasts and Analysis - By Product
9.2.4 Europe Therapeutic Laser System Market Forecasts and Analysis - By End users
9.2.5 Europe Therapeutic Laser System Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Therapeutic Laser System Market
9.2.5.1.1 Germany Therapeutic Laser System Market by Product
9.2.5.1.2 Germany Therapeutic Laser System Market by End users
9.2.5.2 France Therapeutic Laser System Market
9.2.5.2.1 France Therapeutic Laser System Market by Product
9.2.5.2.2 France Therapeutic Laser System Market by End users
9.2.5.3 Italy Therapeutic Laser System Market
9.2.5.3.1 Italy Therapeutic Laser System Market by Product
9.2.5.3.2 Italy Therapeutic Laser System Market by End users
9.2.5.4 Spain Therapeutic Laser System Market
9.2.5.4.1 Spain Therapeutic Laser System Market by Product
9.2.5.4.2 Spain Therapeutic Laser System Market by End users
9.2.5.5 United Kingdom Therapeutic Laser System Market
9.2.5.5.1 United Kingdom Therapeutic Laser System Market by Product
9.2.5.5.2 United Kingdom Therapeutic Laser System Market by End users
9.2.5.6 Rest of Europe Therapeutic Laser System Market
9.2.5.6.1 Rest of Europe Therapeutic Laser System Market by Product
9.2.5.6.2 Rest of Europe Therapeutic Laser System Market by End users
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Therapeutic Laser System Market Overview
9.3.2 Asia-Pacific Therapeutic Laser System Market Forecasts and Analysis
9.3.3 Asia-Pacific Therapeutic Laser System Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Therapeutic Laser System Market Forecasts and Analysis - By End users
9.3.5 Asia-Pacific Therapeutic Laser System Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Therapeutic Laser System Market
9.3.5.1.1 Australia Therapeutic Laser System Market by Product
9.3.5.1.2 Australia Therapeutic Laser System Market by End users
9.3.5.2 China Therapeutic Laser System Market
9.3.5.2.1 China Therapeutic Laser System Market by Product
9.3.5.2.2 China Therapeutic Laser System Market by End users
9.3.5.3 India Therapeutic Laser System Market
9.3.5.3.1 India Therapeutic Laser System Market by Product
9.3.5.3.2 India Therapeutic Laser System Market by End users
9.3.5.4 Japan Therapeutic Laser System Market
9.3.5.4.1 Japan Therapeutic Laser System Market by Product
9.3.5.4.2 Japan Therapeutic Laser System Market by End users
9.3.5.5 South Korea Therapeutic Laser System Market
9.3.5.5.1 South Korea Therapeutic Laser System Market by Product
9.3.5.5.2 South Korea Therapeutic Laser System Market by End users
9.3.5.6 Rest of Asia-Pacific Therapeutic Laser System Market
9.3.5.6.1 Rest of Asia-Pacific Therapeutic Laser System Market by Product
9.3.5.6.2 Rest of Asia-Pacific Therapeutic Laser System Market by End users
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Therapeutic Laser System Market Overview
9.4.2 Middle East and Africa Therapeutic Laser System Market Forecasts and Analysis
9.4.3 Middle East and Africa Therapeutic Laser System Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Therapeutic Laser System Market Forecasts and Analysis - By End users
9.4.5 Middle East and Africa Therapeutic Laser System Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Therapeutic Laser System Market
9.4.5.1.1 South Africa Therapeutic Laser System Market by Product
9.4.5.1.2 South Africa Therapeutic Laser System Market by End users
9.4.5.2 Saudi Arabia Therapeutic Laser System Market
9.4.5.2.1 Saudi Arabia Therapeutic Laser System Market by Product
9.4.5.2.2 Saudi Arabia Therapeutic Laser System Market by End users
9.4.5.3 U.A.E Therapeutic Laser System Market
9.4.5.3.1 U.A.E Therapeutic Laser System Market by Product
9.4.5.3.2 U.A.E Therapeutic Laser System Market by End users
9.4.5.4 Rest of Middle East and Africa Therapeutic Laser System Market
9.4.5.4.1 Rest of Middle East and Africa Therapeutic Laser System Market by Product
9.4.5.4.2 Rest of Middle East and Africa Therapeutic Laser System Market by End users
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Therapeutic Laser System Market Overview
9.5.2 South and Central America Therapeutic Laser System Market Forecasts and Analysis
9.5.3 South and Central America Therapeutic Laser System Market Forecasts and Analysis - By Product
9.5.4 South and Central America Therapeutic Laser System Market Forecasts and Analysis - By End users
9.5.5 South and Central America Therapeutic Laser System Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Therapeutic Laser System Market
9.5.5.1.1 Brazil Therapeutic Laser System Market by Product
9.5.5.1.2 Brazil Therapeutic Laser System Market by End users
9.5.5.2 Argentina Therapeutic Laser System Market
9.5.5.2.1 Argentina Therapeutic Laser System Market by Product
9.5.5.2.2 Argentina Therapeutic Laser System Market by End users
9.5.5.3 Rest of South and Central America Therapeutic Laser System Market
9.5.5.3.1 Rest of South and Central America Therapeutic Laser System Market by Product
9.5.5.3.2 Rest of South and Central America Therapeutic Laser System Market by End users
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL THERAPEUTIC LASER SYSTEM MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. THERAPEUTIC LASER SYSTEM MARKET, KEY COMPANY PROFILES
12.1. LUMENIS
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. FOTONA
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. TOPCON
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. CYNOSURE
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. BIOLASE
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. SPECTRANETICS
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. DORNIER MEDTECH
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. ERCHONIA
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. QUANTA SYSTEM
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. SYNERON CANDELA
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Lumenis
2. Fotona
3. Topcon
4. Cynosure
5. BioLase
6. Spectranetics
7. Dornier MedTech
8. Erchonia
9. Quanta system
10. Syneron Candela
11. Aspen Laser Systems
12. Avicenna Laser Technology
13. THERALASE Technologies
14. Medical Laser Systems
15. PHOENIX
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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