DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "World Medical Laser Systems Market - Opportunities and Forecasts, 2014 - 2022" report to their offering.
Medical Laser Systems are devices used to generate a monochromatic beam of light which contains a specific wavelength and is strong and highly concentrated. These systems are used in a broad range of applications in the medical field such as diagnosis, therapy and cosmetic procedures. This report contains estimations of this market for the forecasted period 2013-2020. The key objective of the report is to identify the applications and technologies of medical laser systems and to determine its commercial potential. Drivers, restraints, recent developments and future opportunities which will shape the medical laser system market in the future are also taken into account.
Rising incidences of eye disorders related to the growing aging population is one of the key drivers of this market. Moreover, rising number of patients using advanced laser-based treatments around the world and increasing importance of aesthetics are other factors contributing to the growth of global medical laser systems market. Furthermore, stringent safety regulations and high rate of failure are the restraints of this market. Increased disposable incomes and demand for laser treatment in emerging economies will serve as opportunities for the future growth of the medical laser system market.
The medical laser system market is segmented according to geography into North America, Europe, Asia Pacific and LAMEA. North America held the dominant market share in 2011, due to the rising incidences of chronic diseases such as obesity and diabetes. Furthermore, a growth opportunity due to the unmet need for medical treatment in developing countries such as China and India ensures that Asia-Pacific is the fastest growing market.
Key Companies Mentioned:
- Lumenis Ltd.
- IRIDEX Corp.
- Spectranetics Corporation
- Alcon Laboratories
- Cardiogenesis Corporation
- Biolase Inc
- American Medical Systems
- Bausch & Lomb Holdings
For more information about this report visit http://www.researchandmarkets.com/research/7jp48f/world_medical