Surgical Lasers Market rising Opportunities and Strategies with Forecast and Trends

 

Surgical Lasers

Surgical lasers, rather than surgical implements like a knife, employ specific light beams to execute surgical procedures. During surgery, many types of lasers are employed, each with its own set of purposes. Laser light can be administered constantly or intermittently, and it can be used with fibre optics to treat hard-to-reach parts of the body. Laser surgery is less intrusive and has the benefit of lowering infection risk and promoting rapid recovery.

The global Surgical Lasers Market size was valued at US$ 1.4 billion in 2017 and is expected to witness a CAGR of 5.4% over the forecast period (2018 – 2026). To cure cancer and other disorders, laser treatment employs high-intensity light. These can be used to decrease or kill tumours or precancerous growths, as well as to treat superficial malignancies like basal cell skin cancer and the early stages of cancers including cervical, penile, vaginal, vulvar, and non-small cell lung cancer. The most common lasers used to treat cancer are carbon dioxide (CO2) lasers, argon lasers, and neodymium: yttrium-aluminum-garnet (Nd:YAG) lasers.

The sizes and growth rates of the market and its subsegments were calculated using a combination of bottom-up and top-down methodologies. Secondary sources were used to calculate percentage shares, splits, and breakdowns, which were then validated using primary sources. All conceivable market aspects have been accounted for, inspected in great depth, validated through primary research, and analysed to provide the final quantitative and qualitative data in this research study.

To calculate the percentage shares of each product in emerging countries, primary interviews with important opinion leaders were conducted. For all subsegments, the research gives qualitative insights into growth rates and market drivers. It plots market sizes and growth rates for each subsegment and finds segments in each geographic region that are primed for significant expansion.

Ophthalmic lasers, for example, are used to treat a wide range of eye diseases. The demand for ophthalmic lasers has risen due to its high precision, low cost, safe process, and convenience. Patients choose ophthalmic laser therapy because it is painless and may be done as an outpatient surgery. According to the Centers for Disease Control and Prevention, over 20.5 million persons in the United States suffered from cataracts in 2015, the majority of whom were over the age of 40. As a result, the surgical lasers market is likely to grow throughout the forecast period, owing to the rising prevalence of cataracts and the benefits of laser surgery.

Surgical Laser Market Restraints-

Surgical Laser Market growth is likely to be hampered by factors such as surgeons' specialised training, tight safety precautions, and the high cost of laser therapy throughout the forecast period. Furthermore, the benefits of laser therapy may not persist as long in other circumstances, such as cancer, so doctors may need to repeat the procedure to achieve better outcomes.

Surgical lasers are classified as medical equipment, thus they must adhere to medical device rules as well. Medical devices sold in the United States are governed by the Federal Food, Drug, and Cosmetic Act (FD&C Act) and regulations included in Title 21 of the Code of Federal Regulations (21 CFR) Parts 1-58, 800-1299. Medical equipment that generate radiation are also subject to the 21CFR Parts 1000-1050 restrictions for radiation-emitting electronic items. Manufacturers of surgical lasers must adhere to these strict guidelines in order to get their device on the market.