The Global Medical Laser Market accounted for $6,947 Mn in 2018, and is anticipated to reach $16,230 Mn by 2026, registering a CAGR of 10.8% from 2019 to 2026

Feb 25, 2020 (KD Market Insights via COMTEX) -- Medical Laser Market by Product Type (Solid-State Laser Systems, Gas Laser Systems, Dye Lasers Systems, and Diode Laser Systems), Application (Ophthalmology, Dermatology, Gynecology, Dentistry, Urology, Cardiovascular, and Others), and End User (Surgical, Cosmetic, and Dental): Global Opportunity Analysis and Industry Forecast, 2019-2026

The Global Medical Laser Market is expected to grow at a CAGR of 10.8% during the forecast period 2019-2026. As per the analyst, the market was valued $6,947 million in the year 2018, and is estimated to reach $16,230 million by the end of the year 2026.

Medical lasers are devices used to remove or treat tissues with precise light focus that is tuned to very specific wavelengths that is focused into powerful beams. The global medical lasers market growth is majorly driven by increase in prevalence of eye disorders majorly among geriatric population and growth in adoption of advanced laser-based treatments among patients. Also, increase in number of cosmetic & non-invasive surgeries and aesthetics laser procedures are further boosting the market growth.

source:https://www.marketwatch.com/press-release/the-global-medical-laser-market-accounted-for-6947-mn-in-2018-and-is-anticipated-to-reach-16230-mn-by-2026-registering-a-cagr-of-108-from-2019-to-2026-2020-02-25