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Surgical Lasers Market Size is anticipated to depict noteworthy gains between 2023 to 2032, fueled by the growing patient preference for minimally invasive surgeries. Growing awareness around the higher risks of conventional surgeries, that make use of dissecting equipment, in comparison to their minimally invasive counterparts is fostering the industry scenario.
Surgical lasers can treat soft tissue through heat and have the ability to provide a faster recovery time to patients. They are used in treating ailments such as cancer and performing reconstructive surgery owing to their ability to target specific layers of the tissue.
Rising prevalence of chronic ailments such as cancer is proliferating the demand for surgical lasers market across the globe. As per the American Cancer Society, the U.S. is on track to report around 1,95 million new cancer cases in 2023. Surgical lasers are expected to play a key role in the fight against cancer as they are commonly used to cut out tumors without harming the surrounding tissue.
Recent innovations in laser technology have also led to the development of advanced dermatologic laser systems, allowing the market to foray into the cosmetic surgery sector. Innovations such as ablative functional lasers have made it possible to treat various skin conditions in the field. In fact, laser-assisted photodynamic therapy can be used for treating non-melanoma skin cancer including field cancerization using a laser-assisted drug delivery technology.
Surgical lasers are also used in LASIK surgery, which employs a cutting laser to alter the dome-shaped clear tissue at the front of the cornea, for vision improvement. Today, nearly 90-95% of vision correction surgeries are performed using the LASIK method.
With respect to application, surgical lasers market from the dentistry segment is poised to witness remarkable growth by 2032. The periodontal applications of lasers include root decontamination, soft tissue excision, and others. The surging occurrence of periodontitis among adults in the U.S. will elevate the revenue for dental surgery lasers.
As per the American Dental Association, around 42% of dentate U.S. adults aged 30 or above suffer from periodontitis. Surgical lasers offer many benefits to patients over conventional dentistry practice, including quick recovery, low blood loss, and others. They also have hard and soft tissue applications, making them much more versatile.
Regionally speaking, the Europe surgical lasers market is poised to witness lucrative gains by 2032, fueled by the medical needs of the region’s aging population. Back in 2022, over one-fifth, or 21.1%, of the region’s population was recorded to be aged 65 years and above. The population ageing trend is giving rise to age-related diseases such as ophthalmic ailments. In fact, as per Laser Eye Surgery Hub, nearly 330,000 cataract surgeries are performed every year in England alone, presenting a sizable revenue pocket for surgical lasers.
The list of major surgical lasers market players includes Biolitec AG (BioMed Technology Holdings Ltd.), Abbott Laboratories, Cynosure, BISON MEDICAL Co., Ltd., Alma Lasers (Sisram Med), Lumenis, and Boston Scientific Corporation, among others.