Medical Lasers Market Size, Key Vendors, Growth Rate, Drivers, Volume and Forecast Report

Global medical lasers market is forecasted to attain a size of more than $12 billion by 2023. Some of the key factors driving the growth of the market are increasing demand of medical lasers from cosmetic industry, rise in the aging population, growing technological advancements and increasing prevalence of chronic diseases.

Based on products offered, the medical lasers market is categorized as solid-state laser systems, gas laser systems, dye laser systems, and diode laser systems. Solid state laser systems are expected to witness fastest growth in demand, at a CAGR of 14% during the forecast period. Among different types of solid-state laser systems, Ho:YAG systems, Er:YAG systems and potassium titanyl phosphate laser systems together held more than 40% share in 2016, which is still less than the contribution of Nd:YAG systems.

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The APAC medical lasers industry is expected to witness the fastest growth in demand, at a CAGR of 15% during the forecast period, due to increasing healthcare expenditure, growing medical tourism, and increasing awareness on technologically advanced laser treatments. Emerging economies in Asia-Pacific are experiencing a significant increase in the use of cosmetic treatments driven by factors such as expanding middle class population with increasing disposable income and increasing awareness about skin treatments.

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Some of the other factors driving the APAC medical lasers market are increasing geriatric population and increasing disposable income. According to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the share of people aged 65 years and above occupies approximately 11.4% of population in 2013 and is estimated to reach approximately 20.0% of the total population by 2050, in Asia-Pacific. According to the National Institutes of Health (NIH), approximately 110 million people in China were aged 65 years and above in 2011, and the number is expected to reach 330 million by 2050.

Globally, key players in the medical lasers industry are focusing on technological advancements and acquisitions to gain a larger share in the market. For instance, in May 2016, Syneron Medical Ltd.’s PicoWay picosecond laser received the USFDA clearance for ultra-short 785nm wavelength. Similarly, in the same month, Lumenis Ltd. launched Pulse 100H, Pulse 50H and Pulse 30H holmium laser solutions, providing a range of laser systems in urology treatments.

Some of the major players in the global market include Biolase Inc., Boston Scientific Corporation, Cryolife Inc., Ellex Medical Lasers Limited., Lumenis Ltd., Photomedex, Inc., The Spectranetics Corporation, Syneron Medical Ltd., and Valeant Pharmaceutical International, Inc.

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Transdermal Drug Delivery Systems Market Explores New Growth Opportunities

Transdermal drug delivery systems market is forecasted to cross $60 billion in size by 2023, according to P&S Market Research.

the growth in the market is expected to be driven by the surge in geriatric population, rise in number of patients suffering from neurovascular disorders and high prevalence of various chronic diseases, across the globe.
Transdermal drug delivery systems are used for various applications such as analgesics, hormone replacement therapy, hypertension, cardiovascular disorders, motion sickness, smoking cessation and others. The hormone replacement therapy category is expected to grow at a CAGR of 10% during the forecast period, since these delivery systems are effective and an easiest way of preventing and managing post-menopausal symptoms.



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The use of the transdermal patches is the highest in North America, owing to heavy expenditure by the government on healthcare and supportive reimbursement policies and is further followed by the Europe and APAC, respectively. The market for transdermal drug delivery systems is expected to observe the fastest growth on demand during the forecast period in APAC. This growth in the region is attributable to the improvement in healthcare infrastructures and rise in the healthcare expenditures in developing countries such as China and India, to cater to the unmet medical needs. Further, technological advancements to develop cost-effective technologies in these nations offer a lucrative opportunity for the market growth.

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Some of the other key players operating in the transdermal drug delivery systems industry include Acrux Limited, Bayer AG, Boehringer Ingelheim Gmbh, Bristol-Myers Squibb Company, Echo Therapeutics, Inc., Endo Pharmaceuticals Inc., Glaxosmithkline Plc, Johnson & Johnson, Mylan N.V. And Novartis Ag.


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P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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Medical Equipment Maintenance Market Top Manufactures and Application in Grooming Regions

Global medical equipment maintenance market is forecasted to achieve a value of $27.5 billion by 2023.
The market growth will be driven by various factors such as growing medical device industry and healthcare expenditure, rising awareness for preventive maintenance, and regulatory requirement for medical equipment maintenance.

Imaging equipment, endoscopic devices, surgical instruments, electromedical equipment, and other medical equipment are the various types of devices for which maintenance services are being adopted by hospitals and other end users. As per the findings of the research, imaging equipment held the largest medical equipment maintenance market share in 2016, since these are costly and are used for the diagnosis of a large number of diseases. The medical equipment maintenance services include preventive maintenance, corrective maintenance, and operational maintenance services. Preventive maintenance is expected to be the fastest growing service type, as corrective maintenance is costlier than preventive maintenance and due to the tendency of medical device users to avoid this cost.

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Owing to the better service quality of OEMs, they are expected to garner a higher growth in the medical equipment maintenance market, during the forecast period, than ISOs, and in-house maintenance. Private-sector organizations are expected to register a faster growth during the forecast period than public-sector organizations, on account of growing private-sector healthcare industry and increasing expenditure on healthcare infrastructure including instalment and maintenance of medical equipment.

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Geographically, North America is the largest medical equipment maintenance market, with the U.S. being the larger contributor to the regional market, as compared to Canada. The leading position of the North American market is mainly attributable to factors such as presence of many companies providing medical equipment maintenance services, large and growing medical devices industry, and high healthcare expenditure in the region. Presence of various regulatory authorities that have stipulated strict regulations to comply with for hospitals and other healthcare facilities also supports the growth in demand for these services in the North American medical equipment maintenance market.

Some of the other key players operating in the medical equipment maintenance market include General Electric Company, B. Braun Melsungen AG, Koninklijke Philips N.V., Fujifilm Holdings Corporation, Canon Inc., Aramark Corporation, TBS Group S.p.A., Hitachi Ltd., Agfa Gevaert, and Drägerwerk AG & Co. KGAA.


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P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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Intraoral Scanners Market Comprehensive Review of its Applications, Growth Opportunities

Intraoral scanners market is forecasted to attain a size of $442.3 million by 2023.The growth in the intraoral scanners market will be led by increasing prevalence of dental problems, growing geriatric population, and improving accuracy and workflow of intraoral scanners.



The end users in intraoral scanners market include hospitals and dental clinics. The demand for intraoral scanners in dental clinics is expected to witness fastest growth, at a CAGR of 10.5% during the forecast period, attributable to the increase in number of dental clinics as well as dentists doing private practice, globally.

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Globally, key players in the intraoral scanners industry are developing and launching products that are equipped with latest advanced technology and offer various benefits such as enhanced functionality and portability to gain a larger market share. For instance, in March 2017, 3Shape A/S launched the TRIOS 3 Wireless – a wireless version of its TRIOS intraoral scanner. The 3Shape TRIOS 3 Wireless could connect cordlessly to laptops and the TRIOS cart and has three rechargeable batteries.

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Some of the other key players operating in the intraoral scanners market include Dentsply Sirona Inc., Align Technology Inc., Carestream Health Inc., 3DISC, Densys3D Ltd., The Straumann Group, Planmeca Oy, and Guangdong Launca Medical Device Technology Co. Ltd.

About P&S Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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