Europe Laser Therapy Market

Market Introduction

Laser therapy is a non-invasive medical procedure, which uses light of a specific wavelength in order to treat various diseases. This procedure is used to remove tumors or abnormal growth, hair treatment, removal of kidney stones, and repair of a detached retina among others. Laser therapy is considered as an advanced aspect of medical therapeutics. In medicine, laser allows surgeons to work at high precision level by focusing on definite area. This process creates less damage as compared to the traditional methods of surgery. The process of laser therapy is however costly and may require repetitive visits to the surgeon.

Europe Laser Therapy Strategic Insights

Strategic insights for the Europe Laser Therapy provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Laser Therapy Report Scope

Europe Laser Therapy Regional Insights

The geographic scope of the Europe Laser Therapy refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The European laser therapy market is expected to reach US$ 1,067.56 million in 2027 from US$ 523.92 million in 2019. The market is estimated to grow with a CAGR of 9.4% from 2020-2027. The market is expected to witness a substantial growth due to driving factors such as rising medical applications of laser therapy and launch of new products in the market. However, the high costs associated with the laser therapy and devices are expected to hinder the market growth.

Key Market Segments

Based on type, in 2019, the diode segment held the largest share of the market and is expected to grow at the fastest CAGR during the forecast period. This segment is likely to witness a lucrative growth owing to its rapid adoption in photodynamic treatments and aesthetic procedures. Additionally, the use of diode laser for conditions such as incision, hemostasis, and coagulation are effectively carried out. Moreover, the implementation of diode laser takes place with minimal swelling, scarring, and postsurgical pain, which is the major factor propelling the demand for diode laser in the market.

Major Sources and Companies Listed

Some of the major primary and secondary sources for laser therapy market included in the report are, World Health Organization (WHO), National Health Service (NHS), British Heart Association (BHA), European Commission (EC), and others

Reasons to buy the report

• To understand the laser therapy market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for laser therapy market
• Efficiently plan M&A and partnership deals in laser therapy market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form laser therapy market
• Obtain market revenue forecast for market by various segments from 2019 to 2027 in Europe region.

EUROPE LASER THERAPY MARKET SEGMENTATION

By Type

• Solid
• Liquid
• Gas
• Diode

By Application

• Dermatology and Aesthetics
• Dental
• Ophthalmology
• Urology
• Cardiovascular
• Oncology
• Other Applications

By End User

• Specialized Clinics
• Hospitals
• Ambulatory Clinics
• Others

By Geography

•             Europe

• Germany
• UK
• France
• Italy
• Spain

Company Profiles

• biolitec Group
• BTL
• Meditech International, Inc. (BIOFLEX Laser Therapy)
• Boston Scientific Corporation
• Baring Private Equity Asia Ltd (Lumenis)