The cardiovascular medical lasers global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Cardiovascular Medical Lasers Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The cardiovascular medical lasers market size has grown exponentially in recent years. It will grow from $0.21 billion in 2023 to $0.31 billion in 2024 at a compound annual growth rate (CAGR) of 46.4%. The growth in the historic period can be attributed to growing demand for minimally invasive cardiovascular procedures, rising prevalence of cardiovascular diseases, rising disposable incomes, growing adoption of telemedicine in cardiology, .
The cardiovascular medical lasers market size is expected to see exponential growth in the next few years. It will grow to $1.25 billion in 2028 at a compound annual growth rate (CAGR) of 41.5%. The growth in the forecast period can be attributed to advanced robotics, cardiovascular research, aging population, personalized cardiovascular care, expansion of interventional cardiology. Major trends in the forecast period include advanced laser fiber technology, ai-powered telehealth, smart laser systems, laser-induced regeneration, sustainable laser technologies, integration of advanced imaging.
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Scope Of Cardiovascular Medical Lasers Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Cardiovascular Medical Lasers Market Overview
Market Drivers –
The rising prevalence of cardiovascular diseases is expected to drive the cardiovascular medical laser market. The increased prevalence of cardiovascular diseases can be attributed to the increase in smoking, physical inactivity, and an unhealthy diet. For instance, in May 2023, according to the Centers for Disease Control and Prevention, a US-based public agency, coronary artery disease (CAD) was responsible for killing 375,476 people in 2021, and about 1 in 20 adults age 20 and older had CAD. In addition, about 2 in 10 deaths from CAD happen to adults less than 65 years old. Therefore, the increasing prevalence of cardiovascular diseases is expected to drive the growth of the cardiovascular medical lasers market.
The cardiovascular medical lasers market covered in this report is segmented –
1) By Type: Excimer Laser, Carbon Dioxide Laser
2) By Application: Laser Vascular Anastomosis, Transmyocardial Laser Revascularization, Laser Angioplasty For Peripheral Arterial Diseases
3) By End Use: Hospitals, Specialty Clinics, Ambulatory Surgery Centers
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Regional Insights –
North America was the largest region in the cardiovascular medical lasers market in 2023. Asia-Pacific was the second-largest region in the global cardiovascular medical lasers market report. The regions covered in the cardiovascular medical lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Key Companies –
Major companies operating in the cardiovascular medical lasers market include Boston Scientific Corporation, Cardiovascular Systems Inc., AngioDynamics Inc., Koninklijke Philips N.V., RA Medical Systems Inc., Abbott Laboratories Inc., Alma Lasers Inc., B. Braun Melsungen AG, Bausch + Lomb Incorporated, Biolase Inc., Candela Medical Corporation, Cutera Inc., DEKA Research & Development Corporation, Edwards Lifesciences Corporation, EUFOTON S.P.A., Fotona d.d., Gigaa Laser Group, IRIDEX Corporation, Lumenis Ltd., Medtronic Inc., Novartis AG, PhotoMedex Inc., Quanta System S.p.A, Sciton Inc., Stryker Corporation, Terumo Corporation, TransEnterix Inc., Vascular Solutions Inc., Zimmer Biomet Holdings Inc.
Table of Contents
1. Executive Summary
2. Cardiovascular Medical Lasers Market Characteristics
3. Cardiovascular Medical Lasers Market Trends And Strategies
4. Cardiovascular Medical Lasers Market – Macro Economic Scenario
5. Global Cardiovascular Medical Lasers Market Size and Growth
…
31. Global Cardiovascular Medical Lasers Market Competitive Benchmarking
32. Global Cardiovascular Medical Lasers Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Cardiovascular Medical Lasers Market
34. Cardiovascular Medical Lasers Market Future Outlook and Potential Analysis
35. Appendix
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