The Cardiovascular Medical Lasers Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Cardiovascular Medical Lasers Global Market Report 2024, 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.
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.
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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
The cardiovascular medical lasers market report table of contents includes:
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
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26. South America Cardiovascular Medical Lasers Market
27. Brazil Cardiovascular Medical Lasers Market
28. Middle East Cardiovascular Medical Lasers Market
29. Africa Cardiovascular Medical Lasers Market
30. Cardiovascular Medical Lasers Market Competitive Landscape And Company Profiles
Top Major Players:
- Abbott Laboratories
- Medtronic PLC
- Biotronik SE & Co KG
- Cardiac Science Corporation
- Schiller AG
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