Global Cardiovascular Medical Lasers Market Opportunities 2024, Forecast To 2033
9 Jan, 2024
Exhibiting exponential growth, the cardiovascular medical lasers market is set to rise from $0.21 billion in 2023 to $0.31 billion in 2024, showcasing a CAGR of 46.4%. Historical growth results from demand for minimally invasive procedures and rising prevalence of cardiovascular diseases. Future growth, projected at $1.25 billion in 2028, will be driven by advanced robotics, aging populations, and personalized cardiovascular care.
Global Cardiovascular Medical Lasers Market Key Driver
The cardiovascular medical laser market is anticipated to grow due to the escalating prevalence of cardiovascular diseases. This surge is linked to factors like increased smoking, sedentary lifestyles, and poor dietary habits. In 2021, coronary artery disease (CAD) claimed 375,476 lives, with 1 in 20 adults aged 20 and above affected. Notably, 2 in 10 CAD deaths occurred in adults under 65. Consequently, the expanding cardiovascular disease prevalence is projected to boost the cardiovascular medical lasers market.
Get A Free Sample Of The Global Cardiovascular Medical Lasers Market ReportGlobal Cardiovascular Medical Lasers Market Segments
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
By Geography: 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. Among these regions
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.
Major Cardiovascular Medical Lasers Industry Players
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.
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Cardiovascular Medical Lasers Market Overview
Cardiovascular medical lasers are used in the treatment of medical conditions related to the heart. These lasers are commonly used during transmyocardial laser revascularization.
Cardiovascular Medical Lasers Global Market Report 2023 provides data on the global cardiovascular medical lasers market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The cardiovascular medical lasers market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.