Global Medical Lasers Market which is valued close to $3.5 billion (2020), is growing at a CAGR from 8-12% through 2020-2025
Medical lasers use precisely focused light sources to treat or remove tissues. These are used during cosmetic surgeries, refractive eye surgeries, dental procedures, and general surgeries. Further, medical lasers are also used in radiotherapy for patient positioning. The global medical lasers market growth is driven by the increasing prevalence of ophthalmic, dermatology, and dental disorders . Demand for medical lasers is expected to grow as the prevalence of various disorders increases. Ophthalmic is one of the major segments and its growth is driven by the rising incidence of cataracts/glaucoma/age-related macular degeneration (AMD). According to the CDC statistics, ~17% of the people over 40 years of age in the U.S. suffer from cataract conditions (~21 million population). The incidence of cataracts is projected to reach 30 million by 2028 in the U.S. Further, as per the International Agency for the Prevention of Blindness, the number of people suffering from age-related macula...