The North America medical laser systems market is projected to grow from US$ 919.72 million in 2021 to US$ 2,257.13 million by 2028, registering a robust CAGR of 13.7% during this period.
Countries like the US and Canada are seeing significant modernization in healthcare infrastructure and service delivery, leading to improved life expectancy and a growing geriatric population. According to the US Census Bureau, the number of Americans aged 65 and above is expected to more than double—from 46 million in 2016 to over 98 million by 2060. Their share of the total population is set to rise from approximately 15% to nearly 24%.
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This demographic shift is driving a surge in age-related health issues, particularly ophthalmic diseases. Conditions such as age-related macular degeneration, glaucoma, retinal detachment, cataracts, and diabetic retinopathy are increasingly common among older adults. For instance, diabetic retinopathy frequently emerges in the early stages of diabetes, with regular eye examinations recommended starting from diagnosis. According to the American Academy of Ophthalmology, around 24.4 million people under 40 undergo cataract surgery, and nearly half of all Americans have this surgery by age 75. Glaucoma now affects more than 2.7 million Americans over 40, while age-related macular degeneration impacts over 2.1 million Americans above 50—a figure that rises steeply to 10 million by age 80.
The rising prevalence of these conditions is fueling demand for advanced treatment options. Technologies such as femtosecond lasers, though requiring substantial upfront investment, are gaining traction due to their ability to significantly improve patient outcomes, particularly in cataract surgeries. These factors are collectively propelling the growth of the medical laser systems market across North America.
Strategic insights for the North American Medical Laser Systems market provide a comprehensive, data-driven analysis of the industry’s current landscape, highlighting key trends, major players, and regional factors. These insights offer actionable recommendations that enable stakeholders—whether investors, manufacturers, or other players—to differentiate themselves from competitors. By identifying untapped opportunities and crafting unique value propositions, industry participants can stay ahead of the curve. Leveraging data analytics, these insights also help stakeholders anticipate market shifts, positioning them for long-term success in this rapidly evolving market. A forward-thinking approach is crucial, as it allows businesses to make informed decisions that drive profitability and achieve their objectives in the North American Medical Laser Systems market.
Market leaders and key company profiles
Alcon Inc
Artivion, Inc.
Bausch Health Companies Inc.
BIOLASE, Inc.
Boston Scientific Corporation
Candela Medical
Ellex
Iridex Corporation
Koninklijke Philips N.V.
Lumenis Be Ltd.
North America Medical Laser Systems Regional Insights
The geographic scope of the North America Medical Laser Systems 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.
North America Medical Laser Systems Market Segmentation
The North America medical laser systems market is segmented based on product type, application, end user, and country. Based on product type,the market has been segmented into diode lasers, solid state lasers, gas lasers, fiber lasers and dye lasers. In 2020, the solid state lasers segment held the largest share of the market. The solid state lasers segment is subsegmented into holmium yttrium aluminum garnet (Ho:Yag) lasers, erbium yttrium aluminum garnet (Er:Yag) lasers, neodynium yttrium aluminum garnet (Nd:Yag) lasers, thulium:yttrium-aluminum-garnet laser (Tm:YAG), potassium titanyl phosphate (KTP), alexandrite lasers, and ruby lasers. In 2020, the erbium yttrium aluminum garnet (Er:Yag) lasers segment held the largest share. Based on gas lasers, the market is subsegmented into CO2 laser, argon laser, krypton laser, metal vapor laser, helium neon laser, and excimer laser. In 2020, the CO2 laser segment held the largest share. Based on fiber lasers, the market is subsegmented into thulium fiber lasers, erbium fiber lasers, and ytterbium fiber lasers. In 2020, the thulium fiber lasers segment held the largest share. Based on application, the market has been segmented into dermatology, ophthalmology, gynecology, dentistry, cardiology, urology, and others. In 2020, the dermatology segment held the largest market share. Based on end user, the market is segmented into hospitals, specialty clinics, ambulatory surgery centers, and others. In 2020, the specialty clinics segment held the largest market share. Similarly, based on country, the market is segmented into the US, Canada, and Mexico. The US contributed a substantial share in 2020.
Alcon Inc; Artivion, Inc.; Bausch Health Companies Inc.; BIOLASE, Inc.; Boston Scientific Corporation; Candela Medical; Ellex; Iridex Corporation; Koninklijke Philips N.V.; and Lumenis Be Ltd. are among the leading companies operating in the North America medical laser systems market.
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