The Size of the Latin America Surgical Lasers Market is valued at USD 0.24 billion in 2022 and is expected to reach USD 0.32 billion by 2028, increasing at a CAGR of 6.04 % during the forecast period 2023 to 2028.
Lasers are useful in treating the very early stages of some cancers, including penile cancer, cervical cancer, non-small cell lung cancer, vulvar cancer, basal cell skin cancer, vaginal cancer.
The main drivers of Surgical Lasers include Advancements of technology in surgical lasers, a rise in the prevalence of chronic diseases, high preference for low invasive surgeries and, an increase in the prevalence of ophthalmic disorders. However, an increase in procedural costs of surgeries with laser and low medical reimbursements is predicted to restrain the optimal growth of the surgical lasers market in next years.
Latin America Surgical Lasers Market has been segmented and sub-segmented into the following categories
On the basis of product, the highest CAGR is predicted for Carbon dioxide (CO2) because of its high availability of Surgical Lasers based on CO2 and advancements in the technology of cosmetic laser treatment.
On the basis of procedure type, Laparoscopic surgeries are predicted to dominate the market be due to its procedural benefits, an increase in the awareness among patients and High demand for its less-invasive disease therapies.
On the basis of application, the fastest increasing market among these segments is Urology. An increase in this segment is due to an increase in the prevalence of disorders in urological such as renal cancer, kidney stones, and prostate enlargement.
Noteworthy Companies dominating the Latin America Surgical Lasers Market Profiled in the Report are Lumenis (Israel), Alma Lasers (Israel), Cynosure, IPG Photonics Corporation (U.S.), Inc. (U.S.), Boston Scientific Corporation (U.S.), Abbott Laboratories, Spectranetics Corporation (U.S.), Fotona d.o.o. (Slovenia), Biolitec AG (Austria) and BISON MEDICAL Co., Ltd. (South Korea)
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