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Surgical Laser Market Expected to Reach $2.37 Billion by 2021
The global surgical laser market is expected to grow by $2.37 billion by 2021. The growth is largely being fueled by technological advancements in the field. The use of lasers in dentistry continues to expand. Laser dentistry has been shown to produce less bleeding, pain and swelling at the operation site.
Advances in laser technology are driving growth in this market sector.
A new research report has been released by Markets and Markets, forecasting the global surgical laser market to grow to $2.37 billion by 2021. The market’s compound annual growth rate (CAGR) is expected to be 5.1 percent from 2016 to 2021.
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The growth of this market, which includes laser technology used in dental practices, is being driven by technological advancements in surgical lasers, high prevalence of chronic diseases, and the public’s growing preference for minimally invasive surgeries.
One factor that might limit the growth of the surgical laser market is limited or declining rates of medical and dental reimbursement, in addition to high procedural costs associated with laser surgeries. The laser products included in the report were categorized into five segments: carbon dioxide (CO2) lasers, argon lasers, Nd:YAG lasers, diode lasers, and other surgical lasers (fiber lasers, dye lasers, etc.).
The use of lasers in dentistry is a growing trend, with many dentists already using them in practice around the country. A growing number of dentists use lasers in the treatment of periodontitis, and for other procedures like the removal of tooth decay, root canal therapies, tissue biopsies, oral lesion removals, and teeth whitening procedures.
The use of dental lasers can help to reduce pain, swelling, and bleeding at the procedure site, and they can be used by dentists to perform more precise treatments that are more comfortable for the patient. Most types of dental lasers are versatile and can be used for a variety of treatment purposes, along with other dental instruments, without first having to use anesthesia on the patient. Many patients experience reduced healing times and less oral trauma with the use of a laser compared to other, more traditional dental treatment methods.