Cardiovascular Medical Lasers Market Size and Forecast 2024-2033| Boston Scientific Corporation, Cardiovascular Systems Inc., AngioDynamics Inc., Koninklijke Philips N.V., RA Medical Systems Inc

Overview and Scope

Cardiovascular medical lasers are used in the treatment of medical conditions related to the heart. These lasers are commonly used during transmyocardial laser revascularization.

Sizing and Forecast

The cardiovascular medical lasers market size has grown exponentially in recent years. It will grow from $0.21 billion in 2023 to $0.31 billion in 2024 at a compound annual growth rate (CAGR) of 46.4%. The growth in the historic period can be attributed to growing demand for minimally invasive cardiovascular procedures, rising prevalence of cardiovascular diseases, rising disposable incomes, growing adoption of telemedicine in cardiology,

The cardiovascular medical lasers market size is expected to see exponential growth in the next few years. It will grow to $1.25 billion in 2028 at a compound annual growth rate (CAGR) of 41.5%. The growth in the forecast period can be attributed to advanced robotics, cardiovascular research, aging population, personalized cardiovascular care, expansion of interventional cardiology. Major trends in the forecast period include advanced laser fiber technology, ai-powered telehealth, smart laser systems, laser-induced regeneration, sustainable laser technologies, integration of advanced imaging.

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Segmentation & Regional Insights

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

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.

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Major Driver Impacting Market Growth

The rising prevalence of cardiovascular diseases is expected to drive the cardiovascular medical laser market. The increased prevalence of cardiovascular diseases can be attributed to the increase in smoking, physical inactivity, and an unhealthy diet. For instance, in May 2023, according to the Centers for Disease Control and Prevention, a US-based public agency, coronary artery disease (CAD) was responsible for killing 375,476 people in 2021, and about 1 in 20 adults age 20 and older had CAD. In addition, about 2 in 10 deaths from CAD happen to adults less than 65 years old. Therefore, the increasing prevalence of cardiovascular diseases is expected to drive the growth of the cardiovascular medical lasers market.

Key Industry Players

Major companies operating in the cardiovascular medical lasers market include 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.

The cardiovascular medical lasers market report table of contents includes:

1. Executive Summary

2. Cardiovascular Medical Lasers Market Characteristics

3. Cardiovascular Medical Lasers Market Trends And Strategies

4. Cardiovascular Medical Lasers Market – Macro Economic Scenario

5. Global Cardiovascular Medical Lasers Market Size and Growth

26. South America Cardiovascular Medical Lasers Market

27. Brazil Cardiovascular Medical Lasers Market

28. Middle East Cardiovascular Medical Lasers Market

29. Africa Cardiovascular Medical Lasers Market

30. Cardiovascular Medical Lasers Market Competitive Landscape And Company Profiles

Top Major Players: