Medical Lasers System - Global Market Outlook 2016-2022

Global market for Medical Lasers accounted for $4.94 billion in 2015 and is expected to grow at a CAGR of 14.8% to reach $12.98 billion by 2022. Technological advancements in laser technology have created excessive applications in the medical field. Factors such as smaller incisions, less pain and speedy recovery are boosting the technology adoption. Some of the significant factors contributing to the market growth include aging population, rising incidences of eye disorders and increasing importance of aesthetics.