Health Care and Social Assistance

Medical Lasers Market Competitive Landscape Covers- Business Overview, Financials, Products and Strategies, Recent Developments

In 2016, the market generated a revenue of $5.1 billion, and it is predicted to attain a size of $12.1 billion by 2023, progressing at a CAGR of 13.4% during 2017–2023 (forecast period). Medical lasers use sharp, focused light to remove or treat tissues. Laser is short for light amplification by stimulated emission of radiation.

Medical Equipment Maintenance Market Segment, Market Potential, Influential Trends, And the Challenges That the Market

It generated a revenue of $16.1 billion in 2018, and it is projected to grow at an 8.7% CAGR during the forecast period (2019–2024). Market players offer corrective, preventive, operational, and predictive maintenance of medical equipment to end users to ensure safety and proper efficacy of these devices.