Canada Surgical Laser Market Size & Outlook, 2023-2030
Canada surgical laser market, 2018-2030 (US$M)
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Canada surgical laser market highlights
- The Canada surgical laser market generated a revenue of USD 543.4 million in 2023 and is expected to reach USD 1,115.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
- In terms of segment, solid-state laser systems was the largest revenue generating product in 2023.
- Diode Laser Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Surgical laser market data book summary
| Market revenue in 2023 | USD 543.4 million |
| Market revenue in 2030 | USD 1,115.2 million |
| Growth rate | 10.8% (CAGR from 2023 to 2030) |
| Largest segment | Solid-state laser systems |
| Fastest growing segment | Diode Laser Systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solid-state Laser Systems, Gas Laser Systems, Diode Laser Systems |
| Key market players worldwide | Cutera Inc, El.En. SpA Shs after split, Alcon Inc, Biolase Inc, Candela Invest, Cynosure Inc, Lumenis, LUTRONIC, Fotona, Asclepion Laser Technologies |
Other key industry trends
- In terms of revenue, Canada accounted for 7.3% of the global surgical laser market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. surgical laser market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 6,095.8 million by 2030.
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Surgical Laser Market Scope
Surgical Laser Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada surgical laser market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to surgical laser market will help companies and investors design strategic landscapes.
Solid-state laser systems was the largest segment with a revenue share of 37.54% in 2023. Horizon Databook has segmented the Canada surgical laser market based on solid-state laser systems, gas laser systems, diode laser systems covering the revenue growth of each sub-segment from 2018 to 2030.
Canada accounts for a minor share in surgical lasers market owing to smaller population and restricted healthcare spending. Geriatric population is highly susceptible to chronic diseases, such as cardiovascular diseases and gastrointestinal diseases.
According to Statistics Canada, around 5,780,900 people in Canada were estimated to be aged 65 and older in 2015. This is expected to boost adoption of surgical lasers and provide tremendous opportunities for new market entrants in this country.
Increase in organic and non-organic growth strategies such as product development & strategic partnerships by major players is anticipated to significantly support growth of Canada surgical lasers market during the forecast period.
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Target buyers of Canada surgical laser market databook
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Our clientele includes a mix of surgical laser market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada surgical laser market , including forecasts for subscribers. This country databook contains high-level insights into Canada surgical laser market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada surgical laser market size, by product, 2018-2030 (US$M)
Canada Surgical Laser Market Outlook Share, 2023 & 2030 (US$M)
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