Australia Urology Lasers Market Size & Outlook, 2023-2030
Australia urology lasers market, 2018-2030 (US$M)
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Australia urology lasers market highlights
- The Australia urology lasers market generated a revenue of USD 22.3 million in 2023 and is expected to reach USD 34.7 million by 2030.
- The Australia market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, holmium laser system was the largest revenue generating laser type in 2023.
- Other Thulium Laser System is the most lucrative laser type segment registering the fastest growth during the forecast period.
Urology lasers market data book summary
| Market revenue in 2023 | USD 22.3 million |
| Market revenue in 2030 | USD 34.7 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Holmium laser system |
| Fastest growing segment | Other Thulium Laser System |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Holmium Laser System, Diode Laser System, Other Thulium Laser System, Laser Type |
| Key market players worldwide | Olympus Corp, Boston Scientific Corp, Lumenis, Cook Medical, Becton Dickinson & Co, OmniGuide, Allengers Group |
Other key industry trends
- In terms of revenue, Australia accounted for 2.0% of the global urology lasers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China urology lasers market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 90.1 million by 2030.
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Urology Lasers Market Scope
Urology Lasers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia urology lasers 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 urology lasers market will help companies and investors design strategic landscapes.
Holmium laser system was the largest segment with a revenue share of 30.04% in 2023. Horizon Databook has segmented the Australia urology lasers market based on holmium laser system, diode laser system, other thulium laser system, laser type covering the revenue growth of each sub-segment from 2018 to 2030.
The market for medical applications, particularly urology laser devices, is expected to increase due to continued advancements in medical technology, rising burden of chronic diseases, aging population, rising income, and changing consumer expectations.
Ranking sixth among OECD countries, Australians enjoy one of the highest life expectancies in the world. The need for therapies to control bladder problems is anticipated to increase as government organizations and market participants in the country increase their investments in this area.
To provide technologically improved offerings, numerous businesses are introducing unique products and working with manufacturers. In addition, a number of novel laser procedures are being researched to enhance patient results.
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Our clientele includes a mix of urology lasers market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia urology lasers market , including forecasts for subscribers. This country databook contains high-level insights into Australia urology lasers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia urology lasers market size, by laser type, 2018-2030 (US$M)
Australia Urology Lasers Market Outlook Share, 2023 & 2030 (US$M)
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