Canada Urology Lasers Market Size & Outlook, 2023-2030
Canada urology lasers market, 2018-2030 (US$M)
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Canada urology lasers market highlights
- The Canada urology lasers market generated a revenue of USD 63.0 million in 2023 and is expected to reach USD 93.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.7% 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 63.0 million |
| Market revenue in 2030 | USD 93.0 million |
| Growth rate | 5.7% (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, Canada accounted for 5.7% 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 North America, U.S. urology lasers market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 93.0 million by 2030.
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Urology Lasers Market Scope
Urology Lasers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 29.21% in 2023. Horizon Databook has segmented the Canada 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.
Canada's urology laser industry is crowded with international and regional firms competing for market share. These businesses provide a selection of urology laser equipment and systems used in a variety of urological operations. Boston Scientific Corporation, Lumenis, Olympus Corporation, Cook Medical, Dornier MedTech, and Medtronic are some of the major companies in the urology laser market.
The aforementioned companies compete on a variety of fronts, including product attributes, technology developments, clinical outcomes, pricing, customer service, and connections to healthcare providers. They frequently make investments in R&D to enhance their goods and stay on the development of urology laser technology.
For instance, in June 2020, Olympus Corporation launched urology-specific Soltive SuperPulsed Thulium Fibre Laser System. A new use of thulium fiber laser technology called the Soltive SuperPulsed Laser System (Soltive Laser System) was developed for soft tissue and stone lithotripsy applications.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada urology lasers market , including forecasts for subscribers. This country databook contains high-level insights into Canada urology lasers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada urology lasers market size, by laser type, 2018-2030 (US$M)
Canada Urology Lasers Market Outlook Share, 2023 & 2030 (US$M)
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