China Urology Lasers Market Size & Outlook, 2023-2030
China urology lasers market, 2018-2030 (US$M)
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China urology lasers market highlights
- The China urology lasers market generated a revenue of USD 61.5 million in 2023 and is expected to reach USD 98.4 million by 2030.
- The China market is expected to grow at a CAGR of 6.9% 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 61.5 million |
| Market revenue in 2030 | USD 98.4 million |
| Growth rate | 6.9% (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, China accounted for 5.6% 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 |
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China 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 29.92% in 2023. Horizon Databook has segmented the China 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.
One of the key drivers propelling the market throughout the projection period is China’s favorable healthcare policies. The China healthcare system guarantees that every citizen has access to care at all times, regardless of where they are in the nation.
These policies led to the government modernizing facilities across the country and delivering advanced medical care. The proposed overhaul of the social security system and the enhanced specialization of hospitals are a couple of major improvements.
These elements are anticipated to motivate many new and important players to enter the Chinese industry, consequently boosting market expansion. The majority of patients with benign prostatic hyperplasia are seniors, and as the geriatric population expands, the burden of diseases rises as well, driving the demand for laser treatment in this market.
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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 China urology lasers market , including forecasts for subscribers. This country databook contains high-level insights into China urology lasers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China urology lasers market size, by laser type, 2018-2030 (US$M)
China Urology Lasers Market Outlook Share, 2023 & 2030 (US$M)
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