India Urology Lasers Market Size & Outlook, 2023-2030
India urology lasers market, 2018-2030 (US$M)
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India urology lasers market highlights
- The India urology lasers market generated a revenue of USD 28.7 million in 2023 and is expected to reach USD 45.6 million by 2030.
- The India market is expected to grow at a CAGR of 6.8% 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 28.7 million |
| Market revenue in 2030 | USD 45.6 million |
| Growth rate | 6.8% (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, India accounted for 2.6% 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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India 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 30.31% in 2023. Horizon Databook has segmented the India 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 growing prevalence of urological illnesses and the demand for novel treatment options in India have contributed to the market growth of urology lasers as a prominent sector of the medical device industry. With numerous major firms operating in the region, the industry is quite competitive.
Moreover, the industry players based in India are involved in expanding the MedTech portfolio for advancing the wound care, urology surgeries, and arthroscopy. Such advancements are also projected to spur the urology laser market.
For instance, in January 2022, surgical, postsurgical, and chronic care products were the main emphasis of Healthium MedTech Limited, a multinational medical technology company. The company's mission statement was “Access to precision medtech for every patient, globally.” With four primary focus areas—advanced surgery, wound treatment, urology, and orthopedic surgery—the company operates across three important markets: India, the United Kingdom, and the Rest of the World.
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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 India urology lasers market , including forecasts for subscribers. This country databook contains high-level insights into India urology lasers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India urology lasers market size, by laser type, 2018-2030 (US$M)
India Urology Lasers Market Outlook Share, 2023 & 2030 (US$M)
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