Medical - Laser Marking Machine Market, 2020 - 2027
The global medical laser marking machine market size was valued at US$ 313.0 million in 2020 and is estimated to grow at a compound annual growth rate (CAGR) of 8.6% from 2020 to 2027.
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Medical - Laser marking machine market highlights
- The global medical segment generated a revenue of USD 313.0 million in 2020 and is expected to reach USD 558.2 million by 2027.
- The market is expected to grow at a CAGR (2021 - 2027) of 8.8% by 2027.
- In terms of region, Asia Pacific was the largest revenue generating market in 2020.
- Country-wise, Canada is expected to register the highest CAGR from 2021 to 2027.
Market summary
| Market revenue in 2020 | USD 313.0 million |
| Market revenue in 2027 | USD 558.2 million |
| Growth rate | 8.8% (CAGR from 2021 to 2027) |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
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Laser Marking Machine Market Scope
Laser marking machine market segmentation & scope
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