Since the first laser was invented about 60 years ago, laser technologies have grown rapidly. Scientists continually emphasize on the creation of laser concepts, resulting to lasers being adopted by many industries. Developments in this technology have in the past decades revolutionized the healthcare system. Specialized clinics and hospitals around the world are using lasers to treat cancer, combat dermatological problems, and in dentistry ophthalmology and cardiovascular treatment.
As the adoption of lasers by industries continue to grow, manufacturing companies like The Laser Trader aren’t also left behind. They’re continually looking for ways to improve the available technology and make them better.
Recent Advancements Within The Laser Fields
Though the scientific concept of light is still the same, innovative and technological laser concepts have rapidly matured, leading to the rise of various types of lasers. Some recent advancements within this field include the full silicon laser, holmium-doped laser, and flying microlaser.
Research shows that the global medical laser market is growing, and may reach $8.5 billion by the close of 2030. The surge in research and photonics advancements are also playing a major role in medical lasers’ growth adoption.
Raising Demand For Solid State Lasers
Over the past decades, research institutes and the medical sector have extensively explores the potential advantages of new laser technologies in the medical industry. The invention of photonics particularly, is responsible for the creation of new lasers. Among the various types of lasers, fiber lasers which are variants of the solid state laser have considerably become popular. Industries have adopted fiber lasers because of their waveguide structure characteristics.
Fiber lasers are currently used for cancer therapy, ophthalmology, cardiovascular treatment, dentistry, and cosmetic procedures. Various regions of the world including Europe, Latin America, Northern America, Asia Pacific, Middle East, and Africa, have adopted it in their medical systems.
The ever growing demand for non-invasive and painless medical procedures is a factor that scientists claim will propel the need for medical laser systems in the coming decades. The growth in laser technology cancer diagnosis may also lead to new innovations and subsequent demand for lasers in the medical industry.
Currently, researchers are trying to develop photo acoustic imaging techniques that will thoroughly examine living materials using laser light. Medical experts are also exploring the potentials of using photo acoustic imaging in the medical industry.
Overview of The Medical Laser Market
In 2019, the global laser market’s worth was estimated to be $2 billion. However this is expected to rise in the coming years because of the growth of chronic conditions like dermatology, ophthalmic, neurology, cardiovascular, and orthopaedic.
Furthermore, the increase in technological advancements is expected to lead in the creation of innovative laser devices, quick adoption of medical lasers, laser efficiency in minimally invasive surgeries, stringent regulatory guidelines, and a rise in the global medical laser market.
Medical lasers systems have been divided depending on the product type application and end users. In terms of the product type, lasers systems have been classified into diode lasers, gas lasers, solid state lasers, and femtosecond lasers. Each of these laser types have also been divided into smaller categories.
AS diseases continue to evolve and become more complex, there’s no doubt that the medical laser system market will also continue to grow.