Application (Therapeutic & Diagnostics, LiDAR Imaging, Cutting & Perforations, Welding, Drilling)
CO2 laser market from the cutting and perforation segment is set to witness the largest market revenue of 30% by the end of 2036. The growth of this segment can be attributed to the increasing utilization of co2 laser cutting and perforations in various end-use industries. Owing to its high range of benefits and advantages such as high speed, finished touch, and notable precision. Additionally, they can handle both thick and thin substances leading to versatility in several applications. They can be utilized for delicate and heavy-duty cutting and perforation tasks making them a preferred option for a large variety of sectors.
End Use (Military & Defense, Aerospace, Metal Processing, Healthcare, Manufacturing, Automotive, Telecommunication)
The healthcare segment in the CO2 laser market is poised to account for the highest CAGR in the time period between 2023 – 2036. This can be propelled by an increasing prevalence of cosmetic surgery and procedures all across the globe. C02 lasers are majorly used in aesthetic and cosmetic surgery products for skin rejuvenation, wrinkle reduction, and the treatment of pigmentation issues. Fractional co2 lasers particularly have gained popularity for their potential to target specific areas while leaving the surrounding tissue tract. Besides, they are also utilized for disinfection and sterilization purposes in the medical sector. With around four million cosmetic treatments performed globally in 2020, the United States set the record.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Radhika Pawar
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