Pulmonology Lasers Market Share

Regionally, the global pulmonology lasers market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. The market in North America industry is anticipated to account for largest revenue share by 2036, ascribed to growing occurrence of lung cancer, and increasing investments in R&D to improve the management and treatment of this cancer in the region. As per the American Cancer Society, it is calculated that in 2022, about 236,740 new cases of lung cancer will emerge in the United States, with 117,910 of them occurring in men and 118,830 in women. In addition, strong footprint of market players is also expected to drive the market growth in the region in the coming years. Moreover, the pulmonology lasers market in Europe is also assessed to grab a notable share during the forecast period ascribing to the rising health spending, and surging demand for advanced treatment along with early detection of lung cancer.