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Pulmonology Lasers Market Trends

  • Report ID: 3950
  • Published Date: Aug 21, 2024
  • Report Format: PDF, PPT

Pulmonology Lasers Market Trends

Growth Drivers

  • Increasing Prevalence of Lung Cancer
  • Rising R&D Activities in the Healthcare Sector

Challenges

  • High Cost of Pulmonology Lasers

Pulmonology Lasers Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

11.7%

Base Year Market Size (2023)

USD 5.45 billion

Forecast Year Market Size (2036)

USD 22.97 billion

Regional Scope
  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:

Author Credits:  Radhika Pawar


  • Report ID: 3950
  • Published Date: Aug 21, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of pulmonology lasers is evaluated at USD 5.96 billion.

Pulmonology Lasers Market size was valued at USD 5.45 billion in 2023 and is expected to exceed USD 22.97 billion by 2036, registering over 11.7% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by increasing prevalence of lung cancer, and rising R&D activities in the healthcare sector.

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.

The major players in the market are Olympus Corporation, Quanta System, Hyper Photonics S.r.l., Lumenis Be Ltd., Cook Group Incorporated, and others.
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