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Medical lasers have long been used to diagnose and treat different medical conditions in the areas of dermatology, ophthalmology, dentistry, gynecology, cardiovascular studies and urology. Regarded equally a boon in the healthcare sector, semiconductor laser handling systems are being extensively used for medical diagnosis, corrective procedures, and therapies. These systems generate a highly concentrated monochromatic beam of light with a particular wavelength. Given semiconductor lasers' wide range of applications in the healthcare sector, the global share of the semiconductor light amplification by stimulated emission of radiation treatment market stood at around $3 billion in 2015. According to the analysts at Technavio, the market will grow at a CAGR of 11% during the forecast period.

Applications of semiconductor laser treatment

Surgical segment

Equally lasers aid focus on a small surface area, they are widely used in cases that require precise surgical work. Laser therapy is frequently used to care for cancer through a high intensity of light that either minimizes or eradicates tumor cells. Therefore, light amplification by stimulated emission of radiation therapy is often combined with surgery, radiation, and chemotherapy to treat cancer patients. Lasers are as well used to seal nerve endings to minimize post-surgical pain. Due to the involvement of inquiry scientists and engineers in research and development, the awarding area of surgical lasers has broadened. Laser surgery for the handling of heart-related bug such every bit glaucoma is the most prevalent use of surgical lasers at present. These lasers produce a concentrated beam of light that is capable of making a pocket-sized opening on the tissue surface of the eye.

Ophthalmic segment

With the increasing trend of LASIK surgery amidst young adults, popularity of femtosecond lasers for cataract surgeries, and more strategic alliances between vendors, the ophthalmic segment has emerged as a prominent user of semiconductor lasers. Ophthalmic lasers are used to treat a diversity of eye conditions such as tumors, glaucoma, age-related macular degeneration, diabetic retinopathy, retinal disorders, cataracts, and other vision problems. These devices are highly accurate and precise. Laser surgery allows patients to avoid a infirmary stay and extended recovery time. In addition, the hazard of infection is minimal in laser surgeries.

At the same time, the growth of this market is limited by complications, the hazards of light amplification by stimulated emission of radiation technology, and a lack of reimbursement for such procedures in emerging economies. The availability of pharmaceutical treatment likewise poses a potential threat to laser-based treatment, every bit near ophthalmologists recommend the traditional pharma-based treatments.

Aesthetics segment

Valued at $i.24 billion in 2015, the aesthetics segment of the healthcare market place is expected to reach $2.4 billion by 2020, primarily due to an increase in the number of artful procedures such as laser skin resurfacing. Laser-based artful devices are becoming increasingly popular amidst patients and physicians for a range of applications such as pigmentary treatments, acne and rejuvenation applications, and skin tightening. The strengthening inquiry on handling and an increase in the number of cosmetic procedures are driving demand. In 2015, the United States was the largest market place for medical artful procedures, followed by Brazil.

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