This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Laser Ablation Systems Market

Market Insights on Laser Ablation Systems covering sales outlook, demand forecast & up-to-date key trends

Laser Ablation Systems Market by Applications, End Use Industry & Region - Forecast 2022-2032

Laser Ablation Systems Market Snapshot

Global laser ablation systems demand is anticipated to be valued at US$ 5.2 Billion in 2022, forecast to grow at a CAGR of 7.07% to be valued at US$ 10.3 Billion from 2022 to 2032. Growth is attributed to the demand for laser ablation systems from various end user industries.

Report Attribute

Details

Estimated Base Year Value (2021)

US$ 4.89 Billion

Expected Market Value (2022)

US$ 5.2 Billion

Anticipated Forecast Value (2032)

US$ 10.3 Billion

Projected Growth Rate (2022-2032)

7.07% CAGR

The laboratory and testing equipment market is growing at a high pace with increasing applications of these systems to achieve high accuracy and precision. One such system that is widely used is laser ablation system. The precision of the laser beam has increased the number of applications where it is used.

In laser ablation system, the laser is exposed to solid metals and other industrial compounds to remove layers and achieve high precision. The laser ablation system focuses a laser on the substrate to remove materials and the amount of material removed depends on the intensity, pulse length, and wavelength of the laser. 

The laser ablation systems can determine the presence and level of concentration of any material on the surface by generating a bright plasma over the surface. The laser ablation systems can also be used for deposition of thin metallic and dielectric films, micromachining of the structure of MEMS, welding of metal parts and others. Such factors are driving the adoption of laser ablation systems in the market.

Vendors in the laser ablation systems market are focusing on collaborating with companies to develop advanced systems. CETAC Technologies and Photon Machines collaborated to design advance laser ablation technology that can help in elemental analysis.

Customize this Report

Let us know your requirement to get
100% FREE customization

Which Factors are Accelerating the Growth of Laser Ablation Systems?

The laser ablation systems are highly efficient, reliable and cost-effective. The laser ablation systems only work on specific parts that are to be reduced and do not have any side effects on other parts of the material. The laser ablation systems can also be used to deposit a film on a surface.

Such factors are driving the adoption of laser ablation systems in the market. The laser ablation systems find applications in the healthcare sector also. It is used to monitor tissue ablation in real-time. The high energy intensity of these systems enables users to ablate hard materials including calcite and quartz. Such factors are furthermore hampering the growth of laser ablation systems in the market.

Which Factors are Restraining the Growth of Laser Ablation Systems?

The laser ablation systems require highly skilled labor to operate them. Also, the cost of the initial investment is high — these factors restrain the growth of laser ablation systems market. It is essential to use laser ablation systems precisely since the variance in intensity might remove the extra material. Also, these systems require high maintenance. Such complexities are furthermore hampering the adoption of laser ablation systems in the market.

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

End User Industries Contributing Towards the Growth of Laser Ablation Systems in North America?

North America is expected to be a large market for laser ablation systems as a majority of the laser ablation systems vendors such as IPG Photonics Corporation, Thermo Fisher Scientific Inc. and Applied Spectra, Inc. are based in the region.

This has led to an increase in sales of global laser ablation systems. the presence of several end user industries that require laser ablation systems is positively influencing the demand for the same. Thus, North America is expected to register a CAGR of more than 7% in the assessment period 2022-2032.

Manufacturing and Medical Industry Increasing the Sales of Laser Ablation Systems in Europe?

Increasing demand for the systems in medical and manufacturing industry driving the adoption of laser ablation systems in European countries, such as U.K., and Germany. The manufacturing industries present in Europe are contributing towards the growth of laser ablation systems.

The growing popularity of laser ablation systems is characterized by the high efficiency and low operating cost of the system. In addition, rising disposable income among people is likely to increase the scope of penetration of Laser Ablation Systems in Europe in the near future.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Market Competition

Examples of some of the key players operating in the Laser Ablation Systems market are Applied Spectra Inc., Medtronic plc. CETAC Technologies, Kenelec Scientific, Elemental Scientific Lasers, IPG Photonics Corporation, NARA Machinery, Thermo Fisher Scientific Inc., Coldwater Machine Company and Monteris among others.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 7.07% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • End User Industry
  • Application
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • CIS & Russia
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Applied Spectra Inc.
  • Medtronic plc
  • CETAC Technologies
  • Kenelec Scientific
  • Elemental Scientific Lasers
  • IPG Photonics Corporation
  • NARA Machinery
  • Thermo Fisher Scientific Inc.
  • Coldwater Machine Company
  • Monteris

Customization

Available Upon Request

Key Segments Profiled in the Laser Ablation Systems Industry Survey

Laser Ablation Systems Market by Industry:

  • Environmental Laser Ablation Systems
  • Geological Laser Ablation Systems
  • Forensic Laser Ablation Systems
  • Medical Laser Ablation Systems
  • Mining Laser Ablation Systems
  • Electronic Laser Ablation Systems
  • Manufacturing Laser Ablation Systems

Laser Ablation Systems Market by Application:

  • Laser Ablation Systems for Bio-imaging
  • Laser Ablation Systems for Forensics
  • Laser Ablation Systems for Geochronology
  • Laser Ablation Systems for Trace Element Analysis
  • Laser Ablation Systems for Sample Screening
  • Laser Ablation Systems for Purity testing
  • Laser Ablation Systems for Other Applications

Laser Ablation Systems Market by Region:

  • North America Laser Ablation Systems Market
  • Latin America Laser Ablation Systems Market
  • Western Europe Laser Ablation Systems Market
  • CIS & Russia Laser Ablation Systems Market
  • APEJ Laser Ablation Systems Market
  • Japan Laser Ablation Systems Market
  • Middle East & Africa Laser Ablation Systems Market

Frequently Asked Questions

FMI projects the global laser ablation systems market to expand at a 7.07% value CAGR by 2032

North America is expected to be the most opportunistic laser ablation systems market, expanding at a 7% CAGR

Applied Spectra Inc., Medtronic plc. CETAC Technologies, Kenelec Scientific, Elemental Scientific Lasers, IPG Photonics Corporation, NARA Machinery, Thermo Fisher Scientific Inc., Coldwater Machine Company and Monterisare some prominent laser ablation systems manufacturers

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst
List of Charts

NA

Need specific information?

Request Customization

Explore Testing Equipment Insights

View Reports

Recommendations

Testing Equipment

Environmental Test Chambers Market

Published : May 2021

Testing Equipment

Pavement Tester Market

Published : January 2019

Testing Equipment

Lubricant Testing Machine Market

Published : January 2019

Testing Equipment

Air Leak Testing Market

Published : January 2019

Google translate

Laser Ablation Systems Market