Laser Ablation Systems Market

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.

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.

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

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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.

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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

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