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Europe Medical Laser Systems Market - By Product (Solid-state Lasers, Gas Lasers, Fiber Lasers); By Application (Ophthalmology, Dermatology/Aesthetics, Gynecology, Dentistry, Urology, Cardiovascular); By End User (Cosmetic, Dental, Surgical, Hospitals, Specialty Clinics); By Country (Germany, United Kingdom, Italy, Spain, Belgium, Russia, Netherlands, Rest of Europe), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
- Published Date: May 2023
- Report ID: BWC23417
- Available Format: PDF
- Page: 260
Report Overview
Increasing prevalence of chronic diseases, aging population, advancements in laser technology, growing demand for minimally invasive procedures, and expanding applications of medical lasers in various medical specialties are propelling the growth of Europe Medical Laser Systems Market during the forecast period between 2023 and 2029.
Europe Medical Laser Systems Market – Trends & Forecast Report, 2029
Europe medical laser systems market size was estimated at USD 805.38 million in 2022. During the forecast period between 2023 and 2029, the size of Europe medical laser systems market is projected to grow at a CAGR of 13.05% reaching a value of USD 1,886.42 million by 2029. Europe medical laser systems market is growing rapidly due to major factors such as the increasing prevalence of chronic diseases, the rising geriatric population, and the growing demand for minimally invasive procedures. Technological innovations in medical laser systems, such as the development of portable and user-friendly devices, are further propelling market growth. Also, the adoption of laser technology in various medical specialties, including dermatology, ophthalmology, and aesthetics, is contributing to the market's upward trajectory. Also, favorable reimbursement policies and government initiatives aimed at enhancing healthcare infrastructure are supporting the market's progress. Overall, the Europe medical laser systems market is expected to continue its positive growth trend during the forecast period.
Europe Medical Laser Systems Market - Overview
Medical laser systems refer to advanced technological devices that employ laser technology for various medical procedures. These systems are designed to generate and deliver precise and focused beams of laser light to treat or diagnose a wide range of medical conditions. They are used in numerous medical specialties, including dermatology, ophthalmology, urology, and general surgery. Medical laser systems offer exceptional precision, allowing healthcare professionals to target specific tissues or cells with minimal damage to surrounding areas. They can be utilized for tasks such as tissue ablation, cauterization, cutting, coagulation, and photodynamic therapy. These sophisticated devices play a crucial role in modern healthcare, providing safe and effective treatment options for patients.
Growth Drivers
Advancements in Technology
In recent years, the Europe medical laser systems market has experienced significant growth, primarily driven by advancements in technology. The development and innovation of innovative medical laser systems have revolutionized various healthcare procedures, ranging from cosmetic surgeries to ophthalmology and dermatology treatments. These advanced systems offer enhanced precision, efficiency, and safety, attracting both healthcare providers and patients alike. The incorporation of technologies like robotic-assisted surgeries, fiber-optic delivery systems, and improved laser modalities has significantly expanded the applications of medical lasers. Also, the growing preference for minimally invasive procedures reduced downtime, and improved patient outcomes has fueled the demand for medical laser systems in Europe. Thus, the market is witnessing a surge in investments, research, and development activities, further propelling its growth trajectory.
Restraints
Europe's Medical Laser Systems Market Faces Restraint Amidst Regulatory Challenges
In Europe, the flourishing medical laser systems market encounters a significant restraint in the form of regulatory challenges. As governments and regulatory bodies tighten their oversight of healthcare technologies, stringent regulations have been imposed on the development, manufacturing, and distribution of medical laser systems. The complex and lengthy approval processes, compliance requirements, and documentation procedures pose obstacles for market players. Also, the evolving regulatory landscape across different European countries adds further complexity and increases compliance costs. These challenges not only impede the entry of new players but also hinder innovation and the introduction of advanced medical laser systems, potentially limiting the market's growth potential in Europe.
Impact of COVID-19 on the Europe Medical Laser Systems Market
The COVID-19 pandemic significantly impacted the Europe medical laser systems market. As healthcare systems focused on managing the pandemic, non-essential medical procedures, including laser-based treatments, were postponed or canceled. This led to a decline in the demand for medical laser systems during the initial phases of the pandemic. Also, supply chain disruptions and manufacturing limitations further affected the market. However, as the situation gradually improved, healthcare facilities resumed their operations, and the market witnessed a recovery. The need for minimally invasive procedures and advanced treatments post-pandemic is expected to drive the demand for medical laser systems, promoting market growth shortly.
Europe Medical Laser Systems Market
Segmental Coverage
Europe Medical Laser Systems Market – By Product
On the basis of product, Europe medical laser systems market is divided into Solid-state Lasers, Gas Lasers, and Fiber Lasers segments. The solid-state Lasers segment is the largest contributor to the Europe medical laser systems market. Solid-state lasers are widely utilized in medical applications due to their versatility, precision, and efficiency. They offer a broad range of wavelengths and power options, making them suitable for various medical procedures such as dermatology, ophthalmology, and aesthetics. Solid-state lasers are known for their reliability, long lifespan, and compact design, making them highly favored by medical professionals. With their ability to deliver precise and controlled energy, solid-state lasers have become the dominant segment within the European medical laser systems market, catering to the diverse needs of healthcare providers across the continent.
Europe Medical Laser Systems Market – By Application
On the basis of application, Europe medical laser systems market is divided into Ophthalmology, Dermatology/Aesthetics, Gynecology, Dentistry, Urology, and Cardiovascular segments. The Dermatology/Aesthetics segment largest segment in the Europe medical laser systems market. Dermatology/Aesthetics refers to the branch of medicine that focuses on the diagnosis and treatment of skin disorders and aesthetic procedures. The demand for medical laser systems in this segment is driven by the increasing popularity of cosmetic treatments, such as laser hair removal, skin rejuvenation, tattoo removal, and scar revision. These procedures offer non-invasive or minimally invasive solutions for various dermatological and aesthetic concerns. With a growing emphasis on appearance and beauty, the Dermatology/Aesthetics segment has witnessed significant growth and represents a substantial portion of the overall market in Europe.
Europe Medical Laser Systems Market – By End User
On the basis of end-user, Europe medical laser systems market is divided into Cosmetic, Dental, Surgical, Hospitals, and Specialty Clinics segments. The cosmetic segment is one of the prominent sectors within the European medical laser systems market due to the rising demand for aesthetic procedures and advancements in laser technology for cosmetic applications. The dental segment also holds significant importance as lasers are increasingly used in dentistry for procedures like teeth whitening, gum surgeries, and cavity treatment. Surgical, hospitals, and specialty clinics segments are essential components contributing to the overall growth of the European medical laser systems market, providing advanced laser-based treatments across a range of medical specialties.
Europe Medical Laser Systems Market – By Country
The in-depth research report on the Europe medical laser systems market covers the region’s major countries: Germany, United Kingdom, Italy, Spain, Belgium, Russia, Netherlands, and Rest of Europe. Europe represents one of the largest segments in terms of the medical laser systems market. With its advanced healthcare infrastructure, technological advancements, and high adoption rates of medical laser systems, Europe has emerged as a significant market for these devices. The region encompasses a diverse range of countries with well-established medical facilities, driving the demand for medical laser systems in various applications such as dermatology, ophthalmology, urology, and aesthetics.
Competitive Landscape
Major players in the Europe medical laser systems market include El.En. S.p.A., Biolitec AG, Lumenis Ltd., Fotona d.o.o., DEKA M.E.L.A. srl, Quantel Medical SAS, Alcon Inc., Carl Zeiss Meditec AG, Lumibird Medical SAS, Asclepion Laser Technologies GmbH, AngioDynamics, Inc., and Biophysic Ltd. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.
Scope of the Report
|
Attributes |
Details |
|
Years Considered |
Historical Data – 2019–2022 |
|
Base Year – 2022 |
|
|
Estimated Year – 2023 |
|
|
Forecast Period – 2023–2029 |
|
|
Facts Covered |
Revenue in USD Million |
|
Market Coverage |
Germany, United Kingdom, Italy, Spain, Belgium, Russia, Netherlands, Rest of Europe |
|
Product/ Service Segmentation |
Product, Gas Lasers, Fiber Lasers |
|
Key Players |
El.En. S.p.A., Biolitec AG, Lumenis Ltd., Fotona d.o.o., DEKA M.E.L.A. srl, Quantel Medical SAS, Alcon Inc., Carl Zeiss Meditec AG, Lumibird Medical SAS, Asclepion Laser Technologies GmbH, AngioDynamics, Inc., Biophysic Ltd. |
By Product
Solid-state Lasers
- Holmium Yttrium Aluminum Garnet Laser Systems
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Erbium Yttrium Aluminum Garnet Laser Systems
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Neodymium Yttrium Aluminum Garnet Laser Systems
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Potassium Titanyl Phosphate Laser Systems
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Alexandrite Laser Systems
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Ruby Laser Systems
Gas Lasers
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Co2 Laser Systems
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Argon Laser Systems]
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Krypton Laser Systems
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Metal Vapor Laser Systems
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Helium-Neon Laser Systems
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Excimer Laser Systems
Fiber Lasers
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Femtosecond Lasers
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Diode Lasers
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Others
By Application
-
Ophthalmology
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Dermatology/Aesthetics
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Gynecology
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Dentistry
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Urology
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Cardiovascular
By End User
-
Cosmetic
-
Dental
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Surgical
-
Hospitals
-
Specialty Clinics
By Country
-
Germany
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United Kingdom
-
Italy
-
Spain
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Belgium
-
Russia
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Netherlands
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Rest of Europe
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Europe Medical Laser Systems Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Rising incidence of eye problems
- Increasing prevalence of cardiovascular diseases
- Restraints
- High costs of laser surgeries
- Surging safety concerns
- Opportunities
- Increasing number of cosmetic procedures
- Rising requirements for laser treatments
- Challenges
- Strict regulations implemented by governments for safety procedures
- Growth Drivers
- Technology Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Europe Medical Laser Systems Market Overview
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share and Forecast
- By Product
- Solid-state Lasers
- Holmium Yttrium Aluminum Garnet Laser Systems
- Erbium Yttrium Aluminum Garnet Laser Systems
- Neodymium Yttrium Aluminum Garnet Laser Systems
- Potassium Titanyl Phosphate Laser Systems
- Alexandrite Laser Systems
- Ruby Laser Systems
- Gas Lasers
- Co2 Laser Systems
- Argon Laser Systems]
- Krypton Laser Systems
- Metal Vapor Laser Systems
- Helium-Neon Laser Systems
- Excimer Laser Systems
- Fiber Lasers
- Femtosecond Lasers
- Diode Lasers
- Others
- Solid-state Lasers
- By Application
- Ophthalmology
- Dermatology/Aesthetics
- Gynecology
- Dentistry
- Urology
- Cardiovascular
- By End User
- Cosmetic
- Dental
- Surgical
- Hospitals
- Specialty Clinics
- By Country
- Germany
- United Kingdom
- Italy
- Spain
- Belgium
- Russia
- Netherlands
- Rest of Europe
- By Product
- Market Size & Forecast, 2019–2029
- Europe Medical Laser Systems Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Application
- By End User
- By Country
- Germany
- By Product
- By Application
- By End User
- United Kingdom
- By Product
- By Application
- By End User
- Italy
- By Product
- By Application
- By End User
- France
- By Product
- By Application
- By End User
- Spain
- By Product
- By Application
- By End User
- Belgium
- By Product
- By Application
- By End User
- Russia
- By Product
- By Application
- By End User
- Netherlands
- By Product
- By Application
- By End User
- Rest of Europe
- By Product
- By Application
- By End User
- Germany
- Market Size & Forecast, 2019–2029
- Competitive Landscape
- List of Key Players and Their Offerings
- Europe Medical Laser Systems Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Covid-19 on Europe Medical Laser Systems Market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- El.En. S.p.A.
- Biolitec AG
- Lumenis Ltd.
- Fotona d.o.o.
- DEKA M.E.L.A. srl
- Quantel Medical SAS
- Alcon Inc.
- Carl Zeiss Meditec AG
- Lumibird Medical SAS
- Asclepion Laser Technologies GmbH
- AngioDynamics, Inc.
- Biophysic Ltd.
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
Figures
Figure 1 Europe Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Figure 2 Europe Medical Laser Systems Market Share, By Product, By Value, 2019-2029
Figure 3 Europe Medical Laser Systems Market Share, By Application, By Value, 2019-2029
Figure 4 Europe Medical Laser Systems Market Share, By End User, By Value, 2019-2029
Figure 5 Europe Medical Laser Systems Market Share, By Country, By Value, 2019-2029
Figure 6 Germany Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Figure 7 Germany Medical Laser Systems Market Share, By Product, By Value, 2019-2029
Figure 8 Germany Medical Laser Systems Market Share, By Application, By Value, 2019-2029
Figure 9 Germany Medical Laser Systems Market Share, By End User, By Value, 2019-2029
Figure 10 United Kingdom Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Figure 11 United Kingdom Medical Laser Systems Market Share, By Product, By Value, 2019-2029
Figure 12 United Kingdom Medical Laser Systems Market Share, By Application, By Value, 2019-2029
Figure 13 United Kingdom Medical Laser Systems Market Share, By End User, By Value, 2019-2029
Figure 14 Italy Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Figure 15 Italy Medical Laser Systems Market Share, By Product, By Value, 2019-2029
Figure 16 Italy Medical Laser Systems Market Share, By Application, By Value, 2019-2029
Figure 17 Italy Medical Laser Systems Market Share, By End User, By Value, 2019-2029
Figure 18 France Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Figure 19 France Medical Laser Systems Market Share, By Product, By Value, 2019-2029
Figure 20 France Medical Laser Systems Market Share, By Application, By Value, 2019-2029
Figure 21 France Medical Laser Systems Market Share, By End User, By Value, 2019-2029
Figure 22 Spain Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Figure 23 Spain Medical Laser Systems Market Share, By Product, By Value, 2019-2029
Figure 24 Spain Medical Laser Systems Market Share, By Application, By Value, 2019-2029
Figure 25 Spain Medical Laser Systems Market Share, By End User, By Value, 2019-2029
Figure 26 Belgium Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Figure 27 Belgium Medical Laser Systems Market Share, By Product, By Value, 2019-2029
Figure 28 Belgium Medical Laser Systems Market Share, By Application, By Value, 2019-2029
Figure 29 Belgium Medical Laser Systems Market Share, By End User, By Value, 2019-2029
Figure 30 Russia Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Figure 31 Russia Medical Laser Systems Market Share, By Product, By Value, 2019-2029
Figure 32 Russia Medical Laser Systems Market Share, By Application, By Value, 2019-2029
Figure 33 Russia Medical Laser Systems Market Share, By End User, By Value, 2019-2029
Figure 34 Netherlands Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Figure 35 Netherlands Medical Laser Systems Market Share, By Product, By Value, 2019-2029
Figure 36 Netherlands Medical Laser Systems Market Share, By Application, By Value, 2019-2029
Figure 37 Netherlands Medical Laser Systems Market Share, By End User, By Value, 2019-2029
Figure 38 Rest of Europe Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Figure 39 Rest of Europe Medical Laser Systems Market Share, By Product, By Value, 2019-2029
Figure 40 Rest of Europe Medical Laser Systems Market Share, By Application, By Value, 2019-2029
Figure 41 Rest of Europe Medical Laser Systems Market Share, By End User, By Value, 2019-2029
List of Tables
Table 1 Europe Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Table 2 Europe Medical Laser Systems Market Size, By Product, By Value, 2019-2029
Table 3 Europe Medical Laser Systems Market Size, By Application, By Value, 2019-2029
Table 4 Europe Medical Laser Systems Market Size, By End User, By Value, 2019-2029
Table 5 Europe Medical Laser Systems Market Size, By Country, By Value, 2019-2029
Table 6 Germany Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Table 7 Germany Medical Laser Systems Market Size, By Product, By Value, 2019-2029
Table 8 Germany Medical Laser Systems Market Size, By Application, By Value, 2019-2029
Table 9 Germany Medical Laser Systems Market Size, By End User, By Value, 2019-2029
Table 10 United Kingdom Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Table 11 United Kingdom Medical Laser Systems Market Size, By Product, By Value, 2019-2029
Table 12 United Kingdom Medical Laser Systems Market Size, By Application, By Value, 2019-2029
Table 13 United Kingdom Medical Laser Systems Market Size, By End User, By Value, 2019-2029
Table 14 Italy Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Table 15 Italy Medical Laser Systems Market Size, By Product, By Value, 2019-2029
Table 16 Italy Medical Laser Systems Market Size, By Application, By Value, 2019-2029
Table 17 Italy Medical Laser Systems Market Size, By End User, By Value, 2019-2029
Table 18 France Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Table 19 France Medical Laser Systems Market Size, By Product, By Value, 2019-2029
Table 20 France Medical Laser Systems Market Size, By Application, By Value, 2019-2029
Table 21 France Medical Laser Systems Market Size, By End User, By Value, 2019-2029
Table 22 Spain Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Table 23 Spain Medical Laser Systems Market Size, By Product, By Value, 2019-2029
Table 24 Spain Medical Laser Systems Market Size, By Application, By Value, 2019-2029
Table 25 Spain Medical Laser Systems Market Size, By End User, By Value, 2019-2029
Table 26 Belgium Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Table 27 Belgium Medical Laser Systems Market Size, By Product, By Value, 2019-2029
Table 28 Belgium Medical Laser Systems Market Size, By Application, By Value, 2019-2029
Table 29 Belgium Medical Laser Systems Market Size, By End User, By Value, 2019-2029
Table 30 Russia Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Table 31 Russia Medical Laser Systems Market Size, By Product, By Value, 2019-2029
Table 32 Russia Medical Laser Systems Market Size, By Application, By Value, 2019-2029
Table 33 Russia Medical Laser Systems Market Size, By End User, By Value, 2019-2029
Table 34 Netherlands Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Table 35 Netherlands Medical Laser Systems Market Size, By Product, By Value, 2019-2029
Table 36 Netherlands Medical Laser Systems Market Size, By Application, By Value, 2019-2029
Table 37 Netherlands Medical Laser Systems Market Size, By End User, By Value, 2019-2029
Table 38 Rest of Europe Medical Laser Systems Market Size, By Value (USD Million), 2019-2029
Table 39 Rest of Europe Medical Laser Systems Market Size, By Product, By Value, 2019-2029
Table 40 Rest of Europe Medical Laser Systems Market Size, By Application, By Value, 2019-2029
Table 41 Rest of Europe Medical Laser Systems Market Size, By End User, By Value, 2019-2029
Table 42 El.En. S.p.A. Company Overview
Table 43 El.En. S.p.A. Financial Overview
Table 44 Biolitec AG Company Overview
Table 45 Biolitec AG Financial Overview
Table 46 Lumenis Ltd Company Overview
Table 47 Lumenis Ltd Financial Overview
Table 48 Fotona d.o.o. Company Overview
Table 49 Fotona d.o.o. Financial Overview
Table 50 DEKA M.E.L.A. srl Company Overview
Table 51 DEKA M.E.L.A. srl Financial Overview
Table 52 Quantel Medical SAS Company Overview
Table 53 Quantel Medical SAS Financial Overview
Table 54 Alcon Inc. Company Overview
Table 55 Alcon Inc. Financial Overview
Table 56 Carl Zeiss Meditec AG Company Overview
Table 57 Carl Zeiss Meditec AG Financial Overview
Table 58 Lumibird Medical SAS Company Overview
Table 59 Lumibird Medical SAS Financial Overview
Table 60 Asclepion Laser Technologies GmbH Company Overview
Table 61 Asclepion Laser Technologies GmbH Financial Overview
Table 62 AngioDynamics, Inc. Company Overview
Table 63 AngioDynamics, Inc. Financial Overview
Market Segmentation
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