Industry Analysis & Industry Trends
Medical lasers are used for a variety of procedures, from dental work to skin rejuvenation. As the recession reduced disposable incomes and led to slashed hospital budgets, customers of laser manufacturers slowed purchases, yielding reduced revenue in 2009. The industry has rebounded since and is expected to continue growing into the next five years as lasers become more widely accepted and become increasingly useful, cost-effective and portable.... purchase to read more
Industry Report - Industry Locations Chapter
Medical laser machine manufacturers are located throughout the country, but are mainly concentrated in states known for other high-technology industries, including microelectronics and biotechnology. Other factors affecting geographic distribution include proximity to complimentary industries, location of customers, location of suppliers, the traditional development of the various industry segments, and location and accessibility of high-skilled labor.
The Medical Laser Machine Manufacturing industry is concentrated in the Southeast and West. The Southeast region includes Florida, a geographic photonics (the science of the generation, emission, transmission, modulation amplification, detection and sensing of light) industry cluster. Som... purchase to read more