NAICS Code 334510-03 - Laser Medical (Manufacturing)

Marketing Level - NAICS 8-Digit

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Total Companies

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NAICS Code 334510-03 Description (8-Digit)

Laser Medical (Manufacturing) is a subdivision of the Electromedical and Electrotherapeutic Apparatus Manufacturing industry that involves the production of medical devices that use laser technology for diagnosis, treatment, and surgery. These devices are used in a variety of medical fields, including dermatology, ophthalmology, dentistry, and oncology. Laser Medical (Manufacturing) companies design, develop, and manufacture laser-based medical equipment that is used by healthcare professionals to provide accurate and effective treatment to patients.

Hierarchy Navigation for NAICS Code 334510-03

Tools

Tools commonly used in the Laser Medical (Manufacturing) industry for day-to-day tasks and operations.

  • Laser cutting machines
  • Laser engraving machines
  • Laser welding machines
  • Laser marking machines
  • Laser drilling machines
  • Laser etching machines
  • Laser ablation machines
  • Laser micromachining machines
  • Laser scribing machines
  • Laser cleaning machines

Industry Examples of Laser Medical (Manufacturing)

Common products and services typical of NAICS Code 334510-03, illustrating the main business activities and contributions to the market.

  • Laser eye surgery
  • Laser hair removal
  • Laser skin resurfacing
  • Laser tattoo removal
  • Laser dentistry
  • Laser cancer treatment
  • Laser therapy for pain management
  • Laser treatment for varicose veins
  • Laser treatment for acne scars
  • Laser treatment for wrinkles

Certifications, Compliance and Licenses for NAICS Code 334510-03 - Laser Medical (Manufacturing)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • ISO 13485: This certification is specific to medical device manufacturers and ensures that the company has a quality management system in place that meets regulatory requirements. It is provided by the International Organization for Standardization (ISO).
  • FDA Establishment Registration: This registration is required for all medical device manufacturers that sell products in the US. It ensures that the company is compliant with FDA regulations and is provided by the US Food and Drug Administration (FDA).
  • FDA Premarket Notification (510(K)): This notification is required for medical devices that are substantially equivalent to a device already on the market. It is provided by the US Food and Drug Administration (FDA).
  • CE Marking: This marking is required for medical devices sold in the European Union and ensures that the product meets EU safety, health, and environmental protection requirements. It is provided by the European Commission.
  • Good Manufacturing Practices (GMP): These practices ensure that the manufacturing process is consistent and produces high-quality products. They are provided by the US Food and Drug Administration (FDA).

History

A concise historical narrative of NAICS Code 334510-03 covering global milestones and recent developments within the United States.

  • The "Laser Medical (Manufacturing)" industry has a relatively short history, dating back to the 1960s when the first laser was used in medicine. The first laser was used to treat retinal detachment, and since then, the industry has grown to include a wide range of medical applications. In the 1980s, the first laser hair removal treatment was performed, and in the 1990s, lasers were used for skin resurfacing and tattoo removal. In recent years, the industry has seen significant advancements in laser technology, including the development of more precise and efficient lasers, as well as the use of lasers in new medical applications such as cancer treatment and ophthalmology. In the United States, the "Laser Medical (Manufacturing)" industry has experienced significant growth in recent years.

Future Outlook for Laser Medical (Manufacturing)

The anticipated future trajectory of the NAICS 334510-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The Laser Medical (Manufacturing) industry in the USA is expected to grow in the coming years due to the increasing demand for minimally invasive surgeries and the rising prevalence of chronic diseases. The industry is also expected to benefit from the advancements in laser technology, which have led to the development of more efficient and precise medical devices. Additionally, the growing aging population and the increasing healthcare expenditure are expected to drive the demand for laser medical devices. However, the industry may face challenges such as the high cost of laser medical devices and the stringent regulatory requirements. Overall, the Laser Medical (Manufacturing) industry in the USA is expected to experience steady growth in the foreseeable future.

Industry Innovations for NAICS Code 334510-03

Recent groundbreaking advancements and milestones in the Laser Medical (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • The development of laser-based tattoo removal devices that use picosecond pulses to break down ink particles into smaller fragments, making it easier for the body to remove them.
  • The introduction of laser-based hair removal devices that use diode lasers to target hair follicles, resulting in permanent hair reduction.
  • The development of laser-based skin resurfacing devices that use fractional laser technology to stimulate collagen production and improve skin texture and tone.
  • The introduction of laser-based acne treatment devices that use blue light therapy to kill acne-causing bacteria and reduce inflammation.
  • The development of laser-based cataract surgery devices that use femtosecond lasers to create precise incisions and remove the cataract with minimal damage to the surrounding tissue.
  • The introduction of laser-based dental treatment devices that use erbium lasers to remove decayed tooth material and prepare teeth for fillings or crowns.
  • The development of laser-based cancer treatment devices that use photodynamic therapy to selectively destroy cancer cells while sparing healthy tissue.
  • The introduction of laser-based wound healing devices that use low-level laser therapy to stimulate cell growth and accelerate the healing process.
  • The development of laser-based diagnostic devices that use Raman spectroscopy to detect cancer cells in real-time during surgery.
  • The introduction of laser-based drug delivery devices that use gold nanoparticles and laser pulses to release drugs at specific locations in the body.

NAICS Code 334510-03 - Laser Medical (Manufacturing)

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