- Solid-State Laser
- Gas Laser
- Liquid Laser
- Semiconductor Laser
Laser Therapy Devices Market size was valued at USD 1,818.8 million in 2022 and is expected to reach USD 3,499.4 million by 2029, at a CAGR of 9.8% from 2023 to 2029. Laser therapy is a noninvasive medical process that employs light of a certain wavelength to treat cancers and aberrant growth, remove kidney stones, and restore damaged retinas, among other things. Laser therapy is a type of medical therapy that is deemed sophisticated. In medicine, lasers enable surgeons to work with extreme precision by focusing on a specific location. When compared to standard surgical approaches, this procedure causes less damage to the target. However, laser therapy is pricey and may necessitate multiple trips to surgeons. The market for laser therapy devices is increasing, and this device is also used to block abrupt nerve endings after surgery or operations, to aid lymph vessels minimise swelling, and to help blood vessels prevent blood loss. Laser therapy has now established itself as an important component of ophthalmology. The treatment in laser-based ophthalmology focuses on a beam of light that reshapes the cornea, improving corneal focusing instantaneously. Laser Therapy can also be used to build a specific channel in the eye to relieve glaucoma's varying intraocular pressures or a large number of small hemorrhages.
Laser Therapy Devices Market Key Developemnets:
- In February 2017, Hologic Inc. signed agreement to acquire Cynosure, Inc. This acquisition will expand Hologic's woman health portfolio with the more than 20 products including the laser therapy devices.
- In August 2015, Boston Scientific has acquired three mens health devices from the American Medical systems for USD1.6Bn. The devices include Light Green laser therapy systems for noncancerous enlargement of prostate.
Laser Therapy Devices Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
9.8%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Laser Therapy Devices Market Dynamics Dynamics
Global laser therapy devices market is mainly driven by rise in demand for noninvasive laser therapies in aesthetic treatment. In addition, rise in prevalence of cancer and technological advancements in laser therapy techniques such as cold laser therapy are expected to boost the global market over the forecast period. Furthermore, advantages over the conventional surgical procedures such as short hospital stay and no need of surgical procedure stimulating the adoption of the laser therapy by the patients and healthcare professions. However, stringent regulatory issues and probability of getting cancer due to laser therapies may hinder the market growth over the forecast period.
North-America got significant share
Laser Therapy Devices Market Regional Analysis
Geographically Laser Therapy devices market is divided into five key regions, i.e. North America, Europe, Asia Pacific, Latin America, and The Middle East and Africa. North America expected to have significant market share in global laser therapy devices market owing to the technological advancements such as advent of the home laser therapy devices such as LaserCap and growing adaptation of noninvasive treatments in aesthetics market. Asia Pacific laser therapy systems market is expected to project lucrative growth opportunity owing to the rise in disposable income, developing healthcare infrastructure and adaptation of noninvasive therapies for treatment of the skin diseases and other aesthetics
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- Laser Therapy devices Market report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Laser Therapy Devices Market Segmentation
By Product Type
By Application
- Dermatology
- Dentistry
- Gynaecology
- Ophthalmology
- Urology
- Others
By End User
- Hospitals
- Ambulatory Surgical Centres
- Others
Frequently Asked Questions
The laser therapy devices market size was valued at USD 1,818.8 million in 2022
The laser therapy devices market key players are: IPG Photonics Corporation (U.S.) Boston Scientific Corporation (U.S.) Coherent, Inc. (U.S.) Lumenis Ltd. (Israel) Hologic Inc. (U.S.) Biolitec AG (Germany) Fotona d.d. (Slovenia) Alma Lasers, Ltd. (Israel) Thermo Fisher Scientific, Inc. (U.S.) The Danaher Corporation (U.S.)
The laser therapy devices market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Laser Therapy Devices Market Introduction |
| 2.1.Global Laser Therapy Devices Market - Taxonomy |
| 2.2.Global Laser Therapy Devices Market - Definitions |
| 2.2.1. By Product Type |
| 2.2.2. By Application |
| 2.2.3. By End User |
| 2.2.4. Region |
| 3. Global Laser Therapy Devices Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Laser Therapy Devices Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Laser Therapy Devices Market By Product Type , 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Solid-State Laser |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Gas Laser |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Liquid Laser |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Semiconductor Laser |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Global Laser Therapy Devices Market By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Dermatology |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Dentistry |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Gynaecology |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Ophthalmology |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Urology |
| 6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Others |
| 6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7. Global Laser Therapy Devices Market By End User, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. Hospitals |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Ambulatory Surgical Centres |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Others |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8. Global Laser Therapy Devices Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9. North America Laser Therapy Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Solid-State Laser |
| 9.1.2.Gas Laser |
| 9.1.3.Liquid Laser |
| 9.1.4.Semiconductor Laser |
| 9.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Dermatology |
| 9.2.2.Dentistry |
| 9.2.3.Gynaecology |
| 9.2.4.Ophthalmology |
| 9.2.5.Urology |
| 9.2.6.Others |
| 9.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Hospitals |
| 9.3.2.Ambulatory Surgical Centres |
| 9.3.3.Others |
| 9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10. Europe Laser Therapy Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Solid-State Laser |
| 10.1.2.Gas Laser |
| 10.1.3.Liquid Laser |
| 10.1.4.Semiconductor Laser |
| 10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Dermatology |
| 10.2.2.Dentistry |
| 10.2.3.Gynaecology |
| 10.2.4.Ophthalmology |
| 10.2.5.Urology |
| 10.2.6.Others |
| 10.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Hospitals |
| 10.3.2.Ambulatory Surgical Centres |
| 10.3.3.Others |
| 10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11. Asia Pacific (APAC) Laser Therapy Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Solid-State Laser |
| 11.1.2.Gas Laser |
| 11.1.3.Liquid Laser |
| 11.1.4.Semiconductor Laser |
| 11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Dermatology |
| 11.2.2.Dentistry |
| 11.2.3.Gynaecology |
| 11.2.4.Ophthalmology |
| 11.2.5.Urology |
| 11.2.6.Others |
| 11.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Hospitals |
| 11.3.2.Ambulatory Surgical Centres |
| 11.3.3.Others |
| 11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12. Middle East and Africa (MEA) Laser Therapy Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Solid-State Laser |
| 12.1.2.Gas Laser |
| 12.1.3.Liquid Laser |
| 12.1.4.Semiconductor Laser |
| 12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Dermatology |
| 12.2.2.Dentistry |
| 12.2.3.Gynaecology |
| 12.2.4.Ophthalmology |
| 12.2.5.Urology |
| 12.2.6.Others |
| 12.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Hospitals |
| 12.3.2.Ambulatory Surgical Centres |
| 12.3.3.Others |
| 12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13. Latin America Laser Therapy Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Solid-State Laser |
| 13.1.2.Gas Laser |
| 13.1.3.Liquid Laser |
| 13.1.4.Semiconductor Laser |
| 13.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Dermatology |
| 13.2.2.Dentistry |
| 13.2.3.Gynaecology |
| 13.2.4.Ophthalmology |
| 13.2.5.Urology |
| 13.2.6.Others |
| 13.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Hospitals |
| 13.3.2.Ambulatory Surgical Centres |
| 13.3.3.Others |
| 13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.IPG Photonics Corporation (U.S.) |
| 14.2.2.Boston Scientific Corporation (U.S.) |
| 14.2.3.Coherent, Inc. (U.S.) |
| 14.2.4.Lumenis Ltd. (Israel) |
| 14.2.5.Hologic Inc. (U.S.) |
| 14.2.6.Biolitec AG (Germany) |
| 14.2.7.Fotona d.d. (Slovenia) |
| 14.2.8.Alma Lasers, Ltd. (Israel) |
| 14.2.9.Thermo Fisher Scientific, Inc. (U.S.) |
| 14.2.10.The Danaher Corporation (U.S.) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- IPG Photonics Corporation (U.S.)
- Boston Scientific Corporation (U.S.)
- Coherent, Inc. (U.S.)
- Lumenis Ltd. (Israel)
- Hologic Inc. (U.S.)
- Biolitec AG (Germany)
- Fotona d.d. (Slovenia)
- Alma Lasers, Ltd. (Israel)
- Thermo Fisher Scientific, Inc. (U.S.)
- The Danaher Corporation (U.S.)