Medical Lasers Market: By Product Type (Solid-state Laser Systems, Gas Laser Systems, Diode Laser Systems, and Dye Laser Systems), By Application (Dentistry, Urology, Cardiovascular, Ophthalmology, Dermatology, Gynecology, and Others), By Distribution Channel (Hospitals, Cosmetic Clinics, and Others), and Geography     

Purchase Option

$ 3000
$ 4400
$ 6600
$ 8900

Medical Lasers Market size was valued at USD 5.2 billion in 2021, growing at a CAGR of 14.2% from 2022-28. The term “laser” stands for the amplification of light by stimulated emission of radiation. Medical lasers are medical devices that use precisely focused light sources in the treatment or removal of tissues. Laser light has a specific wavelength. It has a narrow beam that creates a very high-intensity light. As the laser light focuses very accurately, it can be used in very precise surgical work. Technological advancements are the key factors attributed to the growth of the medical lasers market. The rise in the incidence of eye-related disorders and growing awareness among people regarding modern treatment procedures is enhancing the growth of the market. In March 2018, Sensus Healthcare has launched a Sensus Laser Systems which includes applications for hair and tattoo removal, acne lesion correction, skin rejuvenation, and pigmentation/large pore treatment.

Medical Lasers Market Summary

Study Period

2023-29

Base Year

2022

CAGR

14.2%

Largest Market

North America

Fastest Growing Market

Europe
Medical Lasers Market Dynamics Dynamics

Increase in the adoption of the new treatment procedures and growing affordability of laser procedures are boosting the growth of the market. The higher adoption of the cosmetic treatment is majorly anticipated to drive the growth of the medical lasers market. For instance, as per American Society of Plastic Surgeons in 2016, there were around 1.8 million cosmetic surgical procedures and 15.5 million cosmetic minimally invasive procedures were performed and in 2015, around 1.1 million laser hair removal procedures were performed all across the globe. The further growth is expected over the forecasted period owing to its varied number of applications. However, the high rate of failure of laser-based surgical procedures and stringent safety regulations are may the growth of the market.

Key Features of the Reports

  • The 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

Medical Lasers Market Segmentation

product type
  • Solid state laser systems
    • Potassium Titanyl Phosphate Laser Systems
    • Alexandrite Laser Systems
    • Ruby Laser Systems
    • Holmium Yttrium Aluminum Garnet Laser (Ho:Yag) Systems
    • Erbium Yttrium Aluminum Garnet Laser (Er:Yag) Systems
    • Neodymium Yttrium Aluminum Garnet Laser (Nd:Yag) Systems
  • Gas laser systems
    • Metal Vapor (Copper And Gold) Laser Systems
    • Helium – Neon (He-Ne) Laser Systems
    • Excimer Laser Systems
    • Co2 Laser Systems
    • Argon Laser Systems
    • Krypton Laser Systems
  • Diode Laser Systems
  • Dye Laser Systems
application
  • Dentistry
  • Urology
  • Cardiovascular
  • Ophthalmology
  • Dermatology
  • Gynecology
  • Others
end user
  • Hospitals
  • Cosmetic Clinics
  • Others
LOCATION

Geography

Frequently Asked Questions

The CAGR of the medical lasers market is 14.2% over the forecast period (2022 - 2028)    

Alcon Laboratories, Inc. , AngioDynamics Corp., Biolase Inc, Cardiogenesis Corporation, Inc., Spectranetics Corporation    

The Europe is the fastest-growing region for the medical lasers market

[urltag url='request-table-of-content']

  • Lumenis Ltd. (Japan)
  • IRIDEX Corp. (U.S)
  • Novadaq Technologies, Inc. (Canada)
  • Spectranetics Corporation (U.S)
  • Syneron-Candela (U.S)
  • Alcon Laboratories, Inc. (U.S)
  • AngioDynamics Corp. (U.S)
  • American Medical Systems, Inc. (U.S)
  • Biolase Inc. (U.S)
  • Cardiogenesis Corporation, Inc. (U.S)