Global Medical Lasers Market Research 2024, Forecast To 2033
16 Jan, 2024
The medical lasers market has witnessed rapid growth, expanding from $6.33 billion in 2023 to $7.26 billion in 2024, with a 14.5% CAGR. Historic growth is credited to rising chronic diseases, an aging population, increased minimally invasive procedures, and growing demand for aesthetic and cosmetic procedures. Expecting ongoing momentum, the market is forecasted to reach $12.06 billion in 2028, boasting a 13.6% CAGR. Factors driving growth include expanding healthcare infrastructure, a surge in personalized medicine demand, patient awareness, and an increasing focus on medical lasers. Key trends include advancements in laser technology, fiber, and diode lasers, telemedicine, and remote surgery.
Global Medical Lasers Market Key Driver
Increased demand for minimally invasive procedures propels the growth of the medical lasers market. Aesthetic and cosmetic procedures worldwide contribute to the high usage of medical lasers. In the USA alone, facial plastic surgery procedures reached around 56,084 in 2020, with considerable demand for medical lasers for minimally invasive surgeries.
Get A Free Sample Of The Global Medical Lasers Market ReportGlobal Medical Lasers Market Segments
The medical lasers market covered in this report is segmented –
1) By Product Type: Solid State Laser Systems, Gas Laser Systems, Dye Laser Systems, Diode Laser Systems
2) By Application: Surgical , Cosmetic , Dental
3) By End Use: Ophthalmology, Dermatology, Gynecology, Dentistry, Urology, Cardiovascular, Other End Users
By Geography: The regions covered in the medical lasers market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
North America was the largest region in the medical lasers market in 2023. Asia-Pacific was the second-largest region in the global medical lasers market share. The regions covered in the medical lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major Medical Lasers Industry Players
El.En. S.p.A., Ellex Medical Lasers Ltd., Lumenis, Alcon Laboratories Inc., AngioDynamics Corp., American Medical Systems Inc., Biolase Inc., Bausch & Lomb Holdings, Cardiogenesis Corporation Inc., Boston Scientific Corporation, IRIDEX Corp., Novadaq Technologies Inc., Photomedex Inc., Spectranetics Corporation, Syneron Candela, Cryolife Inc., Novartis AG, Topcon Corporation, Fotona d.o.o., Sisram Medical Ltd., Kern Electronics & Lasers, Boss Laser LLC., Automark, Corning Incorporated, Coherent Inc., IPG Photonics Corporation, Jenoptik AG, Lumibird Medical, Iridex Corporation, Mevion Medical Systems, Vision RT, IsoRay Inc., RefleXion Medical, Alpha Tau Medical, Nanobiotix S.A.
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Medical Lasers Market Overview
Medical lasers are devices that treat or remove tissues using precisely focused light sources.
Medical Lasers Global Market Report 2023 provides data on the global medical lasers market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The medical lasers market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.