Press release
Laser Therapy Devices Market is Projected to Grow up to USD 5.8 Billion by 2031 | Coherent Inc., Biolitec AG, Hologic Inc.
The global laser therapy devices market was valued at USD 2.3 Billion in 2021 and it is anticipated to grow up to USD 5.8 Billion by 2031, at a CAGR of 9.7% during the forecast period.Laser therapy devices are used to treat a variety of conditions and injuries by delivering concentrated light energy to the target area. The light energy from the laser interacts with tissue and creates a biological response that reduces inflammation, pain, and promotes healing. Laser therapy is a non-invasive, pain-free treatment option that is FDA-cleared and clinically proven to be effective.
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Market Trends and Drivers
Rising consumer preference for innovative and non-invasive laser based technologies will foster the demand for laser therapies across the globe. Increasing number of geriatric population will further induce inn the demand for this technology as it helps to reduce pain and inflammation in the body. Rising eye disorders too will bolster the laser therapy market growth. Increase in the personal disposable income and increased demand for cosmetic surgeries will further create more lucrative opportunities for growth of laser therapy market.
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Global Laser Therapy Devices Market Segmentation
By Type
• Self-monitoring Blood Glucose Meters
• Continuous Glucose Monitors
• Testing Strips
• Lancets
By Application
• Type 1 Diabetes
• Type 2 Diabetes
• Gestational Diabetes
By End-user
• Hospital Pharmacies
• Retail Pharmacies
• Online Sales
• Diabetes Clinics & Centers
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By Region
• North America
The U.S.
Canada
Mexico
• Europe
UK
Germany
France
Spain
Rest of Europe
• Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
• Rest of World
Latin America
Middle East
Africa
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Major Players in the Global Laser Therapy Devices Market
The key players in the Laser Therapy Devices market s Boston Scientific Corporation, IPG Photonics Corporation, Lumenis Ltd., Coherent Inc., Biolitec AG, Hologic Inc., Alma Lasers Ltd., Fotona D.D, Danaher Corporation, Thermo Fisher Scientific Inc., among others.
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