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Laser Therapy Devices Market is anticipated to grow up to USD 5.8 Billion by 2031 - GIS

12-12-2023 05:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

Laser Therapy Devices Market is anticipated to grow up to USD 5.8

New York, 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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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, and Thermo Fisher Scientific Inc., among others.

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• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

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Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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