Laser Treatment Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030

The global laser treatment market is anticipated to grow at a CAGR of 11.2% during the forecast period (2023-2030).  The shifting trend toward maintaining optimal aesthetic beauty is one of the major drivers of the market. Moreover, increasing awareness regarding the safety offered by aesthetic lasers is fueling market growth. Growing technological advancements in aesthetic laser treatment are fueling the growth of the market. According to the Aesthetic Society, in 2021, there were 431,485 skin treatment procedures with combination lasers in 2021, showing a growth of approximately 55.0% as compared to 2020, wherein the number of procedures was around 278,310. Lasers treatment allow the surgeon to accomplish more complex tasks, reduce blood loss, decrease postoperative discomfort, reduce the chance of wound infection, and achieve better wound healing.

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For Instance, in June 2020, Olympus, a technology in designing and delivering innovative solutions for medical and surgical procedures, commercially launched the Soltive™ SuperPulsed Laser System (Soltive Laser System), a new application of thulium fiber laser technology designed for stone lithotripsy and soft tissue applications. Laser sheath-assisted removal of inferior vena cava (IVC) filters with long dwelling time is a technique that utilizes laser-tipped sheaths. The laser light only penetrates vascular tissue by one hundred microns, causing the target tissues to disintegrate into particles less than 5 microns in size. For instance, in July 2021, Royal Philips, in health technology, announced the FDA has granted Breakthrough Device Designation (BDD) for a laser-assisted inferior vena cava (IVC) filter removal device. The proposed device is intended for ablating tissue to remove an IVC filter when previous methods of removal have failed. Pulsed dye laser (PDL) is considered the treatment of choice for capillary malformations, even though no sizeable prospective, controlled studies on large patient groups over prolonged periods. For instance, in June 2023, Candela Corp., a medical aesthetic device company announced that the vbeam family of pulsed dye lasers (PDL) has expanded its FDA cleared indications for use of the 595 nm wavelength to include the pediatric population (from birth - 21 years of age) for treatment of cutaneous capillary malformations, also known as port wine stains (PWS), and infantile hemangiomas (IH) / congenital hemangiomas.

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- 

o          By Type

o          By Application

o          By End-Users

Regions Covered-

o          North America

o          Europe

o          Asia-Pacific

o          Rest of the World

Competitive Landscape- includes Abbott Laboratories, Boston Scientific Corp., Koninklijke Philips N.V., Danaher Corp., and others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

Global Laser Treatment Market Report Segment

By Type

CO? Laser
Excimer lasers
Nd:YAG
Diode Laser
IPL (Intense Pulse Light) Laser
Pulsed-Dye Laser
Erbium laser
Other (Alexandrite Laser)

By Application

Dermatology and Aesthetics
Surgery
Dental
Urology
Ophthalmology
Cardiovascular
Others

By End-Users

Hospitals
Specialized Clinics
Ambulatory Surgical Centers
Others

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Company Profiles

Bausch Health Companies Inc.
Cutera, Inc.
IPG Photonics Corp.
Biolitec AG.
Galderma S.A.
Aesthetics Biomedical®, Inc.
Allergan Pharmaceuticals Inc.
AIVITA Biomedical, Inc.
Cypris Medical
Fotona D.O.O
Mentor Worldwide LLC

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