Press release
Medical Laser Market Size, Trends, Growth, Opportunities 2024-2032 | Lumenis, TOPCON Corporation, and El.En. S.p.A.
The global medical laser market size was valued at USD 5.17 billion in 2023. The market is projected to grow from USD 5.47 billion in 2024 to USD 11.26 billion by 2032, exhibiting a CAGR of 9.4% during the forecast period (2024-2032).The medical laser market is experiencing a surge in innovation and adoption across various healthcare sectors. This press release explores a recent key industry development, a leading segment, and the future outlook for this dynamic market.
๐๐ถ๐๐ฐ๐ผ๐๐ฒ๐ฟ ๐ช๐ต๐ฎ๐ ๐ฌ๐ผ๐'๐ฟ๐ฒ ๐ ๐ถ๐๐๐ถ๐ป๐ด: ๐๐ฒ๐ ๐ฎ ๐๐ฟ๐ฒ๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ (๐ฃ๐๐) ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ: https://www.fortunebusinessinsights.com/enquiry/sample/medical-lasers-market-101071
๐๐๐ข๐๐๐ฆ๐ ๐๐ ๐ฝ๐ฎ๐ป๐ฑ๐ ๐ฉ๐ฒ๐๐ฒ๐ฟ๐ถ๐ป๐ฎ๐ฟ๐ ๐ฅ๐ฒ๐ฎ๐ฐ๐ต ๐ง๐ต๐ฟ๐ผ๐๐ด๐ต ๐ฃ๐ฎ๐ฟ๐๐ป๐ฒ๐ฟ๐๐ต๐ถ๐ฝ ๐๐ถ๐๐ต ๐ฃ๐ฒ๐ ๐๐ฒ๐ป๐๐ฎ๐น ๐ฆ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ๐:
In a move highlighting the diversifying applications of medical lasers, BIOLASE, Inc., a leading dental laser manufacturer, announced a partnership with Pet Dental Services (PDS) in June 2023. This collaboration aims to expand the reach of BIOLASE's laser technology within the veterinary segment across the country. The partnership underscores the growing recognition of medical lasers as minimally invasive and potentially more comfortable treatment options for pets undergoing dental procedures.
๐ง๐ผ๐ฝ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐ถ๐ป ๐๐ต๐ฒ ๐ ๐ฒ๐ฑ๐ถ๐ฐ๐ฎ๐น ๐๐ฎ๐๐ฒ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐:
โข Bausch Health Companies Inc. (Canada)
โข Cynosure Lutronic (U.S.)
โข Lumenis Be Ltd. (U.S.)
โข Candela Corporation (U.S.)
โข TOPCON CORPORATION (Japan)
โข LUMIBIRD (France)
โข IRIDEX Corporation (U.S.)
โข Sisram Medical Ltd (Alma Lasers) (Israel)
โข BIOLASE, Inc. (U.S.)
โข El.En. S.p.A. (Italy)
โข LAMEDITECH (Republic of Korea)
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฟ๐ถ๐๐ฒ๐ฟ๐ ๐ฎ๐ป๐ฑ ๐ฅ๐ฒ๐๐๐ฟ๐ฎ๐ถ๐ป๐๐:
Several factors are propelling the medical laser market forward:
โข ๐ฅ๐ถ๐๐ถ๐ป๐ด ๐๐ฒ๐บ๐ฎ๐ป๐ฑ ๐ณ๐ผ๐ฟ ๐ ๐ถ๐ป๐ถ๐บ๐ฎ๐น๐น๐ ๐๐ป๐๐ฎ๐๐ถ๐๐ฒ ๐ฃ๐ฟ๐ผ๐ฐ๐ฒ๐ฑ๐๐ฟ๐ฒ๐: Patients increasingly prefer minimally invasive procedures due to faster recovery times and reduced discomfort. Medical lasers meet this demand by offering precise and effective treatment options.
โข ๐๐ฟ๐ผ๐๐ถ๐ป๐ด ๐๐ผ๐ฐ๐๐ ๐ผ๐ป ๐๐ฒ๐๐๐ต๐ฒ๐๐ถ๐ฐ๐: The growing popularity of cosmetic procedures is driving the demand for aesthetic lasers for skin rejuvenation, hair removal, and body contouring.
โข ๐ง๐ฒ๐ฐ๐ต๐ป๐ผ๐น๐ผ๐ด๐ถ๐ฐ๐ฎ๐น ๐๐ฑ๐๐ฎ๐ป๐ฐ๐ฒ๐บ๐ฒ๐ป๐๐: Continuous advancements in laser technology are leading to the development of more powerful, precise, and user-friendly devices, expanding their applicability across various medical specialities.
However, certain limitations remain:
โข ๐๐ถ๐ด๐ต ๐๐ผ๐๐ ๐ผ๐ณ ๐๐พ๐๐ถ๐ฝ๐บ๐ฒ๐ป๐: The high upfront cost of medical laser systems can be a barrier for some healthcare providers.
โข ๐ฅ๐ฒ๐ด๐๐น๐ฎ๐๐ผ๐ฟ๐ ๐ฅ๐ฒ๐พ๐๐ถ๐ฟ๐ฒ๐บ๐ฒ๐ป๐๐: Strict regulatory requirements for laser use necessitate ongoing training and certification for healthcare professionals.
โข ๐๐ถ๐บ๐ถ๐๐ฒ๐ฑ ๐๐๐ฎ๐ฟ๐ฒ๐ป๐ฒ๐๐:Raising awareness about the benefits of medical lasers among both healthcare providers and patients remains crucial for wider adoption.
๐๐ผ๐ฟ ๐๐๐น๐น ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐ผ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ ๐ฉ๐ถ๐๐ถ๐: https://www.fortunebusinessinsights.com/industry-reports/medical-lasers-market-101071
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐ผ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ:
For a comprehensive understanding of the medical laser market, Fortune Business Insights' report offers in-depth analysis on:
โข ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฟ๐ผ๐๐๐ต ๐ฃ๐ฟ๐ผ๐ท๐ฒ๐ฐ๐๐ถ๐ผ๐ป๐: The report provides detailed market size and growth forecasts for the medical laser market over the forecast period.
โข ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป: The report segments the market based on the application type (surgery, dentistry, aesthetics, ophthalmology, oncology), laser type (CO2 lasers, diode lasers, Er: YAG lasers), and end-user (hospitals, clinics, ambulatory surgery centres).
โข ๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ: The report identifies key players in the market and analyzes their competitive strategies.
โข ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐๐ป๐๐ถ๐ด๐ต๐๐: The report provides insights into the growth potential of medical lasers in different geographical regions.
๐๐ฒ๐๐๐ต๐ฒ๐๐ถ๐ฐ๐ ๐๐ฒ๐ฎ๐ฑ ๐๐ต๐ฒ ๐๐ต๐ฎ๐ฟ๐ด๐ฒ:
Based on application type, the aesthetics segment currently holds the largest market share. This segment encompasses various laser-based procedures for skin resurfacing, wrinkle reduction, hair removal, and body sculpting.
๐ ๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ:
The medical laser market is a competitive space with established technology companies vying for market share alongside innovative startups developing new laser applications. This competition fosters continuous research and development, aiming to create more affordable, versatile, and user-friendly laser technologies.
๐ง๐ต๐ฒ ๐๐๐๐๐ฟ๐ฒ ๐ผ๐ณ ๐ ๐ฒ๐ฑ๐ถ๐ฐ๐ฎ๐น ๐๐ฎ๐๐ฒ๐ฟ๐:
The medical laser market is poised for continued growth as technological advancements, expanding applications, and increasing patient preference for minimally invasive procedures drive market expansion. Partnerships like BIOLASE's collaboration with PDS highlight the potential for medical lasers to revolutionize veterinary care as well. As the industry addresses remaining challenges like cost and awareness, medical lasers hold immense promise for shaping the future of healthcare across various sectors.
๐๐๐๐๐ผ๐บ๐ถ๐๐ฒ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐ฐ๐ฐ๐ผ๐ฟ๐ฑ๐ถ๐ป๐ด ๐ง๐ผ ๐ฌ๐ผ๐๐ฟ ๐๐ผ๐ป๐๐ฒ๐ป๐ถ๐ฒ๐ป๐ฐ๐ฒ: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/medical-lasers-market-101071
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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