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Medical Laser Market Size, Trends, Growth, Opportunities 2024-2032 | Lumenis, TOPCON Corporation, and El.En. S.p.A.

10-16-2024 08:53 AM CET | Health & Medicine

Press release from: Fortune Business Insights

Medical Laser Market

Medical Laser Market

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.

๐——๐—ถ๐˜€๐—ฐ๐—ผ๐˜ƒ๐—ฒ๐—ฟ ๐—ช๐—ต๐—ฎ๐˜ ๐—ฌ๐—ผ๐˜‚'๐—ฟ๐—ฒ ๐— ๐—ถ๐˜€๐˜€๐—ถ๐—ป๐—ด: ๐—š๐—ฒ๐˜ ๐—ฎ ๐—™๐—ฟ๐—ฒ๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ (๐—ฃ๐——๐—™) ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ: https://www.fortunebusinessinsights.com/enquiry/sample/medical-lasers-market-101071

๐—•๐—œ๐—ข๐—Ÿ๐—”๐—ฆ๐—˜ ๐—˜๐˜…๐—ฝ๐—ฎ๐—ป๐—ฑ๐˜€ ๐—ฉ๐—ฒ๐˜๐—ฒ๐—ฟ๐—ถ๐—ป๐—ฎ๐—ฟ๐˜† ๐—ฅ๐—ฒ๐—ฎ๐—ฐ๐—ต ๐—ง๐—ต๐—ฟ๐—ผ๐˜‚๐—ด๐—ต ๐—ฃ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ ๐˜„๐—ถ๐˜๐—ต ๐—ฃ๐—ฒ๐˜ ๐——๐—ฒ๐—ป๐˜๐—ฎ๐—น ๐—ฆ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฐ๐—ฒ๐˜€:

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.

๐—ง๐—ผ๐—ฝ ๐—ฃ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐— ๐—ฒ๐—ฑ๐—ถ๐—ฐ๐—ฎ๐—น ๐—Ÿ๐—ฎ๐˜€๐—ฒ๐—ฟ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜:

โ€ข Bausch Health Companies Inc. (Canada)
โ€ข Cynosure Lutronic (U.S.)
โ€ข Lumenis Be Ltd. (U.S.)
โ€ข Candela Corporation (U.S.)
โ€ข TOPCON CORPORATION (Japan)
โ€ข LUMIBIRD (France)
โ€ข IRIDEX Corporation (U.S.)
โ€ข Sisram Medical Ltd (Alma Lasers) (Israel)
โ€ข BIOLASE, Inc. (U.S.)
โ€ข El.En. S.p.A. (Italy)
โ€ข LAMEDITECH (Republic of Korea)

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐——๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ฅ๐—ฒ๐˜€๐˜๐—ฟ๐—ฎ๐—ถ๐—ป๐˜๐˜€:

Several factors are propelling the medical laser market forward:

โ€ข ๐—ฅ๐—ถ๐˜€๐—ถ๐—ป๐—ด ๐——๐—ฒ๐—บ๐—ฎ๐—ป๐—ฑ ๐—ณ๐—ผ๐—ฟ ๐— ๐—ถ๐—ป๐—ถ๐—บ๐—ฎ๐—น๐—น๐˜† ๐—œ๐—ป๐˜ƒ๐—ฎ๐˜€๐—ถ๐˜ƒ๐—ฒ ๐—ฃ๐—ฟ๐—ผ๐—ฐ๐—ฒ๐—ฑ๐˜‚๐—ฟ๐—ฒ๐˜€: 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.
โ€ข ๐—š๐—ฟ๐—ผ๐˜„๐—ถ๐—ป๐—ด ๐—™๐—ผ๐—ฐ๐˜‚๐˜€ ๐—ผ๐—ป ๐—”๐—ฒ๐˜€๐˜๐—ต๐—ฒ๐˜๐—ถ๐—ฐ๐˜€: The growing popularity of cosmetic procedures is driving the demand for aesthetic lasers for skin rejuvenation, hair removal, and body contouring.
โ€ข ๐—ง๐—ฒ๐—ฐ๐—ต๐—ป๐—ผ๐—น๐—ผ๐—ด๐—ถ๐—ฐ๐—ฎ๐—น ๐—”๐—ฑ๐˜ƒ๐—ฎ๐—ป๐—ฐ๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€: 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:

โ€ข ๐—›๐—ถ๐—ด๐—ต ๐—–๐—ผ๐˜€๐˜ ๐—ผ๐—ณ ๐—˜๐—พ๐˜‚๐—ถ๐—ฝ๐—บ๐—ฒ๐—ป๐˜: The high upfront cost of medical laser systems can be a barrier for some healthcare providers.
โ€ข ๐—ฅ๐—ฒ๐—ด๐˜‚๐—น๐—ฎ๐˜๐—ผ๐—ฟ๐˜† ๐—ฅ๐—ฒ๐—พ๐˜‚๐—ถ๐—ฟ๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€: Strict regulatory requirements for laser use necessitate ongoing training and certification for healthcare professionals.
โ€ข ๐—Ÿ๐—ถ๐—บ๐—ถ๐˜๐—ฒ๐—ฑ ๐—”๐˜„๐—ฎ๐—ฟ๐—ฒ๐—ป๐—ฒ๐˜€๐˜€:Raising awareness about the benefits of medical lasers among both healthcare providers and patients remains crucial for wider adoption.

๐—™๐—ผ๐—ฟ ๐—™๐˜‚๐—น๐—น ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐—ฉ๐—ถ๐˜€๐—ถ๐˜: https://www.fortunebusinessinsights.com/industry-reports/medical-lasers-market-101071

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ:

For a comprehensive understanding of the medical laser market, Fortune Business Insights' report offers in-depth analysis on:

โ€ข ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐—ฃ๐—ฟ๐—ผ๐—ท๐—ฒ๐—ฐ๐˜๐—ถ๐—ผ๐—ป๐˜€: The report provides detailed market size and growth forecasts for the medical laser market over the forecast period.
โ€ข ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป: 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).
โ€ข ๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ: The report identifies key players in the market and analyzes their competitive strategies.
โ€ข ๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€: The report provides insights into the growth potential of medical lasers in different geographical regions.

๐—”๐—ฒ๐˜€๐˜๐—ต๐—ฒ๐˜๐—ถ๐—ฐ๐˜€ ๐—Ÿ๐—ฒ๐—ฎ๐—ฑ ๐˜๐—ต๐—ฒ ๐—–๐—ต๐—ฎ๐—ฟ๐—ด๐—ฒ:

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—” ๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ:

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.

๐—ง๐—ต๐—ฒ ๐—™๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ ๐—ผ๐—ณ ๐— ๐—ฒ๐—ฑ๐—ถ๐—ฐ๐—ฎ๐—น ๐—Ÿ๐—ฎ๐˜€๐—ฒ๐—ฟ๐˜€:

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.

๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฒ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—”๐—ฐ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ด ๐—ง๐—ผ ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—–๐—ผ๐—ป๐˜ƒ๐—ฒ๐—ป๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/medical-lasers-market-101071

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