Press release
Medical Lasers Market Size Forecasted To Achieve $13.57 Billion By 2029 With Steady Growth
The Medical Lasers Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Medical Lasers Market Size and Projected Growth Rate?
The medical lasers market has expanded rapidly in recent years. It will grow from $7.08 billion in 2024 to $8.05 billion in 2025, reflecting a CAGR of 13.8%. This increase is attributed to the rising prevalence of chronic diseases, an aging population, a surge in minimally invasive procedures, increasing demand for aesthetic treatments, and a broadening scope of medical applications.
The medical lasers market is expected to experience rapid growth, reaching $13.57 billion by 2029, with a CAGR of 13.9%. Growth is attributed to the expansion of healthcare infrastructure, rising demand for personalized medicine, patient awareness, and increasing interest in medical lasers. Trends in the forecast period include advancements in laser technology, fiber and diode lasers, telemedicine, remote surgery, nanosecond and picosecond lasers, and green and yellow lasers.
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What Are the Major Segments in the Medical Lasers Market?
The medical lasers market covered in this report is segmented -
1) By Product Type: Solid State Laser Systems, Gas Laser Systems, Dye Laser Systems, Diode Laser Systems
2) By Application: Surgical , Cosmetic , Dental
3) By End Use: Ophthalmology, Dermatology, Gynecology, Dentistry, Urology, Cardiovascular, Other End Users
Subsegments:
1) By Solid State Laser Systems: Nd:YAG Lasers, Alexandrite Lasers, Ruby Lasers, Erbium Lasers
2) By Gas Laser Systems: CO2 Lasers, Argon Lasers, Nitrous Oxide Lasers
3) By Dye Laser Systems: Rhodamine Lasers, Coumarin Lasers
4) By Diode Laser Systems: Gallium Arsenide (GaAs) Diode Lasers, Gallium Nitride (GaN) Diode Lasers
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What Are The Driving Medical Lasers Market Evolution?
The growing preference for minimally invasive procedures is driving the medical lasers market. Aesthetic and cosmetic procedures have seen a surge globally. According to a March 2023 report by The BAAPS, 31,057 cosmetic surgeries were conducted in 2022, marking a 102% rise from the previous year. The increasing use of lasers in such procedures is supporting market growth.
Which Firms Dominate The Medical Lasers Market Segments?
Major companies operating in the medical lasers market include El.En. S.p.A., Ellex Medical Lasers Ltd., Lumenis, Alcon Laboratories Inc., AngioDynamics Corp., American Medical Systems Inc., Biolase Inc., Bausch & Lomb Holdings, Cardiogenesis Corporation Inc., Boston Scientific Corporation, IRIDEX Corp., Novadaq Technologies Inc., Photomedex Inc., Spectranetics Corporation, Syneron Candela, Cryolife Inc., Novartis AG, Topcon Corporation, Fotona d.o.o., Sisram Medical Ltd., Kern Electronics & Lasers, Boss Laser LLC., Automark, Corning Incorporated, Coherent Inc., IPG Photonics Corporation, Jenoptik AG, Lumibird Medical, Iridex Corporation, Mevion Medical Systems, Vision RT, IsoRay Inc., RefleXion Medical, Alpha Tau Medical, Nanobiotix S.A.
What Trends Are Expected to Dominate the Medical Lasers Market in the Next 5 Years?
Companies in the medical lasers market are introducing advanced laser equipment like ULTRApulse Alpha to maintain a competitive edge. The device merges CO2 laser technology with an intuitive platform for various aesthetic treatments. For instance, Lumenis launched the ULTRApulse Alpha CO2 laser in March 2023, which features a user-friendly interface and intelligent automation for skin resurfacing and other aesthetic procedures.
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Which Is The Largest Region In The Medical Lasers Market?
North America was the largest region in the medical lasers market in 2023. Asia-Pacific was the second-largest region in the global medical lasers market share. The regions covered in the medical lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Medical Lasers Market?
2. What is the CAGR expected in the Medical Lasers Market?
3. What Are the Key Innovations Transforming the Medical Lasers Industry?
4. Which Region Is Leading the Medical Lasers Market?
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