A new Report by Delvens, titled "Medical Lasers Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global Medical Lasers market size was estimated at USD 4.6 billion in 2023 and is projected to reach USD 10.49 billion in 2030 at a CAGR of 12.5% during the forecast period 2024-2030.
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The medical laser market is experiencing robust growth, driven by a confluence of technological advancements and an increasing preference for minimally invasive procedures. Medical lasers have become indispensable tools in a variety of medical fields, including dermatology, ophthalmology, dentistry, and aesthetics.
The versatility and precision of laser technology have made it a preferred option for both practitioners and patients, contributing to the market's upward trajectory. One of the primary drivers of this growth is the rising demand for minimally invasive procedures, which offer significant advantages over traditional surgical methods. These procedures typically result in shorter recovery times, reduced pain, and lower risk of complications, making them highly attractive to patients seeking effective and convenient treatment options.
Key Findings:
On the basis of Product, the medical laser market is divided into diode lasers, solid-state lasers, gas lasers, and dye lasers. In 2023, diode lasers led the market with a revenue share of 41.9% due to their diverse applications in aesthetic procedures and photodynamic therapy.
On the basis of Application, the application segment of the medical laser market is divided into dermatology, ophthalmology, dentistry, gynaecology, urology, cardiovascular, and others. In 2023, the dermatology segment led the market, holding the largest revenue share of 26.7%.
Asia Pacific to Dominate the Market
- North America dominated the medical laser systems market, accounting for the largest revenue share of 44.2% in 2023. This region benefits from advanced healthcare infrastructure, high healthcare expenditure, and the strong presence of key players such as Boston Scientific Corporation, Philips Healthcare, Stryker, IRIDEX Corporation, Bausch Lomb Incorporated, and BIOLASE, Inc.
- As chronic disease prevalence rises, the demand for medical laser systems in North America is expected to grow substantially. The region is a hub for research and development, leading to continuous technological advancements in medical lasers. These innovations enhance efficiency, precision, and versatility, improving treatment outcomes and expanding the scope of laser-based medical procedures.
Competitive Landscape
- Boston Scientific Corporation
- AngioDynamics
- CANDELA CORPORATION
- Philips Healthcare
- Stryker
- IRIDEX Corporation
- Lumenis Be Ltd.
- CryoLife, Inc.
- Bausch Lomb Incorporated
- BIOLASE, Inc.
- Alcon Laboratories, Inc.
- American Medical Systems
- Photomedex
- Novadaq Technologies, Inc.
- Fujikura Ltd.
- LASOS Lasertechnik GmbH
- Modu-Laser
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Recent Developments
In March 2022, Cynosure announced the launch of the PicoSure Pro system, which is the only FDA-cleared 755nm picosecond laser using rapid pressure pulses rather than heat. This cutting-edge technology offers safe and effective solutions for pigmentation removal and skin rejuvenation across all skin types.
In March 2021, Bausch Health Companies Inc. and its Solta Medical division launched the Clear + Brilliant Touch laser in the United States. This new-generation device introduces an advanced treatment protocol featuring dual wavelengths, providing tailored benefits for patients across different age groups and skin types.
The Medical Lasers Market is segmented into various segments such as Product, Application, End Users, and Region:
Based on Product
- Diode Lasers
- Solid State (Crystal) Lasers
- Gas Lasers
- Dye Lasers
Based on Application
- Dermatology
- Ophthalmology
- Gynaecology
- Urology
- Dentistry
- Cardiology
- Others
Based on End Users
- Hospitals
- Specialty Clinics
- Others
The Report helps to identify the opportunities in Global Regions:
- North America (the United States, Canada, and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
- South America (Brazil etc.)
- The Middle East and Africa (North Africa and GCC Countries)
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In addition to the market data for the Medical Lasers Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements.
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