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Medical Laser Market Trends

  • Report ID: GMI4417
  • Published Date: Dec 2024
  • Report Format: PDF

Medical Laser Market Trends

Technological advancements in medical lasers are a key factor driving industry expansion. Innovative technologies in medical lasers have significantly impacted overall business growth in recent years.
 

  • The introduction of easy-to-use, compact, and self-contained modules has created new growth opportunities by enhancing procedural outcomes across several therapeutic areas. The flexibility of these technologies has advanced their use in minimally invasive procedures for cleaning and revitalizing damaged tissues.
     
  • Companies in the industry are continuously developing new devices to improve precision and safety during operations. Recently, Summus Medical Laser introduced its Horizon medical laser system, specifically designed for the medical industry. This system is the first-of-its-kind Class IV diode laser, created with a dynamic combination of power, wavelength, and pulsing to deliver an optimal therapeutic laser dose in less time using condition-specific protocols.
     
  • Additionally, the growing demand for minimally invasive or non-invasive procedures to enhance physical appearance presents unprecedented growth opportunities for the medical laser industry. The increasing prevalence of obesity, congenital facial deformities, and skin conditions, combined with heightened awareness of aesthetic procedures, is driving the demand for these treatments. Developments in aesthetic medicines offering less invasive options, along with infrastructure improvements in healthcare facilities, will further accelerate the adoption of laser-based devices in the coming years.
Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The global medical laser industry was valued at USD 6.1 billion in 2024 and is projected to grow at a 17% CAGR from 2025 to 2034, driven by increasing demand for aesthetic treatments and the rise of medical tourism in developing countries.

The diode laser systems segment generated USD 1.9 billion in revenue in 2024, supported by their compact design, reliability, and energy efficiency, making them ideal for therapeutic and aesthetic procedures.

The U.S. medical laser market recorded USD 2.4 billion in revenue in 2024, driven by growing interest in non-invasive and minimally invasive aesthetic treatments and advancements in dermatology.

Key players in the market include Alcon Laboratories, Alma Lasers, American Medical Systems, Bausch & Lomb, BIOLASE, CANDELA CORPORATION, Cynosure, Dentsply Sirona, Fotona, IRIDEX Corporation, Koninklijke Philips, Lumenis, Ra Medical Systems, and Topcon Corporation.

Medical Laser Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 14
  • Tables & Figures: 70
  • Countries covered: 18
  • Pages: 135
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