Report Highlights
The global market for medical lasers is estimated to increase from $1.6 billion in 2023 to reach $3.3 billion by 2028, at a compound annual growth rate (CAGR) of 15.2% from 2023 through 2028.
Report Includes
- 33 data tables and 27 additional tables
- An overview of the global markets and technologies for medical lasers
- Analyses of global market trends, with data from 2020-2022, estimates for 2023 and projections of compound annual growth rates (CAGRs) through 2028
- Highlights of the market potential and characterization of medical lasers market based on technology, end-user type, and region
- Detailed description about basic concepts, principles, and components of lasers with laser operations and discussion on effects of lasers on human tissue and medical treatments using lasers
- Discussion on innovation, technological advancements, and market drivers and restraints
- Information on recent mergers, acquisitions, collaborations, agreements, partnerships, product launches, and expansions in the market and a relevant patent analysis
- Detailed company profiles of major players in the market, including Nidek, Cynosure, Ziess Group, Johnson & Johnson Vision Care, Bausch + Lomb, and Lumibird Medical
Report Scope
This report aims to provide a comprehensive study of the global medical laser market. It provides a detailed description of the different types of medical laser products and technologies, as well as their current and historical market revenues.
Medical lasers can be separated by their differing modalities and technologies, along with their applications. Medical laser technologies include solid-state, semiconductor diode and gas lasers.
This report also covers a detailed study of therapeutic applications of medical lasers, including thermal-photoablation, photocoagulation, photodisruption, selective photo thermolysis and photodynamic. This in-depth analysis of the global medical laser market includes historical data and market projections for sales segments by technology and system type, modality, application, end use and region.
Profiles of market participants, key marketed products, competitive landscape, key competitors, and their respective market shares have been provided for an in-depth understanding of the market. This report also discusses the global market’s driving and restraining factors.
Report Synopsis
| Report Metrics | Details | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2022 | ||||||||
| Forecast period considered | 2023-2028 | ||||||||
| Base year market size | $1.5 billion | ||||||||
| Market size forecast | $3.3 billion | ||||||||
| Growth rate | CAGR of 15.2% for the forecast period of 2023-2028 | ||||||||
| Units considered | $ Millions | ||||||||
| Segments covered | technology, application, modality, end users, region, and country | ||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) | ||||||||
| Countries covered | U.S., Mexico, Canada, France, Germany, U.K., Italy, Spain, China, India, Japan, Australia, Middle East, Africa, and South America, GCC countries and Brazil | ||||||||
| Key Market Drivers |
|
||||||||
| Companies studied |
|
||||||||
Frequently Asked Questions (FAQs)
- Aging Global Population & Chronic Disease Surgery
- Developments in Cosmetic Surgery Using Laser Technology
- Emerging Medical Tourism for Aesthetic and Cosmetic Treatment
- Cynosure Inc.
- Iridex Corp.
- Lumenis Ltd.
- Nidek Co. Ltd.
- Johnson & Johnson Vision Care
- Lumibird Medical
- Zeiss Meditec Ag
Analyst Credentials
Partha Sarathi Das– Associate Consultant-Life Science Research
Partha Sarathi has an experience of nearly a decade in multiple domains, including healthcare, life science, biotechnology, pharmaceuticals, and healthcare IT. His expertise is in designing research studies, gathering data, and performing analysis, ultimately providing clients with actionable insights and recommendations based on their unique business needs. Designs proposal and participates in client queries for quick delivery based on their unique business needs. Academically, Parthasarathi holds a master’s degree in Biotechnology and a bachelor’s degree in Industrial Biotechnology.
Report Highlights
The global market for medical lasers reached nearly $5.0 billion in 2016. This market is expected to increase from $5.6 billion in 2016 to nearly $11.5 billion in 2022 at a compound annual growth rate (CAGR) of 15.3% for 2017-2022.
Report Includes
- An in-depth analysis of the global market and technologies for medical lasers.
- Analyses of global market trends, with data from 2015 and 2016, and projections of compounds annual growth rates (CAGRs) through 2021.
- Coverage of different types of medical lasers and their main applications.
- Patent analysis.
- Comprehensive company profiles of key players in the field.
Report Highlights
The global market for medical laser devices was at nearly $3.7 billion in 2013. This market is expected to increase from more than $4.1 billion in 2014 to nearly $7.8 billion in 2019, with compound annual growth rate (CAGR) of 13.6% over the five-year period from 2014 to 2019.
Report Includes
- An in-depth analysis of the global markets and technologies for medical lasers.
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compounds annual growth rates (CAGRs) through 2019.
- Coverage of different types of medical lasers and their main applications.
- Relative patent analysis.
- Comprehensive company profiles of key players in the medical lasers field.
Report Highlights
The global market for medical laser devices was $2.7 billion in 2010. As it recovers from the effects of the recent recession, the market is expected to increase to more than $3 billion in 2011 and $6.8 billion in 2016, a compound annual growth rate (CAGR) of 17.3% over the 5-year period.
Report Highlights
- Global market for medical lasers by end use was worth approximately $2.7 billion in 2008. This market declined to less than $2.3 billion in 2009 under the impact of the recession in many of the world’s major economies, it is projected to grow to nearly $4.8 billion between 2009 and 2014, at a CAGR of 16.1% over the 5-year period
- Therapeutic laser applications market was nearly $2.3 billion in 2008; this further decreased to $1.9 billion in 2009, this is projected to reach $3.7 billion in 2014, for a 5-year CAGR of 13.3%.
- Diagnostic application market was $330 million in 2008; this further decreased to $328 million in 2009, this is projected to reach $1.2 billion in 2014, for a 5-year CAGR of 28.9%.
Related Reports
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Market for Pain Management Drugs and Devices
The global market for pain management drugs and devices is expected to increase from $84.6 billion in 2023 to $109.9 billion by the end of 2028, with a compound annual growth rate (CAGR) of 5.4% during the forecast period of 2023-2028.
Global Markets and Technologies for Medical Lasers
The global market for medical lasers is estimated to increase from $1.6 billion in 2023 to reach $3.3 billion by 2028, at a compound annual growth rate (CAGR) of 15.2% from 2023 through 2028.
Lasers: Global Markets to 2024
The global directed-energy and military lasers market should reach $14.6 billion by 2024 from $8.9 billion in 2019 at a compound annual growth rate (CAGR) of 10.3% for the period of 2019 to 2024.
Recent Reports
CRISPR Technology: Global Markets
The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.
Chronic Disease Management: Therapeutics, Device Technologies and Global Markets
The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Point-of-Care Diagnostics: Technologies and Global Markets
The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.
Infusion Pumps and Devices: Technologies and Global Markets
The global market for infusion pumps is expected to grow from $10.1 billion in 2024 and is projected to reach $14.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.7% during the forecast period of 2024 to 2029.
Top Trending Reports
AI in Clinical and Molecular Diagnostics Market
The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.
Point-of-Care Diagnostics: Technologies and Global Markets
The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
CRISPR Technology: Global Markets
The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More