Laser Therapy Devices Market: By Product, By Application, By End User By Region Forecast 2019 - 2030

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Laser Therapy Devices Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product (Solid-State Laser, Gas Laser, Liquid Laser, Semiconductor Laser), By Application (Dermatology, Dentistry, Gynaecology, Ophthalmology, Urology, and Others), By End User (Hospitals, Ambulatory Surgical Centers and Others) By Region Forecast 2019 - 2030

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Laser Therapy Devices Market size was valued at US$ 1,818.8 million in 2023 and is expected to reach US$ 3,499.4 million by 2030, at a CAGR of 9.8% from 2024 to 2030. Laser therapy is a noninvasive medical process that employs light of a certain wavelength to treat cancers and aberrant growth, remove kidney stones, and restore damaged retinas, among other things. Laser therapy is a type of medical therapy that is deemed sophisticated. In medicine, lasers enable surgeons to work with extreme precision by focusing on a specific location. When compared to standard surgical approaches, this procedure causes less damage to the target. However, laser therapy is pricey and may necessitate multiple trips to surgeons.

The market for laser therapy devices is increasing, and this device is also used to block abrupt nerve endings after surgery or operations, to aid lymph vessels minimise swelling, and to help blood vessels prevent blood loss. Laser therapy has now established itself as an important component of ophthalmology. The treatment in laser-based ophthalmology focuses on a beam of light that reshapes the cornea, improving corneal focusing instantaneously. Laser Therapy can also be used to build a specific channel in the eye to relieve glaucoma's varying intraocular pressures or a large number of small hemorrhages.

Laser Therapy Devices Market Key Developments

  • In February 2017, Hologic Inc. signed agreement to acquire Cynosure, Inc. This acquisition will expand Hologic's woman health portfolio with the more than 20 products including the laser therapy devices.
  • In August 2015, Boston Scientific has acquired three mens health devices from the American Medical systems for US$1.6Bn. The devices include Light Green laser therapy systems for noncancerous enlargement of prostate.

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Laser Therapy Devices Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

9.8%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Laser Therapy Devices Market Dynamics

Global laser therapy devices market is mainly driven by rise in demand for noninvasive laser therapies in aesthetic treatment. In addition, rise in prevalence of cancer and technological advancements in laser therapy techniques such as cold laser therapy are expected to boost the global market over the forecast period. Furthermore, advantages over the conventional surgical procedures such as short hospital stay and no need of surgical procedure stimulating the adoption of the laser therapy by the patients and healthcare professions. However, stringent regulatory issues and probability of getting cancer due to laser therapies may hinder the market growth over the forecast period.

Laser Therapy Devices Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 1,818.8 million

Market Size in 2030

US$ 3,499.4 million

Market CAGR

9.8%

By Product Type

  • Solid-State Laser
  • Gas Laser
  • Liquid Laser
  • Semiconductor Laser

By Application

  • Dermatology
  • Dentistry
  • Gynaecology
  • Ophthalmology
  • Urology
  • Others

By End User

  • Hospitals
  • Ambulatory Surgical Centres
  • Others

By Region

  • North America (USA, Canada)
  • Europe (Germany, UK, France, Spain, Italy , Rest of Europe)
  • The Asia Pacific (China, India, Japan, Australia, South Korea, Rest of Asia- Pacific)
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
  • MEA (Saudi Arabia, UAE, South Africa, Rest of MEA)

Key Features of the Report

  • The laser therapy devices market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenarios.
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis 

 

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Frequently Asked Questions

The global laser therapy devices market size was valued at US$ 1,818.8 million in 2023 and is projected to grow at a CAGR of 9.8% from 2024 to 2030.

The market key players are: IPG Photonics Corporation (U.S.) Boston Scientific Corporation (U.S.) Coherent, Inc. (U.S.) Lumenis Ltd. (Israel) Hologic Inc. (U.S.) Biolitec AG (Germany) Fotona d.d. (Slovenia) Alma Lasers, Ltd. (Israel) Thermo Fisher Scientific, Inc. (U.S.) The Danaher Corporation (U.S.)

The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Global Laser Therapy Devices Market Introduction 
2.1.Global Laser Therapy Devices Market  - Taxonomy
2.2.Global Laser Therapy Devices Market  - Definitions
2.2.1. By Product Type 
2.2.2. By Application
2.2.3. By End User
2.2.4. Region
3. Global Laser Therapy Devices Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Laser Therapy Devices Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Laser Therapy Devices Market  By Product Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Solid-State Laser
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Gas Laser
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Liquid Laser
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Semiconductor Laser
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6. Global Laser Therapy Devices Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Dermatology
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Dentistry
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Gynaecology
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Ophthalmology
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Urology
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Others
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7. Global Laser Therapy Devices Market  By  End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Hospitals
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Ambulatory Surgical Centres
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Others
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
8. Global Laser Therapy Devices Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Laser Therapy Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Product Type  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Solid-State Laser
9.1.2.Gas Laser
9.1.3.Liquid Laser
9.1.4.Semiconductor Laser
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Dermatology
9.2.2.Dentistry
9.2.3.Gynaecology
9.2.4.Ophthalmology
9.2.5.Urology
9.2.6.Others
9.3.   End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Hospitals
9.3.2.Ambulatory Surgical Centres
9.3.3.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10. Europe Laser Therapy Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Solid-State Laser
10.1.2.Gas Laser
10.1.3.Liquid Laser
10.1.4.Semiconductor Laser
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Dermatology
10.2.2.Dentistry
10.2.3.Gynaecology
10.2.4.Ophthalmology
10.2.5.Urology
10.2.6.Others
10.3.   End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Hospitals
10.3.2.Ambulatory Surgical Centres
10.3.3.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) Laser Therapy Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Solid-State Laser
11.1.2.Gas Laser
11.1.3.Liquid Laser
11.1.4.Semiconductor Laser
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Dermatology
11.2.2.Dentistry
11.2.3.Gynaecology
11.2.4.Ophthalmology
11.2.5.Urology
11.2.6.Others
11.3.   End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Hospitals
11.3.2.Ambulatory Surgical Centres
11.3.3.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Laser Therapy Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Solid-State Laser
12.1.2.Gas Laser
12.1.3.Liquid Laser
12.1.4.Semiconductor Laser
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Dermatology
12.2.2.Dentistry
12.2.3.Gynaecology
12.2.4.Ophthalmology
12.2.5.Urology
12.2.6.Others
12.3.   End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Hospitals
12.3.2.Ambulatory Surgical Centres
12.3.3.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Laser Therapy Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Solid-State Laser
13.1.2.Gas Laser
13.1.3.Liquid Laser
13.1.4.Semiconductor Laser
13.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Dermatology
13.2.2.Dentistry
13.2.3.Gynaecology
13.2.4.Ophthalmology
13.2.5.Urology
13.2.6.Others
13.3.   End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Hospitals
13.3.2.Ambulatory Surgical Centres
13.3.3.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.IPG Photonics Corporation (U.S.)
14.2.2.Boston Scientific Corporation (U.S.)
14.2.3.Coherent, Inc. (U.S.)
14.2.4.Lumenis Ltd. (Israel)
14.2.5.Hologic Inc. (U.S.)
14.2.6.Biolitec AG (Germany)
14.2.7.Fotona d.d. (Slovenia)
14.2.8.Alma Lasers, Ltd. (Israel)
14.2.9.Thermo Fisher Scientific, Inc. (U.S.)
14.2.10.The Danaher Corporation (U.S.)
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • IPG Photonics Corporation (U.S.)
  • Boston Scientific Corporation (U.S.)
  • Coherent, Inc. (U.S.)
  • Lumenis Ltd. (Israel)
  • Hologic Inc. (U.S.)
  • Biolitec AG (Germany)
  • Fotona d.d. (Slovenia)
  • Alma Lasers, Ltd. (Israel)
  • Thermo Fisher Scientific, Inc. (U.S.)
  • The Danaher Corporation (U.S.)

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