Medical Lasers Market Report 2025

This Medical Lasers market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The medical lasers market size has grown rapidly in recent years. It will grow from $7.08 billion in 2024 to $8.05 billion in 2025 at a compound annual growth rate (CAGR) of 13.8%. The growth in the historic period can be attributed to increasing prevalence of chronic diseases, aging population, growing minimally invasive procedures, increasing demand for aesthetic and cosmetic procedures, expanding range of medical applications.

The medical lasers market size is expected to see rapid growth in the next few years. It will grow to $13.57 billion in 2029 at a compound annual growth rate (CAGR) of 13.9%. The growth in the forecast period can be attributed to growing healthcare infrastructure, growing demand for personalized medicine, patient awareness and demand, increasing awareness of medical lasers. Major trends in the forecast period include advancements in laser technology, fiber and diode lasers, telemedicine and remote surgery, nanosecond and picosecond lasers, green and yellow lasers.

The growing demand for minimally invasive procedures has been a significant driver of the medical lasers market's expansion in recent years. The increasing popularity of aesthetic and cosmetic treatments worldwide has led to a surge in demand for minimally invasive surgical techniques. For instance, in March 2023, according to a report published by The British Association of Aesthetic Plastic Surgeons (The BAAPS), a UK-based organization, a total of 31,057 cosmetic procedures were performed in 2022, marking a 102% increase compared to the previous year. This widespread use of medical lasers for minimally invasive aesthetic and cosmetic surgeries has significantly boosted the demand for medical lasers in the market.

The expansion of dental treatment services is expected to be a key driver of future growth in the medical lasers market. Dental treatment services encompass various procedures and interventions conducted by dental professionals to maintain and enhance oral health. Factors contributing to the growth of dental treatment services include increasing awareness of dental health, an aging population, a growing interest in cosmetic dentistry, and technological advancements in the field. For example, according to an article published by the Centers For Disease Control and Prevention in September 2023, over 80% of individuals will have experienced at least one cavity by the age of 34, with up to 10% of children aged 2 to 5 having untreated cavities, and more than 90% of adults having had cavities. The nation's annual expenditure on dental care-related costs exceeds $124 billion. Consequently, the expansion of dental treatment services is anticipated to be a major driver of growth for the medical lasers market in the coming years.

The high cost of surgeries poses a limitation to the growth of the medical laser market. The elevated costs associated with medical laser treatments have restricted their adoption and demand, particularly for minimally invasive surgeries. As an example, the average cost of LASIK surgery in the USA was $1,500 per eye in 2021. Therefore, the consistently high cost of such procedures is likely to act as a hindrance to the growth of the medical lasers market.

Prominent companies in the medical lasers market are introducing innovative laser equipment like the ULTRApulse Alpha to gain a competitive advantage. The ULTRApulse Alpha combines the benefits of CO₂ laser technology with a sophisticated yet user-friendly platform, allowing aesthetic providers to effectively address a wide range of medical indications. For instance, in March 2023, Lumenis, an Israel-based company specializing in energy-based solutions for the aesthetic and vision sectors, launched the ULTRApulse Alpha CO2 laser in the UK market. This advanced laser system features a modern and user-friendly Graphical User Interface (GUI) equipped with presets and intelligent automation capabilities for a variety of treatments, including skin resurfacing, scar revision, and less invasive aesthetic procedures such as Blepharoplasty.

Major companies in the medical lasers market are focusing on developing all-tissue laser systems to improve surgical precision and versatility, enabling the treatment of a wide range of tissues in various medical procedures. An all-tissue laser system is a laser technology designed to interact effectively with different types of biological tissues, including soft tissue, hard tissue (bone), and other structures within the body. It can perform over 80 different procedures on soft tissue, hard tissue, and bone, making it one of the most versatile dental lasers available. For instance, in February 2024, BIOLASE, Inc., a US-based company, launched the Waterlase iPlus Premier Edition, an advanced all-tissue laser system. This system features a larger touchscreen display and an improved graphical user interface, offering intuitive controls that enhance usability. On-board animations and protocol guides help practitioners easily integrate laser procedures into their practice. Utilizing patented technology, the Waterlase system provides a minimally invasive alternative to traditional dental tools such as drills and scalpels.

Medical lasers are specialized devices that utilize focused light energy to carry out a range of medical and surgical procedures. These lasers emit high-intensity, targeted beams of light at specific wavelengths, enabling precise treatments on tissues while minimizing damage to surrounding areas. Medical lasers can cut, vaporize, or seal tissues, providing minimally invasive options that offer quicker recovery times and reduced bleeding.

The primary categories of medical lasers include solid-state laser systems, gas laser systems, dye laser systems, and diode laser systems. Solid-state laser systems utilize a solid medium as the gain medium, in contrast to liquid (as seen in dye lasers) or gas (as in gas lasers). These medical lasers find applications in various fields, including surgical, cosmetic, and dental procedures. They are employed by a range of healthcare specialists, such as ophthalmologists, dermatologists, gynecologists, dentists, urologists, cardiovascular specialists, and others.

The medical lasers market research report is one of a series of new reports that provides medical lasers market statistics, including medical lasers industry global market size, regional shares, competitors with a medical lasers market share, detailed medical lasers market segments, market trends and opportunities, and any further data you may need to thrive in the medical lasers industry. This medical lasers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

In January 2024, Hahn & Company, a South Korea-based company, acquired Cynosure LLC for an undisclosed amount. This acquisition allows Hahn & Company to expand its portfolio by incorporating Cynosure's expertise in the development of medical and aesthetic lasers. Cynosure LLC, a US-based company, specializes in manufacturing medical and aesthetic lasers.

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.

North America was the largest region in the medical lasers market in 2024. 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. The countries covered in the medical lasers market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The medical lasers market consists of sales of solid-state laser systems, gas laser systems, dye laser systems, and diode laser systems. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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