Medical Lasers Market Poised for Robust Growth, forecasted to Expand at 9.61% CAGR from 2024-30

MarkNtel Advisors has released its latest report highlighting strong growth in The Global Medical Lasers Market size was valued at USD 4.98 billion in 2023 and is projected to reach USD 9.85 billion by 2030. The market is also estimated to grow at a CAGR of around 9.61% during the forecast period, i.e., 2024-30.

Report Coverage: Size, Scope and Share

This report offers a comprehensive analysis of the Medical Lasers Market, providing valuable insights across historical trends, current dynamics, and future forecasts.

• Base Year: 2023
• Forecast Years: 2024-30
• Historical Years: 2019-22

How big is Medical Lasers Market?

In recent times, high protein diets, unhealthy lifestyle practices, excess body weight, less water intake, medical conditions, previous intestinal surgeries, medications, etc., have resulted in many people suffering from kidney stones. As the condition is associated with a tremendous amount of pain and discomfort and in severe cases resulting in kidney failure, patients tend to go for stone removal procedures which involve the usage of medical lasers. Considering that, the market for Medical Lasers has been witnessing growth globally.

What factor drive Medical Lasers market growth during 2024-30?

Increasing Prevalence of Ophthalmological Diseases – Worldwide, there has been a surge in the number of eye-related diseases such as cataracts & glaucoma. As a result, the need for laser eye surgeries or vision surgeries to treat eye diseases, prevent further loss of sight, and restore vision has increased. This has successfully augmented the demand for medical lasers, thereby positively impacting the overall market growth.  

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How Medical Lasers Market Are Segmented?

The Medical Lasers is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

By Technology

• Solid-State Laser Systems
  • ER: YAG Laser Systems
  • ND: YAG Laser Systems
  • HO: YAG Laser Systems
  • Alexandrite Laser Systems
  • Others
• Gas Laser Systems
  • CO2 Laser Systems
  • Argon Laser Systems
  • Krypton Laser Systems
  • Excimer Laser Systems
  • Others
• Pulsed Dye Laser Systems
• Diode Laser Systems
• Others

By Application

• Aesthetics/Cosmetics Applications
  • Hair Removal
  • Tattoo Removal
  • Acne and Scan Removal
  • Others
• Dermatology Applications
• Dental Applications
• Urology Applications
• Ophthalmology Applications
• OB/GYN Applications
• Oncology Applications
• Cardiovascular Applications
• Others

By End-User

• Hospitals and Surgical Centers
• Dermatology and Dental Clinics
• Medical & Beauty Spas
• Home-use and Self-care
• Others

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

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Who is the leader in the Medical Lasers market?

By MarkNtel Advisors the Top Medical Lasers manufacturer/companies globally are Boston Scientific Corporation, Johnson & Johnson Vision Care, Inc., Alcon Inc., Carl Zeiss Meditec Ag, Candela Corporation, Lumenis Be Ltd., Cutera, Inc., Bausch Health Companies Inc., El.En. S.P.A., Alma Lasers, Fotona, Ipg Photonics Corporation, Bison Medical, AMD Lasers, and Others as key players shaping the market landscape.

What are latest advancement in the Medical Lasers sector?

• 2023: Candela Corporation revealed that the Vbeam® 595 nm pulsed dye laser, widely considered a top-of-the-line option for vascular therapy, has been granted an unprecedented FDA clearance to be used in treating port wine stains and hemangiomas among pediatric patients.
• 2023: Bausch + Lomb Corporation announced that the US FDA has approved Modulight Corporation's ML6710i photodynamic laser for use with Bausch + Lomb's VISUDYNE® photodynamic therapy (PDT) to treat patients with predominantly classic subfoveal choroidal neovascularization in Age-related Macular Degeneration (AMD).

Why This Research Report:

• In-depth Market Analysis: Understand trends and dynamics shaping growth.
• Segmented Insights: Target specific segments for focused strategies.
• Regional Performance: Assess market opportunities by geographic area.
• Emerging Technologies: Discover advancements like AI integration.
• Risk Identification: Pinpoint challenges to inform strategic planning.
• Future Forecasts: Prepare for market changes with actionable projections.

Need tailored data? We offer customized forecasts by region, product segmentation, and competitive intelligence upon request — now with an exclusive special pricing offer – Customized Link

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