Global Medical Lasers Market Size, Share, Trends, Demand, Growth and Competitive Analysis 2030

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global Medical Lasers Market (2024-2030):

According to the latest report, the Global Medical Lasers Market size 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. The report demonstrates the prominent factors propelling the exponential growth of the Global Medical Lasers Market.


Key Takeaways: Beneficial for Stakeholders and Clients

·        Historic Period: 2019-2022

·        Base year: 2023

·        Forecast Years: 2024-2030

·        CAGR (2024-30): 9.61%

·        Market Value (2023): USD 4.98 Billion

·        Market Value (2030): USD 9.85 Billion  

Key Perks: “In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecasts for the years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.”

Download a sample PDF of this report to gain insights into the complete report structure : https://www.marknteladvisors.com/query/request-sample/medical-lasers-market.html

What are the major Driver the Global Medical Lasers Market?

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.  

The number of old age people is increasing globally as evidenced by the World Bank data which stated 805,167,113 people were aged 65 and above in 2023, up from 737,239,689 in 2020. This rise in aged individuals has further propelled the market growth of medical lasers. This is because with increasing age the risk for some eye diseases like cataracts, AMD, etc. increases, and those aged individuals require laser surgeries to be able to see again clearly. The fact mentioned by the National Eye Institute also highlights that people aged 55 and older are most likely to have AMD. Hence, considering the aforementioned factors, the Global Medical Lasers Market has been witnessing tremendous growth and would continue with positive growth in the coming years as well.

Global Medical Lasers Market Segmentation

The Global Medical Lasers Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

  • By Technology
    • Solid-State Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
      • ER: YAG Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
      • ND: YAG Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
      • HO: YAG Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
      • Alexandrite Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
      • Others- Market Size & Forecast 2019-2030, (USD Million)
    • Gas Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
      • CO2 Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
      • Argon Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
      • Krypton Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
      • Excimer Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
      • Others- Market Size & Forecast 2019-2030, (USD Million)
    • Pulsed Dye Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
    • Diode Laser Systems- Market Size & Forecast 2019-2030, (USD Million)
    • Others- Market Size & Forecast 2019-2030, (USD Million)
  • By Application
    • Aesthetics/Cosmetics Applications
      • Hair Removal- Market Size & Forecast 2019-2030, (USD Million)
      • Tattoo Removal- Market Size & Forecast 2019-2030, (USD Million)
      • Acne and Scan Removal- Market Size & Forecast 2019-2030, (USD Million)
      • Others- Market Size & Forecast 2019-2030, (USD Million)
    • Dermatology Applications- Market Size & Forecast 2019-2030, (USD Million)
    • Dental Applications- Market Size & Forecast 2019-2030, (USD Million)
    • Urology Applications- Market Size & Forecast 2019-2030, (USD Million)
    • Ophthalmology Applications- Market Size & Forecast 2019-2030, (USD Million)
    • OB/GYN Applications- Market Size & Forecast 2019-2030, (USD Million)
    • Oncology Applications- Market Size & Forecast 2019-2030, (USD Million)
    • Cardiovascular Applications- Market Size & Forecast 2019-2030, (USD Million)
    • Others- Market Size & Forecast 2019-2030, (USD Million)
  • By End-User
    • Hospitals and Surgical Centers- Market Size & Forecast 2019-2030, (USD Million)
    • Dermatology and Dental Clinics- Market Size & Forecast 2019-2030, (USD Million)
    • Medical & Beauty Spas- Market Size & Forecast 2019-2030, (USD Million)
    • Home-use and Self-care- Market Size & Forecast 2019-2030, (USD Million)
    • Others- Market Size & Forecast 2019-2030, (USD Million)
  • By Region
    • North America
    • South America
    • Europe
    • The Middle East & Africa
    • Asia-Pacific 

As per the regional aspect, the Global Medical Lasers Market is expected to be dominated by the North America by capturing the potential market share. 

Explore further details about this research report-

https://www.marknteladvisors.com/research-library/medical-lasers-market.html

Top Companies in the Global Medical Lasers Market

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

Global Medical Lasers Industry Recent Development

  • 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).
Other reports:

Why Markntel Advisor Report?

Well-known business Prospects: Our accurate analysis market research report serves as a treasure map for discovering potential markets and novel product avenues. Additionally, it facilitates comparisons of products and services.

Thoughtful Customer Insights: A market report provides the marketing department with an in-depth understanding of customer requirements and desires. This information is bound to enhance products, adjust pricing, and refine advertising strategies.

Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.

Need personalized insights? Click here to customize this report-

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