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Report
Medical Laser Technologies - A Global Market Overview
Market Report I 2024-06-24 I 285 Pages I Industry Experts
Report Synopsis
The medical laser technologies market is experiencing a rapid growth, driven by factors such as the increasing demand for minimally invasive procedures, growing preference for aesthetic and cosmetic surgeries, and rising incidences of vascular and ocular disorders. Within this market, the aesthetic and cosmetic application segment currently commands the largest market share, reflecting the growing consumer interest in enhancing appearances. Additionally, the cardiovascular application segment emerges as the fastest-growing market segment, driven by technological advancements, notably in treating vascular diseases.
North America dominates the global demand for medical laser technologies with an estimated 37% share in 2023. However, the Asia-Pacific region is anticipated to emerge as the fastest-growing market, boasting a projected Compound Annual Growth Rate of 16.7% during the analysis period 2023 to 2029. The overall global market for medical laser technologies is forecasted to touch US$6.4 billion in 2024.
Research Findings & Coverage
- The worldwide market for Medical Laser Technologies is analyzed in this report with respect to technology types, applications, end-use facilities, major geographic regions and key countries
- The market share analysis covered for Medical Laser Technologies based on the segmentation mentioned above; current market size estimation, revenue projections for the analysis period provided through 2029
- The study discusses key trends, R&D, technology updates and emerging applications of Medical Laser Technologies that influence the market growth
- Key business trends focusing on product innovations/developments, capacity expansions, M&As, JVs and other recent industry developments by the major players
- The report includes 219 data tables covering market numbers by segments and regions with graphical representation for each table
- Brief business profiles of major companies covered - 18
- The industry guide includes the contact details for 205 companies
Product Outline
The market for types of Medical Laser Technologies analyzed in this report including:
- Solid-State Lasers
- Gas Lasers
- Diode Lasers
- Dye Lasers
Major Applications of Medical Laser Technologies market analyzed in this report consist the following:
- Aesthetics/Cosmetics
- Dermatology
- Cardiovascular
- Obstetrics & Gynecology
- Ophthalmology
- Urology
- Dentistry
- Other Applications
The report analyzes the market for Medical Laser Technologies by end-use facilities comprising:
- Hospitals
- Specialty Clinics
- Other End-Users
Analysis Period, Units and Growth Rates
- The report reviews, analyzes and projects the global Medical Laser Technologies market for the period 2020-2029 in terms of value in US$ and the compound annual growth rates (CAGRs) projected from 2023 through 2029
Geographic Coverage
- North America (The United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia and Rest of Europe)
- Asia-Pacific (Japan, China, India, South Korea and Rest of Asia-Pacific)
- Rest of World (Brazil, Saudi Arabia, United Arab Emirates, South Africa and Other Rest of World)
TABLE OF CONTENTS
PART A: GLOBAL MARKET PERSPECTIVE
1. INTRODUCTION
1.1 Product Outline
1.1.1 Foreword
1.1.2 History of Medical Lasers
1.1.3 Properties of Laser Light
1.1.3.1 Monochromaticity
1.1.3.2 Coherence
1.1.3.3 Directionality
1.1.3.4 High Irradiance
1.1.4 Effects of Laser-Tissue Interactions
1.1.4.1 Photochemical Effects
1.1.4.2 Photomechanical Effects
1.1.4.3 Photothermal Effects
1.1.4.4 Photoablation
1.1.4.5 Photovaporization
1.1.5 Types of Lasers
1.1.5.1 Solid-State Lasers
1.1.5.1.1 Neodymium: Yttrium Aluminium Garnet (Nd: YAG) Laser
1.1.5.1.2 Erbium: Yttrium Aluminum Garnet (Er: YAG) Laser
1.1.5.1.3 Holmium: Yttrium Aluminum Garnet (Holmium: YAG) Laser
1.1.5.1.4 Titanium-doped Sapphire (Ti: Sapphire) Laser
1.1.5.1.5 Ruby Laser (Chromium-doped Aluminum Oxide)
1.1.5.1.6 Alexandrite Laser
1.1.5.2 Gas Lasers
1.1.5.2.1 Carbon Dioxide (CO2) Laser
1.1.5.2.2 Carbon Monoxide (CO) Laser
1.1.5.2.3 Argon Ion Laser
1.1.5.2.4 Krypton Ion Laser
1.1.5.2.5 Excimer Laser
1.1.5.2.6 Helium-Neon (HeNe) Laser
1.1.5.3 Diode Lasers
1.1.5.4 Dye Lasers
1.1.6 Medical Lasers Applications
1.1.6.1 Aesthetics/Cosmetics
1.1.6.2 Dermatology
1.1.6.3 Cardiovascular
1.1.6.4 Obstetrics & Gynecology
1.1.6.5 Ophthalmology
1.1.6.6 Urology
1.1.6.7 Dentistry
1.1.6.8 Other Applications
1.1.6.8.1 Oncology
1.1.6.8.2 Gastroenterology
1.1.6.8.3 Rheumatology
1.1.6.8.4 Orthopedics
1.1.6.9 Advantages of Using Lasers in Medical Applications
1.1.6.10 Disadvantages of Using Lasers in Medical Applications
1.1.6.11 Conclusion
2. KEY MARKET TRENDS
2.1 Revolutionizing Peripheral Vascular Care: Excimer Laser Atherectomy and Drug-Coated Balloon Combo
2.2 Laser Technology Innovations: Transforming Dermatology and Aesthetics
2.3 Innovative Laser Diode-Powered PA system Enhances Breast Disease Diagnosis
2.4 Pioneering Laser Indices Revolutionize Precision Skin Blemish Treatment
2.5 Breakthrough in Cancer Treatment with Ultrafast Laser Technology
2.6 Innovative Laser-Ultrasound Technique Ensures Safe and Effective Plaque Removal
2.7 Advancing Medicine: The Future of Laser Surgery and Low-Level Laser Therapy
2.8 Thulium Fiber Lasers: Revolutionizing Prostate Enucleation Surgery
2.9 2 m Laser Technology: Enhancing Surgical Precision and Safety
2.10 Innovative Laser Technologies Transform Pain Management
3. KEY MARKET PLAYERS
3.1 Alcon Inc.
3.2 Alma Lasers, Ltd.
3.3 Bausch Health Companies Inc.
3.3.1 Solta Medical
3.4 Bausch + Lomb Corporation
3.5 BIOLASE, Inc.
3.6 Boston Scientific Corporation
3.7 Candela Corporation
3.8 Carl Zeiss AG
3.8.1 Carl Zeiss Meditec AG
3.9 Cutera, Inc.
3.10 Cynosure Lutronic, Inc.
3.11 Fotona d.o.o.
3.12 IRIDEX Corporation
3.13 Koninklijke Philips N.V.
3.14 LASOS Lasertechnik GmbH
3.15 Lumenis Be Ltd.
3.16 Lumibird Medical
3.16.1 Optotek Medical d. o. o.
3.17 STRATA Skin Sciences, Inc.
3.18 Topcon Corporation
4. KEY BUSINESS & PRODUCT TRENDS
4.1 April 2024
4.1.1 Carl Zeiss Meditec AG Acquires D.O.R.C and Expands Ophthalmic Portfolio
4.1.2 Cutera Releases Laser-Based Multi-Application Platform in the North American Market
4.2 February 2024
4.2.1 BIOLASE Unveils All-Tissue Laser System at Chicago Midwinter Meeting 2024
4.2.2 IRIDEX Corp. Announces European Patent Grant for Innovative Laser System
4.2.3 Cutera Announces Launch of Laser-Based Dermatology Device at IMCAS 2024
4.3 January 2024
4.3.1 Carl Zeiss Meditec AG Launches Femtosecond Laser Platform in the United States
4.3.2 Bausch + Lomb Announces FDA Approval for TENEO Excimer Laser Platform
4.3.3 IRIDEX Corp. Unveils New Lasers for Treatment of Retinal Disorders and Glaucoma
4.4 December 2023
4.4.1 STRATA Skin Sciences Reinforces Sales of Excimer Lasers in Korea
4.5 November 2023
4.5.1 Alma Lasers Expands APAC Presence with New Subsidiary in Japan
4.6 October 2023
4.6.1 ZEISS Receives 510k Clearance on VISULAS yag Laser
4.7 September 2023
4.7.1 Cutera Unveils Novel Aesthetic Laser Platform
4.8 August 2023
4.8.1 ZEISS Expands Laser Vision Correction Portfolio and Enhances Therapeutic Lasers Portfolio
4.9 July 2023
4.9.1 Alma Completes Acquisition of Long-Term Chinese Distributor
4.9.2 Alma Lasers Introduces Novel Vascular Laser in the U.S. Market
4.10 June 2023
4.10.1 Candela Corp. Secures FDA Approval for Usage of Pulsed Dye Lasers in Pediatric Care
4.10.2 IRIDEX Unveils 5th Generation PASCAL Laser System
4.10.3 Cutera Receives FDA Approval for Market's First 1726 nm Laser for Acne Treatment
4.11 May 2023
4.11.1 Quantel Medical Polska Renamed as Lumibird Medical Polska
4.11.2 STRATA's XTRAC Excimer Lasers Now Available in the Indian Market through Partnership with Spectra Medical
4.11.3 Johnson & Johnson Vision Unveils Innovative Femtosecond Laser
4.11.4 Topcon Becomes Exclusive Distributor of Espansione Group's Light-Based Technologies in South East Asia
4.12 April 2023
4.12.1 Lumibird Medical Expands Premium Nd:YAG/SLT laser range
4.12.2 Lumibird Medical's Vitra 2 Photocoagulation Laser Launched in Chinese Market
4.12.3 Lumibird Medical Unveils New Website Combining Quantel Medical & Ellex Products
4.12.4 Johnson & Johnson Vision Obtains FDA Approval for Femtosecond Laser
4.13 March 2023
4.13.1 Candela Corp. Achieves FDA Approval for New Indications of PicoWay Laser
4.13.2 ZEISS Expands Ophthalmology Consumables Production Facility in France
4.13.3 Philips Laser Sheath Tested and Proved Efficient for Early Removal of CIEDs
4.13.4 Rebranding of Lumibird Medical's Ophthalmology Brands
4.13.5 STRATA Unveils Comprehensive XTRAC Excimer Laser Website for Patients
4.13.6 Johnson & Johnson Secures CE Mark Certification for Femtosecond Laser
4.14 February 2023
4.14.1 BIOLASE Launches Dental Lasers E-Commerce Website in the U.S.
4.14.2 BIOLASE Introduces New Fractional Handpiece with Er, Cr:YSGG Laser
4.14.3 Candela's Non-Ablative Fractional Laser Secures Health Canada Licensing
4.15 January 2023
4.15.1 STRATA Partners with MINO Labs to Enter Mexican Market
4.16 December 2022
4.16.1 Lumibird Medical Launches Next Generation YAG/SLT laser
4.17 November 2022
4.17.1 Cutera Launches Laser Acne Treatment Device in the North American Market
4.18 August 2022
4.18.1 Bausch Health Continuing Process Toward Separating Bausch + Lomb
4.18.2 Fotona's 1064 nm Nd:YAG Laser Tested and Proved for Use as Topical Anesthetic
4.19 July 2022
4.19.1 BIOLASE Obtains U.S. Patents for Flagship Laser Systems and Diode Technologies
4.19.2 Johnson & Johnson Vision and A*STAR Join Forces to Advance Eye Health Research in APAC
4.20 June 2022
4.20.1 Lumibird's Ophthalmic Lasers Now Available in India
4.20.2 Fotona Introduces New Laser Technologies At IMCAS 2022
4.21 April 2022
4.21.1 Lumibird Medical Launches Novel Nd:YAG Laser
4.22 March 2022
4.22.1 Lumibird Unveils New Glaucoma Laser Therapy Website
4.23 January 2022
4.23.1 STRATA Skin Sciences Releases Novel Excimer Laser System
4.23.2 STRATA's XTRAC Excimer Lasers Launched in Israel
5. GLOBAL MARKET OVERVIEW
5.1 Global Medical Laser Technologies Market Overview by Type
5.1.1 Medical Laser Technology Type Market Overview by Global Region
5.1.1.1 Solid-State Lasers
5.1.1.2 Gas Lasers
5.1.1.3 Diode Lasers
5.1.1.4 Dye Lasers
5.2 Global Medical Laser Technologies Market Overview by Application
5.2.1 Medical Laser Technologies Application Market Overview by Global Region
5.2.1.1 Aesthetics/Cosmetics
5.2.1.2 Dermatology
5.2.1.3 Cardiovascular
5.2.1.4 Obstetrics & Gynecology
5.2.1.5 Ophthalmology
5.2.1.6 Urology
5.2.1.7 Dentistry
5.2.1.8 Other Applications
5.3 Global Medical Laser Technologies Market Overview by End-User
5.3.1 Global Medical Laser Technologies End-User Market Overview by Global Region
5.3.1.1 Hospitals
5.3.1.2 Specialty Clinics
5.3.1.3 Other End-Users
PART B: REGIONAL MARKET PERSPECTIVE
REGIONAL MARKET OVERVIEW
6. NORTH AMERICA
6.1 North American Medical Laser Technologies Market Overview by Geographic Region
6.2 North American Medical Laser Technologies Market Overview by Type
6.3 North American Medical Laser Technologies Market Overview by Application
6.4 North American Medical Laser Technologies Market Overview by End-User
6.5 Country-wise Analysis of North American Medical Laser Technologies Market
6.5.1 THE UNITED STATES
6.5.1.1 United States' Medical Laser Technologies Market Overview by Type
6.5.1.2 United States' Medical Laser Technologies Market Overview by Application
6.5.1.3 United States' Medical Laser Technologies Market Overview by End-User
6.5.2 CANADA
6.5.2.1 Canadian Medical Laser Technologies Market Overview by Type
6.5.2.2 Canadian Medical Laser Technologies Market Overview by Application
6.5.2.3 Canadian Medical Laser Technologies Market Overview by End-User
6.5.3 MEXICO
6.5.3.1 Mexican Medical Laser Technologies Market Overview by Type
6.5.3.2 Mexican Medical Laser Technologies Market Overview by Application
6.5.3.3 Mexican Medical Laser Technologies Market Overview by End-User
7. EUROPE
7.1 European Medical Laser Technologies Market Overview by Geographic Region
7.2 European Medical Laser Technologies Market Overview by Type
7.3 European Medical Laser Technologies Market Overview by Application
7.4 European Medical Laser Technologies Market Overview by End-User
7.5 Country-wise Analysis of European Medical Laser Technologies Market
7.5.1 GERMANY
7.5.1.1 German Medical Laser Technologies Market Overview by Type
7.5.1.2 German Medical Laser Technologies Market Overview by Application
7.5.1.3 German Medical Laser Technologies Market Overview by End-User
7.5.2 FRANCE
7.5.2.1 French Medical Laser Technologies Market Overview by Type
7.5.2.2 French Medical Laser Technologies Market Overview by Application
7.5.2.3 French Medical Laser Technologies Market Overview by End-User
7.5.3 THE UNITED KINGDOM
7.5.3.1 United Kingdom Medical Laser Technologies Market Overview by Type
7.5.3.2 United Kingdom Medical Laser Technologies Market Overview by Application
7.5.3.3 United Kingdom Medical Laser Technologies Market Overview by End-User
7.5.4 ITALY
7.5.4.1 Italian Medical Laser Technologies Market Overview by Type
7.5.4.2 Italian Medical Laser Technologies Market Overview by Application
7.5.4.3 Italian Medical Laser Technologies Market Overview by End-User
7.5.5 SPAIN
7.5.5.1 Spanish Medical Laser Technologies Market Overview by Type
7.5.5.2 Spanish Medical Laser Technologies Market Overview by Application
7.5.5.3 Spanish Medical Laser Technologies Market Overview by End-User
7.5.6 RUSSIA
7.5.6.1 Russian Medical Laser Technologies Market Overview by Type
7.5.6.2 Russian Medical Laser Technologies Market Overview by Application
7.5.6.3 Russian Medical Laser Technologies Market Overview by End-User
7.5.7 REST OF EUROPE
7.5.7.1 Rest of Europe Medical Laser Technologies Market Overview by Type
7.5.7.2 Rest of Europe Medical Laser Technologies Market Overview by Application
7.5.7.3 Rest of Europe Medical Laser Technologies Market Overview by End-User
8. ASIA-PACIFIC
8.1 Asia-Pacific Medical Laser Technologies Market Overview by Geographic Region
8.2 Asia-Pacific Medical Laser Technologies Market Overview by Type
8.3 Asia-Pacific Medical Laser Technologies Market Overview by Application
8.4 Asia-Pacific Medical Laser Technologies Market Overview by End-User
8.5 Country-wise Analysis of Asia-Pacific Medical Laser Technologies Market
8.5.1 JAPAN
8.5.1.1 Japanese Medical Laser Technologies Market Overview by Type
8.5.1.2 Japanese Medical Laser Technologies Market Overview by Application
8.5.1.3 Japanese Medical Laser Technologies Market Overview by End-User
8.5.2 CHINA
8.5.2.1 Chinese Medical Laser Technologies Market Overview by Type
8.5.2.2 Chinese Medical Laser Technologies Market Overview by Application
8.5.2.3 Chinese Medical Laser Technologies Market Overview by End-User
8.5.3 INDIA
8.5.3.1 Indian Medical Laser Technologies Market Overview by Type
8.5.3.2 Indian Medical Laser Technologies Market Overview by Application
8.5.3.3 Indian Medical Laser Technologies Market Overview by End-User
8.5.4 SOUTH KOREA
8.5.4.1 South Korean Medical Laser Technologies Market Overview by Type
8.5.4.2 South Korean Medical Laser Technologies Market Overview by Application
8.5.4.3 South Korean Medical Laser Technologies Market Overview by End-User
8.5.5 REST OF ASIA-PACIFIC
8.5.5.1 Rest of Asia-Pacific Medical Laser Technologies Market Overview by Type
8.5.5.2 Rest of Asia-Pacific Medical Laser Technologies Market Overview by Application
8.5.5.3 Rest of Asia-Pacific Medical Laser Technologies Market Overview by End-User
9. REST OF WORLD
9.1 Rest of World Medical Laser Technologies Market Overview by Geographic Region
9.2 Rest of World Medical Laser Technologies Market Overview by Type
9.3 Rest of World Medical Laser Technologies Market Overview by Application
9.4 Rest of World Medical Laser Technologies Market Overview by End-User
9.5 Country-wise Analysis of Rest of World Medical Laser Technologies Market
9.5.1 BRAZIL
9.5.1.1 Brazilian Medical Laser Technologies Market Overview by Type
9.5.1.2 Brazilian Medical Laser Technologies Market Overview by Application
9.5.1.3 Brazilian Medical Laser Technologies Market Overview by End-User
9.5.2 SAUDI ARABIA
9.5.2.1 Saudi Arabian Medical Laser Technologies Market Overview by Type
9.5.2.2 Saudi Arabian Medical Laser Technologies Market Overview by Application
9.5.2.3 Saudi Arabian Medical Laser Technologies Market Overview by End-User
9.5.3 UNITED ARAB EMIRATES
9.5.3.1 United Arab Emirates' Medical Laser Technologies Market Overview by Type
9.5.3.2 United Arab Emirates' Medical Laser Technologies Market Overview by Application
9.5.3.3 United Arab Emirates' Medical Laser Technologies Market Overview by End-User
9.5.4 SOUTH AFRICA
9.5.4.1 South African Medical Laser Technologies Market Overview by Type
9.5.4.2 South African Medical Laser Technologies Market Overview by Application
9.5.4.3 South African Medical Laser Technologies Market Overview by End-User
9.5.5 OTHER REST OF WORLD
9.5.5.1 Other RoW Medical Laser Technologies Market Overview by Type
9.5.5.2 Other RoW Medical Laser Technologies Market Overview by Application
9.5.5.3 Other RoW Medical Laser Technologies Market Overview by End-User
PART C: GUIDE TO THE INDUSTRY
1. NORTH AMERICA
2. EUROPE
3. ASIA-PACIFIC
4. REST OF WORLD
PART D: ANNEXURE
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