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.                                           

Global Medical Lasers Market Driver:

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.

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Key Market Reports Highlights

·        Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Global Medical Lasers Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2023

-Historical Period: 2019 to 2022

-Forecast Period: 2024 to 2030

• 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

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   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

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