Medical Laser Systems Market Report 2025 (Global Edition)

Global Medical Laser Systems Market Report 2025 Market Size Split by Product Type (Gas Lasers, CO2 Lasers, Argon Lasers, Excimer lasers, Others, Solid-state Lasers, Nd: YAG, Ho: YAG, Er: YAG, Dye Lase...

Medical Laser Systems Market Report Description

We have various report editions of Medical Laser Systems Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Medical Laser Systems Market Insights Video

Competitive Landscape of the Medical Laser Systems Market

The medical laser systems market is a rapidly expanding and very competitive sector within the broader medical equipment industry. Many medical professions, including dentistry, ophthalmology, dermatology, and surgery, use these systems. The primary drivers of competition in this market are technological advancements, product efficacy, regulatory clearances, and strategic collaborations.

April 2021: The latest IPL device from Lumenis Ltd. has been approved by the FDA. It is designed specifically to reduce the symptoms of meibomian gland dysfunction (MGD)- related dry eye illness. This constitutes a significant advancement in the management of dry eye disorders.

(Source:https://lumenis.com/vision/resource-hub/lumenis-receives-fda-approval-for-its-ipl-device-to-manage-dry-eye-disease-and-launches-optilight/)

March 2021: the Clear + Brilliant Touch laser, the company's next-generation Clear + Brilliant laser, was introduced in the United States by Bausch Health Companies Inc. and its Solta Medical division, a pioneer in the medical aesthetics industry worldwide. By offering the advantages of two wavelengths to patients with different skin types and ages, the Clear + Brilliant Touch laser creates a more personalized and thorough treatment plan.

(Source:https://ir.bauschhealth.com/news-releases/2021/03-08-2021-115817001)

Top Companies Market Share in Medical Laser Systems Industry: (In no particular order of Rank)

• Biolase Inc.
• Lumenis Ltd.
• IRIDEX Corp.
• Fotona
• Bausch & Lomb Holdings
• Cardiogenesis Corporation
• Inc.
• Novadaq Technologies
• Inc.
• Photomedex
• Inc.
• Alcon Laboratories
• Inc.
• AngioDynamics Corp.
• Spectranetics Corporation
• Syneron-Candela
• American Medical Systems
• Inc.
• Elforlight Ltd.
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Medical Laser Systems Market

Which Region Dominates the Medical Laser Systems Market in 2024?

According to Cognitive Market Research, North America led the market in 2024, accounting for almost 40% of worldwide sales. This is due to chronic illnesses like diabetes, heart problems, and cancer, which are highly prevalent in the region. Targeted therapy, quicker recovery times, and minimally invasive treatments are some of the successful therapeutic choices provided by medical lasers. In North America, there is predicted to be a large increase in demand for medical laser systems as a result of the growing number of persistent ailments. Research and development in North America is well known, and it has resulted in important technological developments in the field of medical lasers. The ongoing quest for innovation has resulted in the development of medical laser systems with improved accuracy, efficiency, and adaptability.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific stands out as the fastest-growing region in the Medical Laser Systems market. The medical laser systems market is anticipated to increase significantly due to the influence of the Asia Pacific region. This development is being attributed to a number of factors, such as the growing desire for minimally invasive procedures, the expansion of the rate of chronic illnesses, and the healthcare system. The huge and aging population in the region increases the demand for cutting-edge medical care. Growing discretionary incomes and consciousness of cosmetics among the general public and aesthetic operations are also fueling medical laser usage. Leading nations in the Asia Pacific region are China, Japan, and India, who are making significant investments in healthcare technology and advancements.

 

The current report Scope analyzes Medical Laser Systems Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Medical Laser Systems Market

According to Cognitive Market Research, the global Medical Laser Systems market size was estimated at USD 4615.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 1846.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Medical Laser Systems market with a market size of USD 1456.56 million in 2024 and is projected to grow at a CAGR of 14.2% during the forecast period. The United States of America possesses an advanced healthcare system that includes a significant number of cutting-edge hospitals and specialized clinics that are outfitted with cutting-edge technologies, such as medical lasers.
• The Canada Medical Laser Systems market had a market share of USD 221.53 million in 2024 and is projected to grow at a CAGR of 15.2% during the forecast period. Patients in Canada's single-payer healthcare system will have easier access to medical treatments, including laser surgery if it is deemed to be medically necessary.
• The Mexico Medical Laser Systems market is projected to witness growth at a CAGR of 14.9% during the forecast period, with a market size of USD 167.99 million in 2024.

Europe Medical Laser Systems Market

According to Cognitive Market Research, the global Medical Laser Systems market size was estimated at USD 4615.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 1384.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.7% from 2024 to 2031.

• The United Kingdom Medical Laser Systems market had a market share of USD 232.61 million in 2024 and is projected to grow at a CAGR of 15.5% during the forecast period. The aging population in the UK is driving up demand for laser-treatable chronic illnesses, which is driving market expansion.
• The France Medical Laser Systems market is projected to witness growth at a CAGR of 13.9% during the forecast period, with a market size of USD 127.38 million in 2024.
• According to Cognitive Market Research, the German Medical Laser Systems market size was valued at USD 274.14 million in 2024 and is projected to grow at a CAGR of 14.9% during the forecast period. Research and development (R&D) in medicine is led by Germany. With an emphasis on innovation, new medical laser applications may be developed, which would contribute to market growth.
• The Italy Medical Laser Systems market is projected to witness growth at a CAGR of 14.1% during the forecast period, with a market size of USD 119.07 million in 2024.
• The Russia Medical Laser Systems market is projected to witness growth at a CAGR of 13.7% during the forecast period, with a market size of USD 214.61 million in 2024.
• The Spain Medical Laser Systems market is projected to witness growth at a CAGR of 13.8% during the forecast period with a market size of USD 113.53 million in 2024
• The Luxembourg Medical Laser Systems market is projected to witness growth at a CAGR of 14.8% during the forecast period, with a market size of USD 42.92 million in 2024.
• The Portugal Medical Laser Systems market is projected to witness growth at a CAGR of 14.5% during the forecast period, with a market size of USD 29.08 million in 2024.
• The Greece Medical Laser Systems market is projected to witness growth at a CAGR of 15.0% during the forecast period, with a market size of USD 16.61 million in 2024.
• Rest of Europe's Medical Laser Systems market is projected to witness growth at a CAGR of 13.4% during the forecast period, with a market size of USD 214.61 million in 2024.

Asia Pacific Medical Laser Systems Market

According to Cognitive Market Research, the global Medical Laser Systems market size was estimated at USD 4615.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1061.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.2% from 2024 to 2031.

• According to Cognitive Market Research, the China Medical Laser Systems market size was valued at USD 477.67 million in 2024 and is projected to grow at a CAGR of 17.7% during the forecast period. Chronic illnesses like diabetes and cancer are becoming more common in China. The industry is growing because medical lasers provide efficient treatment choices for a number of these ailments.
• The Japan Medical Laser Systems market is projected to witness growth at a CAGR of 16.7% during the forecast period, with a market size of USD 146.49 million in 2024.
• The India Medical Laser Systems market had a market share of USD 127.38 million in 2024 and is projected to grow at a CAGR of 20.0% during the forecast period. The number of minimally invasive surgical procedures is rising popular among Indian patients. Medical lasers are driving growth in the market because they provide quicker recovery times, less discomfort, and less scarring.
• The South Korea Medical Laser Systems market is projected to witness growth at a CAGR of 17.3% during the forecast period, with a market size of USD 106.15 million in 2024.
• The Australian Medical Laser Systems market is projected to witness growth at a CAGR of 17.9% during the forecast period, with a market size of USD 55.20 million in 2024.
• The South East Asia Medical Laser Systems market is projected to witness growth at a CAGR of 19.2% during the forecast period, with a market size of USD 73.24 million in 2024.
• The Rest of Asia Pacific Medical Laser Systems market is projected to witness growth at a CAGR of 18.0% during the forecast period, with a market size of USD 75.37 million in 2024.

South America Medical Laser Systems Market

According to Cognitive Market Research, the global Medical Laser Systems market size was estimated at USD 4615.2 Million, out of which the Latin America market of more than 5% of the global revenue with a market size of USD 230.76 million in 2024. It will grow at a compound annual growth rate (CAGR) of 15.6% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Medical Laser Systems market size was valued at USD 98.77 million in 2024 and is projected to grow at a CAGR of 16.2% during the forecast period. The private healthcare industry in Brazil is growing quickly. This industry is more likely to make investments in cutting-edge tools like medical lasers, which provide patients with more options for treatment.
• Argentina's Medical Laser Systems market had a market share of USD 38.77 million in 2024 and is projected to grow at a CAGR of 16.5% during the forecast period. Argentina has a highly trained medical workforce. The successful adoption of these systems can be facilitated by spending money on training these specialists in the use of medical laser technologies.
• Colombia's Medical Laser Systems market is projected to witness growth at a CAGR of 15.4% during the forecast period, with a market size of USD 20.54 million in 2024.
• Peru Medical Laser Systems market is projected to witness growth at a CAGR of 15.8% during the forecast period, with a market size of USD 18.92 million in 2024.
• Chile's Medical Laser Systems market is projected to witness growth at a CAGR of 15.9% during the forecast period, with a market size of USD 16.61 million in 2024.
• The Rest of Latin America's Medical Laser Systems market is projected to witness growth at a CAGR of 14.7% during the forecast period, with a market size of USD 37.15 million in 2024.

Middle East and Africa Medical Laser Systems Market

According to Cognitive Market Research, the global Medical Laser Systems market size was estimated at USD 4615.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 92.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.9% from 2024 to 2031.

• The GCC Countries Medical Laser Systems market is projected to witness growth at a CAGR of 16.7% during the forecast period, with a market size of USD 39.51 million in 2024. The governments of the GCC are aggressively pushing medical tourism, and by providing cutting-edge medical procedures like laser treatments, they may draw patients from overseas and support the industry's expansion.
• The Egypt Medical Laser Systems market is projected to witness growth at a CAGR of 16.2% during the forecast period, with a market size of USD 9.69 million in 2024.
• The South Africa Medical Laser Systems market is projected to witness growth at a CAGR of 16.9% during the forecast period, with a market size of USD 14.58 million in 2024. In South Africa, people are becoming more aware of the advantages of laser surgery, such as shorter recovery times and better cosmetic results. This may increase the need for medical laser equipment on the market.
• The Turkey Medical Laser Systems market is projected to witness growth at a CAGR of 15.4% during the forecast period, with a market size of USD 7.94 million in 2024.
• The Nigeria Medical Laser Systems market is projected to witness growth at a CAGR of 15.0% during the forecast period, with a market size of USD 9.69 million in 2024.
• The Rest of the MEA Medical Laser Systems market is projected to witness growth at a CAGR of 14.9% during the forecast period, with a market size of USD 10.89 million in 2024.

Medical Laser Systems Market Analysis

Medical Laser Systems Market Product Type Segment Analysis

According to Cognitive Market Research, Solid-state Lasers are the dominating category. Because of their accuracy and efficiency, solid-state lasers are extensively utilized in the medical laser systems market. In dermatology, these lasers are frequently used for vascular lesion therapy, tattoo removal, and skin resurfacing. Solid-state lasers are used in ophthalmology to treat vision problems such as hyperopia and myopia. They are also utilized in dentistry for soft tissue procedures and in oncology for tumor ablation. They are a well-liked option in many medical applications due to their dependability and versatility.

Diode Lasers is the fastest-growing category in the Medical Laser Systems market. Because of its efficiency and small size, diode lasers are widely used in the medical laser systems market. They are well-liked in dermatology for treating acne, removing hair, and revitalizing the skin. Diode lasers are used in ophthalmology to treat retinal disorders through photocoagulation. Additionally, they are used in dentistry for periodontal and soft tissue procedures. Diode lasers are also used in surgery for accurate cutting and coagulation, which makes them a useful tool in many different medical disciplines.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Medical Laser Systems Industry. Request a Free Sample PDF!

Medical Laser Systems Market Application Segment Analysis

According to Cognitive Market Research, the dominating category is Cosmetic/Dermatology. This is due to cosmetic and dermatological applications being popular in the medical laser systems market because of their effectiveness in non-invasive treatments. These lasers are frequently used to treat vascular and pigmented lesions, eliminate tattoos, resurface skin, and remove hair. They are well-liked for cosmetic treatments because they provide accuracy, quick recovery times, and little adverse effects. The need for laser systems in dermatological and cosmetic clinics has increased due to improvements in treatment outcomes brought about by advances in laser technology, which has also greatly fueled market expansion.

The fastest-growing category in the Medical Laser Systems market is Cardiovascular. Because they are precise and less invasive, cardiovascular applications are becoming more and more popular in the medical laser systems market. Angioplasty, a surgery that helps remove obstructions within blood vessels, and photodynamic therapy, a treatment for atherosclerosis, both employ lasers. They are also employed in the correction of arrhythmias through the ablation of aberrant cardiac tissues. Because of their ability to shorten recovery times and enhance patient outcomes, these applications are propelling the use of laser systems in cardiovascular treatments and fostering market expansion.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Medical Laser Systems End Users Segment Analysis

Medical Laser Systems Market End Users Segment Analysis

According to Cognitive Market Research, the dominating category is Hospitals. Due to the need for cutting-edge therapeutic and diagnostic instruments, hospitals represent a sizeable portion of the medical laser systems market as end users. Providing accurate, minimally invasive treatment choices, medical lasers are employed in many fields, such as cardiology, oncology, dermatology, and ophthalmology. In hospital settings, their capacity to improve patient outcomes, shorten recuperation times, and improve surgical precision makes them indispensable. The demand for medical laser systems is rising as a result of ongoing investments in healthcare infrastructure and hospitals' use of cutting-edge technologies.

The fastest-growing category in the Medical Laser Systems market is Ambulatory Surgical Centers. Because they specialize in outpatient operations, ambulatory surgery centers (ASCs) are important end customers in the medical laser systems industry. Medical lasers are preferred in ASCs because of their accuracy, effectiveness, and low invasiveness, which makes them perfect for small surgical, ophthalmological, and dermatological operations. The shorter recovery periods and lower incidence of complications linked to laser treatments are consistent with ASCs' high-quality, reasonably priced care approach. This promotes the use of medical laser equipment at these facilities, which fuels market expansion.

• Hospitals
• Ambulatory Surgical Centers
• Specialized Clinics

Author's Detail

Anushka Gore

Research Associate at Cognitive Market Research

LinkedIn

Profile

Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.

Author's Conclusion