Medical Lasers Market

Medical Lasers Market Overview

The Global Medical Lasers Market size was valued at USD 6.06 billion in 2024 and is predicted to reach USD 11.21 billion by 2030 with a CAGR of 10.8% from 2025-2030.

The medical lasers market encompasses a range of technologies and applications that utilize lasers for diagnostic and therapeutic purposes in healthcare. This technology produces intense beams of light with specific wavelengths and characteristics designed for various medical applications in a standardized manner. The standardized design and operation of surgical lasers ensure precise interaction with biological tissues, enabling minimally invasive procedures. This precision not only facilitates accurate diagnoses and targeted treatments but also ultimately enhances the quality of patient care. By ensuring consistency, safety, and efficacy in their application, surgical lasers foster advancements in medical sector.

Market Dynamics and Trends

The rise in prevalence of chronic diseases such as cancer, CVD and ophthalmic disorders is driving the demand for medical laser technologies. These diseases require advanced medical interventions for precise and minimally invasive treatments and medical lasers are efficient in fulfilling such requirements by improving health outcomes. World Health Organization states that 20 million cancer cases and 9.7 million cancer deaths were reported across the world in 2022. With such high rise in chronic disease, surgical lasers emerged as important tools for providing precise therapies with minimal invasiveness.

Moreover, the rise in dentistry treatment significantly drives the expansion of medical lasers market due to increasing integration of laser technology into dental practices for their numerous benefits over traditional methods, such as minimal bleeding, and less invasive procedures for cavity preparation. According to Global Oral Healthcare Report, in 2022, an estimated 2 billion people suffered from caries of permanent teeth and 514 million children suffered from caries of primary teeth. As the global burden of oral health issues continues to rise, the demand for laser-based dental treatments is expected to grow substantially.

Furthermore, the expansion of the cosmetology sector further drives the growth in the surgical lasers market, as laser technologies offer solutions for cosmetic procedures such as skin rejuvenation, hair removal, and scar revision, making them increasingly appealing in healthcare settings. As stated by the International Society of Aesthetic Plastic Surgery, 14,986,982 cosmetic procedures were performed worldwide in 2022. This rise in cosmetic procedures is driving the adoption of laser technology in this sector to effectively undergo the interventions with minimal invasiveness.

However, the high initial cost associated with acquiring and implementing laser technology restraints the growth of the market.

On the contrary, integration of new technologies such as fractional lasers and picosecond lasers is anticipated to create ample growth opportunity in the forthcoming years. These technologies offer precise and customizable treatments along with minimally invasive treatments for dermatological and aesthetic procedures. For instance, in June 2024, Lumenis launched FoLix fractional laser device. The device is integrated with non-ablative laser technology and it aims to offer a safe and effective solution, stimulating hair growth through targeted laser pulses without chemicals, needles, or surgery.

Market Segmentations and Scope of the Study

The medical lasers market is segmented on the basis of type, application, end-user and region. On the basis of type, the market is divided into, solid state laser systems, gas laser systems, dye laser systems, and semiconductor laser systems. Based on application, the market is categorised into ophthalmology, dermatology, cosmetology, gynaecology, dentistry, urology, cardiovascular, and others. Based on end-user the market is bifurcated into hospitals, and speciality clinics. Regional breakdown and analysis of each of the aforesaid segments includes regions comprising of North America, Europe, Asia-Pacific, and Rest of The World (Row).

Geographical Analysis

North America region holds the dominant share in the medical lasers industry during the forecast period. This is due to the growing demand for cosmetic surgeries, driven by the presence of one of the most advanced cosmetology infrastructures in the region, particularly in the U.S. and Canada. The American Society of Plastic Surgeons states that 1.6 million aesthetic surgeries were performed in U.S in 2022. With such rise in cosmetic procedures, surgical lasers play a crucial role in such procedures contributing to the growth of the market.

Moreover, the presence of key market players in this region such as Biolase Inc, Iridex Corp, Candela Corporation among others drive market growth through continuous innovation, launching new products to meet evolving consumer demands. For instance, in February 2024, Biolase Inc. launched Waterlase iPlus Premier Edition all-tissue laser system. The product features modular software with customizable procedure packages, enhanced user experience and Wi-Fi connectivity that accelerates its adoption in dentistry.

On the other hand, Asia-Pacific is expected to show a steady rise in the surgical lasers market during the forecast period due to the increase in healthcare devices sector. As the demand for advanced medical technologies increases in the region, including devices such as medical lasers, there is a corresponding growth in the adoption of precise and minimally invasive treatment options to meet the demands of healthcare settings. According to International Trade Administration, the medical device market in China is projected to grow at a Compound Annual Growth Rate (CAGR) of 8.3% from 2021 to 2026, reaching USD 48.8 billion by 2026. This high growth in the medical device market signifies the expansion of surgical lasers, as they are an integral part of advanced healthcare technologies.

Moreover, the growth of the medical lasers sector is significantly driven by the increasing prevalence of chronic diseases in the region such as cancer, cardiovascular diseases, and ophthalmic disorders. According to the National Cancer Center of Japan, there were 1,019,000 new cancer cases and 380,400 cancer deaths in 2022 in the country. Such growth in chronic diseases drives the surgical lasers sector as these conditions often require precise and effective therapeutic interventions allowing healthcare providers to treat diseased tissues while minimizing damage to surrounding healthy tissue.

Competitive Landscape

Various market players operating in the medical lasers industry includes Lumenis Ltd., Alcon Laboratories Inc., Cutera, Inc., Koninklijke Philips NV, Candela Medical, Fotona do.o., Lumibird SA, Alma Lasers, Ltd., Boston Scientific Corporation, IRIDEX Corporation, BIOLASE, Inc., Topcon Corporation, IPG Photonics Corporation, Quanta System, Solta Medical, and others. These market players are adopting various strategies such as acquisition and product launches to remain dominant in the market.

For instance, in January 2024, IRIDEX launched new laser systems in the U.S. market, designed to enhance treatment precision and efficiency for various ophthalmic conditions. These advanced systems focus on addressing retinal diseases and glaucoma, emphasizing safety and effectiveness. The company aims to expand its presence in the ophthalmology field through innovative laser solutions.

Furthermore, in September 2023, Cutera, introduced Secret DUO, a new skin resurfacing and revitalization platform. With the combination of glass laser and radio frequency microneedling (RFMN) technology, the product offers dual non-ablative fractional treatments for a wide range of aesthetic concerns such as fine lines, texture issues, pigmentation, stretch marks, and scars.

Moreover, in August 2023, Lumibird acquired Prima Industrie. The acquisitions aim to advance the company’s innovation in laser treatment applications, focusing on precision and efficiency in therapeutic and industrial uses. It also strengthens Lumibird's market reach in laser-based treatments across new segments.

KEY BENEFITS

• The report provides quantitative analysis and estimations of the medical lasers market from 2025 to 2030, which assists in identifying the prevailing market opportunities.

• The study comprises a deep-dive analysis of medical lasers market including the current and future trends to depict prevalent investment pockets in the market.

• Information related to key drivers, restraints, and opportunities and their impact on the medical lasers market is provided in the report. 

• Competitive analysis of the players, along with their market share is provided in the report.

• SWOT analysis and Porters Five Forces model is elaborated in the study.

• Value chain analysis in the market study provides a clear picture of roles of stakeholders.

Medical Lasers Market Key Segments

By Type 

• Solid State Laser Systems

• Gas Laser Systems

• Dye Laser Systems

• Semiconductor Laser Systems

By Application   

• Ophthalmology

• Dermatology

• Cosmetology

• Gynecology

• Dentistry

• Urology

• Cardiovascular 

• Others

By End-User

• Hospitals

• Specialty Clinics    

By Region

• North America

  • The U.S.

  • Canada

  • Mexico

• Europe

  • The U.K.

  • Germany

  • France        

  • Italy        

  • Spain        

  • Denmark        

  • Netherlands        

  • Finland        

  • Sweden        

  • Norway        

  • Russia        

  • Rest of Europe

• Asia-Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Singapore

  • Taiwan

  • Thailand

  • Rest of Asia-Pacific 

• Rest of the World (RoW)

  • Latin America

  • Middle East 

  • Africa

Key Players

• Lumenis Ltd.

• Alcon Laboratories Inc.

• Cutera, Inc.

• Koninklijke Philips NV

• Candela Medical

• Fotona do.o.

• Lumibird SA

• Alma Lasers, Ltd.

• Boston Scientific Corporation

• IRIDEX Corporation

• BIOLASE, Inc.

• Topcon Corporation

• IPG Photonics Corporation

• Quanta System

• Solta Medical

REPORT SCOPE AND SEGMENTATION:

Parameters	Details
Market Size in 2024	USD 6.06 billion
Revenue Forecast in 2030	USD 11.21 billion
Growth Rate	CAGR of 10.8% 2025 to 2030
Analysis Period	2024–2030
Base Year Considered	2024
Forecast Period	2025–2030
Market Size Estimation	Billion (USD)
Growth Factors	Growing prevalence of chronic diseases drive the growth of the medical lasers sector. Rise in dentistry sector is propelling the growth of the market. Expansion of cosmetology procedures drive demand for medical lasers.
Countries Covered	28
Companies Profiled	15
Market Share	Available for 15 companies
Customization Scope	Free customization (equivalent to up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs.