Laser Therapy Devices Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027

Report ID: GMI3871

Summary Methodology

Laser Therapy Devices Market size is projected to experience significant growth from 2019 to 2025.

Growing prevalence of various diseases including cancer, dental disorders, cardiovascular disorders among others will positively impact laser therapy devices industry growth during the forecast period. According to the American Academy of Dermatology (AAD), in the U.S., acne is the most common skin condition affecting up to 50 million individuals each year. Such dermatological diseases, needing effective and long-term treatment coupled with increasing incidence of dermatological conditions will create significant demand for laser therapy devices during the estimation period.

Increasing consumer preference towards innovative laser-based technologies for aesthetics treatment will stimulate the global laser therapy devices business growth in the coming years. High growth can be attributed to rising in demand for such devices due to better effectiveness, quick recovery to normal body functions, fast treatment duration and high efficacy. Thus, rising focus on body aesthetics will lead to rapid adoption of medical lasers in cosmetic surgeries, thereby stimulating the laser therapy devices market growth over the projected timeframe.

However, restrictive cost may hamper the demand for laser therapy devices in the emerging countries. Furthermore, stringent government regulations will limit laser therapy devices market growth in the forthcoming years.

Semiconductor/diode laser systems market will witness momentous growth over the projected timeframe due to the increasing adoption of various aesthetic cosmetic procedures. With the widening of applications of diode lasers in various medical procedures including dentistry and dermatology, among others will offer lucrative growth opportunities for diode laser systems during the forecast period. Furthermore, availability of these lasers over-the-counter will impel the segmental growth in the coming years.

Ophthalmology segment will hold a significant revenue size over the forecast years due to the growing incidence of eye diseases, especially among geriatric population. According to the American Academy of Ophthalmology, about 24.5 million individuals are suffering from blindness and cataract surgery remains the most effective way to restore vision. Moreover, utilization of laser based-ophthalmology to improve cornea focus, decrease intraocular pressure of glaucoma as well as increasing usage in cataract surgeries will increase the application of laser therapy devices in ophthalmology segment in the coming years.  

Hospitals segment will show momentous growth over the projected timeframe due to availability of advanced and innovative technology-based laser devices in these facilities. Growing number of hospitalizations for complex procedures such as cardiovascular disorders and cancer-related procedures, requiring less invasive and advanced therapies will escalate the demand for laser therapy devices. Furthermore, improving hospital infrastructure coupled with availability of favorable reimbursement policies will drive segmental growth during the projection timeframe.

U.S. laser therapy devices market is estimated to foresee lucrative growth over the forecast period due to rapid rising acceptance of innovative laser therapy solutions in this region. Increasing popularity and implementation of minimally invasive laser procedures such as laser hair removal, removal of scars, resurfacing of the skin, and liposuction among the population due to high emphasis on aesthetics will enhance the market growth. Moreover, rise in disposable income and supportive government initiatives to develop advanced products for aesthetics treatment will augment U.S. laser therapy devices industry growth.  

India laser therapy devices market is estimated to witness lucrative growth over the forecast period due to the increasing prevalence of chronic diseases such as dermatological, cancer, and eye-related diseases among few others. Growing awareness about the novel and advanced laser therapy devices for aesthetic treatment will offer a lucrative growth opportunity in this region. In addition, growing healthcare expenditure to develop advanced aesthetics treatment will accelerate India laser therapy devices market growth.  

Few of the major players operating in the global laser therapy devices market include Boston Scientific Corporation, IPG Photonics Corporation, Angiodynamics, Biolase, Inc. and Iridex Corporation among other players. These industry players implement various strategies such as mergers & acquisitions, partnerships, and new product launch to enhance profitability and company growth. For instance, in June 2019, iRestore Laser received the U.S. FDA approval for new iRestore Professional, an advanced low level laser therapy (LLLT) device used in the treatment of thinning hair and hair loss condition that is common in most of the Americans. This strategy will expand the company’s laser therapy devices portfolio along with its customer base.

Laser Therapy Devices Market by Product, 2014-2025 (USD Million)

  • Gas Laser Systems
  • Liquid/Dye Laser Systems
  • Semiconductor/Diode Laser Systems
  • Others

Laser Therapy Devices Market by Application, 2014-2025 (USD Million)

  • Dermatology
  • Dentistry
  • Gynecology
  • Ophthalmology
  • Urology
  • Cardiovascular
  • Oncology
  • Others

Laser Therapy Devices Market by End-Use, 2014-2025 (USD Million)

  • Hospitals       
  • Ambulatory Surgical Centers
  • Specialized Clinics
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
  • Latin America
    • Mexico
    • Brazil
  • Middle East and Africa
    • South Africa
    • Saudi Arabia

Company Profiles:

  • Alma Lasers
  • Angiodynamics
  • Biolase, Inc.
  • Biolitec AG Untere Viaduktgasse
  • Boston Scientific Corporation
  • Cutera
  • Fotona
  • Hologic, Inc.
  • IPG Photonics Corporation
  • Iridex Corporation
  • Lumenis


What Information does this report contain?

Historical data coverage: 2013 to 2015; Growth Projections: 2016 to 2026.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Customize this Report

Pre Book Now

Need a Discount? Get in touch with us for special pricing

Request Discount

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

 Connect with our sales team

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

GMIPulse, our report store

We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework.

Chat with us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X