Home > Healthcare & Medical Devices > Laser Therapy Devices Market

Laser Therapy Devices Market Size, Share and Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2023 – 2032

  • Report ID: GMI3871

Laser Therapy Devices Market size is anticipated to proliferate between 2023 and 2032 attributed to the increased use of cold laser therapy, which uses low amounts of light to stimulate recovery. Doctors and healthcare professionals utilize laser therapy devices to treat scars and wounds. Moreover, laser therapy devices are used for many purposes including the coagulation of tissue and the elimination of malignancies.
 

As per end-use, the laser therapy devices market from the hospital segment is set to record promising growth by 2032. This progress is linked to the presence of cutting-edge laser equipment in these settings. A rise in hospitalizations for complicated operations including cancer-related processes and cardiovascular problems is expected to influence product demand even further. Over the next few years, the availability of beneficial reimbursement policies and improved hospital infrastructure are poised to drive market expansion.
 

Based on application, the ophthalmology market is projected to generate large revenues through 2032. Ophthalmic lasers allow precise and infection-free treatment of a variety of eye conditions. It is interesting that several laser procedures can be carried out without anesthesia and with little discomfort. These laser surgeries have multiple benefits including being reasonably affordable, highly accurate, and safe while effectively destroying the targeted tissue for a beneficial effect on the eye.
 

Regionally, North America laser therapy devices market is expected to grow owing to new product developments in the region. The patent covers specific laser products that the business will make an offer to the veterinary and medical industries.
 

The global market for laser therapy devices has several notable players, including Angiodynamics, IPG Photonics Corporation, Biolase Inc., Iridex Corporation, and Boston Scientific Corporation.
 

Impact of the Russia-Ukraine war on laser therapy devices market

The Russia-Ukraine war is anticipated to have a substantial impact of laser therapy devices business due to the volatile pricing of raw materials as well as supply chain interruptions. Due to the infrastructural breakdown of hospitals, the healthcare sector is likely to be impacted across these nations. Medical equipment manufacturing firms are looking for an alternative supplier to meet their production requirements and are concentrating on creating fresh approaches to deal with material shortages.
 

What Information does this report contain?

Historical data coverage: 2018 to 2022; Growth Projections: 2023 to 2032.
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.

Buy Now

Access to only 1 person; cannot be shared; cannot be printed

Access for 2 to 5 users only within same department of one company

Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Budget constraints? 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

Buy Now

Access to only 1 person; cannot be shared; cannot be printed

Access for 2 to 5 users only within same department of one company

Access to a company wide audience; includes subsidiary companies or other companies within a group of companies