Photostimulation Lasers Market size is anticipated to grow significantly between 2023 and 2032 due to growing awareness about the benefits of non-invasive therapies and the introduction of supportive government initiatives.
Photostimulation lasers are used to artificially activate biological compounds, cells, tissues, or even whole organisms. Instead of electrical stimulation, they use light stimulation because it is less intrusive and offers higher spatial and temporal specificity and flexibility. The rise in cases of musculoskeletal and dental diseases and an influx of third-party vendors will drive product demand in the ensuing years.
On the basis of modality, the portable photostimulation lasers market is expected to expand on account of the rising popularity of these devices over more established standalone fixed equipment. Portable imaging systems can be theoretically shrunk for use in medicine and are lightweight, portable, sturdy, and easy to transport. Moreover, they are widely utilized in in-vivo applications. The rising popularity of spatial light modulator (SLM) solutions is expected to boost market outlook.
According to end-use, the photostimulation lasers market from the hospitals segment is expected to grow in view of an increase in patient preference for physiotherapy. The prevalence of hospitalizations has increased as a result of musculoskeletal illnesses. According to the World Health Organization (WHO), 1.7 billion individuals suffer from musculoskeletal conditions such as low back pain, osteoarthritis, fractures, neck pain, other injuries, amputation and rheumatoid arthritis. The growing availability of attractive reimbursement schemes for surgeries performed in hospital settings will contribute to the market.
In terms of application, the photostimulation lasers market value from the musculoskeletal segment is expected to increase due to the growing prevalence of Myofascial Trigger Points (MTrPs) worldwide. The inconsistent success rates of several invasive and non-invasive methods led to the development of new techniques in photomedicine using coherent light sources (lasers). The rising expansion for low-level laser therapy techniques for the treatment of orthopedic disorders such as musculoskeletal pain is expected to influence market progress.
Regionally, North America is estimated to emerge as a lucrative market for photostimulation lasers by 2032 owing to the robust economic progression and growing level of governmental support. Leading industry players have increased their R&D efforts along with the growing demand for improved laser systems and technological advancements. The growing number of supported facilities, third-party vendors, and organizations in the region would render promising business opportunities for regional market growth.
GymnaUniphy, RIKTAMED, BTL International, Mettler Electronics, Elettronica Pagani, Zimmer MedizinSysteme, EMS Physio, Astar, and Chattanooga International are some key industry participants in the global photostimulation lasers market.
The photostimulation laser market is on the cusp of witnessing promising progress owing to new technological innovations and advancements in product application in the healthcare domain. Rising investments in the development of novel treatment options for patients sufferings from musculoskeletal conditions as well as other ailments will shape market trends.