Get 15% OFF on all 2025 Global Market Reports until March 31st! Apply code FY25SAVE and grab your savings today!

How has the excimer laser market grown over the years?

The market size of the excimer laser has seen a swift expansion in the past few years, with projections estimating it will rise from $0.62 billion in 2024 to $0.68 billion in 2025, boasting a compound annual growth rate (CAGR) of 10.8%. The significant growth observed in the historic period is largely due to a surge in demand for advanced medical treatments, an increase in its application in eye surgery, a boom in semiconductor manufacturing, a rising frequency of skin conditions, and escalated healthcare spending.

What Is the forecasted market size and growth rate for the excimer laser market?

Rapid expansion is anticipated for the excimer laser market in the coming years, with projections suggesting a growth to $1.02 billion by 2029, equating to a compound annual growth rate (CAGR) of 10.5%. Several factors may contribute to this growth in the prediction period including an increased requirement for non-invasive procedures, a burgeoning older population, a rising demand in the healthcare sector, an escalating prevalence of refractive errors, and a surging demand for electronic devices. Key trends within the forecasted period encompass technological innovation, embracing AI, machine learning, smart home devices, and the use of blockchain technology.

Get your excimer laser market report here!

https://www.thebusinessresearchcompany.com/report/excimer-laser-global-market-report

What are the major factors driving growth in the excimer laser market?

The escalating incidence of eye conditions is anticipated to drive the growth of the excimer laser market. The surge in eye conditions can be attributed to several factors, including increased screen usage, environmental factors, chronic ailments, a deficiency in preventive care, and lifestyle-related factors. An excimer laser is helpful in treating eye conditions by reshaping the cornea to address vision problems such as myopia, hypermetropia, and astigmatism. For example, a report by the US-based government organization National Health Services, revealed that in August 2024, around 8,400 low vision assessments were performed during 2023-24, indicating a 3.7% increase from 2022-23. About 87.2% of these assessments were preliminary evaluations, with the residual 12.8% being follow-ups. As a result, the climbing incidence of eye conditions is giving impetus to the growth of the excimer laser market.

What key areas define the segmentation of the global excimer laser Market?

The excimer laser market covered in this report is segmented –

1) By Type Of Gases: Noble Gas, Halogen Gas, Buffer Gas

2) By Technology: Excimer Laser Gas Mixture, Excimer Laser Wavelength

3) By Application: Photolithography, Laser Surgery, Pulsed Laser Deposition, Laser Making O Glass And Plastic, Pumping Of Another Laser

4) By End User: Hospitals And Clinics, Semiconductor Industry, Automotive Industry, Other End Users

Subsegments:

1) By Noble Gas: Argon Fluoride (ArF) Lasers, Krypton Fluoride (KrF) Lasers, Xenon Fluoride (XeF) Lasers, Argon-Ion (Ar+) Lasers, Neon-Ion (Ne+) Lasers

2) By Halogen Gas: Chlorine (Cl2) Lasers, Fluorine (F2) Lasers, Bromine (Br2) Lasers, Hydrogen Fluoride (HF) Lasers, Hydrogen Chloride (HCl) Lasers

3) By Buffer Gas: Neon (Ne) As A Buffer Gas, Helium (He) As A Buffer Gas, Nitrogen (N2) As A Buffer Gas, Xenon (Xe) As A Buffer Gas, Hydrogen (H2) As A Buffer Gas

Get your free sample now – explore exclusive market insights:

https://www.thebusinessresearchcompany.com/sample.aspx?id=20550&type=smp

What are the top market players propelling the growth of the excimer laser industry?

Major companies operating in the excimer laser market are Abbott Laboratories, Carl Zeiss AG, Alcon Inc., TRUMPF GmbH + Co. KG, Nikon Corporation, Bausch & Lomb Incorporated, Coherent Inc., IPG Photonics Corporation, Hoya Corporation, Advanced Medical Optics Inc., Lumenis Ltd., SUSS MicroTec SE, Jenoptik AG, LASIK Vision Correction Inc., Gigaphoton Inc., TECHNOLAS Perfect Vision GmbH, Ellex Medical Lasers Limited, SCHWIND eye-tech-solutions GmbH & Co. KG, Radiant Dyes Laser & Accessoires GmbH, Ziemer Ophthalmic Systems AG, A.R.C. Laser GmbH, FEMTO LASER Inc., WaveLight GmbH, LightMachinery Inc.

What are the key trends shaping the future of the excimer laser market?

Major firms in the excimer laser market are working on sophisticated tech enhancements like excimer laser platforms capable of offering perfect precision and reduced thermal damage. These platforms, powered by excimer lasers, provide high-energy, accurate ultraviolet light ideal for uses such as scientific research, medical procedures, and material processing. For instance, the US healthcare company Bausch + Lomb Corporation achieved a considerable leap forward in LASIK vision correction surgery for myopic astigmatism and myopia when they gained approval from the U.S. Food and Drug Administration (FDA) for their TENEO Excimer Laser Platform in January 2024. The platform boasts a superior eye-tracking system running at 1,740 Hz which is over triple the laser’s repetition rate, ensuring accurate laser ablation patterns, notwithstanding patients’ eye movements.

Unlock exclusive market insights – purchase your research report now for a swift delivery!

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20550

What regions are dominating the excimer laser market growth?

North America was the largest region in the excimer laser market in 2024. The regions covered in the excimer laser market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Browse Through More Similar Reports By The Business Research Company:

Fiber Lasers Global Market Report 2025

https://www.thebusinessresearchcompany.com/report/fiber-lasers-global-market-report

Medical Lasers Global Market Report 2025

https://www.thebusinessresearchcompany.com/report/medical-lasers-global-market-report

Urology Medical Lasers Global Market Report 2025

https://www.thebusinessresearchcompany.com/report/urology-medical-lasers-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: