Global Excimer Laser Market
Healthcare Services

Excimer Laser Market Insights: In-Depth Look at Growth Trends, Market Size, and Opportunities for 2025-2034

2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What External and Internal Drivers Are Contributing to the Growth of theExcimer Laser Market?

The upswing in eye-related health issues is anticipated to drive the expansion of the excimer laser market. The surge in the incidents of eye disorders is attributed to numerous factors like extended screen time, environmental elements, chronic diseases, insufficient preventive healthcare, and lifestyle influences. An excimer laser is employed to correct vision problems such as nearsightedness, farsightedness, and astigmatism by reshaping the cornea. For example, a report by the US-based government organization, National Health Services, revealed that in August 2024, 8,400 low vision assessments took place during 2023-24, which signifies a 3.7% growth from the previous year, 2022-23. Out of these, 87.2% were initial evaluations while 12.8% were follow-ups. Hence, the escalating frequency of eye disorders is fueling the excimer laser market development.

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#What is the Projected CAGR for the Excimer Laser Market Size from 2025 to 2034?

The excimer laser industry has witnessed fast-paced expansion in the recent past. The market is expected to expand from a valuation of $0.62 billion in 2024 to an estimated $0.68 billion in 2025, growing at a compound annual growth rate (CAGR) of up to 10.8%. The historical growth surge can be ascribed to factors such as the need for enhanced medical procedures, growing dependence on its application in eye operations, the escalating growth in semiconductor manufacturing, the rising occurrences of skin ailments, and an upward trend in healthcare spending.

The market size of the excimer laser is forecasted to have a swift expansion in the coming years, potentially reaching a value of $1.02 billion by 2029 with a CAGR of 10.5%. This predicted growth during the forecast period is primarily due to an increased need for non-invasive treatments, a demographic shift towards an aged population, an escalation in healthcare needs, a higher prevalence of refractive errors, and expanding demand for electronic gadgets. Critical trends during this forecast period comprise technological evolution, the integration of Artificial Intelligence (AI) and machine learning, the rise of smart home appliances, and the utilization of blockchain technology.

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Which Upcoming Market Trends and Innovations Are Set to Influence theExcimer Laser Market’s Path Forward?

Key players in the excimer laser market are innovating with cutting-edge technologies such as excimer laser platforms for improved precision and reduced thermal damage. These platforms employ excimer lasers to generate accurate, high-energy ultraviolet light used in various fields including medical surgeries, materials processing, and scientific investigation. For instance, Bausch + Lomb Corporation, a healthcare firm based in the US, was granted approval by the U.S. Food and Drug Administration (FDA) in January 2024 for their TENEO Excimer Laser Platform. This development signified major progress in LASIK vision correction for myopia and myopic astigmatism. The TENEO platform is equipped with a sophisticated eye-tracking mechanism which operates at 1,740 Hz, over three times quicker than the laser’s repetition rate, ensuring accurate laser ablation designs despite patient eye movements.

Who Are the Dominant Market Players Pushing the Boundaries of theExcimer Laser Market?

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.

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What Are the Core Segments of the Excimer Laser Market, and How Do They Contribute to Growth?

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

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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.

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