Key Trends and Insights into the Surgical Lasers Market: Growth Rate and Opportunities to 2034
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How has the surgical lasers market grown over the years?
There has been a rapid expansion in the size of the surgical lasers market in recent years. The predictions are for an increase from $7.17 billion in 2024 to $8.01 billion in 2025, reflecting a compound annual growth rate (CAGR) of 11.7%. This growth during the historical period is due to various factors including the evolution of CO2 lasers for specific surgical procedures, use of argon lasers in eye related treatments, the appearance of diode lasers for diverse applications, progress in excimer lasers for ocular surgeries, the integration of cooling functions in laser equipment, the implementation of fibre optic laser delivery, the broadening of laser applications in dental treatments, refinements in laser accuracy and targeting, the advent of high-power lasers for cancer therapies, and investments in research and development for minimally invasive laser systems.
What Is the forecasted market size and growth rate for the surgical lasers market?
Expectations suggest a swift expansion in the surgical lasers market, with projections estimating a market value of $12.32 billion in 2029, growing at a compound annual growth rate (CAGR) of 11.4%. Such significant advancement during the forecasted period can be credited to the rise of AI-embedded laser systems, progression in lightweight and compact laser apparatus, improved laser system efficiency and safety measures. Additionally, increasing innovation in photothermal and photochemical treatments, the creation of versatile laser platforms, inclusion of the internet of things (IoT) in laser systems, amplified real-time imaging capability for laser guidance, along with global surge in the demand for minimally intrusive treatments. The prominent trends anticipated during this period comprise faster approvals for AI-integrated devices, incentives for R&D in laser technology, the uptake of robotic-assisted surgical lasers, and innovative laser products.
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What are the major factors driving growth in the surgical lasers market?
The increasing incidence of ophthalmic conditions is likely to fuel the expansion of the surgical laser market in the future. Ophthalmic conditions include health problems that affect not only the eyes but also related structures such as the eyelids, tear ducts, optic nerves, and surrounding tissues. Growing old age population, increased screen exposure, environmental pollution, genetic factors, and lifestyle adjustments are some of the factors responsible for the heightened instances of eye-related conditions like cataracts, glaucoma, and macular degeneration. Surgical lasers play an instrumental role for patients with ophthalmic disorders by providing focussed light energy which precisely targets and treats specific tissues allowing for minimal invasive procedures that bring down recovery periods, mitigate complications, and enhance eyesight results in conditions like cataracts, glaucoma, diabetic retinopathy, and retinal disorders, which ultimately improves the quality of life for those affected by these conditions. For example, as published by the World Health Organization (WHO), a UN-affiliated public health agency based in Switzerland, in 2024 over 2.2 billion people across the globe were impacted by near or long-distance vision impairments. Key contributing factors were cataracts (94 million cases), refractive errors (88.4 million), age-related macular degeneration (8 million), glaucoma (7.7 million), and diabetic retinopathy (3.9 million). The increasing incidence of ophthalmic conditions is therefore a driving force for the growth of the surgical lasers market.
What key areas define the segmentation of the global surgical lasers Market?
The surgical lasers market covered in this report is segmented –
1) By Type: Carbon Dioxide Lasers, Argon Lasers, ND:Yag Lasers, Diode Lasers, Other Surgical Lasers Connected Sensors
2) By Procedure Type: Open Surgery, Laparoscopic Surgery, Percutaneous Surgery
3) Application: Ophthalmology, Dermatology, Dentistry, Urology, Cardiology, Gynecology, Oncology, Other Applications
4) By End-Use: Hospitals, Specialty Clinics, Ambulatory Surgical Centers
Subsegments:
1) By Carbon Dioxide Lasers: Laser Scalpel Systems, CO2 Laser Resurfacing Systems, CO2 Laser Ablation Systems
2) By Argon Lasers: Laser Photocoagulation Systems, Retinal Phototherapy Lasers, Laser Surgical Systems
3) By ND:YAG Lasers: Laser Lithotripsy Systems, Laser Hair Removal Systems, Laser Coagulation Systems
4) By Diode Lasers: Diode Laser For Soft Tissue Surgery, Diode Laser For Dental Applications, Diode Laser For Aesthetic Treatments
5) By Other Surgical Lasers Connected Sensors: Holmium Lasers For Urology, KTP Lasers For Endoscopic Surgery, Alexandrite Lasers For Dermatology, Excimer Lasers For Ophthalmology
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What are the top market players propelling the growth of the surgical lasers industry?
Major companies operating in the surgical lasers market are Johnson & Johnson Services Inc., Koninklijke Philips N.V., Boston Scientific Corporation, IPG Photonics Corporation, Alcon Inc., Hologic Inc., Zimmer Biomet, Fotona, El.En. S.p.A., Lumenis Be Ltd., Cutera Inc., Alma Lasers, KLS Martin Group, IRIDEX Corporation, BIOLASE Inc., Quanta System, Candela Corporation, Asclepion Laser Technologies, LightScalpel Inc., INTERmedic Arfran
What emerging trends are influencing the growth of the surgical lasers market?
Major companies operating in the surgical lasers market are focusing on developing technologically advanced products such as ELITA Laser technology to enhance surgeons’ confidence and offer better visual outcomes and faster recovery for patients undergoing LASIK surgery. ELITA Laser Technology is an advanced femtosecond laser system designed for precision in LASIK eye surgeries. For instance, in April 2023, the Johnson & Johnson company, a US-based company that manufactures medical devices, received Food and Drug Administration (FDA) clearance for its ELITA Femtosecond Laser. It is an advanced laser technology designed to create precise LASIK flaps. The ELITA Femtosecond Laser enhances surgical precision with low-energy pulses, ultra-fast repetition, and sub-micron accuracy, delivering smooth flap lifts and exceptional visual outcomes. Its user-friendly design ensures efficiency for practices, quick setup, and faster patient recovery.
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What regions are dominating the surgical lasers market growth?
North America was the largest region in the surgical lasers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surgical lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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