Medical Lasers market is predicted to reach USD 16.5 billion at a CAGR of 13.50% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Medical Lasers market”.

The Medical Lasers market is estimated to register a CAGR of 13.50% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Medical Lasers market— El.En. S.p.A., Lumenis Ltd., BIOLASE, Inc., Lumibird Medical, Candela Corporation, Sisram Medical Ltd., IRIDEX Corporation, Topcon Corporation, Cynosure Inc.

Market Highlights

The global Medical Lasers market is accounted to register a CAGR of 13.50% during the forecast period and is estimated to reach USD 16.5 billion by 2032.

The Patients and healthcare providers are increasingly seeking minimally invasive treatment options. Medical lasers allow for precise, bloodless, and less painful surgeries, which often lead to shorter recovery times and reduced hospital stays. This trend drives the adoption of laser-based medical procedures. The rising incidence of chronic diseases such as cancer, diabetes, and cardiovascular diseases has led to an increased need for laser-based diagnostics, therapies, and surgeries. For example, lasers are used in cancer treatment, diabetic retinopathy management, and cardiac procedures. Advances in laser technology, such as the development of more precise and versatile laser systems, have expanded the range of medical applications.

Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Medical Lasers Market Research Report

Segment Analysis

The global medical lasers market has been segmented based on type, product and end user.

On the basis of type, the market is segmented into Surgical Lasers, Dental Lasers, Aesthetic Lasers and Other. The surgical lasers segment was attributed to holding the largest market share in 2022, due to their extensive use in a wide range of surgical procedures.

Based on product, the global Medical Lasers market has been segmented into Laser Systems and Consumables. The consumables segment was expected to hold the largest market share in 2022, as it as a higher profit margin compared to capital equipment.

Based on end user, the global Medical Lasers market has been segmented into Hospitals and Specialty Clinics. The specialty clinics segment was expected to hold the largest market share in 2022, due to its specialized emphasis on particular medical procedures.

Regional Analysis

The global Medical Lasers market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Medical Lasers market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Medical Lasers market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Medical Lasers market comprises of Middle East, Africa, and Latin America.

The largest market share for Medical Lasers was maintained by the North American regional sector. This increase is attributed to its robust healthcare infrastructure, significant research and development investments, and a large patient population. Leading medical laser manufacturers and innovators are headquartered in North America, contributing to a strong market presence. Additionally, the region's advanced regulatory framework and high levels of healthcare spending drive the adoption of medical laser technologies across various medical specialties, cementing its dominance in the global market.

Moreover, the Europe market has been persistently growing over the forecast period. The demand for Medical Lasers is driven by factors such as a well-established healthcare system with a focus on advanced medical technologies and a growing elderly population requiring laser-based treatments for age-related conditions. Additionally, stringent regulatory standards and a strong presence of key medical laser manufacturers and research institutions contribute to the growth and dominance of the market in Europe.

Additionally, due to a rapidly growing population, increasing healthcare investments, and rising awareness of advanced medical treatments, Asia Pacific is anticipated to experience the quickest growth over the forecast period. The region's healthcare infrastructure is expanding to meet the demands of its burgeoning population, leading to greater opportunities for medical laser technology adoption. Additionally, medical tourism in countries like India and Thailand further boosts the demand for medical laser treatments, making the Asia-Pacific region a key player in the global medical laser market.

Furthermore, the rest of the world's Medical Lasers market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the increasing healthcare investments, a growing demand for advanced medical technologies, and expanding access to healthcare services, especially in emerging economies. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.

Key Findings of the Study

• The global Medical Lasers market is expected to reach USD 16.5 billion by 2032, at a CAGR of 13.50% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the rapidly growing healthcare infrastructure and increasing demand for aesthetic and cosmetic procedures.


• Based on product, the consumables segment was attributed to holding the largest market in 2022, with an approximate market share of 45–50%.


• En. S.p.A., Lumenis Ltd., BIOLASE, Inc., Lumibird Medical, Candela Corporation, Sisram Medical Ltd., IRIDEX Corporation, Topcon Corporation, Cynosure Inc.