Surgical Lasers Market Synopsis

Surgical Lasers Market Size Was Valued at USD 2.2 Billion in 2023, and is Projected to Reach USD 3.5 Billion by 2032, Growing at a CAGR of 5.2% From 2024-2032.

Surgical lasers are the use of lasers in conducting a surgery process or carrying out a surgical operation. Laser is known as an instrument used in emitting light with the help of the optical amplification process associated with the method of stimulated band emission of electromagnetic radiation. While traditional surgery entails the use of the scalpel to manage the routine activities of surgery, surgical lasers involves the use of the laser to incise tissues amongst many other tasks. There exist various consequences of surgical lasers including light chemical consequences, light mechanical consequences, light ablative consequences, and light thermal consequences.

• Surgical laser products are used in laser operations such purposes as coagulation, excision, resection, ablation, vaporization, desiccation, evaporation, and excision of aberrant or diseased tissues, destruction or shrinkage or removal of lesions and tumours, sealing of Lymph arteries, removal of moles and tattoo and sealing of blood vessels and nerve endings. They are applied in disorders related to skin, urological and gynaecological disorders, cardiovascular diseases, cancers, eye disorders and dental problems and in laparoscopic operations, percutaneous operations and open surgical procedures. The different types are available, including argon, diode, neodymium: YAG, YAG: Yttrium Aluminum Garnet, CO2 : Carbon Dioxide.
• Rising trend towards less invasions, noninvasive procedures and the tendency of a shorter hospital stay are the reasons which drive manufacturers to produce uniquely and technologically enhanced products and equipment. This is increasing the levels of competition with innovations such as new product developments. For instance, July last year, Candela Corporation received the U. S. Food and Drug Administration approval for its Vbeam Prima, a Pulsed Dye Laser (PDL) applicable in skin diseases such as rosacea, acne, facial leg and spider veins, scar, port wine stain, warts, stretch mark, and wrinkle.
• Positive growth aspect that is driving the dental laser market is the rising use of dental lasers due to the surgical opportunities and the strategies of the developers to increase concern. In February 2018, Biolase, Inc. made plans on how to increase the knowledge level of dental laser by proffering dental laser training programs through which dentists can be best prepared to attend to the needs of their patients.
• There are a number of factors that have been instrumental in making cosmetic procedures more acceptable and sought-after across the world, both in the developed and the developing countries; one of the most significant factors has been the increasing awareness of new fancy procedures. Indeed, in the recent past, there as an influx of various operations that incorporate the surgical laser equipment.

Surgical Lasers Market Trend Analysis

Growing Incidence of Chronic Diseases

• The increase in cases of chronic diseases, for example cardiovascular illnesses, diabetes, and cancer is boosting the demand for surgical lasers. Most of these diseases necessitate accurate and confined treatments, which the surgical lasers make possible. Laser surgeries provide benefits like lesser bleeding, short recovery time, and better asepsis, which makes laser surgeries more appropriate when dealing with complications arising out of chronic diseases. With the rate of occurrences of these diseases growing globally, health care practitioners are relying in enhanced surgical laser hence fostering growth in the same market.

Improvement in Healthcare Infrastructure

• Developed healthcare systems in the form of better infrastructure like better facilities like better hospitals, clinics, improved medical tools or equipments, and better human resource in the form of improved competencies of doctors, surgeons etc are increasing the use of surgical lasers. In addition, as healthcare facilities get more advanced, they also tend to apply new technologies in their daily functioning such as the use of surgical lasers for the best results. Such lasers are less invasive, have shorter recovery times, and tend to yield better results, in compliance with the current global shift in health care systems to enhance outcome and effectiveness. Therefore, the increasing development of healthcare in various regions leads to growth in the use of surgical lasers that in turn will also help the market in the further growth next year.

Surgical Lasers Market Segment Analysis:

Surgical Lasers Market Segmented based on Type, Procedure, Application, and End Use.

By End Use, Hospital segment is expected to dominate the market during the forecast period

• The segment is expected to retain its leadership in the overall market throughout the forecast period. The factor that has contributed to the growth of the hospital segment is the rising number of aesthetic treatments performed in hospitals across the significant markets, namely the United States, Germany, and Japan. For instance, ASPS recorded that in 2018, a total of 4,488,550 cosmetic procedures were conducted in hospitals across the U. S. Additionally, the upsurge in awareness regarding aesthetic and cosmetic procedures in emerging markets such as India and China is expected to boost the segment.
• Among all these specialized facilities, ambulatory surgical centers registered the highest growth rates as the number of surgical operations being performed in the ASCs increases. This goes a long way in cutting down the total time taken for a patient from the time they seek medical attention to the time they are treated without having to dig deep in their pockets. ASCs also play the role of enhancing access to more complex procedures in rural areas.

By Type, Carbon Dioxide Laser segment held the largest share in 2023

• Based on the Type, the market is bifurcated into Carbon Dioxide (CO2) Lasers, Argon Lasers, ND: YAG (Neodymium: Yttrium-Aluminum-Garnet) Lasers, Diode Lasers, and Other Surgical Lasers.
• Other common surgical lasers belong to the category of solid-state lasers, and include:CO2 Laser is expected to have the largest market share; it is one of the most commonly used in the medical field. They can be generalized to the notable innovation in the field of cosmetic laser treatment and massive popularization of novel CO2 based operative lasers.

Surgical Lasers Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• North America is going to dominate the large part of this market due to the presence of a significantly higher number of cosmetic laser equipment manufacturers and medical practitioners using advanced surgical technologies.
• The key factors are well-developed healthcare system and healthcare infrastructure along with high utilization of technologically advanced aesthetic laser systems mainly in North America and rising trends towards aesthetic and plastic surgeries. In addition, the major players having operational facilities in the region and the new strategic measures being continued to be launched by them are expected to consolidate a conducive environment for the market in the region.

Active Key Players in the Surgical Lasers Market

• Abbott Laboratories, Inc.
• Boston Scientific Corporation
• Biolitec AG
• Alma Lasers
• Bison Medical Co., Ltd.
• IPG Photonics Corporation
• Lumenis
• Fotona D.O.O.
• Cynosure, Inc.
• Spectranetics Corporation and Other Key Players

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. SURGICAL LASERS MARKET BY TYPE (2017-2032)
   1. SURGICAL LASERS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. CARBON DIOXIDE (CO2) LASERS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. ARGON LASERS
   5. ND: YAG (NEODYMIUM: YTTRIUM-ALUMINUM-GARNET) LASERS
   6. DIODE LASERS
   7. OTHER SURGICAL LASERS
7. SURGICAL LASERS MARKET BY PROCEDURE (2017-2032)
   1. SURGICAL LASERS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. OPEN SURGERY
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. LAPAROSCOPIC SURGERY
   5. PERCUTANEOUS SURGERY
8. SURGICAL LASERS MARKET BY APPLICATION (2017-2032)
   1. SURGICAL LASERS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. CARDIOLOGY
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. DENTAL
   5. DERMATOLOGY
   6. GYNECOLOGY
   7. OTHERS
9. SURGICAL LASERS MARKET BY END-USER (2017-2032)
   1. SURGICAL LASERS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. HOSPITALS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. SPECIALTY CLINICS
   5. AMBULATORY SURGICAL CENTERS
10. COMPANY PROFILES AND COMPETITIVE ANALYSIS
    1. COMPETITIVE LANDSCAPE
       1. Competitive Benchmarking
       2. SURGICAL LASERS Market Share By Manufacturer (2023)
       3. Industry BCG Matrix
       4. Heat Map Analysis
       5. Mergers & Acquisitions
    2. ABBOTT LABORATORIES, INC.
       1. Company Overview
       2. Key Executives
       3. Company Snapshot
       4. Role of the Company in the Market
       5. Sustainability and Social Responsibility
       6. Operating Business Segments
       7. Product Portfolio
       8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
       9. Key Strategic Moves And Recent Developments
       10. SWOT Analysis
    3. BOSTON SCIENTIFIC CORPORATION
    4. BIOLITEC AG
    5. ALMA LASERS
    6. BISON MEDICAL CO., LTD.
    7. IPG PHOTONICS CORPORATION
    8. LUMENIS
    9. FOTONA D.O.O.
    10. CYNOSURE, INC.
    11. SPECTRANETICS CORPORATION
11. GLOBAL SURGICAL LASERS MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Type
       4. Historic And Forecasted Market Size By Procedure
       5. Historic And Forecasted Market Size By Application
       6. Historic And Forecasted Market Size By End-User
       7. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
12. INVESTMENT ANALYSIS
13. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. SURGICAL LASERS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. SURGICAL LASERS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. SURGICAL LASERS MARKET COMPETITIVE RIVALRY
TABLE 005. SURGICAL LASERS MARKET THREAT OF NEW ENTRANTS
TABLE 006. SURGICAL LASERS MARKET THREAT OF SUBSTITUTES
TABLE 007. SURGICAL LASERS MARKET BY PRODUCT TYPE
TABLE 008. ARGON LASER MARKET OVERVIEW (2016-2028)
TABLE 009. CARBON DIOXIDE LASER MARKET OVERVIEW (2016-2028)
TABLE 010. NEODYMIUM: YTTRIUM-ALUMINIUM-GARNET LASER MARKET OVERVIEW (2016-2028)
TABLE 011. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 012. SURGICAL LASERS MARKET BY APPLICATION
TABLE 013. ONCOLOGY MARKET OVERVIEW (2016-2028)
TABLE 014. OPHTHALMOLOGY MARKET OVERVIEW (2016-2028)
TABLE 015. UROLOGY MARKET OVERVIEW (2016-2028)
TABLE 016. CARDIOLOGY MARKET OVERVIEW (2016-2028)
TABLE 017. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 018. NORTH AMERICA SURGICAL LASERS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 019. NORTH AMERICA SURGICAL LASERS MARKET, BY APPLICATION (2016-2028)
TABLE 020. N SURGICAL LASERS MARKET, BY COUNTRY (2016-2028)
TABLE 021. EUROPE SURGICAL LASERS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 022. EUROPE SURGICAL LASERS MARKET, BY APPLICATION (2016-2028)
TABLE 023. SURGICAL LASERS MARKET, BY COUNTRY (2016-2028)
TABLE 024. ASIA PACIFIC SURGICAL LASERS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 025. ASIA PACIFIC SURGICAL LASERS MARKET, BY APPLICATION (2016-2028)
TABLE 026. SURGICAL LASERS MARKET, BY COUNTRY (2016-2028)
TABLE 027. MIDDLE EAST & AFRICA SURGICAL LASERS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 028. MIDDLE EAST & AFRICA SURGICAL LASERS MARKET, BY APPLICATION (2016-2028)
TABLE 029. SURGICAL LASERS MARKET, BY COUNTRY (2016-2028)
TABLE 030. SOUTH AMERICA SURGICAL LASERS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 031. SOUTH AMERICA SURGICAL LASERS MARKET, BY APPLICATION (2016-2028)
TABLE 032. SURGICAL LASERS MARKET, BY COUNTRY (2016-2028)
TABLE 033. CYNOSURE INC. (UNITED STATES): SNAPSHOT
TABLE 034. CYNOSURE INC. (UNITED STATES): BUSINESS PERFORMANCE
TABLE 035. CYNOSURE INC. (UNITED STATES): PRODUCT PORTFOLIO
TABLE 036. CYNOSURE INC. (UNITED STATES): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 036. LUMENIS LTD. (ISRAEL): SNAPSHOT
TABLE 037. LUMENIS LTD. (ISRAEL): BUSINESS PERFORMANCE
TABLE 038. LUMENIS LTD. (ISRAEL): PRODUCT PORTFOLIO
TABLE 039. LUMENIS LTD. (ISRAEL): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 039. CANDELA CORPORATION (UNITED STATES): SNAPSHOT
TABLE 040. CANDELA CORPORATION (UNITED STATES): BUSINESS PERFORMANCE
TABLE 041. CANDELA CORPORATION (UNITED STATES): PRODUCT PORTFOLIO
TABLE 042. CANDELA CORPORATION (UNITED STATES): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. CUTERA INC. (CALIFORNIA: SNAPSHOT
TABLE 043. CUTERA INC. (CALIFORNIA: BUSINESS PERFORMANCE
TABLE 044. CUTERA INC. (CALIFORNIA: PRODUCT PORTFOLIO
TABLE 045. CUTERA INC. (CALIFORNIA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. UNITED STATES): SNAPSHOT
TABLE 046. UNITED STATES): BUSINESS PERFORMANCE
TABLE 047. UNITED STATES): PRODUCT PORTFOLIO
TABLE 048. UNITED STATES): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. LUTRONIC CORPORATION (SOUTH KOREA): SNAPSHOT
TABLE 049. LUTRONIC CORPORATION (SOUTH KOREA): BUSINESS PERFORMANCE
TABLE 050. LUTRONIC CORPORATION (SOUTH KOREA): PRODUCT PORTFOLIO
TABLE 051. LUTRONIC CORPORATION (SOUTH KOREA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. EL.EN GROUP (ITALY): SNAPSHOT
TABLE 052. EL.EN GROUP (ITALY): BUSINESS PERFORMANCE
TABLE 053. EL.EN GROUP (ITALY): PRODUCT PORTFOLIO
TABLE 054. EL.EN GROUP (ITALY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. FOTONAD. O.O (EUROPE): SNAPSHOT
TABLE 055. FOTONAD. O.O (EUROPE): BUSINESS PERFORMANCE
TABLE 056. FOTONAD. O.O (EUROPE): PRODUCT PORTFOLIO
TABLE 057. FOTONAD. O.O (EUROPE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. ALCON (SWITZERLAND): SNAPSHOT
TABLE 058. ALCON (SWITZERLAND): BUSINESS PERFORMANCE
TABLE 059. ALCON (SWITZERLAND): PRODUCT PORTFOLIO
TABLE 060. ALCON (SWITZERLAND): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. BIOLASE(UNITED STATES): SNAPSHOT
TABLE 061. BIOLASE(UNITED STATES): BUSINESS PERFORMANCE
TABLE 062. BIOLASE(UNITED STATES): PRODUCT PORTFOLIO
TABLE 063. BIOLASE(UNITED STATES): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. ASCLEPION LASER TECHNOLOGIES GMBH (GERMANY): SNAPSHOT
TABLE 064. ASCLEPION LASER TECHNOLOGIES GMBH (GERMANY): BUSINESS PERFORMANCE
TABLE 065. ASCLEPION LASER TECHNOLOGIES GMBH (GERMANY): PRODUCT PORTFOLIO
TABLE 066. ASCLEPION LASER TECHNOLOGIES GMBH (GERMANY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. BISON MEDICAL (SOUTH KOREA): SNAPSHOT
TABLE 067. BISON MEDICAL (SOUTH KOREA): BUSINESS PERFORMANCE
TABLE 068. BISON MEDICAL (SOUTH KOREA): PRODUCT PORTFOLIO
TABLE 069. BISON MEDICAL (SOUTH KOREA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 070. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 071. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 072. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. SURGICAL LASERS MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. SURGICAL LASERS MARKET OVERVIEW BY PRODUCT TYPE
FIGURE 012. ARGON LASER MARKET OVERVIEW (2016-2028)
FIGURE 013. CARBON DIOXIDE LASER MARKET OVERVIEW (2016-2028)
FIGURE 014. NEODYMIUM: YTTRIUM-ALUMINIUM-GARNET LASER MARKET OVERVIEW (2016-2028)
FIGURE 015. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 016. SURGICAL LASERS MARKET OVERVIEW BY APPLICATION
FIGURE 017. ONCOLOGY MARKET OVERVIEW (2016-2028)
FIGURE 018. OPHTHALMOLOGY MARKET OVERVIEW (2016-2028)
FIGURE 019. UROLOGY MARKET OVERVIEW (2016-2028)
FIGURE 020. CARDIOLOGY MARKET OVERVIEW (2016-2028)
FIGURE 021. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 022. NORTH AMERICA SURGICAL LASERS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. EUROPE SURGICAL LASERS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. ASIA PACIFIC SURGICAL LASERS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. MIDDLE EAST & AFRICA SURGICAL LASERS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. SOUTH AMERICA SURGICAL LASERS MARKET OVERVIEW BY COUNTRY (2016-2028)