Medical Laser Market To Reach USD 11.26 Billion In 2032 On The Back Of Growing Popularity and Increasing Adoption Of The Product

The global medical laser market size was valued at USD 5.47 billion in 2024. The market is projected to grow from USD 5.83 billion in 2025 to USD 11.26 billion by 2032, exhibiting a CAGR of 9.9% during the forecast period.

Fortune Business Insights presents this information in its report titled “Medical Laser Market Size, Share & Industry Analysis, By Type (Surgical Lasers, Dental Lasers, Aesthetic Lasers, and Others), By Product (Laser Systems and Consumables), By End User (Hospitals and Specialty Clinics), and Regional Forecast, 2025-2032”.

Laser therapy is a medical treatment which is a non-invasive and intensive light source for treating tissue and providing quick healing without leaving any scars or discolor. The rising demand for minimally invasive and cosmetic procedures and introduction of technologically advanced aesthetic lasers is set to drive the adoption of the product.

The pandemic of COVID-19 severely impacted the market growth witnessed a reduction in hospitals and other specialty clinics, patients for undergoing laser surgeries. However, in 2021, Iridex Corporation witnessed had an increase of 48.3% in its revenue for laser systems.

BIOLASE, Inc. Commercialized Its Products In 2022, Leading To Strengthening Its Market Position 

In January 2022, BIOLASE, Inc. commercialized endodontic products, received FDA 510(k) clearance of the EdgePRO laser-assisted irrigation device, used as effective cleaning and disinfection alternative within root canal procedures. The company is one of the leading players dental lasers.

With the Demand for Minimally Invasive Procedures, the Market is Set to Augment Gradually 

Demand for minimally invasive procedures is set to drive the medical laser market growth. medical lasers offers safety in the treatment of tissue without injuring the surrounding area of the patient which has further contributed to its growing popularity and increasing adoption among healthcare providers. The growing demand for procedure specific laser treatments is also boosting the market growth.

On the other hand, substitute treatments available at a low costs and have less side effects and they are opted by the healthcare providers in order to avoid complications which is set to hinder the market growth. The hindrance is further augmented due to high costs of the medical laser systems.

Expansion of Cosmetic Lasers Segment By The Key Market Players to Boost The Market Competition

The market players are expanding their product portfolio in the cosmetic lasers segment. In addition, the companies are also focusing on their geographic presence expansion and strengthening their distribution channel to gain market share.

Key Industry Development

• January 2024: Lutronic was acquired by Cynosure Lutronic alongside a definite merger agreement to amalgamate both the companies as well. The acquisition has been aimed to serve both their customers with a wide range of products and also to have expanding geographical presence.

List of Key Players Profiled in the Market Report:

• Bausch Health Companies Inc. (Canada)


• Cynosure Lutronic(U.S.)


• Lumenis Be Ltd. (U.S.)


• Candela Corporation (U.S.)


• TOPCON CORPORATION (Japan)


• LUMIBIRD (France)


• IRIDEX Corporation (U.S.)


• Sisram Medical Ltd (Alma Lasers) (Israel)


• BIOLASE, Inc. (U.S.)


• El.En. S.p.A. (Italy)


• LAMEDITECH (Republic of Korea)

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/industry-reports/medical-lasers-market-101071

Further Report Findings:

• North America held largest part in the global medical laser market share with the valuation of USD 2.38 billion in 2024. The dominance is owing to high adoption rate of novel technologies in the U.S. and demand for cosmetic procedures. 


• Latin America and Middle East & Africa markets are expected to witness a noteworthy growth rate due to rising healthcare expenditure.


• Based on type, surgical lasers dominated in 2024 due to rising number of ophthalmic disorders and growing implementation for minimally invasive surgeries. Increasing number of technological advancements is also driving the segment growth.


• Based on product, consumables segment dominated the market due to rise in the demand for numerous surgeries and also on the account of skyrocketing number of consumables used at each laser system.


• In reference to the end-user, specialty clinics segment held in 2023 with growth in the demand for aesthetic appeal, growing per capita expenditure, and development of number of specialty clinics in the emerging nations. 

Table of Segmentation