The laser therapy market is expected to reach US$ 3,514.02 million by 2027 from US$ 1,665.65 million in 2019; it is estimated to grow at a CAGR of 9.9% from 2020 to 2027.
Laser therapy is a noninvasive medical procedure that uses light of a specific wavelength to remove tumors or abnormal growth, treat hair conditions, remove kidney stones, and repair detached retina, among others. Laser therapy is considered as an advanced aspect of medical therapeutics. In medicine, laser allows surgeons to work at high precision level by focusing on definite area. This process involves less damage to the target compared with the traditional methods of surgery. The process of laser therapy is however costly and may require repetitive visits to surgeons.
Lucrative Regions for Laser Therapy Market
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Market Insights
Growing Product Launches
Various medical device manufacturers and start-ups are introducing latest technologies in the Laser Therapy market. The availability of various advanced products in the market allows medical professionals to improve patients’ health by enhancing their treatment efficiency. For instance, in February 2020, IRIDEX Corporation, a manufacturer of ophthalmic laser-based medical products, launched an upgraded second-generation version of MicroPulse P3 Device to treat glaucoma, and the upgrades made to the device is expected to substantially reduce intraocular pressure suitable for glaucoma patients without incisions.
Similarly, in January 2019, Gaksung Company Ltd, a South Korean company, launched its product Champ Beam in the Indian market. The laser beams penetrate deep inside the body and help in improving the life cycle of cells by regulating blood flow and removing toxins from the blood vessels. In addition, the rising trend of fitness and beauty has increased the demand for beauty devices. Therefore, technological advancements have encouraged several companies to innovate devices that promote healthy skin. For instance, Belle51, a Los Angeles-based company, launched its laser-based device—Solèy—in June 2019. The device is designed for home care and can be easily used to remove dark spots, melasma, unwanted moles, stretch marks, and acne scars. The device is available for sales in the US and is distributed globally. Such products launches are expected to continue to drive the market growth during the forecast period.
Type-Based Market Insights
The diode laser segment held the largest share of the laser therapy market, based on type, in 2019, and it is expected to register the highest CAGR during the forecast period. This expected lucrative growth of the market for laser diodes is attributed to rapid adoption of these devices in photodynamic treatments and aesthetic procedures. Additionally, the diode laser devices are effectively used for treating conditions such as incision, hemostasis, and coagulation. Moreover, the use of this type of laser devices involves minimal swelling, scarring, and postsurgical pain.
Global Laser Therapy Market, by Type– 2019 and2027
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Application-Based Market Insights
The global laser therapy market, based on application was segmented into dermatology and aesthetics, dental, ophthalmology, urology, cardiovascular, oncology, and other applications. The dermatology and aesthetics segment held the highest share of the laser therapy market in 2019, by application. However, the market for the ophthalmology segment is anticipated to witness a significant CAGR during the forecast period.
End User-Based Market Insights
The global laser therapy Market, based on end user,is segmented into hospitals and specialized clinics, ambulatory surgical centers, and others. In 2019, the specialized clinics segment held the largest share of the market, and it is also expected to register the highest CAGR during 2020–2027.
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Laser Therapy Market: Strategic Insights
Market Size Value in US$ 1,665.65 Million in 2019 Market Size Value by US$ 3,514.02 Million by 2027 Growth rate CAGR of 9.9% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Laser Therapy Market: Strategic Insights
| Market Size Value in | US$ 1,665.65 Million in 2019 |
| Market Size Value by | US$ 3,514.02 Million by 2027 |
| Growth rate | CAGR of 9.9% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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Product approvals, product launches,expansions, and acquisitions are the mostcommonly adopted strategiesby companies to expand their footprints worldwide and meet the growing demand by broadening their product portfolios. For instance, in January 2020, Alma Lasers launched DermaClear 3-in-1 Skin Hydradermabrasion Platform. The system is used for deep cleansing, nourishment, and hydration of facial skin. It is available in three variants such as DermaClear EXFO, DermaClear CLEANSE, and DermaClear HYDRATE.
Global Laser Therapy Market – ByType
- Solid
- Liquid
- Gas
- Diode
Global Laser Therapy Market – By Application
- Dermatology and Aesthetics
- Dental
- Ophthalmology
- Urology
- Cardiovascular
- Oncology
- Other Applications
Global Laser Therapy Market – By End User
- Specialized Clinics
- Hospitals
- Ambulatory Clinics
- Others
Laser Therapy Market– By Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Spain
Asia Pacific
- China
- India
- South Korea
- Japan
- Australia
Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
South and Central America
- Brazil
- Argentina
Company Profiles
- Alma Lasers
- Coherent, Inc.
- biolitec Group
- BIOLASE, Inc.
- IPG Photonics Corporation
- Boston Scientific Corporation
- BTL
- Meditech International Inc. (BIOFLEX Laser Therapy)
- Baring Private Equity Asia Ltd (Lumenis)
- Cutera
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type ; Application ; End User , and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Laser Therapy Market – By Type
1.3.2 Laser Therapy Market – By Application
1.3.3 Laser Therapy Market – By End User
1.3.4 Global Laser Therapy Market – By Geography
2. Laser Therapy Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Laser Therapy Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.2.2 Europe – PEST Analysis
4.2.3 Asia Pacific– PEST Analysis
4.2.4 Middle East and Africa – PEST Analysis
4.2.5 South & Central America
4.3 Expert Opinion
5. Laser Therapy Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Broad Medical Applications
5.1.2 Growing Product Launches
5.2 Market Restraints
5.2.1 High Cost of Laser Therapy and Devices
5.3 Market Opportunities
5.3.1 Developments in Laser Technology
5.4 Future Trends
5.4.1 Adoption of LLLT
5.5 Impact Analysis
6. Laser Therapy Market – Global Analysis
6.1 Global Laser Therapy Market Revenue Forecast and Analysis
6.2 Global Laser Therapy Market, By Geography - Forecast and Analysis
6.3 Market Positioning of Key Players
7. Laser Therapy Market Analysis– by Type
7.1 Overview
7.2 Laser Therapy Market, By Type, 2019 & 2027 (%)
7.2.1 Laser Therapy Market Revenue and Forecasts to 2027, By Type (US$ Mn)
7.3 Solid
7.3.1 Overview
7.3.2 Solid Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Liquid
7.4.1 Overview
7.4.2 Liquid Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Gas
7.5.1 Overview
7.5.2 Gas Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Diode
7.6.1 Overview
7.6.2 Diode Market Revenue and Forecasts to 2027 (US$ Mn)
8. Laser Therapy Market Analysis– By Application
8.1 Overview
8.2 Laser Therapy Market, By Application, 2019 & 2027 (%)
8.2.1 Laser Therapy Market Revenue and Forecasts to 2027, By Application (US$ Mn)
8.3 Dermatology and Aesthetics
8.3.1 Overview
8.3.2 Dermatology and Aesthetics Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Dental
8.4.1 Overview
8.4.2 Dental Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Ophthalmology
8.5.1 Overview
8.5.2 Ophthalmology Market Revenue and Forecasts to 2027 (US$ Mn)
8.6 Urology
8.6.1 Overview
8.6.2 Urology Market Revenue and Forecasts to 2027 (US$ Mn)
8.7 Cardiovascular
8.7.1 Overview
8.7.2 Cardiovascular Market Revenue and Forecasts to 2027 (US$ Mn)
8.8 Oncology
8.8.1 Overview
8.8.2 Oncology Market Revenue and Forecasts to 2027 (US$ Mn)
8.9 Other Applications
8.9.1 Overview
8.9.2 Other Applications Market Revenue and Forecasts to 2027 (US$ Mn)
9. Laser Therapy Market Analysis– by End-User
9.1 Overview
9.2 Laser Therapy Market, By End User, 2019 & 2027 (% Share)
9.2.1 Laser Therapy Market Revenue and Forecasts to 2027, By End User (US$ Mn)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Specialized Clinics
9.4.1 Overview
9.4.2 Specialized Clinics Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Ambulatory Clinics
9.5.1 Overview
9.5.2 Ambulatory Clinics Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. Laser Therapy Market – Geographic Analysis
10.1 North America: Laser Therapy Market
10.1.1 Overview
10.1.2 North America: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.1.3 North America: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.1.4 North America: Laser Therapy Market, by Application, 2018–2027 (Million Units)
10.1.5 North America: Laser Therapy, Market, by End User, 2018–2027 (USD Million)
10.1.6 North America: Laser Therapy Market, by Country, 2019 & 2027 (%)
10.1.7 US: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.1 US: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.2 US: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.1.7.3 US: Laser Therapy Market, by Application, 2018–2027 (Million Units)
10.1.7.4 US: Laser Therapy, Market, by End User, 2018–2027 (USD Million)
10.1.8 Canada: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.1 Canada: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.2 Canada: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.1.8.3 Canada: Laser Therapy Market, by Application, 2018–2027 (Million Units)
10.1.8.4 Canada: Laser Therapy, Market, by End User, 2018–2027 (USD Million)
10.1.9 Mexico: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.1 Mexico: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.2 Mexico: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.1.9.3 Mexico: Laser Therapy Market, by Application, 2018–2027 (Million Units)
10.1.9.4 Mexico: Laser Therapy, Market, by End User, 2018–2027 (USD Million)
10.2 Europe: Laser Therapy Market
10.2.1 Overview
10.2.2 Europe: Laser Therapy Market - Revenue and Forecast to 2027 (USD Million)
10.2.3 Europe: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.2.4 Europe: Laser Therapy Market, by Application, 2018–2027 (Million Units)
10.2.5 Europe: Laser Therapy, Market, by End User, 2018–2027 (USD Million)
10.2.6 Europe: Laser Therapy Market, by Country, 2019 & 2027 (%)
10.2.7 Germany: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.2.7.1 Germany: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.2.7.2 Germany: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.2.7.3 Germany: Laser Therapy Market, by Application, 2018–2027 (Million Units)
10.2.7.4 Germany: Laser Therapy, Market, by End User, 2018–2027 (USD Million)
10.2.8 UK: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.2.8.1 UK: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.2.8.2 UK: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.2.8.3 UK: Laser Therapy Market, by Application, 2018–2027 (Million Units)
10.2.8.4 UK: Laser Therapy, Market, by End User, 2018–2027 (USD Million)
10.2.9 France: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.2.9.1 France: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.2.9.2 France: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.2.9.3 France: Laser Therapy Market, by Application, 2018–2027 (Million Units)
10.2.9.4 France: Laser Therapy, Market, by End User, 2018–2027 (USD Million)
10.2.10 Spain: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.2.10.1 Spain: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.2.10.2 Spain: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.2.10.3 Spain: Laser Therapy Market, by Application, 2018–2027 (Million Units)
10.2.10.4 Spain: Laser Therapy, Market, by End User, 2018–2027 (USD Million)
10.2.11 Italy: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.2.11.1 Italy: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.2.11.2 Italy: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.2.11.3 Italy: Laser Therapy Market, by Application, 2018–2027 (Million Units)
10.2.11.4 Italy: Laser Therapy, Market, by End User, 2018–2027 (USD Million)
10.3 Asia Pacific: Laser Therapy Market
10.3.1 Overview
10.3.2 Asia Pacific: Laser Therapy Market - Revenue and Forecast to 2027 (USD Million)
10.3.3 Asia Pacific: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.3.4 Asia Pacific: Laser Therapy Market, by Application, 2018–2027 (USD Million)
10.3.5 Asia Pacific: Laser Therapy Market, by End User, 2018–2027 (USD Million)
10.3.6 Asia Pacific: Laser Therapy Market, by Country, 2019 & 2027 (%)
10.3.7 China Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.3.7.1 China: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.3.7.2 China: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.3.7.3 China: Laser Therapy Market, by Application, 2018–2027 (USD Million)
10.3.7.4 China: Laser Therapy Market, by End User, 2018–2027 (USD Million)
10.3.8 Japan: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.3.8.1 Japan: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.3.8.2 Japan: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.3.8.3 Japan: Laser Therapy Market, by Application, 2018–2027 (USD Million)
10.3.8.4 Japan: Laser Therapy Market, by End User, 2018–2027 (USD Million)
10.3.9 India: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.3.9.1 India: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.3.9.2 India: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.3.9.3 India: Laser Therapy Market, by Application, 2018–2027 (USD Million)
10.3.9.4 India: Laser Therapy Market, by End User, 2018–2027 (USD Million)
10.3.10 South Korea: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.3.10.1 South Korea: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.3.10.2 South Korea: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.3.10.3 South Korea: Laser Therapy Market, by Application, 2018–2027 (USD Million)
10.3.10.4 South Korea: Laser Therapy Market, by End User, 2018–2027 (USD Million)
10.3.11 Australia: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.3.11.1 Australia: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.3.11.2 Australia: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.3.11.3 Australia: Laser Therapy Market, by Application, 2018–2027 (USD Million)
10.3.11.4 Australia: Laser Therapy Market, by End User, 2018–2027 (USD Million)
10.4 Middle East and Africa: Laser Therapy Market
10.4.1 Overview
10.4.2 Middle East and Africa: Laser Therapy Market- Revenue and Forecast to 2027 (USD Million)
10.4.3 Middle East and Africa: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.4.4 Middle East and Africa: Laser Therapy Market, by Application, 2018–2027 (Million Units)
10.4.5 Middle East and Africa: Laser Therapy, Market, by End User, 2018–2027 (USD Million)
10.4.6 Middle East and Africa: Laser Therapy Market, by Country, 2019 & 2027 (%)
10.4.7 Saudi Arabia: Laser Therapy Market– Revenue and Forecast to 2027 (USD Million)
10.4.7.1 Saudi Arabia: Laser Therapy Market– Revenue and Forecast to 2027 (USD Million)
10.4.7.2 Saudi Arabia: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.4.7.3 Saudi Arabia: Laser Therapy Market, by Application, 2018–2027 (Million Units)
10.4.7.4 Saudi Arabia: Laser Therapy, Market, by End User, 2018–2027 (USD Million)
10.4.8 UAE: Laser Therapy Market– Revenue and Forecast to 2027 (USD Million)
10.4.8.1 UAE: Laser Therapy Market– Revenue and Forecast to 2027 (USD Million)
10.4.8.2 UAE: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.4.8.3 UAE: Laser Therapy Market, by Application, 2018–2027 (Million Units)
10.4.8.4 UAE: Laser Therapy, Market, by End User, 2018–2027 (USD Million)
10.4.9 South Africa: Laser Therapy Market– Revenue and Forecast to 2027 (USD Million)
10.4.9.1 South Africa: Laser Therapy Market– Revenue and Forecast to 2027 (USD Million)
10.4.9.2 South Africa: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.4.9.3 South Africa: Laser Therapy Market, by Application, 2018–2027 (Million Units)
10.4.9.4 South Africa: Laser Therapy, Market, by End User, 2018–2027 (USD Million)
10.5 South and Central America: Laser Therapy Market
10.5.1 Overview
10.5.2 South and Central America: Laser Therapy Market - Revenue and Forecast to 2027 (US$ Million)
10.5.3 South and Central America: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.5.4 South and Central America: Laser Therapy Market, by Application, 2018–2027 (USD Million)
10.5.5 South and Central America: Laser Therapy Market, by End User, 2018–2027 (USD Million)
10.5.6 South and Central America: Laser Therapy Market, by Country, 2018 & 2027 (%)
10.5.7 Brazil: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.5.7.1 Brazil: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.5.7.2 Brazil: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.5.7.3 Brazil: Laser Therapy Market, by Application, 2018–2027 (USD Million)
10.5.7.4 Brazil: Laser Therapy Market, by End User, 2018–2027 (USD Million)
10.5.8 Argentina: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.5.8.1 Argentina: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
10.5.8.2 Argentina: Laser Therapy Market, by Type, 2018–2027 (USD Million)
10.5.8.3 Argentina: Laser Therapy Market, by Application, 2018–2027 (USD Million)
10.5.8.4 Argentina: Laser Therapy Market, by End User, 2018–2027 (USD Million)
11. Impact of COVID-19 Pandemic on Global Laser Therapy Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment Of COVID-19 Pandemic
11.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.4 Rest of the World: Impact Assessment of COVID-19 Pandemic
12. Laser Therapy Market – Industry Landscape
12.1 Overview
12.2 Growth Strategies Done by the Companies in the Market, (%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview
13. COMPANY PROFILES
13.1 Alma Lasers
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Coherent, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 biolitec Group
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 BIOLASE, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 IPG Photonics Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Boston Scientific Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 BTL
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Meditech International Inc. (BIOFLEX Laser Therapy)
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Baring Private Equity Asia Ltd (Lumenis)
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Cutera
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 Glossary of Terms
LIST OF TABLES
Table 1. Laser Therapy Market Revenue And Forecasts to 2027, By Type (US$ Mn)
Table 2. Laser Therapy Market Revenue and Forecasts to 2027, By Application (US$ Mn)
Table 3. Laser Therapy Market Revenue And Forecasts to 2027, By End User (US$ Mn)
Table 4. North America Laser Therapy Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 5. North America Laser Therapy Market, by Application– Volume and Forecast to 2027 (Million Units)
Table 6. North America Laser Therapy Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 7. US Laser Therapy Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 8. US Laser Therapy Market, by Application– Volume and Forecast to 2027 (Million Units)
Table 9. US Laser Therapy Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 10. Canada Laser Therapy Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 11. Canada Laser Therapy Market, by Application– Volume and Forecast to 2027 (Million Units)
Table 12. Canada Laser Therapy Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 13. Mexico Laser Therapy Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 14. Mexico Laser Therapy Market, by Application– Volume and Forecast to 2027 (Million Units)
Table 15. Mexico Laser Therapy Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 16. Europe Laser Therapy Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 17. Europe Laser Therapy Market, by Application– Volume and Forecast to 2027 (Million Units)
Table 18. Europe Laser Therapy Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 19. Germany Laser Therapy Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 20. Germany Laser Therapy Market, by Application– Volume and Forecast to 2027 (Million Units)
Table 21. Germany Laser Therapy Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 22. UK Laser Therapy Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 23. UK Laser Therapy Market, by Application– Volume and Forecast to 2027 (Million Units)
Table 24. UK Laser Therapy Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 25. France Laser Therapy Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 26. France Laser Therapy Market, by Application– Volume and Forecast to 2027 (Million Units)
Table 27. France Laser Therapy Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 28. Spain Laser Therapy Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 29. Spain Laser Therapy Market, by Application– Volume and Forecast to 2027 (Million Units)
Table 30. Spain Laser Therapy Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 31. Italy Laser Therapy Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 32. Italy Laser Therapy Market, by Application– Volume and Forecast to 2027 (Million Units)
Table 33. Italy Laser Therapy Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 34. Asia Pacific Laser Therapy Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 35. Asia Pacific Laser Therapy Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 36. Asia Pacific Laser Therapy Market, by End User– Revenue and Forecast to 2027 (USD Million)
Table 37. China Laser Therapy Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 38. China Laser Therapy Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 39. China Laser Therapy Market, by End User– Revenue and Forecast to 2027 (USD Million)
Table 40. Japan Laser Therapy Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 41. Japan Laser Therapy Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 42. Japan Laser Therapy Market, by End User– Revenue and Forecast to 2027 (USD Million)
Table 43. India Laser Therapy Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 44. India Laser Therapy Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 45. India Laser Therapy Market, by End User– Revenue and Forecast to 2027 (USD Million)
Table 46. South Korea Laser Therapy Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 47. South Korea Laser Therapy Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 48. South Korea Laser Therapy Market, by End User– Revenue and Forecast to 2027 (USD Million)
Table 49. Australia Laser Therapy Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 50. Australia Laser Therapy Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 51. Australia Laser Therapy Market, by End User– Revenue and Forecast to 2027 (USD Million)
Table 52. Middle East and Africa Laser Therapy Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 53. Middle East and Africa Laser Therapy Market, by Application– Volume and Forecast to 2027 (Million Units)
Table 54. Middle East and Africa Laser Therapy Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 55. Saudi Arabia Laser Therapy Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 56. Saudi Arabia Laser Therapy Market, by Application– Volume and Forecast to 2027 (Million Units)
Table 57. Saudi Arabia Laser Therapy Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 58. UAE Laser Therapy Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 59. UAE Laser Therapy Market, by Application– Volume and Forecast to 2027 (Million Units)
Table 60. UAE Laser Therapy Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 61. South Africa Laser Therapy Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 62. South Africa Laser Therapy Market, by Application– Volume and Forecast to 2027 (Million Units)
Table 63. South Africa Laser Therapy Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 64. South and Central America Laser Therapy Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 65. South and Central America Laser Therapy Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 66. South and Central America Laser Therapy Market, by End User– Revenue and Forecast to 2027 (USD Million)
Table 67. Brazil Laser Therapy Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 68. Brazil Laser Therapy Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 69. Brazil Laser Therapy Market, by End User– Revenue and Forecast to 2027 (USD Million)
Table 70. Argentina Laser Therapy Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 71. Argentina Laser Therapy Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 72. Argentina Laser Therapy Market, by End User– Revenue and Forecast to 2027 (USD Million)
Table 73. Organic Developments Done By Companies
Table 74. Inorganic Developments Done By Companies
Table 75. Glossary of Terms, Laser Therapy Market
LIST OF FIGURES
Figure 1. Laser Therapy Market Segmentation
Figure 2. Laser Therapy Market – By Geography
Figure 3. Global Laser Therapy Market Overview
Figure 4. Diode Segment Held Largest Share of Laser Therapy Market
Figure 5. Asia Pacific to Show Remarkable Growth During Forecast Period
Figure 6. Global Laser Therapy Market, By Geography (US$ Million)
Figure 7. Global Laser Therapy Market, Industry Landscape
Figure 8. Global Laser Therapy Market- Leading Country Markets (US$ Million)
Figure 9. North America PEST Analysis
Figure 10. Europe PEST Analysis
Figure 11. Asia Pacific PEST Analysis
Figure 12. Middle East and Africa PEST Analysis
Figure 13. South & Central America PEST Analysis
Figure 14. Expert Opinion
Figure 15. Laser Therapy Market Impact Analysis of Driver and Restraint
Figure 16. Global Laser Therapy Market – Revenue Forecast And Analysis – 2019- 2027
Figure 17. Global Laser Therapy Market – By Geography Forecast and Analysis – 2019- 2027
Figure 18. Market Positioning of Key Players
Figure 19. Laser Therapy Market Share, by Type, 2019 & 2027 (%)
Figure 20. Solid Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. Liquid Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. Gas Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Diode Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. Laser Therapy Market Share, by Application, 2019 & 2027 (%)
Figure 25. Dermatology and Aesthetics Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 26. Dental Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 27. Ophthalmology Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. Urology Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 29. Cardiovascular Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 30. Oncology Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 31. Other Applications Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 32. Laser Therapy Market Share, by End User, 2019 & 2027 (% Share)
Figure 33. Hospitals Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 34. Specialized Clinics Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 35. Ambulatory Clinics Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 36. Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 37. North America: Market, by Key Country – Revenue (2019) (USD Million)
Figure 38. North America Laser Therapy Market Revenue and Forecast to 2027 (USD Million)
Figure 39. North America: Laser Therapy Market, by Country, 2019 & 2027 (%)
Figure 40. US: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
Figure 41. Canada: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
Figure 42. Mexico: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
Figure 43. Europe: Laser Therapy Market, by Key Country – Revenue (2019) (USD Million)
Figure 44. Europe Laser Therapy Market Revenue and Forecast to 2027 (USD Million)
Figure 45. Europe: Laser Therapy Market, by Country, 2019 & 2027 (%)
Figure 46. Germany: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
Figure 47. UK: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
Figure 48. France: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
Figure 49. Spain: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
Figure 50. Italy: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
Figure 51. Asia Pacific: Laser Therapy Market, by Key Country – Revenue (2019) (USD Million)
Figure 52. Asia Pacific Laser Therapy Testing Market Revenue and Forecast to 2027 (USD Million)
Figure 53. China: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
Figure 54. Japan: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
Figure 55. India: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
Figure 56. South Korea: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
Figure 57. Australia: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
Figure 58. Middle East and Africa: Laser Therapy Market, by Key Country – Revenue (2019) (USD Million)
Figure 59. Middle East and Africa Laser Therapy Market Revenue and Forecast to 2027 (USD Million)
Figure 60. Middle East and Africa: Laser Therapy Market, by Country, 2019 & 2027 (%)
Figure 61. Saudi Arabia: Laser Therapy Market– Revenue and Forecast to 2027 (USD Million)
Figure 62. UAE: Laser Therapy Market– Revenue and Forecast to 2027 (USD Million)
Figure 63. South Africa: Laser Therapy Market– Revenue and Forecast to 2027 (USD Million)
Figure 64. South and Central America: Laser Therapy Market, by Key Country – Revenue (2019) (USD Million)
Figure 65. South and Central America Laser Therapy Market Revenue and Forecast to 2027 (USD Million)
Figure 66. South and Central America: Laser Therapy Market, by Country, 2018 & 2027 (%)
Figure 67. Brazil: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
Figure 68. Argentina: Laser Therapy Market – Revenue and Forecast to 2027 (USD Million)
Figure 69. Impact of COVID-19 Pandemic in North American Country Markets
Figure 70. Impact of COVID-19 Pandemic in European Country Markets
Figure 71. Impact of COVID-19 Pandemic in Asia-Pacific Country Markets
Figure 72. Impact Of COVID-19 Pandemic in Rest of the World Countries Market
Figure 73. Growth Strategies Done by the Companies in the Market, (%)
The List of Companies – Global Laser Therapy Market
- Alma Lasers
- Coherent, Inc.
- biolitec Group
- BIOLASE, Inc.
- IPG Photonics Corporation
- Boston Scientific Corporation
- BTL
- Meditech International Inc. (BIOFLEX Laser Therapy)
- Baring Private Equity Asia Ltd (Lumenis)
- Cutera
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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