Global Therapeutic Laser Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Therapy (Carbon Dioxide Laser, YAG (yttrium Aluminum Garnet) Laser, Pulsed Dye Laser, Argon Laser, Low Level Laser Therapy (LLLT)), By Application (LASIK Or Laser Eye Surgery, Teeth Whitening, Cosmetic Scar, Tattoo Or Wrinkle Removal, Tumor Removal, Others), And By Geography - Forecasts From 2019 To 2024

Published:  May 2021 Report Code: KSI061612144 Pages: 121

The global therapeutic laser market is projected to grow at a CAGR of 8.02% to reach US$165.769 billion by 2024, from US$104.361 billion in 2018. The demand for therapeutic lasers is growing due to the rising cancer incidences worldwide, the growing number of surgeries, and growing awareness regarding self-care and self-management. Also, the rising disposable income, growing healthcare expenditure, and decrease in the length of hospital stays will emanate the growth of the global therapeutic laser market in the forecast period and beyond. However, the expensive laser treatments make it unaffordable for a wide patient group which may hinder the market growth in the forecast period.

This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases, and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global therapeutic laser value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and more efficient understanding of the global therapeutic laser market.

Major industry players profiled as part of the report are BTL, ERCHONIA CORPORATION, Theralase® Technologies Inc., Cutting Edge Laser Technologies, and BioFlex Laser Therapy among others.

Global Therapeutic Laser Market Scope:

Report Metric Details
 Market size value in 2018  US$104.361 billion
 Market size value in 2024  US$165.769 billion
 Growth Rate  CAGR of 8.02% from 2018 to 2024
 Base year  2018
 Forecast period  2019–2024
 Forecast Unit (Value)  USD Billion
 Segments covered  Therapy, Application, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  BTL, ERCHONIA CORPORATION, Theralase® Technologies Inc., Cutting Edge Laser   Technologies, BioFlex Laser Therapy, Valon Lasers Oy, El.En. Group, Lynton Lasers   Ltd., Fotona d.o.o., Capillus, LLC
 Customization scope  Free report customization with purchase

Segmentation

The global therapeutic laser market has been analyzed through following segments:

By Therapy

Carbon Dioxide Laser

YAG (yttrium aluminum garnet) Laser

Pulsed Dye Laser

Argon Laser

Low level laser therapy (LLLT)

By Application

LASIK or Laser Eye Surgery

Teeth Whitening

Cosmetic Scar, Tattoo or Wrinkle Removal

Tumor Removal

Others

 

By Geography

North America

USA

Canada

Mexico

Others

 

South America

Brazil

Argentina

Others

 

Europe

Germany

France

United Kingdom

Spain

Others

 

Middle East and Africa

Saudi Arabia

Israel

Others

 

Asia Pacific

China

Japan

South Korea

India

Others


Frequently Asked Questions (FAQs)

Q1. What will be the therapeutic laser market size by 2024?
A1. The global therapeutic laser market is projected to reach a total market size of US$165.769 billion by 2024. 


Q2. What is the size of the global therapeutic laser market?
A2. Therapeutic Laser Market was valued at US$104.361 billion in 2018. 


Q3. What are the growth prospects for the therapeutic laser market?
A3. The therapeutic laser market is projected to grow at a CAGR of 8.02% over the forecast period. 


Q4. Who are the major players in the therapeutic laser market?
A4. Major industry players profiled as part of the therapeutic laser market report are BTL, ERCHONIA CORPORATION, Theralase® Technologies Inc., Cutting Edge Laser Technologies, and BioFlex Laser Therapy among others. 


Q5. What factors are anticipated to drive the therapeutic laser market growth?
A5. The demand for therapeutic lasers is growing due to the rising cancer incidences worldwide, the growing number of surgeries, and growing awareness regarding self-care and self-management.

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY  
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. GLOBAL THERAPEUTIC LASER MARKET BY THERAPY
5.1. Carbon Dioxide Laser
5.2. YAG (yttrium aluminum garnet) Laser
5.3. Pulsed Dye Laser
5.4. Argon Laser
5.5. Low level laser therapy (LLLT)
6. GLOBAL THERAPEUTIC LASER MARKET BY APPLICATION
6.1. LASIK or Laser Eye Surgery
6.2. Teeth Whitening
6.3. Cosmetic Scar, Tattoo or Wrinkle Removal
6.4. Tumor Removal
6.5. Others
7. GLOBAL THERAPEUTIC LASER MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.1.4. Others
7.2. South America
7.2.1. Brazil
7.2.2. Argentia
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. India
7.5.5. Others
8. COMPETITIVE INTELLIGENCE
8.1. Competition and Offerings Analysis of Key Vendors
8.2.  Recent Investment and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. BTL
9.2. ERCHONIA CORPORATION
9.3.  Theralase® Technologies Inc.
9.4. Cutting Edge Laser Technologies
9.5. BioFlex Laser Therapy
9.6. Valon Lasers Oy
9.7. El.En. Group
9.8. Lynton Lasers Ltd.
9.9. Fotona d.o.o.
9.10. Capillus, LLC
LIST OF FIGURES
LIST OF TABLE

BTL

ERCHONIA CORPORATION

Theralase® Technologies Inc.

Cutting Edge Laser Technologies

BioFlex Laser Therapy

Valon Lasers Oy

El.En. Group

Lynton Lasers Ltd.

Fotona d.o.o.

Capillus, LLC

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