Surgical Laser Market Size, Share, and Trends 2024 to 2034

The global surgical laser market size accounted for USD 3.29 billion in 2024, grew to USD 3.51 billion in 2025, and is expected to be worth around USD 6.13 billion by 2034, poised to grow at a CAGR of 6.42% between 2024 and 2034. The North America surgical laser market size is predicted to increase from USD 1.38 billion in 2024 and is estimated to grow at the fastest CAGR of 6.55% during the forecast year.

  • Last Updated : 21 Dec 2024
  • Report Code : 2608
  • Category : Healthcare

Surgical Laser Market Size and Forecast 2024 to 2034

The global surgical laser market size is expected to be valued at USD 3.29 billion in 2024 and is anticipated to reach around USD 6.13 billion by 2034, expanding at a CAGR of 6.42% over the forecast period from 2024 to 2034.

Surgical Laser Market Size 2024 to 2034

The rising prevalence of chronic diseases is the key factor driving market growth. Also, the increasing preference for minimally invasive surgeries coupled with the technological advancements in laser systems can fuel market growth further.

Surgical Laser Market Key Takeaways

  • North America has generated the highest market share of 42% in 2024.
  • Asia Pacific region is expected to witness the fastest growth over the forecast period.
  • By application, the aesthetic laser segment has captured 32.6% of the total market share in 2024.
  • By application, the dentistry segment is anticipated to grow at the fastest rate over the forecast period.
  • By end user, the hospital segment has accounted market share of 41.4% in 2024.
  • By end user, the ambulatory surgical centers (ASCs) segment is estimated to show the fastest growth during the projected period.
  • By product, the solid-state laser systems segment has held the largest market share of over 38.3% in 2024.
  • By product, the diode laser systems segment is expected to grow at the fastest rate over the forecast period. 

U.S. Surgical Laser Market Size and Growth 2024 to 2034

The U.S. surgical laser market size is exhibited at USD 967.26 million in 2024 and is projected to be worth around USD 1,836.70 million by 2034, growing at a CAGR of 6.62% from 2024 to 2034.

U.S. Surgical Laser Market Size 2024 to 2034

North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa are the regional divisions of the surgical lasers market. North America generated the most revenue in 2023, and it is anticipated that it will hold this position throughout the projected period. This dominance is attributable to the established healthcare system, widespread use of technologically sophisticated aesthetic laser technologies, and rising demand for aesthetic and cosmetic procedures in North America. 

Surgical Laser Market Share, By Region, 2023 (%)

Furthermore, it is projected that the local presence of large firms and their ongoing strategic endeavors will further improve the market environment. During the projection period, surgical lasers are anticipated to have brisk growth in the Asia Pacific region. In order to increase the visibility of its surgical laser devices and to obtain a competitive edge, a number of significant firms are implementing a variety of growth methods.

Furthermore, new key developments, such as product launches and approval by key players, are also anticipated to provide growth opportunities. For instance, in order to support the care of more people with heart failure, Abbott acquired expanded indication approval from the US Food and Drug Administration (FDA) in February 2022 for the CardioMEMS HF System. A paperclip-sized sensor known as the CardioMEMS HF System is inserted into a patient's pulmonary artery using a catheter.

Asia Pacific region is expected to witness the fastest growth over the forecast period. The growth of the region can be driven by ongoing developments in healthcare infrastructure and rising access to innovative surgery technologies. Also, there is a surge in healthcare standards in developing economies like China and India. In addition, an increasing shift toward minimally invasive surgeries can shorten recovery times.

Market Overview

Surgical lasers are devices that treat or cut tissue without the use of a scalpel by using light. When performing eye surgery, a surgical laser is frequently utilized to reshape the cornea or correct vision. The device can also be used to get rid of tattoos, birthmarks, and wrinkles. Since there is no physical touch during laser surgery, there is no chance of infection, making it safer than traditional surgery.

Surgical Laser Market Growth Factors

The market has been transformed by high growth potential in developing nations and growing interest in minimally invasive procedures. The market for surgical lasers is being driven by the expansion of the medical tourism sector as a result of the globalization of the healthcare system. People have been steadily increasing in number in recent years who travel abroad for medical care. 

To draw patients, many nations have positioned themselves as having top-notch healthcare facilities and cutting-edge technology. The developing world is now taking advantage of the increased demand for medical care by meeting it with better facilities and at lower costs due to the high cost of surgeries and treatments in the industrialized world.

Furthermore, the rising prevalence of vision impairment and the quick development of laser technology will drive the worldwide surgical lasers market trends through 2030. Over 2.2 billion people worldwide have a distance or near visual impairment, according to the WHO. This element might increase demand for LASIK eye surgery, which makes up 90%–95% of all laser vision correction procedures. The development of laser technology to treat critical illnesses like cancer will also spur industrial growth. 

Furthermore, Heriot-Watt University in Edinburgh received a $1.6 million grant from the Engineering and Physical Sciences Research Council in 2021 for the creation of a new laser device that would assist surgeons in identifying and removing cancer cells without causing damage to neighboring tissues. Such significant investments in the management of specific diseases will also encourage

  • The increasing incidence of chronic illnesses is expected to boost market growth soon.
  • The growing prevalence of vision impairment can propel market growth shortly.
  • The ongoing expansion of the medical tourism sector will likely contribute the market expansion over the projected period.

Integration of Artificial Intelligence in Medical Lasers 

The implementation of Artificial Intelligence (AI) technology in the market is substantially changing the market. AI algorithms enable precise diagnostics and accurate treatment planning during laser procedures. Furthermore, AI and ML technologies optimize overall operational efficiencies by decreasing human error and enhancing processes.

Market Scope

Report Coverage Details
Market Size in 2024 USD 3.29 Billion
Market Size by 2034 USD 6.13 Billion
Growth Rate from 2024 to 2034 CAGR of 6.42%
Base Year 2023
Forecast Period 2024 to 2034
Segments Covered By Product Type, By Application and By End-Use
Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa

Market Dynamics

Key Market Drivers

Rising interest in minimally invasive procedures - Minimally invasive surgery typically results in less discomfort, a shorter hospital stay, and fewer complications. Furthermore, the demand for minimally invasive or non-invasive operations is rising, and patients are favoring shorter hospital stays, which is driving manufacturers to create items and equipment with cutting-edge technology and quick recovery times.

Minimally invasive surgery typically results in less discomfort, a shorter hospital stay, and fewer complications. Furthermore, the demand for minimally invasive or non-invasive operations is rising, and patients are favoring shorter hospital stays, which is driving manufacturers to create items and equipment with cutting-edge technology and quick recovery times.

  • In March 2023, Lumenis launched a new laser system for urological procedures. This system is designed to treat various urological diseases such as benign prostatic hyperplasia (BPH), kidney stones, and bladder cancer.

As a result of the aforementioned variables, it is projected that the market under study will expand during the course of the investigation. However, the substantial procedural costs linked to laser surgery will probably restrain market expansion.

Increase in key developments - The Spectranetics Corporation (Philips Holding USA Inc.), IPG Photonics Corporation, Carl Zeiss Meditec, Inc., BISON MEDICAL Co., Ltd., Biolitec AG (BioMed Technology Holdings Ltd.), Alma Lasers (Sisram Med), Abbott Laboratories, Lumenis, Cynosure, and Boston Scientific Corporation are just a few of the major companies operating in the market.

These businesses are employing a variety of techniques, such as new product releases and partnerships, to increase their market share in the cutthroat industry. For instance, Boston Scientific and a BPEA affiliate signed a contract in March 2021. (Baring Private Equity Asia). With this agreement, Lumenis' surgical division, comprising its top-tier laser systems, will be acquired.

Key Market Challenges

Lack of knowledge regarding specialized training - Over the forecast period, challenges such as surgeons' specialized training, stringent safety regulations, and the high cost of laser therapy are anticipated to have a negative impact on the growth of the surgical laser market. Additionally, laser therapy's effects might not persist as long in other conditions, like cancer, so doctors might need to repeat the procedure to get better outcomes.

Furthermore, the high cost of laser procedures, the absence of practical medical reimbursement mechanisms, and stringent guidelines guiding the approval of surgical lasers are anticipated to also be market restraints.

Key Market Opportunities

Acceptance of surgical lasers in developed and undeveloped countries – Players in the surgical laser market have a lot of room to grow in emerging markets like India, China, Brazil, and Mexico. The aging of the population, the incidence of lifestyle illnesses, and rising investments by major companies in these nations are all contributing to growth in these regions.

Furthermore, growing acceptance and demand for sophisticated cosmetic operations worldwide, in both established and emerging nations, are largely due to growing awareness of advanced aesthetic techniques. The use of surgical laser technology in aesthetic operations has significantly increased during the past several years. According to the American Society of Plastic Surgeons (ASPS), the South Atlantic has 3.8 million (25%) of the country's cosmetic treatments were conducted there in 2020. 

Acceptance of surgical lasers in developed and undeveloped countries – Players in the surgical laser market have a lot of room to grow in emerging markets like India, China, Brazil, and Mexico. The aging of the population, the incidence of lifestyle illnesses, and rising investments by major companies in these nations are all contributing to growth in these regions.

 Furthermore, the growing acceptance and demand for sophisticated cosmetic operations worldwide, in both established and emerging nations, is largely due to growing awareness of advanced aesthetic techniques. The use of surgical laser technology in aesthetic operations has significantly increased during the past several years. 

Product Type Insights

The surgical laser market is anticipated to have the greatest revenue share in solid-state laser systems in 2023. Erbium Yttrium Aluminum Garnet (Er: YAG), Neodymium Yttrium Aluminum Garnet (Nd: YAG), Holmium Yttrium Aluminum Garnet (Ho: YAG), Ruby laser systems, and other solid-state systems are further subdivided. 

The use of Nd: YAG laser systems for cosmetic procedures has spread throughout the world as market participants introduce their goods and surgical laser systems in other regions. Additionally, improvements in Nd: YAG lasers along with their widespread use due to their effective results on practically all skin types are some of the key drivers boosting the segment's growth in the surgical lasers market. 

Furthermore, with the low cost of these surgical laser systems and the precision of the procedures, carbon dioxide surgical lasers account for a sizeable portion of gas-laser systems. Due to the numerous benefits that these systems offer, market participants are concentrating on the introduction of CO2 lasers.

The diode laser systems segment is expected to grow at the fastest rate over the forecast period. The growth of the segment can be attributed to the growing use of diode lasers in a variety of applications such as dentistry, dermatology, and ophthalmology which makes them adaptable for various procedures. Additionally, ongoing development in diode laser technology can impact segment growth positively in the market.

Application Insights

The market for surgical lasers is divided into cosmetic, surgical, dental, and ophthalmic segments based on the application. Over the foreseeable period, it is expected that the aesthetics segment will continue to dominate. 

An increasing number of FDA approvals that broaden dermatology applications such as skin rejuvenation, varicose vein treatment, acne, tattoo, and pigmented lesions support industry growth in the aesthetics sector. 

The market for surgical lasers is divided into cosmetic, surgical, dental, and ophthalmic segments based on the application. Over the foreseeable period, aesthetics segment dominaed the market in 2024.

An increasing number of FDA approvals that broaden dermatology applications such as skin rejuvenation, varicose vein treatment, acne, tattoo, and pigmented lesions support industry growth in the aesthetics sector. 

The dentistry segment is anticipated to grow at the fastest rate over the forecast period. The growth of the segment can be credited to the rising adoption of laser technology for an extensive range of dental procedures. Lasers provide numerous benefits in dentistry like reduced pain. Moreover, developments in laser technology including portable diodes can lead to market growth soon.

End-Use Insights

The surgical lasers market was dominated by the hospital sector. Over the projected period, the category is expected to continue to rule. The rise in aesthetic operations in hospitals in important markets including the U.S., Germany, and Japan is credited with the hospital segment's expansion.

Surgical Laser Market Share, By End-Use, 2023 (%)

Additionally, it is projected that growing consumer awareness of aesthetic and cosmetic procedures in developing nations like China and India will promote segment expansion.

The ambulatory surgical centers (ASCs) segment is estimated to show the fastest growth during the projected period. The growth of the segment can be credited to the rising demand for OPD procedures and the increasing preference for cost-effective treatments. Furthermore, ASCs are easier to reach than hospitals, good for patients searching for convenient and quick alternatives.

Latest Announcements by Market Leaders

  • In August 2024, Candela Corporation, a leading global medical aesthetic device company headquartered in Marlborough, MA, announced that the Matrix™ system, a first-of-its-kind radiofrequency (RF) platform for comprehensive skin treatments, has received U.S. Food and Drug Administration (FDA) 510(k) clearance for the percutaneous treatment of facial wrinkles.
  • In January 2024, Cynosure and Hahn & Company, which has recently acquired Lutronic, announced that they have entered into a definitive merger agreement for a strategic combination of Cynosure and Lutronic. Both Cynosure and Lutronic are global providers of energy-based medical aesthetic treatment systems and related technologies.

Surgical Laser Market Companies

  • Cynosure, Inc.
  • Lumenis Ltd.
  • Candela Corporation
  • Cutera, Inc.
  • Lutronic Corporation
  • El.En Group
  • Fotonad.o.o
  • Alcon
  • Biolase
  • Asclepion Laser Technologies GmbH

Recent Developments

  • In June 2024, Lumenis launched Folix, the first FDA-cleared fractional laser designed for hair loss treatment. Using unique fractional technology, Folix stimulates hair follicles to promote regrowth while minimizing damage to surrounding tissues
  • In May 2024, Monteris Medical said its launch of the NeuroBlate NB3 FullFire makes it the smallest laser probe for brain procedures on the market. The 1.6mm laser fiber probe features patented NeuroBlate System cooling technology and is available in a single adjustable length.
  • In May 2022- RevoLix HTL, a family of pulsed and continuous wave Thulium YAG lasers that forms the basis of RevoLix Therapy for urology patients undergoing Benign Prostatic Hyperplasia (BPH) and Stone Management procedures, has been approved by the US Food and Drug Administration.
  • In March 2022- The United States Food and Drug Administration granted AviClear, one of the first energy-based products to achieve this certification for the treatment of mild, moderate, and severe acne, to CUTERA, INC., a provider of dermatology solutions.
  • In December 2021- The next generation PicoLO Premium Picosecond Nd:YAG Laser from LASEROPTEK Co., Ltd., a developer of top-notch laser equipment for aesthetic and medical dermatology applications, has been given FDA 510(k) clearance.
  • In March 2021- Boston Scientific and a BPEA affiliate established a contract (Baring Private Equity Asia). With this agreement, Lumenis' surgical division, comprising its top-tier laser systems, will be acquired.
  • In July 2019- The TempSure Firm handpiece and a small mask for SculpSure submental treatments are two new items from Hologic's Cynosure division that add to the company's expanding line of cutting-edge aesthetic treatments. The U.S. Food and Drug Administration (FDA) has officially approved SculpSure submental treatments for patients with a body mass index (BMI) of up to 49, the highest BMI clearance available for submental therapies. 

Segments Covered in the Report

By Product Type

  • Solid-state Laser Systems
    • Erbium Yttrium Aluminum Garnet (Er: YAG)
    • Neodymium Yttrium Aluminum Garnet (Nd: YAG)
    • Holmium Yttrium Aluminum Garnet (Ho: YAG)
    • Ruby Laser Systems
    • Others
  • Gas Laser Systems
    • CO2
    • Excimer
    • Helium Neon
    • Diode Laser Systems
    • Others

By Application

  • Surgical
  • Aesthetic
  • Dentistry
  • Ophthalmic
  • Dermatology
  • Urology
  • Gynecology
  • Cardiology
  • Oncology
  • Others

By End-Use

  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

For questions or customization requests, please reach out to us at sales@precedenceresearch.com

Frequently Asked Questions

The global surgical laser market size was accounted at USD 3.29 billion in 2024 and it is expected to reach around USD 6.13 billion by 2034.

The global surgical laser market is poised to grow at a CAGR of 6.42% from 2024 to 2034.

The major players operating in the surgical laser market are Cynosure, Inc., Lumenis Ltd., Candela Corporation, Cutera, Inc., Lutronic Corporation, El.En Group, Fotonad.o.o, Alcon, Biolase, Asclepion Laser Technologies GmbH and Others.

The driving factors of the surgical laser market are the rising interest in minimally invasive procedures, increasing technological advancement and increased demand for medical care.

North America region will lead the global surgical laser market during the forecast period 2024 to 2034.

Ask For Sample

No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client

Meet the Team

Sanket Gokhale is one of the key authors contributing to the high-quality, actionable insights that define our market research reports. Sanket holds an MBA with a specialization in Healthcare Management, coupled with a Bachelor’s degree in Pharmacy. With over 5 years of experience in market research, Sanket has cultivated a deep understanding of the healthcare sector, from pharmaceutical innovations to healthcare

Learn more about Sanket Gokhale

With over 14 years of experience, Aditi is the powerhouse responsible for reviewing every piece of data and content that passes through our research pipeline. She is not just an expert—she’s the linchpin that ensures the accuracy, relevance, and clarity of the insights we deliver. Aditi’s broad expertise spans multiple sectors, with a keen focus on ICT, automotive, and various other cross-domain industries.

Learn more about Aditi Shivarkar

Related Reports