The surgical lasers market size is estimated to be USD 7,410 million in 2022 and is expected to witness a CAGR of 13.72% during the forecast period 2023-2033. The increasing preference for minimally invasive surgery, frequency, and incidence of diseases with known targets, technical advancements, the high prevalence of ocular diseases, and escalating public financing and investments are some of the primary market drivers. However, stringent regulations and laws in many developing countries, high operating costs combined with laser surgery, and extremely limited medical coverage are expected to restrain the market growth.

Segmentation

By Procedure Type

Based on procedure type, the market is divided into open surgery, laparoscopic surgery, and percutaneous surgery. In 2022, the laparoscopic surgery segment held the highest market share owing to improved patient awareness, procedural benefits, and the need for less intrusive sickness treatments. 

By Type

On the basis of type, the market is categorized into CO2 lasers, Nd:YAG lasers, argon lasers, diode lasers, and other surgical lasers. In 2022, the CO2 lasers segment held the highest market share due to growing technological advancements and the availability of CO2-based surgical lasers in cosmetic laser therapy.

By Application

In terms of application, the market is segregated into ophthalmology, urology, gynecology, dermatology, cardiology, dentistry, oncology, and other applications. In 2022, the ophthalmology segment held the highest market share owing to the adoption of beneficial reimbursement policies and the increased knowledge of advancements in medicine.

Regional Markets

In 2022, North America region accounted for the highest revenue in the surgical lasers market and is expected to maintain its dominance during the forecast period. This is attributed to the increasing incidence of chronic diseases, the rising use of cutting-edge surgical methods by medical professionals, the rapidly increasing use of cutting-edge aesthetic laser equipment, and the rising preference for aesthetic and cosmetic procedures. However, during the projected period, Asia Pacific is anticipated to develop at the fastest rate. Some of the key factors influencing the growth of the Asia Pacific market include rising healthcare professional awareness and a huge patient base for the targeted diseases.

Competitor Insights

Some of the key players operating in the reaction monitoring market are Biolitec AG (Austria), Lumenis (Israel), Fotona d.o.o. (Slovenia), BISON MEDICAL Co., Ltd. (South Korea), Abbott Laboratories, Inc., (U.S.), Boston Scientific Corporation (U.S.), IPG Photonics Corporation (U.S.), Alma Lasers (Israel), Cynosure, Inc. (U.S.), and Spectranetics Corporation (U.S.).

This comprehensive research report focuses on the global and regional market size and forecasts of diverse segments including procedure type, type, and application from 2023 to 2033.

Report Scope:

Segmentation: Surgical Lasers Market Report 2022 – 2033

Procedure Type (Revenue, USD Million), 2022 – 2033

• Open Surgery
• Laparoscopic Surgery
• Percutaneous Surgery

Type (Revenue, USD Million), 2022 – 2033

• CO2 Lasers
• Nd:YAG Lasers
• Argon Lasers
• Diode Lasers
• Other Surgical Lasers

Application (Revenue, USD Million), 2022 – 2033

• Ophthalmology
• Urology
• Gynecology
• Dermatology
• Cardiology
• Dentistry
• Oncology
• Other Applications

By Region (Revenue, USD Million), 2022 – 2033

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of LATAM
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • Rest of MEA