Laser Therapy Devices Market Regional Analysis

Global Laser Therapy Devices Market size was valued at USD 2.25 billion in 2023 and is poised to grow from USD 2.37 billion in 2024 to USD 3.55 billion by 2032, growing at a CAGR of 5.2% during the forecast period (2025-2032). 

The laser therapy devices market is comprised of both national and international players who are competing for the top spot. Producers in the laser therapy devices market are concentrating on the advancement of new technologies through the incorporation of laser therapy types such as carbon dioxide laser, pulsed-dye laser, and so on. Such advancements contribute to the laser therapy devices market's rapid growth. Key players also devise a variety of strategies for establishing and expanding their presence in the laser therapy devices market. Mergers, acquisitions, joint ventures, partnerships, and collaborations also have a positive impact on the growth of the laser therapy devices market. 'IPG Photonics Corporation (United States) ', 'BIOLASE, Inc. (United States) ', 'Cutera, Inc. (United States) ', 'Lumenis Ltd. (Israel) ', 'El.En. S.p.A. (Italy) ', 'LUMIBIRD (France) ', 'Alma Lasers (Sisram Medical Ltd.) (China) ', 'Coherent Corp. (United States) ', 'TRUMPF Group (Germany) ', 'Boston Scientific Corporation (United States) ', 'DJO Global (United States) ', 'BTL Corporate (Czech Republic) ', 'Lumentum Holdings Inc. (United States) ', 'IRIDEX Corporation (United States) ', 'MicroVision, Inc. (United States) ', 'Topcon Corporation (Japan) ', 'Jenoptik AG (Germany) ', 'Han's Laser Technology Industry Group Co., Ltd. (China) ', 'Novian Health (United States)'

Minimally Invasive Surgery is gaining popularity, which is propelling the growth

The rapid transmission rate of the COVID-19 outbreak has wreaked havoc around the world. Governments, scientists, and researchers from all over the world are striving to discover a treatment for SARS-CoV-2. Laser therapy may also provide a breakthrough in the treatment of COVID-19. The Turkish Ministry of Health finally enacted the Turkish Beam treatment method, which uses laser therapy to kill viruses and bacteria in the body. Clinical trials are still ongoing. If successful, this insight could be a game changer for the laser therapy devices market.

In 2021, North America has dominated the laser therapy market and will continue to increase its global market share. This is due to the prevalence of the growing market for cosmetic procedures in this region's countries. Asia-Pacific, on the other hand, will have the highest compound annual growth rate during the forecast period due to increased awareness of the benefits of non-invasive laser therapies over invasive therapies, as well as a growing geriatric population. Furthermore, an increase in personal disposable income will increase the demand for laser therapies in this region.