CO2 Laser Market size is anticipated to reach USD 90 billion by the end of 2035, growing at a CAGR of 5% during the forecast period i.e., 2023 – 2035. In the year 2022, the industry size of CO2 laser was around USD 2 billion. The growth of this market can be primarily driven by the increasing demand for co2 lasers in non-invasive surgeries and diagnosis. Nowadays, people want everything fast and quickly this goes for diagnostics tests, medication, and surgeries as well. With rapid technological advancement, people are now exposed to non-invasive diagnoses and surgeries. This is possible with the help of co2 laser as it is efficient, precise, and literally causes very less pain & also they are a substantial part of these types of surgeries.
The growth of this market is also driven by the increasing application of co2 lasers in numerous industries. On account of increasing consumer preference and increasing demand for numerous industries, there has been a high rise in trends associated with innovation in laser technology. Such as the production sector currently requires a laser with high output power and high-speed finishing for cutting and welding. An improvement in beam precision is particularly essential since excellent beam systems offer accurate and quality-controlled operations.
Author Credits: Radhika Gupta, Shivam Bhutani
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