Surgical Lasers Market

Segmentation by Product Type {Carbon Dioxide (CO2), Argon, Nd: YAG, Diode Lasers, and Others}; by Procedure (Open, Laparoscopic, and Percutaneous Surgery); by Application (Aesthetic, Dentistry, Cardiology, Gynecology, and Others); and by End User (Hospitals, and Specialty Clinics) – Global Supply & Demand Analysis & Opportunity Outlook 2023-2035

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Report ID: 283 | Published On: Feb 13, 2023
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Global Surgical Lasers Market Size, Forecast, and Trend Highlights Over 2023 - 2035

The global surgical lasers market is estimated to garner a revenue of ~USD 34 Billion by the end of 2035 by growing at a CAGR of ~13% over the forecast period, i.e., 2023 – 2035. Further, the market generated a revenue of ~USD 8 Billion in the year 2023. The growth of the market can primarily be attributed to the increasing adoption of surgical lasers owing to their benefits such as zero blood loss, faster healing, and less pain. These benefits are expected to propel the demand for surgical lasers in the market over the forecast period.  Furthermore, the mounting demand for surgical procedures, which provide greater patient comfort, and the rising aging population around the world, is also expected to assist the global surgical lasers market growth in coming years. According to the World Health Organization, the number of people aged over 60 years and over is estimated to be 674,627,499 in 2018 and the number reached 747,238,580 in 2021.  

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Moreover, the high prevalence of vision disorders is one of the major factors that is estimated to expand the global surgical lasers market size during the forecast period. As per the World Health Organization statistics, more than 2.2 billion people suffer from a distance or near vision impairment worldwide. In response to this increasing incidence of eye disorders, laser treatment has become more prevalent, which is expected to drive the growth of the global surgical lasers market during the forecast period.

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Global Surgical Lasers Market: Key Insights

Base Year


Forecast Year




Base Year Market Size (2023)

~ USD 8 Billion

Forecast Year Market Size (2035)

~ USD 34 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)

Global Surgical Lasers Market: Growth Drivers and Challenges

Growth Drivers

  • Surging Cases of Chronic Diseases Worldwide with Rising Geriatric Population - The data released by the World Health Organization shows that cancer is the foremost cause of death worldwide, which accounted for nearly 10 million deaths in 2020.The rising prevalence of chronic diseases such as cancer, and cataracts, along with the demand for minimally invasive surgeries is estimated to promote the use of surgical lasers on large scale over the forecast period. The prevalence of chronic diseases such as diabetes, heart disease, and high blood pressure is growing day by day owing to the practice of a sedentary lifestyle and physical inactivity.

  • Globally Increasing Number of Surgical Procedures Owing to Rising Road Accidents - It is observed that around 300 million major surgeries are performed annually worldwide, of which around 45 to 50 million are performed in the United States and 25 million in Europe.

  • Increasing Healthcare Spending with the Growing Patient Population - As per the data from the World Bank, the current healthcare expenditure of the world grew from 9.7% of GDP in 2018 to 9.83% in 2019. 

  • Rise in the Occurrence of Ophthalmic Disorders such as Cataracts - As per the Association for Research in Vision and Ophthalmology, it was estimated that 15.2 million people aged over 50 years were blind, and 78.8 million had MSVI due to cataracts in 2020. Compared to 2000, cataract blindness cases increased by 29.7%, while MSVI cases increased by 93.1%.

  • Growing Adoption and Awareness of Cosmetic Procedures to Gain Aesthetic Look - As per the data from the American Society of Plastic Surgeons (ASPS), approximately 17.7 million cosmetic procedures were performed in the United States in 2018. Furthermore, the source mentioned that these procedures have increased by 200% since 2000.


  • High Procedural Costs Associated with the Surgery

Surgical procedures are highly expensive and do not completely cover under insurance. Surgical care expenditure accounts for 50% of medical expenses in hospitals. Medical beneficiaries only cover about 15% of medical costs which burdens the poor. Replacements of organs include blood transfusion, medications, surgical equipment, sophisticated healthcare facilities, and skilled professionals all these are highly expensive increasing the cost of surgical procedures and hindering market growth.

  • Safety Concerns Related to the Use of the Surgical Lasers

  • Limited Reimbursement for Medical Expenses

The global surgical lasers market is segmented and analyzed for demand and supply by application into aesthetics, dentistry, cardiology, gynecology, and others. Amongst these segments, the dentistry segment is anticipated to garner the largest revenue by the end of 2031, backed by the higher adoption of surgical lasers for dental treatment. Laser dentistry has several advantages, such as reduced pain, faster recovery time, and reduced blood loss which promotes higher adoption of surgical lasers. In addition, the rising prevalence of oral diseases among the population such as cavities, gingivitis, and periodontitis (gum disease) is estimated to increase the demand for surgical lasers over the forecast period. As per the National Library of Medicine data, the prevalence of gum disease among adults aged 30 and older is 47.2%. Gum disease is more prevalent in older people. Likewise, nearly 70.1% of adults aged 65 years and older suffer from periodontal disease.

Global Surgical Lasers Market Regional Synopsis

The North America surgical lasers market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2035. The expansion of healthcare infrastructure, advanced technology, and the increment in aesthetic and cosmetic procedures. As of 2020, the annual healthcare costs per capita of the United States were projected to be around USD 10 thousand. In addition, the manufacturing of cosmetic laser equipment on large scale is projected to propel the demand for surgical lasers in the region during the forecast period. Moreover, several market players are adopting various growth strategies in order to expand the awareness of surgical laser equipment and gain a competitive advantage. Thus, increasing awareness of surgical lasers and the adoption of technology are projected to drive the surgical lasers market in the region during the forecast period.


Market Segmentation

Our in-depth analysis of the global surgical lasers market includes the following segments:

       By Product Type

  • Carbon Dioxide (CO2) Argon
  • Nd: YAG
  • Diode Lasers
  • Others

      By Procedure

  • Open
  • Laparoscopic
  • Percutaneous Surgery

       By Application

  • Aesthetic
  • Dentistry
  • Cardiology
  • Gynecology
  • Others

      By End User

  • Hospitals
  • Specialty Clinics

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Top Featured Companies Dominating the Global Surgical Lasers Market

    • Cynosure, LLC 

      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Lumenis Be Ltd.
    • Lutronic, Inc.
    • IPG Photonics Corporation
    • Koninklijke Philips N.V.
    • Alcon Vision LLC
    • BIOLASE, Inc.
    • Abbott Laboratories
    • Candela Corporation
    • Fotona
    • Cutera, Inc.

In The News

  • BIOLASE, Inc. signed a lease agreement in Foothill Ranch, Lake Forest, California to accelerate the rapid adoption of lasers in dentistry as the gold standard of care.

  •  Candela Medical announced a partnership with the Vascular Birthmarks Foundation (VBF), which will enable children and adults with vein-related skin conditions to receive free Vbeam laser treatment.


Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

Key Questions Answered in the Report

1) What are the major factors driving the growth of the surgical lasers market?

Ans: Surging cases of chronic diseases and increasing surgical procedures worldwide are the major factors driving the growth of the surgical lasers market.

2) What would be the CAGR of surgical lasers market over the forecast period?

Ans: The market is anticipated to attain a CAGR of ~13% over the forecast period, i.e., 2023 – 2035.

3) What are the challenges affecting the surgical lasers market growth?

Ans: High procedural costs associated with the surgery and safety concerns related to its use are factors estimated to hamper the market growth.

4) Which region will provide more business opportunities for growth of surgical lasers market in future?

Ans: The market in North America is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

5) Who are the major players dominating the surgical lasers market?

Ans: The major players in the market are Lumenis Be Ltd., Lutronic, Inc., IPG Photonics Corporation, Koninklijke Philips N.V., Alcon Vision LLC, BIOLASE, Inc., Abbott Laboratories, Candela Corporation, and others.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the surgical lasers market?

Ans: The market is segmented by product type, procedure, application, end user, and by region.

8) Which segment captures the largest market size in application segment in the surgical lasers market?

Ans: The dentistry segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

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