The global CO2 medical laser systems market is calculated to reach USD 1,359.99 million by 2032, at a CAGR of 9.64% from 2023 to 2032. Growing disease burden, ageing population, rising healthcare expenditure, and unmet medical needs in emerging & developing countries are some of the major drivers expected to fuel the growth of the CO2 medical laser systems industry. The advanced technologies that can make it possible to implement laser skin resurfacing techniques as a possibility for more treatments are expected to boost the industry's growth.
Medical treatments that use powerful beams of light to cut, burn, or destroy tissue are called laser therapy. It is a non-invasive yet high-intensity light source that treats the problem and heals quickly without leaving any scars on the body. For the aesthetic aspect, there is a growing demand for laser surgery in developing and developed countries. Patients nowadays prefer rapid diagnosis, procedures, and results due to their fast-paced lifestyle. Because of technological advancements, the medical industry can now offer patients what they wish in the form of non-surgical surgeries and diagnoses. Due to the ideal preciseness, painlessness and effectiveness, CO2 lasers are essential for this type of procedure. Therefore, the rising demand for non-invasive procedures will likely boost the demand for CO2 laser systems.
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May 2021 - Lumenis Ltd., a renowned medical company, has collaborated with Harrods Wellness Clinic in London to set up its aesthetic clinic with the Stellar M22. This collaboration is projected to drive market growth in the forecast period.
April 2021 - Alma Lasers introduces Alma Prime X, a non-invasive body contouring and skin tightening platform. Therefore, introducing fractional laser technology reduces downtime, improves skin tone, speeds up recovery and reduces facial wrinkles. These factors in laser technology are expected to boost the industry's growth.
Rising Need for Minimally Invasive Surgeries – Using CO2 laser systems in various minimally invasive surgeries (MIS) drives the market's growth. The benefits of using a CO2 laser system include less blood loss, less tissue damage, and a shorter hospital stay than traditional surgical procedures.
Rising Demand for Laser-Assisted Surgery - Laser-assisted surgery is increasing, as it provides better results than conventional surgical techniques. The overhead fact is exceptionally actual for surgeries such as dental surgery, tumour removal, and plastic surgery.
High Cost - High costs allied with laser surgery restrict their adoption in emerging and developed markets. In addition, complications linked with laser procedures, such as dyschromia, scarring, and others, hamper the market's growth.
Technological Advancements - The evolution of new CO2 laser systems is helping to boost the market growth. Introducing the fractional laser offers less post-surgical downtime and improved patient performance than conventional CO2 laser systems.
Alternative Treatments - Nowadays, substitute treatments are available at reasonably fewer prices. As a result, healthcare providers prefer these alternative treatments that cost less and have fewer side effects than laser surgery to avoid complications.
The regions analyzed for the market include North America, Asia Pacific, Europe, the Middle East & Africa, and South America. With a revenue market share of 34.58% in 2022, North America became the dominant region in the global CO2 medical laser systems market.
North America registered the highest revenue share of 34.58% in 2022 and is projected to achieve a prominent rise over the forecast period. The increased demand for these technologies in the United States due to the high preference for cosmetic surgery and minimally invasive medical procedures is one of the major factors driving the growth of medical CO2 laser systems in North America. Laser therapy is widely used in North America for vision correction.
Followed by North America, Europe is projected to witness a lucrative rise over the forecast period due to the growing use of laser treatment for eye diseases. There is a rising need for laser treatment in many European countries, especially Germany.
APAC is projected to be the quickest-rising region over the forecast period owing to growth in healthcare facilities, rising incidence of chronic diseases, and innovative product launches.
North America region CO2 Medical Laser Systems Market Share in 2022 - 34.58%
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The application section is divided into urology, ophthalmology, dermatology, gynecology, veterinary, dentistry, ENT, cardiovascular and others. The dermatology applications section registered the highest market share in 2022, with the widespread acceptance of laser treatments in cosmetic procedures and the need for tattoo removal being critical factors for this section. Additionally, the increasing demand for non-invasive cosmetic procedures is also driving the growth of the dermatology section.
The end user segment includes outpatient facilities, hospitals, and research & manufacturing. The outpatient facilities segment is further sub-segmented into specialty clinics and ambulatory surgical centers. The research & manufacturing segment is also sub-segmented into research and academic institutes. The outpatient facilities section registered the highest market share in 2022, owing to the increasing number of highly trained and certified professionals in outpatient centers. Moreover, dermatologists have the appropriate medical training to prevent scarring, changes in skin texture, burns, and other injuries during or after removal treatments.
The distribution channel section includes online and offline. The offline section held the largest market share in 2022. With the feel and look of their products, offline stores help buyers to choose CO2 medical laser systems as per their needs. Therefore, major market players have opened several specialized stores in different countries to provide consumers with original products, worry-free shopping, and after-sales service.
Report Description:
Attribute | Description |
---|---|
Market Size | Revenue (USD Million), Volume (Units), Price (USD/Unit) |
Market size value in 2022 | USD 541.81 Million |
Market size value in 2032 | USD 1,359.99 Million |
CAGR (2023 to 2032) | 9.64 % |
Historical data | 2019-2021 |
Base Year | 2022 |
Forecast | 2023-2032 |
Regional Segments | The regions are segmented into South America, Europe, Asia Pacific, North America, the Middle East and Africa. |
Segments | Application, End User and Distribution Channel |
As per The Brainy Insights, the size of the CO2 medical laser systems market was valued at USD 541.81 million in 2022 to USD 1,359.99 million by 2032.
The global CO2 medical laser systems market is growing at a CAGR of 9.64% during the forecast period 2023-2032.
The North America region emerged as the largest market for CO2 medical laser systems.
The rising need of minimally invasive surgeries will influence the market's growth.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Application
4.3.2. Market Attractiveness Analysis by End User
4.3.3. Market Attractiveness Analysis by Distribution Channel
4.3.4. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rising need of minimally invasive surgeries
5.2.2. Rising demand of laser-assisted surgery
5.3. Restraints
5.3.1. High cost
5.4. Opportunities
5.4.1. Technological advancements
5.5. Challenges
5.5.1. Alternative treatments
6. Global CO2 Medical Laser Systems Market Analysis and Forecast, By Application
6.1. Segment Overview
6.2. Urology
6.3. Ophthalmology
6.4. Dermatology
6.5. Gynecology
6.6. Veterinary
6.7. Dentistry
6.8. ENT
6.9. Cardiovascular
6.10. Others
7. Global CO2 Medical Laser Systems Market Analysis and Forecast, By End User
7.1. Segment Overview
7.2. Outpatient Facilities
7.2.1. Specialty Clinics
7.2.2. Ambulatory Surgical Centers
7.3. Hospitals
7.4. Research & Manufacturing
7.4.1. Research Institutes
7.4.2. Academic Institutes
8. Global CO2 Medical Laser Systems Market Analysis and Forecast, By Distribution Channel
8.1. Segment Overview
8.2. Online
8.3. Offline
9. Global CO2 Medical Laser Systems Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global CO2 Medical Laser Systems Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the CO2 Medical Laser Systems Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. LightScalpel
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Cutera
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Limmer Laser GmbH
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Lumenis Be Ltd. (Boston Scientific Corp.)
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Herdeks
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Alma Lasers
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Bison Medical
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. DEKA M.E.L.A. srl
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Cutting Edge Laser Technologies
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Candela Medical
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Cynosure
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. IDS
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Lutronic
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Aakar Enhancing Life Through Technology
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. Lynton Laser Ltd.
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
11.16. UNICORN
11.16.1. Business Overview
11.16.2. Company Snapshot
11.16.3. Company Market Share Analysis
11.16.4. Company Product Portfolio
11.16.5. Recent Developments
11.16.6. SWOT Analysis
11.17. Coherent, Inc.
11.17.1. Business Overview
11.17.2. Company Snapshot
11.17.3. Company Market Share Analysis
11.17.4. Company Product Portfolio
11.17.5. Recent Developments
11.17.6. SWOT Analysis
11.18. Quanta System
11.18.1. Business Overview
11.18.2. Company Snapshot
11.18.3. Company Market Share Analysis
11.18.4. Company Product Portfolio
11.18.5. Recent Developments
11.18.6. SWOT Analysis
List of Table
1. Global CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
2. Global Urology CO2 Medical Laser Systems Market, By Region, 2019-2032 (USD Million) (Units)
3. Global Ophthalmology Lights CO2 Medical Laser Systems Market, By Region, 2019-2032 (USD Million) (Units)
4. Global Dermatology CO2 Medical Laser Systems Market, By Region, 2019-2032 (USD Million) (Units)
5. Global Gynecology CO2 Medical Laser Systems Market, By Region, 2019-2032 (USD Million) (Units)
6. Global Veterinary CO2 Medical Laser Systems Market, By Region, 2019-2032 (USD Million) (Units)
7. Global Dentistry CO2 Medical Laser Systems Market, By Region, 2019-2032 (USD Million) (Units)
8. Global ENT CO2 Medical Laser Systems Market, By Region, 2019-2032 (USD Million) (Units)
9. Global Cardiovascular CO2 Medical Laser Systems Market, By Region, 2019-2032 (USD Million) (Units)
10. Global Others CO2 Medical Laser Systems Market, By Region, 2019-2032 (USD Million) (Units)
11. Global CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
12. Global Outpatient Facilities CO2 Medical Laser Systems Market, By Region, 2019-2032 (USD Million) (Units)
13. Global Hospitals CO2 Medical Laser Systems Market, By Region, 2019-2032 (USD Million) (Units)
14. Global Research & Manufacturing CO2 Medical Laser Systems Market, By Region, 2019-2032 (USD Million) (Units)
15. Global CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
16. Global Online CO2 Medical Laser Systems Market, By Region, 2019-2032 (USD Million) (Units)
17. Global Offline CO2 Medical Laser Systems Market, By Region, 2019-2032 (USD Million) (Units)
18. Global CO2 Medical Laser Systems Market, By Region, 2019-2032 (USD Million) (Units)
19. North America CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
20. North America CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
21. North America CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
22. U.S. CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
23. U.S. CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
24. U.S. CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
25. Canada CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
26. Canada CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
27. Canada CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
28. Mexico CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
29. Mexico CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
30. Mexico CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
31. Europe CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
32. Europe CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
33. Europe CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
34. Germany CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
35. Germany CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
36. Germany CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
37. France CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
38. France CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
39. France CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
40. U.K. CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
41. U.K. CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
42. U.K. CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
43. Italy CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
44. Italy CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
45. Italy CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
46. Spain CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
47. Spain CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
48. Spain CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
49. Asia Pacific CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
50. Asia Pacific CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
51. Asia Pacific CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
52. Japan CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
53. Japan CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
54. Japan CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
55. China CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
56. China CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
57. China CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
58. India CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
59. India CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
60. India CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
61. South America CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
62. South America CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
63. South America CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
64. Brazil CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
65. Brazil CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
66. Brazil CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
67. Middle East and Africa CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
68. Middle East and Africa CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
69. Middle East and Africa CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
70. UAE CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
71. UAE CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
72. UAE CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
73. South Africa CO2 Medical Laser Systems Market, By Application, 2019-2032 (USD Million) (Units)
74. South Africa CO2 Medical Laser Systems Market, By End User, 2019-2032 (USD Million) (Units)
75. South Africa CO2 Medical Laser Systems Market, By Distribution Channel, 2019-2032 (USD Million) (Units)
List of Figures
1. Global CO2 Medical Laser Systems Market Segmentation
2. CO2 Medical Laser Systems Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global CO2 Medical Laser Systems Market Attractiveness Analysis by Application
9. Global CO2 Medical Laser Systems Market Attractiveness Analysis by End User
10. Global CO2 Medical Laser Systems Market Attractiveness Analysis by Distribution Channel
11. Global CO2 Medical Laser Systems Market Attractiveness Analysis by Region
12. Global CO2 Medical Laser Systems Market: Dynamics
13. Global CO2 Medical Laser Systems Market Share by Application (2023 & 2032)
14. Global CO2 Medical Laser Systems Market Share by End User (2023 & 2032)
15. Global CO2 Medical Laser Systems Market Share by Distribution Channel (2023 & 2032)
16. Global CO2 Medical Laser Systems Market Share by Regions (2023 & 2032)
17. Global CO2 Medical Laser Systems Market Share by Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global CO2 medical laser systems market based on below-mentioned segments:
Global CO2 Medical Laser Systems Market by Application:
Global CO2 Medical Laser Systems Market by End User:
Global CO2 Medical Laser Systems Market by Distribution Channel:
Global CO2 Medical Laser Systems Market by Region:
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