Demand for Minimally Invasive Procedures Contributing to Medical Laser Technologies Surge

The global market for medical laser technologies is forecasted to reach $6.4 billion in 2024, according to research from the Medical Laster Technologies – A Global Market Overview. The report explores the market value from 2020 to 2029. 

Research found the medical laser technologies market rapid growth is driven by factors such as the increasing demand for minimally invasive procedures, growing preference for aesthetic and cosmetic surgeries, and rising incidents of vascular and ocular disorders. The aesthetic and cosmetic application segment currently holds the largest market share, reflecting the growing consumer interest in enhancing their appearances. The cardiovascular application segment emerged as the fastest-growing market segment, driven by technological advances, specifically treating vascular diseases. 

The Asia-Pacific region is forecasted to emerge as the fastest-growing market with compound annual growth rate (CAGR) of 16.7% from 2023 to 2029. 

The report includes 219 data tables covering market numbers by segments and regions with graphical representation for each table.