Medical Laser Market to Reach $17.3 Billion Over Next 6 Years

New research projects the medical laser market will be worth $17.3 billion by 2031. The report titled "Medical Laser Market by Type (Device Type (Solid-state Lasers, Gas Lasers, Dye Lasers, Diode Lasers), Fiber Type (Disposable Laser Fibers, Reusable Laser Fibers)), Application (Device, Fiber), and Geography—Global Forecast to 2031" forecasts the market to grow at a compound annual growth rate of 17.6%. 

Medical laser devices are precisely focused light sources used for treating or removing tissues. They are used in place of a scalpel because of their ability to accurately focus on tiny areas. 

Dermatology, dentistry, cardiology, neurology, and eye surgery are among the medical fields using laser devices because of the high-precision treatments that remain minimally invasive. 

The future of the medical laser market is full of potential.