CO2 Laser Market Analysis

  • Report ID: 5151
  • Published Date: Aug 02, 2024
  • Report Format: PDF, PPT

CO2 Laser Market Analysis

Application (Therapeutic & Diagnostics, LiDAR Imaging, Cutting & Perforations, Welding, Drilling)

CO2 laser market from the cutting and perforation segment is set to witness the largest market revenue of 30% by the end of 2036. The growth of this segment can be attributed to the increasing utilization of co2 laser cutting and perforations in various end-use industries. Owing to its high range of benefits and advantages such as high speed, finished touch, and notable precision. Additionally, they can handle both thick and thin substances leading to versatility in several applications. They can be utilized for delicate and heavy-duty cutting and perforation tasks making them a preferred option for a large variety of sectors.

End Use (Military & Defense, Aerospace, Metal Processing, Healthcare, Manufacturing, Automotive, Telecommunication)

The healthcare segment in the CO2 laser market is poised to account for the highest CAGR in the time period between 2023 – 2036. This can be propelled by an increasing prevalence of cosmetic surgery and procedures all across the globe. C02 lasers are majorly used in aesthetic and cosmetic surgery products for skin rejuvenation, wrinkle reduction, and the treatment of pigmentation issues. Fractional co2 lasers particularly have gained popularity for their potential to target specific areas while leaving the surrounding tissue tract. Besides, they are also utilized for disinfection and sterilization purposes in the medical sector. With around four million cosmetic treatments performed globally in 2020, the United States set the record.

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

 

 

   Application

  • Therapeutic & Diagnostics
  • LiDAR Imaging
  • Cutting & Perforations
  • Welding
  • Drilling

 

 

   Output Power

  • Up to 50W
  • 50W to 500W
  • 500W to 1000W
  • Above 1000W

 

 

 

 

   End Use

  • Military & Defense
  •  Aerospace
  • Metal Processing
  •  Healthcare
  • Manufacturing
  • Automotive
  • Telecommunication
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 5151
  • Published Date: Aug 02, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of co2 laser is evaluated at USD 2.21 Billion.

The co2 laser market size was valued at USD 2.11 Billion in 2023 and is poised to exceed USD 4.18 Billion by the end of 2036, registering over 5.4% CAGR during the forecast period i.e., between 2024-2036. The growing demand from the healthcare industry increasing shift towards electrical mobility are some of the major factors anticipated to drive the market growth.

North America is predicted to account for largest revenue share of 34% by 2036, backed by increasing utilization of co2 laser cutting in the healthcare and aerospace sector in the region.

Coherent Inc., PRC Laser Corporation, TRUMPF, LIGHT MACHINERY, INC., Boss Laser, LLC, Epilog Laser, Alma Lasers, SYNRAD, Kern Electronics & Lasers Inc., GSI Group Ltd.
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