CO2 Laser Market Share

North America Market Forecasts

The CO2 laser market in the North American is predicted to hold the largest market share of 34% by the end of the projection period. The region is the largest manufacturer and consumer of co2 lasers with escalating technological advancements in the region. The growth of this market can be attributed to the account of increasing utilization of co2 laser cutting in the healthcare and aerospace sector particularly in the United States. Co2 lasers are utilized in laser surgery which is a minimally invasive procedure that uses lasers to treat a variety of medical conditions. In 2020, around 4.6 million aesthetic minimally invasive treatments had taken place. Moreover, the increasing demand for laser surgery is influenced by escalating geriatric population and increasing incidence of cosmetic surgeries in the region further fuelling the industry growth in the region during the estimation period.

APAC Market Statistics

In the Asia Pacific region, the CO2 laser market is anticipated to experience significant market share during the time period between 2023 – 2036. The economies of China, India, and South Korea are among those that have made significant contributions to market expansion. The expansion is linked to the region's increasing use of CO2 laser tools in manufacturing and industrial automotive applications.