Medical Laser Market Size

Medical Laser Market size was valued at USD 6.1 billion in 2024 and is set to exceed USD 22.04 billion by the end of 2037, expanding at over 10.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of medical laser is evaluated at USD 6.61 billion.

The growth of the market can primarily be ascribed to the rising sales of lasers owing to growing demand in multiple medical branches such as cardiovascular, dentistry, dermatology, gynecology, and others. For instance, in 2021, lasers sales across the globe were valued at over USD 15 billion.

Global medical laser market trends such as, booming cases of cardiovascular diseases, and flourishing healthcare expenditure across the globe are projected to influence the growth of the market positively over the forecast period. Based on statistics provided by the World Health Organization (WHO), cardiovascular disease accounted for approximately 17.9 million deaths per year across the globe, while one-third of death is associated with geriatrics. Medical lasers are getting more enhanced owing to growing technological advancement. These lasers are used in therapies, for instance, photodynamic & photo rejuvenation therapies, surgeries, medical diagnosis, treatment, and others. A surgeon becomes more capable of accomplishing complex tasks during the surgery with the proper assistance of lasers. Hence, all these factors are expected to propel the growth of the market over the forecast period.