Pulmonology Lasers Market - Growth Drivers and Challenges
Growth Drivers
- Rising incidence of respiratory diseases: The rising tide of respiratory diseases, like chronic obstructive pulmonary disease (COPD) and lung cancer, is a major concern. In North America, the CDC highlights that 15 million Americans have been diagnosed with COPD. Over in Europe, Germany reported 2.3 million cases of COPD in 2025. This expanding patient base is fueling the demand for pulmonology lasers.
- Healthcare quality improvement: The Agency for Healthcare Research and Quality (AHRQ) shines a light on how effective pulmonology lasers can be as a budget-friendly option. A 2022 study from AHRQ found that early-stage laser treatments for lung cancer resulted in a 29% drop in hospitalizations for patients. These laser therapies also encourage healthcare providers to adopt laser systems in their outpatient practices to align with AHRQ’s quality improvement goals. In the end, this approach also enhances the overall patient experience.
Strategic Shifts Driving Pulmonology Lasers Market Expansion
Pulmonology laser manufacturers are really stepping up their game by embracing the latest innovations and forming strategic partnerships to expand their reach in the pulmonology lasers market. Companies like Olympus and Boston Scientific are pouring significant resources into bronchoscopic laser ablation technologies to address the rising global cases of lung cancer and COPD. The push for early-stage diagnosis through laser bronchoscopy is receiving support from government grants as part of the NIH’s “Lung Health Initiative.”
Revenue Opportunities for Pulmonology Lasers Manufacturers (Statistical Data Only)
|
Manufacturer |
Market Share Growth (2023–24) |
Additional Revenue ($ Million) |
|
Olympus Corp. |
6.1% |
84.1 |
|
Boston Scientific |
4.4% |
71.5 |
|
Lumenis |
3.5% |
59.2 |
|
Richard Wolf GmbH |
2.5% |
34.5 |
|
KARL STORZ SE & Co. KG |
2.3% |
27.5 |
Expansion Models Reshaping the Pulmonology Lasers Market
The viability models driving expansion in the pulmonology laser market are getting progressively tailored to varying nations. The manufacturers are refining their expansion plans to suit the local regulations and partnerships, as well as changes in healthcare reimbursement. Indicatively, as the U.S. Centers for Medicare & Medicaid Services notes, such corporations as Boston Scientific received a 7.2% sales increase on a national level, owing to the Medicare 2023 reimbursement update of bronchial laser treatments. These developments point to an increasing trend of collocation and coordination with health policies. Manufacturers have a good opportunity to integrate pulmonology lasers into the complete care delivery model and the government-subsidized screening programs to popularize the use of this equipment. The dominating players in the market are currently focusing on hybrid formats that integrate innovation and enhanced market accessibility.
Pulmonology Lasers Expansion Feasibility Models (Statistical Table)
|
Country |
Feasibility Model Type |
Company |
Revenue Growth (%) |
Period |
|
India |
Public healthcare partnerships |
Lumenis |
11.0 |
2022–2024 |
|
USA |
Medicare reimbursement integration |
Boston Scientific |
7 |
2023 |
|
China |
Provincial subsidy & JV manufacturing |
Olympus |
10 |
2023 |
|
Germany |
Diagnostic-laser R&D funded by BfArM |
Richard Wolf GmbH |
5.8 |
2022–2024 |
Challenges
- Exorbitant treatment costs: Pulmonology laser systems and procedures are expensive, impeding access by patients, especially in low- and middle-income countries. The WHO further estimates that 99 million people are pushed into poverty each year because of out-of-pocket healthcare expenses, and most of the modern procedures, such as laser bronchoscopy, are not affordable.
- Pricing controls: Government payers have tight pricing controls that limit profitability. As per the WHO, the pulmonology lasers market in the world will rise in 2024 by 10.80%, even though government price limits in Asia and Europe saw margins shrink by one-fifth. In the U.S., CMS cut reimbursement rates of laser procedures by 4% in 2023, which affected hospital adoption.
Pulmonology Lasers Market Size and Forecast:
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
10.80% |
|
Base Year Market Size (2024) |
USD 6.50 billion |
|
Forecast Year Market Size (2037) |
USD 24.80 billion |
|
Regional Scope |
|