Medical Lasers Market

The global medical lasers market is projected to reach USD 8.3 billion by 2028 from USD 4.8 billion in 2023, at a CAGR of 11.5% from 2023 to 2028. The increasing incidence of specific diseases and advancements in technology are driving the growth of the market.

The medical lasers market is moderately competitive, with established companies and upcoming competitors for the same market share. As of 2022, the key players operating in the global medical lasers market are Alma Lasers (US), Lumenis Be Ltd. (Israel), and Cutera, Inc. (US) among others.

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These competitors have utilized various strategies to increase their market share in the global medical lasers market, including acquisitions, agreements, partnerships, and product releases. In 2022, a higher share of the medical lasers market was held by Alma Lasers (US), Lumenis Be Ltd. (Israel), and Cutera, Inc. (US).

Alma Lasers (Israel)

Alma Lasers is a global company at the forefront of medical technology, dedicated to the development, manufacturing, and distribution of cutting-edge aesthetic and medical laser devices. As a subsidiary of Sisram Medical in the medical aesthetics industry, the company is widely recognized for its advanced technologies in aesthetic medicine, offering versatile solutions for various dermatological and medical applications. With a comprehensive portfolio of over 15 key products tailored to body, skin, and hair treatments, Alma Lasers stands as a leading provider of aesthetic solutions. Prominent offerings include Harmony XL PRO, Alma Primex, DermaClear, Pixel CO2, as well as innovative hair removal systems like Soprano Titanium and Soprano ICE Platinum. Operating across three distinct business segments—Medical Aesthetics, Dental, and Injectables—the company specializes in delivering a diverse range of medical aesthetic products within the Medical Aesthetics segment.

Lumenis Be Ltd. (Israel):

Lumenis is a company that focuses on developing and bringing to market energy-based solutions for the aesthetic and vision sectors. With an impressive portfolio of over 220 patents and a global presence marked by approximately 80,000 installations, Lumenis specializes in providing minimally invasive clinical solutions for both surgical and aesthetic applications. The company's core expertise lies in energy-based technologies, including laser, intense pulsed light (IPL), and radiofrequency (RF) technologies. Lumenis operates in three primary segments: Aesthetics, Vision, and Services. Within the Aesthetics segment, the company offers a diverse range of products for medical aesthetic purposes.

Cutera, Inc. (US)

Cutera specializes in offering laser and energy-based aesthetic systems utilized by medical professionals for various procedures, including hair removal, skin rejuvenation, body contouring, and vascular treatments. Positioned in the medical aesthetic industry, the company provides a comprehensive range of products catering to skin rejuvenation, hair removal, tattoo removal, body contouring, and vascular conditions. Cutera is structured into two primary business divisions: Cutera Core and AviClear, both playing a role in the distribution of medical aesthetic products. Additionally, the company engages a third-party distributor for its skincare product line, specifically targeting the Japanese market.Currently, Cutera has established international business offices in diverse locations such as the United States, Australia, New Zealand, Belgium, France, Germany, Japan, Switzerland, Spain, Portugal, and the United Kingdom.

Related Reports:

Medical Lasers Market by Technology (Solid (ER:YAG, ND:YAG, HO:YAG, Alexandrite), Gas (CO2, Argon, Excimer), Pulsed Dye, Diode), Application (Aesthetics, Dermatology, Urology), End User (Hospital, Clinic, Home), Unmet Needs - Global Forecast to 2028

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