Medical Lasers Boom: Expected to be Worth $25 Billion by 2034 (+220%)

Laser treatments are becoming increasingly popular due to their non-invasive nature and short recovery times, with an estimated $20 billion in spending on cosmetic procedures in the United States in 2023. Medical lasers are widely used in dermatology, cosmetic medicine, urology, ophthalmology, and dentistry. North America holds the largest market share at 45%, ahead of Europe (26%) and Asia-Pacific (21%).

"In the medical laser sector, the real competitive advantage lies in the adoption of a personalized therapeutic approach, tailor-made to meet the specific needs of each individual patient," says Girolamo Lionetti, CEO of Quanta System, a company that produces laser technologies for surgery, dermatology, aesthetic medicine and art conservation.

The growing demand for non-invasive surgical and dermatological treatments is driving the development of the global medical laser market. According to a study by Precedence Research, the latter will reach a value of $25 billion by 2034, with a growth of 220% compared to the estimated value of $7.75 billion for 2025.

In terms of market share, the North American region dominates, with 45%, driven by the growth, among the population, of the preference for aesthetic medicine interventions with minimally invasive procedures such as laser, so much so that in the USA, in 2023, an expenditure of approximately 20 billion dollars was recorded for this type of treatment. After North America, we find Europe, which holds a market share of just over a quarter (26%), driven by the increase in the use of laser treatment to treat ophthalmic disorders and, in the EU, Germany is the nation in which the demand for laser treatments has recorded the greatest increase. Europe is followed by the Asia-Pacific area (21%) thanks to the development of healthcare infrastructure and the increase in the number of laser centers present in the region, while Latin America (5%), the Middle East and Africa (3%) close the ranking.

Medical lasers are used in dermatology, surgery, ophthalmology and dentistry and the growing global demand for non-invasive and easily accessible medical treatments is positively influencing the development of this market so much so that the demand for laser interventions is constantly increasing in both developing and developed countries, all due to the ever-increasing importance of aesthetics. In recent years, the significant global diffusion of social media has triggered a consequent increase in aesthetic awareness and a greater availability of treatments on the market. This scenario has pushed the population to increasingly orient itself towards medical-surgical solutions aimed at preserving an appearance more in line with their desires.