Cold Laser Therapy Trends and Forecast
The future of the global cold laser therapy market looks promising with opportunities in the hospital & clinic and homecare setting markets. The global cold laser therapy market is expected to reach an estimated $144.3 million by 2030 with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are rising incidence of persistent pain and musculoskeletal ailments and escalating need for non-intrusive and drug-free treatments.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cold Laser Therapy by Segment
The study includes a forecast for the global cold laser therapy by type, application, end use, and region.
Cold Laser Therapy Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Laser Devices
• LED Devices
• Others
Cold Laser Therapy Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Pain Management
• Wound Management
• Cosmetics
• Others
Cold Laser Therapy Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals & Clinics
• Homecare Settings
• Others
Cold Laser Therapy Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Cold Laser Therapy Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cold laser therapy companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cold laser therapy companies profiled in this report include-
• BioCare Systems
• THOR Photomedicine
• Mostleds
• Bioflex Laser Therapy
• HairMax
• Biolight Technologies
• iRestore Laser
• Ingeneus
• TheraDome
• iGrow Laser
Cold Laser Therapy Market Insights
Lucintel forecasts that laser is expected to witness the highest growth over the forecast period due to its reduced side effects, controlled divergence, and high efficiency.
Within this market, homecare setting is expected to witness the higher growth due to growing popularity of cold laser therapy in this setting to make it easier for patients to receive treatment from the comfort of their own homes.
North America will remain the largest region over the forecast period due to rising number of chronic illnesses, existence of well-established healthcare system, and presence of key players in the region.
Features of the Global Cold Laser Therapy Market
Market Size Estimates: Cold laser therapy market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cold laser therapy market size by type, application, end use, and region in terms of value ($M).
Regional Analysis: Cold laser therapy market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, end uses, and regions for the cold laser therapy market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cold laser therapy market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the cold laser therapy market size?
Answer: The global cold laser therapy market is expected to reach an estimated $144.3 million by 2030.
Q2. What is the growth forecast for cold laser therapy market?
Answer: The global cold laser therapy market is expected to grow with a CAGR of 4.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the cold laser therapy market?
Answer: The major drivers for this market are rising incidence of persistent pain and musculoskeletal ailments and escalating need for non-intrusive and drug-free treatments.
Q4. What are the major segments for cold laser therapy market?
Answer: The future of the cold laser therapy market looks promising with opportunities in the hospital & clinic and homecare setting markets.
Q5. Who are the key cold laser therapy market companies?
Answer: Some of the key cold laser therapy companies are as follows:
• BioCare Systems
• THOR Photomedicine
• Mostleds
• Bioflex Laser Therapy
• HairMax
• Biolight Technologies
• iRestore Laser
• Ingeneus
• TheraDome
• iGrow Laser
Q6. Which cold laser therapy market segment will be the largest in future?
Answer: Lucintel forecasts that laser is expected to witness the highest growth over the forecast period due to its reduced side effects, controlled divergence, and high efficiency.
Q7. In cold laser therapy market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rising number of chronic illnesses, existence of well-established healthcare system, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cold laser therapy market by type (laser devices, LED devices, and others), application (pain management, wound management, cosmetics, and others), end use (hospitals & clinics, homecare settings, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Cold Laser Therapy Market, Cold Laser Therapy Market Size, Cold Laser Therapy Market Growth, Cold Laser Therapy Market Analysis, Cold Laser Therapy Market Report, Cold Laser Therapy Market Share, Cold Laser Therapy Market Trends, Cold Laser Therapy Market Forecast, Cold Laser Therapy Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.