Diode segment by type is estimated to lead the market growth during the forecast period

According to a new market research study of “North America Laser Therapy Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type, Application and End User,” the North America laser therapy Market is projected to reach US$ 669.92 million by 2027 from US$ 1,441.45 million in 2019. The market is estimated to grow at CAGR of 10.2% from 2020 to 2027. The report highlights trends prevailing in the North America laser therapy market and the factors driving market along with those that act as hindrances.

Based on type, the North America laser therapy Market is further segmented into solid, liquid, gas, and diode. The diode segment held a larger share of the market in 2019. The growth of the segment was determined due to the benefits offered by broad medical applications and growing product launches.

Diode lasers that ranges from a wavelength of 810 to 980 nm in a pulsed or continuous mode is often used in the soft tissue surgery of the oral cavity. Laser systems and their application in dentistry and especially oral surgery are rapidly improving today. The diode lasers in association of exercise therapy are also used as an effective treatment for chronic pain.

Diode lasers have been available for long time; however, the clinical application of diode lasers has been limited till recently. The diode lasers now have shown significantly positive results in improving hemostasis through vaporization of the prostatic tissue. The diode lasers are also known to show considerable results in various interventional pulmonary procedures.

The growth of the market is driven by the factors such as, broad medical applications, and growing product launches. However, the market is likely to have negative impact due to high cost of laser therapy and devices.

Alma Lasers, Coherent, Inc., BIOLASE, Inc., IPG Photonics Corporation, and Biolitec AG are among the leading companies operating in the North America laser therapy Market.  

North America Laser Therapy Market, By Country, 2019 (% share)

The report segments North America Laser Therapy Market as follows

By Type

• On-body Injectors
• Off-body Injectors

By Application

• Diabetes
• Oncology
• Cardiovascular Disease
• Autoimmune Disease
• Other Applications

By End User

• Hospitals and Clinics
• Homecare Setting
• Other End User

By Country

• US
• Canada
• Mexico