Report : Surgical Laser Fiber Units Market Report: Size, Share and Outlook by 2031
Silica-based fibers Segment to Bolster Surgical Laser Fiber Units Market Growth During 2024-2031
According to our new research study on "Surgical Laser Fiber Units Market Forecast to 2031 - Global Analysis - by Laser Type, Material, Application, Power, Wavelength, and End User," the market is expected to reach US$ 1,072.03 million by 2031 from US$ 705.88 million in 2024; the market is estimated to register a CAGR of 6.2% during 2024-2031. The report highlights trends prevailing in the market, and drivers and restraints pertaining to the market growth.
As consumers become more aware of their appearance, noninvasive and minimally invasive procedures-such as laser skin resurfacing, hair removal, and tattoo removal-are gaining popularity. This trend toward aesthetic laser treatments is expected to drive investment in laser technologies and fibers, expanding their use in cosmetic and dermatological practices. As per the American Society of Plastic Surgeons (ASPS) report published in 2022, 2.915 billion skin treatment procedures, including laser hair removal, laser treatment of leg veins, IPL treatment, and laser tattoo removal, were performed in 2022. According to the ASPS 2022 report, the number of laser vein treatments, specifically sclerotherapy, grew by 22% from 2020 to 2022.
Laser therapies including fractional CO2 and erbium laser treatments are commonly used for skin resurfacing and rejuvenation. These procedures employ medical laser fibers to target skin imperfections such as wrinkles, scars, and pigmentation. For instance, companies such as Candela Medical have developed advanced laser systems that use these fibers to deliver precise energy for effective skin rejuvenation.
Innovative laser hair removal devices introduced by market players such as Lumenis help in improving efficacy and minimizing patient discomfort, addressing the demand for long-lasting hair removal solutions. Endovenous Laser Treatment (EVLT) devices use laser fibers to deliver energy directly into the vein, causing it to close and be reabsorbed by the body. Companies such as AngioDynamics offer advanced laser systems specifically for vascular applications. Therefore, as laser therapy enhances patient experiences and treatment outcomes in aesthetic procedures, the demand for effective medical laser fibers is expected to rise substantially.
Increasing Adoption of Minimally Invasive Surgeries Is Propelling The Growth of Surgical Laser Fiber Units Market
Surgeons performing minimally invasive surgeries benefit from medical laser fibers as they enable precise delivery of laser energy to target tissues, minimize damage and scarring, and cauterize blood vessels to reduce bleeding. The advancement of surgical equipment has expanded the scope of minimally invasive surgical procedures, increasing the demand for these lasers. Recently, fiber lasers have gained popularity in photonics due to their robustness and reliability, making them ideal for surgical applications. According to the National Institute of Diabetes, Digestive and Kidney Diseases, over 20 million endoscopic surgeries are performed annually in the US, making it the most common type of minimally invasive surgery. As low surgically intensive procedures become standard, the use of laser fiber technology to treat various conditions particularly in gynecology, urology, ophthalmology, and dentistry is rising. Manufacturers including Typenex Medical, LLC offers Fibernex Laser Fibers for endoscopic surgeries.
The surging popularity of laser-based minimally invasive procedures such as LASIK drives the demand for medical laser fibers. According to an article from myvision.org, LASIK is one of the most commonly performed laser eye procedures in the US, and over 20 million LASIK procedures were performed in 2022. The shift toward laser-based treatments in various medical fields drives the adoption of medical laser fibers, as they provide the flexibility, precision, and effectiveness required for low-intensity surgeries. Thus, with the growing adoption of advanced laser technologies by healthcare providers to enhance patient outcomes and reduce recovery times, the need for high-quality medical laser fibers is propelling, thereby driving its market growth.
The surgical laser fiber units market is segmented on the basis of laser type, material, application, power, wavelength, and end user, and geography. The surgical laser fiber units market, based on laser type, is segmented into CO2 lasers, diode lasers, erbium lasers, Nd:Yag lasers, holmium lasers, alexandrite lasers, and others. The CO2 laser segment held the largest share in the surgical laser fiber units market in 2024, and it is expected to register the highest CAGR during 2024-2031. Based on material, the market is segmented into silica-based fibers, quartz fibers, polymer-based fibers, multimode fibers, and others. The silica-based fibers segment held the largest share in the surgical laser fiber units market in 2024. Silica-based fibers, commonly known as silica optical fibers, are primarily made from high-purity synthetic fused silica. These fibers have excellent light transmission properties, flexibility, and the ability to handle high power levels. As a result, silica fibers are being increasingly integrated into endoscopy, laser surgery, and phototherapy. Several companies are at the forefront of developing silica-based fibers for medical applications. For instance, OFS Specialty Photonics focuses on manufacturing high-performance silica optical fibers specifically designed for medical use. Their HCXtreme fibers are engineered to reliably handle high laser powers. AFL Global offers a variety of specialty optical fibers, such as high-OH pure-silica core multimode waveguides that support various laser delivery systems. Additionally, Heraeus Conamic develops specialty optical fibers that efficiently transport laser light into the body, contributing to advancements in minimally invasive surgical techniques.
The global surgical laser fiber units market, based on power, is segmented into low-power lasers, medium-power lasers, and high-power lasers. The high-power lasers segment held the largest share in the surgical laser fiber units market in 2024.
The global market, based on application, is segmented into urology, dermatology, ophthalmology, cardiovascular, respiratory, neurology, and others. The ophthalmology segment held the largest share in the surgical laser fiber units market in 2024.
Based on wavelength, the surgical laser fiber units market is segmented as 9,301 nm and above, 2,941-9,300 nm, and 1,441-2,940 nm, 821-1,440 nm, 710-820 nm, and below 710 nm. The 9301 and above segment held the largest share in the surgical laser fiber units market in 2024.
The surgical laser fiber units market, based on end user, is segmented into hospitals, specialty clinics, ambulatory surgery centers, and others. The hospitals segment held the largest share in the surgical laser fiber units market in 2024.
In terms of geography, the surgical laser fiber units market is segmented into North America (US, Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia Pacific), the Middle East & Africa (UAE, Saudi Arabia, Africa, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America). North America held the largest share of the surgical laser fiber units Market in 2024. The North America medical laser fiber market is segmented into the US, Canada, and Mexico. The presence of key market players, early adoption of technologically advanced products, and well-established healthcare infrastructure are the key factors supporting the market growth in this region.
According to estimates released by the Centers for Disease Control and Prevention (CDC) in 2023, ~610,000 people die due to cardiovascular diseases in the US, accounting for 1 in every 4 mortalities. Such a high prevalence of heart diseases drives the need for medical laser systems, which are used to treat coronary artery disease, hypertrophic cardiomyopathy, ventricular and supraventricular arrhythmias, and congenital heart disease. The laser angioplasty procedure is performed to reduce the plaque in the coronary arteries.
The surging adoption of laser treatments in aesthetic procedures, such as hair laser removal treatment and laser skin treatment, is likely to influence the medical laser fibers market growth in the US during the forecast period. The country has a large market for aesthetic treatments, such as laser hair removal, skin resurfacing, tattoo removal, and acne treatments. Laser fibers offer high precision and minimal downtime, which are highly attractive to those seeking cosmetic procedures.
The early adoption of emerging medical technologies and increased consumer awareness of minimally invasive treatment options are the factors propelling the demand for medical laser fiber solutions across the US. The widespread availability of healthcare insurance and reimbursement policies for laser treatments has further encouraged the adoption of medical lasers in various medical applications, thereby bolstering the medical laser fiber market growth.
Richard Wolf GmbH, Hyper Photonics s.r.l; Boston Scientific Corp; biolitec AG (Biolitec); Wuhan Pioon Technology Co., Ltd; Olympus Corp; Heraeus Group; Cook Medical Holdings LLC; Karl Storz SE & Co KG; INVAMED; Clarion Medical Technologies.; Becton Dickinson and Co; MED-Fibers, Inc; and OmniGuide Holdings, Inc. are among the key players in the market.
Companies operating in the surgical laser fiber units market adopt various organic and inorganic strategies. Organic strategies mainly include product launches and product approvals. Acquisitions, collaborations, and partnerships are among the inorganic growth strategies witnessed in the surgical laser fiber units market. These growth strategies allow the market players to expand their businesses and enhance their geographic presence, thereby contributing to the overall market growth. Further, acquisition and partnership strategies help them strengthen their customer base and expand their product portfolios.
A few of the developments made by the companies operating in Surgical Laser Fiber Units Market are as follows: