Global Cold Laser Therapy Market, By Product (Instruments, Accessories), Application (Orthopaedics, Dermatology, Dentistry, Neurology, Laser Acupuncture, Others), End-User (Hospitals, Specialty Clinics, Home Care), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Cold Laser Therapy Market
The cold laser therapy market is expected to witness market growth at a rate of 6.76% in the forecast period of 2021 to 2028 and is expected to reach USD 545.98 million by 2028. Data Bridge Market Research report on cold laser therapy market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapid advancements in the healthcare sector globally is escalating the growth of cold laser therapy market.
Cold laser refers to a painless, non-invasive, drug-free modality and sterile technique that is utilized for various conditions causing acute and chronic pain. The light penetrates the skin and is absorbed by a particular receptor within the mitochondria, during a laser treatment. Receptor stimulation with light offers numerous benefits such as light promotes energy production, protein and growth factor synthesis, proliferation, enhanced blood and oxygen flow, biochemical reactions and cell growth.
The rise in the significance of aesthetics laser techniques across the globe acts as one of the major factors driving the cold laser therapy market. The increase in adoption of these low-intensity laser devices for treating numerous illnesses including wrinkles, acne and pain management, and the usage of cold laser therapy technology on several body parts such as directly over the orthopedic stimulators and spinal vertebrae that have been surgically implanted accelerate the market growth. The increase in traditional chiropractic and other manipulative treatment methods, and rise in demand for novel laser technologies coupled with inclination of patients toward non-invasive surgical treatments further challenge the market. Additionally, rise in demand for minimally invasive solutions, increase in the aging population, surge in number of aesthetic laser treatments positively affects the cold laser therapy market. Furthermore, research to develop UV-free devices for the treatment of skin diseases and increase in the number of patients using advanced laser-based treatments extend profitable opportunity to the market players in the forecast period of 2021 to 2028.
- On the other hand, high cost associated with the treatment is expected to obstruct the market growth. The stringent regulations and limited number of quality reports justifying the efficacy of these devices are projected to challenge the cold laser therapy market in the forecast period of 2021-2028.
This cold laser therapy market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on cold laser therapy market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Cold Laser Therapy Market Scope and Market Size
The cold laser therapy market is segmented on the basis of product, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the cold laser therapy market is segmented into instruments, and accessories.
- On the basis of application, the cold laser therapy market is segmented into orthopaedics, dermatology, dentistry, neurology, laser acupuncture and others.
- On the basis of end-user, the cold laser therapy market is segmented into hospitals, specialty clinics and home care.
Cold Laser Therapy Market Country Level Analysis
The cold laser therapy market is analyzed and market size insights and trends are provided by country, product, application and end-user as referenced above.
The countries covered in the cold laser therapy market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the cold laser therapy market because of the surge in number of research and introduction of technological advance slightly invasive therapies within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 due to the several research activities and newer discoveries about the advantages of light therapy in the region.
The country section of the market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The cold laser therapy market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for cold laser therapy market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the cold laser therapy market. The data is available for historic period 2010-2019.
Competitive Landscape and Cold Laser Therapy Market Share Analysis
The cold laser therapy market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cold laser therapy market.
The major players covered in the cold laser therapy market report are THOR Photomedicine, Erchonia Corporation., Theralase Technologies, BioLight Technologies LLC., iGrow Laser., Meditech International, Inc., DJO, LLC, Candela Medical, amdlasers., CAO Group, Inc., Fotona, Danaher., LightScalpel, Good Energies Foundation, Spectro Analytic Irradia AB, B Cure/Erika Carmel Ltd., Boston Scientific Corporation, Ellex Medical, Lumenis., Novartis AG, and QuantumPM, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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