Global Cold Laser Therapy Market Size, Share, Forecast Report, 2020-2027

The global Cold Laser Therapy market garnered revenue around USD 93.9 Million in 2019 and projected to reach USD 134.2 Million in 2027, with at a compound annual growth rate (CAGR) 5% throughout the estimate period from 2020 to 2027. Lasers are therapeutic systems that are one of the major aspects of photomedicine. These are low-intensity laser devices used to treat various conditions such as acne, wrinkles and for pain management. Cold laser therapy technology can be applied on various body parts such as directly over the spinal vertebrae and orthopedic stimulators that have been surgically implanted. In January 2002, the FDA changed the device classification of cold laser therapy devices to “non-significant risk”, thereby significantly streamlining the FDA clearance process. Consequently, the number of cold laser therapy devices cleared for the treatment of various medical conditions has increased dramatically. Rise in prevalence of orthopedic diseases, surge in demand for new laser technologies, and increase in inclination of patients toward non-invasive surgical treatments are the major factors anticipated to drive the global cold laser therapy market during the forecast period.

North America held major share of the global cold laser therapy market in 2019 due to increase in number of the Food and Drug Administration approvals, launch of new products, and technological advancements. Additionally, increase in adoption of cold laser therapy devices is expected to drive the market in North America during the forecast period.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Cold Laser Therapy market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Cold Laser Therapy market growth.

The global Cold Laser Therapy market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

the global cold laser therapy market include THOR Photomedicine Ltd., Erchonia Corporation, Theralase Technologies, Inc., BioLight Technologies LLC, Apira Science, Meditech International, Inc., DJO Global, Inc., BTL, Good Energies, and Irradia. Geographic expansion, FDA approvals.

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

Cold Laser Therapy Market: Segmentation

Cold Laser Therapy Market, by Product

• Instruments
• Accessories

Cold Laser Therapy Market, by Application

• Orthopedics
• Dermatology
• Dentistry
• Neurology
• Laser Acupuncture
• Others

Cold Laser Therapy Market, by End User

• Hospitals
• Specialty Clinics
• Home Care

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America
  • United States
  • Canada
• Europe
  • Germany
  • United Kingdom
  • Italy
  • France
  • Rest of EU
• Asia Pacific
  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC
• Central & South America
  • Brazil
  • Argentina
  • Rest of Central & South America
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • Rest of MEA