USD 90.77 billion
Veterinary Lasers Market Size, Share, Growth Analysis, By Product(Therapeutic and Surgical), By Animal Type(Dogs, Cats, Others), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG35I2144 |
Region:
Global |
Published Date: April, 2024
Pages:
219
|Tables:
61
|Figures:
77
Veterinary Lasers Market Insights
Veterinary Lasers Market size was valued at USD 97.85 Billion in 2023 and is poised to grow from USD 105.48 Billion in 2024 to USD 192.37 Billion by 2032, growing at a CAGR of 7.80% during the forecast period (2025-2032).
The rise in acute and chronic conditions affecting animals is a key element fueling the market for veterinary lasers. Veterinary lasers have been widely used in veterinary medicine and surgical procedures because they have been shown to be extremely successful for drug-free, pain-free treatment and for accelerating healing. Many chronic illnesses, such as gingivitis, stomatitis, neurological, musculoskeletal, and dermatological disorders, are treated with veterinary lasers. According to this veterinary laser market report, the demand for and increasing usage of veterinary lasers are both anticipated to increase during the forecast period. Technology advances, strategic moves by leading firms, increased laser system adoption by veterinary care providers, and rising demand for therapeutic lasers are some of the main factors fueling the market's expansion. In 2021, there were around 118,624 veterinarians working in the United States, according to the American Veterinary Medical Association. The market is expanding due in part to a rise in the number of veterinary hospitals and clinics. The manufacture and distribution of lasers intended exclusively for veterinary purposes is the focus of the smaller veterinary lasers market, which is a subsegment of the larger medical lasers market. These tools use precise light wavelengths to cure a variety of medical issues in animals.
US Veterinary Lasers Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Surgical
Fastest Growth
Surgical
Growth Rate
7.80% CAGR
Global Veterinary Lasers Market ($ Bn)
Country Share for Europe Region (%)
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Veterinary Lasers Market Segmental Analysis
Global Veterinary Lasers Market is segmented on the basis of product, animal type, application and region. By product, the market is segmented into therapeutic and surgical. By animal type, the market is segmented into dogs, cats, and others. By application, the market is segmented into pain & inflammation management, regeneration/ tissue repair, and others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Veterinary Lasers Market Analysis by Product
With a revenue share of over 50.0% in 2021, therapeutic lasers had the biggest market share. This is due to therapeutic lasers' advantages and the increasing number of veterinary practices using them. In a manner similar to other complementary therapies, laser therapy is applied in addition to other forms of care for animals to lessen pain, accelerate wound healing, and reduce inflammation.
In recent years, there has been an increase in interest in using laser treatment in conjunction with drug therapy. Among other things, musculoskeletal discomfort, post-surgical pain, inflammation, and accelerating wound healing are all conditions that veterinary lasers are highly effective at treating. Photobiomodulation therapy has grown in popularity as a result of the extensive adoption of these non-invasive procedures in veterinary medicine for the treatment of companion animals.
Veterinary Lasers Market Analysis by Application
The biggest revenue share in 2021—more than 50.0%—belonged to pain and inflammation management. As there are numerous ways that pain might appear, companion animals are highly susceptible to it. Inflammation and pain brought on by injuries and long-term illnesses like arthritis may need to be controlled with a combination of additional treatments, many therapy sessions, and other therapies. According to a 2019 Sound imaging survey, which included responders from veterinary clinics, 87% of those treated with laser therapy for pain and inflammation reported excellent clinical efficacy afterward.
The fastest CAGR is anticipated to be seen during the forecast period in regeneration/tissue repair. Growing interest in laser treatment for nerve regeneration in human medicine is anticipated to have an effect on the veterinary industry as well. For instance, the Regenerative Laser Treatment (RLT) laser is applied to heal and rebuild ligament and tendon injuries as well as to encourage collagen synthesis and cell proliferation in horses.
Global Veterinary Lasers Market By Product
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Veterinary Lasers Market Regional Insights
A favorable veterinary healthcare infrastructure, rising pet expenses, and the presence of important competitors contributed to North America having the greatest revenue share of over 30.0% in 2021. For instance, the U.S.-based IRIDEX Corporation sells veterinary lasers for the treatment of eye conditions in animals, such as glaucoma, cataracts, and retinal disorders. With improved accuracy and reduced postoperative pain during transscleral glaucoma and retinal surgeries, the company's Cyclo G6 Glaucoma Laser and DioVet System offer advantages over cryotherapy.
Over the projected period, the CAGR for Asia Pacific is anticipated to be 9.20%, which is the fastest. The development of veterinary laser businesses in emerging nations and the presence of regional businesses are credited for this. For instance, the Chinese company Wuhan Dimed Laser Technology Co., Ltd. provides the Berylas, Harlas, and Cheryl's product lines under the Veterinary Lasers brand. They are used to treat ailments like arthritis, back discomfort, injuries, surgical wounds, and nose issues.
Global Veterinary Lasers Market By Region
- Largest
- Fastest
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Veterinary Lasers Market Dynamics
Veterinary Lasers Market Drivers
Availability of Numerous Safe Treatment to Bolster Market Growth
- The availability of numerous safe treatment alternatives that require less time, money, and effort to complete and provide positive outcomes is the primary factor raising the demand for veterinary lasers. The accessibility of surgical choices and the shortening of post-operative recovery times are some additional aspects that contribute to the market expansion for veterinary lasers. Also, the expansion of the industry as a whole will be aided by an increase in the number of healthcare facilities.
- Laser therapy is being used to treat a wide range of conditions in animals, from arthritis to cancer. As the range of applications for laser therapy continues to expand, so too does the demand for veterinary lasers.
Veterinary Lasers Market Restraints
High Corresponding Costs are limiting Market Expansion
- For a substantial portion of pet owners or animal welfare organisations, veterinary lasers are out of reach due to the exorbitant price of the devices themselves as well as the associated treatment programmes. As a result, the expansion of the veterinary laser market worldwide is anticipated to be constrained. Veterinary laser applications are not standardised, which results in inconsistent treatment and subsequent results for the fraternity. Under these conditions, the efficacy of laser therapy is still in doubt.
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Veterinary Lasers Market Competitive Landscape
Several small, medium, and large businesses are present, which contributes to the market's fragmentation and competitiveness. In order to capture a larger portion of the market, the market players are deploying strategic initiatives such as product improvements, regional growth, distribution alliances, collaborations, and mergers & acquisitions.
Top Player’s Company Profiles in Veterinary Lasers Market
- Aesculight LLC (USA)
- AngioDynamics Inc. (USA)
- BISON MEDICAL Co. Ltd. (South Korea)
- Cutting Edge Laser Technologies (USA)
- DEKA M.E.L.A. srl (Italy)
- Elenza Inc. (USA)
- Excel Technologies Ltd. (Israel)
- Fotona d.o.o. (Slovenia)
- HOYA ConBio (USA)
- LiteCure LLC (USA)
- LuxarCare LLC (USA)
- Mectron S.p.A. (Italy)
- Medelux (USA)
- MLT (USA)
- Pulse Veterinary Technologies LLC (USA)
- Sciton Inc. (USA)
- Sound Technologies (USA)
- Syneron Medical Ltd. (Israel)
- VBS Direct Ltd. (UK)
Veterinary Lasers Market Recent Developments
- In March 2023, A new CO2 laser named ULTRApulse Alpha was introduced to the UK market by Lumenis, the largest provider of medical devices in the sector.
- In January 2023, Multi Radiance Veterinary (MRV) announced its alliance with Digatherm Thermal Imaging after the latter was successful in obtaining distributorship rights for Digatherm's cutting-edge thermography technologies, particularly the infrared cameras.
Veterinary Lasers Key Market Trends
- The global veterinary lasers market is expected to experience significant growth in the coming years. the rising demand for minimally invasive surgeries, which can reduce pain, scarring, and recovery time. Laser technology offers a range of benefits for these types of procedures, including precision and accuracy, reduced bleeding, and decreased risk of infection.
Veterinary Lasers Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analyses, according to the aforementioned country, type, product, application, and end users, the veterinary lasers market is evaluated, and market size insights and trends are shown. The market for veterinary lasers is dominated by North America due to the region's strong need for better healthcare facilities and the region's top businesses' significant revenue contributions. Due to new product discoveries, an increase in local manufacturers, and a surge in the use of non-invasive treatment options in the region, Asia-Pacific is predicted to experience considerable growth between 2022 and 2029. The report's nation section lists specific market-influencing aspects as well as domestic market regulation changes that have an impact on both the market's present and future developments. Technical trends, Porter's Five Forces research, case studies, and evaluations of the upstream and downstream value chains are only a few of the data elements used to predict the market environment for certain countries. It also considers the presence and accessibility of foreign brands, the challenges they face from strong or weak competition from local and foreign brands, the impact of domestic tariffs, and trade routes when providing a forecast analysis of the country data.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 97.85 Billion |
| Market size value in 2032 | USD 192.37 Billion |
| Growth Rate | 7.80% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Veterinary Lasers Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Veterinary Lasers Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Veterinary Lasers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Veterinary Lasers Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Veterinary Lasers Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Veterinary Lasers Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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