Cold Laser Therapy Market Size, Share, Sales, Analysis, Forecast By Product Type (Devices and Accessories), By Application (Orthopedic, Dentistry, Dermatology, Neurology, Others), By Buyer (Hospitals, Solo Clinic, Homecare Others), Industry Competition & Player Profiles, 2023-2032
The Cold Laser Therapy Market was worth US$ 350 Million in 2019 and is expected to grow at a CAGR of 6.6% through 2030.
The traditional methods of pain management are getting an efficient replacement options such as cold laser therapy, also known as low level laser therapy. The practitioners, therapists and chiropractors have found a cost efficient solution for treating chronic and acute pain cases. The omnipresence of sedentary lifestyle has escalated the incidences of musculoskeletal pain. Almost one third of the United States population suffers from musculoskeletal pain especially in the lower back, neck and shoulder areas. The cold lase therapy proves to be an effective solution for such patients.
A wide range of applications right from sports injury to arthritis gets treated with the help of cold laser therapy. It is one of the preferred modalities across buyers. Hospitals, solo clinic and home care are the three braid categories of buyers of various modalities such as cold laser therapy. The highest volume sales of cold laser therapy devices is generated by solo clinic buyers. Solo clinic operators deal with space constraint and the portability of these devices helps the practitioners to make an easy decision. The misconception associated with laser therapy across patients is addressed by the device manufacturers of cold laser therapy devices as well as physical and occupational therapists. Population suffering from skin disorders is more aware than before and prepared to receive the best available treatment. Cold laser therapy is a result driven solution and hence, the choice of dermatologists.
Asia Pacific contributed a dominating share to the global Cold Laser Therapy Market in terms of value and volume in 2019 and is expected to be a dominating geography throughout the forecast period. Increased number of musculoskeletal pain cases and spread of awareness related to them is expected to drive the growth of cold laser therapy across the region. Australia dominated the regional demand and is anticipated to grow at a healthy rate during the forecast period. North America and Europe regions are equally geared to accept cold laser therapy.
Cold Laser Therapy Market Value Share Analysis, by Geography (2021)
The report titled “Cold Laser Therapy Market- Global Market Share, Trends, Analysis and Forecasts, 2022-2032”, wherein 2020 is historic period, 2021 is the base year, and 2022 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global Cold Laser Therapy Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global Cold Laser Therapy Market is segmented on the basis of Product type, application, buyer and geography. Based on product type, the global Cold Laser Therapy Market is segmented into devices and accessories. Based on application the global Cold Laser Therapy Market is segmented into orthopedics, dentistry, dermatology, neurology and others. Based on buyer the global Cold Laser Therapy Market is segmented into hospitals, solo clinic and home care. Based on geography, the global Cold Laser Therapy Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Belgium, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, , Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, the UAE, and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on cold laser therapy. Further, market share of prominent companies in the global Cold Laser Therapy Market would also be estimated.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the cold laser therapy device companies. The global Cold Laser Therapy Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the cold laser therapy business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global Cold Laser Therapy Market.
Major players active in the global Cold Laser Therapy Market include BTL, Apira Science , BioLight Technologies LLC, Erchonia Corporation, Good Energies, Irradia, Meditech International, Inc., Theralase Technologies, Inc., THOR Photomedicine Ltd.
Cold Laser Therapy Market Segmentation:
By Product type
- Devices
- Accessories
By Application
- Orthopedic
- Dentistry
- Dermatology
- Neurology
- Others
By Buyer
- Hospital
- Solo Clinic
- Home care
- Others
By Geography
- North America
- United States
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- Belgium
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Brazil
- Rest of South America
- Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
- Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
- Market Synopsis: Global Cold Laser Therapy Market
- Global Cold Laser Therapy Market Qualitative Analysis
- Ecosystem Analysis
- Role of participants
- Integration scenario
- Trends
- Market trends
- Technology Trends
- PESTLE Analysis (For 5 prominent countries)
- Market Influencers
- Driving Forces
- Hindering Forces
- Opportunities
- COVID-19 impact
- Price Trend of Devices (2019 – 2022)
- Ecosystem Analysis
- Global Cold Laser Therapy Market Analysis and Forecast, by Product Type
- Overview and definitions
- Key segment analysis
- Global Cold Laser Therapy Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Devices
- Accessories
- Global Cold Laser Therapy Market Analysis and Forecast, by Application
- Overview and definitions
- Key segment analysis
- Global Cold Laser Therapy Market Estimates (US$ Mn), by Application, 2019 – 2032
- Orthopaedic
- Dentistry
- Dermatology
- Neurology
- Others
- Global Cold Laser Therapy Market Analysis and Forecast, by Buyer
- Overview and definitions
- Key segment analysis
- Global Cold Laser Therapy Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Hospital
- Solo Clinic
- Home Care
- Others
- Global Cold Laser Therapy Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Cold Laser Therapy Market Estimates (US$ Mn), by Region, 2019 – 2032
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- North America Cold Laser Therapy Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America Cold Laser Therapy Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Devices
- Accessories
- North America Cold Laser Therapy Market Estimates (US$ Mn), by Application, 2019 – 2032
- Orthopaedic
- Dentistry
- Dermatology
- Neurology
- Others
- North America Cold Laser Therapy Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Hospital
- Solo Clinic
- Home Care
- Others
- North America Cold Laser Therapy Market Estimates (US$ Mn), Country, 2019 – 2032
- The U.S.
- Canada
- Rest of North America
- Europe Cold Laser Therapy Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe Cold Laser Therapy Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Devices
- Accessories
- Europe Cold Laser Therapy Market Estimates (US$ Mn), by Application, 2019 – 2032
- Orthopaedic
- Dentistry
- Dermatology
- Neurology
- Others
- Europe Cold Laser Therapy Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Hospital
- Solo Clinic
- Home Care
- Others
- Europe Cold Laser Therapy Market Estimates (US$ Mn), Country, 2019 – 2032
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific Cold Laser Therapy Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific Cold Laser Therapy Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Devices
- Accessories
- Asia Pacific Cold Laser Therapy Market Estimates (US$ Mn), by Application, 2019 – 2032
- Orthopaedic
- Dentistry
- Dermatology
- Neurology
- Others
- Asia Pacific Cold Laser Therapy Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Hospital
- Solo Clinic
- Home Care
- Others
- Asia Pacific Cold Laser Therapy Market Estimates (US$ Mn), Country, 2019 – 2032
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa Cold Laser Therapy Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa Cold Laser Therapy Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Devices
- Accessories
- Middle East & Africa Cold Laser Therapy Market Estimates (US$ Mn), by Application, 2019 – 2032
- Orthopaedic
- Dentistry
- Dermatology
- Neurology
- Others
- Middle East & Africa Cold Laser Therapy Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Hospital
- Solo Clinic
- Home Care
- Others
- Middle East & Africa Cold Laser Therapy Market Estimates (US$ Mn), Country, 2019 – 2032
- Saudi Arabia
- South Africa
- UAE
- Rest of Middle East
- South America Cold Laser Therapy Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America Cold Laser Therapy Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Devices
- Accessories
- South America Cold Laser Therapy Market Estimates (US$ Mn), by Application, 2019 – 2032
- Orthopaedic
- Dentistry
- Dermatology
- Neurology
- Others
- South America Cold Laser Therapy Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Hospital
- Solo Clinic
- Home Care
- Others
- South America Cold Laser Therapy Market Estimates (US$ Mn), Country, 2019 – 2032
- Brazil
- Rest of South America
- Competition Analysis – Cold Laser Therapy Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Comparative Analysis, by leading market players
- Company Profiles
- Apira Science
- Business overview
- Geographic presence
- Product portfolio
- Relevant news and strategic view
- BTL
- BioLight Technologies LLC
- Erchonia Corporation
- DJO Global, Inc.
- Good Energies
- Irradia AB
- Meditech International, Inc.
- Theralase Technologies, Inc.
- THOR Photomedicine Ltd.
- Spectra Therapy
- Apira Science
- Conclusion & Recommendations
Frequently asked questions about this report
What are the factors driving the cold laser therapy market?
Increased number of musculoskeletal pain cases and spread of awareness related to them is expected to drive the growth of cold laser therapy
What is the Compound Annual Growth Rate (CAGR) of the cold laser therapy market through 2032?
The global cold laser therapy market is estimated to exhibit a CAGR of 6.6% through 2032.
How is the regional performance of the market?
Asia Pacific contributed a dominating share to the global Cold Laser Therapy Market in terms of value & volume and is expected to be a dominating geography throughout the forecast period.
What was the market for cold laser therapy valued at in 2021?
The cold laser therapy Market was worth US$ 350 Million in 2019.
Which buyer dominates the cold laser therapy market?
Hospitals, solo clinic and home care are the three braid categories of buyers of various modalities such as cold laser therapy. The highest volume sales of cold laser therapy devices is generated by solo clinic buyers. Solo clinic operators deal with space constraint and the portability of these devices helps the practitioners to make an easy decision.