How large is the carbon dioxide laser market, and what is its growth trajectory?
The carbon dioxide laser market size has grown strongly in recent years. It will grow from $3.91 billion in 2024 to $4.18 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to introduction of co2 lasers in medicine, expansion in material processing, the rise of the electronics industry, growth in aesthetic surgery, and environmental regulations and safety standards.
The carbon dioxide laser market size is expected to see strong growth in the next few years. It will grow to $5.38 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to improved efficiency, investment in infrastructure, cost reduction, improved laser lifespan, and subsidies and incentives. Major trends in the forecast period include technological advancements, ongoing innovations, improved beam quality, higher power outputs, and better cooling systems.
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What are the key forces behind the carbon dioxide laser market’s growth in recent years?
The growing demand for cosmetic surgeries is expected to propel the growth of the carbon dioxide laser market going forward. Cosmetic surgery refers to surgical procedures that enhance or alter a person’s appearance for aesthetic reasons. It includes treatments such as facelifts, breast augmentation, and liposuction. The demand for cosmetic surgeries is rising due to several reasons, including social media, non-surgical facelifts, minimally invasive techniques, and self-esteem and psychological factors. Carbon dioxide lasers are increasingly used in cosmetic surgeries for their precision in skin resurfacing, reducing wrinkles, scars, and pigmentation, which boosts their demand. For instance, in March 2023, according to the British Association of Aesthetic Plastic Surgeons, a UK-based British surgical organization, in 2022, a total of 31,057 cosmetic procedures were performed, marking a 102% increase from the previous year. Women accounted for 93% of these procedures, reflecting a 101% rise from 2021, while men comprised 7% of the total, with an increase of 118% from the prior year. Therefore, the growing demand for cosmetic surgeries is driving the growth of the carbon dioxide laser market.
What are the major segments of the carbon dioxide laser market?
The carbon dioxide laser market covered in this report is segmented –
1) By Output Power: Up To 50W, 50W To 500W, 500W To 1000W, Above 1000W
2) By Application: Therapeutic And Diagnostics, Lidar Imaging, Cutting And Perforations, Welding, Drilling
3) By End Use: Military And Defense, Aerospace, Metal Processing, Healthcare, Manufacturing, Automotive, Telecommunication
Subsegments:
1) By Up To 50W: Low-Power CO2 Lasers, CO2 Lasers For Engraving And Marking
2) By 50W To 500W: Medium-Power CO2 Lasers, CO2 Lasers For Cutting And Welding, Industrial CO2 Laser Systems
3) By 500W To 1000W: High-Power CO2 Lasers, CO2 Lasers For Thick Material Cutting, Laser Systems For Heavy-Duty Applications
4) By Above 1000W: Very High-Power CO2 Lasers, Industrial CO2 Laser Systems For Aerospace And Automotive Applications, Specialized CO2 Lasers For Research And Development
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Which companies dominate the carbon dioxide laser market?
Major companies operating in the carbon dioxide laser market are FANUC Corporation, TRUMPF Inc., Coherent Inc., Han’s Laser Technology Industry Group Co. Ltd., Jenoptik AG, Novanta Inc., El.En. S.p.A., Lumenis Ltd., Alma Lasers, Epilog Laser Inc., Amtec Inc., Edinburgh Instruments Ltd., PRC Laser Corporation, Kern Laser Systems, Graphic Solid Inks Inc., Boss Laser LLC, Light Machinery Inc., LightScalpel LLC, Rabbit laser, United Skin Care, Mtech Laser India Private Limited
What major trends will shape the carbon dioxide laser market during the forecast period?
Major companies operating in the carbon dioxide laser market are focusing on developing innovative products, such as smart cameras that assist in positioning toolpaths and scanning the work area. Smart cameras refer to advanced imaging systems integrated with the laser apparatus to monitor, analyze, and control the laser’s operation. For instance, in April 2023, xTool, a China-based industrial machinery manufacturing company, launched the P2 Intelligent 55W CO2 Laser Cutter for makers and small businesses seeking a professional-grade laser cutter without the high costs associated with industrial models. The new 55W CO2 laser cutter is set to challenge high-end rivals with its ability to clean through thick materials quickly. It features smart cameras for precise work, automatic passthrough for long materials, and 360-degree engraving. The machine is fully enclosed with enhanced safety options, including optional fire safety and smoke purification.
What are the key regional dynamics of the carbon dioxide laser market, and which region leads in market share?
North America was the largest region in the carbon dioxide laser market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the carbon dioxide laser market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Carbon Dioxide Laser Market Report 2025 Offer?
The carbon dioxide laser market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A carbon dioxide (CO2) laser refers to a high-powered gas laser that uses carbon dioxide as the lasing medium to emit infrared light. It is widely used for cutting, engraving, and medical procedures due to its precision and ability to target water-containing tissues. CO2 lasers are valued for their efficiency in material processing and surgical applications.
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