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COLD LASER THERAPY MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Cold Laser Therapy Market, By Device Type (Handheld Devices and Trolley Mounted Devices), By Laser Type (Continuous Laser, Pulse Laser, Combination), By Application (Pain Management, Wound Healing, Skin Rejuvenation, Inflammation, Others) By End User (Hospitals, Specialty Clinics, Homecare Settings, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Published In : Apr 2024
  • Code : CMI6870
  • Pages :173
  • Formats :
      Excel and PDF
  • Industry : Biotechnology

Cold Laser Therapy Market Size and Trends

Global cold laser therapy market is estimated to be valued at USD 118.1 Mn in 2024 and is expected to reach USD 161.3 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.

Cold Laser Therapy Market Key Factors

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Global cold laser therapy market growth is driven by rising incidences of musculoskeletal disorders and injuries. The demand for non-invasive treatment options for pain management is increasing. Cold laser therapy provides relief from joint pain, muscle strains and other conditions without any side effects. It helps to treat acute as well as chronic pain, and is being increasingly used in physiotherapy centres and clinics. Growing awareness about the benefits of cold laser therapy and rising geriatric population prone to orthopaedic complications boosts demand for cold laser devices in the near future.

Rising patient preference for non-invasive treatment procedures

Cold laser therapy has gained immense popularity as a preferred mode of treatment for various medical conditions due to its non-invasive nature. The therapy involves the application of low-level laser energy to the injury site, which accelerates the natural healing process of the body through photochemical reactions. It does not require any incision or surgery and allows for pain-free treatment sessions. Patients are increasingly opting for non-surgical alternatives due to the associated advantages like lower risks of complications, minimal post-treatment care requirements, faster recovery times and avoidance of hospital stays. Cold laser therapy addresses this rising demand by providing pain relief and therapeutic effects for injuries or afflictions like arthritis, muscle strains, tendonitis, and others without requiring intake of oral medications or complex procedures. This has made it a suitable replacement for several invasive therapies.

Growing applications across therapeutic areas

Traditionally used for treating pain and inflammation, ongoing research has enabled its utility in a diverse range of medical disciplines. New therapeutic uses that are contributing to increasing relevance of cold laser therapy include wound healing, dental problems, lung disorders, erectile dysfunction and sports injuries. Multiple clinical trials have demonstrated its efficacy for improving symptoms, speeding recovery and replacing other expensive treatments in these areas. Its adoption is further propelled by the development of compact and multi-application devices that allow convenient home-based therapy.

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