Global Veterinary Lasers Market Is Predicted to Grow to Around USD 160.82 Billion By 2030

The global veterinary lasers market size was valued at USD 88.91 Billion in 2022 and is predicted to grow to around USD 160.82 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 7.72% between 2023 and 2030.

Veterinary lasers are becoming increasingly popular in the field of animal healthcare. They are a non-invasive and painless treatment option that can be used for a variety of conditions. Laser therapy can help reduce pain & inflammation, promote tissue healing & regeneration, and even stimulate the immune system. It is commonly used in the treatment of musculoskeletal injuries, skin conditions, and wound healing. Laser therapy works by delivering a specific wavelength of light to the affected area. This light energy is absorbed by the cells, triggering a series of biological processes that promote healing.

The procedure is quick and easy, and most animals tolerate it well. In fact, many animals even enjoy the gentle warmth and massage-like sensation of the laser. Veterinary lasers are a valuable tool for veterinarians looking to provide the best possible care for their animal patients. With their many benefits, they are sure to become an increasingly important part of the veterinary toolbox in the years to come.

The global veterinary lasers market is driven by the increasing demand for non-invasive and painless treatment options for animals, along with the rising prevalence of various veterinary diseases and conditions. Moreover, technological advancements in laser therapy and the growing awareness about its benefits among pet owners and veterinarians are also propelling market growth.

Opportunities in the veterinary lasers industry include the untapped potential in emerging markets, the increasing adoption of pet insurance, and the expanding product portfolio of veterinary lasers by key market players. However, the high cost of veterinary laser therapy and the lack of skilled professionals to perform the procedure remain significant challenges. Additionally, stringent regulatory requirements and the potential adverse effects of laser therapy may hinder market growth.

The global veterinary lasers market is segmented based on application, animal type, class type, product, and region.

Based on application, the global market is segmented into regenerative & tissue repair, pain & inflammation management, and others. The pain & inflammation management segment held the dominating veterinary lasers market share in 2022 and is further projected to grow rapidly during the forecast period.

The pain and inflammation management segment of the veterinary lasers market is expected to witness significant growth in the coming years. This can be attributed to the increasing prevalence of various musculoskeletal and joint disorders in animals, coupled with the growing demand for non-invasive and painless treatment options. Moreover, the development of advanced laser technologies, such as high-power and dual-wavelength lasers, is also driving the growth of this segment. These lasers offer faster and more efficient pain and inflammation management, leading to improved patient outcomes and shorter recovery times.

Additionally, the increasing adoption of pet insurance and the expanding product portfolio of key market players in the pain and inflammation management segment is expected to fuel market growth.

Based on animal type, the market is segmented into cats, dogs, and others. The dog segment held the largest market share in 2022 and is further projected to surge remarkably during the forecast period. The dog segment of the veterinary lasers market is expected to witness significant growth in the coming years, owing to the rising prevalence of various health issues and diseases in dogs, such as joint pain, arthritis, and skin conditions.

Additionally, the growing pet ownership and increasing awareness about pet health & wellness are also driving the growth of this segment. Moreover, the availability of a wide range of advanced laser therapies and the development of new laser technologies specifically designed for dogs are also fueling the growth of this segment. These lasers offer non-invasive, painless, and effective treatment options, resulting in improved patient outcomes and increased demand for such treatments.

Based on class type, the veterinary lasers industry market is divided into class 4, class 3, and class 2. The class 4 segment is predicted to cite the fastest CAGR during the forecast period. The class 4 segment of the veterinary lasers market is expected to witness significant growth in the coming years, owing to the increasing demand for more powerful and efficient laser therapies. Class 4 lasers offer higher power outputs and shorter treatment times, making them ideal for pain management, tissue repair, and other therapeutic applications. Moreover, the development of advanced class 4 lasers with improved safety features and user-friendly designs is also driving the growth of this segment. These lasers offer precise control and greater flexibility in treatment settings, resulting in improved patient outcomes and increased demand for such treatments.

Based on product, the market is segmented into surgical lasers and therapeutic lasers segment.

Based on region, the North American region held the largest veterinary lasers market share in 2022 and is further projected to grow exponentially during the forecast period. The veterinary lasers market in North America is expected to witness significant growth in the coming years, owing to increasing pet ownership, growing awareness about pet health & wellness, and the rising prevalence of various veterinary diseases & conditions. Additionally, the well-established animal healthcare infrastructure, the high adoption rate of advanced technologies, and favorable government initiatives are also driving market growth in the region.

Moreover, the presence of key market players in North America, coupled with the development of new laser therapies and technologies, is also fueling market growth. These players are focusing on expanding their product portfolio and strengthening their distribution networks to cater to the growing demand for veterinary laser therapies.

This review is based on a report by Zion Market Research, titled “Veterinary Lasers Market By Application (Regenerative & Tissue Repair, Pain & Inflammation Management, And Others), By Animal Type (Cats, Dogs, And Others), By Class Type (Class 4, Class 3, And Class 2), By Product (Surgical Lasers And Therapeutic Lasers), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030.”- Report at https://www.zionmarketresearch.com/report/veterinary-lasers-market

Recent Developments

• In March 2021, LiteCure announced the launch of the Companion CTX Laser Therapy System, a new class 4 laser therapy device designed for veterinary use. The system features an intuitive touchscreen interface and advanced control software for precision treatment. It also includes a range of treatment protocols for various conditions, such as musculoskeletal pain, inflammation, and wound healing.
• In October 2020, K-Laser announced the launch of the K-Laser Blue, a new high-power laser therapy device for veterinary use. The system uses dual-wavelength technology to deliver effective pain management and tissue repair. It also features advanced safety mechanisms and an ergonomic design for ease of use.
• In August 2020, Cutting Edge Laser Technologies announced the launch of the DVM Elite, a new class 4 laser therapy device designed for veterinary use. The system features a range of customizable treatment options, including pulse and continuous wave modes, and advanced safety features to protect both the animal and the operator. It also includes a large touchscreen display for easy operation.

The global veterinary lasers market is dominated by players such as:

• Aesculight LLC
• Laserex Technologies Pty Ltd.
• Biolase Inc.
• Summus Medical Laser
• Cutting Edge Laser Technologies
• LightScalpel LLC
• VetLaser
• Erchonia Corporation
• MedArt A/S
• K-Laser USA
• Sciton Inc.
• MARS Bio-Med Processes Inc.
• LiteCure LLC
• Wuhan HNC Technology Co. Ltd.
• Multi Radiance Medical
• Spectrum Veterinary Instruments
• VBS Direct Ltd.
• Respond Systems Inc.
• Thor Photomedicine Ltd.
• Teleflex Medical OEM.

The global veterinary lasers market is segmented as follows:

By Application

• Regenerative & Tissue Repair
• Pain & Inflammation Management
• Others

By Animal Type

• Cats
• Dogs
• Others

By Class Type

• Class 4
• Class 3
• Class 2

By Product

• Surgical Lasers
• Therapeutic Lasers

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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