The Global Cold Laser Therapy Market is Driven by Rising Preference for Non-Invasive Treatments
The cold laser therapy market involves the use of low-level laser or light therapy (LLLT) for therapeutic purposes. Cold laser therapy generates less heat when compared to traditional thermal lasers and is used for pain management, wound healing, reducing inflammation and cell regeneration. During the procedure, laser light is beamed at targeted areas which then stimulates cellular activity at a mitochondrial level to accelerate the healing process. The light energy helps restore cellular function by increasing ATP synthesis and improves oxygen and nutrient exchange. Conditions that are commonly treated include neuropathic pain, arthritis pain, muscle strains, sprains and tendinitis.
The Global cold laser therapy market is estimated to be valued at US$ 161.3 Mn in 2024 and is expected to exhibit a CAGR of 4.6% over the forecast period 2024 to 2031. Key players operating in the cold laser therapy are Zimmer MedizinSysteme GmbH, Erchonia Corporation, LiteCure, Multi Radiance Medical, BioLight Technologies, Shenzhen Sinoriko Technology Co., Limited, Lumina Group Inc., Theralase Inc., BTL, THOR Photomedicine Ltd, MICROLIGHT Corporation, Lexington International, LLC, BioLight Technologies LLC, DJO Global, Inc., BioFlex Laser Therapy, Aspen Laser Systems, K-Laser srl.
Growing demand: There is a growing demand for Global Cold Laser Therapy Market Share attributed to advantages such as being a non-invasive procedure, providing faster recovery, and no known side effects. It is widely adopted for pain relief related to conditions such as arthritis, tendinitis, carpal tunnel syndrome, and musculoskeletal disorders.
Global expansion: Major players in the market are focusing on global expansion plans and new product launches to consolidate their market presence. For instance, in 2020, Erchonia Corporation launched the FX660 Multi-Wavelength Therapy Laser targeting the dental and dermatology markets.
Key Takeaways
Key players: Key players in the cold laser therapy market include Zimmer MedizinSysteme GmbH, Erchonia Corporation, LiteCure, Multi Radiance Medical, BioLight Technologies, Shenzhen Sinoriko Technology Co., Limited, Lumina Group Inc., Theralase Inc., BTL, THOR Photomedicine Ltd, MICROLIGHT Corporation, Lexington International, LLC, BioLight Technologies LLC, DJO Global, Inc., BioFlex Laser Therapy, Aspen Laser Systems, K-Laser srl. Zimmer MedizinSysteme GmbH holds a significant share of the global market.
Market Drivers
Rising geriatric population prone to musculoskeletal disorders is a key factor driving the cold laser therapy market growth. According to the United Nations, the share of global population aged 60 years or over is estimated to nearly double from 12% to 22% between 2015 and 2050. Furthermore, advantages such as non-invasive treatment delivery, faster recovery, and lack of known side effects have increased the adoption of cold laser therapy over pharmaceutical pain medications. Additionally, rising awareness regarding effective pain management among patients has fueled the demand for cold laser therapy devices.
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