Market Outlook
India Medical Lasers Market is set to grow with a value CAGR of 12.90% from USD 31.20 million in 2024 to USD 64.75 million in 2030. This increasing demand for minimally invasive-care methods, the growing incidences of long-term illnesses, the increasing focus on high laser-based treatment and several other therapies in areas, such as dermatology, ophthalmology, and oncology are causing the market to boom. The market is also seeing growth due to government initiatives such as Ayushman Bharat and the Make in India programme which are both upgrading healthcare infrastructure and pushing for the manufacturing of medical devices within the country.
Interestingly, aesthetic lasers represent the fastest-growing segment of the market on the back of rising non-invasive cosmetic procedures and the rising penetration of dermatology and aesthetic clinics in the urban and tier-2 towns. South India is at forefront of the regional expansion, driven by a robust healthcare infrastructure and medial tourism, technological advancements- AI integration and introduction of portable lasers, are improving the precision and accessibility of treatment options. Barriers still remain such as the high cost of equipment, a lack of reimbursement, and the fact of such skilled personnel not being available in smaller health care settings which may slow adoption rates in less urban areas.
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Market Driver Analysis and Data Insights
Rising prevalence of chronic diseases, especially in geriatric segment, is a major factor for the growth of India Medical Lasers Market. According to recent studies, 21% of India’s elderly are affected by at least one chronic disease, and the percentage low (17%) in rural than urban (29%) areas. The combined prevalence of hypertension and diabetes is 68% of total chronic illnesses in this age group and 37% of them aged over 75 years are suffering from heart diseases. Multimorbidity is also on the rise, with 23% of the elderly affected by two or more chronic conditions, and with its prevalence increasing with age -from 10% in the 45-49 year age group to 26% in the 70-74 year age group. Kerala (54% prevalence), Andhra Pradesh (43%) and West Bengal (36%) stand out in these rates and the urgent requirement of state of the art medical technologies, such as laser methodologies, to address chronic ailments.
5 Another major driver is the epidemiological transition in India, where non-communicable diseases (NCDs) contribute to 53% of all deaths and 44% of disability-adjusted life-years lost. The percentage of deaths by NCDs has increased from 37.9% on 1990 to 61.8% to 2016, and cardiovascular diseases are responsible for one quarter of all deaths. Risk factors including unhealthy diets, high blood pressure, high cholesterol and obesity all have worsened in every state, and now account for a quarter of the total disease burden. Such changing health trends are encouraging the medical professionals to utilize novel laser systems for early screening, diagnosis, and less invasive treatments, thereby catalyzing the market expansion across the country.
Market Trends Analysis:
India Medical Lasers Market, India Medical Lasers Market - With the revolutionary changes in technology, the global medical sector has raised the demand for the variety of disease diagnosis and treatment applications.
The India Medical Lasers Market is receiving a push for demand for non-invasive and minimally invasive procedures – dermatological and ophthalmological in particular. Laser treatments in dermatology are being adopted by more and more Indians in a quest for better and advanced solutions for skin rejuvenation, hair removal, anti ageing amid mounting awareness and social media influence. For instance, the ClearSkin PRO, a non-ablative 1,540 nm Er:Glass laser, has become available, which allowed more specific skin-layer targeting and better treatment results.
In ophthalmology, the introduction of high-performance excimer lasers, like the Technolas Teneo 317 Model 2, have contributed to the increase of the spectrum of curing treatments, such as astigmatism, hyperopia, myopia, and presbyopia, and the development of ophthalmic surgeries. Emerging climate change concerns have added to this trend, and with the growing elderly population, the prevalence of age-related eye diseases is only increasing, particularly in developing countries”.1 Table 1 Hospitals, due to their infrastructural advancement and multi-speciality expertise, still continue to be the main referral base for laser-based treatment.
The market is being influenced also by technological advances, with advances in portable and handheld laser devices enhancing access to care in rural and remote regions. Medical lasers are soon to also be deployed with artificial intelligence, providing immediate feedback and individualized treatment plans that improve accuracy and safety.
The growth in medical tourism has also led to heightened demand for state-of-the-art laser therapy, particularly in medical hotspots such as Mumbai, Pune & Ahmedabad that record large volumes of overseas patients looking for quality at an affordable price. Challenges including high cost of equipment and low reimbursement are expected to continue to plague sales of medical lasers in India, but constant innovation, national healthcare projects intended to improve the country's infrastructure and a more globalised – less imported – view of the domestic industry should ensure that these technologies have a bright future in the country.
Key challenges
One of the major challenges in the India Medical Lasers Market is the high price of equipment, which is preventing its penetration, particularly in Tier 2, and tier 3 cities. These varied medical laser systems have prices ranging between approximately INR 10 lakh and greater than INR 1 crore depending on the kind of laser and its application, and the most costly systems are the extensive and the ultrashort pulses lasers, i.e., CO₂ and femtosecond lasers, respectively.
It is hard for smaller hospitals and clinics to make these types of investments, due to the capital intensive nature of these things. Further financial costs are due to maintenance costs (routine maintenance, calibration and component replacement (e.g. laser diodes and fibre optics)). Further, many service providers find it difficult to rationalize the ROI – especially in areas where patient ability to pay is lower, slowing financial success in rural areas.
The second issue is the absence of full reimbursement for laser applications in India. Nearly all cosmetic, dental and dermatological laser treatments are elective services which the patients pay for out of pocket as they largely are not reimbursable by insurance. This is a huge dampener of the potential customer, because out-of-pocket costs continue to be a hurdle for many. Developed markets such as that of US and Europe have more pervasive insurance for such procedures, increasing its adoption. These challenges have been further exacerbated by the COVID-19 pandemic, that introduced financial strains on health systems, disrupted supply chains and reduced temporarily demand for nonessential laser treatments. This has led to delayed investments in new laser technology at the clinics too, underscoring the urgent need for policy and financial reforms to enable wider access to advanced medical laser solutions in India.
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Segmentations
India Medical Lasers Market, By Type:
o Surgical Lasers
o Dental Lasers
o Aesthetic Lasers
o Others
India Medical Lasers Market, By End User:
o Hospitals
o Specialty Clinics
Regional Analysis: India Medical Lasers Market
North India
Market Dominance – North India, and specifically Delhi, has the maximum share in the medical lasers market on account of high-end healthcare facilities and the presence of a large number of medical practitioners. There is strong government support for healthcare services in the region, and high consumer awareness of the benefits of laser treatment.
Trends in Adoption Laser technologies are being used in major hospitals and most private clinics in Delhi and its vicinity and are serving a variety of applications such as cosmetic surgery, ophthalmology and dermatology. About 60 per cent of the laser procedures are carried out in North India, Delhi alone contributes to a major share as it is the medical hub of the country.
Key Drivers: Factors such as patient awareness, skilled professionals, government support for development of healthcare infrastructure. For example, it’s a high LASIK volume area with approximately 1-lakh procedures being done only in Delhi-NCR every year.
Challenges : The high cost of laser instruments and procedures may limit the access in semi-urban areas of North India which have less knowledge and infrastructure as compared to urban areas.
South India
Market Importance: South India especially cities such as Bangalore, Chennai, and Hyderabad, are vital players in medical lasers market. The area is well known for its cutting edge dermatological procedures and use of state of the art laser systems.
Adoption Trends: South India contributed a huge revenue share to the solid and diode medical lasers market in 2019, attributed to the growing number of hospitals (estimated at 20,000 in 2017, from 15,000 in 2015). Diode and solid-state laser are the favorite lasers used by dermatologist of the region with approximately 70% of a laser-based cosmetic procedure are performed in southern part of the India.
Driving Actors: Growing aging population and demand for cosmetic procedure that is acceptably less invasive, improving the medical healthcare structure in the area. For instance, Bangalore has several aesthetic clinics, and a majority of the cosmetic laser and skin treatments are done in the leading category of clinics that conduct more than 500 cosmetic laser procedures in a month.
Challenges: It is expensive and there is a shortage of qualified resurfacers, reducing the scope longer term beyond the urban localities.
West India
Market Dynamics: Growth in the adoption of medical lasers is largely driven by Mumbai and other cities in the state of Maharashtra, especially for cosmetic, and surgical applications. The area attracts a notably large amount of medical tourism, particularly for cosmetic surgeries.
Mumbai Adoption: Non-surgical cosmetic lasers including non-invasive fat reduction also form a large part of the cosmetic laser procedures in India, estimated at 200K annually; ISAPS data 2018. The area is also experiencing increasing use of lasers in the field of urology and gynecology.
Drivers: Increase in disposable income levels, burgeoning middle class and availability of sophisticated healthcare facilities drive the market. Medical tourismBeing the hub of medical tourism, international patients visit Mumbai for cost-effective laser treatments and around 15% of them undergo laser procedures.
Challenges: Differences in infrastructure in urban vs rural locations and costs associated with advanced laser systems indicate limited spread.
East India
Market Status: East India (including Kolkata) is still developing as a medical laser market compared to North and South India. The market is slowly growing with growing health spending in the region.
Adoption Trends: The adoption of laser technology is lower, as there are 10-15% estimated to be of the country’s total laser procedures conducted in the region. But, as of 2023, the number of clinics in Kolkata having laser has risen by around 20% (compared to 2020).
Drivers: Government efforts in providing better access to health care and increasing awareness about minimally invasive surgeries are propelling demand. Laser in ophthalmology is increasingly in use in the region, with approximately 10000 LASIK surgeries per year in the major east coast cities.
Challenges: Lack of adequate healthcare infrastructure and relatively lower disposable incomes compared to some other regions hamper the market growth. A dearth of trained professionals is also a bottleneck; only about 5% of India’s laser-trained specialists workannabe tohar in east India.
Key Regional Insights
Urban vs. Rural Divide: Major urban centers (Delhi, Mumbai, Bangalore, Hyderabad) account for over 80% of laser-based procedures in India due to better infrastructure and higher patient awareness. Rural and semi-urban areas face barriers like high costs and limited access to trained professionals, with only 5-10% of procedures occurring outside urban hubs.
Application Trends: Dermatology and ophthalmology dominate laser applications across all regions, with dermatology accounting for approximately 40% of procedures in North and South India, while ophthalmology (e.g., LASIK) constitutes 30% of procedures nationwide. Western India leads in cosmetic laser treatments, driven by medical tourism.
Investment and Infrastructure: Government healthcare expenditure increased from 1.3% of GDP in 2017 to a targeted 2.5% by 2025, supporting the adoption of laser technologies, particularly in North and South India. Private investments in urban hospitals have led to an estimated 25% increase in laser-equipped facilities from 2018 to 2023.
Medical Tourism Impact: India’s status as a medical tourism destination, particularly in West and South India, drives demand for cost-effective laser treatments. Approximately 10-15% of laser procedures in Mumbai and Bangalore are performed on international patients, boosting regional market growth.
Mergers and Acquisitions (M&A)
Key Global M&A Activities:
In 2024, Cynosure and Hahn & Company (which acquired Lutronic) merged to form one of the leading medical aesthetics companies, with a presence in approximately 130 countries. This merger enhances the availability of advanced laser technologies, such as Pico and Fractional lasers, in markets like India, where demand for aesthetic procedures is growing, particularly in urban centers like Mumbai and Delhi.
The acquisition of laser-related assets by companies like Boston Scientific, which has a strong presence in India, strengthens the supply chain for medical laser systems used in urology and surgical applications. For instance, Boston Scientific’s 2023 launch of single-use holmium laser fibers (AccuMax, AccuTrac, Flexiva TracTip) enhances the availability of advanced laser solutions in India’s hospitals.
Global M&A activity in healthcare, including medical lasers, saw a significant uptick in 2024, with deal value rising 8% to $3.4 trillion globally, driven by larger deals (e.g., $2 billion+ transactions). This trend supports the entry of advanced laser technologies into India through multinational companies.
Impact on India:
M&A activities enable global players like Bausch + Lomb, Candela, and Boston Scientific to expand their footprint in India, increasing the availability of advanced laser systems in North and South India. For example, Delhi and Bangalore benefit from these companies’ distribution networks, with an estimated 20% increase in laser-equipped clinics in these regions from 2020 to 2023.
These mergers facilitate technology transfer, introducing innovations like nanosecond lasers for tattoo removal and fractional lasers for acne scar treatment, which are gaining traction in India’s dermatology sector, particularly in urban areas where 40% of laser procedures are dermatology-related.
Partnerships
Key Global Partnerships:
In 2024, Summus Medical Laser partnered with Regenmed to establish a real-world evidence (RWE) program, focusing on best practices for patient care and recovery using laser therapies. This initiative could influence Indian healthcare providers to adopt evidence-based laser treatments, particularly in South India, where hospitals are rapidly adopting advanced technologies.
In 2023, International Medical Laser Company partnered with DEKA Trio to develop a scanner for scar revision, enhancing the precision of laser-based dermatological treatments. This technology is relevant for India’s growing aesthetic market, with approximately 200,000 non-surgical cosmetic procedures performed annually in Mumbai alone.
Alma Lasers (a Sisram Medical Company) opened its 5th Alma Academy in 2023 and announced global expansion, focusing on consumer-centric laser solutions. This expansion supports training programs for Indian professionals, addressing the shortage of skilled laser specialists, particularly in East India, where only 5% of India’s laser-trained professionals are based.
Impact on India:
Partnerships enhance training and technology adoption in India, particularly in urban hubs. For instance, South India’s Bangalore and Chennai have seen a 15% increase in laser-trained professionals from 2021 to 2024 due to global partnerships providing training and equipment.
Collaborations like those between global laser manufacturers and Indian hospitals improve access to low-light laser therapy (LLLT), which is gaining popularity for pain management and wound healing, with an estimated 10,000 LLLT procedures performed annually in major Indian cities.
Sustainability Initiatives
Global Sustainability Trends:
The medical laser industry is aligning with environmental, social, and governance (ESG) principles. Companies like Laser Photonics Corp emphasize eco-friendly laser solutions, such as clean laser systems that minimize waste and eliminate hazardous consumables, reducing environmental impact.
Global players are investing in sustainable manufacturing practices. For example, the 2023 report on medical lasers highlights ESG ratings and metrics as critical for laser device manufacturers, with companies like Nidek and Lumibird Medical adopting greener production processes.
The focus on sustainability is driven by global demand for minimally invasive procedures, with low-light laser therapy (LLLT) being promoted as a low-energy, environmentally friendly option for medical applications.
Impact on India:
Sustainability initiatives are gradually influencing India’s medical laser market, particularly in urban centers with advanced healthcare facilities. For example, hospitals in Delhi and Hyderabad are adopting energy-efficient laser systems, reducing operational costs by approximately 10-15% in major facilities.
The push for sustainability aligns with India’s healthcare goals, such as reducing medical waste. In South India, an estimated 5% of laser procedures now use eco-friendly systems, driven by global manufacturers’ sustainable technologies.
Government initiatives, such as increasing healthcare expenditure to 2.5% of GDP by 2025, support the adoption of sustainable laser technologies in public hospitals, particularly in North India, where infrastructure development is a priority.
Regional Insights in India
North India: Benefits significantly from global M&A and partnerships, with Delhi seeing a 25% increase in laser-equipped facilities from 2018 to 2023, driven by global players like Bausch + Lomb. Sustainability initiatives are also gaining traction, with energy-efficient lasers adopted in 10% of major hospitals.
South India: Partnerships with companies like Alma Lasers have boosted training, with Bangalore reporting a 20% rise in laser-trained dermatologists since 2020. Sustainable laser systems are used in 5-7% of procedures, particularly in Chennai and Hyderabad.
West India: Mumbai’s medical tourism hub status is enhanced by global M&A, with 15% of laser procedures performed on international patients. Sustainability is less prominent but growing, with eco-friendly systems in 3-5% of clinics.
East India: Lags in adopting global trends due to infrastructure constraints, but partnerships are increasing access to training, with a 10% growth in laser-equipped clinics in Kolkata from 2020 to 2023. Sustainability adoption remains minimal, at under 2% of procedures.
Key Players and Analysis
- BIOLASE India Private Limited
- Sisram Medical Ltd.
- Bisonlife India Private Limited
- Lumenis Ltd.
- IPG Photonics Corporation
- Cutera Inc.
- Coherent Inc.
- Fotona D.o.o.
- Hologic Inc.
- EN. S.p.A
Future Outlook
- Technology progress: Growing take up of next generation laser technologies, I.e. picosecond and fractional lasers among others especially in dermatology and ophthalmology. The advanced system will power an estimated 30% of aesthetic procedures in urban cities like Delhi and Mumbai by 2030, driving precision and outcomes for patients.
- Increasing Popularity of Minimally Invasive Procedures: Demand for non-invasive treatments like laser-based cosmetic procedures and pain management therapies will rise. Laser procedures are also slated to grow at 20% in South India, predominantly Bangalore, by 2028, due to consumer awareness and the trend here being an aging population.
- Penetration of the Tier-2 and Tier-3 Cities: Increased availability of healthcare will lead to increased uptake of laser technology in places such as Jaipur and Coimbatore. In the next 10 years, the number of clinics with laser technology in these cities will increase by 15% with the support of government healthcare investment which will reach 2.5% of GDP by 2025.
- Growth of Medical Tourism: West India, particularly Bombay, will remain a major epicenter for international patients to undergo laser treatments at pocket-friendly prices; around 20 per cent laser procedures will be carried out on medical tourists by 2030. This will enhance the market for aesthetic and surgical lasers.
- MORE FOCUS ON TRAINING : International tie-ups (like with Alma Lasers) will boost the deficit of skilled professionals. Laser- trained specialists in South and North India is expected to grow by 25% by 2028, increasing adoption in regions such as east India, which presently houses only 5% specialists.
- Sustainability Integration: Environ-friendly lasers, such as low-energy low-light laser therapy (LLLT), will gain in favour, in particular in city hospitals. Sustainable systems will operate in Delhi and Hyderabad based on about 10% of laser procedures by 2030 and the 7-12% lower power consumption will help to save operational costs.
- Government support and policy: Rising health care spending and programs such as Ayushman Bharat, will boost the penetration of laser technologies in public hospitals, predominantly in North India. 20% of Delhi-NCR government hospitals will be using laser solutions for ophthalmology and urology by 2027.
- Expanding the applications into new fields: The applications of laser will grow beyond dermatology and ophthalmology to oncology and neurology. With development in the laser ablation technologies, by 2030, approximately 1000 laser-based oncology procedures may be conducted in the metropolitan cities every year.
- Rural Market Barriers: As urban adoption increases, the rural market will be inhibited by high costs and low infrastructure. It implies that only 5-7% laser work will be performed in rural areas in 2028, which will require far-sighted government and private investment.
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