Global Picosecond Lasers Market Size & Outlook, 2023-2030

The picosecond lasers industry worldwide is expected to reach a projected revenue of US$ 393.0 million by 2030. A compound annual growth rate of 7.4% is expected of the worldwide picosecond lasers industry from 2024 to 2030.
Revenue, 2023 (US$M)
$237.7
Forecast, 2030 (US$M)
$393.0
CAGR, 2024 - 2030
7.4%
Report Coverage
Worldwide

Global picosecond lasers market highlights

  • The global picosecond lasers market generated a revenue of USD 237.7 million in 2023 and is expected to reach USD 393.0 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 7.4% by 2030.
  • In terms of segment, nd:yag accounted for a revenue of USD 149.7 million in 2023.
  • Alexandrite is the most lucrative technology segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 237.7 million
Market revenue in 2030USD 393.0 million
Growth rate7.4% (CAGR from 2023 to 2030)
Largest segmentNd:yag
Fastest growing segmentAlexandrite
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationND:YAG, Alexandrite

Other key industry trends

  • In terms of revenue, the North America accounted for 47.0% of the global picosecond lasers market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Kuwait is the fastest growing regional market and is projected to reach USD 1.2 million by 2030.

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Picosecond Lasers Market Companies

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Global picosecond lasers market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to picosecond lasers market will help companies and investors design strategic landscapes.


Nd:yag was the largest segment with a revenue share of 62.98% in 2023. Horizon Databook has segmented the Global picosecond lasers market based on nd:yag, alexandrite covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Picosecond Lasers Technology Outlook (Revenue, USD Million, 2018-2030)
    • ND:YAG
    • Alexandrite
  • Global Picosecond Lasers Application Outlook (Revenue, USD Million, 2018-2030)
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  • Global Picosecond Lasers End Use Outlook (Revenue, USD Million, 2018-2030)
    • Dermatology Clinics
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Horizon Databook provides a detailed overview of global-level data and insights on the Global picosecond lasers market , including forecasts for subscribers. This global databook contains high-level insights into Global picosecond lasers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global picosecond lasers market size, by regions, 2018-2030 (US$M)

Top 10 countries: Picosecond lasers market size, 2023 (US$M)

Global picosecond lasers market share, by technology, 2023 & 2030 (%, US$M)

Picosecond lasers market: Opportunity assessment by country

Global picosecond lasers market, by region, 2023 (US$M)

Global picosecond lasers market size, by regions, 2018-2030 (US$M)

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