U.S. Urology Lasers Market Size & Outlook, 2023-2030
U.S. urology lasers market, 2018-2030 (US$M)
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U.S. urology lasers market highlights
- The U.S. urology lasers market generated a revenue of USD 288.0 million in 2023 and is expected to reach USD 416.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, holmium laser system was the largest revenue generating laser type in 2023.
- Other Thulium Laser System is the most lucrative laser type segment registering the fastest growth during the forecast period.
Urology lasers market data book summary
| Market revenue in 2023 | USD 288.0 million |
| Market revenue in 2030 | USD 416.8 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Holmium laser system |
| Fastest growing segment | Other Thulium Laser System |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Holmium Laser System, Diode Laser System, Other Thulium Laser System, Laser Type |
| Key market players worldwide | Olympus Corp, Boston Scientific Corp, Lumenis, Cook Medical, Becton Dickinson & Co, OmniGuide, Allengers Group |
Other key industry trends
- In terms of revenue, U.S. accounted for 26.1% of the global urology lasers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. urology lasers market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 93.0 million by 2030.
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Urology Lasers Market Scope
Urology Lasers Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. urology 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 urology lasers market will help companies and investors design strategic landscapes.
Holmium laser system was the largest segment with a revenue share of 29.76% in 2023. Horizon Databook has segmented the U.S. urology lasers market based on holmium laser system, diode laser system, other thulium laser system, laser type covering the revenue growth of each sub-segment from 2018 to 2030.
Boston Scientific Corporation, Lumenis Ltd., Cook Medical, and Olympus Corporation are some of the key players operating in the U.S. urology laser market. The favorable reimbursement scenario provides access to healthcare services to a large portion of the population.
Subsequently, it creates a demand for cost-effective and efficient urology lasers. This also increases the need for cost-effective urology lasers and the integration of digital health in the care delivery system. Hence, many companies are seeking U.S. FDA approval to launch their products in the U.S. market.
For instance, in February 2023, The LithoVue Elite Single-Use Digitally Flexible Ureteroscope System from Boston Scientific Corporation, the first ureteroscope system with the capacity to monitor intrarenal pressure in actual time during ureteroscopy treatments, got FDA 510(k) approval from the USA, according to a company announcement.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. urology lasers market , including forecasts for subscribers. This country databook contains high-level insights into U.S. urology lasers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. urology lasers market size, by laser type, 2018-2030 (US$M)
U.S. Urology Lasers Market Outlook Share, 2023 & 2030 (US$M)
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