This report provides exclusive insights into the COVID-19 impact on the Cold Laser Therapy Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Cold Laser Therapy Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Cold Laser Therapy Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on
cold laser therapy market provides an in-depth analysis of segments and
sub-segments in the global as well as regional cold laser therapy market. The
study also highlights the impact of drivers, restraints, and macro indicators
on the global and regional cold laser therapy market over the short term as
well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of the global cold laser therapy market. According to the
report, the global cold laser therapy market is projected to grow at a CAGR of
4.2% over the forecast period of 2019-2025.
Cold laser therapy is a non-invasive therapy used in pain
management. The availability of reimbursement policies for cold laser therapy
boosts the expansion of the cold laser therapy market. Cold laser therapy has a
lot of applications in the field of healthcare. The therapy has proved the
efficiency in tendon strains, cold sores, burns, chronic back pain, and
strokes. The prevalence of cancer has made cold laser therapy as a new
The growing adoption of non-invasive therapy for pain
management drives the growth of the cold laser therapy market. The rising
availability of FDA-approved cold lasers to improve patient outcomes promotes
the expansion of the cold laser therapy market. Further, advanced cold laser
therapies are rapidly replacing traditional laser therapies. The rising
prominence of wearable devices in the healthcare industry has a positive impact
on the growth of the cold laser therapy market. The companies in cold laser
therapy are promoting wearable devices to provide pain relief to patients
in-home care settings. The companies are targeting physical therapist,
targeting sports teams, and orthopedic doctors that will increase the sales of
wearable devices. Additionally, the rising adoption of cold laser therapy to
reduce the downtime post laser therapy leverages the expansion of the cold
laser therapy market. The increasing investments in handheld lasers by the
healthcare providers to offer patient relief will augment the development of
the cold laser therapy market. Furthermore, cold laser therapy improves the
body’s natural healing process. Such benefits of cold lasers raise its
popularity among patients. The surge in demand for cold lasers in the field of
dermatology leads to the growth of the cold laser therapy market. Further, the
availability of cold lasers to treat inflammatory skin diseases such as atopic
dermatitis and psoriasis is one of the drivers of the global cold laser therapy
market. There is rising research to develop UV-free devices in the treatment of
skin diseases that propels the market growth. On the flip side, the limited
number of quality reports about the efficacy of UV-free devices in cold laser
therapy hampers the growth of the cold laser therapy market. Moreover, the
application of cold laser therapy in dentistry creates several opportunities in
the global cold laser therapy market.
Geographically, the global cold laser therapy market is
divided into North America, Asia-Pacific, Europe, and the Rest of the World.
North America is expected to dominate the global cold laser therapy market. The
growing introduction of technologically advanced minimally invasive therapies in
North America drives the growth of the cold laser therapy market in the region.
Asia-Pacific region is anticipated to grow in the global cold laser therapy
market with a healthy CAGR over the forecast period. The increasing investments
in research and development discoveries in light therapy in Asia-Pacific
stimulate the expansion of the cold laser therapy market in the Asia-Pacific.
Europe has lucrative growth opportunities in the global cold laser therapy
market owing to the rising adoption of cold lasers in pain management.
The report on global cold laser therapy market covers
segments such as product, application, and end-user. On the basis of product,
the sub-markets include instruments, and accessories. On the basis of
application, the sub-markets include dermatology, orthopedics, neurology,
dentistry, laser acupuncture, and other applications. On the basis of end-user,
the sub-markets include hospitals, specialty clinics, and home care.
The report provides profiles of the companies in the market
such as DJO Global, Inc., Meditech International, Inc., BTL Group, Apria
Healthcare Group Inc., BioLight Technologies, LLC, Theralase Technologies,
Inc., THOR Photomedicine Ltd., Erchonia Corporation, Irradia AB, Good Energies,
and Other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of cold laser
therapy market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.