The global medical laser market is projected to reach $17.3 billion by 2031, growing at a compound annual growth rate (CAGR) of 17.6% from 2024 to 2031. Several factors are driving this robust growth, including the rising demand for cosmetic procedures, a growing preference for minimally invasive treatments, and the increasing prevalence of eye disorders. Additionally, the expanding medical tourism industry is expected to create lucrative opportunities for companies within this market, offering further momentum for growth in the coming years.
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