Excimer Laser Market Report 2025

This excimer laser market report delivers an in-depth analysis of the market’s key characteristics, including size, growth potential, and segmentation. It provides a detailed breakdown of the market across major regions and leading countries, highlighting historical data and future growth projections. The report also examines the competitive landscape, market share insights, emerging trends, and strategic developments shaping the market.

The excimer laser market size has grown rapidly in recent years. It will grow from $0.62 billion in 2024 to $0.68 billion in 2025 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to increasing demand for advanced medical treatments, increasing usage in eye surgery, growth in semiconductor manufacturing, rising prevalence of skin conditions, and increasing healthcare expenditure.

The excimer laser market size is expected to see rapid growth in the next few years. It will grow to $1.02 billion in 2029 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to rising demand for non-invasive procedures, a growing aging population, growing demand in healthcare, rising incidence of refractive errors, and growing demand for electronic devices. Major trends in the forecast period include technological advancements, the adoption of AI, machine learning, smart home devices, and blockchain technology.

The rising prevalence of eye disorders is anticipated to boost the growth of the excimer laser market. Factors contributing to the increase in eye disorders include higher screen time, environmental influences, chronic health conditions, insufficient preventive care, and lifestyle choices. Excimer lasers are employed in treating eye disorders to reshape the cornea and correct vision problems such as nearsightedness, farsightedness, and astigmatism. For example, a report from the National Health Services in August 2024 indicated that 8,400 low vision assessments were conducted during 2023-24, marking a 3.7% rise from 2022-23. Among these assessments, 87.2% were initial evaluations, while 12.8% were follow-ups. This growing incidence of eye disorders is driving demand for excimer lasers.

Key players in the excimer laser market are focusing on developing advanced solutions, such as excimer laser platforms, which offer high precision and minimal thermal damage. Excimer laser platforms are sophisticated systems that use excimer lasers to deliver precise, high-energy ultraviolet light for various applications, including medical procedures, material processing, and scientific research. For instance, in January 2024, Bausch + Lomb Corporation, a US-based healthcare company, received FDA approval for its TENEO Excimer Laser Platform. This platform represents a significant advancement in LASIK vision correction for myopia and myopic astigmatism. It features an advanced eye-tracking system operating at 1,740 Hz, which is over three times faster than the laser's repetition rate, ensuring precise laser ablation patterns even with eye movements.

In July 2022, II-VI Incorporated, a US-based company, acquired Coherent Inc. for an undisclosed sum. This acquisition greatly enhanced II-VI's product offerings, especially in the areas of laser technologies, optical components, and photonic solutions. Coherent Inc., also a US-based company, specializes in the provision of excimer lasers.

Major companies operating in the excimer laser market are Abbott Laboratories, Carl Zeiss AG, Alcon Inc., TRUMPF GmbH + Co. KG, Nikon Corporation, Bausch & Lomb Incorporated, Coherent Inc., IPG Photonics Corporation, Hoya Corporation, Advanced Medical Optics Inc., Lumenis Ltd., SUSS MicroTec SE, Jenoptik AG, LASIK Vision Correction Inc., Gigaphoton Inc., TECHNOLAS Perfect Vision GmbH, Ellex Medical Lasers Limited, SCHWIND eye-tech-solutions GmbH & Co. KG, Radiant Dyes Laser & Accessoires GmbH, Ziemer Ophthalmic Systems AG, A.R.C. Laser GmbH, FEMTO LASER Inc., WaveLight GmbH, LightMachinery Inc.

North America was the largest region in the excimer laser market in 2024. The regions covered in the excimer laser market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the excimer laser market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

An excimer laser is an ultraviolet laser that emits high-energy light to precisely remove or reshape tissue with minimal heat damage to surrounding areas. It is commonly utilized in medical procedures, such as eye surgeries (e.g., LASIK) for corneal reshaping, as well as in dermatology and various industrial applications.

The main types of excimer lasers include noble gas, halogen gas, and buffer gas lasers. Noble gases, found in Group 18 of the periodic table, are used in these lasers. Technologies involved in excimer lasers include the use of specific gas mixtures and wavelengths. Applications for excimer lasers encompass photolithography, laser surgery, pulsed laser deposition, laser processing of glass and plastic, and pumping other lasers. These lasers are used by a range of end-users, including hospitals and clinics, the semiconductor industry, the automotive industry, and other sectors.

The excimer laser market research report is one of a series of new reports that provides excimer laser market statistics, including excimer laser industry global market size, regional shares, competitors with a excimer laser market share, detailed excimer laser market segments, market trends and opportunities, and any further data you may need to thrive in the excimer laser industry. This excimer laser market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The excimer laser market consists of revenues earned by entities by providing services such as laser ablation, microfabrication, surface structuring, material processing, and thin film deposition. The market value includes the value of related goods sold by the service provider or included within the service offering. The excimer laser market also includes sales of excimer laser marking systems, excimer laser micromachining tools, laser cleaning systems, laser research instruments, and laser imaging systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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