Argon Lasers Market Report 2025

This argon lasers 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 argon lasers market size has grown strongly in recent years. It will grow from $2.32 billion in 2024 to $2.54 billion in 2025 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to increasing demand for minimally invasive surgeries, growth in dermatology and ophthalmology applications, rising prevalence of chronic diseases, innovations in laser technology, and the growing adoption of laser-based scientific equipment.

The argon lasers market size is expected to see strong growth in the next few years. It will grow to $3.6 billion in 2029 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to the increasing adoption of laser therapies in emerging markets, rising demand for precision medicine, expanding applications in cosmetic and aesthetic procedures, growth in personalized healthcare solutions, and ongoing innovations in photonics. Major trends in the forecast period include minimally invasive surgeries, advancements in laser wavelength versatility, advancements in portable and energy-efficient laser technologies, expansion into veterinary applications, and heightened focus on eco-friendly laser technologies.

The rising prevalence of skin disorders is expected to drive growth in the argon laser market in the coming years. Skin disorders, which can cause symptoms such as irritation, inflammation, and changes in appearance, are becoming more common due to factors such as increasing pollution, lifestyle changes, and greater exposure to harmful substances. Argon lasers are effective in treating these conditions by using specific wavelengths to precisely target and repair damaged skin tissues, as well as to reduce pigmentation and vascular lesions. For example, the American Cancer Society reported that in January 2024, an estimated 108,270 cases of skin cancer are expected, marking a 3.2% increase from the 104,930 cases reported in 2023. Consequently, the growing prevalence of skin disorders is likely to boost demand for argon lasers.

Leading companies in the argon laser market are focusing on developing cutting-edge products, such as IoT-enabled argon laser chambers, to meet the growing demand for high-performance applications across various industries. These advanced chambers incorporate real-time monitoring and control features to ensure precise, optimized, and remotely manageable manufacturing processes. For example, in April 2022, Bharat Fritz Werner Ltd. (BFW) Group, an India-based manufacturing company, introduced the PHOTON 4000G, the largest and fastest laser-directed energy-deposition (L-DED) machine in the metal additive manufacturing sector. This system boasts a 36 cubic meter hermetically sealed argon chamber, a 10.4 cubic meter build envelope, and dual-deposition heads for both powder and wire. It features an industry-first 6KW fiber laser with a beam splitter, along with advanced capabilities such as real-time process monitoring, 5-axis control, and IoT-enabled smart technology.

In July 2022, II-VI Incorporated, a US-based technology and manufacturing firm, acquired Coherent, Inc. for an undisclosed amount. This acquisition was intended to bolster II-VI's position in the global laser industry, including in the argon laser segment, and to enhance their capacity to provide a comprehensive range of laser products and solutions. The move is expected to lead to advancements in laser technologies and expanded capabilities across various applications. Coherent, Inc., also a US-based technology company, is known for its range of argon ion lasers.

Major companies operating in the argon lasers market are Newport Corporation, Coherent Inc., Lumentum Holdings Inc., Hamamatsu Photonics K.K., Thorlabs Inc., Edmund Optics, Lumibird, TOPTICA Photonics AG, MPB Communications Inc., B&W Tek, LASOS Lasertechnik GmbH, Radiation Protection and Measurement Corporation (RPMC) Lasers Inc., EKSMA Optics, Laser Components GmbH, CrystaLaser, National Laser Company, Light Age Inc., PhotonTec Berlin GmbH, Oxxius SA, Olympus Life Science, Modu-Laser, Laserglow Technologies.

North America was the largest region in the argon lasers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the argon lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the argon lasers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Argon lasers are gas lasers that produce light in the blue and green wavelengths by ionizing argon gas. They are widely used in medical, research, and industrial settings due to their high precision, diverse wavelength range, and minimal thermal damage, which makes them suitable for applications that require accuracy and control, such as medical procedures and scientific research.

The primary types of argon lasers are argon ion lasers and argon excimer lasers. An argon ion laser generates light by ionizing argon gas and emits a beam predominantly in the blue and green parts of the spectrum. Revenue from argon lasers is categorized into laser revenue and system revenue, with applications spanning medical equipment, spectral analysis, industrial processing, information processing, and other uses.

The argon lasers market research report is one of a series of new reports that provides argon lasers market statistics, including argon lasers industry global market size, regional shares, competitors with an argon lasers market share, detailed argon lasers market segments, market trends and opportunities, and any further data you may need to thrive in the argon lasers industry. This argon lasers 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 argon lasers market consists of sales of argon laser systems, argon laser modules, argon laser replacement parts, and argon laser calibration kits. 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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