Excimer Laser Market: Global Industry Analysis and Outlook 2029

Excimer Laser Market was valued at US$ 585.36 Mn. in 2022 and is expected to reach US$ 1162.66 Mn. by 2029, at a CAGR of 10.3% during a forecast period.
Excimer Laser Market Overview:
The excimer lasers are also known as exciplex lasers, which is an ultraviolet (UV) form of laser. The excimer lasers are light pulse-emitting gas lasers that are formed and excited by an electric discharge of the gas mixture which contains halogen gas to produce molecular ArF that exists in the extreme state in order of 20 ns. The use of excimer lasers raisin eye surgery, micromachining, and the production of microelectronic equipment based on integrated circuits or chips. Excimer lasers are commonly used in high-resolution photolithography machines, which is one of the requirements for microelectronic chip manufacturing. The excimer lasers mainly consist the reactive gases such as fluorine or chlorine coupled with noble gases, including xenon, krypton, and argon respectively.
Excimer Laser Market Snapshot
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Excimer Laser Market Dynamics:
The increasing usage of excimer lasers in applications such as the manufacture of semiconductor-based chips or integrated circuits, microelectronic devices, micromachining, excimer lasers, and eye surgery is the primary driver of market growth. Increasing spending on R&D and technological advancements in the field of excimer lasers, the rising importance of excimer lasers in research laboratory equipment, and rising demand for excimer-based devices for industrial and healthcare applications are expected to boost market growth during the forecast period. Microelectronic equipment and devices, as well as UV photolithography, have been the primary industrial applications of excimer lasers.

Furthermore, excimer lasers have a high-power ultraviolet output that makes them helpful for surgery, which is one of the driving forces for their use in medical equipment. Additionally, excimer lasers are widely used in research laboratory equipment. Laser ablation, photolithography for semiconductor chips, pulsed laser deposition, the microstructure of transparent media, laser marking, eye surgery, dye-laser pumping, and psoriasis therapy are all common applications for excimer lasers. Advanced and improved excimer lasers are having a beneficial impact on the market, and increasing technological innovation and research activity in the field of excimer lasers help increase the market growth. Various applications of excimer laser devices, such as medicine, construction, and semiconductor, are expected to drive the excimer laser devices market forward over the forecast period.



The various side effects of excimer laser light treatment, as well as the high prices connected with excimer laser systems or instruments, are the primary restraints on market growth. Additionally, strict government regulations related to the use of excimer lasers. Apart from high voltage electronics, gas contamination, corrosion processes, and dust produced by electric discharge limit the lifespan of an excimer laser.
Excimer Laser Market segment analysis:
Based on Application, the Photolithography segment held the highest market share of xx% in 2022. The market growth can be attributed to an increase in the use of excimer lasers in high-resolution photolithography machines for the manufacture of microelectronic devices. Additionally, rising demands for low cost, high resolution, high throughput, and lamp-based lithography tools in the semiconductor industry, as well as ongoing development in excimer laser lithography technology, are expected to boost market growth over the forecast period.
Excimer Laser Market, by Application in 2022(%)
Based on End-user, the hospitals/medical segment held the largest market share of xx% in 2022, and this segment dominated the market. The UV light from an excimer laser is highly absorbed by organic components. Additionally, rapid innovation in advanced technology in the medical industry is helpful for increases increase increasing the use of excimer lasers in micromachining application of organic material such as polymers and plastics that help in serious surgeries such as surgery of an eye is attributed to the growth of the market. In addition, increasing the use of excimer laser by leading manufacturing companies for medical applications is ultimately driving the growth of the market.
Excimer Laser Market Regional Insight:
North American region held the largest market share of xx% in 2022. During the forecast period, an increase in surgical operations is expected to fuel the overall growth of the digital wound management devices market. Various disorders, such as cardiovascular diseases, spinal abnormalities, urological disorders, gastrointestinal diseases, orthopedic deformities, and brain tumors, are treated with surgery. In North America, the excimer laser market is dominated by the United States. Germany, the United Kingdom, Italy, and France, among others, have a positive share of the excimer laser market. China, Japan, India, and South Korea, among others, are some of the primary markets contributing to the positive growth of the excimer laser market in the Asia Pacific. There has been significant improvement and growth in the dominion of electronics and other industries in the Middle East and Africa, for example, the automotive sector is boosting the demand for excimer lasers.

The objective of the report is to present a comprehensive analysis of the Excimer Laser market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Excimer Laser market dynamics and, strand culture by analyzing the market segments and projects the Excimer Laser market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Excimer Laser market make the report investor’s guide.
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Global Excimer Laser Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 585.36 Mn.


Forecast Period 2023 to 2029 CAGR:
10.3%
Market Size in 2029:
US $ 1162.66 Mn.


 Segments Covered:
by Type of Gases
Noble gas (argon, krypton, or xenon)
Halogen gas (fluorine, and chlorine)
Buffer gas (typically neon or helium)


by Application
Photolithography
Laser Surgery
Pulsed laser deposition
Laser making o glass and plastic
Pumping of another laser


by End User
Hospitals/Medicals
Specialty Clinics
Ambulatory Surgical Centers
Others



Excimer Laser Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Excimer Laser Market, Key Players are
1. Kera Harvest Inc.
2. Alcon(Novartis)
3. Scoperich.
4. PhotoMedex Inc.
5. NIDEK Co., Ltd.
6. SCHWIND eye-tech-solutions Gmbh & Co.KG
7. WaveLight GmbH
8. Carl Zeiss Meditec AG
9. Abbott Medical Optics Inc. (AMO)
10. Bausch & Lomb Incorporated
11. TECHNOLAS Perfect Vision GmbH
12. Gigaphoton Inc
13. Coherent, Inc
14. Wavelength Opto-Electronic (S) Pte Ltd.
15. AMS Technologies AG
16. Laser 2000 GmbH
17. Radiant Dyes Laser & Accessoires GmbH
18. Ziemer Ophthalmic Systems AG
19. Ra Medical Systems

Frequently Asked Questions:

1. Which region has the largest share in Market?
Ans: North American region holds the highest share in 2022.

2. What is the growth rate of the Market?
Ans: The Market is growing at a CAGR of 10.3 % during the forecasting period 2023-2029.

3. What segments are covered in the  market?
Ans: Market is segmented into type of gases, application, end-user, and region.

4. Who are the key players in the market?
Ans: The important key players in the Market are – Kera Harvest Inc.,
Alcon(Novartis), Scoperich., PhotoMedex Inc., NIDEK Co., Ltd., SCHWIND eye-tech-solutions Gmbh & Co.KG, WaveLight GmbH, Carl Zeiss Meditec AG, Abbott Medical Optics Inc. (AMO), Bausch & Lomb Incorporated.

5. What is the study period of this market?
Ans: The Market is studied from 2022 to 2029.