Market overview

Solid-state Lasers are a type of laser that uses solid-state materials as the emitting medium. These materials emit high-power laser beams with good beam quality. Our research shows that the increasing adoption of SSLs in the medical industry will significantly increase the demand for pulsed lasers. These lasers are much needed in areas such as dentistry, surgery and various skin rejuvenation treatments. On the other hand, laser solutions are also being used for melasma treatment, scar removal and eye surgery due to the benefits of increased convenience, reduced risk of non-contact lenses and permanent vision improvement. The laser industry, for instance, is valued at USD 3. 47 billion in 2022 and is expected to grow at a CAGR of 15% during the forecast period to reach USD 7.23 billion by the end of 2035.

Key trends in the solid-state lasers market

In March 2022, Coherent Inc. launched its new COMPEX series. Switching gas filling provides direct output at 157 nm and 193 nm, increasing utility and value.

In February 2022, Trumpf acquired an 80% stake in Active Fibre Systems (AFS). AFS has developed a range of femtosecond and picosecond pulsed lasers based on ytterbium and thulium-doped fibre amplifiers used primarily in scientific research.

Challenges in the solid-state laser market

The cost of developing and manufacturing solid-state lasers is high. These lasers require complex and precise materials, intricate designs and high-quality components, limiting Market growth due to their expensive nature.

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