U.S. Surgical Laser Rentals Surge to $7.3 Billion by 2033
Minimally Invasive Procedures Drive Market Expansion Amid High Equipment Costs
The U.S. surgical laser rental market is on a significant growth trajectory, set to nearly double in value from $3.9 billion in 2024 to an anticipated $7.3 billion by 2033. This expansion, fueled by a 7.2% compound annual growth rate, highlights a clear industry shift towards flexible, cost-effective access to advanced medical technology.
Demand for Less Invasive Surgeries Fuels Rental Market
Hospitals and ambulatory surgical centers are increasingly opting for rental agreements to manage capital expenditures while gaining access to state-of-the-art laser equipment. The rising demand for minimally invasive surgeries, which often require specialized laser technology, is a primary driver behind this trend. These procedures typically result in faster patient recovery times and reduced hospital stays.
Technological advancements in lasers, such as diode and CO2 systems, are enhancing surgical precision and improving patient outcomes. These innovations, combined with the considerable cost of purchasing laser systems—ranging from $100,000 to $500,000—make renting a financially prudent choice, especially for smaller clinics.
Flexible Contracts Enhance Technology Access
The market’s growth is further propelled by the flexibility of rental models, which often include comprehensive service packages. These packages commonly cover installation, operator training, technical support, and routine maintenance. This holistic approach alleviates logistical and regulatory burdens for healthcare providers, allowing them to concentrate on patient care.
The trend of shifting surgical procedures from inpatient settings to outpatient care centers also contributes to the increased demand for rental laser equipment. Outpatient facilities prioritize efficiency and cost management, making rental solutions particularly attractive.
Key Sectors Embracing Laser Rental
The aesthetic sector, particularly dermatology and cosmetic clinics, relies heavily on laser technologies for treatments like skin resurfacing and hair removal. Given the rapid pace of technological evolution in this field, renting the latest devices is often preferred over outright purchase.
Urology and ophthalmology are also significant beneficiaries of surgical laser rentals. Procedures such as kidney stone fragmentation, prostate treatments, and vision correction surgeries benefit from the precision and safety offered by advanced laser systems. By renting, healthcare providers can adopt these technologies without the financial risk and optimize their cash flow.
In 2024, the U.S. surgical laser rental market was valued at $3.9 billion. Projections indicate a rise to $7.3 billion by 2033, demonstrating a robust compound annual growth rate of 7.2%. This sustained growth underscores the sector’s critical role in modern healthcare delivery.
Market Leaders and Offerings
Key players in the U.S. surgical laser rental market include Agiliti, Mobile Med Surgical Inc., Monarch Laser Services, South Bay Laser Rental, Premier Laser Partners, Laser Surgical of Florida, Inc., Texas Laser Source, Ventura Medical Solutions (VMS Biomedical), Advanced Surgical Technologies (AST), and LASErent.
The report categorizes the market by type, including Solid State Lasers (such as Thulium Fiber Lasers, Holium:YAG, Nd:YAG, Er:YAG, Ruby Laser Systems) and Gas Laser Systems (CO2, Excimer, Helium, Others), as well as Diode Laser Systems. Applications span various surgical specialties including Urology, Gynecology, ENT/Otolaryngology, General Surgery, Dentistry, and Ophthalmology.
