The invention discloses Nd-sensitized 
yttrium oxide-based 
laser ceramic. Each 
crystal particle of the 
laser ceramic is provided with a core-shell structure, a core layer is a (Y,Nd,M)2O3 phase, a shell layer is a (Y,N)2O3 phase, wherein M is 
rare earth luminescent ions, and N is a 
sintering aid. A preparation process comprises the following steps: firstly mixing a 
yttrium compound, a 
neodymium compound and an M compound, calcining to obtain (Y,Nd,M)2O3 
powder, then mixing the 
yttrium compound with the N compound, calcining to obtain (Y, N)2O3 
powder, and then mixing the two powders; or mixing the 
yttrium compound with the N compound, then directly adding the (Y,Nd,M)2O3 
powder, mixing and calcining; carrying out isostatic pressing on the obtained mixed powder, carrying out 
vacuum sintering, cooling, and then annealing. The 
laser ceramic disclosed by the invention has the advantages that a (Y,N)2O3 
thin layer with excellent 
sintering property is utilized for 
coating the (Y,Nd,M)2O3 phase, and the lattice 
distortion is reduced on the basis of improving the 
sintering property of the ceramic, so that excellent laser performance is obtained.