Global Laser Hair Removal Market, By Laser Type (Diode Laser, Nd:YAG Laser, Alexandrite Laser), Type (Multiple Standard Wavelengths, Specific Standard Wavelengths), End-Use (Beauty Clinics, Dermatology Clinics, Hospitals, Home Use), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The laser hair removal market is expected to witness market growth at a rate of 18.65% in the forecast period of 2021 to 2028. Data Bridge Market Research report on the laser hair removal market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in beauty consciousness globally is escalating the growth of the laser hair removal market.
Laser hair removal refers to shortening and eliminating unwanted hair from an individual’s body by exposing it to laser light. The laser machine/equipment is used to expose a certain area of the patient body to laser light wherever required. It also removes any hair follicle from that particular area.
The rise in trend towards maintaining optimal aesthetic beauty across the globe acts as one of the major factors driving the growth of the laser hair removal market. The increase in the technological advancements in aesthetic lasers and the increase in the popularity of mixing modalities for the treatment and allowing specialists to operate photo-rejuvenation facials in only 15 minutes accelerate market growth. The increase in the concerns regarding facial hair, such as hair growth on lips, neck, chin, and sideburn area, and increase in demand for cosmetic procedure as it uses extremely concentrated light beams, which focus on hair follicles, destroys the hair, and absorbs the existing pigment, further influence the market.
In Addition, the rise in healthcare expenditure, growth in health consciousness among the people and change in lifestyle positively affect the laser hair removal market. Furthermore, a growing number of FDA-approved products extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, the high cost of hair removal treatment at beauty centers or dermatology clinics is expected to obstruct the market growth. Availability of alternative enhanced beauty treatment solutions is projected to challenge the laser hair removal market in the forecast period of 2021-2028.
This laser hair removal market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on laser hair removal market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Laser Hair Removal Market Scope and Market Size
The laser hair removal market is segmented on the basis of laser type, type and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of laser type, the laser hair removal market is segmented into diode laser, Nd:YAG laser and alexandrite laser.
- On the basis of type, the laser hair removal market is segmented into multiple standard wavelengths and specific standard wavelengths.
- On the basis of end-use, the laser hair removal market is segmented into beauty clinics, dermatology clinics, hospitals and home use.
Global Laser Hair Removal Market Country Level Analysis
The laser hair removal market is analyzed and market size insights and trends are provided by country, laser type, type and end-use as referenced above.
The countries covered in the laser hair removal market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the laser hair removal market because of the increase in demand for hair removal procedures and well-established dermatology clinics within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 due to the large population, especially in China and India.
The country section of the laser hair removal market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The laser hair removal market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for laser hair removal market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the laser hair removal market. The data is available for historic period 2010-2019.
Competitive Landscape and Laser Hair Removal Market Share Analysis
The laser hair removal market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the laser hair removal market.
The major players covered in the laser hair removal market report are Solta Medical, Cynosure LLC, Lumenis, Venus Concept, CANDELA CORPORATION, Alma Lasers, Shanghai Fosun PharmaceuticalGroup）Co., Ltd., LUTRONIC, Sciton, Inc., Cutera, El.En. S.p.A.; Lynton Lasers, and SharpLight Technologies Inc, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Laser Hair Removal Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.