- In October 2024, Sensus Healthcare, Inc. introduced the Silk by Sensus, a portable laser hair removal system, at the Fall Clinical Dermatology Conference. This device aims to provide efficient and user-friendly hair removal solutions for both clinical and home settings
- In July 2024, SNS Insider reported that the global laser hair removal market was valued at USD 1.23 billion in 2023 and is projected to surpass USD 5.02 billion by 2032, growing at a compound annual growth rate (CAGR) of 17.81%. This growth is attributed to increasing awareness about personal grooming and aesthetic appeal
- In November 2023, Justera Health Ltd., a Canadian health and wellness management company, expanded its service offerings by introducing premium laser treatment services utilizing the CUTERA XEO platform. This strategic move aims to enhance their aesthetic treatment portfolio and cater to the growing demand for advanced laser hair removal solutions
- In February 2023, Milan Laser Hair Removal, the largest laser hair removal provider in the U.S., secured new strategic growth equity investments from Sixth Street and Wildcat Capital Management. This investment is intended to support the company's expansion plans and further solidify its position in the market
- In November 2024, The Times reported a surge in the popularity of at-home beauty treatments, including laser hair removal devices. This trend is driven by technological advancements and a growing preference for DIY cosmetic therapies over salon visits
