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Global Laser Hair Removal Market: By Type: Diode laser, Nd:YAG, Alexandrite laser; By End Use: Beauty Clinics, Dermatology Clinics, Home use; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments

Global Laser Hair Removal Market Outlook

The laser hair removal market size was estimated at USD 738.6 million in 2020. The market is further projected to grow at a CAGR of 16.4% between 2022 and 2027.

 

Global Laser Hair Removal Market

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The increasing number of laser hair removal machines cleared by the FDA, which are relatively cheaper in prices than other processes, generate countless growth opportunities for the industry. In addition, the industry is further driven by the rising disposable incomes and its high growth potential in developing nations like China and India.

 

Properties and Applications

The global laser hair removal industry can be divided based on segments like types and end-uses.

 

Global Laser Hair Removal Market By End Use

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On the basis of type, the industry is divided into diode laser, Nd: YAG, and alexandrite laser.

The industry, based on its end-uses, is categorised into:

  • Beauty Clinics 
  • Dermatology Clinics
  • Home Use

The EMR report looks into the regional laser hair removal market like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

Global Laser Hair Removal Market By Region

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Market Analysis

The rising awareness regarding the safety provided by laser hair removal devices and the advancement in technology, such as blending modalities in Thunder MT version by Quanta Systems, are contributing to the growth of the industry. Thunder MT, the latest and most powerful laser technology, is also efficient for other treatments such as blue veins. It enables facial photo-rejuvenation to be operated in just 15 minutes by experts.

The easy availability of laser hair removal services beyond professional business and in commercial spaces like malls is expected to drive the growth of the industry. The increasing demand for hair removal laser systems with rising disposable incomes is driving the development of the industry. In these instruments, advanced technology is increasingly being implemented to satisfy the consumers. The easy accessibility of these devices is further aiding the industry growth. The rising adoption of laser hair removal for men is expected to support the market growth. The ability to perform cost-effective laser hair removal at home is also expected to aid the industry growth.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global laser hair removal market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Solta Medical Inc.
  • Cynosure Inc. 
  • Lumenis
  • Venus Concept
  • Syneron Medial Ltd
  • Alma Lasers Ltd
  • Lutronic Corporation

The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces. The comprehensive report gives a thorough laser hair removal market analysis covering the macro and micro aspects of the industry.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, End Use, Region
Breakup by Type Diode laser, Nd:YAG, Alexandrite laser
Breakup by End Use Beauty Clinics, Dermatology Clinics, Home Use
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Solta Medical Inc., Cynosure Inc., Lumenis, Venus Concept, Syneron Medial Ltd, Alma Lasers Ltd, Lutronic Corporation
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Laser Hair Removal Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Laser Hair Removal Historical Market (2017-2021) 
    8.3    Global Laser Hair Removal Market Forecast (2022-2027)
    8.4    Global Laser Hair Removal Market by Type
        8.4.1    Diode Laser 
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Nd:YAG
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Alexandrite laser   
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
    8.5    Global Laser Hair Removal Market by End Use
        8.5.1    Beauty Clinics
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Dermatology Clinics
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Home Use
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
    8.6    Global Laser Hair Removal Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Price Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Alma Lasers GMBH
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Cynosure, LLC
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Lumenis Be Ltd.
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Venus Concept Inc.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Apax Partners LLP 
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments


List of Figures and Tables

1.    Global Laser Hair Removal Market: Key Industry Highlights, 2016 and 2027
2.    Global Laser Hair Removal Historical Market: Breakup by Type (USD Million), 2017-2021
3.    Global Laser Hair Removal Market Forecast: Breakup by Type (USD Million), 2022-2027
4.    Global Laser Hair Removal Historical Market: Breakup by End Use (USD Million), 2017-2021
5.    Global Laser Hair Removal Market Forecast: Breakup by End Use (USD Million), 2022-2027
6.    Global Laser Hair Removal Historical Market: Breakup by Region (USD Million), 2017-2021
7.    Global Laser Hair Removal Market Forecast: Breakup by Region (USD Million), 2022-2027
8.    North America Laser Hair Removal Historical Market: Breakup by Country (USD Million), 2017-2021
9.    North America Laser Hair Removal Market Forecast: Breakup by Country (USD Million), 2022-2027
10.    Europe Laser Hair Removal Historical Market: Breakup by Country (USD Million), 2017-2021
11.    Europe Laser Hair Removal Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Asia Pacific Laser Hair Removal Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Asia Pacific Laser Hair Removal Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Latin America Laser Hair Removal Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Latin America Laser Hair Removal Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Middle East and Africa Laser Hair Removal Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Middle East and Africa Laser Hair Removal Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Global Laser Hair Removal Market Structure

Key Questions Answered in the Report

The global laser hair removal market reached a value of USD 738.6 million in 2020.

The market is projected to grow at a CAGR of nearly 16.4% in the forecast period of 2022-2026.

The major drivers of the industry include the rising disposable incomes, increasing population, easy availability of services beyond professional business and in commercial spaces like malls, advanced technology, rising adoption by men, and the ability to perform cost-effective laser hair removal at home.

The rising awareness regarding the safety provided by the devices and the advancement in technology, such as blending modalities, are expected to be the key trends guiding the growth of the industry.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.

The leading types of laser hair removal in the industry are diode laser, Nd: YAG, and Alexandrite laser.

The significant end use sectors in the market are beauty clinics, dermatology clinics, and home use.

The leading players in the market are Solta Medical Inc., Cynosure Inc., Lumenis, Venus Concept, Syneron Medial Ltd, Alma Lasers Ltd, and Lutronic Corporation.

Analyst Review

The global laser hair removal market attained a value of USD 738.6 million in 2020, driven by the rising awareness regarding the safety provided by laser hair removal devices. Aided by the advancement in technology, the industry is expected to witness a further growth in the forecast period of 2022-2026, growing at a CAGR of 16.4%.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on types, the market can be segmented into diode laser, Nd: YAG, and Alexandrite laser. On the basis of end use, the industry can be segmented into beauty clinics, dermatology clinics, and home use. The major regional markets of laser hair removal are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include Solta Medical Inc., Cynosure Inc., Lumenis, Venus Concept, Syneron Medial Ltd, Alma Lasers Ltd, and Lutronic Corporation.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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