Product Code: A17035
The global laser hair removal market was valued at $584.0 million in 2021, and is projected to reach $2,511.6 million by 2031, registering a CAGR of 15.7% from 2022 to 2031. Laser hair removal is a medical procedure that uses a concentrated beam of light to remove the unwanted hair. A laser emits light that is absorbed by the melanin pigment in the hair. The hair follicles, which are present as tube-shaped sacs within the skin, are damaged when the light energy is transformed into heat energy. The heat energy prevents or delays the growth of new hair. Laser hair removal procedure is used to remove unwanted hair from face, leg, chin, back, arm, underarm, and bikini lines.
The laser hair removal market is driven by increase in the trend among the population to maintain aesthetic appearance, rise in technological advancements in the aesthetic procedures and rise in the number of hair removal procedures. For instance, according to American Society of Plastic Surgeons (ASPS), in 2019, it was reported that around 1,055,456 laser hair removal procedures were performed in the U.S.Moreover, laser treatments are painless as compared to the traditional methods, such as waxing and hair plucking. Therefore, increase in demand for laser hair removal treatment among females is anticipated to fuel the growth of market. In addition, increase in the number of laser hair removal clinics boosts the market growth. According to What clinic, a web platform that allows patients to find clinics, 757 laser hair removal clinics are present in Asia.
Increase in adoption of non-surgical aesthetic procedure over the globe is anticipated to propel the growth of laser hair removal treatment market. For instance, according to the International Society of Aesthetic Procedure Surgery (ISAPS), in 2020, it was reported that around 1,837,052 non-surgical hair removal procedures were performed worldwide. As per the same source, it was also reported that hair removal procedure increased by 76.1% from 2019 to 2020. Moreover, increase in number of product launches and product approval for laser hair removal treatment are anticipated to boost the market growth. In addition, increase in number of dermatological clinics and beauty salons is anticipated to fuel the market growth. Increase in number of professionals who performed laser hair removal procedure is anticipated to fuel the market growth. Moreover, increase in awareness among the population about advantage of different aesthetic procedures and rise in adoption of laser hair removal treatment by all age group are anticipated to fuel the market growth.
On the other hand, high cost of laser hair removal procedure is anticipated to hinder the market growth. Moreover, risk associated after laser hair removal procedure such as skin irritation, temporary discomfort, redness and swelling and pigment changes hamper the growth of laser hair removal market.
The global laser hair removal market is segmented on the basis of type, gender, age group, service provider, and region. On the basis of type, the market is segmented into alexandrite laser hair removal, diode laser hair removal and others. The others include ruby laser hair removal, and Nd:YAG system. By gender, the market is bifurcated into male and female segment. On the basis of age group, the market is divided into 13 to 29, 30 to 54, and 55 to 69. On the basis of service provider, the market is segmented into hospitals, clinic and others. The others segment includes beauty salon and at home. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major companies that operate in the global laser hair removal market include Almas Laser, Candela Corporation, Cutera, Cynosure, Hairline International Hair & Skin Clinic, La Mer Medical Spa & Yoga, Lira Style, Lumenis, LUTRONIC, Lynton Laser, Pure Luxe Medical, Regeneveda, Sciton, Inc , SEV Laser, SkinMD, Solta Medica (Bausch Health Companies Inc.), and Venus Concept.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the laser hair removal market analysis from 2021 to 2031 to identify the prevailing laser hair removal market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the laser hair removal market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global laser hair removal market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Alexandrite laser hair removal
- Diode laser hair removal
- Others
By Gender
By Age group
- 13 to 29
- 30 to 54
- 55 to 69
By End User
By Region
- North America
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- Colombia
- Rest of LAMEA
- Key Market Players
- Almas Laser
- candela corporation
- Cutera
- cynosure inc
- Hairline International Hair and Skin Clinic
- La Mer Medical Spa and Yoga
- Lira Style
- LUTRONIC
- Lynton Laser
- Pure Luxe Medical
- Regeneveda
- Sciton, Inc
- Lumenis
- SEV Laser
- SkinMD
- Solta Medical
- Venus Concept
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: LASER HAIR REMOVAL MARKET, BY TYPE
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Alexandrite laser hair removal
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
- 4.3 Diode laser hair removal
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
- 4.4 Others
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market analysis by country
CHAPTER 5: LASER HAIR REMOVAL MARKET, BY GENDER
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Male
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
- 5.3 Female
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
CHAPTER 6: LASER HAIR REMOVAL MARKET, BY AGE GROUP
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 13 to 29
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
- 6.3 30 to 54
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country
- 6.4 55 to 69
- 6.4.1 Key market trends, growth factors and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market analysis by country
CHAPTER 7: LASER HAIR REMOVAL MARKET, BY END USER
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 Hospitals
- 7.2.1 Key market trends, growth factors and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market analysis by country
- 7.3 Clinic
- 7.3.1 Key market trends, growth factors and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market analysis by country
- 7.4 Others
- 7.4.1 Key market trends, growth factors and opportunities
- 7.4.2 Market size and forecast, by region
- 7.4.3 Market analysis by country
CHAPTER 8: LASER HAIR REMOVAL MARKET, BY REGION
- 8.1 Overview
- 8.1.1 Market size and forecast
- 8.2 North America
- 8.2.1 Key trends and opportunities
- 8.2.2 North America Market size and forecast, by Type
- 8.2.3 North America Market size and forecast, by Gender
- 8.2.4 North America Market size and forecast, by Age group
- 8.2.5 North America Market size and forecast, by End User
- 8.2.6 North America Market size and forecast, by country
- 8.2.6.1 U.S.
- 8.2.6.1.1 Market size and forecast, by Type
- 8.2.6.1.2 Market size and forecast, by Gender
- 8.2.6.1.3 Market size and forecast, by Age group
- 8.2.6.1.4 Market size and forecast, by End User
- 8.2.6.2 Canada
- 8.2.6.2.1 Market size and forecast, by Type
- 8.2.6.2.2 Market size and forecast, by Gender
- 8.2.6.2.3 Market size and forecast, by Age group
- 8.2.6.2.4 Market size and forecast, by End User
- 8.2.6.3 Mexico
- 8.2.6.3.1 Market size and forecast, by Type
- 8.2.6.3.2 Market size and forecast, by Gender
- 8.2.6.3.3 Market size and forecast, by Age group
- 8.2.6.3.4 Market size and forecast, by End User
- 8.3 Europe
- 8.3.1 Key trends and opportunities
- 8.3.2 Europe Market size and forecast, by Type
- 8.3.3 Europe Market size and forecast, by Gender
- 8.3.4 Europe Market size and forecast, by Age group
- 8.3.5 Europe Market size and forecast, by End User
- 8.3.6 Europe Market size and forecast, by country
- 8.3.6.1 Germany
- 8.3.6.1.1 Market size and forecast, by Type
- 8.3.6.1.2 Market size and forecast, by Gender
- 8.3.6.1.3 Market size and forecast, by Age group
- 8.3.6.1.4 Market size and forecast, by End User
- 8.3.6.2 France
- 8.3.6.2.1 Market size and forecast, by Type
- 8.3.6.2.2 Market size and forecast, by Gender
- 8.3.6.2.3 Market size and forecast, by Age group
- 8.3.6.2.4 Market size and forecast, by End User
- 8.3.6.3 United Kingdom
- 8.3.6.3.1 Market size and forecast, by Type
- 8.3.6.3.2 Market size and forecast, by Gender
- 8.3.6.3.3 Market size and forecast, by Age group
- 8.3.6.3.4 Market size and forecast, by End User
- 8.3.6.4 Italy
- 8.3.6.4.1 Market size and forecast, by Type
- 8.3.6.4.2 Market size and forecast, by Gender
- 8.3.6.4.3 Market size and forecast, by Age group
- 8.3.6.4.4 Market size and forecast, by End User
- 8.3.6.5 Spain
- 8.3.6.5.1 Market size and forecast, by Type
- 8.3.6.5.2 Market size and forecast, by Gender
- 8.3.6.5.3 Market size and forecast, by Age group
- 8.3.6.5.4 Market size and forecast, by End User
- 8.3.6.6 Rest of Europe
- 8.3.6.6.1 Market size and forecast, by Type
- 8.3.6.6.2 Market size and forecast, by Gender
- 8.3.6.6.3 Market size and forecast, by Age group
- 8.3.6.6.4 Market size and forecast, by End User
- 8.4 Asia-Pacific
- 8.4.1 Key trends and opportunities
- 8.4.2 Asia-Pacific Market size and forecast, by Type
- 8.4.3 Asia-Pacific Market size and forecast, by Gender
- 8.4.4 Asia-Pacific Market size and forecast, by Age group
- 8.4.5 Asia-Pacific Market size and forecast, by End User
- 8.4.6 Asia-Pacific Market size and forecast, by country
- 8.4.6.1 China
- 8.4.6.1.1 Market size and forecast, by Type
- 8.4.6.1.2 Market size and forecast, by Gender
- 8.4.6.1.3 Market size and forecast, by Age group
- 8.4.6.1.4 Market size and forecast, by End User
- 8.4.6.2 Japan
- 8.4.6.2.1 Market size and forecast, by Type
- 8.4.6.2.2 Market size and forecast, by Gender
- 8.4.6.2.3 Market size and forecast, by Age group
- 8.4.6.2.4 Market size and forecast, by End User
- 8.4.6.3 India
- 8.4.6.3.1 Market size and forecast, by Type
- 8.4.6.3.2 Market size and forecast, by Gender
- 8.4.6.3.3 Market size and forecast, by Age group
- 8.4.6.3.4 Market size and forecast, by End User
- 8.4.6.4 Australia
- 8.4.6.4.1 Market size and forecast, by Type
- 8.4.6.4.2 Market size and forecast, by Gender
- 8.4.6.4.3 Market size and forecast, by Age group
- 8.4.6.4.4 Market size and forecast, by End User
- 8.4.6.5 Rest of Asia-Pacific
- 8.4.6.5.1 Market size and forecast, by Type
- 8.4.6.5.2 Market size and forecast, by Gender
- 8.4.6.5.3 Market size and forecast, by Age group
- 8.4.6.5.4 Market size and forecast, by End User
- 8.5 LAMEA
- 8.5.1 Key trends and opportunities
- 8.5.2 LAMEA Market size and forecast, by Type
- 8.5.3 LAMEA Market size and forecast, by Gender
- 8.5.4 LAMEA Market size and forecast, by Age group
- 8.5.5 LAMEA Market size and forecast, by End User
- 8.5.6 LAMEA Market size and forecast, by country
- 8.5.6.1 Brazil
- 8.5.6.1.1 Market size and forecast, by Type
- 8.5.6.1.2 Market size and forecast, by Gender
- 8.5.6.1.3 Market size and forecast, by Age group
- 8.5.6.1.4 Market size and forecast, by End User
- 8.5.6.2 Saudi Arabia
- 8.5.6.2.1 Market size and forecast, by Type
- 8.5.6.2.2 Market size and forecast, by Gender
- 8.5.6.2.3 Market size and forecast, by Age group
- 8.5.6.2.4 Market size and forecast, by End User
- 8.5.6.3 Colombia
- 8.5.6.3.1 Market size and forecast, by Type
- 8.5.6.3.2 Market size and forecast, by Gender
- 8.5.6.3.3 Market size and forecast, by Age group
- 8.5.6.3.4 Market size and forecast, by End User
- 8.5.6.4 Rest of LAMEA
- 8.5.6.4.1 Market size and forecast, by Type
- 8.5.6.4.2 Market size and forecast, by Gender
- 8.5.6.4.3 Market size and forecast, by Age group
- 8.5.6.4.4 Market size and forecast, by End User
CHAPTER 9: COMPANY LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product Mapping of Top 10 Player
- 9.4. Competitive Dashboard
- 9.5. Competitive Heatmap
- 9.6. Key developments
CHAPTER 10: COMPANY PROFILES
- 10.1 Almas Laser
- 10.1.1 Company overview
- 10.1.2 Company snapshot
- 10.1.3 Operating business segments
- 10.1.4 Product portfolio
- 10.1.5 Business performance
- 10.1.6 Key strategic moves and developments
- 10.2 candela corporation
- 10.2.1 Company overview
- 10.2.2 Company snapshot
- 10.2.3 Operating business segments
- 10.2.4 Product portfolio
- 10.2.5 Business performance
- 10.2.6 Key strategic moves and developments
- 10.3 Cutera
- 10.3.1 Company overview
- 10.3.2 Company snapshot
- 10.3.3 Operating business segments
- 10.3.4 Product portfolio
- 10.3.5 Business performance
- 10.3.6 Key strategic moves and developments
- 10.4 cynosure inc
- 10.4.1 Company overview
- 10.4.2 Company snapshot
- 10.4.3 Operating business segments
- 10.4.4 Product portfolio
- 10.4.5 Business performance
- 10.4.6 Key strategic moves and developments
- 10.5 Hairline International Hair and Skin Clinic
- 10.5.1 Company overview
- 10.5.2 Company snapshot
- 10.5.3 Operating business segments
- 10.5.4 Product portfolio
- 10.5.5 Business performance
- 10.5.6 Key strategic moves and developments
- 10.6 La Mer Medical Spa and Yoga
- 10.6.1 Company overview
- 10.6.2 Company snapshot
- 10.6.3 Operating business segments
- 10.6.4 Product portfolio
- 10.6.5 Business performance
- 10.6.6 Key strategic moves and developments
- 10.7 Lira Style
- 10.7.1 Company overview
- 10.7.2 Company snapshot
- 10.7.3 Operating business segments
- 10.7.4 Product portfolio
- 10.7.5 Business performance
- 10.7.6 Key strategic moves and developments
- 10.8 LUTRONIC
- 10.8.1 Company overview
- 10.8.2 Company snapshot
- 10.8.3 Operating business segments
- 10.8.4 Product portfolio
- 10.8.5 Business performance
- 10.8.6 Key strategic moves and developments
- 10.9 Lynton Laser
- 10.9.1 Company overview
- 10.9.2 Company snapshot
- 10.9.3 Operating business segments
- 10.9.4 Product portfolio
- 10.9.5 Business performance
- 10.9.6 Key strategic moves and developments
- 10.10 Pure Luxe Medical
- 10.10.1 Company overview
- 10.10.2 Company snapshot
- 10.10.3 Operating business segments
- 10.10.4 Product portfolio
- 10.10.5 Business performance
- 10.10.6 Key strategic moves and developments
- 10.11 Regeneveda
- 10.11.1 Company overview
- 10.11.2 Company snapshot
- 10.11.3 Operating business segments
- 10.11.4 Product portfolio
- 10.11.5 Business performance
- 10.11.6 Key strategic moves and developments
- 10.12 Sciton, Inc
- 10.12.1 Company overview
- 10.12.2 Company snapshot
- 10.12.3 Operating business segments
- 10.12.4 Product portfolio
- 10.12.5 Business performance
- 10.12.6 Key strategic moves and developments
- 10.13 Lumenis
- 10.13.1 Company overview
- 10.13.2 Company snapshot
- 10.13.3 Operating business segments
- 10.13.4 Product portfolio
- 10.13.5 Business performance
- 10.13.6 Key strategic moves and developments
- 10.14 SEV Laser
- 10.14.1 Company overview
- 10.14.2 Company snapshot
- 10.14.3 Operating business segments
- 10.14.4 Product portfolio
- 10.14.5 Business performance
- 10.14.6 Key strategic moves and developments
- 10.15 SkinMD
- 10.15.1 Company overview
- 10.15.2 Company snapshot
- 10.15.3 Operating business segments
- 10.15.4 Product portfolio
- 10.15.5 Business performance
- 10.15.6 Key strategic moves and developments
- 10.16 Solta Medical
- 10.16.1 Company overview
- 10.16.2 Company snapshot
- 10.16.3 Operating business segments
- 10.16.4 Product portfolio
- 10.16.5 Business performance
- 10.16.6 Key strategic moves and developments
- 10.17 Venus Concept
- 10.17.1 Company overview
- 10.17.2 Company snapshot
- 10.17.3 Operating business segments
- 10.17.4 Product portfolio
- 10.17.5 Business performance
- 10.17.6 Key strategic moves and developments