Laser Hair Removal Market 2022-2027, Global Size, Growth, Industry Trends and Competitive Analysis

According to the latest report of the IMARC group, entitled “laser hair removal market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, the global laser hair removal market is expected to grow at a CAGR of 16.83% during the period 2022-2027. Laser hair removal is a non-invasive medical procedure that is generally adopted by dermatologists to remove unwanted hair from various parts of the body. This involves the use of a focused beam of light that penetrates the hair follicles to destroy hair growth. It is usually performed on the armpits, legs, arms, face and the bikini area to effectively retard hair growth for a longer period of time without damaging the surrounding skin.Since laser hair removal is less painful than conventional hair removal procedures, such as waxing and threading , she is gaining prominence among the masses.

We regularly monitor the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

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Market Trends and Drivers:

The global laser hair removal market is mainly driven by the growing preference for maintaining an aesthetic appearance among the masses. This is supported by changing lifestyle preferences and inflation in individuals’ disposable income levels. Moreover, continuous technological advancements such as the introduction of diode laser hair removal systems and Intense Pulsed Light (IPL) tools are gaining prominence among the masses. With this in mind, many leading players are investing heavily in product innovations, including the introduction of wearable hair removal devices, which is also a major growth driver. Additionally, the increasing penetration of specialty clinics and medical spas, along with the emergence of home care salon services, are driving the demand for laser hair removal treatments in several countries. Some of the other factors driving the growth of the market include developing aggressive marketing strategies and increasing investment in celebrity endorsements.

Laser hair removal Competitive analysis and market segmentation 2022-2027:

Competitive landscape with key players:

The competitive landscape of the Laser Hair Removal market has been studied in the report along with the detailed profiles of key players operating in the market.

Some of these key players include:

  • Alma Lasers Ltd. (Sisram Medical Ltd)
  • cutera inc.
  • Cynosure LLC
  • Lumenis Ltd.
  • Company LUTRONIC
  • Lynton Lasers Ltd.
  • Sciton inc.
  • SharpLight Technologies Ltd.
  • Solta Medical Inc. (Bausch Health Companies Inc.)
  • Syneron Medical Ltd.
  • Venus Concept Ltd.

Key Market Segmentation:

The report has segmented the global laser hair removal market on the basis of laser type, end-use, and region.

Breakdown by type of laser:

  • Diode
  • Alexandrite
  • Nd:YAG
  • Others

Breakdown by end use:

  • Beauty Clinics
  • Dermatology clinics
  • Others

Breakdown by region:

  • North America (USA, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, others)
  • Middle East and Africa (Egypt, United Arab Emirates, Saudi Arabia, Turkey, Qatar, Iran, Others)

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Main highlights of the report:

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