Laser hair removal market is expected to register a healthy CAGR of 16.13% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the growing awareness and preference amongst individuals globally to maintain an enhanced level of aesthetic appearance.
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Few of the major competitors currently working in the global laser hair removal market are Solta Medical; Cynosure LLC; Lumenis; Venus Concept; CANDELA CORPORATION; Alma Lasers; Shanghai Fosun Pharmaceutical（Group）Co., Ltd.; LUTRONIC; Sciton, Inc.; Cutera; El.En. S.p.A.; Lynton Lasers and SharpLight Technologies Inc among others.
Why to purchase this report?
Following are the reasons to consider this Laser Hair Removal report:
- This ultimate guide will help you stay ahead in market as it furnishes you with the profiles of the key market players and their working methodologies and their decision making capabilities.
- The report analyzes various factors which act as drivers and restraints to development the overall Laser Hair Removal market.
- This report not only analyzes present market condition but it likewise estimates how the Laser Hair Removal market is going to perform for estimated time period of 2019-2026.
- It enables you to adopt smart methodologies and form better decisions by giving a clear idea about customer’s requirement and preferences regarding the product in particular region.
Key Developments in the Market:
- In January 2019, Alma Lasers announced the launch of their new hair removal platform. “Soprano Titanium” which offers the major benefits required in any laser hair removal procedure, including ‘speed’, ‘efficacy’ and ‘comfort’. The various features offered with the platform enable two sequential applications simplification and shortening of hair
- In October 2018, Lumenis announced the launch of “SPLENDOR X”, designed with unique “BLEND X” technology for highly efficient and effective hair removal procedures and other skin solutions. The solid state laser system was exhibited at the “2018 American Society of Dermatological Surgery – ASDS” held in Phoenix, Arizona, United States from October 11-14th, 2018. This new addition to their hair removal product offerings will help the users to customize according to their own requirements and needs for all kinds of skin and hair type
- Various technological innovations and advancements in the market resulting in better range of products and services relating to aesthetic lasersis expected to boost the growth of the market
- Growth of non-invasive hair removal services and procedures also fuels the market growth
- Increased levels of disposable income of individuals is expected to drive the growth of the market
- Growing rate of demand for home-based laser hair removal devices is also expected to drive the growth of the market
- High costs associated with these devices resulting in higher overall cost of the procedures is expected to restrict the growth of the market
- Availability of alternative enhanced beauty treatment solutions is expected to restrict the growth of the market
- Vulnerable nature of supply of materials for laser treatments is expected to restrict the growth of the market
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Segmentation: Global Laser Hair Removal Market
By Laser Type
- Diode Laser
- Nd:YAG Laser
- Alexandrite Laser
- Multiple Standard Wavelengths
- Specific Standard Wavelengths
- Beauty Clinics
- Dermatology Clinics
- Home Use
- North America
- South America
- Middle East and Africa
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