The Laser hair removal market size is projected to reach US$ 1,465.70 million by 2030 from US$ 539.44 million in 2022. The market is expected to register a CAGR of 13.31% during 2022–2030. Advancements in laser hair removal products are likely to remain key trends in the market.
Laser hair removal market is driven by the increasing number of hair removal procedures and development of devices with combination of different modalities. Additionally, surging product innovation and launches by various market players followed by increased demand for permanent hair removal solution due to its safety and effectiveness are contributing the market growth. Moreover, rising popularity of laser-based hair removal among men creates lucrative opportunities in the coming years.
the increasing number of hair removal procedures and development of devices with combination of different modalities are the major factors driving the market growth. North America dominated the laser hair removal market owing to the increasing cases of hair fall causing disorders such as Hirsutism, PCOS, and the rising number of hair removal treatments owing to the vast presence of beauty clinics in US and Canada. The growing medical tourism in Mexico for non-surgical beauty treatments is additionally driving the laser hair removal market in North America. Asia Pacific is anticipated to register the highest growth rate due to the rising incidence of skin rejuvenation, growing awareness of cosmetic procedures to improve aesthetic appeal, and the rise of its wealthy middle class. People have grown more aware of beauty issues, becoming well-informed about aesthetic treatments, and the increase in healthcare expenditure and availability of technological advancements in aesthetic products help boost the growth of the laser hair removal market in the region.
Regional Overview
Many lasersnm laser
The Quanta Systems Thunder MT system by Advanced Esthetics Solutions blends Alexandrite and Nd: YAG, delivering outstanding results in a wide range of treatments. The system uses both these wavelengths in simultaneous, sequential and singular modes, depending on the treatment and customers' needs. Optiscan TH head incorporated in Thunder TH allows for semiautomatic treatment of wide scanning areas, reducing the treatment time and making it more effective. Thunder is suitable for hair removal applications for all skin types. It is also used to treat vascular lesions, skin rejuvenation, pigmentation, and onychomycosis, among other issues. Thus, the introduction of laser hair removal devices with combined modalities boosts the overall laser hair removal market growth.
Laser hair removal is rapidly gaining traction in modern cosmetic dermatology. The standards of aesthetics and beauty are transforming every day for men and women alike. Men are willing to try out laser treatments for removing excessive hair, generally on the face, and neck, back, and chest parts. They especially appreciate the diode laser’s ability to remove even the coarsest hair from relatively large body areas. Getting rid of unwanted hair with the traditional methods is often painful, time-consuming, and gives temporary results that last for a few days to a few weeks. Therefore, just like women, men are also opting for long-lasting body hair removal treatments. Laser hair removal treatments for men offer a remarkable solution for eradicating pesky hair from hard-to-reach areas such as the back, shoulders, and buttocks, ensuring smooth and appealing surfaces.
This treatment is also deemed perfect for urban men who desire a neat and hygienic appearance, and it also serves as an ideal alternative to traditional hair removal methods that are tedious, time-consuming, and messy. Mankini laser hair removal is the male equivalent to full Brazilian laser hair removal. Mankini laser treatments are part of the growing manscaping trends amongst men.
Key segments that contributed to the derivation of the Laser hair removal market analysis are laser type, product type, end user.
The geographic scope of the Laser hair removal market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America has dominated the market owing to the increasing cases of hair fall causing disorders such as Hirsutism, PCOS, and the rising number of hair removal treatments owing to the vast presence of beauty clinics in US and Canada. The growing medical tourism in Mexico for non-surgical beauty treatments is additionally driving the laser hair removal market in North America. Moreover, new products launch in the region by major market players headquartered in the region. Asia Pacific is anticipated to grow with the highest CAGR in the coming years.
The Laser hair removal market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Laser hair removal market are listed below:
The “Laser Hair Removal Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
