Laser Hair Removal Market Set to Reach Valuation of USD 3,792.85 million with growing CAGR of 18.90% By 2030, Share, Demand, Key Players, Industry Size & Future Growth Analysis

New York – United States

The comprehensive industry research on “Laser Hair Removal Market” published by Data Bridge Market research which includes growth analysis, regional marketing, challenges, opportunities, and drivers analyzed in the report. A top notch Laser Hair Removal Market report has an evaluation of the factors influencing the supply and demand of the related products and services, and challenges reckoned by market players.

The report begins with a market outlook together with the data integration and capabilities study with the appropriate findings. It has projected strong upcoming growth of the market. The document gives a brief introduction to the research report outlook, TOC, list of tables and figures, an outlook to key players of the market and comprising key regions. An extensive summary of the Laser Hair Removal Market comprises prominent market that includes several major market leaders in the report.

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Data Bridge Market Research analyses that the laser hair removal market, which was USD 949.53 million in 2022, would rise to USD 3,792.85 million by 2030 and is expected to undergo a CAGR of 18.90% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Synopsis: –

Laser hair removal is the process of eliminating unwanted hair from the body of an individual by exposing it to laser light. The laser machine or equipment exposes a patient’s body area to laser light wherever required. It also eliminates any hair follicle from that specific area. Hair color and skin type stimulate the success of laser hair removal. The main principle behind the conduction process is that the hair’s pigment, but not the skin’s pigment, should absorb the light.

The shifting trend toward maintaining optimal aesthetic beauty is one of the main factors enhancing the market. Mixing modalities are gaining much popularity with great results in just one treatment. It enables specialists to control photo-rejuvenation facials in only 15 minutes. It has been witnessed that the Nd: YAG laser type segment in the U.S. is anticipated to expand at a revenue share of 18.6% during the forecast period.

Some of the major players operating in the laser hair removal market are:

  • Solta Medical (U.S.)
  • Cynosure Inc. (U.S.)
  • Lumenis, LUTRONIC (U.S.)
  • Merz Pharma (Germany)
  • Sciton (U.S.)
  • Candela Corporation (U.S.)
  • Venus Concept (Canada)
  • Candela Corporation (U.S.)
  • Alma Lasers (Israel)
  • Shanghai Fosun Pharmaceutical(Group)Co., Ltd (China)
  • Cutera (U.S.)
  • SkinMD (U.S.)

Recent Development

• In 2020, Lira Style launched a laser-powered hair removal medical device called Cervello. This device provides hair removal treatment available for all skin types with a combination of Alexandrite, diode, or Nd: YAG

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The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the Laser Hair Removal Market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Laser Hair Removal Market.

Global Laser Hair Removal Market Scope

The laser hair removal market is segmented on the basis of laser type, frequency type, gender, age group and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Laser Type

  • Diode
  • Nd: YAG
  • Alexandrite

Frequency Type

  • Multiple Standard Wavelengths
  • Specific Standard Wavelengths

Gender

  • Male
  • Female

Age Group

  • 13-29
  • 30-54
  • 55-69

End Use

  • Beauty Clinics
  • Dermatology Clinics
  • Hospitals
  • Home Use

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