Laser Hair Removal Market Growth, Share, Trends and Overview 2023-2029

The global laser hair removal market is anticipated to grow at a CAGR of 18.5% during the forecast period. Several technological advancements in laser hair removal are augmenting market growth. Advances in laser hair removal are focused around improving the efficacy of results, faster treatment time, safety of the patients, and making the procedure as painless. The latest trend in laser hair removal includes the introduction of multiple wavelengths and product launches with a combination of technologies. Companies are introducing the latest laser hair removal machines with triple wavelengths and even quadruple wavelengths in a single device. These types of machines support targeting different thicknesses of hair with ease. For instance, DermaJEM offers the Anima Forza Tri-Diode Laser which has a triple wavelength diode laser featuring 755,808, and 1064 wavelengths.

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Another trend in the market is the efforts of the companies in launching effective devices having a combination of technologies for effective hair removal and reduction. For instance, in 2020, Lira Style announced the launch of its newest platform, the Cervello. The device offers clinically proven laser hair removal treatments for all skin types with a combination of 755 Alexandrite, 808 Diode, and 1064 long pulsed YAG. The Cervello provides speed, efficacy, virtually pain-free treatments and a max-cooling system to -5 degrees Celsius. The product is compact and portable, which makes it well suited for a medspa, medical office, or dermatology practice, offering a quick return on investment, with no consumables. Such innovations are likely to boost the product's demand in the forecasting years.

Market Coverage

• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Alma Lasers GMBH, Candela Corp., Cutera, Inc., Cynosure, LLC, Venus Concept, and others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Laser Hair Removal Market Report by Segment

By Type

• Alexandrite Laser Hair Removal
• Diode Laser Hair Removal
• Nd:YAG Laser Hair Removal
• Ruby Laser Hair Removal
• Others

By End-User

• Homecare
• Dermatology Clinics
• Beauty Clinics

A full report of Laser Hair Removal Market is available at: https://www.omrglobal.com/industry-reports/laser-hair-removal-market

Global Laser Hair Removal Market Report by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Anchorfree
• Bausch Health Companies Inc.
• Beijing ADSS Development Co.,Ltd
• Cynosure
• DermaJEM
• Fotona d.o.o.
• Gunze Ltd.
• Milan Laser
• Lira Style Corp.
• Lumenis Be Ltd.
• Lynton Lasers Ltd.

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