Rising Interest Spurs Laser Hair Removal Market Growth

The global laser hair removal market size is expected to be valued at USD 855.7 billion in 2024 and reach USD 2374.2 billion by 2029, growing at a CAGR of 22.64 % from 2024 to 2029.

Laser hair removal is a procedure that uses a laser or concentrated beam of light to remove hair in different areas of the body. It is one of the most common cosmetic procedures in developed countries.

Global Laser Hair Removal Market Report Scope:
• Market Size (2029): USD 2374.2 Billion
• Market Size (2024): USD 855.7 Billion
• CAGR (2024 to 2029): 22.64 %
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: Laser Type, End-Use, and Region.
• Geographies Covered: North America, Europe, APAC, Latin America, and Middle East & Africa.
• Key Market Players Lynton Lasers Ltd, Sciton, Inc., Viora, Inc., Lutronic Corporation, Alma Lasers Ltd., Cynosure, LLC, Lumenis Ltd. (XIO Group), Candela Medical Corporation, Bausch Health Companies, Inc., and Cutera, Inc. Are playing a dominant role in the global laser hair removal market.

The increasing concerns among people regarding beauty, majorly in females, and the growing trend of shifting toward the standard of living in developed and developing countries is driving the aesthetics industry, which enhances the adoption of laser hair removal and fuels the market revenue. According to American Society of Aesthetic Plastic Surgery statistics in 2021, laser hair removal through laser devices was marked in the top six most non-surgical treatments chosen by the people. The advantages of laser treatment include hair growth reduction, better finish, ease of availability, and boosting market expansion. The growing government approvals for the products with caution and an increasing number of laser device approvals by the FDA propels the adoption rate of laser hair removal devices. The rising disposable incomes of the people are influencing them to invest in beauty care products, and increasing product launches by the market players are escalating the market expansion. The growing technological advancements in aesthetic lasers, which are highly effective with safety precautions, and the rising trend of a combination of technologies are augmenting the market growth. The increasing demand for non-invasive treatment options to enhance people's physical appearance is fueling market share growth. Non-invasive procedures are gaining traction due to the minimal side effects compared to invasive methods, which enhances the approvals by the FDA and drives the global market revenue. Lifestyle issues and stress lead to hormonal imbalances in women, which induces unwanted hair growth across the body, demanding laser hair removal methods due to their advantages accelerate the global market growth.

The high costs associated with laser hair removal treatment are majorly hindering the global market. Risks or complications after laser hair removal, such as skin irritation, temporary discomfort, redness, swelling, and pigmentation, are commonly observed, which hampers the global market growth. Laser hair removal delays the efficiency of hair growth for a long time. Still, it is a temporary solution, which is expected to limit the adoption of laser procedures by impeding the market revenue. The need for awareness among people from low-background economies regarding the benefits of laser treatment is restraining the market.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/laser-hair-removal-market

Key Insights from The Report:
• Based on laser type, the diode segment led the market and accounted for the largest share of the global market in 2023.
• Based on End-User, the beauty clinics segment held the highest share of the global market in 2023.
• North America dominated the laser hair removal market in 2023. Europe accounted for second-highest share of the global market in 2023 and on the other hand, the Asia-Pacific region is estimated to grow at the fastest CAGR during the forecast period.
• Market Leaders Lynton Lasers Ltd, Sciton, Inc., Viora, Inc., Lutronic Corporation, Alma Lasers Ltd., Cynosure, LLC, Lumenis Ltd. (XIO Group), Candela Medical Corporation, Bausch Health Companies, Inc., and Cutera, Inc. are dominated the laser hair removal market.

SEGMENTATION INCLUDED IN THIS REPORT:
By Laser Type:
• Diode
• Nd: YAG
• Alexandrite
By End - User:
• Beauty Clinics
• Dermatology Clinics
• Home Use
By Region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Browse Regional Reports:
North America Laser Hair Removal Market Research Report - Segmented By Laser type, End-use, and country (United States, Canada, Mexico & Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/north-america-laser-hair-removal-market
Europe Laser Hair Removal Market Research Report - Segmented By Laser type, End-use, and country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/europe-laser-hair-removal-market
Asia-Pacific Laser Hair Removal Market Research Report - Segmented By Laser type, End-use, and country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) - Industry Analysis, Size, Share, Trends & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/apac-laser-hair-removal-market
Latin America Laser Hair Removal Market Research Report - Segmented By Laser type, End-use, and country (Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/latin-america-laser-hair-removal-market
Middle East & Africa Laser Hair Removal Market Research Report - Segmented By Laser type, End-use, and country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) -
https://www.marketdataforecast.com/market-reports/mea-laser-hair-removal-market

TABLE OF CONTENTS:
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferences
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market Share Analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquisition Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Global Laser Hair Removal Market - By Laser Type:
6.1.1 Diode
6.1.2 Nd: YAG
6.1.3 Alexandrite
6.1.4 Market Size Estimations & Forecasts (2024 - 2029)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Global Laser Hair Removal Market - By End-use:
6.2.1 Beauty Clinics
6.2.2 Dermatology Clinics
6.2.3 Home Use
6.2.4 Market Size Estimations & Forecasts (2024 - 2029)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2024 - 2029)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Laser Type:
7.2.3 By End-use:
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Laser Type:
7.3.3 By End-use:
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Laser Type:
7.4.3 By End-use:
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Laser Type:
7.5.3 By End-use:
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Laser Type:
7.6.3 By End-use:
8. Key Player Analysis
8.1 Lynton Lasers Ltd
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Sciton, Inc.
8.3 Viora, Inc.
8.4 Lutronic Corporation
8.5 Alma Lasers Ltd.
8.6 Cynosure
8.7 LLC
8.8 Lumenis Ltd
8.9 Candela Medical Corporation
8.10 Bausch Health Companies, Inc.
8.11 Cutera, Inc.
9. Market Outlook & Investment Opportunities
10. Appendix
List of Tables
List of Figures

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