Global Laser Hair Removal Market 2023-2029

Laser hair removal is a medical procedure that uses a concentrated beam of light (laser) to remove unwanted hair. During laser hair removal, a laser emits a light that is absorbed by the pigment (melanin) in the hair. The light energy is converted to heat, which damages the tube-shaped sacs within the skin (hair follicles) that produce hairs. This damage inhibits or delays future hair growth. The global laser hair removal market was estimated at USD 817 million in 2022 and is expected to hit USD 1,961 million by 2029, registering a CAGR of 13.3% from 2023 to 2029 as per the latest report by Gen Consulting Company.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global laser hair removal market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the laser type, end user, and region. The global market for laser hair removal can be segmented by laser type: alexandrite laser, diode laser, Nd:YAG laser. Among these, the diode laser segment was accounted for the highest revenue generator in 2022. Laser hair removal market is further segmented by end user: beauty clinics, dermatology clinics, home use, others. The beauty clinics segment is estimated to account for the largest share of the global laser hair removal market. Based on region, the laser hair removal market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America held the largest share of the global laser hair removal market in 2022 and is anticipated to hold its share during the forecast period.

Market Segmentation
By laser type: alexandrite laser, diode laser, Nd:YAG laser
By end user: beauty clinics, dermatology clinics, home use, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The market research report covers the analysis of key stake holders of the global laser hair removal market. Some of the leading players profiled in the report include Alma Lasers GMBH, Candela Corporation (Syneron Medical Ltd.), Cutera, Inc., Cynosure LLC, El.En. S.p.A. (DEKA M.E.L.A. S.r.l., Asclepion Laser Technologies GmbH), Fotona d.o.o., Hologic, Inc., LaserHQ Limited, Lumenis Be Ltd., Lutronic Corporation, Lynton Lasers Ltd, Quanta System S.p.A., Sciton, Inc., SharpLight Technologies Ltd., Sinclair Pharma plc (Viora Inc.), Venus Concept Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global laser hair removal market.
• To classify and forecast the global laser hair removal market based on laser type, end user, region.
• To identify drivers and challenges for the global laser hair removal market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global laser hair removal market.
• To identify and analyze the profile of leading players operating in the global laser hair removal market.

Why Choose This Report
• Gain a reliable outlook of the global laser hair removal market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.