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Global Laser Hair Removal Market By Laser Type (Diode Laser, Nd:YAG Laser and Alexandrite Laser), By End Use (Beauty Clinics, Dermatology Clinics and Home Use), By Region, Industry Analysis and Forecast, 2020 - 2026

  • ID: 5305612
  • Report
  • February 2021
  • Region: Global
  • 140 pages
  • Marqual IT Solutions Pvt. Ltd (KBV Research)

FEATURED COMPANIES

  • Alma Lasers Ltd.
  • Cutera, Inc.
  • Cynosure, LLC
  • Lumenis Ltd. (XIO Group)
  • Lutronic Corporation
  • Lynton Lasers Ltd.
The Global Laser Hair Removal Market size is expected to reach $1.2 billion by 2026, rising at a market growth of 35.4% CAGR during the forecast period. In our daily life, human hair plays a major role. Dermatologists hold an important position in addressing issues related to sparse & excessive hair growth. The cause of this extra hair growth may either be the genetics of a person or organic in nature. A person who opts for the removal of these hairs generally has excessive growth in unwanted locations or has problems emerging from abnormal hair growth patterns on normal skin. People who have darker skin types are more prone to complexities and therefore a deep understanding of the pathophysiology of excessive hair growth & the modalities of their treatment should be examined.

For a long time, there are conventional hair removal procedures such as shaving, epilation, waxing, and tweezing. In the early 20th century, Radiograph machines were adopted for the removal of facial hair, although with corresponding complexities. For years, Electrolysis was utilized for a quite long time and has shown effective results based on the skill of the treatment provider. The emergence of medical lasers resulted in a high-level of research in controlling skin problems including hair removal.

The procedure of hair removal through exposure to pulses of laser light that eradicate the hair follicle is termed laser hair removal. It is considered as a type of laser device to destroy a person's body hair in beauty spas and hospitals around the world. The growth of the market is anticipated to be fueled by the rising demand for non-invasive hair removal methods. Moreover, the market growth is also boosted by technological developments such as the advent of ultra-technology.

Laser Type Outlook

Based on Laser Type, the market is segmented into Diode Laser, Nd:YAG Laser and Alexandrite Laser. The diode segment acquired the prominent revenue share of the laser hair removal market in 2019. The major revenue is credited to the high accuracy provided by these products. Diode lasers are capable of targeting a specific body part and efficiently damage the hair without causing harm to the nearby skin of the area. Moreover, the product demand is expected to increase owing to the feasible time needed for removing hair as per the area of the body and volume of hair.

End Use Outlook

Based on End Use, the market is segmented into Beauty Clinics, Dermatology Clinics and Home Use. The beauty clinics segment has generated the maximum market revenue in 2019 and is expected to witness a promising growth rate during the forecast period, owing to the rapid adoption & broad utilization of technologically advanced products in beauty clinics. Additionally, the growth of the segment is fuelled by the rising demand for non-invasive hair removal techniques. Laser treatments are considered less harmful & painful as compared to conventional methods like waxing and hair plucking.

Regional Outlook

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. In 2019, North America garnered the maximum revenue share of the market due to surging demand for hair removal treatments, the presence of well-established dermatology clinics, & the availability of various skilled professionals in the region. Experts in North America extensively utilized aesthetic lasers for several purposes.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cutera, Inc., Bausch Health Companies, Inc., Candela Medical Corporation, Lumenis Ltd. (XIO Group), Cynosure, LLC, Alma Lasers Ltd., Lutronic Corporation, Viora, Inc., Sciton, Inc., and Lynton Lasers Ltd.

Strategies deployed in Laser Hair Removal Market

Nov-2020: Sciton expanded its geographical footprints by setting up direct operations in the United Kingdom and Ireland. By this expansion, Sciton expands its marketing, sales, clinical education, and service capabilities through direct operations. The U.K. is an essential market for Sciton's global growth strategy, and to introduce their innovative aesthetic technologies with an outstanding customer experience.

Jun-2020: Cynosure launched the Elite iQ platform, the next generation of the Elite+ Aesthetic Workstation. The platform enables quick treatments with higher energy in comparison to previous generation devices. The Elite iQ platform uses Skintel, the aesthetic industry's only live Melanin Reader, to provide personalized laser hair removal treatments and forever eliminate unwanted hair for all skin types.

Mar-2020: Viora unveiled a new device, DioBreeze. This device helps in eliminating the permanent hair results comfortably, faster, and without pain.

Mar-2020: Lumenis introduced its newest, innovative platform, the Stellar M22. The platform is a versatile multi-application platform, which is built on the heritage of the iconic M22 and leads the category.

Mar-2020: Lumenis collaborated with Australian Skin Clinics, along with SPLENDOR X technology. Under this collaboration, Lumenis selected Australian Skin Clinics and the SPLENDOR X technology as a supplier to enhance their laser hair removal portfolio around their new clinics for 2020 and beyond. Australian Skin Clinics were finding a device that can fulfill a high level of clinical results and provides the customers a more efficient and effective solution.

Jan-2020: Lumenis introduced its newest platform, the LightSheer Quattro. The platform is the latest addition to the premium Lumenis LightSheer family that strengthened its position in the market, as a flagship solution in the diode laser hair removal sector.

Oct-2019: Lutronic got the clearance for the Clarity II 755nm and 1064nm wavelength platform by the U.S. Food and Drug Administration. Clarity II is a high-power, dual-wavelength platform that efficiently provides the industry’s broadest range of parameters to assist safe and efficient treating the wide indications with ease.

Feb-2019: Alma Lasers launched a new hair removal device, the Soprano Titanium. The device features the company’s new Quattro 3D applicator handpiece, which has a spot size of 4cm and delivers three laser wavelengths: 755 nm, 810 nm, and 1064 nm to treat all skin types.

Dec-2018: Alma Lasers agreed to acquire Nova Medical. This acquisition helped Alma to extend its business reach and set up a direct-to-consumer operation in Israel. Under this acquisition, Alma will hold a 60% stake in Nova Medical and this also helps Alma offer on its plan to continue its leading position and strengthen brand awareness among consumers.

Oct-2018: Lumenis launched SPLENDOR X, the first solid-state laser system implemented with the distinct BLEND X technology for fast and effective hair removal and skin solutions. SPLENDOR X treats a broad range of hair removal processes with BLEND X.

Oct-2018: Syneron Candela expanded its geographical footprints by establishing Syneron Candela Korea Co. Ltd., a new headquarters. Syneron Candela Korea Co. Ltd. supports all commercial activities for the whole Syneron Candela portfolio of products in Korea. The new headquarter provides Syneron Candela clients with direct support to fulfill capital requirements for their practice and a high level of service, technical, training, education, and clinical support.

Sep-2018: Syneron Candela acquired Denmark’s Ellipse Danish company. The acquisition includes Nordlys IPL multi-application, multi-tech IPL, and the Nd:YAG platform developed for vascular and pigmented lesions and hair removal. Under the acquisition, Ellipse strengthened its footprint in the multi-application space and offered its customers a complete portfolio.

Feb-2018: Lynton came into partnership with DEKA, a New Hampshire-based company. Through this partnership, Lynton supported DEKA, in the launch of its latest alexandrite hair removal laser, the Motus AX. This partnership opens the essential channels for UK clinics to launch revolutionary technology.

Scope of the Study

Market Segments covered in the Report:

By Laser Type
  • Diode Laser
  • Nd:YAG Laser
  • Alexandrite Laser
By End Use
  • Beauty Clinics
  • Dermatology Clinics
  • Home Use
By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
Companies Profiled
  • Cutera, Inc.
  • Bausch Health Companies, Inc.
  • Candela Medical Corporation
  • Lumenis Ltd. (XIO Group)
  • Cynosure, LLC
  • Alma Lasers Ltd.
  • Lutronic Corporation
  • Viora, Inc.
  • Sciton, Inc.
  • Lynton Lasers Ltd.
Unique Offerings from the Publisher
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Alma Lasers Ltd.
  • Cutera, Inc.
  • Cynosure, LLC
  • Lumenis Ltd. (XIO Group)
  • Lutronic Corporation
  • Lynton Lasers Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Laser Hair Removal Market, by Laser Type
1.4.2 Global Laser Hair Removal Market, by End Use
1.4.3 Global Laser Hair Removal Market, by Geography
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Recent Developments in Laser Hair Removal Market - Global

Chapter 4. Global Laser Hair Removal Market by Laser Type
4.1 Global Diode Laser Market by Region
4.2 Global Nd:YAG Laser Market by Region
4.3 Global Alexandrite Laser Market by Region

Chapter 5. Global Laser Hair Removal Market by End Use
5.1 Global Beauty Clinics Market by Region
5.2 Global Dermatology Clinics Market by Region
5.3 Global Home Use Market by Region

Chapter 6. Global Laser Hair Removal Market by Region
6.1 North America Laser Hair Removal Market
6.1.1 North America Laser Hair Removal Market by Laser Type
6.1.1.1 North America Diode Laser Market by Country
6.1.1.2 North America Nd:YAG Laser Market by Country
6.1.1.3 North America Alexandrite Laser Market by Country
6.1.2 North America Laser Hair Removal Market by End Use
6.1.2.1 North America Beauty Clinics Market by Country
6.1.2.2 North America Dermatology Clinics Market by Country
6.1.2.3 North America Home Use Market by Country
6.1.3 North America Laser Hair Removal Market by Country
6.1.3.1 US Laser Hair Removal Market
6.1.3.1.1 US Laser Hair Removal Market by Laser Type
6.1.3.1.2 US Laser Hair Removal Market by End Use
6.1.3.2 Canada Laser Hair Removal Market
6.1.3.2.1 Canada Laser Hair Removal Market by Laser Type
6.1.3.2.2 Canada Laser Hair Removal Market by End Use
6.1.3.3 Mexico Laser Hair Removal Market
6.1.3.3.1 Mexico Laser Hair Removal Market by Laser Type
6.1.3.3.2 Mexico Laser Hair Removal Market by End Use
6.1.3.4 Rest of North America Laser Hair Removal Market
6.1.3.4.1 Rest of North America Laser Hair Removal Market by Laser Type
6.1.3.4.2 Rest of North America Laser Hair Removal Market by End Use
6.2 Europe Laser Hair Removal Market
6.2.1 Europe Laser Hair Removal Market by Laser Type
6.2.1.1 Europe Diode Laser Market by Country
6.2.1.2 Europe Nd:YAG Laser Market by Country
6.2.1.3 Europe Alexandrite Laser Market by Country
6.2.2 Europe Laser Hair Removal Market by End Use
6.2.2.1 Europe Beauty Clinics Market by Country
6.2.2.2 Europe Dermatology Clinics Market by Country
6.2.2.3 Europe Home Use Market by Country
6.2.3 Europe Laser Hair Removal Market by Country
6.2.3.1 Germany Laser Hair Removal Market
6.2.3.1.1 Germany Laser Hair Removal Market by Laser Type
6.2.3.1.2 Germany Laser Hair Removal Market by End Use
6.2.3.2 UK Laser Hair Removal Market
6.2.3.2.1 UK Laser Hair Removal Market by Laser Type
6.2.3.2.2 UK Laser Hair Removal Market by End Use
6.2.3.3 France Laser Hair Removal Market
6.2.3.3.1 France Laser Hair Removal Market by Laser Type
6.2.3.3.2 France Laser Hair Removal Market by End Use
6.2.3.4 Russia Laser Hair Removal Market
6.2.3.4.1 Russia Laser Hair Removal Market by Laser Type
6.2.3.4.2 Russia Laser Hair Removal Market by End Use
6.2.3.5 Spain Laser Hair Removal Market
6.2.3.5.1 Spain Laser Hair Removal Market by Laser Type
6.2.3.5.2 Spain Laser Hair Removal Market by End Use
6.2.3.6 Italy Laser Hair Removal Market
6.2.3.6.1 Italy Laser Hair Removal Market by Laser Type
6.2.3.6.2 Italy Laser Hair Removal Market by End Use
6.2.3.7 Rest of Europe Laser Hair Removal Market
6.2.3.7.1 Rest of Europe Laser Hair Removal Market by Laser Type
6.2.3.7.2 Rest of Europe Laser Hair Removal Market by End Use
6.3 Asia Pacific Laser Hair Removal Market
6.3.1 Asia Pacific Laser Hair Removal Market by Laser Type
6.3.1.1 Asia Pacific Diode Laser Market by Country
6.3.1.2 Asia Pacific Nd:YAG Laser Market by Country
6.3.1.3 Asia Pacific Alexandrite Laser Market by Country
6.3.2 Asia Pacific Laser Hair Removal Market by End Use
6.3.2.1 Asia Pacific Beauty Clinics Market by Country
6.3.2.2 Asia Pacific Dermatology Clinics Market by Country
6.3.2.3 Asia Pacific Home Use Market by Country
6.3.3 Asia Pacific Laser Hair Removal Market by Country
6.3.3.1 China Laser Hair Removal Market
6.3.3.1.1 China Laser Hair Removal Market by Laser Type
6.3.3.1.2 China Laser Hair Removal Market by End Use
6.3.3.2 Japan Laser Hair Removal Market
6.3.3.2.1 Japan Laser Hair Removal Market by Laser Type
6.3.3.2.2 Japan Laser Hair Removal Market by End Use
6.3.3.3 India Laser Hair Removal Market
6.3.3.3.1 India Laser Hair Removal Market by Laser Type
6.3.3.3.2 India Laser Hair Removal Market by End Use
6.3.3.4 South Korea Laser Hair Removal Market
6.3.3.4.1 South Korea Laser Hair Removal Market by Laser Type
6.3.3.4.2 South Korea Laser Hair Removal Market by End Use
6.3.3.5 Singapore Laser Hair Removal Market
6.3.3.5.1 Singapore Laser Hair Removal Market by Laser Type
6.3.3.5.2 Singapore Laser Hair Removal Market by End Use
6.3.3.6 Malaysia Laser Hair Removal Market
6.3.3.6.1 Malaysia Laser Hair Removal Market by Laser Type
6.3.3.6.2 Malaysia Laser Hair Removal Market by End Use
6.3.3.7 Rest of Asia Pacific Laser Hair Removal Market
6.3.3.7.1 Rest of Asia Pacific Laser Hair Removal Market by Laser Type
6.3.3.7.2 Rest of Asia Pacific Laser Hair Removal Market by End Use
6.4 LAMEA Laser Hair Removal Market
6.4.1 LAMEA Laser Hair Removal Market by Laser Type
6.4.1.1 LAMEA Diode Laser Market by Country
6.4.1.2 LAMEA Nd:YAG Laser Market by Country
6.4.1.3 LAMEA Alexandrite Laser Market by Country
6.4.2 LAMEA Laser Hair Removal Market by End Use
6.4.2.1 LAMEA Beauty Clinics Market by Country
6.4.2.2 LAMEA Dermatology Clinics Market by Country
6.4.2.3 LAMEA Home Use Market by Country
6.4.3 LAMEA Laser Hair Removal Market by Country
6.4.3.1 Brazil Laser Hair Removal Market
6.4.3.1.1 Brazil Laser Hair Removal Market by Laser Type
6.4.3.1.2 Brazil Laser Hair Removal Market by End Use
6.4.3.2 Argentina Laser Hair Removal Market
6.4.3.2.1 Argentina Laser Hair Removal Market by Laser Type
6.4.3.2.2 Argentina Laser Hair Removal Market by End Use
6.4.3.3 UAE Laser Hair Removal Market
6.4.3.3.1 UAE Laser Hair Removal Market by Laser Type
6.4.3.3.2 UAE Laser Hair Removal Market by End Use
6.4.3.4 Saudi Arabia Laser Hair Removal Market
6.4.3.4.1 Saudi Arabia Laser Hair Removal Market by Laser Type
6.4.3.4.2 Saudi Arabia Laser Hair Removal Market by End Use
6.4.3.5 South Africa Laser Hair Removal Market
6.4.3.5.1 South Africa Laser Hair Removal Market by Laser Type
6.4.3.5.2 South Africa Laser Hair Removal Market by End Use
6.4.3.6 Nigeria Laser Hair Removal Market
6.4.3.6.1 Nigeria Laser Hair Removal Market by Laser Type
6.4.3.6.2 Nigeria Laser Hair Removal Market by End Use
6.4.3.7 Rest of LAMEA Laser Hair Removal Market
6.4.3.7.1 Rest of LAMEA Laser Hair Removal Market by Laser Type
6.4.3.7.2 Rest of LAMEA Laser Hair Removal Market by End Use

Chapter 7. Company Profiles
7.1 Cutera, Inc.
7.1.1 Company Overview
7.1.1 Financial Analysis
7.1.2 Regional Analysis
7.1.3 Research & Development Expense
7.2 Bausch Health Companies, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 Candela Medical Corporation
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Acquisition and Mergers:
7.3.2.2 Geographical Expansions:
7.4 Lumenis Ltd. (XIO Group)
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Partnerships, Collaborations, and Agreements:
7.4.2.2 Product Launches and Product Expansions:
7.5 Cynosure, LLC
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and Product Expansions:
7.6 Alma Lasers Ltd.
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Acquisition and Mergers:
7.6.2.2 Product Launches and Product Expansions:
7.7 Lutronic Corporation
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Approvals:
7.8 Viora, Inc.
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.9 Sciton, Inc.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Geographical Expansions:
7.10. Lynton Lasers Ltd.
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
7.10.2.2 Product Launches and Product Expansions:
Note: Product cover images may vary from those shown
  • Cutera, Inc.
  • Bausch Health Companies, Inc.
  • Candela Medical Corporation
  • Lumenis Ltd. (XIO Group)
  • Cynosure, LLC
  • Alma Lasers Ltd.
  • Lutronic Corporation
  • Viora, Inc.
  • Sciton, Inc.
  • Lynton Lasers Ltd.
Note: Product cover images may vary from those shown

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