Published Date: 9-Mar-2021
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According to a new report Global Laser Hair Removal Market, published by KBV research, 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.
The Diode Laser market dominated the Global Laser Hair Removal Market by Laser Type in 2019. On dark terminal hair, these lasers offer optimal benefit while they are relatively less efficient on lighter. Although, manufacturers are consistently making efforts to generate the same kind of effect on light terminal hair as well. They include bigger portions of the body and have rapid repetition rates. Intense Pulsed Light (IPL) is considered equivalent to laser as it also takes the help of selective photothermolysis in order to remove hair. Additionally, The Alexandrite Laser market would showcase highest CAGR of 35.6% during (2020 - 2026).
Laser treatments are considered less harmful & painful as compared to conventional methods like waxing and hair plucking. Therefore, the rising popularity of the targeted treatment is impacting the growth of the segment positively. Due to the high-level safety and efficiency of the procedures given by dermatologists, the dermatology clinics segment would exhibit a significant growth during the forecast period.
The North America market dominated the Global Laser Hair Removal Market by Region in 2019. Asia-Pacific would showcase a promising growth rate during the forecast period due to the increasing rates of skin damage and rising population, particularly in China and India. Additionally, shifting patterns of lifestyles, increasing consumer disposable income levels, & the highly growing medical tourism industry in the developing countries of Asia Pacific are boosting the market growth.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
By Laser Type
By End Use
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