Global Laser Hair Remover Market Report 2024: Size, Drivers, And Top Segments
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The laser hair remover market size has grown rapidly in recent years. It will grow from $0.77 billion in 2023 to $0.92 billion in 2024 at a compound annual growth rate (CAGR) of 19.0%. The growth in the historic period can be attributed to increasing beauty and grooming consciousness, rising disposable income, shift from traditional hair removal methods, marketing and branding strategies, increased availability and accessibility.
The laser hair remover market size is expected to see rapid growth in the next few years. It will grow to $1.71 billion in 2028 at a compound annual growth rate (CAGR) of 16.8%. The growth in the forecast period can be attributed to rising demand for at-home devices, shift towards sustainable beauty practices, widening acceptance and inclusivity, rise in online beauty retail, regulatory support and standards:. Major trends in the forecast period include integration of smart technologies, technological innovations in pulsed light device, technological miniaturization, advancements in laser technology, increased adoption of ipl technology.
The increasing demand for aesthetic procedures is expected to propel the growth of the laser hair remover market going forward. Aesthetic procedures refer to a wide range of medical treatments and interventions aimed at enhancing a person’s physical appearance. Laser hair removal is used in aesthetic procedures to reduce the incidence of ingrown hairs by using concentrated light beams to target and damage hair follicles, resulting in a significant reduction in hair growth.
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Major companies operating in the laser hair remover market are developing innovative products, such as, GentleMax Pro Plus to provide unmatched treatment. The GentleMax Pro Plus is a laser hair removal device designed to deliver superior performance in various treatments, including laser hair removal, rosacea, fine lines and wrinkles, and spider veins.
Which Market Players Are Driving Growth In The Laser Hair Remover Market?
Major companies operating in the laser hair remover market report are Merz Pharma GmbH & Co. KGaA, Shanghai Fosun Pharmaceutical Co.Ltd., Cynosure LLC, Bausch Health Companies Inc., Lumenis Ltd. , Sinclair Pharma Ltd., Cutera Inc. , Bosley Inc., Lutronic Corporation , Alma Lasers Ltd., Sciton, Inc. , Candela Corporation , Venus Concept , Solta Medical Inc. , Fotona d.o.o, Viora Inc. , SharpLight Technologies Ltd., SkinMD, Beijing Sanhe Beauty S&T Co., Ltd., Lynton Lasers Ltd., Theradome, Venn Healthcare, Lira Style, Canada MedLaser Inc., Krupa Medi Scan, Citation Spectrum Llc
How Is The Global Laser Hair Remover Market Segmented?
1) By Product: Diode; Alexandrite; Nd: YAG; Other Products
2) By Frequency Type: Multiple Standard Wavelengths; Specific Standard Wavelengths
3) By Gender: Male; Female
4) By End Use: Beauty Clinics; Dermatology Clinics; Hospitals; Home Use
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The Laser Hair Remover Global Market Report 2024 provides an overview of the laser hair removermarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The laser hair remover market forecast analyzes laser hair remover market size, laser hair remover market share, leading competitor and their market positions.
The Table Of Content For The Laser Hair Remover Market Include
1. Laser Hair Remover Market Executive Summary
2. Laser Hair Remover Market Segments
3. Laser Hair Remover Market Size And Template Market Growth Rate
4. Key Laser Hair Remover Market Trends
5. Major Laser Hair Remover Market Drivers
……
25. Key Mergers And Acquisitions In The Laser Hair Remover Market
26. Top Laser Hair Remover Companies
27. Laser Hair Remover Market Opportunities And Strategies
28. Laser Hair Remover Market, Conclusions And Recommendations
29. Appendix
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