The
global Hair Removal Devices Market size
is expected to reach USD 3.4 billion by 2025, according to a new report by
Grand View Research, Inc. It is anticipated to expand at a CAGR of 14.9% over
the forecast period. Growth in beauty consciousness particularly among women
has boosted the market. The male population is also following this trend due to
rise in awareness about grooming. This factor is projected to further fuel the
demand.
High
demand for noninvasive techniques for hair removal such as the laser treatment
owing to its benefits, such as precision and saving time and money in the long
run. Most hair removal devices can be used at home, which, in turn, is also
contributing to the high demand for personal noninvasive grooming techniques.
Availability
of technologically advanced products has also played an important role in
positively impacting the growth of the market. New laser devices emit longer
wavelengths of light, enabling them to focus only on the melanin present in
hair follicles. This eliminates the risk of skin burns. These factors are
expected to drive growth of the hair removal devices market over the years to
come.
Browse
Details of Report @
https://www.grandviewresearch.com/industry-analysis/hair-removal-devices-market
https://www.grandviewresearch.com/industry-analysis/hair-removal-devices-market
Further key findings from the study suggest:
- Laser
devices held the largest share of the hair removal devices market in 2017
owing to benefits such as painless treatment and rapid hair reduction
- Diode lasers
is a lucrative segment as these devices provide rapid hair reduction with
minimum adverse effects
- IPL systems
also held a high market share in 2017 as these devices are more affordable
than other devices
- In 2017,
beauty clinics dominated the market because a large number of women prefer
rapid treatment sessions unlike dermatology clinics
- Home use
segment is anticipated to exhibit impressive growth over the forecast
period due to easy availability of these devices through retail and online
distribution channels
- North
America held the largest market share in 2017 due to well-developed
healthcare infrastructure and growth in the number of hair reduction
procedures in U.S.
- Asia Pacific
is anticipated to witness highest growth over the forecast period owing to
increasing awareness about advanced equipment and availability of
affordable laser hair removal devices in China
- Some of the
key market players include Cynosure Inc.; Solta Medical, Inc.; Lumenis;
Alma Lasers; Syneron Medical Ltd.; Venus Concept Canada Corp.; and
Cutera.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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