Laser Hair Removal Market Trends, Segmentation and Future Scope

The global Laser Hair Removal Market size is anticipated to reach USD 1.87 billion by 2026 registering a CAGR of 15.9%, according to a new report by Grand View Research, Inc. Increasing demand for non-invasive hair removal procedures is expected to drive the market significantly in future. Introduction of ultra-technology in laser hair removal is another factor driving the market. It is more secure than earlier techniques. Asia Pacific is projected to expand at the fastest CAGR over the forecast period owing to rising cases of skin disorders in the emerging economies and increase disposable income levels. Moreover, rapidly expanding ecommerce industry in the region is driving the market as laser hair removal devices for home use are easily available through online portals.

Companies in the market are adopting growth strategies like innovations in the existing technologies, mergers and acquisitions, advancements in these devices, and more. Growing number of FDA-approved products, such as Veet Infini’Silk Pro, Remington IPL6000 I-Light Pro, and Silk’n Flash&Go, for men and women is also positively impacting the laser hair removal market growth. However, high cost of hair removal treatments at beauty centers or dermatology clinics is restraining the market development. On the other hand, growing number of hair removal devices that are cleared by FDA and are comparatively cheaper than the procedures creates numerous growth opportunities for the market. In addition, increasing disposable income levels and high growth potential in emerging regions of Asia Pacific will drive the market further.

Browse Details of Report @
https://www.grandviewresearch.com/industry-analysis/laser-hair-removal-market

Further key findings from the study suggest:

• Nd:YAG laser is expected to be the fastest-growing type segment over the forecast period while diode segment is expected to account for the largest market share
• Beauty clinics segment is expected to lead the global market owing to increasing demand for advanced aesthetics devices for hair removal
• Dermatology clinics are also likely to witness healthy growth due to the availability of skilled professionals and extremely safe treatments
• North America is projected to be the dominant regional market owing to quick adoption of innovative devices and presence of a number of well-established dermatology clinics
• Some of the key companies in the laser hair removal market are Syneron Medical Ltd.; Sciton, Inc.; Alma Lasers, Ltd.; Cynosure, Inc.; Cutera, Inc.; Lumenis Ltd.; Lutronic Corp.; Lynton Lasers Ltd.; Solta Medical, Inc.; Strata Skin Sciences, Inc.; and Venus Concept Canada Corp.

 About Us:
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