Hair Removal Devices Market Size, Share & Trends Analysis Report By Product (Laser, Intense Pulse Light), By End Use (Beauty, Dermatology Clinics, Home Use), By Region, And Segment Forecasts, 2018 - 2025
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Hair removal devices market
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Hair Removal Devices MarketNew Opportunities For Industry Growth
And Forecast To 2025 | Grand View Research, Inc
The global hair removal devices market size is expected to reach USD 3.4 billionby 2025, according to a new report
by Grand ViewResearch,Inc. It isanticipated to expandat a CAGR of 14.9% overthe 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 moneyin the long run. Most hair removal devicescan be used at home,which, in turn,
is also contributing to the high demand for personal noninvasive grooming techniques.
Availabilityof technologicallyadvanced products has also played an important role in positivelyimpactingthe growth
of the market. Newlaserdevicesemitlonger wavelengthsof light,enablingthemto focus onlyon the melaninpresent
in hair follicles.This eliminatesthe 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 @ www.grandviewresearch.com/industry-analysis/hair-removal-devices-market
“The global hair removal devices market size was valued at USD 1.2 billion in
2017. It is anticipated to expand at a CAGR of 14.9% over theforecast period.”
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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 lasersis a lucrative segmentas these devicesprovide rapid hair reduction with minimumadverse effects
IPL systems also held a high market share in 2017 as these devices are more affordable than other devices
In 2017, beautyclinicsdominatedthe market because a large number of womenpreferrapidtreatment sessions
unlike dermatology clinics
Home use segment is anticipated to exhibitimpressive 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 ViewResearch has segmentedthe global hair removal devices market report on the basis of product, end use,
and region:
Hair Removal Devices Product Outlook (Revenue, USD Million, 2014 - 2025)
Laser
Intense Pulse Light
Other Energy-based
Hair Removal Devices End-use Outlook (Revenue, USD Million, 2014 - 2025)
Beauty Clinics
Dermatology Clinics
Home Use
Hair Removal Devices Regional Outlook (Revenue, USD Million, 2014 - 2025)
North America
Europe
Asia Pacific
Latin America
MEA
Browse Related Category Reports @ www.grandviewresearch.com/industry/medical-devices
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