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.
For full research report on Hair
Removal Devices Market visit here: 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.
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here: https://www.grandviewresearch.com/industry-analysis/hair-removal-devices-market/request/rs1
Grand
View Research has segmented the 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
- Diode Laser
- Nd: YAG Laser
- Alexandrite 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
- U.S.
- Canada
- Europe
- Germany
- U.K.
- Asia Pacific
- Japan
- China
- India
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
About Grand View Research
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, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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