Impact of COVID-19 on Global Laser Hair Removal Market 2021 – Future Development, Key Players, Trends, Share, Size and Forecast Shared in Report



Global Laser Hair Removal Market

Global Laser Hair Removal Market industry research report 2021-2027 presents accurate information and comprehensive analysis of the market size, market share, recent trends, growth of the market industry, manufacturers, distributors and dealers. The report also includes a discussion of the impact and recovery of the Covid-19 pandemic, opportunities and strategies to drive growth.

The Laser Hair Removal Market industry report 2021-2027 offers facts and figures regarding the market size, revenue forecast and geographic landscape of the Laser Hair Removal market. The Laser Hair Removal Market industry research report provides an in-depth analysis of the factors influencing the global scope of business. The Laser Hair Removal market research report shows the recent developments, the analysis of the current situation, and the breakdown of the products and services. The report offers key statistics on the market status, size, share, growth factors of the Laser Hair Removal Market. The report includes key players’ data such as revenue, sales, competitive landscape, and global market share for major manufacturers.

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Laser hair removal is defined as the process of hair removal by means of exposure to pulses of laser light that destroy the hair follicle. It is a kind of laser machine for removing body hair in global spa and beauty hospital. It is an effective method for removing unwanted hair from the face, legs, chin, arms, armpits, back, bikini line and others. Lasers are able to remove dark, coarse hair without damaging the surrounding skin. Regarding its wavelengths, laser hair removal can be divided by several optimal wavelengths as well as a specific standard wavelength.

Rising demand for non-invasive hair removal procedures is expected to drive the growth of the global laser hair removal market during the forecast period. In addition, the changing trend of maintaining optimal aesthetic beauty is one of the important factors of the target market. Various technological advancements in cosmetic lasers are also contributing to the growth of the global laser hair removal market. For example, the modality mix, founded by Quanta Systems in the Thunder MT system, is one of the recent innovations in the market. This technology is also used for other treatments such as blue veins which cannot be treated with Nd: YAG alone. Blending modalities are gaining popularity with great results in just one treatment. It ensures that specialists can perform photo-rejuvenation facials in about 15 minutes.

In addition, the increase in concerns about facial hair like hair growth on lips, chin, neck, and paws is also propelling the growth of the global laser hair removal market. Laser hair removal technology uses concentrated light beams that focus on the hair follicles, absorb the existing pigment and destroy the hair. Furthermore, the ready availability of these devices in the medical stores offering personal care products accelerates the demand for the products thereby boosting the growth of the global laser hair removal market.

The high cost associated with hair removal treatment in beauty centers or dermatology clinics is a major restraining factor that is expected to hamper the growth of the global laser hair removal market. In addition, the availability of alternative improved beauty treatment solutions along with the vulnerable nature of the supply of materials for laser treatments pose a challenge to the growth of the global laser hair removal market.

Key players

The major players focus on growth strategies such as mergers and acquisitions, development of existing devices, promotional events and technological advancements. For example, in 2018 Alma acquired Medical Nova for corporate outreach and for establishing a direct operation in Israel. The objective of this acquisition is to maintain Alma’s leading position in the industry. Some of the major players in the global laser hair removal market include

  • Syneron Medical Ltée,
  • Alma Lasers, Ltd.,
  • Sciton, Inc.,
  • Cutera Inc.,
  • Lutronic Corp.,
  • Lumenis Ltd.,
  • Solta Medical, Inc.,
  • Lynton Lasers Ltd.,
  • Strata Skin Sciences, Inc.,
  • Venus Concept Canada Corp., etc.

Market taxonomy

By laser type

By end use

  • Beauty clinics
  • Dermatology clinics
  • Home use

By region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

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