Hair Removal Devices Market Research Report – Global Forecast till 2027

Hair Removal Devices Market Research Report: by Product (Energy-based Devices, Laser Devices (Diode Laser, Nd: YAG Laser, Alexandrite Laser), Intense Pulse Light (IPL) Devices, Others), By End-user (Beauty Clinics, Others) - Global Forecast Till 2027

ID: MRFR/HC/5854-HCR | February 2021 | Region: Global | 130 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario


Global hair removal devices market is expected to grow significantly over the forecast period. The market held a market value of USD 915.2 million in 2017 and is projected to grow at a CAGR of 8.80% over the forecast period.


Hair removal or epilation is a process where the hairs on an individual’s body are removed deliberately. Body hairs are removed for numerous reasons such as fashion, cultural practices, sports, military, medical reasons, among others. Growing importance about appearance, rapidly changing beauty standards among individuals, and high demand for laser hair removal treatment are driving factors for the growth of the market. Moreover, the easy availability of advanced hair removal devices through e-commerce and retail stores and increasing use of such devices at home are anticipated to fuel the growth of the global hair removal devices market. However, the high cost of hair removal devices and requirements of multiple treatments may restrain the market growth over the forecast period.


In recent years, major companies are operating in the hair removal devices market. The prominent players in the market are engaged in strategic collaborations and new product launches to strengthen their market position. For instance, in January 2017, Venus Concept launched Venus Velocity, the new gold standard diode laser for hair removal and permanent hair reduction.


Segmentation


The global hair removal devices market has been segmented into product and end-user.


Based on products, the market has been segmented into, energy-based devices, laser devices, intense pulse light (IPL) devices, and others. The laser devices segment has been further divided into diode laser, Nd: YAG laser, and alexandrite laser. The laser devices segment is expected to account for the largest share in the global hair removal devices market in 2017. This large share is majorly attributed to the wider acceptance of the devices, and better results as compared to other products.


Based on end-users, the market has been segmented into beauty clinics, dermatology clinics, home use, and others. The beauty clinics segment is expected to account for the largest share in the global hair removal devices market in 2017 as large population of women prefer beauty clinics over dermatology clinics.


Based on the regions, the market for hair removal devices is segmented into, the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The hair removal devices market in the Americas region has further been segmented into North America and Latin America, where-in the North American market is further divided into the US and Canada.


European hair removal devices market has been segmented into Western Europe and Eastern Europe where-in Western Europe region is further divided into Germany, France, the UK, Italy, Spain, and the rest of Western Europe. 


The hair removal devices market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The hair removal devices market in the Middle East & Africa has been segmented into regions such as the Middle East and Africa.


Regional Market Summary


Global Hair Removal Devices Market Share (%), by Region, 2017



Source: White Papers, Company Presentations, Annual Reports


Geographically, the Americas is anticipated to dominate the global hair removal devices market owing to the well-developed healthcare infrastructure and the rise in the number of hair reduction procedures in the US. According to the National Laser Institute, there were about 1.1 million laser hair removal procedures carried out in the US in 2016. Moreover, increasing number of youth option opting for permanent hair removal treatments is likely to support market growth in the region.


Europe is expected to hold the second largest market share in the global hair removal devices market. The market growth in this region is majorly attributed to the growing popularity of hair removal treatments and availability of skilled professionals in the region. Similarly, Asia-Pacific region has observed a rapid growth in the hair removal devices market owing to the growing disposable income and demand for cost-effective hair removal devices. Besides, increasing beauty consciousness in developing countries is also expected to generate growth opportunities in the untapped markets of Asia-Pacific region. The Middle East & Africa region is anticipated to show minor growth opportunities in the hair removal devices market during the forecast period.


Global Hair Removal Devices Market, by Product



  • Energy-based Devices

  • Laser Devices

    • Diode Laser

    • Nd: YAG Laser

    • Alexandrite Laser



  • Intense Pulse Light (IPL) Devices

  • Others


Global Hair Removal Devices Market, by End-user



  • Beauty Clinics 

  • Dermatology Clinics

  • Home Use

  • Others


Global Hair Removal Devices Market, by Region



  • Americas

    • North America

      • US

      • Canada



    • Latin America



  • Europe

    • Western Europe

      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe



    • Eastern Europe



  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  •  Middle East & Africa

    • Middle East

    • Africa




Global Hair Removal Devices Market, by Key Players



  • Alma Lasers, Ltd.

  • Cynosure, Inc.

  • Cutera Inc.

  • Lumenis Ltd

  • Lutronic Corporation

  • Lynton Lasers Ltd

  • Solta Medical Inc

  • Strata Skin Sciences, Inc.

  • Syneron Medical Ltd.

  • Sciton, Inc.

  • Venus Concept Canada Corp

  • Others


Intended Audience



  • Hair Removal Devices Manufacturers and Distributors

  • Laser Accessories Manufacturers and Distributors

  • Medical Device Companies

  • Contract Research Organizations

  • Academic and Research Institutes

  • Government Associations



Frequently Asked Questions (FAQ) :


In 2017, the Hair Removal Devices Market was valued at USD 915.2 million.

The projected the Hair Removal Devices Market CAGR is 8.80% for the duration of a forecast period covering 2018 to 2023.

The laser devices segment to head the Hair Removal Devices Market.

The beauty clinics segment would influence the Hair Removal Devices Market the most.

The Americas would head the Hair Removal Devices Market.

Table of Contents:


Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

Chapter 6. Global Hair Removal Devices Market, by Product

6.1 Overview

6.2 Energy-based Devices

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.3 Laser Devices

6.3.1 Diode Laser

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.3.2 Nd: YAG Laser

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.3.3 Alexandrite Laser

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.4 Intense Pulse Light

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.5 Others

Chapter 7. Global Hair Removal Devices Market, By End-user

7.1 Overview

7.2 Beauty Clinics

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.3 Dermatology Clinics

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.4 Home Use

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.5 Others

Chapter 8. Global Hair Removal Devices Market, by Region

8.1 Overview

8.2 Americas

8.2.1 North America

8.2.1.1 US

8.2.1.2 Canada

8.2.2 Latin America

8.3 Europe

8.3.1 Western Europe

8.3.1.1 Germany

8.3.1.2 France

8.3.1.3 Italy

8.3.1.4 Spain

8.3.1.5 UK

8.3.1.6 Rest of Western Europe

8.3.2 Eastern Europe

8.4 Asia-Pacific

8.4.1 Japan

8.4.2 China

8.4.3 India

8.4.4 Australia

8.4.5 South Korea

8.4.6 Rest of Asia-Pacific

8.5 Middle East & Africa

8.5.1 Middle East

8.5.2 Africa

Chapter 9. Company Landscape

9.1 Overview

9.2 Market Share Analysis

9.3 Key Development & Strategies

Chapter 10. Company Profiles

10.1 Alma Lasers, Ltd.

10.1.1 Company Overview

10.1.2 Product Overview

10.1.3 Financials Overview

10.1.4 Key Developments

10.1.5 SWOT Analysis

10.2 Cynosure, Inc.

10.2.1 Company Overview

10.2.2 Product Overview

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 SWOT Analysis

10.3 Cutera Inc.

10.3.1 Company Overview

10.3.2 Product Overview

10.3.3 Financial Overview

10.3.4 Key Development

10.3.5 SWOT Analysis

10.4 Lumenis Ltd

10.4.1 Company Overview

10.4.2 Product Overview

10.4.3 Financial Overview

10.4.4 Key Development

10.4.5 SWOT Analysis

10.5 Lutronic Corporation

10.5.1 Company Overview

10.5.2 Product Overview

10.5.3 Financial overview

10.5.4 Key Developments

10.5.5 SWOT Analysis

10.6 Lynton Lasers Ltd

10.6.1 Company Overview

10.6.2 Product Overview

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 SWOT Analysis

10.7 Solta Medical Inc

10.7.1 Overview

10.7.2 Product Overview

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 SWOT Analysis

10.8 Strata Skin Sciences, Inc.

10.8.1 Overview

10.8.2 Product Overview

10.8.3 Financials

10.8.4 Key Developments

10.8.5 SWOT Analysis

10.9 Syneron Medical Ltd.

10.9.1 Overview

10.9.2 Product Overview

10.9.3 Financials

10.9.4 Key Developments

10.9.5 SWOT Analysis

10.10 Sciton, Inc.

10.10.1 Overview

10.10.2 Product Overview

10.10.3 Financials

10.10.4 Key Developments

10.10.5 SWOT Analysis

10.11 Venus Concept Canada Corp

10.11.1 Overview

10.11.2 Product Overview

10.11.3 Financials

10.11.4 Key Developments

10.11.5 SWOT Analysis

10.12 Others

Chapter 11 MRFR Conclusion

11.1 Key Findings

11.1.1 From CEO’s View point

11.1.2 Unmet Needs of the Market

11.2 Key Companies to Watch

11.3 Predictions for the Hair Removal Devices Market

Chapter 12. Appendix


LIST OF TABLES

Table 1 Global Hair Removal Devices Market Synopsis, 2020-2027

Table 2 Global Hair Removal Devices Market Estimates and Forecast, 2020-2027 (USD Million)

Table 3 Global Hair Removal Devices Market, by Product, 2020-2027 (USD Million)

Table 4 Global Hair Removal Devices Market, by End-user, 2020-2027 (USD Million)

Table 5 Global Hair Removal Devices Market, by Region, 2020-2027(USD Million)

Table 6 North America: Hair Removal Devices Market, by Product, 2020-2027 (USD Million)

Table 7 North America: Hair Removal Devices Market, by End-user, 2020-2027 (USD Million)

Table 8 North America: Hair Removal Devices Market, by Country, 2020-2027 (USD Million)

Table 9 Latin America: Hair Removal Devices Market, by Product, 2020-2027 (USD Million)

Table 10 Latin America: Hair Removal Devices Market, by End-user, 2020-2027 (USD Million)

Table 11 Europe: Hair Removal Devices Market, by Product, 2020-2027 (USD Million)

Table 12 Europe: Hair Removal Devices Market, by End-user, 2020-2027 (USD Million)

Table 13 Europe: Hair Removal Devices Market, by Region, 2020-2027 (USD Million)

Table 14 Western Europe: Hair Removal Devices Market, by Product, 2020-2027 (USD Million)

Table 15 Western Europe: Hair Removal Devices Market, by End-user, 2020-2027 (USD Million)

Table 16 Western Europe: Hair Removal Devices Market, by Country, 2020-2027 (USD Million)

Table 17 Eastern Europe: Hair Removal Devices Market, by Product, 2020-2027 (USD Million)

Table 18 Eastern Europe: Hair Removal Devices Market, by End-user, 2020-2027 (USD Million)

Table 19 Asia-Pacific: Hair Removal Devices Market, by Product, 2020-2027 (USD Million)

Table 20 Asia-Pacific: Hair Removal Devices Market, by End-user, 2020-2027 (USD Million)

Table 21 Asia-Pacific: Hair Removal Devices Market, by Country, 2020-2027 (USD Million)

Table 22 Middle East & Africa: Hair Removal Devices Market, by Product, 2020-2027 (USD Million)

Table 23 Middle East & Africa: Hair Removal Devices Market, by End-user, 2020-2027 (USD

Million)

Table 24 Middle East & Africa: Hair Removal Devices Market, by Region, 2020-2027 (USD Million)


LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for global Hair Removal Devices Market

Figure 3 Segmentation Market Dynamics for global Hair Removal Devices Market

Figure 4 Global Hair Removal Devices Market Share, by Product, 2020 (%)

Figure 5 Global Hair Removal Devices Market Share, by End-user, 2020 (%)

Figure 6 Global Hair Removal Devices Market Share, by Region, 2020 (%)

Figure 7 North America: Hair Removal Devices Market Share, by Country, 2020 (%)

Figure 8 Europe: Hair Removal Devices Market Share, by Country, 2020 (%)

Figure 9 Asia-Pacific: Hair Removal Devices Market Share, by Country, 2020 (%)

Figure 10 Middle East & Africa: Hair Removal Devices Market Share, by Country, 2020 (%)

Figure 11 Global Hair Removal Devices Market: Company Share Analysis, 2020 (%)

Figure 12 Alma Lasers, Ltd.: Key Financials

Figure 13 Alma Lasers, Ltd.: Segmental Revenue

Figure 14 Alma Lasers, Ltd.: Geographical Revenue

Figure 15 Cynosure, Inc.: Key Financials

Figure 16 Cynosure, Inc.: Segmental Revenue

Figure 17 Cynosure, Inc.: Geographical Revenue

Figure 18 Cutera Inc.: Key Financials

Figure 19 Cutera Inc.: Segmental Revenue

Figure 20 Cutera Inc.: Geographical Revenue

Figure 21 Lutronic Corporation: Key Financials

Figure 22 Lutronic Corporation: Segmental Revenue

Figure 23 Lutronic Corporation: Geographical Revenue

Figure 24 Cutera Inc.: Key Financials

Figure 25 Cutera Inc.: Segmental Revenue

Figure 26 Cutera Inc.: Geographical Revenue

Figure 27 Lynton Lasers Ltd: Key Financials

Figure 28 Lynton Lasers Ltd: Segmental Revenue

Figure 29 Lynton Lasers Ltd: Geographical Revenue

Figure 30 Solta Medical Inc: Key Financials

Figure 31 Solta Medical Inc.: Segmental Revenue

Figure 32 Solta Medical Inc.: Geographical Revenue

Figure 33 Strata Skin Sciences, Inc.: Key Financials

Figure 34 Strata Skin Sciences, Inc.: Segmental Revenue

Figure 35 Strata Skin Sciences, Inc.: Geographical Revenue

Figure 36 Syneron Medical Ltd.: Key Financials

Figure 37 Syneron Medical Ltd.: Segmental Revenue

Figure 38 Syneron Medical Ltd.: Geographical Revenue

Figure 39 Sciton, Inc: Key Financials

Figure 40 Sciton, Inc.: Segmental Revenue

Figure 41 Sciton, Inc.: Geographical Revenue

Figure 42 Venus Concept Canada Corp.: Key Financials

Figure 43 Venus Concept Canada Corp: Segmental Revenue

Figure 44 Venus Concept Canada Corp: Geographical Revenue



This table of content is tentative and subject to change as the research progresses.

Please Note:  Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.