Laser Hair Remover Market Report 2024: Strategies And Recent Developments | Merz Pharma GmbH & Co. KGaA, Shanghai Fosun Pharmaceutical Co.Ltd., Cynosure LLC, Bausch Health Companies Inc (2024)

03-18-2024 10:13 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: The Business research company

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2157

The Business Research Company offers in-depth market insights through Laser Hair Remover Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The laser hair remover market size has grown rapidly in recent years. It will grow from $0.77 billion in 2023 to $0.92 billion in 2024 at a compound annual growth rate (CAGR) of 19.0%. The growth in the historic period can be attributed to increasing beauty and grooming consciousness, rising disposable income, shift from traditional hair removal methods, marketing and branding strategies, increased availability and accessibility.

The laser hair remover market size is expected to see rapid growth in the next few years. It will grow to $1.71 billion in 2028 at a compound annual growth rate (CAGR) of 16.8%. The growth in the forecast period can be attributed to rising demand for at-home devices, shift towards sustainable beauty practices, widening acceptance and inclusivity, rise in online beauty retail, regulatory support and standards:. Major trends in the forecast period include integration of smart technologies, technological innovations in pulsed light device, technological miniaturization, advancements in laser technology, increased adoption of ipl technology.

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Market Segmentation:
The laser hair remover market covered in this report is segmented -

1) By Product: Diode, Alexandrite, Nd: YAG, Other Products
2) By Frequency Type: Multiple Standard Wavelengths, Specific Standard Wavelengths
3) By Gender: Male, Female
4) By End Use: Beauty Clinics, Dermatology Clinics, Hospitals, Home Use

Major Driver - Surge In Aesthetic Procedures Fuels The Growth Of The Laser Hair Removal Market
The increasing demand for aesthetic procedures is expected to propel the growth of the laser hair remover market going forward. Aesthetic procedures refer to a wide range of medical treatments and interventions aimed at enhancing a person's physical appearance. Laser hair removal is used in aesthetic procedures to reduce the incidence of ingrown hairs by using concentrated light beams to target and damage hair follicles, resulting in a significant reduction in hair growth. For instance, in September 2023, according to the International Society of Aesthetic Plastic Surgery (ISAPS), a US-based professional body for board-certified aesthetic plastic surgeons, globally aesthetic surgeries increased by 11.2% procedures performed by plastic surgeons in 2022, with more than 14.9 million surgical and 18.8 million non-surgical procedures performed worldwide. Therefore, the increasing demand for aesthetic procedures is driving the growth of the laser hair remover market.

Competitive Landscape:
Major companies operating in the laser hair remover market report are Merz Pharma GmbH & Co. KGaA, Shanghai Fosun Pharmaceutical Co.Ltd., Cynosure LLC, Bausch Health Companies Inc., Lumenis Ltd. , Sinclair Pharma Ltd., Cutera Inc. , Bosley Inc., Lutronic Corporation , Alma Lasers Ltd., Sciton, Inc. , Candela Corporation , Venus Concept , Solta Medical Inc. , Fotona d.o.o, Viora Inc. , SharpLight Technologies Ltd., SkinMD, Beijing Sanhe Beauty S&T Co., Ltd., Lynton Lasers Ltd., Theradome, Venn Healthcare, Lira Style, Canada MedLaser Inc., Krupa Medi Scan, Citation Spectrum Llc

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Top Trend - Revolutionizing Laser Hair Removal Unveiling The Cutting-Edge GentleMax Pro Plus With Advanced Features And Superior Performance
Major companies operating in the laser hair remover market are developing innovative products, such as, GentleMax Pro Plus to provide unmatched treatment. The GentleMax Pro Plus is a laser hair removal device designed to deliver superior performance in various treatments, including laser hair removal, rosacea, fine lines and wrinkles, and spider veins. For instance, in November 2022, Laser Medical Clinic, a Canada-based medical cosmetic clinic, launched GentleMax Pro Plus. The device offers larger treatment spots, shorter pulse durations, and higher repetition rates, allowing for more efficient and effective treatments. Equipped with dual wavelengths of 755 nm Alexandrite and 1064 nm Nd:YAG, it is suitable for a wide range of hair colors and skin types. The built-in cooling system enhances patient comfort during the procedures. The GentleMax Pro Plus is recognized as the gold standard in laser hair removal and is highly recommended by dermatologists and medical professionals.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Laser Hair Remover Market Characteristics
3. Laser Hair Remover Market Trends And Strategies
4. Laser Hair Remover Market - Macro Economic Scenario
5. Laser Hair Remover Market Size And Growth
27. Laser Hair Remover Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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This release was published on openPR.

Laser Hair Remover Market Report 2024: Strategies And Recent Developments | Merz Pharma GmbH & Co. KGaA, Shanghai Fosun Pharmaceutical Co.Ltd., Cynosure LLC, Bausch Health Companies Inc (2024)


What is the most effective laser hair removal machine? ›

The Best Technology AND The Best Machine
  • Alexandrite laser: Alexandrite lasers are very effective at removing dark hair on light skin. ...
  • Nd:YAG laser: Nd:YAG lasers are safe for all skin tones, and they are effective at removing both light and dark hair.

What is the new technology for laser hair removal? ›

During a DiolazeXL treatment, the diode laser beam passes through the skin and targets the melanin (dark skin pigment) located at the roots of hair follicles. The light energy heats and damages the follicles, which prevents or significantly inhibits future hair growth.

What's the best laser hair removal method? ›

What Are the Best Lasers for Hair Removal Treatments That Work?
  • IPL (Intense Pulsed Light) IPL is often classified as a laser hair removal treatment, but it is not actually a laser. ...
  • Diode Laser Hair Removal. ...
  • Alexandrite Laser Hair Removal. ...
  • Nd and LP Nd: YAG. ...
  • Ruby Laser Hair Removal.
May 1, 2022

Is SHR laser better than Alexandrite? ›

Effectiveness: SHR excels on dark skin, Alexandrite on fair skin. Comfort: SHR offers a more comfortable experience. Speed: Both methods deliver efficient treatments quickly. User-Friendliness: Alexandrite is favored for its lighter, smaller handpiece.

Is IPL safe at home? ›

In other words, IPL treatments are typically weaker and require more treatments than your standard in-office procedure. “At-home devices use lower energy settings so that they are safe to use on your own,” says Dr. King. “For in-office laser treatments, you should expect 5 to 7 sessions, spaced at least 4 weeks apart.

Does nood work on pubic hair? ›

Which areas of my body can I use The Flasher 2.0 by Nood on? The Nood handset is effective to use everywhere that hair grows, including your arms, underarms, hands, legs, chin, neck, back, and bikini line.

What laser hair removal do the Kardashians use? ›

The Kardashian-Approved Laser Treatments

Kim often does her treatments late at night and is believed to use at-home laser devices. Khloe and Kylie, on the other hand, visit Sev Laser for Candela GentleMax Pro treatments.

What is the new FDA approved laser? ›

Bausch + Lomb Corporation announced the FDA has approved the TENEO Excimer Laser Platform for LASIK vision correction surgery for myopia and myopic astigmatism.

What is the latest permanent hair removal? ›

Laser hair removal is a cosmetic procedure that uses a powerful laser or intense pulsed light (IPL) to remove unwanted hair. This light source heats and destroys hair follicles in the skin, which disrupts hair growth.

What are the 3 types of lasers for hair removal? ›

The five most comon types of hair removal laser systems include the Ruby, Alexandrite, IPL, Diode, and Nd:YAG. Each laser system is different from the other. Some lasers are better for certain types of hair. Some lasers are safer for individuals with darker skin tones.

What is the most painful laser hair removal? ›

Bikini area and pubic region

Often cited as the most sensitive area, the bikini area and pubic region have a high concentration of nerve endings. This can make the laser hair removal process more uncomfortable compared to other body parts.

What is the least painful laser hair removal? ›

Sapphire contact cooling is employed with the Soprano models as a constant heat sink and a cooling gel is applied during treatment, both of which mean that Soprano laser hair removal is virtually or in many cases completely pain free.

Is Alexandrite laser FDA approved? ›

What is an alexandrite laser used for? The US Food and Drug Administration (FDA) has approved a range of alexandrite laser machines emitting infrared light (wavelength 755 nm) for various skin disorders.

What are the cons of Alexandrite laser? ›

It works better on thinner hair than other hair removal lasers and can even treat individuals with light skin and freckles. CONS of the Alexandrite Laser System: The Alexandrite laser system is more painful than other systems and can cause discoloration if used on patients with darker skin tones.

Which laser hair removal is better Alexandrite or YAG? ›

Among 15 participants who completed the trial, mean hair reduction 18 months after the last treatment was 75.9% ± 19.0% for the 12-mm spot size alexandrite laser, 84.3% ± 12.4% for the 18-mm spot size alexandrite laser, 73.6% ± 11.4% for the Nd:YAG laser, and 77.8% ± 15.9% for combination treatment (P <.

Which is better IPL or diode laser machine? ›

However, there are some key differences between the two technologies: Wavelength: IPL uses a broad spectrum of wavelengths, typically ranging from 500-1200nm. Diode laser hair removal, on the other hand, uses a single wavelength of light, typically in the range of 800-810nm.

Are at-home laser hair removal devices worth it? ›

At-home laser hair removal is a viable option for unwanted hair maintenance, but it's not always effective and doesn't guarantee long-lasting results. If you want a laser treatment, you should only trust the professionals who can provide safer and more effective hair removal results.

What is the difference between IPL and laser hair removal machine? ›

IPL versus laser hair removal for the face

Laser is effective for black or dark brown hair, along with a broader range of skin tones with contrasting hair colours. IPL works best for light to medium skin types with dark hair, as well as targeting light brown hair.

Is at-home laser as good as professional? ›

At-home devices don't offer the same level of intensity as professional machines. As a result, you might need multiple sessions for a single treatment area.

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