Laser Hair Removal Market To Cross $ 3,433.4 Million By 2031 | Growing Demand For Aesthetic Procedures Boosts Market Growth, Says Growth Plus

NEW YORK, October 27, 2021 / PRNewswire / – The Global Laser Hair Removal Market is expected to reach approximately US $ 3,433.4 million by 2031 due to changing lifestyles and increasing demand for cosmetic procedures.

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Growth factor

The major players are gradually implementing strategies such as collaboration with other organizations, government agencies and clinics in order to stay competitive in the market. For example, in march 2020, Lumenis announced the partnership with the Australian Skin Clinics franchise, to supply its SPLENDOR X technology to all of the franchise’s new skin clinics.

The global laser hair removal market has been analyzed from three different perspectives: product, end user, and region.

Extracts from “Segmentation by product”

The global laser hair removal market has been mainly segmented into four distinct categories based on the product, viz. diode, Nd: YAG, alexandrite and others (ruby, IPL, etc.). Diodes segment is expected to be the fastest growing product segment during the forecast period due to its application ranging from light to medium-dark skin type. It is the most popular laser hair removal product among men seeking treatment to remove back or chest hair.

Extracts from “Segmentation by region”

The global laser hair removal market has been segmented into North America, Europe, Asia Pacific, and the rest of the world (RoW). North America held the largest share of the global laser hair removal market in 2020, followed by Asia Pacific, Europe and the rest of the world (RoW). Factors such as the developed healthcare infrastructure, technological advancements, the increasing number of hair removal procedures and the presence of a large number of well-established dermatology clinics in the region are attributed to the growth of the region. on the market.

Browse the full report on: Laser Hair Removal Market By Product [Diode, Nd:YAG, and Alexandrite], Final user [Hospitals and Dermatology Clinics]- Global outlook and forecast 2021-2031

Excerpts from “Competitive Landscape”

  • Solta Medical
  • Lutronic
  • Cute
  • Alma lasers
  • Candela Medical
  • Lynton Lasers Ltd.
  • Strata Skin Sciences
  • Venus concept
  • Lumenis
  • Focus


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  • Distributor landscape assessment
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Cryotherapy marketHigh demand for cryotherapy from beauty and fitness industries due to its immediate benefits is expected to increase the growth of cryotherapy market.


Manan Sethi
Director, Market Insight
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SOURCE Growth Plus Reports

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