San Francisco, 31 January 2019: The
Report Hair Removal Devices Market Size, Share & Trends Analysis Report By Product
(Laser, Intense Pulse Light), By End Use (Beauty, Dermatology Clinics, Home
Use), By Region, And Segment Forecasts, 2018 - 2025
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.
Access Research Report of Hair Removal
Devices Market @ 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.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/medical-devices
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
·
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
·
Europe
·
Asia Pacific
·
Latin America
·
MEA
Access Press Release of
Hair Removal Devices Market@ www.grandviewresearch.com/press-release/global-hair-removal-devices-market
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.
For More Information: www.grandviewresearch.com
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