Hair Removal Devices Market Overview Report 2022 | Global Impact Of Covid-19, Industry Overview, Summary, Methodology

Hair Removal Devices Market Insights:

In a recent research report by Market Research Community, the hair removal devices market is expected to surpass USD 1,934.36 Million by the year 2030, from USD 913.00 Million in 2021.

Laser hair removal devices use laser light to heat and destroy hair follicles. This method is most effective on dark, coarse hair and lighter skin, but it can also be used on other hair and skin types with varying results. It typically requires several treatments for optimal results, and it can be more expensive than other methods.

Another factor driving the growth of the hair removal devices market is the increasing number of men and women seeking hair removal treatments. In particular, there has been a growing trend of men seeking hair removal treatments for grooming purposes.The Asia-Pacific region is expected to see significant growth in the hair removal devices market, driven by factors such as a large population, increasing disposable income, and growing awareness about personal grooming in the region.

The hair removal devices market is projected to grow at a significant pace reaching a CAGR of approximately 8.7%, over the forecast period of 2022–2030, despite a considerable fall in Product sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.

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By Product

• Laser Devices
• Intense Pulse Light Devices
• Other Energy-based Devices

By Application

• Facial Hair Removal
• Legs
• Hands
• Others

By End-use

• Beauty Clinics
• Dermatology Clinics
• Home Use

The study is consolidated into major segments and further into sub-segments, such as by Product (Laser Devices, Intense Pulse Light Devices, Other Energy-based Devices) by Application (Facial Hair Removal, Legs, Hands, Others), By End-use (Beauty Clinics, Dermatology Clinics, Home Use) to forecast the market size by value, considering 2021 as the base year.         

The global hair removal devices market Share is expected to grow significantly in the coming years, driven by factors such as increasing demand for aesthetic treatments, rising awareness about personal grooming, and technological advancements in hair removal devices.

Lastly, the report includes a regional analysis and country analysis with the latest trends, along with the major key players including Solta Medical Inc.; Cynosure Inc.; Lumenis; Venus Concept Canada Corp.; Alma Lasers; Lutronic; Cutera; Syneron Medical Ltd.; Sciton Inc.; Viora; Panasonic Corporation; Home Skinovations Ltd; Procter & Gamble Company; iluminApplication Beauty Inc.; Koninklijke Philips N.V; Dermacell Private Limited; LASERBIO OPTOTECH LLP

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