Hair Removal Devices Market Outlook, Competitive Analysis, Future Trends, SWOT Analysis, Forthcoming Developments, Forecast to 2030
Market Synopsis:
Marker Research Future (MRFR) has studied the Global Hair
Removal Devices Market and revealed that it was valued at USD 915.2 Mn in 2030
and is expected to expand at 8.80% over the assessment period.
Medical aesthetics industry is witnessing high demand and is
poised to undergo technological transformations. The rising influence of social
media and entertainment industries are projected to drive the expansion of the
market in the years to come. In addition, the availability of devices for home
use is another major factor projected to contribute towards the development of
the hair removal devices market across the forecast period. Technological
advancements for making the devices convenient to use is likely to boost the
proliferation of the market.
The increasing working women population is expected to
favour the expansion of the market as they form a major fraction of the
customers. In addition, the increasing use of hair removal devices among men is
also anticipated to act as a growth catalyst for the market players. The
competitive landscape of the Hair
Removal Devices Market Insights represents healthy competition. The
investments in product portfolio development are poised to attract a larger
consumer base in the foreseeable future.
Competitive Dashboard:
The prominent Hair Removal Devices Market Players
participating in the share analysis are
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
Market Segmentation:
·
Based on product, the Global Hair Removal
Devices Market has been segmented into laser
devices, intense pulse light (IPL) devices, energy-based devices, and others.
The laser devices segment is further sub-segmented into diode laser, Nd: YAG
laser, and alexandrite laser. Among these, the laser devices segment is
projected to gain the most popularity in the upcoming years. It is anticipated
to hold the largest share of the market through the assessment period.
·
Based on end-user, the hair removal devices
market has been segmented into dermatology clinics, home use, beauty clinics,
and others.
·
The beauty clinics segment is anticipated to
exhibit a steeper rise in the growth curve as it is highly preferred by the
women customers.
Regional Analysis:
By region, the Global Hair
Removal Devices Market Outlook business has been segmented into four regions
- Americas, Europe, Asia Pacific, and the Middle East & Africa (MEA).
Americas is projected to dominate the growth pace of the global market in the
nearby future. The region is likely to benefit from the presence of advanced
healthcare infrastructure. In addition, rising demand for laser hair removal
treatments is projected to catapult the hair removal devices market in the
region on an upward trajectory. Asia Pacific is forecasted to exhibit rapid
growth owing to the increasing availability of cost-effective hair removal
devices.
Industry News:
·
In October 2018
Lumens Ltd., the largest energy-based
medical device company, has announced the launch and availability of SPLENDOR
X, laser system equipped with BLEND X technology for fast hair removal.
·
In August 2018
the Finishing Touch Company has announced
the launch of Flawless Brows, the first brow maintenance tool.
·
In July 2018
In Mode Ltd., a manufacturer of
medical-aesthetic technology, has announced the launch of Triton, the first and
only high-power laser hair removal device.
About US:
Market Research Future (MRFR) enable customers to unravel
the complexity of various industries through Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
Contact us:
Market Research Future (part of Wantstats Research and Media
Private Limited),
99 Hudson Street,5Th Floor, New York,
New York 10013
Comments
Post a Comment