Hair Removal Devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW
Hair removal devices are utilized in commercial venues like beauty and dermatology clinics. Laser hair removal is a medical procedure that removes unwanted hair using a concentrated beam of light (laser). A laser emits light that is absorbed by the pigment (melanin) in the hair during laser hair removal. People's interest in non-surgical and non-invasive hair removal techniques has grown as a result of increased physical awareness among consumers. In addition, demand for alternative methods such as manual hair clipping, waxing, and other similar procedures has increased.

MARKET SCOPE
The "Global Hair Removal Devices Market Analysis to 2031" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of the hair removal devices market with detailed market segmentation by product, end user, and geography. The report provides key statistics on the market status of the leading hair removal devices market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

• Based on product, the global hair removal devices market is segmented into energy based devices, laser based devices, intense pulse light (IPL), and other devices
• Based on end user, the market is bifurcated into dermatology clinics, beauty clinics, and others 

MARKET DYNAMICS
Drivers

• Growth in noninvasive techniques for personal grooming
• Development of novel products 

Restraints

• High cost of procedures

REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The hair removal devices market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the hair removal devices market in these regions.

IMPACT OF COVID-19 ON HAIR REMOVAL DEVICES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

Hair Removal Devices Market Report Analysis

Hair Removal Devices Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Alma Lasers
• Dermacell Private Limited
• Cosderma
• NC Medical Systems
• Dr. Glow
• Lumenis India Pvt Ltd (Lumenis)
• Koninklijke Philips N.V.
• Syska
• Krupa Medi Scan

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Product

• Energy Based Devices
• Laser Based Devices
• Intense Pulse Light

By End User

• Dermatology Clinics
• Beauty Clinics

MARKET PLAYERS
The report covers key developments in the hair removal devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from hair removal devices market are anticipated to lucrative growth opportunities in the future with the rising demand for hair removal devices in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hair removal devices market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• Alma Lasers
• Dermacell Private Limited
• Cosderma
• NC Medical Systems
• Dr. Glow
• Lumenis India Pvt. Ltd. (Lumenis)
• Koninklijke Philips N.V.
• Syska
• Krupa Medi Scan
• LASERBIO OPTOTECH LLP

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Hair Removal Devices Market Report Scope