Hair Removal Devices Market Rising Trends And Global Outlook 2020 To 2027

Posted by avinash on March 17th, 2020

Our study includes businesses that deal with manufacturing and supply of hair removal devices, specifically for beauty clinics and dermatology clinics. High inclination of consumers towards removal of unwanted hair from different body parts to enhance aesthetic appeal and avoid painful and frequent cumbersome conventional hair removal procedures is expected to be among the prominent factors fueling hair removal devices market growth.

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Market Dynamics

Some of the prominent alternative methods that have found high industry penetration include waxing, shaving, threading, plucking, and electrolysis. However, most these methods are inherently painful and the effect is short-lived and often unsatisfactory. However, hair removal devices used in commercial clinic spaces are usually handled by experts and relatively very less painful. This is expected to be among the prominent factors influencing the growth of the growth of this industry. However, high initial cost of these systems, which in turn leads to high cost of these treatment in these commercial spaces is expected to hamper the global hair removal devices market growth.

Key features of the study:

• This report provides in-depth analysis of hair removal devices, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017– 2025), considering 2016 as the base year

• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market

• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players

• It profiles leading players in the global hair removal devices market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, hair removal devices market capital, key developments, strategies, and future plans

Detailed Segmentation:

• Global Hair Removal Devices Market, By Product Type:

  • Energy Based Devices

  • Laser Based Devices

  • Intense Pulse Light (IPL) Devices

• Global Hair Removal Devices Market, By End User:

  • Dermatology Clinics

  • Beauty Clinics

Compact devices and products offering multi-services for the cost of one system is among the prominent factors influencing the hair removal devices market growth

Next generation devices are compact, in order to reduce the footprint in the beauty and dermatologist facilities. Significant advantage of utilization of these machines is proving an array of aesthetic services that include skin treatment, anti-ageing skin rejuvenation treatment along with hair removal, for different body surfaces with a single machine. For instance, The Global Beauty Group offers products with five in one and 9 in 1 Intense Pulse Light (IPL) machines offering these aforementioned features.

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Some of the key players in the global hair removal devices market include Alma Lasers Ltd., Cutera Inc., Cynosure Inc., Fotona d.d., Lumenis Ltd., Lutronic Corp., Lynton Lasers Ltd., Sciton Inc., Solta Medical Inc., Syneron Medical Ltd., Strata Skin Sciences Inc., and Venus Concept Canada Corp.

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