- In November 2023, Justera Health Ltd. introduced an expanded selection of premium laser treatment services featuring the CUTERA XEO system. Manufactured by Cutera Face and Body Aesthetic Solutions, the XEO offers innovative advancements in non-surgical aesthetic treatments. This launch marks a significant enhancement in the quality and variety of laser services available to clients
- In February 2023, Milan Laser Hair Removal secured strategic growth equity investments from Sixth Street and Wildcat Capital Management. This funding is set to enhance the company's efforts in accelerating clinic expansion, boosting marketing initiatives, and advancing business development strategies. The investment positions Milan Laser for significant growth and increased market presence in the competitive laser hair removal industry
- In September 2021, Sciton introduced BAREit, a cutting-edge ultra-fast hair removal technology integrated into the BARE HR platform. This innovative system is designed to enhance the efficiency and effectiveness of hair removal treatments, providing quicker results for clients. The launch of BAREit represents a significant advancement in laser hair removal technology, further solidifying Sciton's position in the market
- In April 2020, Aldi Australia introduced a DIY laser-based hair removal device in response to the COVID-19 pandemic, aiming to ensure patients could maintain their hair removal treatments at home. This innovative gadget was designed to provide an accessible and convenient solution for individuals seeking effective hair removal during lockdowns. The launch highlights Aldi's commitment to meeting consumer needs during challenging times by offering practical beauty solutions that empower users to manage their grooming routines independently
- In January 2020, Lumenis Ltd unveiled the LightSheer Quattro, an advanced diode-based laser hair removal device. This cutting-edge technology is designed to enhance the efficacy and comfort of hair elimination treatments, catering to a wide range of skin types. The launch of LightSheer Quattro reinforces Lumenis's commitment to innovation in the aesthetic market, providing practitioners with a powerful tool for effective hair removal solutions
Frequently Asked Questions
The market is segmented based on Segmentation, By Laser Type (Diode Laser, Nd: YAG Laser, and Alexandrite Laser), Type (Multiple Standard Wavelengths and Specific Standard Wavelengths), Gender (Male and Female), Age Group (13-29, 30-54, and 55-69), End-Use (Beauty Clinics, Dermatology Clinics, Hospitals, and Home Use) – Industry Trends and Forecast to 2031
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The Global Laser Hair Removal Market size was valued at USD 1.12 USD Billion in 2023.
The Global Laser Hair Removal Market is projected to grow at a CAGR of 18.9% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
