Laser Hair Removal Market 2021 Upcoming Trends, Technology, Business
Growth, Investment Opportunity
The global laser hair removal market size was valued at USD 443.84 million in 2020 and is expected
to grow at a compound annual growth rate (CAGR) of 20.6% from 2021 to 2028. The shifting trend
towards maintaining optimal aesthetic beauty is one of the major drivers of the market. Various
technological advancements in aesthetic lasers are also augmenting the market growth. For instance,
the mixing of modalities, founded by Quanta Systems in the Thunder MT system is one of the recent
innovations in the market.
In addition, increasing disposable income levels and potential growth opportunities in developing
regions like Asia Pacific will support market growth. The Covid-19 pandemic has disrupted several
industries globally including the aesthetics industry. As for the market, initially, most of the non-
emergency dermatology consultations were discontinued or discouraged. During this time,
telecommunication gained popularity as the preferred mode of communication for both patients and
surgeons. Recently, due to the ease of lockdown restrictions, services have resumed in a staggered
manner with strict measures to be followed in most of the countries.
Top Key Players studied in Laser Hair Removal Market:
Syneron Medical Ltd.
Alma Lasers, Ltd.
Lynton Lasers Ltd.
Solta Medical, Inc.
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Global Laser Hair Removal Market Segmented by Product:
Global Laser Hair Removal Market Segmented by Region:
North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.), Asia-
Pacific (China; India; Japan; Southeast Asia etc.), South America (Brazil; Argentina etc.), Middle East &