Overview:
The Hair Removal Devices Market Size exhibiting a compound annual growth
rate (CAGR) of 9.8% during the forecast period (2023 - 2032). Market Research
Future (MRFR) considers several factors like fashion, sports, cultural
practices, military, medical reasons, and others as prominent growth-inducing
avenues for the market. The easy availability of these products through retail
and e-commerce lines strongly denotes hair removal devices market trends and
better awareness regarding the product can boost the market prospect.
Competitive
Landscape:
The global hair removal devices market players growth can benefit
substantially from various companies like
Sciton, Inc,
Alma Lasers, Ltd.,
Syneron Medical Ltd.,
Cutera Inc.,
Cynosure, Inc.,
Lynton Lasers Ltd,
Solta Medical Inc.,
Strata Skin Sciences, Inc.,
Lumenis Ltd,
Lutronic Corporation, and
Venus Concept Canada Corp.
These
companies have done research works and have set their own growth policies to
establish a strong outcome for themselves. The global market is slated to
benefit from their mergers, acquisitions, collaborations, hike in research
activities, better investment in research and development projects, and others
are expected to steer the market towards innovations. MRFR recorded these
recent moves to get their hands on various prospects in the coming days.
Segmentation:
MRFR’s
analysis of the global hair removal devices market leads to an in-depth
segmentation of product and end-user. These segments have multiple inputs from
various factors that help in gaining insights and developing better marketing
strategies.
·
By products,
the global market for hair removal devices can be segmented into laser devices,
intense pulse light (IPL) devices, energy-based devices, and others. The laser
devices segment includes Nd: YAG laser, diode laser, and alexandrite laser. The
laser devices segment had the maximum market share in 2017 and it is getting
more traction from wider acceptance of the devices. The product is also
performing better than other devices.
·
By end-users,
the global report on the hair removal devices market comprises beauty clinics,
home use, dermatology clinics, and others. The beauty clinics segment had the
largest market share in 2017 owing to its huge women customer base.
Regional
Analysis:
The
Americas is expected to make huge profit in the coming years in the hair
removal devices market. This is primarily due to the high investment capacity,
better disposable income standards, increasing launch of innovative products,
and others. The US and Canada are performing better. In Europe, this growth
would be backed by the growing sale in France, Germany, Italy, Spain, and the
UK. In Asia Pacific, China, India, Japan, and South Korea are expected to boost
the market traction.
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
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