Diode Laser for Hair Removal Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2019 and Forecast 2020-2026

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Diode Laser for Hair Removal Market by Geography (North America, Europe, Middle East and Africa, Asia Pacific & Latin America)

 

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Report

Description

Diode Laser for Hair Removal market value is estimated at USD 252.7 Million in 2020 and projected to reach 442.2 Million by 2026 with a CAGR of 9.8% during 2020-2026 period which can be due to rising focus of companies to expand their product portfolio based on diode laser systems, and practitioners switching to use clinically effective & advanced technology-based diode lasers. In addition, growing acceptance of energy-based devices, such as laser devices, including diode lasers in aesthetic procedures, such as hair removal treatments, and rising ageing population & growing awareness among different demographic groups across the globe. The Global Diode Laser for Hair Removal sales volume is projected to reach at 6,312 units by 2026 from 4,180 units in 2020 at CAGR of 71.1 during 2020-2026 period.

Diode Laser for Hair Removal market report gives comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Middle East & Africa (EMEA), Asia Pacific, Australia & New Zealand (ANZ), and Latin America (LATAM). The report gives historical, current, and future market sizes in terms of value (US$ Mn) and volume (unit sales). This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report also provides three categories of forecasts analysis includes conservative, pessimistic and optimistic, product level prices and global level & region level installed base. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policy makers, practitioners and service providers engaged in global Diode Laser for Hair Removal products.


Diode Laser for Hair Removal Market

MARKET SUMMARY
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9.8% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 9.8%
  • Largest Market– Europe
  • Fastest Growing Market– Middle East and Africa

Diode Laser for Hair Removal Market Analysis

  • Strong focus of key players by product launches/approvals, expansion of operations, acquisitions, collaborations/partnerships. These are expected to further support the growth of the Global Diode Laser for Hair Removal market.
  • For instance, In 2020, Lumenis launched its newest platform used for hair removal, namely LightSheer Quattro
  • In 2020, Sisram Medical (Alma Lasers) announced the expansion of its business with the establishment of new office to serve Asia-Pacific region, including China
  • In 2018, Alma Laser acquired Israeli distributor Nova Medical
Market Leaders
  • Lumenis
  • Asclepion
  • Cynosure
  • Alma Lasers
  • Cocoon Medical
  • InMode
  • Venus Concept
  • Shenzhen GSD Tech Co., Ltd
  • WON TECH
  • Lynton/Asirox
Diode Laser for Hair Removal Market

Drivers and Restraints

From the past three years period, laser device manufacturers have increased their product portfolio in the diode laser platform for hair removal application by expediting product approvals & launches, such growing number of products is expected to increase the availability of products in the market and anticipated to drive the growth of diode laser devices market for hair removal in coming future. For instance, In June 2020, FDA cleared Venus Concept to market and sell for its diode laser product, namely Venus Epileve; In March 2020, Cocoon Medical launched its Primelase diode laser platform, in the United States (US) market; In January 2020, Lumenis launched its newest platform used for hair removal, namely LightSheer Quattro, in Europe; In October 2018, Asclepion launched its latest diode laser systems, namely MeDioStar ; In 2018, InMode launched Triton platform, used for permanent hair reduction, with handpieces like Triton Duo Light and Triton Duo Dark


Diode Laser for Hair Removal Market Regional Analysis

Europe dominates the market

In 2020, the EMEA region is estimated to account for the largest market share, in terms of value, of 42.4%, followed by NA, APAC, LATAM, and ANZ. Major share of EMEA region is majorly contributed to existence of global leading players with strong supply chain network in the United States, Europe countries, like UK, Germany, Spain, Italy, and also in Middle-East countries like Israel, Egypt, UAE, KSA, and other countries in EMEA region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size (value & Volume), regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
  • The report provides annual installations, which includes new devices installations and replacement unit sales
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and emerging companies that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework
  • The report provides the product level prices, product ranking, and regional trends


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Lumenis
  • Asclepion
  • Cynosure
  • Alma Lasers
  • Cocoon Medical
  • InMode
  • Venus Concept
  • Shenzhen GSD Tech Co., Ltd
  • WON TECH
  • Lynton/Asirox

Description

Diode Laser for Hair Removal market value is estimated at USD 252.7 Million in 2020 and projected to reach 442.2 Million by 2026 with a CAGR of 9.8% during 2020-2026 period which can be due to rising focus of companies to expand their product portfolio based on diode laser systems, and practitioners switching to use clinically effective & advanced technology-based diode lasers. In addition, growing acceptance of energy-based devices, such as laser devices, including diode lasers in aesthetic procedures, such as hair removal treatments, and rising ageing population & growing awareness among different demographic groups across the globe. The Global Diode Laser for Hair Removal sales volume is projected to reach at 6,312 units by 2026 from 4,180 units in 2020 at CAGR of 71.1 during 2020-2026 period.

Diode Laser for Hair Removal market report gives comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Middle East & Africa (EMEA), Asia Pacific, Australia & New Zealand (ANZ), and Latin America (LATAM). The report gives historical, current, and future market sizes in terms of value (US$ Mn) and volume (unit sales). This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report also provides three categories of forecasts analysis includes conservative, pessimistic and optimistic, product level prices and global level & region level installed base. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policy makers, practitioners and service providers engaged in global Diode Laser for Hair Removal products.

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