The North America Laser Hair Removal Market would witness market growth of 34.4% CAGR during the forecast period (2020-2026). A medical procedure that utilizes a concentrated beam of light (laser) to destroy undesirable hair is known as laser hair removal.
A laser emits a light that is absorbed by the pigment (melanin) in the hair at the time of the hair removal process. During this process, the light energy is transformed to heat, which destroys the tube-shaped sacs within the skin (hair follicles) that generate hairs. This damage can limit or delay further hair growth.
The procedure of hair removal through exposure to pulses of laser light that eradicate the hair follicle is termed laser hair removal. It is considered as a type of laser device to destroy a person's body hair in beauty spas and hospitals around the world. The growth of the market is anticipated to be fuelled by the rising demand for non-invasive hair removal methods. Moreover, the market growth is also boosted by technological developments such as the advent of ultra-technology.
Moreover, the increasing market growth is credited to the increasing beauty awareness specifically among women. In addition to it, a similar kind of trend can also be witnessed among the male population as they are increasingly opting for different types of grooming products. This factor is estimated to further boost the demand. In the next few years, the demand for non-invasive treatments for hair removal like laser treatment is expected to increase due to its advantages like accuracy and saving time & money. The demand for personal non-invasive grooming treatments is expected to increase as the majority of hair removal devices can be utilized at home.
Based on Laser Type, the market is segmented into Diode Laser, Nd:YAG Laser and Alexandrite Laser. Based on End Use, the market is segmented into Beauty Clinics, Dermatology Clinics and Home Use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The US market dominated the North America Nd:YAG Laser Market by Country in 2019, thereby, achieving a market value of $68.4 million by 2026. The Canada market is experiencing a CAGR of 38% during (2020 - 2026). Additionally, The Mexico market would witness a CAGR of 36.8% during (2020 - 2026).
Free Valuable Insights: Laser Hair Removal Market in North America is expected to register a CAGR of 34.4% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cutera, Inc., Bausch Health Companies, Inc., Candela Medical Corporation, Lumenis Ltd. (XIO Group), Cynosure, LLC, Alma Lasers Ltd., Lutronic Corporation, Viora, Inc., Sciton, Inc., and Lynton Lasers Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Laser Type
- Diode Laser
- Nd:YAG Laser
- Alexandrite Laser
By End Use
- Beauty Clinics
- Dermatology Clinics
- Home Use
Key Market Players
List of Companies Profiled in the Report:
- Cutera, Inc.
- Bausch Health Companies, Inc.
- Candela Medical Corporation
- Lumenis Ltd. (XIO Group)
- Cynosure, LLC
- Alma Lasers Ltd.
- Lutronic Corporation
- Viora, Inc.
- Sciton, Inc.
- Lynton Lasers Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Laser Hair Removal Market, by Laser Type
1.4.2 North America Laser Hair Removal Market, by End Use
1.4.3 North America Laser Hair Removal Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Recent Developments in Laser Hair Removal Market - Global
Chapter 4. North America Laser Hair Removal Market by Laser Type
4.1 North America Diode Laser Market by Country
4.2 North America Nd:YAG Laser Market by Country
4.3 North America Alexandrite Laser Market by Country
Chapter 5. North America Laser Hair Removal Market by End Use
5.1 North America Beauty Clinics Market by Country
5.2 North America Dermatology Clinics Market by Country
5.3 North America Home Use Market by Country
Chapter 6. North America Laser Hair Removal Market by Country
6.1 US Laser Hair Removal Market
6.1.1 US Laser Hair Removal Market by Laser Type
6.1.2 US Laser Hair Removal Market by End Use
6.2 Canada Laser Hair Removal Market
6.2.1 Canada Laser Hair Removal Market by Laser Type
6.2.2 Canada Laser Hair Removal Market by End Use
6.3 Mexico Laser Hair Removal Market
6.3.1 Mexico Laser Hair Removal Market by Laser Type
6.3.2 Mexico Laser Hair Removal Market by End Use
6.4 Rest of North America Laser Hair Removal Market
6.4.1 Rest of North America Laser Hair Removal Market by Laser Type
6.4.2 Rest of North America Laser Hair Removal Market by End Use
Chapter 7. Company Profiles
7.1 Cutera, Inc.
7.1.1 Company Overview
7.1.1 Financial Analysis
7.1.2 Regional Analysis
7.1.3 Research & Development Expense
7.2 Bausch Health Companies, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 Candela Medical Corporation
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Acquisition and Mergers:
7.3.2.2 Geographical Expansions:
7.4 Lumenis Ltd. (XIO Group)
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Partnerships, Collaborations, and Agreements:
7.4.2.2 Product Launches and Product Expansions:
7.5 Cynosure, LLC
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and Product Expansions:
7.6 Alma Lasers Ltd.
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Acquisition and Mergers:
7.6.2.2 Product Launches and Product Expansions:
7.7 Lutronic Corporation
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Approvals:
7.8 Viora, Inc.
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.9 Sciton, Inc.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Geographical Expansions:
7.10. Lynton Lasers Ltd.
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
7.10.2.2 Product Launches and Product Expansions:
TABLE 1 North America Laser Hair Removal Market, 2016 - 2019, USD Million
TABLE 2 North America Laser Hair Removal Market, 2020 - 2026, USD Million
TABLE 3 North America Laser Hair Removal Market by Laser Type, 2016 - 2019, USD Million
TABLE 4 North America Laser Hair Removal Market by Laser Type, 2020 - 2026, USD Million
TABLE 5 North America Diode Laser Market by Country, 2016 - 2019, USD Million
TABLE 6 North America Diode Laser Market by Country, 2020 - 2026, USD Million
TABLE 7 North America Nd:YAG Laser Market by Country, 2016 - 2019, USD Million
TABLE 8 North America Nd:YAG Laser Market by Country, 2020 - 2026, USD Million
TABLE 9 North America Alexandrite Laser Market by Country, 2016 - 2019, USD Million
TABLE 10 North America Alexandrite Laser Market by Country, 2020 - 2026, USD Million
TABLE 11 North America Laser Hair Removal Market by End Use, 2016 - 2019, USD Million
TABLE 12 North America Laser Hair Removal Market by End Use, 2020 - 2026, USD Million
TABLE 13 North America Beauty Clinics Market by Country, 2016 - 2019, USD Million
TABLE 14 North America Beauty Clinics Market by Country, 2020 - 2026, USD Million
TABLE 15 North America Dermatology Clinics Market by Country, 2016 - 2019, USD Million
TABLE 16 North America Dermatology Clinics Market by Country, 2020 - 2026, USD Million
TABLE 17 North America Home Use Market by Country, 2016 - 2019, USD Million
TABLE 18 North America Home Use Market by Country, 2020 - 2026, USD Million
TABLE 19 North America Laser Hair Removal Market by Country, 2016 - 2019, USD Million
TABLE 20 North America Laser Hair Removal Market by Country, 2020 - 2026, USD Million
TABLE 21 US Laser Hair Removal Market, 2016 - 2019, USD Million
TABLE 22 US Laser Hair Removal Market, 2020 - 2026, USD Million
TABLE 23 US Laser Hair Removal Market by Laser Type, 2016 - 2019, USD Million
TABLE 24 US Laser Hair Removal Market by Laser Type, 2020 - 2026, USD Million
TABLE 25 US Laser Hair Removal Market by End Use, 2016 - 2019, USD Million
TABLE 26 US Laser Hair Removal Market by End Use, 2020 - 2026, USD Million
TABLE 27 Canada Laser Hair Removal Market, 2016 - 2019, USD Million
TABLE 28 Canada Laser Hair Removal Market, 2020 - 2026, USD Million
TABLE 29 Canada Laser Hair Removal Market by Laser Type, 2016 - 2019, USD Million
TABLE 30 Canada Laser Hair Removal Market by Laser Type, 2020 - 2026, USD Million
TABLE 31 Canada Laser Hair Removal Market by End Use, 2016 - 2019, USD Million
TABLE 32 Canada Laser Hair Removal Market by End Use, 2020 - 2026, USD Million
TABLE 33 Mexico Laser Hair Removal Market, 2016 - 2019, USD Million
TABLE 34 Mexico Laser Hair Removal Market, 2020 - 2026, USD Million
TABLE 35 Mexico Laser Hair Removal Market by Laser Type, 2016 - 2019, USD Million
TABLE 36 Mexico Laser Hair Removal Market by Laser Type, 2020 - 2026, USD Million
TABLE 37 Mexico Laser Hair Removal Market by End Use, 2016 - 2019, USD Million
TABLE 38 Mexico Laser Hair Removal Market by End Use, 2020 - 2026, USD Million
TABLE 39 Rest of North America Laser Hair Removal Market, 2016 - 2019, USD Million
TABLE 40 Rest of North America Laser Hair Removal Market, 2020 - 2026, USD Million
TABLE 41 Rest of North America Laser Hair Removal Market by Laser Type, 2016 - 2019, USD Million
TABLE 42 Rest of North America Laser Hair Removal Market by Laser Type, 2020 - 2026, USD Million
TABLE 43 Rest of North America Laser Hair Removal Market by End Use, 2016 - 2019, USD Million
TABLE 44 Rest of North America Laser Hair Removal Market by End Use, 2020 - 2026, USD Million
TABLE 45 Key Information – Cutera, Inc.
TABLE 46 key information – Bausch Health Companies, Inc.
TABLE 47 Key Information – Candela Medical Corporation
TABLE 48 key Information – Lumenis Ltd.
TABLE 49 key information – Cynosure, LLC
TABLE 50 Key Information – Alma Lasers Ltd.
TABLE 51 key Information – Lutronic Corporation
TABLE 52 key information – Viora, Inc.
TABLE 53 Key Information – Sciton, Inc.
TABLE 54 Key Information – Lynton Lasers Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Candela Medical Corporation
FIG 3 Recent strategies and developments: Lumenis Ltd.
FIG 4 Recent strategies and developments: Alma Lasers Ltd.
FIG 5 Recent strategies and developments: Lyton Lasers Ltd.