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11-Jul-2019

Hair Removal Device Market Size to Cross USD 3.4 Billion by 2026

The Global Hair Removal Device Market Size projected to register USD 3.4 billion by 2026, registering at a CAGR growth of 15.0% over the forecast period 2018 to 2026. Development in beauty awareness predominantly among women has pushed the growth of the hair removal device market. The male populace is also following this trend owing to increase in consciousness about grooming. This parameter is anticipated to further boost the hair removal device demand.

High need for non-invasive methods for hair removal for instance the laser treatment due to its benefits, for instance, precision and saving time and money in the long run. Most hair removal devices can be deployed at home that in turn, is also supporting to the high need for personal non-invasive grooming techniques.

Accessibility of technically progressive products has also played a significant role in optimistically impacting the development of the hair removal devices market. New laser devices emit longer wavelengths of light, allowing them to emphasis only on the melanin present in hair follicles. This eradicates the risk of skin burns. All these factors are anticipated to drive development of the hair removal devices market during the forecasted period.

Growing availability of technologically progressive products is expected to boost their effectiveness, and in turn, need in near future. Such as, consistent developments in laser methods have augmented their effectiveness and cost-effectiveness. Side effects and efforts to reduce pain associated with hair removal are on the increase. Device manufacturersrsquo; emphasis on emerging products, which deliver relief from hair development for a longer period of time. Such as, introduction of dermal cooling technology in laser treatment lowers the chances of side effects. Such progressions paired with consumer consciousness is expected to drive the hair removing device market.

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Consciousness about the benefits related with technologically progressive products are inspiring consumers to accept them. Though, high cost of laser devices is predictable to hinder acceptance of these devices, particularly in emerging regions. This factor impacts purchasing power of consumers, thereby, foremost to slow-moving development in these regions.

The global hair removal device market is segmented into product, end-user, and region. On the basis of product the global hair removal device market is segmented into Laser, Intense Pulse Light and Other Energy-based. The laser sub segment is further bifurcated into diode laser, ND: YAG laser and alexandrite laser. On the basis of end-user, the global hair removal device market is segmented into Beauty Clinics, Dermatology Clinics, and Home Use. On the basis of region the global hair removal device market is segmented into Latin America, Europe, Asia Pacific, North America, and Middle East amp; Africa.

Based on the end user, beauty clinics captures the maximum share in 2018 due to increasing consumer inclination. Also, increasing visits to beauty clinics to expand their aesthetic appeal can boost the development. Furthermore, development in the numeral of beauty clinics in emerged as well as emerging nations is expected to push the need in near future.

North America emerged dominant in 2018, due to accessibility of technologically progressive products and high consciousness concerning physical grooming. Surge in the usage of laser hair removal devices in U.S. for fast and effective results is one of the important factors contributing to the nationrsquo;s dominance. Development in popularity of hair removal cures and accessibility of skilled dermatologists in European nations are some of the parameters expected to drive the regional need. APAC is anticipated to exhibit important development over the forecast timeframe owing to growing disposable income and need for cost-effective hair removal devices. Increasing beauty awareness in emerging nations is also expected to create development opportunities in the unused markets of APAC region.

Market companies are concentrating on implementing new strategies for instance regional expansion, partnerships, mergers and acquisitions, new product launches, and distribution agreements to surge their revenue share. And also, growing Ramp;D investments paired with technical advancements to commercialize highly efficient products are expected to offer huge growth opportunities for industry participants. Some of the main businesses present in the hair removal device market are Sciton, Inc., Solta Medical, Inc., Cynosure, Inc., Syneron Medical Ltd., Lumenis, Alma Lasers,Venus Concept Canada Corp., Viora, Lutronic, and Cutera. Significant strategic initiatives undertaken by global businesses include partnerships, new product launch, acquisitions.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Hair Removal Device
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Hair Removal Device Market By Product
1.2.2.1. Global Hair Removal Device Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Hair Removal Device Market Revenue Share By Product in 2017
1.2.2.3. Laser
1.2.2.4. Intense Pulse Light
1.2.2.5. Other Energy-based
1.2.3. Hair Removal Device Market By End-user
1.2.3.1. Global Hair Removal Device Market Revenue and Growth Rate Comparison By End-user (2015-2026)
1.2.3.2. Global Hair Removal Device Market Revenue Share By End-user in 2017
1.2.3.3. Beauty Clinics
1.2.3.4. Dermatology Clinics
1.2.3.5. Home Use
1.2.3.6. Others
1.2.4. Hair Removal Device Market by Geography
1.2.4.1. Global Hair Removal Device Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Hair Removal Device Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Hair Removal Device Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Hair Removal Device Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Hair Removal Device Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Hair Removal Device Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porterrsquo;s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Hair Removal Device Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Hair Removal Device Major Manufacturers in 2017
3.3. Ramp;D Status and Technology Source of Global Hair Removal Device Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Hair Removal Device Major Manufacturers in 2017

CHAPTER 4. HAIR REMOVAL DEVICE MARKET BY PRODUCT

4.1. Global Hair Removal Device Revenue By Product
4.2. Laser
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Intense Pulse Light
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Other Energy-based
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. HAIR REMOVAL DEVICE MARKET BY END-USER

5.1. Global Hair Removal Device Revenue By End-user
5.2. Beauty Clinics
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Dermatology Clinics
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Home Use
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Others
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. NORTH AMERICA HAIR REMOVAL DEVICE MARKET BY COUNTRY

6.1. North America Hair Removal Device Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Hair Removal Device Market Revenue Share Comparison, 2015 amp; 2026 (%)
6.3. U.S.
6.3.1. U.S. Hair Removal Device Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 7. EUROPE HAIR REMOVAL DEVICE MARKET BY COUNTRY

7.1. Europe Hair Removal Device Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Hair Removal Device Market Revenue Share Comparison, 2015 amp; 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC HAIR REMOVAL DEVICE MARKET BY COUNTRY

8.1. Asia-Pacific Hair Removal Device Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Hair Removal Device Market Revenue Share Comparison, 2015 amp; 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 9. LATIN AMERICA HAIR REMOVAL DEVICE MARKET BY COUNTRY

9.1. Latin America Hair Removal Device Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Hair Removal Device Market Revenue Share Comparison, 2015 amp; 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 10. MIDDLE EAST HAIR REMOVAL DEVICE MARKET BY COUNTRY

10.1. Middle East Hair Removal Device Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East Hair Removal Device Market Revenue Share Comparison, 2015 amp; 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 11. AFRICA HAIR REMOVAL DEVICE MARKET BY COUNTRY

11.1. Africa Hair Removal Device Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Africa Hair Removal Device Market Revenue Share Comparison, 2015 amp; 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 12. COMPANY PROFILE

12.1. Sciton, Inc.
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Solta Medical, Inc.
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Cynosure, Inc.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Syneron Medical Ltd.
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Lumenis
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Alma Lasers
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Venus Concept Canada Corp.
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Viora
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Lutronic
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Cutera
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies

CHAPTER 13. RESEARCH APPROACH

13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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Last Updated: 11-Jul-2019