Europe Laser Hair Removal Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2030

Analysis - by Laser Type (Alexanderite Laser, Diode Laser, Nd: YAG Laser, and Others), Product Type (Multiple Standard Wavelength and Specific Standard Wavelength), and End User (Beauty Clinics, Dermatology Clinics, Hospitals, and Home Use)


No. of Pages: 71    |    Report Code: BMIRE00029889    |    Category: Life Sciences

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Europe Laser Hair Removal Market

The Europe laser hair removal market is expected to grow from US$ 136.21 million in 2022 to US$ 386.56 million by 2030. It is estimated to grow at a CAGR of 13.9% from 2022 to 2030.



Combination of Different Modalities Drive Europe Laser Hair Removal Market

Many lasers and intense pulsed light (IPL) modalities have been introduced to treat multiple skin types and concerns. The combination of these modalities has emerged as one of the most recent and notable innovations in the laser hair removal market. The Duetto MT Evo from Lynton Lasers combines and delivers simultaneous emission of both a true Alexandrite 755 nm laser and Nd: YAG 1064 nm laser, which are individually considered as the gold standard lasers for hair removal on skin types 1-6. This combination renders this particular model exceptionally good at treating fine and fair hair, especially on the face.

The Quanta Systems Thunder MT system by Advanced Esthetics Solutions blends Alexandrite and Nd: YAG, delivering outstanding results in a wide range of treatments. The system uses both these wavelengths in simultaneous, sequential and singular modes, depending on the treatment and customers' needs. Further, Optiscan TH head incorporated in Thunder TH allows for semiautomatic treatment of wide scanning areas, reducing the treatment time and making it more effective. Thunder is suitable for hair removal applications for all skin types. It is also used to treat vascular lesions, skin rejuvenation, pigmentation, and onychomycosis, among other issues. Thus, the introduction of laser hair removal devices with combined modalities boosts the overall laser hair removal market growth.

Europe Laser Hair Removal Market Overview

The laser hair removal market in Europe is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. The region holds a significant share of the Europe laser hair removal market. The market growth in this region is attributed to the rising awareness of beauty standards and the availability of advanced technologies. Additionally, the growing presence of various domestic players across European countries and the product launches in the European market is boosting the laser hair removal market. Germany is among the top countries in the field of aesthetic medicine. According to ISAPS, 496,785 nonsurgical procedures were performed in Germany, and it ranked fifth for the nonsurgical aesthetic procedures in the world. It contributes 4.0% of the total procedures across the world. The total nonsurgical procedures performed in Germany were 536,150, and total cosmetic surgical procedures were 385,906. Lasers are widely used in skin resurfacing procedures such as facelifts, neck lifts, facial bone contouring, and hair removal to offer better results than invasive surgical procedures.

Europe Laser Hair Removal Market Revenue and Forecast to 2030 (US$ Million)

Europe Laser Hair Removal Market Segmentation

The Europe laser hair removal market is segmented into laser type, product type, end user, and country.

Based on laser type, the Europe laser hair removal market is segmented into alexanderite laser, diode laser, Nd: YAG laser, and others. The diode laser segment held the largest share of the Europe laser hair removal market in 2022.

Based on product type, the Europe laser hair removal market is bifurcated into multiple standard wavelength and specific standard wavelength. The multiple standard wavelength segment held a larger share of the Europe laser hair removal market in 2022.

Based on end user, the Europe laser hair removal market is segmented into beauty clinics, dermatology clinics, hospitals, and home use. The beauty clinics segment held the largest share of the Europe laser hair removal market in 2022.

Based on country, the Europe laser hair removal market is segmented into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Germany dominated the Europe laser hair removal market in 2022.

Alma Lasers Ltd, Candela Corp, Cutera Inc, Lumenis Be Ltd, Lutronic Co Ltd, Sciton Inc, and Sinclair Pharma Ltd are some of the leading companies operating in the Europe laser hair removal market.


Europe Laser Hair Removal Strategic Insights

Strategic insights for the Europe Laser Hair Removal provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Europe Laser Hair Removal Report Scope

Report Attribute Details
Market size in 2022 US$ 136.21 Million
Market Size by 2030 US$ 386.56 Million
Global CAGR (2022 - 2030) 13.9%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Laser Type
  • Alexanderite Laser
  • Diode Laser
  • Nd: YAG Laser
By Product Type
  • Multiple Standard Wavelength
  • Specific Standard Wavelength
By End User
  • Beauty Clinics
  • Dermatology Clinics
  • Hospitals
  • Home Use
Regions and Countries Covered Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Market leaders and key company profiles
  • Alma Lasers Ltd
  • Candela Corp
  • Cutera Inc
  • Lumenis Be Ltd
  • Lutronic Co Ltd
  • Sciton Inc
  • Sinclair Pharma Ltd
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    Europe Laser Hair Removal Regional Insights

    The geographic scope of the Europe Laser Hair Removal refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    The List of Companies - Europe Laser Hair Removal Market

    1. Alma Lasers Ltd

     

    2. Candela Corp

    3. Cutera Inc

    4. Lumenis Be Ltd

    5. Lutronic Co Ltd

    6. Sciton Inc

    7. Sinclair Pharma Ltd

    Frequently Asked Questions
    How big is the Europe Laser Hair Removal Market?

    The Europe Laser Hair Removal Market is valued at US$ 136.21 Million in 2022, it is projected to reach US$ 386.56 Million by 2030.

    What is the CAGR for Europe Laser Hair Removal Market by (2022 - 2030)?

    As per our report Europe Laser Hair Removal Market, the market size is valued at US$ 136.21 Million in 2022, projecting it to reach US$ 386.56 Million by 2030. This translates to a CAGR of approximately 13.9% during the forecast period.

    What segments are covered in this report?

    The Europe Laser Hair Removal Market report typically cover these key segments-

    • Laser Type (Alexanderite Laser, Diode Laser, Nd: YAG Laser)
    • Product Type (Multiple Standard Wavelength, Specific Standard Wavelength)
    • End User (Beauty Clinics, Dermatology Clinics, Hospitals, Home Use)

    What is the historic period, base year, and forecast period taken for Europe Laser Hair Removal Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Laser Hair Removal Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2030
  • Who are the major players in Europe Laser Hair Removal Market?

    The Europe Laser Hair Removal Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Alma Lasers Ltd
  • Candela Corp
  • Cutera Inc
  • Lumenis Be Ltd
  • Lutronic Co Ltd
  • Sciton Inc
  • Sinclair Pharma Ltd
  • Who should buy this report?

    The Europe Laser Hair Removal Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Europe Laser Hair Removal Market value chain can benefit from the information contained in a comprehensive market report.