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:
61
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Report Code:
BMIRE00029891
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Category:
Life Sciences
The Middle East & Africa laser hair removal market is expected to grow from US$ 28.81 million in 2022 to US$ 68.10 million by 2030. It is estimated to grow at a CAGR of 11.4% from 2022 to 2030.
Combination of Different Modalities Drive Middle East & Africa 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. 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.
Middle East & Africa Laser Hair Removal Market Overview
Middle East & Africa consists of the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. Medical aesthetics is one of the most trending treatments of the 21st century in the Middle East & Africa due to tremendous technological advancement and innovation by the companies dealing with laser hair removal devices, making them safer and even less invasive and attracting a wider population base opting for these procedures. Laser hair removal offers a permanent solution to unwanted body hair, unlike more traditional methods such as shaving and waxing. As over recent years the availability has increased, it has become the preferred choice for many women (and men) around the world. A course of treatments does not come cheap, with at least six sessions generally required to achieve long-term removal and top-up sessions often required every few months to maintain results. However, in the UAE, where wealth is in abundance and most visitors enjoy a lavish lifestyle, the price tag is not an issue for those seeking a solution that lasts. Laser hair removal practice is highly sought after as the UAE government regulates laser removal services strictly to ensure patient safety. All health facilities and healthcare professionals offering laser hair removal treatment must abide by the Laser and Intense Pulsed Light (IPL) Hair Reduction Standards. These regulations are developed by Dubai Health Authority's Health Regulation Department. Thus, the abovementioned factors are likely to generate opportunities for the growth of the laser hair removal market in the UAE.
Middle East & Africa Laser Hair Removal Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Laser Hair Removal Market Segmentation
The Middle East & Africa laser hair removal market is segmented into laser type, product type, end user, and country.
Based on laser type, the Middle East & Africa 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 Middle East & Africa laser hair removal market in 2022.
Based on product type, the Middle East & Africa 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 Middle East & Africa laser hair removal market in 2022.
Based on end user, the Middle East & Africa 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 Middle East & Africa laser hair removal market in 2022.
Based on country, the Middle East & Africa laser hair removal market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa laser hair removal market in 2022.
Alma Lasers Ltd, Candela Corp, Lumenis Be Ltd, Lutronic Co Ltd, and Sinclair Pharma Ltd are some of the leading companies operating in the Middle East & Africa laser hair removal market.
Middle East & Africa Laser Hair Removal Strategic Insights
Strategic insights for the Middle East & Africa 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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Middle East & Africa Laser Hair Removal Report Scope
Report Attribute
Details
Market size in 2022
US$ 28.81 Million
Market Size by 2030
US$ 68.10 Million
Global CAGR (2022 - 2030)
11.4%
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
Middle East and Africa
South Africa
Saudi Arabia
UAE
Rest of Middle East and Africa
Market leaders and key company profiles
Alma Lasers Ltd
Candela Corp
Lumenis Be Ltd
Lutronic Co Ltd
Sinclair Pharma Ltd
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Middle East & Africa Laser Hair Removal Regional Insights
The geographic scope of the Middle East & Africa 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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Identical Market Reports with other Region/Countries
The List of Companies - Middle East & Africa Laser Hair Removal Market
1. Alma Lasers Ltd
2. Candela Corp
3. Lumenis Be Ltd
4. Lutronic Co Ltd
5. Sinclair Pharma Ltd
Frequently Asked Questions
How big is the Middle East & Africa Laser Hair Removal Market?
The Middle East & Africa Laser Hair Removal Market is valued at US$ 28.81 Million in 2022, it is projected to reach US$ 68.10 Million by 2030.
What is the CAGR for Middle East & Africa Laser Hair Removal Market by (2022 - 2030)?
As per our report Middle East & Africa Laser Hair Removal Market, the market size is valued at US$ 28.81 Million in 2022, projecting it to reach US$ 68.10 Million by 2030. This translates to a CAGR of approximately 11.4% during the forecast period.
What segments are covered in this report?
The Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa Laser Hair Removal Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2030
Who are the major players in Middle East & Africa Laser Hair Removal Market?
The Middle East & Africa 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
Lumenis Be Ltd
Lutronic Co Ltd
Sinclair Pharma Ltd
Who should buy this report?
The Middle East & Africa 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 Middle East & Africa Laser Hair Removal Market value chain can benefit from the information contained in a comprehensive market report.
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