U.S. Laser Hair Removal Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Gender, by Age group, by End User : Opportunity Analysis and Industry Forecast, 2022-2031

Appearance plays a major role for growth in different professions, hence a lot of artists are seen opting for a procedure termed laser hair removal wherein hair is removed using non-invasive aesthetic procedure from face, leg, arm, underarm, chin, and other body parts. Laser light is absorbed by a pigment in the hair shaft, which damages the hair follicle, thus preventing its growth in the targeted area. This process is termed as laser hair removal, and has gained popularity in the U.S.

Most people opt for laser hair removal owing to the effectiveness of the procedure. Laser hair removal also helps treat different conditions apart from offering appealing look for the end user. This increases its demand among the end users, thus boosting the market growth in the U.S.

Laser hair removal, despite effectiveness, comes with side effects and potential risks for the end user. It may cause burns, lead to skin discoloration and other side effects, which is projected to hamper the market growth. Also, the cost of the procedure is high and depends on the number of sessions, the type of laser used and the target area for hair removal. This factor is known to hinder the growth of the market in the U.S.

Factors such as hormonal changes due to aging among women and an urge to look beautiful are projected to foster the growth of the U.S. laser hair removal market during the forecast period. According to American Society of Plastic Surgeons (ASPS), a total of 635,618 hair removal procedures were performed in the U.S., and 84% hair removal procedures were performed in female population.

The U.S. laser hair removal market is segmented into type, gender, age group and End User. On the basis of type, the market is segmented into alexandrite laser hair removal, diode laser hair removal and others. Others include ruby laser hair removal, and Nd:YAG system.

By gender, the market is bifurcated into male and female segment.

On the basis of age group, the market is divided into 13 to 29, 30 to 54, and 55 to 69.

On the basis of service provider, the market is segmented into hospitals, clinic and others. Others segment includes beauty salon and at home.

The trend of removal of unwanted hair from face or other areas is expected to be the primary driver for the market growth in the U.S. In addition, people tend to switch to laser hair removal devices that are portable and can be used at home, or carried anywhere. Thus, introduction of such devices is a target focus area for the manufacturers. This is anticipated to bring in lucrative growth opportunities for the key players operating in the market.

Key players operating in the U.S. laser hair removal market include Alma Lasers, Cynosure, Inc., Cutera, Inc., Lumenis, Sciton, Inc., Syneron Candela, Fotona, Lynton Lasers, Venus Concept, and Sharplight Technologies. These key players are adopting different strategies to sustain the intense competition and maintain their foothold in the market.

Key Benefits for Stakeholders

• Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
• Analyze the key strategies adopted by major market players in U.S. laser hair removal market.
• Assess and rank the top factors that are expected to affect the growth of U.S. laser hair removal market.
• Top Player positioning provides a clear understanding of the present position of market players.
• Detailed analysis of the U.S. laser hair removal market segmentation assists to determine the prevailing market opportunities.
• Identify key investment pockets for various offerings in the market.

  U.S. Laser Hair Removal Market Report Highlights