Global Hair Removal Devices Market Report, by Product Type (Energy-Based Devices, Laser-Based Devices, and Intense Pulse Light (IPL) Devices), by End User (Dermatology Clinics and Beauty Clinics) and by Geography - Trends and Forecast to 2025

Global Hair Removal Devices Market - Insights

Businesses catering the equipment requirement of the commercial beauty clinics and dermatology clinics for hair removal devices and treatments have gained significant popularity in the recent past, owing to increasing beauty consciousness among consumers globally. These being non-surgical and non-invasive procedures, has led to increased consumer preferences. Moreover, these are widely used in dermatology and beauty clinics. This is expected to be among the major growth drivers for the market over the forecast period.

Alternative methods that include waxing, manual trimming, and using razors are relatively painful and lead to skin abrasions or irritation. Moreover, outcome of these methods are for a shorter period of time and require repetition after few days or weeks. However, utilization of these hair removal devices helps individuals’ treated area, hair-free for months or years, reducing the requirement for repetitive treatments after the complete procedure. This is among the major benefits that has in turn, led to growth of the market over the forecast period.

Figure 1. Global Hair Removal Devices Market, Key Impact Forces

Hair Removal Devices

SOURCE: COHERENT MARKET INSIGHTS (2018)

Compact devices and products offering multi-services for the cost of one system is among the prominent factors influencing the hair removal devices market growth

Next generation devices are compact, in order to reduce the footprint in the beauty and dermatologist facilities. Significant advantage of utilization of these machines is proving an array of aesthetic services that include skin treatment, anti-ageing skin rejuvenation treatment along with hair removal, for different body surfaces with a single machine. For instance, The Global Beauty Group offers products with five in one and 9 in 1 Intense Pulse Light (IPL) machines offering these aforementioned features. Company’s product under UltraLUX V4 IPL aids in pigmentation treatment, acne management, ultrasound body contouring, vascular therapy, and RF skin tightening. In conjunction with these factors, long durability, robustness, and high ROI, owing to multi-service offerings of these machines is expected to be factors for growth of the global hair removal devices market over the forecast period.

Increasing number of metrosexual men is a prominent factor fueling growth of this market. According to Uni K Wax—a unisex waxing studio—over 20% of clients were male, of which 19% had bikini services and 48% opting for back and shoulder services. Moreover, men participating in sport activities that include professional body building, wrestling, cycling, swimming, and athletics are also more inclined towards these treatments, and this is expected to drive the global hair removal devices market growth.

Drawbacks of these systems include providing non-uniform application results depending on the skin and hair textures of the individual. For instance, laser treatments are highly effective for hair colors that include black and different shades of brown. However, the treatment is less effective and requires longer times for blonde and red, with minimum effectiveness on colors that include white and grey. Moreover, high initial system costs and high penetration of alternative procedures that include trimmers, waxes, shaving, and threading are projected to be the major factors that hampering the hair removal devices market growth over the forecast period.

North America was the dominant region in the global hair removal devices market, and is expected to continue its dominance over the forecast period. This is primarily owing to high inclination of the consumers towards hairless body fashion trends. According to Coherent Market Insights Analysis, U.S. manscaping industry was pegged at over US$ 4 billion in 2015 in which hair removal services and products contributed around US$ 1 billion sales.

Some of the key players in the global hair removal devices market include Alma Lasers Ltd., Cutera Inc., Cynosure Inc., Fotona d.d., Lumenis Ltd., Lutronic Corp., Lynton Lasers Ltd., Sciton Inc., Solta Medical Inc., Syneron Medical Ltd., Strata Skin Sciences Inc., and Venus Concept Canada Corp.

Our study includes businesses that deal with manufacturing and supply of hair removal devices, specifically for beauty clinics and dermatology clinics. High inclination of consumers towards removal of unwanted hair from different body parts to enhance aesthetic appeal and avoid painful and frequent cumbersome conventional hair removal procedures is expected to be among the prominent factors fueling hair removal devices market growth.

Market Dynamics

Some of the prominent alternative methods that have found high industry penetration include waxing, shaving, threading, plucking, and electrolysis. However, most these methods are inherently painful and the effect is short-lived and often unsatisfactory. However, hair removal devices used in commercial clinic spaces are usually handled by experts and relatively very less painful. This is expected to be among the prominent factors influencing the growth of the growth of this industry. However, high initial cost of these systems, which in turn leads to high cost of these treatment in these commercial spaces is expected to hamper the global hair removal devices market growth.

Key features of the study:

  • This report provides in-depth analysis of hair removal devices, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017– 2025), considering 2016 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global hair removal devices market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, hair removal devices market capital, key developments, strategies, and future plans
  • Companies covered as part of this study include Alma Lasers Ltd., Cutera Inc., Cynosure Inc., Fotona d.d., Lumenis Ltd., Lutronic Corp., Lynton Lasers Ltd., Sciton Inc., Solta Medical Inc., Strata Skin Sciences Inc., Syneron Medical Ltd., and Venus Concept Canada Corp.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
  • The global hair removal devices market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the global hair removal devices market

Detailed Segmentation:

  • Global Hair Removal Devices Market, By Product Type:
    • Energy Based Devices
    • Laser Based Devices
    • Intense Pulse Light (IPL) Devices
  • Global Hair Removal Devices Market, By End User:
    • Dermatology Clinics
    • Beauty Clinics
  • Global Hair Removal Devices Market, By Geography:
    • North America
      • By Product Type:
        • Energy Based Devices
        • Laser Based Devices
        • Intense Pulse Light (IPL) Devices
      • By End User:
        • Dermatology Clinics
        • Beauty Clinics
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Product Type:
        • Energy Based Devices
        • Laser Based Devices
        • Intense Pulse Light (IPL) Devices
      • By End User:
        • Dermatology Clinics
        • Beauty Clinics
      • By Country:
        • Germany
        • UK
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Product Type:
        • Energy Based Devices
        • Laser Based Devices
        • Intense Pulse Light (IPL) Devices
      • By End User:
        • Dermatology Clinics
        • Beauty Clinics
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Latin America
      • By Product Type:
        • Energy Based Devices
        • Laser Based Devices
        • Intense Pulse Light (IPL) Devices
      • By End User:
        • Dermatology Clinics
        • Beauty Clinics
      • By Country:
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East
      • By Product Type:
        • Energy Based Devices
        • Laser Based Devices
        • Intense Pulse Light (IPL) Devices
      • By End User:
        • Dermatology Clinics
        • Beauty Clinics
      • By Country:
        • GCC Countries
        • Israel
        • Rest of Middle East
    • Africa
      • By Product Type:
        • Energy Based Devices
        • Laser Based Devices
        • Intense Pulse Light (IPL) Devices
      • By End User:
        • Dermatology Clinics
        • Beauty Clinics
      • By Country:
        • Northern Africa
        • Central Africa
        • South Africa
  • Company Profiles
    • Alma Lasers Ltd.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments/ Updates
    • Cutera Inc.
    • Cynosure Inc.
    • Fotona d.d.
    • Lumenis Ltd.
    • Lutronic Corp.
    • Lynton Lasers Ltd.
    • Sciton Inc.
    • Solta Medical Inc.
    • Strata Skin Sciences Inc.
    • Syneron Medical Ltd.
    • Venus Concept Canada Corp.

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Merger and Acquisitions
      • New system Launch/Approvals
      • Value Chain Analysis
      • Porter’s Analysis
      • PEST Analysis
  4. Global Hair Removal Devices Market, By Product Type, 2015–2025  (US$ Million)
    • Introduction
      • Market Share Analysis, 2015 and 2025 (%)
      • Segment Trends
    • Energy Based Devices
      • Introduction
      • Market Size and Forecast, 2015–2025, (US$ Million)
    • Laser Based Devices
      • Introduction
      • Market Size and Forecast, 2015–2025, (US$ Million)
    • Intense Pulse Light (IPL) Devices
      • Introduction
      • Market Size and Forecast, 2015–2025, (US$ Million)
  5. Global Hair Removal Devices Market, By End User, 2015–2025  (US$ Million)
    • Introduction
      • Market Share Analysis, 2015 and 2025 (%)
      • Segment Trends
    • Dermatology Clinics
      • Introduction
      • Market Size and Forecast, 2015–2025, (US$ Million)
    • Beauty Clinics
      • Introduction
      • Market Size and Forecast, 2015–2025, (US$ Million)
  6. Global Hair Removal Devices Market, By Regions, 2015–2025 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2015 and 2025 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2015–2025 (US$ Million)
      • Market Size and Forecast, By End User, 2015–2025 (US$ Million)
      • Market Share Analysis, By Country, 2015 and 2025 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2015–2025 (US$ Million)
      • Market Size and Forecast, By End User, 2015–2025 (US$ Million)
      • Market Share Analysis, By Country, 2015 and 2025 (%)
        • UK
        • Germany
        • Italy
        • France
        • Russia
        • Others
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2015–2025 (US$ Million)
      • Market Size and Forecast, By End User, 2015–2025 (US$ Million)
      • Market Share Analysis, By Country, 2015 and 2025 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Others
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2015–2025 (US$ Million)
      • Market Size and Forecast, By End User, 2015–2025 (US$ Million)
      • Market Share Analysis, By Country, 2015 and 2025 (%)
        • Brazil
        • Argentina
        • Mexico
        • Others
    • Middle East
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2015–2025 (US$ Million)
      • Market Size and Forecast, By End User, 2015–2025 (US$ Million)
      • Market Share Analysis, By Country, 2015 and 2025 (%)
        • Northern Africa
        • Central Africa
        • South Africa
    • Africa
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2015–2025 (US$ Million)
      • Market Size and Forecast, By End User, 2015–2025 (US$ Million)
      • Market Share Analysis, By Country, 2015 and 2025 (%)
        • Northern Africa
        • Central AfricaDer
        • South Africa
  7. Competitive Landscape
    • Company Profiles
      • Alma Lasers Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Cutera Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Cynosure Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Fotona d.d.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Lumenis Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Lutronic Corp.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Lynton Lasers Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Sciton Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Solta Medical Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Strata Skin Sciences Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Syneron Medical Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Venus Concept Canada Corp.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Hair Removal Devices Market - Global forecast to 2025”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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