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Europe Laser Hair Removal Market Forecast to 2030
Europe Laser Hair Removal Market Forecast to 2030 – Regional 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)
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Description
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.
Summary Info
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According to the Research Team’ research, the Europe laser hair removal market was valued at US$ 136.21 million in 2022 and is expected to reach US$ 386.56 million by 2030, registering a CAGR of 13.9% from 2022 to 2030. Increasing number of hair removal procedures and rising popularity of laser-based hair removal among men are among the critical factors attributed to the Europe laser hair removal market expansion.
Laser hair removal is rapidly gaining traction in modern cosmetic dermatology. The standards of aesthetics and beauty are transforming every day for men and women alike. Men are willing to try out laser treatments for removing excessive hair, generally on the face, and neck, back, and chest parts. They especially appreciate the diode laser’s ability to remove even the coarsest hair from relatively large body areas. Getting rid of unwanted hair with the traditional methods is often painful, time-consuming, and gives temporary results that last for a few days to a few weeks. Therefore, just like women, men are also opting for long-lasting body hair removal treatments. Laser hair removal treatments for men offer a remarkable solution for eradicating pesky hair from hard-to-reach areas such as the back, shoulders, and buttocks, ensuring smooth and appealing surfaces.
This treatment is also deemed perfect for urban men who desire a neat and hygienic appearance, and it also serves as an ideal alternative to traditional hair removal methods that are tedious, time-consuming, and messy. Mankini laser hair removal is the male equivalent to full Brazilian laser hair removal. Mankini laser treatments are part of the growing manscaping trends amongst men.
On the contrary, side effects of laser hair removal procedures hamper the Europe laser hair removal market.
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 45.4% share of Europe laser hair removal market in 2022, amassing US$ 61.80 million. It is projected to garner US$ 184.70 million by 2030 to expand at 14.7% CAGR during 2022-2030.
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 62.2% share of Europe laser hair removal market in 2022, amassing US$ 84.72 million. It is projected to garner US$ 249.72 million by 2030 to expand at 14.5% CAGR during 2022-2030.
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 45.3% share of Europe laser hair removal market in 2022, amassing US$ 61.68 million. It is projected to garner US$ 186.57 million by 2030 to expand at 14.8% CAGR during 2022-2030.
Based on country, the Europe laser hair removal market has been categorized into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Our regional analysis states that Germany captured 29.5% share of Europe laser hair removal market in 2022. It was assessed at US$ 40.19 million in 2022 and is likely to hit US$ 136.26 million by 2030, exhibiting a CAGR of 16.5% during 2022-2030.
Key players operating in the Europe laser hair removal market are Alma Lasers Ltd, Candela Corp, Cutera Inc, Lumenis Be Ltd, Lutronic Co Ltd, Sciton Inc, and Sinclair Pharma Ltd, among others.
In May 2023, Alma Lasers Ltd unveiled its fifth Alma Academy at an event held in Lago Maggiore, Italy, from May 4 to May 6, 2023. The event was attended by 500 physicians from 46 countries across the world. Prior to Italy, the company had Alma Academies in countries such as Greece, North America, Spain, and Dubai. This will help in the company’s global expansion and vision for holistic wellness solutions.
In January 2020, Lumenis Be Ltd announced the launch of LightSheer Quattro. The product was launched in Paris, France, at the 22nd International Master Course on Aging Science (IMCAS) conference held from 30th January – 1st February 2020. The product was launched in France after the successful launch in the US in 2019.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Europe laser hair removal market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution
TABLE OF CONTENTS
1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Laser Hair Removal Market – Key Industry Dynamics
4.1 Europe Laser Hair Removal Market – Key Industry Dynamics
4.2 Market Drivers
4.2.1 Increasing Number of Hair Removal Procedures
4.2.2 Combination of Different Modalities
4.3 Market Restraints
4.3.1 Side Effects of Laser Hair Removal Procedures
4.4 Market Opportunities
4.4.1 Rising Popularity of Laser-Based Hair Removal Among Men
4.5 Future Trends
4.5.1 Advancements in Laser Hair Removal Products
4.6 Impact of Drivers and Restraints:
5. Laser Hair Removal Market – Europe Market Analysis
5.1 Europe Laser Hair Removal Market Revenue (US$ Million), 2022 – 2030
5.2 Europe Laser Hair Removal Market Forecast and Analysis
6. Europe Laser Hair Removal Market Analysis – Laser Type
6.1 Alexandrite Laser
6.1.1 Overview
6.1.2 Alexandrite Laser: Europe Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
6.2 Diode Laser
6.2.1 Overview
6.2.2 Diode Laser: Europe Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
6.3 Nd: YAG Laser
6.3.1 Overview
6.3.2 Nd: YAG Laser: Europe Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
6.4 Others
6.4.1 Overview
6.4.2 Others: Europe Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
7. Europe Laser Hair Removal Market Analysis – Product Type
7.1 Multiple Standard Wavelength
7.1.1 Overview
7.1.2 Multiple Standard Wavelength: Europe Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Specific Standard Wavelength
7.2.1 Overview
7.2.2 Specific Standard Wavelength: Europe Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
8. Europe Laser Hair Removal Market Analysis – End User
8.1 Beauty Clinics
8.1.1 Overview
8.1.2 Beauty Clinics: Europe Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Dermatology Clinics
8.2.1 Overview
8.2.2 Dermatology Clinics: Europe Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Hospitals
8.3.1 Overview
8.3.2 Hospitals: Europe Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Home Use
8.4.1 Overview
8.4.2 Home Use: Europe Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
9. Europe Laser Hair Removal Market – Country Analysis
9.1 Europe
9.1.1 Europe Laser Hair Removal Market Revenue and Forecasts and Analysis – By Country
9.1.1.1 Europe Laser Hair Removal Market Revenue and Forecasts and Analysis – By Country
9.1.1.2 Germany: Europe Laser Hair Removal Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.2.1 Overview
9.1.1.2.2 Germany: Europe Laser Hair Removal Market Breakdown by Laser Type
9.1.1.2.3 Germany: Europe Laser Hair Removal Market Breakdown by Product Type
9.1.1.2.4 Germany: Europe Laser Hair Removal Market Breakdown by End User
9.1.1.3 France: Europe Laser Hair Removal Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.3.1 Overview
9.1.1.3.2 France: Europe Laser Hair Removal Market Breakdown by Laser Type
9.1.1.3.3 France: Europe Laser Hair Removal Market Breakdown by Product Type
9.1.1.3.4 France: Europe Laser Hair Removal Market Breakdown by End User
9.1.1.4 United Kingdom: Europe Laser Hair Removal Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.4.1 Overview
9.1.1.4.2 United Kingdom: Europe Laser Hair Removal Market Breakdown by Laser Type
9.1.1.4.3 United Kingdom: Europe Laser Hair Removal Market Breakdown by Product Type
9.1.1.4.4 United Kingdom: Europe Laser Hair Removal Market Breakdown by End User
9.1.1.5 Italy: Europe Laser Hair Removal Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.5.1 Overview
9.1.1.5.2 Italy: Europe Laser Hair Removal Market Breakdown by Laser Type
9.1.1.5.3 Italy: Europe Laser Hair Removal Market Breakdown by Product Type
9.1.1.5.4 Italy: Europe Laser Hair Removal Market Breakdown by End User
9.1.1.6 Spain: Europe Laser Hair Removal Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.6.1 Overview
9.1.1.6.2 Spain: Europe Laser Hair Removal Market Breakdown by Laser Type
9.1.1.6.3 Spain: Europe Laser Hair Removal Market Breakdown by Product Type
9.1.1.6.4 Spain: Europe Laser Hair Removal Market Breakdown by End User
9.1.1.7 Rest of Europe: Europe Laser Hair Removal Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.7.1 Overview
9.1.1.7.2 Rest of Europe: Europe Laser Hair Removal Market Breakdown by Laser Type
9.1.1.7.3 Rest of Europe: Europe Laser Hair Removal Market Breakdown by Product Type
9.1.1.7.4 Rest of Europe: Europe Laser Hair Removal Market Breakdown by End User
10. Industry Landscape
10.1 Overview
10.2 Growth Strategies in Laser Hair Removal Market
10.3 Organic Growth Strategies
10.3.1 Overview
10.4 Inorganic Growth Strategies
10.4.1 Overview
11. Company Profiles
11.1 Alma Lasers Ltd
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Cutera Inc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Candela Corp
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Sciton Inc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Lutronic Co Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Sinclair Pharma Ltd
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Lumenis Be Ltd
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
12. Appendix
12.1 About the Research Team
LIST OF TABLES
Table 1. Europe Laser Hair Removal Market Segmentation
Table 2. Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million) – Laser Type
Table 4. Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million) – Product Type
Table 5. Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million) – End User
Table 6. Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 7. Germany: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Laser Type
Table 8. Germany: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 9. Germany: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 10. France: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Laser Type
Table 11. France: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 12. France: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 13. United Kingdom: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Laser Type
Table 14. United Kingdom: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 15. United Kingdom: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 16. Italy: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Laser Type
Table 17. Italy: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 18. Italy: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 19. Spain: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Laser Type
Table 20. Spain: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 21. Spain: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 22. Rest of Europe: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Laser Type
Table 23. Rest of Europe: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 24. Rest of Europe: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 25. Recent Organic Growth Strategies in Europe Laser Hair Removal Market
Table 26. Recent Inorganic Growth Strategies in the Europe Laser Hair Removal Market
LIST OF FIGURES
Figure 1. Europe Laser Hair Removal Market Segmentation, By Country
Figure 2. Impact Analysis of Drivers and Restraints
Figure 3. Europe Laser Hair Removal Market Revenue (US$ Million), 2022 – 2030
Figure 4. Europe Laser Hair Removal Market Share (%) – Laser Type, 2022 and 2030
Figure 5. Alexandrite Laser: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 6. Diode Laser: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 7. Nd: YAG Laser: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Others: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Europe Laser Hair Removal Market Share (%) – Product Type, 2022 and 2030
Figure 10. Multiple Standard Wavelength: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Specific Standard Wavelength Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Europe Laser Hair Removal Market Share (%) – End User, 2022 and 2030
Figure 13. Beauty Clinics: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Dermatology Clinics: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Hospitals: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Home Use: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Europe Laser Hair Removal Market, By Key Country – Revenue (2022) (US$ Million)
Figure 18. Europe Laser Hair Removal Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 19. Germany: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 20. France: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 21. United Kingdom: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 22. Italy: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 23. Spain: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 24. Rest of Europe: Europe Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 25. Growth Strategies in Laser Hair Removal Market
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
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