Middle East & Africa Laser Hair Removal Market Forecast to 2030
Middle East & Africa 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 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.
Summary Info
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According to the Research Team’ research, the Middle East & Africa laser hair removal market was valued at US$ 28.81 million in 2022 and is expected to reach US$ 68.10 million by 2030, registering a CAGR of 11.4% from 2022 to 2030. Increasing number of hair removal procedures and combination of different modalities are among the critical factors attributed to the Middle East & Africa laser hair removal market expansion.
In the past, waxing was introduced as a replacement for depilatory methods such as shaving and tweezing. The wax that was often regarded as the safest has now been rendered obsolete by cutting-edge laser hair removal technology. Several medical establishments in various countries in the world are embracing this semipermanent hair removal approach, and many facilities operate by employing a group of specialists with combined expertise in providing cosmetic treatments, including laser hair removal. Laser hair removal treatments have improved significantly. With these enhancements, more efficient and faster systems have been introduced, ensuring a less painful experience due to features such as mini blasts of cryogen spray before each pulse to cool and numb and integrated chilled tips. Therefore, the increasing number of hair removal procedures propels the growth of the laser hair removal market globally.
On the contrary, side effects of laser hair removal procedures hamper the Middle East & Africa laser hair removal market.
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 45.3% share of Middle East & Africa laser hair removal market in 2022, amassing US$ 13.05 million. It is projected to garner US$ 33.31 million by 2030 to expand at 12.4% CAGR during 2022-2030.
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 61.6% share of Middle East & Africa laser hair removal market in 2022, amassing US$ 17.76 million. It is projected to garner US$ 43.23 million by 2030 to expand at 11.8% CAGR during 2022-2030.
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 45.2% share of Middle East & Africa laser hair removal market in 2022, amassing US$ 13.02 million. It is projected to garner US$ 33.06 million by 2030 to expand at 12.4% CAGR during 2022-2030.
Based on country, the Middle East & Africa laser hair removal market has been categorized into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 31.5% share of Middle East & Africa laser hair removal market in 2022. It was assessed at US$ 9.08 million in 2022 and is likely to hit US$ 22.84 million by 2030, exhibiting a CAGR of 12.2% during 2022-2030.
Key players operating in the Middle East & Africa laser hair removal market are Alma Lasers Ltd, Candela Corp, Lumenis Be Ltd, Lutronic Co Ltd, and Sinclair Pharma Ltd, among others.
In January 2021, Candela Corporation collaborated with Merz Aesthetics to offer a comprehensive range of medical aesthetics products, which is among the most extensive in the world. The collaboration commenced in North America and gradually expanded to other regions. It brought together the expertise of a renowned esthetics business and a leading esthetic device company. The collaboration will also provide customers with convenient customer service and training.
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 Middle East & Africa 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 Middle East & Africa 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. Middle East & Africa Laser Hair Removal Market – Key Industry Dynamics
4.1 Middle East & Africa 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 – Middle East & Africa Market Analysis
5.1 Middle East & Africa Laser Hair Removal Market Revenue (US$ Million), 2022 – 2030
5.2 Middle East & Africa Laser Hair Removal Market Forecast and Analysis
6. Middle East & Africa Laser Hair Removal Market Analysis – Laser Type
6.1 Alexandrite Laser
6.1.1 Overview
6.1.2 Alexandrite Laser: Middle East & Africa Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
6.2 Diode Laser
6.2.1 Overview
6.2.2 Diode Laser: Middle East & Africa 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: Middle East & Africa Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
6.4 Others
6.4.1 Overview
6.4.2 Others: Middle East & Africa Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
7. Middle East & Africa Laser Hair Removal Market Analysis – Product Type
7.1 Multiple Standard Wavelength
7.1.1 Overview
7.1.2 Multiple Standard Wavelength: Middle East & Africa 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: Middle East & Africa Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Laser Hair Removal Market Analysis – End User
8.1 Beauty Clinics
8.1.1 Overview
8.1.2 Beauty Clinics: Middle East & Africa Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Dermatology Clinics
8.2.1 Overview
8.2.2 Dermatology Clinics: Middle East & Africa Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Hospitals
8.3.1 Overview
8.3.2 Hospitals: Middle East & Africa Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Home Use
8.4.1 Overview
8.4.2 Home Use: Middle East & Africa Laser Hair Removal Market, Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Laser Hair Removal Market – Country Analysis
9.1 Middle East and Africa
9.1.1 Middle East & Africa Laser Hair Removal Market Revenue and Forecasts and Analysis – By Country
9.1.1.1 Middle East & Africa Laser Hair Removal Market Revenue and Forecasts and Analysis – By Country
9.1.1.2 Saudi Arabia: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.2.1 Overview
9.1.1.2.2 Saudi Arabia: Middle East & Africa Laser Hair Removal Market Breakdown by Laser Type
9.1.1.2.3 Saudi Arabia: Middle East & Africa Laser Hair Removal Market Breakdown by Product Type
9.1.1.2.4 Saudi Arabia: Middle East & Africa Laser Hair Removal Market Breakdown by End User
9.1.1.3 South Africa: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.3.1 Overview
9.1.1.3.2 South Africa: Middle East & Africa Laser Hair Removal Market Breakdown by Laser Type
9.1.1.3.3 South Africa: Middle East & Africa Laser Hair Removal Market Breakdown by Product Type
9.1.1.3.4 South Africa: Middle East & Africa Laser Hair Removal Market Breakdown by End User
9.1.1.4 United Arab Emirates: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.4.1 Overview
9.1.1.4.2 United Arab Emirates: Middle East & Africa Laser Hair Removal Market Breakdown by Laser Type
9.1.1.4.3 United Arab Emirates: Middle East & Africa Laser Hair Removal Market Breakdown by Product Type
9.1.1.4.4 United Arab Emirates: Middle East & Africa Laser Hair Removal Market Breakdown by End User
9.1.1.5 Rest of Middle East & Africa: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.5.1 Overview
9.1.1.5.2 Rest of Middle East & Africa: Middle East & Africa Laser Hair Removal Market Breakdown by Laser Type
9.1.1.5.3 Rest of Middle East & Africa: Middle East & Africa Laser Hair Removal Market Breakdown by Product Type
9.1.1.5.4 Rest of Middle East & Africa: Middle East & Africa 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 Candela Corp
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 Lutronic Co Ltd
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 Sinclair Pharma Ltd
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 Lumenis Be 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
12. Appendix
12.1 About the Research Team
LIST OF TABLES
Table 1. Middle East & Africa Laser Hair Removal Market Segmentation
Table 2. Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million) – Laser Type
Table 4. Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million) – Product Type
Table 5. Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million) – End User
Table 6. Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 7. Saudi Arabia: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Laser Type
Table 8. Saudi Arabia: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 9. Saudi Arabia: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 10. South Africa: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Laser Type
Table 11. South Africa: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 12. South Africa: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 13. United Arab Emirates: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Laser Type
Table 14. United Arab Emirates: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 15. United Arab Emirates: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 16. Rest of Middle East & Africa: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Laser Type
Table 17. Rest of Middle East & Africa: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 18. Rest of Middle East & Africa: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 19. Recent Organic Growth Strategies in Laser Hair Removal Market
Table 20. Recent Inorganic Growth Strategies in the Laser Hair Removal Market
LIST OF FIGURES
Figure 1. Middle East & Africa Laser Hair Removal Market Segmentation, By Country
Figure 2. Impact Analysis of Drivers and Restraints
Figure 3. Middle East & Africa Laser Hair Removal Market Revenue (US$ Million), 2022 – 2030
Figure 4. Middle East & Africa Laser Hair Removal Market Share (%) – Laser Type, 2022 and 2030
Figure 5. Alexandrite Laser: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 6. Diode Laser: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 7. Nd: YAG Laser: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Others: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Middle East & Africa Laser Hair Removal Market Share (%) – Product Type, 2022 and 2030
Figure 10. Multiple Standard Wavelength: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Specific Standard Wavelength: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Middle East & Africa Laser Hair Removal Market Share (%) – End User, 2022 and 2030
Figure 13. Beauty Clinics: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Dermatology Clinics: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Hospitals: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Home Use: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Middle East & Africa Laser Hair Removal Market, By Key Country – Revenue (2022) (US$ Million)
Figure 18. Middle East & Africa Laser Hair Removal Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 19. Saudi Arabia: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 20. South Africa: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 21. United Arab Emirates: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 22. Rest of Middle East & Africa: Middle East & Africa Laser Hair Removal Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 23. Growth Strategies in Laser Hair Removal Market
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
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