Market revenue in 2022 | USD 53.6 million |
Market revenue in 2030 | USD 215.6 million |
Growth rate | 19% (CAGR from 2022 to 2030) |
Largest segment | Diode laser |
Fastest growing segment | Nd:YAG Laser |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Diode Laser, Nd:YAG Laser, Alexandrite Laser |
Key market players worldwide | Cynosure, Alma Lasers Ltd, Bausch Health Companies Inc, Cutera Inc, Candela Medical, Lumenis, Venus Group, Sinclair Pharma plc, UltraShape Ltd. (Syneron Medical) |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to laser hair removal market will help companies and investors design strategic landscapes.
Diode laser was the largest segment with a revenue share of 39.37% in 2022. Horizon Databook has segmented the China laser hair removal market based on diode laser, nd:yag laser, alexandrite laser covering the revenue growth of each sub-segment from 2018 to 2030.
China is projected to account for the largest geriatric pool in the world in the coming years because of rise in aging population. The geriatric population in China accounted for around 10.1% of its total population in 2015, as estimated by the U.S. Census Bureau.
According to a recent article, around 3 million people in China undergo cosmetic surgeries every year. Availability of resources for the development of advanced technology and products at economical costs has resulted in an increase in the number of medical device manufacturing facilities in the country.
Moreover, social media apps such as Meitu, Instagram, WeChat, Snapchat, and others have changed the way how people in China perceive their appearance. In 2018, there were about 20 million medical esthetic consumers, of which ~64% were born after 1990 and ~19% were post-millennial, in the country, as per a report by So-Young, a NASDAQ-listed online plastic surgery marketplace in China.
Horizon Databook provides a detailed overview of country-level data and insights on the China laser hair removal market , including forecasts for subscribers. This country databook contains high-level insights into China laser hair removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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