Europe Laser Hair Removal Market Size & Outlook, 2022-2030
Europe laser hair removal market, 2018-2030 (US$M)
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Europe laser hair removal market highlights
- The Europe laser hair removal market generated a revenue of USD 126.5 million in 2022.
- The market is expected to grow at a CAGR of 17.9% from 2023 to 2030.
- In terms of segment, diode laser was the largest revenue generating laser type in 2022.
- Nd:YAG Laser is the most lucrative laser type segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 126.5 million |
| Market revenue in 2030 | USD 471.0 million |
| Growth rate | 17.9% (CAGR from 2022 to 2030) |
| Largest segment | Diode laser |
| Fastest growing segment | Nd:YAG Laser |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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) |
Other key industry trends
- In terms of revenue, Europe region accounted for 13.6% of the global laser hair removal market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 902.6 million by 2030.
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Laser Hair Removal Market Scope
Laser Hair Removal Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe laser hair removal market outlook
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 39.21% in 2022. Horizon Databook has segmented the Europe 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.
The EU Regulation 2017/745 includes regulatory guidelines for products such as esthetic implants, lipolysis & liposuction equipment, cosmetic lenses, and other electronic devices used in esthetic applications. Devices used in the laser hair removal are also included in the guideline.
Moreover, the European Committee for Standardization approved the EN 16372 standard in 2015 and the EN 16844 standard in 2017, thereby ensuring harmonized practicing standards across the member countries and facilitating market growth.
The region is expected to grow at a lucrative rate during forecast period due to the presence of skilled professionals, well-established healthcare infrastructure, and rise in geriatric population.
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Our clientele includes a mix of laser hair removal market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe laser hair removal market , including forecasts for subscribers. This continent databook contains high-level insights into Europe laser hair removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe laser hair removal market size, by country, 2018-2030 (US$M)
Europe Laser Hair Removal Market Outlook Share, 2022 & 2030 (US$M)
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