Middle East & Africa Laser Hair Removal Market Size & Outlook
Middle East & Africa laser hair removal market, 2018-2030 (US$M)
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MEA laser hair removal market highlights
- The MEA laser hair removal market generated a revenue of USD 57.2 million in 2022.
- The market is expected to grow at a CAGR of 13.3% 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, UAE is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 57.2 million |
| Market revenue in 2030 | USD 155.1 million |
| Growth rate | 13.3% (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, MEA region accounted for 6.1% 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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Middle East & Africa 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 38.99% in 2022. Horizon Databook has segmented the Middle East & Africa 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.
MEA region mainly includes South Africa, Saudi Arabia, and UAE. MEA is anticipated to grow steadily during the forecast period. This can be attributed to increasing medical tourism in this region due to affordability.
The major drivers of market growth are technological advancements, increase in awareness among people, and rise in demand for laser hair removal. Increasing esthetic consciousness is another reason for increasing demand for products.
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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 Middle East & Africa laser hair removal market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa laser hair removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA laser hair removal market size, by country, 2018-2030 (US$M)
Middle East & Africa Laser Hair Removal Market Outlook Share, 2022 & 2030 (US$M)
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