Laser Hair Removal Market - Databook 2025 to 2034

The global laser hair removal market size was evaluated at USD 1,117 million in 2024 and is expected to grow around USD 5,916 million by 2034, registering a CAGR of 18.1% from 2025 to 2034.

Highlights of the Laser Hair Removal Market

• North America held a significant share of the laser hair removal market in 2024.
• Asia Pacific is projected to host the fastest-growing market in the coming years.
• By laser type, the diode segment held a dominant presence in the market in 2024.
• By laser type, the Nd: YAG segment is expected to grow at the fastest rate in the market during the forecast period of 2025 to 2034.
• By end-use, the beauty clinics segment enjoyed a prominent position in the market during 2024.
• By end-use, the dermatology clinics segment will gain a significant share of the market over the studied period of 2025 to 2034.

Industry Valuation and Growth Rate Projection

Laser hair removal is a popular cosmetic procedure that is non-invasive. It uses concentrated light beams to target and destroy hair roots and prevent regrowth, leading to almost permanent hair removal. Initially developed in the mid-1990s, this technology has evolved to offer precise, efficient, and relatively painless treatment. However, it is not suitable for all skin types and hair textures. Today, laser hair removal technology is widely used in dermatology clinics, medical spas, and through clincally-approved home-use devices, feeding the growing demand for effective and more permanent hair removal solutions.

The worldwide laser hair removal market is experiencing significant growth due to changing beauty standards and rising consumer preference for non-invasive aesthetic procedures and advancements in laser technology. The market key sectors utilizing laser hair removal services include dermatology clinics, beauty salons, and home-use device manufacturers. Laser hair removal has become quite popular among individuals looking for long-term hair reduction solutions for various areas of their body, including sensitive regions, contributing to its widespread adoption across especially among younger people.

Innovations such as diode and Nd: YAG lasers have improved treatment efficacy and safety, making procedures affordable, and accessible for a larger number of people.

Additionally, the increasing emphasis on personal grooming and aesthetic appearance, influenced by social media and celebrity endorsements worldwide.

Laser Hair Removal Market: Stats and Figures

• A study published in the Journal of Cosmetic Dermatology cited that professional laser hair removal treatments resulted in an 85% reduction in hair on the right underarm and an 88% reduction on the left underarm after a total of six sessions.
• Approximately 61% of consumers are willing to spend more on laser hair removal treatments to achieve better and longer-lasting results, indicating a strong demand for effective hair removal solutions.
• Men account for a growing percentage of laser hair removal clients, with a 172% increase in recent years, reflecting a significant shift in grooming preferences among male consumers.
• In 2024, there were approximately 513,800 monthly global searches for “laser hair removal,” with the USA accounting for 48% and the UK 14% of these searches, highlighting growing consumer interest and awareness.

How AI has Benefited the Laser Hair Removal Market

• Artificial intelligence algorithms analyze individual skin types and conditions, and set up the customization of laser settings for optimal efficacy and safety.
• Artificial intelligence-driven systems assess skin responses during procedures, allowing for immediate adjustments to laser parameters, thereby reducing the risk of negative effects.
• The use of AI improves the precision of skin condition diagnoses, facilitating more exact treatment planning and improved patient satisfaction.
• AI technologies streamline clinical workflows by minimizing human error and optimizing treatment protocols, leading to increased throughput and reduced procedure times.

Industry Leader Announcements

• Dr. Mathew Avaram, Director of the Massachusetts General Hospital Dermatology Laser & Cosmetic Center.

“There will be a paradigm shift in laser hair removal — a technology that’s remained relatively unchanged since it was invented in the mid-1990s.”

Geographical Insights

North America

• North America continues to lead the global laser hair removal market, commanding the largest revenue share in 2024. This high growth can be chalked up to the region’s advanced technological infrastructure, with North American firms pioneering innovations in laser hair removal technologies, including diode, Nd: YAG, and Alexandrite lasers. These developments in laser technology have led to better pain management, safety, and efficacy of hair removal. Additionally, the presence of sophisticated cooling systems, larger spot sizes, and higher repetition rates in devices has reduced treatment times and improved patient comfort.

Asia Pacific

The Asia Pacific region is projected to experience the fastest growth in the laser hair removal market, with a high CAGR during the forecast period. This rapid expansion is driven by factors such as increasing disposable incomes, rising demand of aesthetic procedures due to changing beauty trends, especially with the adoption of Korean and Western beauty standards, and a growing focus on personal grooming for both men and women. The region’s large population base and the proliferation of beauty clinics and dermatology centers are also contributing to the improved demand for laser hair removal services.

Europe

Europe’s robust healthcare system, coupled with a high demand for non-invasive cosmetic procedures, has fostered a helpful environment for market growth. German consumers show a strong preference for advanced aesthetic treatments, and the presence of skilled professionals and state-of-the-art clinics further supports the industry’s expansion.

Recent Developments in the Laser Hair Removal Market:

• In May 2025, Ideal Image, a leading aesthetic services provider, announced the integration of Candela’s GentleMax Pro Plus Laser system into its clinics. This advanced platform, featuring the new GLX Delivery system, aims to achieve outcomes, offering faster and more comfortable treatments for clients.
• IN April 204, Ulike, a China-based beauty tech company, introduced the Ulike Air 10, an innovation IPL hair removal device designed for home use. The Air 10 features Super Hair Removal mode and Sapphire Ice Cooling Technology, improving effectiveness and assuring skin safety during treatments.

Competitive Landscape

The worldwide laser hair removal market is characterized by a moderately concentrated landscape, with a few key players dominating the industry. These companies leverage advanced technologies, strategic partnerships, along with extensive research and development to maintain their market positions.

• Company Name: Cynosure
• Year of Incorporation: 1991
• Headquarters: Westford, Massachusetts, USA

Cynosure designs and manufactures aesthetic treatment systems utilized by medical professionals for hair removal and other non-invasive procedures. The company offers products like the Elite iQ platform, which provides customized laser hair removal treatments.

• Company Name: Cutera
• Year of Incorporation: 1998
• Headquarters: Brisbane, California, USA

Cutera develops and markets laser and other energy-based aesthetics systems for practitioners worldwide. The company’s product line includes devices for hair removal, skin revitalization, and body contouring. Cutera highlights technological innovations and global expansion across its presence in multiple countries across North America, Europe, and Asia.

• Company Name: Candela Corporation
• Year of Incorporation: 1970
• Headquarters: Marlborough, Massachusetts, USA

Candela Corporation is an aesthetic device company with an extensive portfolio of laser-based aesthetic devices, including the GentleMax Pro and Vibeam system, which are widely used for hair removal and skin treatments