Diode Laser for Hair Removal Market: By Type (Single Mode Laser Diodes, DFB & DBR Lasers, Broad Area Lasers, Super Luminescent Lasers, Others), By Mode of Operation (Continuous Wave, Pulsed Mode), By Wavelength (Near Infrared, Blue, Green, Red, Others), Application (Communications & Optical Storage, Medical, Military & Defense, Industrial, Instrumentation & Sensor, Others) and Geography    

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Diode Laser for Hair Removal Market Size was valued at USD 277.5 million in 2022 and is poised to grow at a significant CAGR of 9.5% over 2023-2029. The shifting trend towards maintaining optimal aesthetic beauty is one of the major drivers of the market. Various technological advancements in aesthetic lasers are also augmenting market growth. The easy availability of these devices in medical stores that offer personal care products is augmenting the product demand, thereby driving market growth. On the other hand, the growing number of FDA-approved products that are comparatively cheaper than the procedures will provide a growth opportunity for the market. Inflating disposable incomes and improving standards of living are increasing the focus of people on personal grooming. This, coupled with the rising popularity of targeted treatments, represents one of the key factors bolstering the market growth. Moreover, rapid urbanization, in confluence with the growing awareness about dermatology treatments, is also contributing to the market growth. The diode segment acquired the prominent revenue share of the laser hair removal market in 2021. The major revenue is credited to the high accuracy provided by these products. Diode lasers are capable of targeting a specific body part and efficiently damaging the hair without causing harm to the nearby skin of the area. Moreover, the product demand is expected to increase owing to the feasible time needed for removing hair as per the area of the body and volume of hair.

Diode Laser for Hair Removal Market Key Developments:
  • In May 2021, Permobil has acquired Progeo, an Italian manufacturer specializing in ultralightweight diode laser-based hair removal systems for adults and children. A news announcement said the purchase would bolster Permobil's ultralightweight wheelchair offerings in Europe. At this time, Progeo chairs are not expected to be available for sale in North America.
  • In March 2020, Invacare Corporation announced the launch of the Invacare® AVIVAâ„¢ FX Power Wheelchair, setting a new standard for the front-wheel drive power mobility market.

Diode Laser For Hair Removal Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

9.5%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Diode Laser for Hair Removal Market Dynamics

From the past three years period, laser device manufacturers have increased their product portfolio in the diode laser platform for hair removal application by expediting product approvals & launches, such growing number of products is expected to increase the availability of products in the market and anticipated to drive the growth of diode laser devices market for hair removal in coming future. For instance, In June 2020, FDA cleared Venus Concept to market and sell for its diode laser product, namely Venus Epileve; In March 2020, Cocoon Medical launched its Primelase diode laser platform, in the United States (US) market; In January 2020, Lumenis launched its newest platform used for hair removal, namely LightSheer Quattro, in Europe; In October 2018, Asclepion launched its latest diode laser systems, namely MeDioStar ; In 2018, InMode launched Triton platform, used for permanent hair reduction, with handpieces like Triton Duo Light and Triton Duo Dark

Diode Laser For Hair Removal Market Segmentation

By Laser Type

  • Diode Laser,
  • Nd:YAG Laser and
  • Alexandrite Laser

By End Use

  • Beauty Clinics,
  • Dermatology Clinics and
  • Home Use

Frequently Asked Questions

The Diode Laser for Hair Removal Market is projected to expand at a CAGR of 9.5% during the forecast period.

Alma Lasers, Ltd., Cynosure, Inc., Cutera Inc., Lumenis Ltd., Lutronic Corp., Lynton Lasers Ltd.

Asia-Pacific is the fastest-growing region for Diode Laser for Hair Removal Market

Key Features of the Report

  • The diode laser for hair removal market report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1. Executive Summary
2. Global Laser Diodes Market Introduction
2.1. Global Laser Diodes Market Taxonomy
2.2. Global Laser Diodes Market Definitions
2.2.1. Type
2.2.2. Application
3. Global Laser Diodes Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Laser Diodes Market Dynamic Factors - Impact Analysis
3.6. Global Laser Diodes Market Competition Landscape
4. Global Laser Diodes Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Laser Diodes Market Forecast, By Type, 2018 - 2022 and Forecast, 2023 - 2029
5.1. Single Mode Laser Diodes
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. DFB & DBR Lasers
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Broad Area Lasers
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Super Luminescent Lasers
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Others
5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global Laser Diodes Market Forecast, By Mode of Operation, 2018 - 2022 and Forecast, 2023 - 2029
6.1. Continuous Wave
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Pulsed Mode
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. Global Laser Diodes Market Forecast, By Wavelength, 2018 - 2022 and Forecast, 2023 - 2029
7.1. Near Infrared
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Blue
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Green
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Red
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Others
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
8. Global Laser Diodes Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 - 2029
8.1. Communications & Optical Storage
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Medical
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Military & Defense
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Industrial
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Instrumentation & Sensor
8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Others
8.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.6.3. Market Opportunity Analysis
9. Global Laser Diodes Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
9.1. North America
9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Laser Diodes Market - Opportunity Analysis Index, By Type, By Mode of Action, By Wavelength, By Application, and Region, 2023 - 2029
10. North America Laser Diodes Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
10.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.1.1. Single Mode Laser Diodes
10.1.2. DFB & DBR Lasers
10.1.3. Broad Area Lasers
10.1.4. Super Luminescent Lasers
10.1.5. Others
10.2. Mode of Operation Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Continuous Wave
10.2.2. Pulsed Mode
10.3. Wavelength Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Near Infrared
10.3.2. Blue
10.3.3. Green
10.3.4. Red
10.3.5. Others
10.4. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Communications & Optical Storage
10.4.2. Medical
10.4.3. Military & Defense
10.4.4. Industrial
10.4.5. Instrumentation & Sensor
10.4.6. Others
10.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Laser Diodes Market - Opportunity Analysis Index, By Type, By Mode of Action, By Wavelength, By Application, and Country, 2023 - 2029
10.7. North America Laser Diodes Market Dynamics Trends
11. Europe Laser Diodes Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
11.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.1.1. Single Mode Laser Diodes
11.1.2. DFB & DBR Lasers
11.1.3. Broad Area Lasers
11.1.4. Super Luminescent Lasers
11.1.5. Others
11.2. Mode of Operation Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Continuous Wave
11.2.2. Pulsed Mode
11.3. Wavelength Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Near Infrared
11.3.2. Blue
11.3.3. Green
11.3.4. Red
11.3.5. Others
11.4. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Communications & Optical Storage
11.4.2. Medical
11.4.3. Military & Defense
11.4.4. Industrial
11.4.5. Instrumentation & Sensor
11.4.6. Others
11.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Poland
11.5.8. Rest of Europe
11.6. Europe Laser Diodes Market - Opportunity Analysis Index, By Type, By Mode of Action, By Wavelength, By Application and Country, 2023 - 2029
11.7. Europe Laser Diodes Market Dynamics Trends
12. Asia-Pacific Laser Diodes Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
12.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.1.1. Single Mode Laser Diodes
12.1.2. DFB & DBR Lasers
12.1.3. Broad Area Lasers
12.1.4. Super Luminescent Lasers
12.1.5. Others
12.2. Mode of Operation Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Continuous Wave
12.2.2. Pulsed Mode
12.3. Wavelength Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Near Infrared
12.3.2. Blue
12.3.3. Green
12.3.4. Red
12.3.5. Others
12.4. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Communications & Optical Storage
12.4.2. Medical
12.4.3. Military & Defense
12.4.4. Industrial
12.4.5. Instrumentation & Sensor
12.4.6. Others
12.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. Japan
12.5.2. China
12.5.3. India
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Laser Diodes Market - Opportunity Analysis Index, By Type, By Mode of Action, By Wavelength, By Application and Country, 2023 - 2029
12.7. Asia-Pacific Laser Diodes Market Dynamics Trends
13. Latin America Laser Diodes Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
13.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.1.1. Single Mode Laser Diodes
13.1.2. DFB & DBR Lasers
13.1.3. Broad Area Lasers
13.1.4. Super Luminescent Lasers
13.1.5. Others
13.2. Mode of Operation Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Continuous Wave
13.2.2. Pulsed Mode
13.3. Wavelength Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Near Infrared
13.3.2. Blue
13.3.3. Green
13.3.4. Red
13.3.5. Others
13.4. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Communications & Optical Storage
13.4.2. Medical
13.4.3. Military & Defense
13.4.4. Industrial
13.4.5. Instrumentation & Sensor
13.4.6. Others
13.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Argentina
13.5.4. Rest of Latin America
13.6. Latin America Laser Diodes Market - Opportunity Analysis Index, By Type, By Mode of Action, By Wavelength, By Application and Country, 2023 - 2029
13.7. Latin America Laser Diodes Market Dynamics Trends
14. Middle East and Africa Laser Diodes Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
14.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.1.1. Single Mode Laser Diodes
14.1.2. DFB & DBR Lasers
14.1.3. Broad Area Lasers
14.1.4. Super Luminescent Lasers
14.1.5. Others
14.2. Mode of Operation Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.2.1. Continuous Wave
14.2.2. Pulsed Mode
14.3. Wavelength Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Near Infrared
14.3.2. Blue
14.3.3. Green
14.3.4. Red
14.3.5. Others
14.4. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Communications & Optical Storage
14.4.2. Medical
14.4.3. Military & Defense
14.4.4. Industrial
14.4.5. Instrumentation & Sensor
14.4.6. Others
14.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. Israel
14.5.3. South Africa
14.5.4. Rest of MEA
14.6. MEA Laser Diodes Market - Opportunity Analysis Index, By Type, By Mode of Action, By Wavelength, By Application and Country, 2023 - 2029
14.7. MEA Laser Diodes Market Dynamics Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Feedstock Material & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Hamamatsu Photonics K.K.
15.2.2. JDS Uniphase Corp.
15.2.3. Osram Licht Group
15.2.4. Panasonic Semiconductor Solutions Co., Ltd.
15.2.5. Rofin-Sinar Technologies, Inc.
15.2.6. Finisar
15.2.7. Avago Technologies
15.2.8. ROHM Co., Ltd.
15.2.9. IPG Photonics Corp.
15.2.10. Sharp Corp.
15.2.11. Nichia Corp.
15.2.12. Coherent, Inc.
15.2.13. Jenoptik AG
15.2.14. Newport Corp.
15.2.15. Trumpf GmbH
16. Research Methodology
17. Key Assumptions and Acronyms
  • JDS Uniphase JDS Uniphase Corp.
  • Osram Licht Group
  • Panasonic Semiconductor Solutions Co., Ltd.
  • Rofin-Sinar Technologies, Inc.
  • Finisar
  • Avago Technologies
  • ROHM Co., Ltd.
  • Sharp Corp.
  • Nichia Corp.
  • Coherent, Inc.
  • Jenoptik AG
  • Newport Corp.
  • Trumpf GmbH

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