- Diode Laser,
- Nd:YAG Laser and
- Alexandrite Laser
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.
Study Period
2024-2030Base Year
2023CAGR
9.5%Largest Market
North AmericaFastest Growing Market
Asia Pacific
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
By Laser Type
By End Use
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
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)Â |
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)Â |
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)Â |
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)Â |
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 |