North America Laser Hair Removal Market Forecast to 2030 - Regional Analysis - by Laser Type, Product Type, and End User

The North America laser hair removal market is expected to grow from US$ 233.31 million in 2022 to US$ 595.36 million by 2030. It is estimated to grow at a CAGR of 12.4% from 2022 to 2030.

Increasing Number of Hair Removal Procedures Drive North America Laser Hair Removal Market

In the past, waxing was introduced as a replacement for depilatory methods such as shaving and tweezing. The wax that was often regarded as the safest has now been rendered obsolete by cutting-edge laser hair removal technology. Several medical establishments in the US are embracing this semi-permanent hair removal approach, and many facilities operate by employing a group of specialists with combined expertise in providing cosmetic treatments, including laser hair removal. Laser hair removal treatments have improved significantly. With these enhancements, more efficient and faster systems have been introduced, ensuring a less painful experience due to features such as mini blasts of cryogen spray before each pulse to cool and numb and integrated chilled tips. According to data provided by the American Society of Plastic Surgeons in 2023, more than 750,000 laser hair removal procedures are performed in the US each year. Therefore, the increasing number of hair removal procedures propels the growth of the laser hair removal market globally.

North America Laser Hair Removal Market Overview

The North America laser hair removal market has been segmented into the US, Canada, and Mexico. The market growth in this region is attributed to the increasing cases of hair fall causing disorders such as Hirsutism, PCOS, and the rising number of hair removal treatments owing to the vast presence of beauty clinics in US and Canada. The growing medical tourism in Mexico for non-surgical beauty treatments is additionally driving the laser hair removal market in North America. North America Laser Hair Removal Market Revenue and Forecasts to 2030 (US$ Mn). The growth of the laser hair removal market in the US is attributed to the increasing cases of Hirsutism, PCOS, and related disorders, and the rising number of hair removal treatments in the country. According to Boston Children's Hospital, ~ 8% of women in the US are affected by Hirsutism, a condition in which women experience excessive hair growth in areas such as the face, chest, and back. According to the article published by PubMed Central in April 2020, the use of laser technology for hair removal in such medical conditions is found to be safe and effective, with an average clearance rate of 20-75% after 1-6 months of follow-up. Thus, laser hair removal treatments have gaining significant traction in the country. As per the Plastic Surgery Statistics Report released by the American Society of Plastic Surgeons, 757,808 laser hair removal treatments were performed by plastic surgeons in 2020 in the US. Therefore, the abovementioned factors are driving the laser hair removal market in the US.

North America Laser Hair Removal Market Segmentation

The North America laser hair removal market is segmented into laser type, product type, end user, and country.

Based on laser type, the North America laser hair removal market is segmented into alexanderite laser, diode laser, Nd: YAG laser, and others. The diode laser segment held the largest share of the North America laser hair removal market in 2022.

Based on product type, the North America laser hair removal market is bifurcated into multiple standard wavelength and specific standard wavelength. The multiple standard wavelength segment held a larger share of the North America laser hair removal market in 2022.

Based on end user, the North America laser hair removal market is segmented into beauty clinics, dermatology clinics, hospitals, and home use. The beauty clinics segment held the largest share of the North America laser hair removal market in 2022.

Based on country, the North America laser hair removal market is segmented into the US, Canada, and Mexico. The US dominated the North America laser hair removal market in 2022.

Alma Lasers Ltd, Candela Corp, Citation Spectrum LLC, Cutera Inc, Cynosure LLC, Lumenis Be Ltd, Lutronic Co Ltd, Sciton Inc, Sinclair Pharma Ltd, and Vertex Lasers Inc are some of the leading companies operating in the North America laser hair removal market.