PUBLISHER: The Insight Partners | PRODUCT CODE: 1494370
PUBLISHER: The Insight Partners | PRODUCT CODE: 1494370
The Middle East & Africa laser hair removal market is expected to grow from US$ 28.81 million in 2022 to US$ 68.10 million by 2030. It is estimated to grow at a CAGR of 11.4% from 2022 to 2030.
Combination of Different Modalities Drive Middle East & Africa Laser Hair Removal Market
Many lasers and intense pulsed light (IPL) modalities have been introduced to treat multiple skin types and concerns. The combination of these modalities has emerged as one of the most recent and notable innovations in the laser hair removal market. The Duetto MT Evo from Lynton Lasers combines and delivers simultaneous emission of both a true Alexandrite 755 nm laser and Nd: YAG 1064 nm laser, which are individually considered as the gold standard lasers for hair removal on skin types 1-6. This combination renders this particular model exceptionally good at treating fine and fair hair, especially on the face.
The Quanta Systems Thunder MT system by Advanced Esthetics Solutions blends Alexandrite and Nd: YAG, delivering outstanding results in a wide range of treatments. The system uses both these wavelengths in simultaneous, sequential and singular modes, depending on the treatment and customers' needs. Optiscan TH head incorporated in Thunder TH allows for semiautomatic treatment of wide scanning areas, reducing the treatment time and making it more effective. Thunder is suitable for hair removal applications for all skin types. It is also used to treat vascular lesions, skin rejuvenation, pigmentation, and onychomycosis, among other issues. Thus, the introduction of laser hair removal devices with combined modalities boosts the overall laser hair removal market growth.
Middle East & Africa Laser Hair Removal Market Overview
Middle East & Africa consists of the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. Medical aesthetics is one of the most trending treatments of the 21st century in the Middle East & Africa due to tremendous technological advancement and innovation by the companies dealing with laser hair removal devices, making them safer and even less invasive and attracting a wider population base opting for these procedures. Laser hair removal offers a permanent solution to unwanted body hair, unlike more traditional methods such as shaving and waxing. As over recent years the availability has increased, it has become the preferred choice for many women (and men) around the world. A course of treatments does not come cheap, with at least six sessions generally required to achieve long-term removal and top-up sessions often required every few months to maintain results. However, in the UAE, where wealth is in abundance and most visitors enjoy a lavish lifestyle, the price tag is not an issue for those seeking a solution that lasts. Laser hair removal practice is highly sought after as the UAE government regulates laser removal services strictly to ensure patient safety. All health facilities and healthcare professionals offering laser hair removal treatment must abide by the Laser and Intense Pulsed Light (IPL) Hair Reduction Standards. These regulations are developed by Dubai Health Authority's Health Regulation Department. Thus, the abovementioned factors are likely to generate opportunities for the growth of the laser hair removal market in the UAE.
Middle East & Africa Laser Hair Removal Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Laser Hair Removal Market Segmentation
The Middle East & Africa laser hair removal market is segmented into laser type, product type, end user, and country.
Based on laser type, the Middle East & Africa 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 Middle East & Africa laser hair removal market in 2022.
Based on product type, the Middle East & Africa 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 Middle East & Africa laser hair removal market in 2022.
Based on end user, the Middle East & Africa 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 Middle East & Africa laser hair removal market in 2022.
Based on country, the Middle East & Africa laser hair removal market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa laser hair removal market in 2022.
Alma Lasers Ltd, Candela Corp, Lumenis Be Ltd, Lutronic Co Ltd, and Sinclair Pharma Ltd are some of the leading companies operating in the Middle East & Africa laser hair removal market.