Rising Beauty Consciousness to Steer Laser Hair Removal Devices Market Past US$ 11.2 Billion by 2033 | Future Market Insights, Inc. [Yahoo! Finance]
Cutera, Inc. (CUTR)
Last cutera, inc. earnings: 2/26 04:10 pm
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Source: Yahoo! Finance
However, side effects of laser hair removal procedures hinder the market growth. NEWARK, Del, Nov. 28, 2023 (GLOBE NEWSWIRE) -- The global laser hair removal devices market value is expected to reach US$ 3.3 billion in 2023. Over the forecast period, global sales of laser hair removal devices are likely to rise at 13.0% CAGR . By 2033, total market value is anticipated to reach US$ 11.2 billion In 2022, the worldwide laser hair removal devices industry valuation totaled US$ 2.9 billion . Looking forward, the same market is projected to generate an absolute growth of US$ 7.9 billion during the assessment period. Sales of lasers are likely to outpace those of other laser hair removal products during the projection period. This is due to their effectiveness, low maintenance costs, and fewer side effects. As per the latest analysis, demand for lasers is predicted to rise at CAGR through 2033, in comparison to the CAGR recorded during the historical period from 2018 to 2022. Get Inst
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