Laser Hair Loss Treatment Market Expected to Witness Significant Growth in the Forecast Years 2017-2025

Global Laser Hair Loss Treatment Market: Snapshot

The global market for laser hair loss treatment is likely to expand at a steady pace in the next few years, thanks to the steady rise in the number of companies foraying into the field and the increased availability of technologically advanced products in the global market. Steady rise in the numbers of specialty hair care clinics across the globe and rising consumer confidence in technological interventions for hair loss treatments are also leading to an increased demand for effective laser hair loss treatments from across the globe.

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Other factors such as busy lifestyles of the global population and the increased demand for easy-to-use and quicker solutions for treatment of hair loss are also benefitting the demand for laser devices treating hair loss as these devices promise a more effective and quicker impact when it comes to growing new hair follicles. Increased visibility of these products through advanced retail outlets such as hypermarkets and supermarkets in emerging economies is also significantly improving the growth prospects of the market.

Moreover, the rising preference of consumers to home treatments over the highly expensive treatments undertaken at specialized clinics is also acting as a promising growth driver for the market. Besides, a number of total hair transplant methods are beyond the financial capacities of a larger part of the world's population and several clinic-based treatments are either invasive or are based on chemicals. With the help of laser treatments, several of these issues are taken care of, thus leading to increased preference.

While the market presently acquires a large share of its revenue from developed economies in regions such as North America and Europe, a large share of demand is also being served from emerging economies across regions such as Latin America and Asia Pacific. Asia Pacific, especially is likely to emerge as one of the leading regional markets over the next few years.

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