Laser Hair Regrowth Equipment Market

Market Overview

According to Reed Intelligence the Global Laser Hair Regrowth Equipment Market Size will approximately grow at a CAGR of 14.4% during the forecast period.

Laser hair growth treatment is a treatment which promotes new hair growth, hair thickness and preventing further hair loss. This technology uses a low-level laser to stimulate the cellular activity of the hair follicles. This technology works on the principle of photo biomodulation.

The lasers used to promote hair growth are low-level lasers. Applying a low-level laser treatment to the scalp helps create an environment that is conducive to hair growth. The energy emitted by the laser light helps to reduce hair loss and strengthen the hair shaft. Laser hair therapy stimulates the hair follicles by increasing blood flow to the scalp. There are various equipment’s used for the hair growth using laser system. Laser caps, Laser Combs, Laser helpmates are equipment’s used for the laser treatment. The Laser caps have laser diodes embedded in it providing widespread coverage of the scalp. Laser combs resemble traditional hair combs and feature laser diodes.

The Alopecia, or hair loss due to increasing stress in the youngsters emerges the need for laser hair growth treatment. Physical or emotional stress may cause one half to three quarters of scalp hair to shed. This kind of hair loss is called telogen effluvium. Hair tends to come out in handfuls while combing, shampoo etc.

These are some of the major reasons driving the growth of the Laser hair treatment in commercial and household purposes are driving the market of the Laser Hair regrowth Equipment Market.

Market Dynamics

Market Drivers

• Increased Hair Loss Conditions

The growth of the conditions like androgenetic alopecia and age-related hair thinning is driving the market of the laser treatment as more individuals experience hair loss. The need of treatment for these cases and increased awareness among the people regarding hair health leads to use of laser equipment’s as they are non-invasive and drug free source of treatment. People are mostly proffering the laser treatment over the conventional methods like surgeries and topical medications. Laser treatment is also used as a complementary treatment with ongoing therapies and treatment. Laser systems are also used as self-treatment options and can be used by the people facing hair loss issues at home without travelling to any clinic. This drives the market of the Laser hair treatment equipment’s.

• Technology And Innovation

The innovation in the laser treatment products which are convenient to use at home and offer efficacy and also easy to use equipment’s. The devices available in the market for hair laser treatments consist of high-quality laser diodes which have wavelengths and energy levels which are required for hair growth. The Equipment’s producers are making innovations in the products like wireless, easy to handle and having customizable treatment settings which satisfies the customers. The portability of the devices is driving the home use of the devices. Technological innovations are providing the integration of laser hair growth devices with digital platforms. This helps in tracking the treatment status. These digital advancements attract the customers and increase the customer engagement.

Market Restraints

• High Costs

The Laser hair growth equipment’s have high costs and as compared to the conventional treatments for hair growth. This may lead to reduced preference of the people who cannot afford buying this equipment’s eventually affecting the demand and the sales of the products. The concern of affordability may be also considered by the manufacturers to reduce the cost in order to increase the sales. This may affect the innovation in the equipment’s which require higher level of components and are costly. These costly components majorly affect the cost of the devices. Thus, increased in innovations has made the products more expensive resulting into the increased price which is not affordable by people with lower income which acts as a major restraint for the Laser Hair Regrowth Equipment’s market.

Market Scope

Segmental Analysis

Segment by Type

• Laser Caps

Laser caps are just like normal caps that are light weight and comfortable to use. Laser caps have laser diodes incorporated in it which emits low level of laser therapy. This works by emitting light directly on the scalp which stimulates the hair follicles and promotes hair growth. The cap does not require any hold by the hands, once the cap is worn It attaches to the scalp which makes it easy to use at home. These are portable and can be carried any where we go. It does not require a separate time to treat and can be used whenever the user wants and continue working. They have this advantage over the equipment’s which are fixed placed and the customer requires to go to the place to get the treatment done.

• Laser Comb

Laser Combs works on the principle of LLLT which means low level laser treatment in which lower level of light is emitted for treatment. The laser diodes emit light in red or infrared spectrum which is absorbed by the hair follicles. This increases blood circulation and promotes the hair follicle activity. This leads to hair growth and thickening. Laser combs allow targeted treatment by applying the laser light on the scalp. The comb needs to be used in the area of scalp where the user wants hair growth. It is convenient to use but costly as it offers high tech treatment and convenience in the product.

• Laser Helmets

Laser helmets are same in appearance with the regular helmets which are light in weight. These have laser diodes which are incorporated in the helmate to deliver therapy by emitting light on the scalp to promote hair growth. Laser helmets also use the low-level laser emission treatment which stimulates the hair follicle promoting the hair growth. These are generally used at home which allows the users to take a convenient and private treatment. This reduces the efforts of visiting the clinics frequently making it time saving and efficient for the user.

Segment by Application

• Household

The Laser hair regrowth treatment can be taken at home conveniently and efficiently. The equipment’s like laser casemates and Laser combs can be used at home without visiting the clinic for treatment. It is mostly preferred over regular drug treatment or surgery to avoid pain and taking drug dosages on daily basis. The laser treatment may not require the doctor’s interference. The treatment equipment varies on the basis of purpose of the treatment. The users can follow the protocols given on the products to optimize and effectively use the equipment. It has high costs but can be used if getting treatment in the clinics is not possible. It has become convenient for the users to stay home and get treatment.

• Commercial

The Laser Hair Regrowth equipment’s are used for many commercial purposes. Hair clinics can have laser hair growth equipment’s incorporated in their services. These helps those who want to get treatment under the guidance of professionals. Salons and spas may also make the laser hair growth treatment available in their services. They provide laser treatments to the customers mainly those who prefer non invasive treatments for hair loss or thinning. Wellness centres that focus on health and wellness may also provide the laser hair growth treatment. These centres provide treatment with complementary treatments like scalp massages, nutritional support and stress management in the same cost. Hair transplant clinics use laser regrowth equipment’s as complementary therapy as these equipment’s can be used after the surgery to enhance blood circulation and fast recovery.

Regional Analysis

North America

North America is the region which has population with hair fall problem in more number. One of the key trends within hair care in the United States is the natural hair growth movement. But the people facing hair fall problems in the region is increasing and it is the largest market in North America. The Laser Hair regrowth equipment’s are will continue to grow as the population has paying capacity and High-tech products are innovated. The Canadian hair care market is showing a significant growth. With the growth of e-commerce, online retailing is also emerging as a strong distribution channel the Laser Hair regrowth equipment’s is expected to grow.

Europe

The Europe Hair Loss Treatment Products Market is expected to grow at 4.2 %. The changing lifestyle coupled with the hectic schedule of consumers is leading to high-stress levels, resulting in frequent hair loss at an earlier age among the young population. Germany Holds the Largest Market Share in the Region for the hair loss treatment. Male pattern hair loss has a significant negative effect on hair loss specific measures in men aged between 18 to 40 in Germany. The hair loss problems faced in the region are the drivers of the market of the laser Hair regrowth treatment equipment’s in the region due to advancements technology and innovations in the hair care products in the region.

Asia Pacific

In China the hare care market is driven by the increased consumer concern about scalp health, hair loss and hair thinning. Increasing expenditure on advertising and promotion of the products has led to awareness among the population about the hair care. In India the main problem is dry and damaged hair and dandruff. here the demand for hair transplant or laser hair treatment is relatively lower than that of China. This may drive the demand of the market of laser treatment for hair growth in the region.

South America

In Latin America the consumers a more rational approach toward the purchase of hair care products. Brazil is expected to be a highly demanding market of the hair care products in South America. The Hair Health consciousness of the people in Brazil and hair loss conditions can drive the demand of the market in the region. The demand of the Laser treatment is expected to rise in the upcoming years due to awareness about the latest technologies to cure Hairball.

Middle East Asia

The demand of laser treatment for hair is growing due to increase in the aging population who face the problem of hair loss. The market is growing steadily due to low paying capacity of the population and less awareness of the innovative products.

Key Players

1. Apira Science
2. Capillus
3. Eclipse Aesthetics
4. Lexington International
5. iRestore
6. NutraStim
7. Kiierr
8. RedRestore
9. DermaLights
10. Theradome
11. Hezheng Medical Apparatus