UAE Laser Hair Removal Market Size & Growth Report, 2030
UAE Laser Hair Removal Market Size, Share & Trends Analysis Report By Type (Diode Laser, Nd:YAG Laser, Alexandrite Laser), By End Use (Beauty Clinics, Dermatology Clinics, Home Use), And Segment Forecasts, 2023 - 2030
The UAE laser hair removal market size was valued at USD 370.12 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 18.7% from 2023 to 2030. The major driver for the growth of laser hair removal procedures in the UAE includes the shifting trend toward maintaining optimal aesthetic beauty. Moreover, increasing awareness regarding the safety offered by aesthetic lasers continues to fuel market growth. The growing technological advancements in aesthetic lasers also remain a key growth driver.
Moreover, the country's emphasis on tourism has garnered a lot of social media attention globally and a lot of beauty influencers are increasingly promoting aesthetic services in the country. Cities like Dubai and Abu Dhabi focus significantly on continuous adoption of the latest technology that ensures quality patient care which has helped them establish themselves as a leading global healthcare destination.
The demand for laser hair removal was impacted significantly due to the onset of Covid-19 in 2020. The market witnessed strain during the initial quarters of 2020 as flights were canceled and tourism remained affected due to pandemic restrictions. Furthermore, fear of virus transmission led to a significant loss of revenue for aesthetic clinics in the country. However, the market recovered significantly in 2021. The demand for non-invasive treatments plunged higher as compared to 2019, in turn increasing the revenue of laser device manufacturers.
As per verified news sources, UAE cities like Dubai reportedly welcomed around 6.17 million international visitors from January to May 2022. This was three times more than two million visitors recorded in the same period in 2021, according to the emirate's Department of Economy and Tourism. This was due to the government initiatives that helped the tourism sector bounce back quickly from the Covid-19 pandemic and the momentum generated by Expo 2020 Dubai.
Furthermore, more men living in Dubai are opting for cosmetic procedures than before. Aesthetic treatments have garnered more focus and demand from women due to constantly changing beauty standards brought on by advertising, society, and social media. Factors like the increasing desire to be more competitive and youthful in the workplace, the growing social acceptability of cosmetic procedures, and increased awareness of safety and efficacy are all contributing to market growth.
The popularity of laser hair removal continues to grow in the UAE as per the Gulf News. The UAE government remains heavily invested in the healthcare sector as part of its wider efforts to diversify the economy. This continues to spur demand for the treatment, which is expected to boost the market further. Comprehensive government initiatives such as the Dubai Health Experience and the Abu Dhabi medical tourism portals were the first of their kinds in the region to offer comprehensive assistance for patients seeking medical services across an extensive network of private and public hospitals.
The market witnessed a minor setback during the first half of 2020 as the majority of the aesthetic clinics were mandated to shut down operations. However, the market witnessed double-digit growth by the end of 2020, in terms of procedure volume as per the International Society of Aesthetic Plastic Surgery.
Dubai's Nova Clinic, which is a luxury aesthetic clinic, reported that it noticed a spike in demand for fillers, hair removal, Botox, and liposuction procedures since the COVID-19 pandemic's onset. This demand was a result of the pandemic wherein people had more time to reflect on themselves and decide upon optimizing their appearance.
Diode lasers held the largest revenue share of over 39.6% in 2022 owing to the high precision offered. Diode lasers can selectively target a particular body part and effectively remove the hair without harming the surrounding skin. Moreover, the reasonable time required for removing hair according to the body area and volume of hair is augmenting the product demand.
These lasers are most effective for dark terminal hair and are comparatively less effective on skin with a lighter complexion. However, efforts are being taken by the manufacturers for a similar effect on light terminal hair as well. They cover larger areas of the body and have fast repetition rates. This attractive feature of the diode lasers is expected to impact the market growth significantly in the future.
The UAE Alexandrite laser type segment is expected to grow at a CAGR of 19.4 % over the forecast period. Alexandrite Laser is expected to witness the fastest growth over the forecast period it can drive efficient permanent hair reduction and hair removal by focusing laser light energy on the skin and targeted pigment. It can also be used to remove/reduce pigmented lesions, brown spots, and age spots.
The dermatology clinics segment held the largest revenue share of over 54.8% in 2022 and is anticipated to grow lucratively over the forecast period. Along with the adoption of technologically advanced laser hair removal products, experts at dermatology clinics are also getting familiar with new products. This can be attributed to the increase in demand for treatment among the elderly population as well as adults.
According to Gulf News publication, there were around 236 licensed plastic surgeons and nearly 386 licensed dermatologists in Dubai in 2018. Moreover, according to the DHA, in 2018, nearly 277 facilities provided plastic surgery and dermatology services in the country. Furthermore, the regulations laid down by the Ministry of Health in the country also aid in ensuring that the clinics adhere to the highest level of care standards, thereby reducing concerns regarding malpractices and unregistered practitioners. These regulations are therefore expected to increase patient safety and favor the growth of the UAE laser hair removal market.
New service developments, collaborations, regional expansion, and mergers are key strategic initiatives undertaken. For instance, in November 2019, Kaya skin clinic conducted a campaign to increase awareness among the male population, regarding its product & service offerings across the Middle East. Other key layers are focused on partnerships and mergers that enable them to introduce new products in different markets. Some prominent players in the UAE laser hair removal market include:
The Private Clinic Medical & Aesthetic Centre
Biolite Aesthetic Clinic
Aestheticon
SKINIII
Lucia Aesthetic Clinic.
Aesthetica Clinic
Kayle Aesthetic Clinic
UAE Laser Hair Removal Market Report Scope
USD 425.95 million
Type, end-use
The Private Clinic Medical & Aesthetic Centre; Biolite Aesthetic Clinic; Aestheticon; SKINIII; Lucia Aesthetic Clinic; Aesthetica Clinic; Kayle Aesthetic Clinic
UAE Laser Hair Removal Market Segmentation
This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the UAE laser hair removal market report based on type and end-use:
Nd:YAG Laser
Alexandrite Laser
How big is the UAE laser hair removal market?
b. The UAE laser hair removal market size was estimated at USD 370.12 million in 2022 and is expected to reach USD 425.95 billion in 2023.
What is the UAE laser hair removal market growth?
b. The UAE laser hair removal market is expected to grow at a compound annual growth rate of 18.7% from 2018 to 2030 to reach USD 1.75 billion by 2030.
Which segment accounted for the largest UAE laser hair removal market share?
b. Dermatology clinics dominated the UAE laser hair removal market with a share of 54.8% in 2022. There are around 236 licensed plastic surgeons and nearly 386 licensed dermatologists in Dubai as of 2020.
Which laser accounted for the largest UAE laser hair removal market share?
b. Diode laser accounted for the highest market in 2022. The Australian Radiation Protection and Nuclear Safety Agency, mention that Middle Eastern population has skin tone ranging in from IV to V on the Fitzpatrick scale, indicating presence of relatively darker skin individuals in the region and, thereby in the UAE. This, in turn, is expected to favor adoption of diode laser in the country.
What are the factors driving the UAE laser hair removal market?
b. There have been huge technological advancements in laser hair removal devices. Key manufacturers are continuously focusing on development of new products in order to cater to the unmet needs of consumers. Clear + Brilliant pélo is a medical laser developed by Solta Medical, Inc., (a division of Valeant Pharmaceuticals North America LLC), which facilitates easy hair removal with effective results.