About Laser Therapy Caps
Laser Therapy Cap is generally electronic cap with inbuilt system to supply laser light waves that penetrate the skin without causing heating, damage and side effect to the skin. It is non-invasive treatment which provides relief from chronic disorders, reduce hair loss and also helps in improving the blood circulation. Laser Cap is supported by several professionals in the fields of medicine, science, and technology due to numerous associated benefits like optimal use of power and easy to use which gives the best results to the patient at their convenience.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.7% |
The market players are adopting many strategies so as to attract the audience and to gain highest market share, these strategies can be listed as product uniqueness, standout product line, offering attractive discounts, mergers with big organizations, alliances with different companies to increase sales area globally and others. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Laser Therapy Caps market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Capillus (United States), LaserCap (United States), GRIVAMAX (United Kingdom), iGrow (United States), iRestore Hair Growth System (United States), Theradome Europe B.V (United Kingdom), Lexington Intl., LLC (United States), Illumiflow (United States) and Elite Homeware (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Laser Therapy Caps market by Type (Caps and Helmets), Application (Hair Loss Treatment and Hair Regrowth) and Region.
On the basis of Type, Caps are dominating the market in the year 2023 where as Helmets stood as second largest market share.
On the basis of application, Hair Loss Treatment segment is dominating the market in the year 2023 where as Hair Regrowth segment stood as second largest market .On the basis of geography, the market of Laser Therapy Caps has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Asia Pacific, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Pharmacy Stores will boost the Laser Therapy Caps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing demand for laser therapy in healthcare and Acceptance of Nano and micro technologies in healthcare sector
Market Growth Drivers:
Rising hair loss problems and Inclination towards Less invasive and easy treatments
Restraints:
High cost of the laser therapy caps and Safety issues
Opportunities:
Growing attraction for innovative and customized products, Adoption of laser therapy over traditional treatments and Growing awareness regarding aesthetic healthcare
Market Leaders and their expansionary development strategies
In August 2020, LaserCap Company is pleased to announce that it has received FDA 510(k) clearance for its’ pioneering device, the LCPRO, as an effective women's hair loss treatment and to promote hair growth. With a powerful 224 laser diodes, it has the optimal power level for hair growth, while offering complete scalp coverage.
In November 2022, Curallux, LLC announced the launch of the Capillus MD, the first-ever medical-grade cap offering 320 laser diodes, and the category's most powerful hair restoration cap to date. The Capillus MD, which is FDA-cleared for the treatment of androgenetic alopecia, will be available on the market. With its powerful capacity, the new Capillus MD cap will be specially offered to the medical community including dermatologists, surgeons, and hair transplant centers.
Key Target Audience
Manufacturer, Sub-component manufacturer, Third-party providers, Distributors/Traders/Wholesalers, Industry Association, Downstream Vendors, Technology investors, Governments and investment communities and Research organizations and associations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.