In a word, no. To better understand the answer, you should examine 21 CFR 1040.10-11, the FDA's regulation on laser and light based devices. Any laser based technology involving hair removal is governed by this regulation, as it would require comparison to "like devices" regardless of the class of laser. The claim that this device can permanently reduce or remove hair has to be evaluated by the FDA before it can be considered truthful... as far as medical device commerce goes.

Even the low level light therapy systems for hair restoration which claim to be FDA approved- they are also lying. See, the claim is that they are FDA approved for home use. This is not true. They are FDA approved for COMMERCE as a laser or light based device governed by 21 CFR 1040.10-11. This means they have been compared to hair removal and hair restoration lasers, and have been approved for the commerce. The use, sale, distribution, and possession of any device governed by this regulation is limited to the order, supervision, and/or use of a physician.

Most hair removal lasers operate in the near infra-red range (735-1064nm). Even so, there are no contraindications for UV lasers on patients with a history of skin cancer any more than a chest x-ray is contraindicated for a patient with a history of lung cancer.