A component concentration measurement device includes a light irradiation unit that performs intensity modulation where two lights of wavelengths different from each other are intensity-modulated by signals of a same frequency and a same phase, and a measurement object is irradiated, a detecting unit that detects a photoacoustic wave generated within the measurement object due to irradiation by the light irradiation unit, and converts the detected photoacoustic wave into a first electric signal, and a processing unit that obtains a concentration of a target component contained in the measurement object, on the basis of an amplitude and a phase of the first electric signal. Light absorption coefficients of the two lights, corresponding to a background component contained in the measurement object, are equal in change amount with regard to change in temperature, and have signs different from each other.