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| A03197 | Pages: 164 | Oct 2020 | 21686 Views | | |
| Author(s) : Sagar Mukhekar, Sushant Terdale , Onkar Sumant | Tables: 91 | Charts: 24 |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Tattoo Removal Market
Request Now !The global tattoo removal market size was valued at $478 million in 2019, and is projected to reach $795 million by 2027, registering a CAGR of 19.3% from 2020 to 2027.
Laser procedure segment is expected to witness a decline. This is due to a drop in number of tattoo removal procedures conducted as the lockdowns lead closure of clinics that perform laser tattoo removal procedures as it comes under elective procedure.
Tattoos are temporary or permanent markings on the skin. Majority people who are getting their skin tattooed are aged 18 to 24 years. Tattoo removal is a procedure of removing permanent tattoos from skin. Tattoo removal procedure is undertaken by using surgical, laser, creams, and other procedures. Other procedures include intense pulsed light (IPL) therapy, deep chemical peels, and Rejuvi. There are different types of lasers such as Q-Switched Nd-YAG laser, Q-Switched Alexandrite laser, and Q-switched ruby laser used to remove black as well as colored tattoos.
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Increase in number of tattoo removal procedure, rise in adoption of laser tattoo removal procedures, surge in preferences for minimally invasive techniques, and increase in public awareness toward tattoo removal procedures are the major factors that drive growth of the tattoo removal market. In addition, change in lifestyle and constantly changing fashion trends has raised the demand for tattoo removal in the market. Moreover, wide availability of tattoo removal creams and introduction of multicolor tattoo removal equipment are some other factors that contribute toward growth of the market. However, high cost associated with tattoo removal procedures is expected to restrain the market growth. Moreover, technological advancements in tattoo removal methods such as intense pulsed light therapy are anticipated to offer high growth potential for the tattoo removal market during the forecast period.
The World Health Organization (WHO) on January 30, 2020 declared COVID-19 outbreak a public health emergency of international concern. COVID-19 has affected around 210 countries across the globe. The COVID-19 pandemic has affected tattoo removal clinics, tattoo studios, medical spas, and parlors, owing to shutdowns in various COVID-19 affected countries and rise in number of healthcare workers falling ill in the pandemic. Decrease in number of tattoo removal procedures was observed, owing to COVID-19 pandemic. Presently, non-urgent visits of people are discouraged in clinics and elective tattoo removal procedures are being postponed. Thus, a negative impact of COVID-19 on tattoo removal market is observed.
The global tattoo removal market is segmented into procedure, end user, and region. On the basis of procedure, the market is categorized into laser procedure, surgical procedure, creams, and other procedures. By end user, it is classified into hospitals, clinics, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Presently, on the basis of procedure, the laser procedure is the major revenue contributor, and is projected to grow significantly during the forecast period. Rise in public awareness toward tattoo removal lasers, faster recovery, easy treatment with new tattoo removal lasers, less side effects as compared to surgeries, and rise in number of laser tattoo removal procedures boost the demand for laser technology over other procedures available for tattoo removals. Moreover, laser tattoo removal procedure completely eliminates tattoos, without leaving scars.
Depending on end user, the clinics segment is the major shareholder in the global tattoo removal market, owing to rise in preference among individuals for clinics, owing to availability of advanced equipment for tattoo removal as compared to hospitals and other end users. Moreover, large number of tattoo removal procedures performed in clinics and rise in demand for tattoo removal devices in aesthetics or dermatology clinics are anticipated to drive the tattoo removal market growth. Moreover, tattoo removal procedures in clinics provide advantages such as presence of skilled professional ensuring minimal scarring, avoidance of wounds, and no loss of skin texture during or after the removal treatment. Thus, rise in demand for safe and effective procedures facilitate growth of the segment.
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Asia-Pacific presents lucrative opportunities for key players operating in the tattoo removal market, owing to rise in number of tattoo removal procedures, surge in adoption of Q-Switched laser system, availability of advanced healthcare facilities with trained medical professionals, rise in number of R&D activities to develop novel laser systems, rise in demand for non-invasive procedures, high consumer preference for laser treatment, and increase in number of tattoo removal clinics. Moreover, tattoo removals owing to personal and professional reasons also boost the market growth. Moreover, surge in focus of leading manufacturers on expanding their geographical presence in emerging Asia-Pacific countries to capture high market share is expected to drive growth of the tattoo removal market in the region.
The key players profiled in this report include Agic Capital (Fotona D.O.O.), Bison Medical, Candela Corporation, Cryomed Aesthetics, Cutera, Inc., Cynosure, Inc., Fosun Pharma (Alma Lasers), Lumenis Ltd., Lutronic Corporation, and The Global Beauty Group.
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Key Benefits For Stakeholders
Key Market Segments
Key Market Players
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.3.1.List of key players profiled in the report
1.4.Research methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO perspective
CHAPTER 3:MARKET LANDSCAPE
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.2.2.Top winning strategies
3.3.Porter’s five force analysis
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1.Increase in tattoo regrets
3.4.1.2.Changes in lifestyles and trends
3.4.2.Restraint
3.4.2.1.High cost associated with tattoo removal
3.4.3.Opportunities
3.4.3.1.Technological advancements in tattoo removal methods
3.4.4.Impact analysis
3.5.COVID-19 Impact analysis on tattoo removal market
CHAPTER 4:TATTOO REMOVAL MARKET, BY PROCEDURE
4.1.Overview
4.1.1.Market size and forecast
4.2.Laser procedure
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country
4.3.Surgical procedure
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast
4.3.3.Market analysis, by country
4.4.Creams
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast
4.4.3.Market analysis, by country
4.5.Other procedures
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast
4.5.3.Market analysis, by country
CHAPTER 5:TATTOO REMOVAL MARKET, BY END USER
5.1.Overview
5.1.1.Market size and forecast
5.2.Hospitals
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.3.Clinics
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
5.4.Others
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country
CHAPTER 6:TATTOO REMOVAL MARKET, BY REGION
6.1.Overview
6.1.1.Market size and forecast
6.2.North America
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by country
6.2.2.1.U.S.
6.2.2.1.1.U.S. tattoo removal market, by procedure
6.2.2.1.2.U.S. tattoo removal market, by end user
6.2.2.2.Canada
6.2.2.2.1.Canada tattoo removal market, by procedure
6.2.2.2.2.Canada tattoo removal market, by end user
6.2.2.3.Mexico
6.2.2.3.1.Mexico tattoo removal market, by procedure
6.2.2.3.2.Mexico tattoo removal market, by end user
6.2.3.North America market size and forecast, by procedure
6.2.4.North America market size and forecast, by end user
6.3.Europe
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by country
6.3.2.1.Germany
6.3.2.1.1.Germany tattoo removal market, by procedure
6.3.2.1.2.Germany tattoo removal market, by end user
6.3.2.2.France
6.3.2.2.1.France tattoo removal market, by procedure
6.3.2.2.2.France tattoo removal market, by end user
6.3.2.3.UK
6.3.2.3.1.UK tattoo removal market, by procedure
6.3.2.3.2.UK tattoo removal market, by end user
6.3.2.4.Italy
6.3.2.4.1.Italy tattoo removal market, by procedure
6.3.2.4.2.Italy tattoo removal market, by end user
6.3.2.5.Spain
6.3.2.5.1.Spain tattoo removal market, by procedure
6.3.2.5.2.Spain tattoo removal market, by end user
6.3.2.6.Rest of Europe
6.3.2.6.1.Rest of Europe tattoo removal market, by procedure
6.3.2.6.2.Rest of Europe tattoo removal market, by end user
6.3.3.Europe market size and forecast, by procedure
6.3.4.Europe market size and forecast, by end user
6.4.Asia-Pacific
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by country
6.4.2.1.Japan
6.4.2.1.1.Japan tattoo removal market, by procedure
6.4.2.1.2.Japan tattoo removal market, by end user
6.4.2.2.China
6.4.2.2.1.China tattoo removal market, by procedure
6.4.2.2.2.China tattoo removal market, by end user
6.4.2.3.Australia
6.4.2.3.1.Australia tattoo removal market, by procedure
6.4.2.3.2.Australia tattoo removal market, by end user
6.4.2.4.India
6.4.2.4.1.India tattoo removal market, by procedure
6.4.2.4.2.India tattoo removal market, by end user
6.4.2.5.Rest of Asia-Pacific
6.4.2.5.1.Rest of Asia-Pacific tattoo removal market, by procedure
6.4.2.5.2.Rest of Asia-Pacific tattoo removal market, by end user
6.4.3.Asia-Pacific market size and forecast, by procedure
6.4.4.Asia-Pacific market size and forecast, by end user
6.5.LAMEA
6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by country
6.5.2.1.Brazil
6.5.2.1.1.Brazil tattoo removal market, by procedure
6.5.2.1.2.Brazil tattoo removal market, by end user
6.5.2.2.Saudi Arabia
6.5.2.2.1.Saudi Arabia tattoo removal market, by procedure
6.5.2.2.2.Saudi Arabia tattoo removal market, by end user
6.5.2.3.South Africa
6.5.2.3.1.South Africa tattoo removal market, by procedure
6.5.2.3.2.South Africa tattoo removal market, by end user
6.5.2.4.Rest of LAMEA
6.5.2.4.1.Rest of LAMEA tattoo removal market, by procedure
6.5.2.4.2.Rest of LAMEA tattoo removal market, by end user
6.5.3.LAMEA market size and forecast, by procedure
6.5.4.LAMEA market size and forecast, by end user
CHAPTER 7:COMPANY PROFILES
7.1.AGIC CAPITAL (FOTONA D.O.O.)
7.1.1.Company overview
7.1.2.Company snapshot
7.1.3.Operating business segments
7.1.4.Product portfolio
7.1.5.Key strategic moves and developments
7.2.BISON MEDICAL
7.2.1.Company overview
7.2.2.Company snapshot
7.2.3.Operating business segments
7.2.4.Product portfolio
7.3.CANDELA CORPORATION
7.3.1.Company overview
7.3.2.Company snapshot
7.3.3.Operating business segments
7.3.4.Product portfolio
7.3.5.Key strategic moves and developments
7.4.CRYOMED AESTHETICS
7.4.1.Company overview
7.4.2.Company snapshot
7.4.3.Operating business segments
7.4.4.Product portfolio
7.5.CUTERA, INC.
7.5.1.Company overview
7.5.2.Company snapshot
7.5.3.Operating business segments
7.5.4.Product portfolio
7.5.5.Business performance
7.6.CYNOSURE, INC.
7.6.1.Company overview
7.6.2.Company snapshot
7.6.3.Operating business segments
7.6.4.Product portfolio
7.7.FOSUN PHARMA (ALMA LASERS)
7.7.1.Company overview
7.7.2.Company snapshot
7.7.3.Operating business segments
7.7.4.Product portfolio
7.7.5.Business performance
7.7.6.Key strategic moves and developments
7.8.LUMENIS LTD.
7.8.1.Company overview
7.8.2.Company snapshot
7.8.3.Operating business segments
7.8.4.Product portfolio
7.8.5.Key strategic moves and developments
7.9.LUTRONIC CORPORATION
7.9.1.Company overview
7.9.2.Company snapshot
7.9.3.Operating business segments
7.9.4.Product portfolio
7.9.5.Business performance
7.10.THE GLOBAL BEAUTY GROUP
7.10.1.Company overview
7.10.2.Company snapshot
7.10.3.Operating business segments
7.10.4.Product portfolio
LIST OF TABLES
TABLE 01.TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027 ($MILLION)
TABLE 02.LASER PROCEDURE TATTOO REMOVAL MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 03.SURGICAL PROCEDURE TATTOO REMOVAL MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 04.CREAMS TATTOO REMOVAL MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 05.OTHER PROCEDURES TATTOO REMOVAL MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 06.TATTOO REMOVAL MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 07.HOSPITALS TATTOO REMOVAL MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 08.CLINICS TATTOO REMOVAL MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 09.OTHERS TATTOO REMOVAL MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 10.TATTOO REMOVAL MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 11.NORTH AMERICA TATTOO REMOVAL MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 12.U.S. TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 13.U.S. TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 14.CANADA TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 15.CANADA TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 16.MEXICO TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 17.MEXICO TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 18.NORTH AMERICA TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 19.NORTH AMERICA TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 20.EUROPE TATTOO REMOVAL MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 21.GERMANY TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 22.GERMANY TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 23.FRANCE TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 24.FRANCE TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 25.UK TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 26.UK TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 27.ITALY TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 28.ITALY TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 29.SPAIN TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 30.SPAIN TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 31.REST OF EUROPE TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 32.REST OF EUROPE TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 33.EUROPE TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 34.EUROPE TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 35.ASIA-PACIFIC TATTOO REMOVAL MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 36.JAPAN TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 37.JAPAN TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 38.CHINA TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 39.CHINA TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 40.AUSTRALIA TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 41.AUSTRALIA TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 42.INDIA TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 43.INDIA TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 44.REST OF ASIA-PACIFIC TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 45.REST OF ASIA-PACIFIC TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 46.ASIA-PACIFIC TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 47.ASIA-PACIFIC TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 48.LAMEA TATTOO REMOVAL MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 49.BRAZIL TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 50.BRAZIL TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 51.SAUDI ARABIA TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 52.SAUDI ARABIA TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 53.SOUTH AFRICA TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 54.SOUTH AFRICA TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 55.REST OF LAMEA TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 56.REST OF LAMEA TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 57.LAMEA TATTOO REMOVAL MARKET, BY PROCEDURE, 2019–2027
TABLE 58.LAMEA TATTOO REMOVAL MARKET, BY END USER, 2019–2027
TABLE 59.AGIC: COMPANY SNAPSHOT
TABLE 60.AGIC: OPERATING SEGMENT
TABLE 61.AGIC: PRODUCT PORTFOLIO
TABLE 62.AGIC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 63.BISON: COMPANY SNAPSHOT
TABLE 64.BISON: OPERATING SEGMENT
TABLE 65.BISON: PRODUCT PORTFOLIO
TABLE 66.CANDELA: COMPANY SNAPSHOT
TABLE 67.CANDELA: OPERATING SEGMENT
TABLE 68.CANDELA: PRODUCT PORTFOLIO
TABLE 69.CANDELA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 70.CRYOMED: COMPANY SNAPSHOT
TABLE 71.CRYOMED: OPERATING SEGMENT
TABLE 72.CRYOMED: PRODUCT PORTFOLIO
TABLE 73.CUTERA: COMPANY SNAPSHOT
TABLE 74.CUTERA: OPERATING SEGMENT
TABLE 75.CUTERA: PRODUCT PORTFOLIO
TABLE 76.CYNOSURE: COMPANY SNAPSHOT
TABLE 77.CYNOSURE: OPERATING SEGMENT
TABLE 78.CYNOSURE: PRODUCT PORTFOLIO
TABLE 79.FOSUN: COMPANY SNAPSHOT
TABLE 80.FOSUN: OPERATING SEGMENT
TABLE 81.FOSUN: PRODUCT PORTFOLIO
TABLE 82.FOSUN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 83.LUMENIS: COMPANY SNAPSHOT
TABLE 84.LUMENIS.: OPERATING SEGMENT
TABLE 85.LUMENIS: PRODUCT PORTFOLIO
TABLE 86.LUMENIS.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 87.LUTRONIC: COMPANY SNAPSHOT
TABLE 88.LUTRONIC: OERATING SEGMENT
TABLE 89.LUTRONIC: PRODUCT PORTFOLIO
TABLE 90.THE GLOBAL BEAUTY GROUP: COMPANY SNAPSHOT
TABLE 91.THE GLOBAL BEAUTY GROUP: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01.TATTOO REMOVAL MARKET SEGMENTATION
FIGURE 02.TOP INVESTMENT POCKETS
FIGURE 03.TOP WINNING STRATEGIES, BY YEAR, 2017–2019
FIGURE 04.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2019
FIGURE 05.TOP WINNING STRATEGIES, BY COMPANY, 2017-2019
FIGURE 06.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE BARGAINING POWER OF BUYERS
FIGURE 08.MODERATE THREAT OF SUBSTITUTES
FIGURE 09.MODERATE THREAT OF NEW ENTRANTS
FIGURE 10.MODERATE INTENSITY OF RIVALRY
FIGURE 11.IMPACT ANALYSIS
FIGURE 12.COMPARATIVE ANALYSIS OF LASER PROCEDURE TATTOO REMOVAL MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 13.COMPARATIVE ANALYSIS OF SURGICAL PROCEDURE TATTOO REMOVAL MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 14.COMPARATIVE ANALYSIS OF CREAMS TATTOO REMOVAL MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 15.COMPARATIVE ANALYSIS OF OTHER PROCEDURES TATTOO REMOVAL MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 16.COMPARATIVE ANALYSIS OF HOSPITALS TATTOO REMOVAL MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 17.COMPARATIVE ANALYSIS OF CLINICS TATTOO REMOVAL MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 18.COMPARATIVE ANALYSIS OF OTHERS TATTOO REMOVAL MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 19.CUTERA: NET SALES, 2017–2019 ($MILLION)
FIGURE 20.CUTERA: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 21.FOSUN: NET SALES, 2017–2019 ($MILLION)
FIGURE 22.FOSUN: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 23.FOSUN: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 24.LUTRONIC: NET SALES, 2017–2019 ($MILLION)
Tattoo is a permanent or temporary mark made on body, which is inked by inserting ink under the skin. People tend to get rid of their tattoos, owing to many reasons such as social environment, career purposes, change in lifestyle, and personal situations. Thus, people pursue for a reliable way to remove their tattoos. Colored tattoos require extra efforts for removal, while black-inked designs are easily removed. Laser procedure is the most common tattoo removal procedure adopted to remove tattoos, and it is anticipated to grow at the highest rate during the forecast period. Rise in government support for R&D of novel tattoo removal lasers, increase in adoption of non-invasive tattoo removal procedures, and surge in demand for tattoo removal techniques in aesthetic or dermatology clinics are expected to drive growth of the tattoo removal market
A. The total market value of Tattoo Removal market is $477.81 million in 2019.
A. The forcast period for Tattoo Removal market is 2020 to 2027
A. The market value of Tattoo Removal market in 2020 is $230.64 million.
A. The base year is 2019 in Tattoo Removal market
A. Top companies such as Agic Capital (Fotona d.o.o.), Candela Corporation, Bison Medical, Fosun Pharma (Alma Lasers), Lutronic Corporation, and Cryomed Aesthetics held a high market position in 2019. These key players held a high market postion owing to the strong geographical foothold in different regions.
A. Laser procedures segment is the most influencing segment owing to rise in public awareness toward tattoo removal lasers, faster recovery, easy treatment with new tattoo removal lasers, less side effects as compared to surgeries, and rise in number of laser tattoo removal procedures boost the demand for laser technology over other procedures available for tattoo removals
A. Increase in trend of tattooing among young population and introduction of effective tattoo removal treatments. In addition, change in preferences and lifestyles of tattooed people, owing to various social and personal situations, has increased tattoo removal procedures across the globe. Moreover, increase in public awareness toward tattoo removal lasers, surge in number of laser tattoo removal procedures, and wide availability of tattoo removal creams also drive growth of the tattoo removal market
A. Asia-Pacific has the highest growth rate in the market which is growing due to the contribution of the following emerging countries such as India with a CAGR of 21.4%. This is due to rise in number of people getting tattoos, growth in need for tattoo removal, and increase in adoption of tattoo removal equipment in dermatology clinics. In addition, surge in focus of leading manufacturers on expanding their geographical presence in emerging Asia-Pacific countries to capture high growth opportunities also boost growth of the market.
A. Tattoo is a permanent or temporary mark made on body, which is inked by inserting ink under the skin
A. Tattoo removal is a procedure used to get rid of unwanted tattoos through surgery, laser, creams, and others
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