Expert Market Research’s new report titled ‘Global Tattoo Removal Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global tattoo removal market, assessing the market on the basis of its segments like Procedures, End Users and Regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 12.1%
The tattoo removal market is driven by the growing popularity of laser surgeries, which help remove tattoos of various colors including red, black, blue and green. Different types of lasers used in laser surgery, including QS ruby laser (694 nm), QS Nd:YAG laser (532 nm, 1064 nm) and QS alexandrite laser (755 nm), are known to be effective in dermatological practices and are less painful for patients. During the forecast period, the easy availability of tattoo removal services in hospitals and clinics is expected to help drive the market growth. In terms of region, Asia-Pacific accounts for a large share and is also expected to witness tremendous growth over the forecast period. This can be attributed to the rapid development of hospitals and clinics in the region, which improves the availability of dermatologists and tattoo removal specialists.
Industry definition and major segments
Tattoo removal is defined as a set of procedures aimed at removing permanent tattoos on any part of the body. Removal can be done using a variety of methods, including laser surgeries, surgical removal, and dermabrasion.
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On the basis of procedure, the market is segmented into:
• Laser procedure
Major end users include:
Regional tattoo removal markets include:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
Increasing research and development activities aimed at developing non-invasive tattoo removal procedures are likely to be a key trend in the market. During the forecast period, the market is estimated to be aided by the growing efforts of dermatologists and tattoo removal doctors to reduce the side effects of related procedures. Technological advancements in the healthcare infrastructure in the emerging economies of the world, which are also leading to increased awareness of the availability of tattoo removal procedures, are likely to be another factor propelling the market.
Main market players
Major market players are AGIC Capital (FOTONA DOO), Bison Medical., Candela Corporation, CryoMed Aesthetics, Cutera, INC. and Cynosure, INC., among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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