Press release
Tattoo Removal Devices Market Trends, Segment and Future Growth to 2023
Tattoo removal has been performed with various tools since the history of tattooing. Once, tattoos were considered permanent, however, it is now possible to remove them with treatments, fully or partially. Before the development of laser tattoo removal methods, common techniques included dermabrasion, use of Trichloroacetic acid, cryosurgery, salabrasion, and excision which is sometimes still used along with skin grafts for larger tattoos. Early forms of tattoo removal included the use of lime, garlic or pigeon excrement, injection or application of wine.
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The rising demand for noninvasive techniques and safe treatment devices for the removal of the tattoo is a key factor driving the market. The need for effective tattoo removal technologies that help in the removal of multiple ink colors without harming the surrounding skin is a key factor stoking the demand for tattoo removal devices. The rising need for healthy tattoo removal technologies that cause less patient discomfort among adult populations is catalyzing the growth of the market.
The introduction of multicolor tattoo removal devices has facilitated the removal of the most popular ink colors and enables faster treatment and in less number of sessions is a crucial factor expected to boost the market in various developing and developed regions. Numerous emerging economies, the rising affordability of advanced tattoo removal treatments among populations are a prominent factor fueling the growth of the market. This is attributed mainly to the rising percentage of insurance coverage. Several risks associated with tattoo treatment sessions such as blisters, scarring, and discoloration are key factors restricting their demand. However, the rising prominence of laser treatment technologies that aims for a favorable outcome in patients is a key factor expected to fuel the growth of the tattoo removal devices market.
Moreover, the development of next-gen tattoo removal laser devices that aim for the removal of the entire color spectrum of tattoo inks and possess the capability of optimal energy output is a significant factor expected to unlock exciting opportunities for market players.
Tattoo Removal Devices Market Forecast Report (2018-2023)
Global Tattoo Removal Devices Market is anticipated to grow at 6.70% CAGR from 2018to 2023 and it is estimated that the global market was valued at USD 265.27 million in 2018 and is expected to reach USD 366.87 billion by 2023.
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Tattoo Removal Devices Market Segmentation:
The global Tattoo Removal Devices market is segmented on the basis of Procedure and End User. Based on Procedure, the market is segmented into Laser Based Devices, RF Devices, and Ultrasound Devices. Laser based tattoo removal devices accounted for the major share of the market in terms of revenue and are expected to witness prominent demand throughout the forecast period due to an extensive demand for these devices world over for populations of all skin types. Substantial advancements in laser-based devices technology is further fueling the growth of the segment. Based on End User, the market is segmented into Dermatology Clinics and Beauty Clinics
Based on geography, the Tattoo Removal Devices market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America accounted for the major share of the market. The ever-increasing demand for laser based tattoo removal devices in various parts of the region is a key factor fueling the growth of the regional market. Europe is a promising market for tattoo removal devices and the regional market held the second largest share of the market in terms of revenue.
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Major Players:
The major companies dominating this market for its products and services are
• Alma Lasers, Ltd.
• Fotona d.d.
• Sciton Inc.
• EL.En. S.p.A.
• Lynton Lasers Ltd.
• Solta Medical Inc.
• Lumenis Ltd.
• Cynosure, Inc.
• Syneron Medical Ltd.
• Lutronic Corporation
• Cutera Inc.
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Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
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Abhishek Shukla
Sales Manager at Market Data Forecast
Email: abhishek@marketdataforecast.com
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