Tattoo Removal Market information, by Treatment Method (Laser therapy, surgical method, topical creams & others), by end user (Laser Centers, Dermatology Clinics, and others) – Global Forecast to 2023
Pune, India – April 12, 2018 —
Market Research Future published new report, titled “Tattoo Removal -Research Report: Global Forecast to 2023”.
“Global Tattoo Removal Market by Manufacturers, Countries, Type and Application, Forecast to 2023 Report “Provides In-Depth Analysis of Parent Market Trends, Macro-Economic Indicators and Governing Factors Along With Market Attractiveness as Per Segments. The Global Tattoo Removal Market Research Report is expected to grow at the rate of about 15.6% from 2017 to 2023.
Global Tattoo removal Market – Overview:
Tattoo making is an artful expression of the emotions, events, life achievements etc. History of tattoo making goes long back in time, when it was a tradition to get the body inked. Tattoos are a part of some cultures spread across world, especially the Chinese culture. Back in the days, tattoos were made by people for the remembrance of a special achievement, such as successful sea tour by the Navy personnel. But since last couple of decades, tattoo making has taken a new turn and it has become a part of a fashion so that anybody can get themselves inked with different designs and letters. As there is no special cause left for it, people get themselves inked without putting much of a thought into it, only to regret it later. Many of the tattoo removal cases are of the tattoos made with hasty decisions. Number of young people getting inked is more. So as the body of the person grows, the shape of the tattoo changes. As a result these people opt to get rid of it which helps in the growth of the tattoo removal market.
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The tattoo removal market is growing at a rapid pace. The global tattoo removal market is expected to reach USD 4,794.9 million by 2023 from USD 1,470 in 2016 with a CAGR of 15.6% during the forecast period. There are various factors which support the growth of the market, these include current employment scenario, military recruitment policies, inability of the digital sensors to detect the physiological parameters due to the presence of the tattoos, change in the tattoo trends, personal evolution and changes in relationship status, poor artwork and the quality of tattoo ink. On the other hand, there are some factors which hinder the growth of the market such as expensive laser therapy for tattoo removal, time taking procedure involving multiple sessions of treatment, and development of scars after the surgical procedure.
Global Tattoo removal Market – Major Players:
Astanza, Cutera Inc, CynoSure, Dimyth, Lutronic, Syneron Medical Ltd., and Quanta System S.p.A. are some of the prominent players at the forefront of competition in the Global Tattoo removal Market and are profiled in MRFR Analysis.
Global Tattoo removal Market – Competitive Analysis:
Global Tattoo Removal Market consists of various large scale and small scale market players involved in the medical aesthetics business. The companies mainly include the manufacturers of the equipment such as Laser systems, and some of the manufacturers of the topical aesthetic products such as tattoo removal creams and ointments. The major revenue in the market is generated by the Laser centers and cosmetic surgeons working at the dermatology clinics.
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These Laser centers and dermatological clinics offer the services of tattoo removal and they charge the patients per treatment session. Also, the surgeons charge the patients on the basis of surgical procedure. Hence, the revenue is generated by the Laser centers and the clinics by offering the tattoo removal services.
Having said that, there are some companies which manufacture the Laser devices that are used for the tattoo removal. These include Astanza, Cutera Inc, Cynosure, Lutronic, Dimyth Beauty Equipment Manufacturer, Syneron Candela. Some of the other players include Bison Medical Co. Ltd, DEKA Medical Inc, Fotona d.o.o, Quanta System S.p.A, and Wontech among others. Out of the above Astanza, Cutera Inc, Cynosure, and Syneron are the major players manufacturing the Lasers for tattoo removal.
To generate a bird’s view the tattoo removal market has been segmented on the basis of treatment method, end users and regions.
Treatment method – laser therapy, surgical method, topical creams and others. Laser therapy accounts for the largest market share of 66% in 2016.
End user – Laser centers, dermatology clinics, and other. Laser centers is expected to dominate the market with a market share of 60.9% in 2016.
Region – North America, Europe, Asia Pacific, Middle East and Africa.
Substitution of Q-wave lasers by picosecond lasers:
Picosecond Lasers – Picosecond lasers release 1000 times more energy than Q-switched lasers, shattering tattoo ink particles into tiny fragments and letting body’s immune system to eliminate it, which leads to less treatment frequency and faster results. Picosecond Lasers also results in eliminating the difficult to remove blue and green inks. Picosecond Lasers also eliminated the need for switching different Q-wave lasers to target different colors in a tattoo, resulting in less scaring.
Bisphosphonate liposomal tattoo removal technology has been incorporated in a topical cream designed to target the white blood cells called macrophages which retain tattoos.
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