Global Tattoo Removal Market 2017-2021
About Tattoo Removal
Tattoo removal equipment are used to remove tattoos by breaking down the ink in the tattoo. The procedures for tattoo removal include laser, surgical excision, dermabrasion, chemical peel, tattoo removal cream, and intense pulsed light.
Technavio’s analysts forecast the global tattoo removal market to grow at a CAGR of 15.85% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global tattoo removal market for 2017-2021. To calculate the market size, the report considers the revenue generation from tattoo removal procedures excluding physicians' fees.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Tattoo Removal Market 2017-2021
Technavio recognizes the following companies as the key players in the global tattoo removal market: Cutera, Cynosure, Lumenis, and Syneron Medical.
Other Prominent Vendors in the market are: Alma Lasers, Anti-Aging Medical Systems, Asclepion Laser Technologies, BISON MEDICAL, Cryomed, Fotona, Light Age, LUTRONIC, MEDITIME, Quanta Aesthetic Lasers, and WONTECH.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is shift from invasive to mi and non-invasive procedures. MI and non-invasive procedures limit the size of incisions and therefore lessen pain and scarring, speed recovery, and reduce post-surgical complications such as adhesions and wound dehiscence. In 2014, the number of non-invasive aesthetic procedures accounted for 84% of the medical aesthetic procedures. There has been an increase in popularity of MI and non-invasive procedures for tattoo removal.”
According to the report, one of the major drivers for this market is rise in demand for laser-based aesthetic procedures. Advances in laser technology have created a plethora of applications in the aesthetic field, leading to a significant rise in number of procedures that require lasers. Smaller incisions, less pain, reduced hospital stays, and faster recovery times are some of the benefits it offers. This also results in saving cost compared with conventional surgeries. Non-invasive laser procedures are being used for surgery in various fields such as dermatology, ophthalmology, cardiology, cosmetic surgery, dentistry, and oncology.
Further, the report states that one of the major factors hindering the growth of this market is high cost of procedures. The number of tattoo removal sessions required is dependent on various factors such as size, color, type of ink used, and whether the tattoo is old or new. The number of sessions needed for a laser tattoo removal treatment is mainly dependent on the color of the tattoo.
Cutera, Cynosure, Lumenis, Syneron Medical, Alma Lasers, Anti-Aging Medical Systems, Asclepion Laser Technologies, BISON MEDICAL, Cryomed, Fotona, Light Age, LUTRONIC, MEDITIME, Quanta Aesthetic Lasers, and WONTECH.