Global Tattoo Removal Market Research Report - Forecast to 2023

Global Tattoo Removal Market Research Report - Forecast to 2023

Introduction
Tattoos are permanent markings in the skin. The procedures are inclusive of injecting ink via needles into the dermis. In recent years, tattoos became an artistic, attractive, and expressive tool. A majority of the people who are getting their skin inked are of 18 to 24 years of age group. Changing trends and poor artwork followed by strict corporate employment policies regarding tattoos may lead people to get tattoo removed. Such prevailing factors are the major drivers for the market growth. Sometimes tattoo removal happens when the people’s interest changes in hands with the trend, i.e., when they want to get the tattoo removed, making space for the new tattoo. Thus, huge credits can be attributed to this factor in growing the tattoo removal market, as the number of people wanting to remove the tattoo for the getting the new one is quite high. Moreover, military recruitment policies regarding tattoos and increasing errors in digital body sensing devices leading to incorrect results also facilitates the market growth during the forecast period. However, the market growth can be restricted by factors like excessive cost of the laser based procedure, scars left after the surgical removal and high number of sittings for laser treatment during the forecast period. The procedures of tattoo removal are expensive. A majority of the tattoo removal procedures are based on the laser therapeutics. However, it is notable that the tattoo removal laser therapy is time consuming and is followed by multiple sessions, depending on the size and the color of the tattoo. The more will be the number of sessions, the higher will be the cost of treatment.
The global tattoo removal market is expected to reach USD 4,794.9 million by 2023 at a CAGR of 15.6% during the forecasted period.
The global tattoo removal market is segmented on the basis of therapeutic method, end user and regions. On the basis of therapeutic method, the market is segmented into laser therapy, surgical method, topical creams, and others. The laser therapy segment market accounts the largest share and is expected to reach USD 3,247.7 million by 2023 from USD 970.8 million in 2016 at the CAGR of 15.9% for the forecasted periods.
On the basis on end users, the global tattoo removal market is segmented into laser center, and dermatology clinic, and others. Laser center segment dominated the global market in 2016 and accounted for USD 895.2 million.
On the basis of regions, the market is segmented into North America, Europe, Asia-Pacific and the Middle East & Africa. North America has the dominating market for safety tattoo removal. The tattoo removal market for North America is estimated at USD 382.3 million in 2016 and expected to reach by USD 1,312.4 million by 2023 at a fastest CAGR of 16.3%.

Key Players
The leading market players in the global tattoo removal market include: Astanza, Cutera, Inc., CynoSure, Dimyth, Lutronic, Syneron Medical Ltd, Quanta System S.p.A., and others.
Study objectives
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global tattoo removal market.
• To provide insights about factors influencing and affecting the market growth.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to - regional markets and their countries
• To provide historical and forecast revenue of the market segments based on by treatment method, by end user, by region for global tattoo removal market.
• To provide strategic profiling of key players in the market, comprehensively analysing their market share, and drawing a competitive landscape for the market.

Target Audience
• Pharmaceutical Companies
• Pharmaceutical Suppliers
• Potential investors
• Key executive (CEO and COO) and strategy growth manager
• Research companies

Key Findings
• Laser Therapy accounted for the largest market share in 2016, with a market value of USD 970.8 million and is projected to grow at a CAGR of 15.9% during the forecast period. Surgical Method was the second-largest market, valued at USD 402.7 million in 2016; it is projected to grow at the CAGR of 15.6%.
• The global tattoo removal market for dermatology clinics is projected to reach USD 1,464 million at the CAGR of 16.1% during 2017 to 2023.
• U.S. accounted for the largest market share in 2016, with a market value of USD 457.5 million and is projected to grow at a CAGR of 16.2% during the forecast period. Canada was the second-largest market, valued at USD 124.6 million in 2016; it is projected to grow at a CAGR of 15.0%
The reports also covers regional analysis
• North America
US
Canada
• Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Eastern Europe
• Asia Pacific
Japan
China
India
Republic of Korea
Rest of Asia-Pacific
• Middle East & Africa
Middle East
Africa


1 Report Prologue
2 Market Introduction
2.1 Introduction
2.2 Scope of Study
2.3 Research Objective
2.4 Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
2.5 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Growing Incidence Number of Contagious and Non-Contagious Diseases
4.2.2 Improving Medical Device Regulation
4.2.3 Increasing Inclination Towards Home Healthcare
4.2.4 Increasing Prevalence of Diabetes
4.3 Restraint
4.3.1 Risk Associated with blood transfusion
5 Market Factor Analysis
5.1 Porter’s Five Forces Model
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Supply Chain Analysis
6 Global Safety Lancet Market, By Type
6.1 Introduction
6.2 Push Button Safety Lancet
6.3 Pressure Activated Safety Lancet
6.4 Side Button Safety Lancet
7 Global Safety Lancet Market, By End User
7.1 Introduction
7.2 Hospitals & Clinics
7.3 Diagnostic Centers and Pathology Laboratories
7.4 Home Diagnostics
7.5 Other End Users
8 Global Safety Lancet Market, By Region
8.1 Introduction
8.2 North America
8.2.1 The U.S.
8.2.2 Canada
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 UK
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia-Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Republic of Korea
8.4.5 Rest of Asia-Pacific
8.5 Middle East & Africa
8.5.1 UAE
8.5.2 Egypt
8.5.3 Saudi Arabia
8.5.4 Rest of Middle East & Africa
9 Competitive Landscape
9.1 Pricing of Lancets
10 Company Profile
10.1 F. Hoffmann-La Roche AG
10.1.1 Overview
10.1.2 Product/Business Segment Overview
10.1.3 Financial Updates
10.1.4 Key Developments
10.1.5 SWOT Analysis
10.2 Becton, Dickinson and Company
10.2.1 Overview
10.2.2 Product/Business Segment Overview
10.2.3 Financial Updates
10.2.4 Key Developments
10.2.5 SWOT Analysis
10.3 Terumo Medical Corporation
10.3.1 Overview
10.3.2 Product/Business Segment Overview
10.3.3 Financial Updates
10.3.4 Key Developments
10.3.5 SWOT Analysis
10.4 Bayer AG
10.4.1 Overview
10.4.2 Product/Business Segment Overview
10.4.3 Financial Updates
10.4.4 Key Developments
10.4.5 SWOT Analysis
10.5 HTL-STREFA S.A.
10.5.1 Company Overview
10.5.2 Product/Business Segment Overview
10.5.3 Financial Updates
10.5.4 Key Development
10.5.5 SWOT Analysis
10.6 Sarstedt AG & Co.
10.6.1 Overview
10.6.2 Product/Business Segment Overview
10.6.3 Financial Overview
10.6.4 SWOT Analysis
10.7 Improve Medical Technology Co. Ltd
10.7.1 Overview
10.7.2 Product/Business Segment Overview
10.7.3 Financial Updates
10.7.4 SWOT Analysis
List of Tables:
TABLE 1 GLOBAL SAFETY LANCET MARKET, BY TYPE, 2017-2023 (USD MILLION)
TABLE 2 PUSH BUTTON SAFETY LANCET MARKET, BY REGION, 2014-2023 (USD MILLION)
TABLE 3 PRESSURE ACTIVATED SAFETY LANCET MARKET, BY REGION, 2014-2023 (USD MILLION)
TABLE 4 SIDE BUTTON SAFETY LANCET MARKET, BY REGION, 2014-2023 (USD MILLION)
TABLE 5 GLOBAL SAFETY LANCET MARKET, BY END USERS, 2014-2023 (USD MILLION)
TABLE 6 HOSPITALS & CLINICS MARKET, BY REGION, 2014-2023 (USD MILLION)
TABLE 7 DIAGNOSTIC CENTERS AND PATHOLOGY LABORATORIES MARKET, BY REGION, 2014-2023 (USD MILLION)
TABLE 8 HOME DIAGNOSTICS MARKET, BY REGION, 2014-2023 (USD MILLION)
TABLE 9 OTHER END USERS MARKET, BY REGION, 2014-2023 (USD MILLION)
TABLE 10 GLOBAL SAFETY LANCET MARKET, BY REGION, 2014-2023 (USD MILLION)
TABLE 11 GLOBAL SAFETY LANCET MARKET, BY REGION, VOLUME (IN MILLION)
TABLE 12 NORTH AMERICA SAFETY LANCET MARKET, BY COUNTRY, 2014-2023 (USD MILLION)
TABLE 13 NORTH AMERICA SAFETY LANCET MARKET, BY TYPE, 2014-2023 (USD MILLION)
TABLE 14 NORTH AMERICA SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 15 NORTH AMERICA SAFETY LANCET MARKET, BY COUNTRY, VOLUME (IN MILLION)
TABLE 16 U.S. SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 17 U.S. SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 18 CANADA SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 19 CANADA SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 20 EUROPE SAFETY LANCET MARKET, BY COUNTRY, 2014-2023 (USD MILLION)
TABLE 21 EUROPE SAFETY LANCET MARKET, BY TYPE, 2014-2023 (USD MILLION)
TABLE 22 EUROPE SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 23 EUROPE SAFETY LANCET MARKET, BY COUNTRY, VOLUME (IN MILLION)
TABLE 24 GERMANY SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 25 GERMANY SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 26 FRANCE SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 27 FRANCE SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 28 UK SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 29 UK SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 30 ITALY SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 31 ITALY SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 32 SPAIN SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 33 SPAIN SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 34 REST OF EUROPE SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 35 REST OF EUROPE SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 36 ASIA-PACIFIC SAFETY LANCET MARKET, BY COUNTRY, 2014-2023 (USD MILLION)
TABLE 37 ASIA-PACIFIC SAFETY LANCET MARKET, BY TYPE, 2014-2023 (USD MILLION)
TABLE 38 ASIA-PACIFIC SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 39 ASIA-PACIFIC SAFETY LANCET MARKET, BY COUNTRY, VOLUME (IN MILLION)
TABLE 40 JAPAN SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 41 JAPAN SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 42 CHINA SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 43 CHINA SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 44 INDIA SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 45 INDIA SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 46 REPUBLIC OF KOREA SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 47 REPUBLIC OF KOREA SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 48 REST OF ASIA-PACIFIC SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 49 REST OF ASIA-PACIFIC SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 50 MIDDLE EAST & AFRICA SAFETY LANCET MARKET, BY COUNTRY, 2014-2023 (USD MILLION)
TABLE 51 MIDDLE EAST & AFRICA SAFETY LANCET MARKET, BY TYPE, 2014-2023 (USD MILLION)
TABLE 52 MIDDLE EAST & AFRICA SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 53 MIDDLE EAST & AFRICA SAFETY LANCET MARKET, BY COUNTRY, VOLUME (IN MILLION)
TABLE 54 UAE SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 55 UAE SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 56 EGYPT SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 57 EGYPT SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 58 SAUDI ARABIA SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 59 SAUDI ARABIA SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 60 REST OF MIDDLE EAST & AFRICA SAFETY LANCET MARKET BY TYPE, 2014-2023 (USD MILLION)
TABLE 61 REST OF MIDDLE EAST & AFRICA SAFETY LANCET MARKET, BY END USER, 2014-2023 (USD MILLION)
TABLE 62 SAFETY LANCET PRICE INFORMATION
List of Figures:
FIGURE 1 GLOBAL SAFETY LANCETS MARKET, BY TYPE, 2016 (%)
FIGURE 2 GLOBAL SAFETY LANCETS MARKET, BY END USER, 2016 (%)
FIGURE 3 GLOBAL SAFETY LANCETS MARKET, BY REGION, 2016 (%)
FIGURE 4 GLOBAL SAFETY LANCET MARKET: MARKET STRUCTURE
FIGURE 5 RESEARCH PROCESS
FIGURE 6 PORTERS FIVE FORCES MODEL
FIGURE 7 SUPPLY CHAIN ANALYSIS
FIGURE 8 GLOBAL SAFETY LANCET MARKET, BY TYPE, 2016 & 2023 (USD MILLION)
FIGURE 9 GLOBAL SAFETY LANCET MARKET, BY END USERS, 2014-2023 (USD MILLION)
FIGURE 10 GLOBAL SAFETY LANCET MARKET, BY REGION, 2016 & 2023 (USD MILLION)
FIGURE 11 NORTH AMERICA SAFETY LANCET MARKET, BY COUNTRY, 2016 (%)
FIGURE 12 EUROPE SAFETY LANCET MARKET, BY COUNTRY, 2016 (%)
FIGURE 13 ASIA-PACIFIC SAFETY LANCET MARKET, BY COUNTRY, 2016 (%)
FIGURE 14 MIDDLE EAST & AFRICA SAFETY LANCET MARKET, BY COUNTRY, 2016 (%)
FIGURE 15 GLOBAL SAFETY LANCET MARKET, COMPANY SHARE ANALYSIS 2016 (%)
FIGURE 16 F. HOFFMANN-LA ROCHE AG: FINANCIAL REVENUE
FIGURE 17 F. HOFFMANN-LA ROCHE AG: SEGMENTAL REVENUE
FIGURE 18 F. HOFFMANN-LA ROCHE AG: GEOGRPAHICAL REVENUE
FIGURE 19 F. HOFFMANN-LA ROCHE AG: SWOT ANALYSIS
FIGURE 20 BECTON, DICKINSON AND COMPANY: FINANCIAL REVENUE
FIGURE 21 BECTON, DICKINSON AND COMPANY: SEGMENTAL REVENUE
FIGURE 22 BECTON, DICKINSON AND COMPANY: GEOGRAPHICAL REVENUE
FIGURE 23 BECTON, DICKINSON & COMPANY: SWOT ANALYSIS
FIGURE 24 TERUMO: FINANCIAL REVENUE
FIGURE 25 TERUMO: SEGMENTAL REVENUE
FIGURE 26 TERUMO: GEOGRAPHICAL REVENUE
FIGURE 27 TERUMO CORPORATION: SWOT ANALYSIS
FIGURE 28 BAYER AG: FINANCIAL REVENUE
FIGURE 29 BAYER AG: SEGMENTAL REVENUE
FIGURE 30 BAYER AG: GEOGRAPHICAL REVENUE
FIGURE 31 BAYER AG: SWOT ANALYSIS
FIGURE 32 HTL STREFA S.A.: FINANCIAL REVENUE
FIGURE 33 HTL STREFA S.A.: SWOT ANALYSIS
FIGURE 34 SARSTEDT AG & CO.: SWOT ANALYSIS
FIGURE 35 IMPROVE MEDICAL TECHNOLOGY CO. LTD: SWOT ANALYSIS

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