Tattoo Removal Market Expected to Reach US$ 392.43 Million by 2027 | Top Companies and Industry Growth CAGR of 7.70%
According to the latest report by IMARC Group “Tattoo Removal Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, the global tattoo removal market reached a value of US$ 246.75 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 392.43 Million by 2027, exhibiting a CAGR of 7.70% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Tattoo removal deals with completely removing or partially lightening the permanent tattoo ink from the skin. Some commonly deployed tattoo removal procedures include dermabrasion, laser removal, chemical peels, and surgical excision. These treatments generally involve chemical solutions, dermabrasion procedures with specialized instruments to sand the skin, laser removal with high-intensity light beams, and surgical excision by directly cutting out the skin to remove the tattoo. As a result, tattoo removal treatment options are widely adopted in hospitals, dermatology clinics, and laser centers.
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Tattoo Removal Market Trends and Drivers:
The market is primarily driven by changing personal preferences and career considerations regarding tattoos. In addition, the growing prevalence of magnetic resonance imaging (MRI)- based burns induced by metal-based inked tattoos is accelerating the demand for tattoo removal procedures. Moreover, numerous airlines have stringent guidelines and policies about visible tattoos on employees, even if hidden with bandages, accessories, and makeup which is providing a thrust to the tattoo removal industry growth.
Besides this, the introduction of new advanced, painless laser products that offer an economical solution for removing unwanted tattoos of different ink colors, such as Q-switched laser technology that effectively remove black and colored tattoos, minimizes the risk of infection, and causes minimal damage to nearby skin cells, represent another major growth-inducing factor. Along with this, the awareness regarding the presence of skilled and certified professionals with proper medical training to ensure avoidance of scarring, skin texture change, and elimination of wounds and burns during or after tattoo removal procedures is propelling the market growth.
Furthermore, the growing number of tattoo parlors, the increasing number of individuals getting inked, and extensive research and development (R&D) activities to develop innovative and well-designed devices for tattoo removal are also creating a favorable market outlook.
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Report Segmentation:
The report has segmented the market on the basis of region, treatment type and end user.
Breakup by Treatment Type:
• Laser Therapy
• Surgical Procedure
• Topical Creams
• Others
Breakup by End User:
• Hospitals
• Clinics
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Alma Lasers Ltd (Sisram Medical Ltd), Astanza Laser LLC, Bison Medical Co. Ltd., Candela Laser Corporation, Cryomed Aesthetics, Cutera Inc., Cynosure LLC, Fotona d.o.o., Lumenis Ltd., Lutronic Corporation, Quanta System S.p.A. and The Global Beauty Group.
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