The tattoo removal devices market is predicted to rise from a
valuation of US$232.4 Mn in 2017 to reach US$ 321.9 Mn by 2022 end.
The market is forecast to rise at a CAGR of 6.7% from 2017 to 2022.
The rising demand for safe treatment devices and non-invasive
techniques for the removal of tattoo among populations in various
regions 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 growing need for robust
tattoo removal technologies that cause less patient discomfort among
adult populations is catalyzing the growth of the market. The advent
of multicolor tattoo removal devices that cater to most popular ink
colors and enable faster treatment and in less number of sessions is
a crucial factor expected to accentuate the market in various
developing and developed regions.
In a number of emerging economies, the rising affordability of
advanced tattoo removal treatments among populations is a prominent
factor fueling the growth of the market. This is attributed mainly to
the rising percentage of insurance coverage.
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A number or risks associated with tattoo treatment sessions such as
blisters, scarring, and discoloration is a key factor constraining
their demand to an extent. 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. Furthermore, the development of next-generation
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.
Of all types of tattoo removal devices, the use of laser-based
devices is by far the most common. The prevalent demand for these
tattoo removal devices is attributed to their wider applicability in
the removal a range of ink pigments and a marked suitability for all
skin types. The market for laser-based tattoo removal devices is
projected to be worth US$194.6 Mn by 2022 end.
Regionally, North America dominates the market and is expected to
retain its dominance throughout the forecast period. The dominance of
the regional market is mainly attributed to a wide demand for various
types of tattoo removal devices among adults and teenagers in various
countries.
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In recent decades, a variety of techniques and methods have become
available in various parts of the world for a partial or total
removal of tattoos in adults. A growing number of young populations,
especially in several developed and developing countries, desire to
get their tattoo removed. This is motivated by a variety of social or
psychological reasons, including getting the existing tattoo replaced
with a new one. The rising number of safe and faster treatments that
also enable the removal of different pigment colors for all skin
types is a key trend accentuating the market. The advent of tattoo
removal devices that are largely considered non-invasive and with
minimal side-effects bodes well for the growth of the market.
Constant advancements in tattoo removal technologies, notably in
laser devices, coupled with careful considerations of various
post-treatment risks and complications in patients, result in
improving the success rate of the treatment sessions.
Several players are focused on launching devices that can remove
tattoo pigments for a broad range of skin types in less number of
treatment sessions, causing less post-treatment complications and
risks. Some of the prominent players operating in the tattoo removal
devices market are Alma Lasers, Ltd., Fotona d.d., Sciton, Inc.,
EL.En. S.p.A., Lynton Lasers Ltd., Solta Medical Inc., Lumenis Ltd.,
and Cynosure, Inc.
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