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Global Tattoo Removal Market: By Procedure: Laser Procedure, Surgical Procedure, Creams, Others; By End User: Hospitals, Clinics, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments

Global Tattoo Removal Market Outlook

The global tattoo removal market reached a value of USD 19.1 billion in 2020. The market is expected to grow at a CAGR of 12.1% in the forecast period of 2021-2026 to reach a value of about USD 39.1 billion by 2026.

 

Global Tattoo Removal Market

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Thriving Laser Surgery Procedure, Owing to the Significant Benefits Related to It is Likely to Bolster the Growth of the Tattoo Removal Industry

Based on procedure, the laser procedure segment accounts for a significant share in the market and is anticipated to grow at a healthy pace in the forecast period. The growth of the segment can be attributed to the growing awareness about the benefits offered by the laser surgery procedure, such as no scarring, less side effects, and the ability of the laser to reach any part of the body efficiently and effectively. The primary advantage of the laser tattoo removal procedure is fact that the laser light is designed to leave the healthy skin cells alone, eradicating the risk of damage or skin blackening. Over the forecast period, the rising investments, along with the technological advancements in the segment, is likely to propel the growth of the laser treatment industry.

 

The Asia Pacific Accounts for a Significant Share in the Market

The Asia Pacific accounts for a significant share in the market and is likely to witness a considerable growth in the forecast period as well, owing to the rising number of dermatologists specialising in tattoo removal and the growing tattoo removal facilities in the countries, such as India, China, Japan, and South Korea, among others. The market in the region is further expected to be aided by the growing adoption of the Q-switched laser systems, availability of advanced laser systems, and the rising number of trained medical professionals specialising in this field.

 

Tattoo Removal: Industry Definition and Segmentation

Tattoo removal is defined as a procedure that is used to remove unwanted permanent tattoos from the body. This can be done through various methods, including laser surgeries, surgical removal, or dermabrasion.

 

Global Tattoo Removal Market By End User

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Based on procedure, the market is divided into:

  • Laser Procedure
  • Surgical Procedure 
  • Creams 
  • Others

The major end-users of tattoo removal procedures include:

  • Hospitals
  • Clinics
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Tattoo Removal Market By Region

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Growing End-Use of the Tattoo Removal Procedures in the Hospitals and Clinics to Boost the Growth of the Tattoo Removal Industry

The growing end-use of the tattoo removal procedures in hospitals and clinics is the major factor driving the market forward. This can be attributed to the growing preference of the consumers towards specialists or dermatologists who are capable of performing laser surgeries that can reduce skin irritation or skin damage, which is usually an issue with the do-it-yourself removal procedures. Over the forecast period, the increasing number of hospitals and clinics, along with the significant surge in the trained specialists capable of removing tattoos, is likely to augment the market growth, especially in the emerging economies.

 

Key Industry Players in the Global Tattoo Removal Market

The report gives a detailed analysis of the following key players in the global tattoo removal market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • AGIC Capital (FOTONA D.O.O.)
  • Bison Medical.
  • Candela Corporation 
  • CryoMed Aesthetics
  • Cutera, INC.
  • Cynosure, INC. 
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Procedure, End User, Region
Breakup by Procedure Laser Procedure, Surgical Procedure, Creams, Others
Breakup by End User Hospitals, Clinics, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered AGIC Capital (FOTONA D.O.O.), Bison Medical., Candela Corporation, CryoMed Aesthetics, Cutera, INC., Cynosure, INC., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Tattoo Removal Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Tattoo Removal Historical Market (2016-2020) 
    8.3    Global Tattoo Removal Market Forecast (2021-2026)
    8.4    Global Tattoo Removal Market by Procedure
        8.4.1    Laser Procedure
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Surgical Procedure
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Creams
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Others
    8.5    Global Tattoo Removal Market by End User
        8.5.1    Hospitals 
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Clinics
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Others
    8.6    Global Tattoo Removal Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    AGIC Capital (FOTONA D.O.O.)
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Bison Medical.
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Candela Corporation 
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    CryoMed Aesthetics
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Cutera, INC.
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Cynosure, INC. 
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio
            11.2.6.3    Demographic Reach and Achievements
            11.2.6.4    Certifications
        11.2.7    Others
12    Industry Events and Developments

 

List of Figures and Tables

1.    Global Tattoo Removal Market: Key Industry Highlights, 2016 and 2026
2.    Global Tattoo Removal Historical Market: Breakup by Procedure (USD Billion), 2016-2020
3.    Global Tattoo Removal Market Forecast: Breakup by Procedure (USD Billion), 2021-2026
4.    Global Tattoo Removal Historical Market: Breakup by End User (USD Billion), 2016-2020
5.    Global Tattoo Removal Market Forecast: Breakup by End User (USD Billion), 2021-2026
6.    Global Tattoo Removal Historical Market: Breakup by Region (USD Billion), 2016-2020
7.    Global Tattoo Removal Market Forecast: Breakup by Region (USD Billion), 2021-2026
8.    North America Tattoo Removal Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    North America Tattoo Removal Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Europe Tattoo Removal Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Europe Tattoo Removal Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Asia Pacific Tattoo Removal Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Asia Pacific Tattoo Removal Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Latin America Tattoo Removal Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Latin America Tattoo Removal Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Middle East and Africa Tattoo Removal Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Middle East and Africa Tattoo Removal Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Global Tattoo Removal Market Structure

Key Questions Answered in the Report

In 2020, the global tattoo removal market attained a value of nearly USD 19.1 billion.

The market is projected to grow at a CAGR of 12.1% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2020-2026 to reach about USD 39.1 billion by 2026.

The major drivers of the industry, such as the rising disposable incomes, increasing health awareness, availability of advanced healthcare facilities, development of minimally invasive surgical procedures, and growing technological advancements, are expected to aid the market growth.

The growing research activities to develop enhanced procedures is the key market trend guiding the growth of the industry.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Laser procedure, surgical procedure, and creams, among others, are the leading tattoo removal procedures in the industry.

The major end user segments of the product include hospitals and clinics, among others.

The major players in the industry are AGIC Capital (FOTONA D.O.O.), Bison Medical, Candela Corporation, CryoMed Aesthetics, Cutera, INC., and Cynosure, INC., among others.

Analyst Review

The global tattoo removal market attained a value of nearly USD 19.1 billion in 2020, driven by the development of enhanced healthcare facilities and technological advancements. Aided by the growing R&D activities, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 12.1%. The industry is projected to reach almost USD 39.1 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on procedure, the industry can be segmented into laser procedure, surgical procedure, and creams, among others. On the basis of end user, the industry is bifurcated into hospitals and clinics, among others. The major regional markets for tattoo removal are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include AGIC Capital (FOTONA D.O.O.), Bison Medical, Candela Corporation, CryoMed Aesthetics, Cutera, INC., and Cynosure, INC., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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