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Global Tattoo Removal Market Size, Growth, Share, Forecast: By Procedure: Laser Procedure, Surgical Procedure, Creams, Others; By End User: Hospitals & Dermatology Clinics, Medical Spa and Beauty Centres, Others; Regional Analysis; Patent Analysis; Grants Analysis; Funding Analysis; Regulatory Framework; Supplier Landscape; 2024-2032
Global Tattoo Removal Market Outlook
The global tattoo removal market size was valued at USD 4.73 billion in 2023, driven by the rising disposable incomes, increasing health awareness, and the increasing availability of advanced healthcare facilities. The market is anticipated to grow at a CAGR of 15.3% during the forecast period of 2024-2032 to achieve a value of USD 17.02 billion by 2032.
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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: Market 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.
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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.
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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 market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Procedure |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Tattoo Removal Market Overview
3.1 Global Tattoo Removal Market Historical Value (2017-2023)
3.2 Global Tattoo Removal Market Forecast Value (2024-2032)
4 Global Tattoo Removal Market Landscape
4.1 Global Tattoo Removal Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Tattoo Removal Product Landscape
4.2.1 Analysis by Procedure
4.2.2 Analysis by End User
5 Global Tattoo Removal Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Tattoo Removal Market Segmentation
6.1 Global Tattoo Removal Market by Procedure
6.1.1 Market Overview
6.1.2 Laser Procedure
6.1.3 Surgical Procedure
6.1.4 Creams
6.1.5 Others
6.2 Global Tattoo Removal Market by End User
6.2.1 Market Overview
6.2.2 Hospitals & Dermatology Clinics
6.2.3 Medical Spa and Beauty Centres
6.2.4 Others
6.3 Global Tattoo Removal Market by Region
6.3.1 Market Overview
6.3.2 North America
6.3.3 Europe
6.3.4 Asia Pacific
6.3.5 Latin America
6.3.6 Middle East and Africa
7 North America Tattoo Removal Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Tattoo Removal Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Tattoo Removal Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Tattoo Removal Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Tattoo Removal Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
16.1 Regulatory Overview
16.1.1 US FDA
16.1.2 EU EMA
16.1.3 INDIA CDSCO
16.1.4 JAPAN PMDA
16.1.5 Others
17 Supplier Landscape
17.1 AGIC Capital (FOTONA D.O.O.)
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 Bison Medical.
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 Candela Corporation
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 CryoMed Aesthetics
17.4.1 Financial Analysis
17.4.2 Financial Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 Cutera, INC.
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 Cynosure, INC.
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 Alma Lasers Ltd
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 Lumenis LTD
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 Asclepion Laser Technologies GmbH
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 Fosun Pharma (Alma Lasers)
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
17.11 The Global Beauty Group
17.11.1 Financial Analysis
17.11.2 Product Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisitions
17.11.5 Certifications
18 Global Tattoo Removal Market - Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
In 2023, the global market for tattoo removal attained a value of USD 4.73 billion.
The market is anticipated to grow at a CAGR of 15.3% during the forecast period of 2024-2032 to reach a value of USD 17.02 billion by 2032.
The major drivers of the market are the rising disposable incomes, increasing health awareness, availability of tattoo removal facilities, and growing technological advancements.
The rising prevalence of people unhappy with their tattoos and growing research activities to develop enhanced procedures are the key market trends guiding the growth of the global tattoo removal market.
The major regions in the market 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 market.
The major end user segments of the product include hospitals and clinics, among others.
The major players in the market are AGIC Capital (FOTONA D.O.O.), Bison Medical, Candela Corporation, CryoMed Aesthetics, Cutera, INC., and Cynosure, INC., among others.
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