Tattoo Removal Market Comprehensive Study by Leading Key Players: Asclepion Laser Technologies GmbH, BISON MEDICAL, Cutera, Inc., Cynosure, Inc., Cryomed Aesthetics, Eclipse Lasers Ltd. and more

The Tattoo Removal Market is estimated at $ 1116 million in 2016 and is expected to grow at an average annual rate of 12.7% from 2017 to 2023, reaching $ 27.317 billion in 2023. The laser procedures sector accounted for more than half of the global market in 2016.

Tattoo removal is a method used to remove tattoos through lasers, surgeries, lotions or creams. The laser beam is surgically removed while the tattoo ink particles are disintegrated and removed, and a scalpel is used and the wound is used for rubbing.

In addition, tattoo removal cream is a slow, steady, painless way to remove the ink portion of the skin. Among these, the most commonly used techniques for tattoo removal are laser procedures involving scar removal, tattoo fade, safety, relative pain reduction and other factors.

The factors that drive the growth of the tattoo removal market include the increase in number of people who wish to remove their tattoos due to various personal and social reasons. In addition, the change in the lifestyle and taste for better ethical preference of the tattooed people fuel the global tattoo removal market. Nevertheless, the high cost of tattoo removal procedures hinders the growth of the market.

Moreover, the technological advancement of tattoo removal procedures result in new methods such as intense pulsed light therapy, representing great growth opportunities for the market.

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The major companies profiled in the report include
• Alma Lasers
• Asclepion Laser Technologies GmbH
• BISON MEDICAL
• Cutera Inc.
• Cynosure Inc.
• Cryomed Aesthetics
• Eclipse Lasers Ltd.
• LUMENIS
• Syneron Inc.
• Fotona d.o.o.

By procedure, the tattoo removal market is segmented into laser, surgical excision, tattoo removal creams, and others. The laser procedure accounted for more than half of the global market in 2016 and is anticipated to be the fastest growing segment during the forecast period. This is due to the various advantages offered by laser machines, which has made the overall tattoo removal procedure safer and reliable.

By end user, the tattoo removal clinics segment is leading with maximum share of the market coupled with high growth rate. This is due to the better service quality and skilled tattoo removal personals or doctors present in the clinics.

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Key Findings of the Tattoo Removal Market:
• North America is the fastest growing region in the market with 13.3% CAGR.
• Laser tattoo removal procedure occupied more than half of the share in 2016 and is anticipated to be the fastest growing segment of the market with 13.1% CAGR.
• Tattoo removal clinics is the leading end user with maximum market share as well as highest growth rate of 13.0%.
• Europe is the second highest shareholder of the market growing with significant CAGR during the analysis period.
• The U.S. is the major country in the market with highest market share and CAGR of 13.4%.

In 2016, North America and Europe collectively accounted for more than half of the global tattoo removal market share and is expected to grow at the highest CAGRs during the forecast period. The U.S. is the major country with maximum share and highest growth rate in the market owing to growth in tattoo regrets resulting in tattoo removal. Technological advancement coupled with high disposable income are the other factors supporting market expansion in the country during analysis period.

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