Tattoo Removal Market Size, Opportunities, Trends, Share, Revenue Analysis Till 2030

The tattoo removal market is expected to reach USD 14,113.68 million by 2030, growing at a CAGR of 16.40%. According to forecasts, the tattoo removal business will have opportunities in the future due to the rising application of tattoos as a result of popular culture influence.

Tattoos leave permanent traces on the skin. Ink is injected into the dermis during the procedure using needles. Tattoos have evolved into a creative, fascinating, and expressive medium in recent years. The bulk of those getting their skin tattooed is between the ages of 18 and 24. People may get tattoos erased as a result of fading tattoo art, shifting fashion trends, and restrictive corporate employment standards regarding tattoos.

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The COVID-19 pandemic has had a substantial impact on the tattoo removal market, posing difficulties for manufacturers in the form of a widening supply-demand gap. To stop the virus from spreading, a rigorous lockdown has forced the closure of hospitals, clinics, and tattoo parlors. It was necessary to postpone laser surgical treatments due to the global increase in SARS-CoV-2 infections.

Due to the alarming increase in novel Coronavirus cases, healthcare is now increasingly concentrated on patients impacted by COVID-19.

Market Segmentation

By Treatment

The study outlines a variety of treatment options, including surgery, topical treatments, laser therapy, and more. Due to the increasing availability and use of cutting-edge laser technologies as well as the availability of efficient tattoo removal, laser therapy now accounts for 66 percent of the global market. Given the growing preference for less invasive or non-invasive techniques, laser therapy is frequently seen as the tattoo removal method of the future. Additionally, several companies are progressively implementing laser tattoo removal marketing methods to expand their consumer base and their global presence.

By End User

Dermatology practices, laser clinics, and other businesses are among the top-end consumers of tattoo removal equipment. The growing popularity of laser therapy for tattoo removal as well as the extensive services provided by specialty laser centers as opposed to standard dermatological clinics support the segment's expansion in the global market. As a result, the laser centers market was able to achieve a staggering USD 895.2 Million in 2016.

Regional Classification

Throughout the next decade, North America is most likely to maintain its leading position in the global tattoo removal market, with a share of 39.6 percent. Due to the abundance of modern tattoo studios, North America has experienced phenomenal industry growth.

The North American market benefits from the region's high average purchasing power as well as the rising sales and use of cutting-edge tattoo removal solutions. Due to the rising popularity of medical spas and beauty salons, which are situated close to clubs, coffee shops, and other popular destinations for young people, the tattoo removal market size in South America has been growing dramatically over the years.

Industry News

After their commercial launch in 2021, Soliton's RAP (rapid acoustic pulse) device and design cartridges will be sold by Aesthetic Solutions under the terms of a distribution agreement they signed in September 2020. Aesthetic Solutions will concentrate on positioning the RAP device to cater to doctors with experience in cellulite reduction and tattoo removal.

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Tattoo Removal Market Key Players

Cynosures (US)
Cutera Inc (US)
Dimyth (China)
Syneron Medical Ltd (US)
Astanza (US)
Quanta System SpA (Italy)
Lutronic (US)

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This release was published on openPR.