Global Tattoo Removal Lasers Market Forecasts 2018-2026: Market Size & Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Mar 25, 2019--The “Global Tattoo Removal Lasers Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 to 2026” report has been added to ResearchAndMarkets.com’s offering.
The global tattoo removal lasers market was valued at US$ 159 Mn in 2017 and is expected to reach US$ 285.3 Mn by 2026, expanding at a CAGR of 6.5% from 2018 to 2026.
Increasing awareness about safe and convenient tattoo removal treatments and rapid uptake of laser treatments in aesthetics are the prime factors driving the tattoo removal lasers market. The novel laser removal solutions come with faster recovery time, fewer side effects and improved safety. These factors have led people to opt for the latest laser removal laser treatments as against the obsolete methods.
In the U.S. alone, over 50,000 laser tattoo removals were performed in 2016. Tattoos are becoming a popular part of the latest sociocultural environment. 36% of the American adults have at least one tattoo, with 20% of individuals having more than one. However, a significant part of this group has regret having a tattoo.
Q-switched lasers are the most common laser type used for tattoo removal. Q-switched ruby laser successfully removes black, dark blue and green pigments. However, for multicolor tattoos, combined lasers are often prescribed. The latest picosecond lasers are gaining gradual popularity in the developed markets. These lasers clear tattoo more effectively in lesser time than the conventional counterparts. Picosecond laser also effectively clears pigments such as yellow, orange, red and also removes tattoos with black pigments.
Several new technologies are also being explored for commercialization in the field of tattoo removal. As the awareness of the general public towards tattoo removal is increasing, the demand for lasers for this application is set to augment within the forecast period. However, tattoo removal with lasers come with high costs due to the high prices of this equipment, thus making it unaffordable to both patients and therapists. A requirement of multiple sittings also increases the overall treatment cost. Furthermore, multicolor tattoos require combined treatments for efficient tattoo removal, which in turn augments the cost.
The Asia Pacific shall be progressing at the fastest growth rate during the forecast period. Getting a tattoo is becoming widely popular and affordable for the general population in the Asia Pacific. Therefore, as the uptake of tattoos in the region is growing, there shall be an increase in the number of individuals seeking tattoo removal. Furthermore, cheaper costs of laser tattoo removal in the Asia Pacific shall also be assistive in attracting customers to the region. Growing awareness along with improving disposable incomes in the general population is also attracting the uptake of tattoo removal in the Asia Pacific.
Key Market Movements
- Growing and indiscriminate uptake of tattoos worldwide, and the resultant growing demand for tattoo removal procedures
- A requirement from certain professions for the absence of tattoos at specific sites
- Increasing awareness in tattoo removals regarding convenient, quick and safer tattoo removal treatments
- Lesser procedure costs in the Asia Pacific attracting patients from other geographies
Key Topics Covered
Chapter 1. Preface
1.1. Report Description
1.2. Research Scope
1.3. Research Methodology
1.4. Market Segmentation
Chapter 2. Executive Summary
2.1. Global Tattoo Removal Lasers Market Portraiture
2.2. Global Tattoo Removal Lasers Market, by Type, 2017 (US$ Mn)
2.3. Global Tattoo Removal Lasers Market, by Usage Area, 2017 (US$ Mn)
2.4. Global Tattoo Removal Lasers Market, by Geography, 2017 (US$ Mn)
Chapter 3. Global Tattoo Removal Lasers Market: Dynamics and Future Outlook
3.5. Porter’s Five Forces Analysis
3.6. Attractive Investment Proposition, by Geography, 2017
3.7. Competitive Analysis: Global Tattoo Removal Lasers Market, by Key Players, 2017
Chapter 4. Global Tattoo Removal Lasers Market, by Type, 2016 - 2026 (US$ Mn)
4.2. Q-switched Ruby Laser (694 nm)
4.3. Q-switched Nd:YAG Laser (532 nm, 1064 nm)
4.4. Q-switched Alexandrite Laser (755 nm)
4.5. Picosecond Laser
4.6. Combination Laser
Chapter 5. Global Tattoo Removal Lasers Market, by Usage Area, 2016 - 2026 (US$ Mn)
5.2. Tattoo Studios
5.3. Asthetic Centers
Chapter 6. Global Tattoo Removal Lasers Market, by Geography, 2016 - 2026 (US$ Mn)
6.2. North America Tattoo Removal Lasers Market, 2016 - 2026 (US$ Mn)
6.3. Europe Tattoo Removal Lasers Market, 2016 - 2026 (US$ Mn)
6.4. Asia Pacific Tattoo Removal Lasers Market, 2016 - 2026 (US$ Mn)
6.5. Latin America Tattoo Removal Lasers Market, 2016 - 2026 (US$ Mn)
6.6. Middle East & Africa Tattoo Removal Lasers Market, 2016 - 2026 (US$ Mn)
Chapter 7. Company Profiles
7.1. Lumenis Ltd.
7.1.1. Company Overview
7.1.2. Financial Information (Subject to Data Availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. Syneron Medical Ltd.
7.3. Hologic Inc. (Cynosure Inc.)
7.4. EL.EN. S.p.A. (Deka Mela S.r.l.)
7.5. Cutera Inc.
7.6. Fotona d.o.o
7.7. Alma Lasers Ltd.
7.8. Lutronic Corporation
7.9. Quanta System S.p.A.
7.10. Bluecore Company
7.11. Asclepion Laser Technologies
7.12. Astanza Laser LLC
For more information about this report visit https://www.researchandmarkets.com/research/r5cbl4/global_tattoo?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190325005351/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: HEALTH BIOTECHNOLOGY MEDICAL DEVICES
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 03/25/2019 07:36 AM/DISC: 03/25/2019 07:36 AM