Tattoo Removal Devices Market Size, Share & Trends Report

Tattoo Removal Devices Market Size, Share & Trends Analysis Report By Device (Laser, Radiofrequency, Ultrasound), By End Use (Dermatology Clinics), By Region, And Segment Forecasts, 2019 - 2026

  • Published Date: Jul, 2019
  • Base Year for Estimate: 2018
  • Report ID: GVR-2-68038-989-0
  • Format: Electronic (PDF)
  • Historical Data: 2015 - 2017
  • Number of Pages: 100

Industry Insights

The global tattoo removal devices market size was estimated at USD 114.08 million in 2018 and is expected to expand at a CAGR of 8.5% by 2026. Increasing adoption of laser treatments for aesthetics procedures and high demand for tattoo removal are the major growth drivers. High demand for non-invasive procedures for aesthetics is also fueling the demand.

High prevalence of ‘tattoo regret’ among millennials is expected to propel the demand. For instance, according to an article published by B&T Magazine, nearly 28.6% of females and around 29.7% of males wish to get their tattoo removed while more than 35.0% of population in the age group of 18 to 21 who have been inked, regret their tattoos.

U.S. tattoo removal devices Market

A wide range of techniques, such as laser therapy, pulsed light therapy, dermabrasion, plastic surgery, and chemical peels, are used for tattoo removal. Majority of these techniques are effective, safe, and non-invasive. Thus, increasing popularity of these techniques coupled with growing demand for non-invasive procedures is expected to boost the tattoo removal market over the forecast period.

Most of the U.S. based companies refrain from hiring candidates with tattoo, especially visible designs in the areas such as below the wrist, above the collar, and face. For instance, as per a study conducted by Pew Research Center, nearly 76% of the study participants believed that visible tattoo reduces the hiring chances of a candidate during an interview, while, around 42% of the participants believe that visible tattoos are inappropriate at workplace. Thus, such social issues are anticipated to increase the demand for tattoo removal.

Device Insights

On the basis of device type, the market is categorized into laser, radiofrequency, and ultrasound devices. Amongst these, laser therapy was valued at USD 71.0 million in 2018 and is expected to expand at a rapid pace over the forecast period.

Various types of lasers used include Q-Switched Nd-YAG laser, Q-switched ruby laser, and Q-Switched Alexandrite laser. These devices efficiently remove the black as well as colored tattoos. Features such as reduced risk of infection and minimal damage to nearby skin cells, no side effects, and ease of use are anticipated to fuel the segment growth.

End Use Insights

On the basis of end use, the tattoo removal devices market is divided into dermatology clinics and medical spa and beauty centers. The dermatology clinics segment led the market in 2018, attributed to the presence of skilled and certified professionals in such clinics. Dermatologists have proper medical training to ensure avoidance of scarring, change in skin texture, and burns and other wounds during or after the removal treatment, thus, increasing the procedure safety and facilitating the segment growth.

Global tattoo removal devices Market

Medical spa and beauty centers segment is expected to expand at a substantial CAGR over the forecast period owing to speedy approvals from local authorities. Increasing popularity of these centers due to their location alongside coffee shops, clubs, and other youth attraction places is anticipate to further fuel the segment growth.

Increasing demand for safe and effective procedures is promoting the medical spas and beauty centers to adopt innovative removal techniques. The techniques adopted by medical spas are extremely hygienic and safe. Moreover, these treatments are only performed by licensed experts, thus, facilitating segment growth.

Regional Insights

North America led the market and is anticipated to expand at a lucrative CAGR over the forecast period, attributed to increasing number of tattoo parlors and individuals getting inked coupled with the availability of advanced procedures.

Europe followed North America in terms of market share in 2018 due to growing innovations in laser tattoo removal techniques and speedy adoption of laser technology. In addition, high consumer preference for laser treatment as compared to other treatments is fueling the regional growth.

Asia Pacific is estimated to be the fastest growing region owing to increase in number of individuals getting inked, in countries such as Japan and India. Furthermore, increasing disposable income especially in developing countries is anticipated to fuel the growth.

Tattoo Removal Devices Market Share Insights

Some of the key market players include Lutronic Corporation; Hologic (Cynosure, Inc.); Alma Lasers, Ltd.; Syneron candela; Astanza; EL.En. S.p.A; Cutera Inc.; and Lumenis Ltd. These players are actively involved in enhancing the existing technologies, new product launches, product portfolio expansion, and others. Lutronic, one of the leading players in the market, announced the U.S. Food and Drug Administration (FDA) clearance for the Lutronic Genius device in February 2019. The highly efficient device incorporates “smart” features anticipated to assist practitioners in providing outstanding care to customers.

Report Scope

Attribute

Details

Base year for estimation

2018

Actual estimates/Historical data

2015 - 2017

Forecast period

2019 - 2026

Market representation

Revenue in USD Million & CAGR from 2019 to 2026

Regional scope

North America, Europe, Asia Pacific, Latin America, & MEA

Country scope

U.S., Canada, U.K., Germany, France, Italy, Spain, Japan, China, India, Australia, South Korea, Brazil, Mexico, Argentine, Colombia, South Africa, Saudi Arabia, & UAE

Report coverage

Revenue, competitive landscape, growth factors, and trends

15% free customization scope (equivalent to 5 analysts working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization


Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2026. For the purpose of this report, Grand View Research has segmented the global tattoo removal devices market report on the basis of device, end use, and region:

  • Device Outlook (Revenue, USD Million, 2015 - 2026)

    • Laser

    • Radiofrequency

    •  Ultrasound

  • End Use Outlook (Revenue, USD Million, 2015 - 2026)

    • Dermatology Clinics

    • Medical Spa & Beauty Centers

  • Regional Outlook (Revenue, USD Million, 2015 - 2026)

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • U.K.

      • France

      • Italy

      • Spain

    • Asia Pacific

      • Japan

      • China

      • India

      • Australia

      • South Korea

    • Latin America

      • Brazil

      • Mexico

      • Argentina

      • Colombia

    • Middle East and Africa (MEA)

      • South Africa

      • Saudi Arabia

      • UAE

Key questions answered by the report
Request for Customization

Choose License Type

Single User - $5,950
Multi User (2-5) - $6,950
Enterprise Access - $8,950

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert.

  • Custom research service

    Custom research service

    Design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • grand view research PCI DSS complaint grand view research paypal verified