Global Tattoo Removal Market Report and Forecast 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