NEW YORK, Oct. 16, 2023 /PRNewswire/ — The tattoo removal market size is expected to grow by USD 117.09 million from 2022 to 2027, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 7.58% during the forecast period. Growing tattoo regret and dissatisfaction are notably driving the tattoo removal market. However, factors such as potential side effects related to tattoo removal may impede market growth. The market is segmented by End-user (Dermatology clinics, Medical spas, and beauty centers ), Type (Laser, Surgical, Creams, and Others ), and Geography (North America, Europe, APAC, South America, and Middle East and Africa). Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The free sample report is available in PDF format
Key Segment Analysis
By end-user, the dermatology clinics segment is significant during the forecast period. It is a specialized medical facility that focuses on the diagnosis and treatment of various skin conditions. Furthermore, they are equipped with advanced laser and energy equipment, and they employ trained dermatologists and medical professionals to perform tattoo removal procedures. To know additional highlights and key points on various market segments and their impact in coming years, View Free PDF Sample Report.
Geographical Market Analysis
By geography, North America is estimated to contribute 39% to the growth of the global market during the forecast period. The well-established healthcare system, the presence of well-known market players, and increased investment in R&D activities in the region drive the tattoo removal market in North America during the forecast period.
Company Insights
The tattoo removal market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market’s competitive landscape and offers information on several market companies, including:
AbbVie Inc., Alma Lasers Ltd., Astanza Laser, Bausch Health Companies Inc., BISON Medical, Candela Corp., Cutera Inc., Cynosure LLC, DEKA M.E.L.A. S.r.l., Dimyth, EBOS Medical Devices Australia Pty Ltd., El.En. S.p.A., Fotona d.o.o, Jeisys Medical Inc., LINLINE Medical Systems, Lumenis Be Ltd., Lutronic Inc., Lynton Lasers Ltd., Quanta System S.p.A., Venus Concept Inc.
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Tattoo Removal Market Scope |
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Report Coverage |
Details |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.58% |
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Market growth 2023-2027 |
USD 117.09 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
7.42 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 39% |
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Key countries |
US, Canada, China, Germany, and UK |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
AbbVie Inc., Alma Lasers Ltd., Astanza Laser, Bausch Health Companies Inc., BISON Medical, Candela Corp., Cutera Inc., Cynosure LLC, DEKA M.E.L.A. S.r.l., Dimyth, EBOS Medical Devices Australia Pty Ltd., El.En. S.p.A., Fotona d.o.o, Jeisys Medical Inc., LINLINE Medical Systems, Lumenis Be Ltd., Lutronic Inc., Lynton Lasers Ltd., Quanta System S.p.A., and Venus Concept Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
ToC:
Excustive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by End-users
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
Originally published at https://www.prnewswire.com/news-releases/tattoo-removal-market-to-increase-by-usd-117-09-million-between-2022-to-2027–dermatology-clinics-to-be-the-major-contributing-segment—technavio-301956409.html
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