Tattoo Removal Lasers Market is likely to register CAGR of 5.7% through 2028
The worldwide tattoo removal lasers market size is expected to grow from its current value of US$ 235.2 Million in 2022 to US$ 328.5 Million by 2028, exhibiting a compound annual growth rate (CAGR) of 5.7%. The revenue growth of tattoo removal lasers market has been estimated at a promising rate over the course of coming years. While over 7 in 10 patients prefer aesthetic clinics for the procedure of tattoo removal lasers, market value share of tattoo studios is likely to expand in coming years, as per FMI’s analysis.
|Tattoo Removal Lasers Market Size (2022)||US$ 235.2 Million|
|Sales Forecast (2028)||US$ 328.5 Million|
|Global Market Growth Rate (2022 to 2028)||5.7% CAGR|
|Share of Top 5 Market Players||50%|
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Tattoo removal lasers have been incorporating the latest laser technologies specific to tattoo removal procedures. Constant developments in the tattoo removal lasers landscape, increase in product penetration across different regions, and increasing government support for R&D of innovative tattoo removal lasers will remain key demand determinants in tattoo removal lasers market.
Several new technologies have been contributing to the revenue growth of tattoo removal lasers market. However, picosecond tattoo removal lasers are extremely expensive. A combination of wavelengths has been in high demand for tattoo removal. For instance, according to a research study conducted on five patients by the Laser Health Academy, better clearance was achieved with a combination of 1,550 nm non-ablative fractional laser+YAG laser as compared to other tattoo removal lasers. The combination of YAG+YAG also resulted in shorter recovery time.
According to research studies conducted on tattoo removal lasers, a combination of QS Nd: YAG (1064 nm) and CO2 lasers for tattoo removal also resulted in a significantly high improvement on the combination side for Indian skin. Combination of tattoo removal techniques is being perceived as more effective than only Q-S tattoo removal lasers, as the former reduces the need for multiple sessions.
Moreover, combination tattoo removal lasers have not only reduced the number of sessions required, but also cut costs and reduced adverse effects such as hyper-pigmentation, long-going inflammatory responses, and bulla formation. Extensive research on the efficacy of these combination tattoo removal lasers are warranted, specifically considering the high patient demand for tattoo clearance. Thus, the high demand for combination tattoo removal lasers has consistently driven the tattoo removal lasers market.
However, tattoo removal lasers work differently on different skin types, which may involve multiple adverse effects. Tattoo removal lasers that involve Q-switched also require eye protection for the prevention of retinal damage. Q-switched ruby tattoo removal lasers are linked with high clearance rates but are also contradictory because of the high incidence of prolonged hypopigmentation. Such adverse effects of tattoo removal lasers will remain are expected to hamper the growth of the tattoo removal lasers market during the forecast period.
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Key Players in the Market are:
- Hologic Inc.
- Cutera, Inc.
- Fotona d.o.o.
- El.En. S.p.A.
- Alma Lasers Ltd.
- Shanghai Fosun Pharmaceutical Co., Ltd
Some of the commonplace complications that result post tattoo removal lasers treatment include prolonged erythema, hyperpigmentation, hypertrophic scar formation, and disseminated infection. On the other side, complications associated with fractional lasers include transient pigmentary changes, mild fibrosis, and hypopigmentation. Though most of the adverse effects associated with tattoo removal lasers can be cured within a short span of time, some of them may lead to serious complications in terms of skin texture and pigmentation.
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The North American region dominates the market due to the increasing number of tattooed individuals and the growing popularity of laser tattoo removal market. The European market is also significant due to the increasing adoption of advanced laser technologies and the rising demand for non-invasive cosmetic procedures.
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Key Segments of Tattoo Removal Lasers Industry Survey
Tattoo Removal Lasers Market by Product:
- Q-Switched Tattoo Removal Lasers
- Q-Switched Nd:YAG
- Alexandrite Tattoo Removal Lasers
- Picosecond Tattoo Removal Lasers
- Combination Tattoo Removal Lasers
Tattoo Removal Lasers Market by End Use:
- Aesthetic Clinics
- Tattoo Studios
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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