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). 

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. 

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.

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.

SOURCE Technavio