Tattoo Removal Devices Market Size is anticipated to record a healthy CAGR between 2022 and 2028. Tattoos are created by artists with the help of electrically powered machines that deploy a needle for injecting ink into the second layer of the skin. The rising popularity of different types of tattoos has pushed the demand for various tattoo removal devices. Moreover, numerous regulators have approved the use of a range of devices for tattoo removal, boosting market share over the analysis period.
Considering device type, the tattoo removal devices market is expected to register considerable revenue from the laser segment through 2028. This rise is on account of the increasing availability of treatment options such as Q-switched lasers that provide excellent results when taken multiple times, ranging between 5 and 20 or more. However, there is no guarantee that any treatment could restore the skin to its earlier condition. The segment growth is attributed to the surging adoption of ablative lasers and adjunctive topical therapy for the treatment of allergic tattoos.
Based on end-use, the dermatology segment is estimated to generate appreciable proceeds, favoring tattoo removal devices market expansion through the forecast period. This expansion is propelled by the increasing need for numerous treatment modalities in the light of technical and scientific progress through the recent years. Moreover, the dermatology sector makes use of various non-ablative quality-switched lasers for the removal of unwanted tattoo ink. Additional processes comprise dermal scatter reduction, use of microencapsulated tattoo ink, application of imiquimod, multi-pass treatments, picosecond laser devices, and others.
By region, the North America tattoo removal devices market is expected to depict lucrative growth through 2028. This upsurge is mainly due to the increasing regulatory support across various countries in the region. For instance, in the U.S., the state and local authorities are responsible for overseeing the practice of tattooing, with inks and pigments subject to FDA oversight as cosmetics. These regulators have been taking strict actions for protecting consumers in the event of ink-related safety issues. Over the recent years, the FDA, which also regulates laser devices, has been recorded to approve the marketing of several types of lasers for tattoo lightening or removal.
Major companies across the tattoo removal devices industry include Fotona, Lumenis, Beijing Nubway S&T Co., Ltd., Syneron Medical Ltd., Cynosure, Inc., Alma Lasers Ltd., Lutronic Aesthetic, Lynton Lasers Ltd., and others. These players are focused on the adoption of product launches, mergers, acquisitions, collaborations, and partnerships for securing a competitive edge in the market.
Citing an instance, in May 2021, Cynosure launched its new Cynosure Experience Centre, equipped with new research and training facilities, in the city of London. The center is set to serve as a collaborative workspace for the company and its partners, customers, and employees across the globe.
The SARS-CoV-2 pandemic has given a boost to the tattoo removal market owing to rising awareness regarding the safety of procedures and considerable improvements in technology. This has led to a number of people to rethink about tattoos that they have been wearing for several years. Numerous companies have, however, recommended a series of protective measures for the performance of cosmetic procedures. This is further supplemented by specific guidelines for laser surgeries, which are set to power tattoo removal trends over the coming years.
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Market, by End-use
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