This report provides exclusive insights into the COVID-19 impact on the Tattoo Removal Devices Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Tattoo Removal Devices Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Tattoo Removal Devices Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on tattoo removal devices market provides an in-depth analysis of segments and sub-segments in global as well as regional tattoo removal devices market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional tattoo removal devices market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global tattoo removal devices market. According to the report the global tattoo removal devices market is projected to grow at a CAGR of 6% over the forecast period of 2018-2024.
Tattoos are permeant or temporary markings made on body parts by injecting ink or other pigments with the help of needles into the second layer of skin called dermis. Tattoos are connected with ritual values and sentiments of people but nowadays tattoos have become an attractive, artistic and appearance among the people. Therefore there has been incredible growth in the number of people getting their skin inked with different designs and so do in the number of people getting their tattoos removed. There is some tattoo removal process that includes surgical, laser, and cream. People incline to get rid of their tattoos owing to several reasons such as social conditions, career purposes, and several other reasons for which tattoo removal devices are useful.
Promptly increasing demand for safe tattoo removal devices and non-surgical techniques for the removal of tattoos and necessity for effective tattoo removal without harming the surrounding skin are some of the major factors driving the growth of tattoo removal devices market. Furthermore, continually changing trends and change in the lifestyle has augmented the demand for tattoo removal in the market. Additionally, developments in tattoo removal technologies have led to safe tattoo removal treatments in less number of sittings is also boosting the demand for this market. Moreover, advancement in technology such as intense pulsed light therapy for removing tattoo has created new opportunities for the growth of the market. On the contrary, lack of awareness about essential tattoo removal equipment in several regions, the high cost connected with the removal of the tattoo may hamper the growth of the tattoo removal devices market.
In terms of geographies, North America has dominated the growth of tattoo removal devices market followed by Europe region. Whereas, the Asia-Pacific region anticipated to be the fastest growing market for tattoo removal device. The growth in the North America region is due to the presence of a large number of tattoo studios and a huge number of people getting their skin inked eventually helps in the growth of the tattoo removal market in this region. In Europe region advancements in the laser tattoo removal technology and the growing adoption for this laser technology in the European countries is boosting the market growth in this region. Factor such as increasing number of people choosing to go for laser therapy in order to get rid of tattoos is further fuelling the growth of the tattoo removal devices market.
The report on global tattoo removal devices market covers segments such as technique, procedure, and end-users. On the basis of technique the global tattoo removal devices market is categorized into passive laser tattoo removal technique and active laser tattoo removal technique. On the basis of procedure the global tattoo removal devices market is categorized into surgical, laser and creams. On the basis of end-users the global tattoo removal devices market is categorized into beauty clinics and dermatology clinics.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region.
The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global tattoo removal devices market such as Alma Lasers, Bison Medical, Cynosure, Inc., Eclipse Lasers Ltd., Syneron Inc., Asclepion Laser Technologies GmbH, Cutera, Inc., Cryomed Aesthetics, Lumenis, and Fotona d.o.o.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global tattoo removal devices market. Moreover, IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of tattoo removal devices market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the tattoo removal devices market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the tattoo removal devices market to understand the present and future trends in this market and formulate their strategies accordingly.