Pulished Date October, 2018
ID: 6140
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Asia Pacific Tattoo Removal Devices Market By Procedure (Laser-Based Devices, RF Devices, And Ultrasound Devices), End User (Dermatology Clinics And Beauty Clinics), And Region -Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018-2023)

Pulished: October, 2018
ID: 6140
Pages: 145

Asia Pacific Tattoo Removal Devices market is anticipated to grow at 7.12% CAGR from 2018 to 2023 and it is estimated that the Asia Pacific market was valued at USD 42.45 million in 2018 and is expected to reach USD 59.87 billion by 2023.

Tattoo removal has been performed with various tools since the history of tattooing. Once, tattoos were considered permanent, however, it is now possible to remove them with treatments, fully or partially. Before the development of laser tattoo removal methods, common techniques included dermabrasion, use of Trichloroacetic acid, cryosurgery, salabrasion, and excision which is sometimes still used along with skin grafts for larger tattoos. Early forms of tattoo removal included the use of lime, garlic or pigeon excrement, injection or application of wine.

The rising demand for noninvasive techniques and safe treatment devices for the removal of the tattoo is a key factor driving the market. The need for effective tattoo removal technologies that help in the removal of multiple ink colors without harming the surrounding skin is a key factor stoking the demand for tattoo removal devices. The rising need for healthy tattoo removal technologies that cause less patient discomfort among adult populations is catalyzing the growth of the market. The introduction of multicolor tattoo removal devices has facilitated the removal of the most popular ink colors and enable faster treatment and in less number of sessions is a crucial factor expected to boost the market in various developing and developed regions. Numerous emerging economies, the rising affordability of advanced tattoo removal treatments among populations is a prominent factor fueling the growth of the market. This is attributed mainly to the rising percentage of insurance coverage. A number of risks associated with tattoo treatment sessions such as blisters, scarring, and discoloration are key factors restricting their demand. However, the rising prominence of laser treatment technologies that aims for a favorable outcome in patients is a key factor expected to fuel the growth of the tattoo removal devices market.  Moreover, the development of next-gen tattoo removal laser devices that aim for the removal of the entire color spectrum of tattoo inks and possess the capability of optimal energy output is a significant factor expected to unlock exciting opportunities for market players.

 The Asia Pacific Tattoo Removal Devices market is segmented on the basis of Procedure and End User. On the basis of Procedure, the market is segmented into Laser Based Devices, RF Devices, and Ultrasound Devices. Laser based tattoo removal devices accounted for the major share of the market in terms of revenue and are expected to witness prominent demand throughout the forecast period due to an extensive demand for these devices world over for populations of all skin types. Substantial advancements in laser-based devices technology is further fueling the growth of the segment. On the basis of End User, the market is segmented into Dermatology Clinics and Beauty Clinics

Based on geography, the Tattoo Removal Devices market is segmented into India, China, Japan, South Korea and Australia.

The market is dominated by companies like Alma Lasers, Ltd., Fotona d.d., Sciton Inc., EL.En. S.p.A., Lynton Lasers Ltd., Solta Medical Inc., Lumenis Ltd., Cynosure, Inc., Syneron Medical Ltd., Lutronic Corporation, and Cutera Inc.

1. Introduction                                                                                 

                1.1 Market Definition                                                                    

                1.2 Study Deliverables                                                                  

                1.3 Base Currency, Base Year and Forecast Periods                                                                          

                1.4 General Study Assumptions                                                                

2. Research Methodology                                                                                           

                2.1 Introduction                                                                               

                2.2 Research Phases                                                                      

                                2.2.1 Secondary Research                                                           

                                2.2.2 Primary Research                                                 

                                2.2.3 Econometric Modelling                                                      

                                2.2.4 Expert Validation                                                  

                2.3 Analysis Design                                                                         

                2.4 Study Timeline                                                                          

3. Overview                                                                                       

                3.1 Executive Summary                                                                

                3.2 Key Inferences                                                                         

                3.3 Epidemology                                                                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                                                    

                4.1 Market Drivers                                                                          

                4.2 Market Restraints                                                                    

                4.3 Key Challenges                                                                         

                4.4 Current Opportunities in the Market                                                                              

5. Market Segmentation                                                                                              

                5.1 Procedure                                                                   

                                5.1.1 Introduction                                                           

                                5.1.2 Laser-Based Devices                                                           

                                                                5.1.2.1 Active Laser                        

                                                                5.1.2.2 Passive Laser                      

                                5.1.3 RF Devices                                                               

                                5.1.4 Ultrasound Devices                                                             

                                5.1.5  Y-o-Y Growth Analysis, By Procedure                                                         

                                5.1.6  Market Attractiveness Analysis, By Procedure                                                       

                                5.1.7  Market Share Analysis, By Procedure                                                         

                5.2 End User                                                                      

                                5.2.1 Introduction                                                           

                                5.2.2 Dermatology Clinics                                                             

                                5.2.3 Beauty Clinics                                                         

                                5.2.4 Y-o-Y Growth Analysis, By End User                                                             

                                5.2.5 Market Attractiveness Analysis, By End User                                                           

                                5.2.6 Market Share Analysis, By End User                                                             

6. Geographical Analysis                                                                                              

                6.1 Introduction                                                                               

                                6.1.1 Regional Trends                                                    

                                6.1.2 Impact Analysis                                                     

                                6.1.3 Y-o-Y Growth Analysis                                                        

                                                6.1.3.1 By Geographical Area                                     

                                                6.1.3.2 By Procedure                                     

                                                6.1.3.3 By End User                                        

                                6.1.4  Market Attractiveness Analysis                                                     

                                                6.1.4.1 By Geographical Area                                     

                                                6.1.4.2 By Procedure                                     

                                                6.1.4.3 By End User                                        

                                6.1.5  Market Share Analysis                                                      

                                                6.1.5.1 By Geographical Area                                     

                                                6.1.5.2 By Procedure                                     

                                                6.1.5.3 By End User                                        

                6.2 China                                                                             

                6.3 India                                                                              

                6.4 Japan                                                                            

                6.5 South Korea                                                                               

                6.6 Australia                                                                      

7. Strategic Analysis                                                                                       

                7.1 PESTLE analysis                                                                         

                                7.1.1 Political                                                     

                                7.1.2 Economic                                                 

                                7.1.3 Social                                                         

                                7.1.4 Technological                                                         

                                7.1.5 Legal                                                          

                                7.1.6 Environmental                                                       

                7.2 Porter’s Five analysis                                                                              

                                7.2.1 Bargaining Power of Suppliers                                                        

                                7.2.2 Bargaining Power of Consumers                                                    

                                7.2.3 Threat of New Entrants                                                     

                                7.2.4 Threat of Substitute Products and Services                                                              

                                7.2.5 Competitive Rivalry within the Industry                                                     

8. Market Leaders' Analysis                                                                                        

                8.1 Alma Lasers Ltd.                                                                       

                                8.1.1 Overview                                                 

                                8.1.2 Product Analysis                                                   

                                8.1.3 Financial analysis                                                  

                                8.1.4 Recent Developments                                                       

                                8.1.5 SWOT analysis                                                       

                                8.1.6 Analyst View                                                          

                8.2 Fotona d.d.                                                                 

                8.3 Sciton Inc.                                                                   

                8.4 EL.En. S.p.A.                                                                               

                8.5 Lynton Lasers Ltd.                                                                    

                8.6 Solta Medical Inc.                                                                     

                8.7 Lumenis Ltd.                                                                              

                8.8 Cynosure Inc.                                                                            

                8.9 Syneron Medical Ltd.                                                                             

                8.10 Lutronic Corporation                                                                            

9. Competitive Landscape                                                                                           

                9.1 Market share analysis                                                                            

                9.2 Merger and Acquisition Analysis                                                                       

                9.3 Agreements, collaborations and Joint Ventures                                                                         

                9.4 New Product Launches                                                                         

10. Market Outlook and Investment Opportunities                                                                                         

Appendix                                                                                           

                a) List of Tables                                                                

                b) List of Figures                                                                              

  •  Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms product type and by end user  market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Asia Pacific Tattoo Removal Devices  Market By Procedure, From 2018-2023( USD Million )
  2. Asia Pacific Laser-Based Devices Market By Region, From 2018-2023( USD Million )
  3. Asia Pacific RF Devices Market By Region, From 2018-2023( USD Million )
  4. Asia Pacific Ultrasound Devices Market By Region, From 2018-2023( USD Million )
  5. Asia Pacific Tattoo Removal Devices  Market By End User, From 2018-2023( USD Million )
  6. Asia Pacific Dermatology Clinics  Market By Region, From 2018-2023( USD Million )
  7. Asia Pacific  Beauty Clinics Market By Region, From 2018-2023( USD Million )
  8. Japan Tattoo Removal Devices  Market By Procedure, From 2018-2023( USD Million )
  9. Japan Tattoo Removal Devices  Market By End User, From 2018-2023( USD Million )
  10. China Tattoo Removal Devices  Market By Procedure, From 2018-2023( USD Million )
  11. China Tattoo Removal Devices  Market By End User, From 2018-2023( USD Million )
  12. India Tattoo Removal Devices  Market By Procedure, From 2018-2023( USD Million )
  13. India Tattoo Removal Devices  Market By End User, From 2018-2023( USD Million )
  14. Australia Tattoo Removal Devices  Market By Procedure, From 2018-2023( USD Million )
  15. Australia Tattoo Removal Devices  Market By End User, From 2018-2023( USD Million )
  16. South Korea Tattoo Removal Devices  Market By Procedure, From 2018-2023( USD Million )
  17. South Korea Tattoo Removal Devices  Market By End User, From 2018-2023( USD Million )

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