The rising need for multicolor tattoo removal that can remove a wide range of pigments for various skin types with minimal discomfort has bolstered the demand for more efficacious devices.
Albany, NY -- (SBWIRE) -- 11/26/2017 -- According to the latest study titled "Tattoo Removal Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022" submitted to the vast repository of Market Research Reports Search Engine (MRRSE), the global market for tattoo removal devices is estimated to grow from worth US$ 232.4 Mn in 2017 to US$ 321.9 Mn in value by the end of 2022. The report further projects that the tattoo removal devices market is expected to exhibit 6.7% CAGR during the assessment period from 2017 to 2022.
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The report examines the past trends, key factors driving the market, technological advances, pricing & cost structures, competitive landscape and opportunities available for new entrants and existing players in the global market of tattoo removal devices.
The report begins with an executive summary presenting key information such as CAGR followed by another section of market overview. This section provides basic information such as market taxonomy and market definition for global tattoo removal devices market. The readers can also find market share from 2012 to 2016 and forecast from 2017 to 2022 along with year-on-year growth.
For in-depth analysis of global tattoo removal devices market, the report has segmented the market into product, end user and region. The product segment is further divided into laser based devices, RF devices, ultrasound devices and other devices. As per report, the segment for laser based tattoo removal devices holds the leading market share and is estimated to witness high demand throughout the assessment period. The end-user is sub-segmented into dermatology clinics and beauty clinic.
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Geographically, the market is segmented into main regions which are North America, Europe, Latin America, Asia Pacific Excluding Japan, Middle East & Africa and Japan. The analysis is presented for these segments in terms of comparison for revenue, market share and year-on-year growth. As per the report analysis, the tattoo removal devices market for North America is expected to stay ahead with maximum of market share with a CAGR of 7.4% during forecast period from 2017 to 2022.
The report shares insights on competitive landscape in the global tattoo removal devices market and profiles some of the key players operating in the market which are Cutera Inc., Lutronic Corporation, Syneron Medical Ltd., Cynosure, Inc., Lumenis Ltd., Solta Medical Inc., Lynton Lasers Ltd., EL.En. S.p.A., Fotona d.d., Sciton, Inc. and Alma Lasers, Ltd.
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